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Reuters: Business News

WeWork names COO in first major appointment under New! 2020-02-20 09:00:57Office-sharing startup WeWork on Thursday named Shyam Gidumal, a former Ernst & Young executive, as its new chief operating officer in the first m

Swiss bank Julius Baer slammed for money laundering New! 2020-02-20 08:52:52Swiss bank Julius Baer has been reprimanded by the country's watchdog for ignoring money laundering risks in handling millions of francs of suspect

L Brands sells majority stake in Victoria's Secret, New! 2020-02-20 08:47:42L Brands Inc said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the linge

Microsoft to invest $1.1 billion in Mexico over New! 2020-02-20 08:45:15Microsoft Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promoti

UBS's tech-savvy new boss Hamers not always loved New! 2020-02-20 08:42:40Ralph Hamers made his mark as a tech-savvy chief executive who led Dutch bank ING back to profitability after cementing its position as a no-frills l

U.S. weekly jobless claims rise modestly New! 2020-02-20 08:37:28The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help to suppor

Morgan Stanley to buy E*Trade Financial in $13 New! 2020-02-20 08:27:47Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in an all-stock deal worth about $13 billion, the biggest dea

Oil firms on supply threats, easing demand woes New! 2020-02-20 08:16:57Oil prices rose on Thursday supported by China's efforts to boost its economy, a drop in new coronavirus cases at the epicentre of the outbreak and s

HSBC targets the globally mobile with $1.4 trillion New! 2020-02-20 08:14:51HSBC plans to invest heavily in its newly combined retail and private banking business as it targets internationally minded customers in markets such

Dollar tramples yen and everything in its path New! 2020-02-20 08:09:13The dollar trampled everything in its path on Thursday after a steep and sudden slide in the Japanese yen called into question its safe-haven status a

Exclusive: Westinghouse set to sign pact with Indian New! 2020-02-20 08:06:38U.S. energy firm Westinghouse is expected to sign a new agreement with state-run Nuclear Power Corporation of India for the supply of six nuclear reac

Domino's U.S. same-store sales, profit beat estimates, shares New! 2020-02-20 08:04:10Domino's Pizza Inc on Thursday reported quarterly U.S. same-store sales and profit above analysts' estimates, as its focus on faster delivery and n

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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