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Reuters: Business News

In first public results, Branson's Virgin Galactic posts New! 2020-02-25 18:04:25Billionaire Richard Branson's space tourism company, Virgin Galactic Holdings Inc , said on Tuesday its fourth-quarter net loss widened to $73 millio

Liberian former IMF official nominated for Fund's number New! 2020-02-25 18:00:30International Monetary Fund Managing Director Kristalina Georgieva on Tuesday nominated former IMF official Antoinette Sayeh to become the organizatio

U.S. trade rep Lighthizer to meet British counterpart New! 2020-02-25 17:59:48U.S. Trade Representative Robert Lighthizer will meet with Britain's trade minister Liz Truss this week, British government officials said on Tuesday

Tesla and U.S. regulators strongly criticized over role New! 2020-02-25 17:58:37The National Transportation Safety Board on Tuesday sharply criticized Tesla Inc.'s lack of system safeguards in a fatal 2018 Autopilot crash in Cali

Mallinckrodt agrees to $1.6 billion opioid settlement, unit New! 2020-02-25 17:54:19Mallinckrodt Plc on Tuesday said it had agreed to a $1.6 billion settlement proposal in which its generic drug business would file for bankruptcy in o

Three U.S. Senate Democrats propose sweeping reforms after New! 2020-02-25 17:50:32Three Democratic U.S. senators on Tuesday introduced sweeping legislation to reform how new airplanes are certified and overseen by U.S. regulators af

PG&E plans to raise up to $25.68 billion New! 2020-02-25 17:42:36California power producer PG&E Corp said on Tuesday it plans to raise up to $25.68 billion by selling securities, as it works its way out of the

Walt Disney's Iger steps down as CEO, parks New! 2020-02-25 17:17:08Walt Disney Co's Robert Iger will step down as chief executive officer, handing the reins to Disney Parks head Bob Chapek, the company said on Tuesd

Wall Street's sell-off deepens as coronavirus fears intensify New! 2020-02-25 17:07:54The Dow and the S&P 500 tumbled 3% on Tuesday in their fourth straight day of losses as the coronavirus spread further around the world and invest

Coronavirus fears pull U.S. chip index into a New! 2020-02-25 17:07:54Wall Street's main semiconductor benchmark tumbled into correction territory on Tuesday in its deepest four-day rout since the financial crisis, as t

Once bulletproof, tech stocks now among market's biggest New! 2020-02-25 17:03:13Technology shares -- a key engine of the stock market's climb to records over the last several months -- are now among those leading Wall Street's p

Stocks, oil fall further on accelerating coronavirus concerns New! 2020-02-25 17:01:21Stocks and oil prices tumbled again on Tuesday and the benchmark U.S. debt yield hit a record low on growing concern about the effects of the spread o

BBC News - Business

GM scraps historic Holden car brand in Australia 2020-02-16 22:45:43The move comes as the US car giant retreats from more markets as it focuses on more profitable countries

Japan's economy shrinks at fastest rate since 2014 2020-02-16 20:56:26The world's third largest economy was hit by a sales tax rise, a destructive typhoon and weak global demand.

Crossing Divides: The 'youngsters' gaining respect at work 2020-02-16 19:04:39A demand for social media skills is bringing younger people into the workplace, but this can create friction.

Coronavirus: Bicester Village 'having a tough time' 2020-02-16 19:03:59Spending by visitors from China in the UK stood at £714m in September 2019.

Heathrow Airport apologises for IT failure disruption 2020-02-16 18:00:15The airport says the "technical issues" have been resolved and "systems are returning to normal".

Tesla: German court halts work on new 'Gigafactory' 2020-02-16 14:28:14Environmentalists win a temporary injunction against forest clearance for a new "Gigafactory".

Grant Shapps: Government 'not involved' in China-HS2 talks 2020-02-16 06:58:21The transport secretary's remarks follow reports that China offered to build the line in five years.

Flood defences in England get 1% of infrastructure 2020-02-15 19:54:08Nearly £5bn is due to be spent on flood defences in England up until 2026, government figures show.

Mark Zuckerberg: Facebook boss urges tighter regulation 2020-02-15 18:28:51Mark Zuckerberg says social media firms should not decide what counts as legitimate free speech.

Washington increases tariffs on aircraft after EU subsidy 2020-02-15 09:44:07Most other tariffs on EU exports to the US, including salmon and blended Scotch whisky, are being retained.

Will Vodafone hang up on its business in 2020-02-14 20:01:37A ruling by the Supreme Court could signal the end of the road for the UK telecoms giant in the country.

Pregnant actresses: 'We're not treated like people' 2020-02-14 17:37:27The way some actresses are treated is straight out of "the dark ages", says the Equality Commission.

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