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BBC News - Business

Deutsche Bank and Commerzbank abandon merger talks 2019-04-25 05:04:49Deutsche Bank says the benefits of a merger with Commerzbank would not have offset the costs.

RBS chief executive Ross McEwan resigns 2019-04-25 04:50:18Mr McEwan said he has "delivered the strategy" promised when he took over in 2013.

Sainsbury's-Asda merger blocked by regulator 2019-04-25 04:30:29A merger between the supermarkets would leave consumers worse off, the UK competition watchdog says.

Ghosn: Tokyo court grants $4.5m bail to former 2019-04-25 03:29:22Carlos Ghosn, who faces financial misconduct charges in Japan, is set be released from custody on bail.

Belt and Road: China showcases initiative to world 2019-04-25 03:18:57The leaders' summit comes as China faces growing criticism over its massive infrastructure programme.

What the Airbnb surge means for UK cities 2019-04-25 02:17:43Data analysed by the BBC reveals rocketing number of listings amid debate over the effect on communities.

The secret world of Russia's North Korean workers 2019-04-24 19:22:37North Korean migrants working in Russia are facing uncertainty due to UN sanctions.

Is China losing the battle against an incurable 2019-04-24 19:01:47Global pork prices could rise sharply as African swine fever decimates China's pig population.

Aldi accused of copying pram shade 2019-04-24 19:01:42Entrepreneur Cara Sayer says the supermarket chain has copied her product, a claim it denies.

How have Airbnb and short lets changed Edinburgh? 2019-04-24 19:01:38A lettings agent and long-term resident give their take on how the growth of Airbnb and short term lets have changed Edinburgh.

Premier League wage bill surges to £2.9bn 2019-04-24 19:01:34Having five teams doing well in the Champions League helped push clubs' total revenue up to £4.8bn.

Tesla reports $702m quarterly loss 2019-04-24 18:33:52The US electric car and battery maker said it would return to profit in the third quarter.

Reuters: Business News

Dollar dips ahead of U.S. GDP print, shares New! 2019-04-26 04:52:38The dollar retreated from 23-month highs on Friday ahead of keenly awaited U.S. gross domestic product data for the first quarter, while global shares

Renault to propose joint holding company with Nissan: New! 2019-04-26 04:47:47Renault SA will propose to Nissan Motor Co a plan to create a joint holding company which would give both firms equal footing as the French automaker

Ad group WPP hit by client losses in New! 2019-04-26 04:25:03The world's biggest advertising company WPP suffered a sharp drop in first-quarter underlying sales in North America as the loss of work from clients

China's Xi says Belt and Road must be New! 2019-04-26 04:24:17China's Belt and Road initiative must be green and sustainable, President Xi Jinping said at the opening of a summit on his grand plan on Friday, add

German economy minister says EEA seeks Belt and New! 2019-04-26 04:23:57The European Economic Area wants to sign a memorandum of understanding on China's Belt and Road initiative as a whole and not as individual states, G

Glencore stock weakens as U.S. probes 'corrupt practices' New! 2019-04-26 04:20:48Glencore Plc shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner br

Bayer shareholders vent ire over Monsanto-linked stock rout New! 2019-04-26 04:10:49Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker's $63 billion takeover

Britain 'committed to helping China realise Belt and New! 2019-04-26 03:45:46Britain is committed to help realize the potential of China's Belt and Road Initiative (BRI), British finance minister Philip Hammond said on Friday.

Daimler first-quarter hurt by production delays at Mercedes, New! 2019-04-26 03:12:52Daimler's first-quarter operating profit fell 16 percent on Friday as a 718 million euro ($800 million) one-off gain failed to offset costs from a pr

Battle for Hong Kong Airlines pulls complex HNA New! 2019-04-26 02:58:17Shareholders summoned by Hong Kong Airlines this month for a meeting were greeted with some shocking news: the airline needed at least HK$2 billion in

World Bank's new president skips China's Belt and New! 2019-04-26 02:55:11Nearly 40 world leaders and scores of finance officials, including International Monetary Fund Managing Director Christine Lagarde, are gathered in Be

IMF's Lagarde says China's Belt and Road should New! 2019-04-26 02:55:11China's massive Belt and Road infrastructure program should only go where it is needed and where the debt it generates can be sustained, Internationa

Business News - UPI.com

Acting Defense Secretary Patrick Shanahan cleared in ethics 2019-04-25 13:12:24 Acting defense secretary Patrick Shanahan has been cleared by the Pentagon's inspector general after an investigation into possible ethics violation

Marines to field enhanced handheld targeting system later 2019-04-25 11:35:47 The U.S. Marine Corps plans later this year to integrate new technologies into the existing Common Laser Range Finder-Integrated Capability handheld

Hydroid awarded $23.1M for production support on unmanned 2019-04-25 09:19:16 Hydroid was awarded a $23.1 million contract for production support of the MK 18 family of unmanned submersibles for the U.S. Navy.

Lockheed Martin awarded $117.1M contract for F-35 parts 2019-04-24 16:22:31 Lockheed Martin has received a $117.1 million contract modification for a variety of spares for the F-35 fighter planes of the U.S. Air Force and Mar

Lockheed Martin cuts ribbon on South Carolina F-16 2019-04-24 16:03:15 Lockheed Martin opened its new F-16 fighter plane production line in Greenville, S.C., nearly two years after announcing it would move there.

Air Force's B-1B bombers back in the air 2019-04-24 13:47:42 Flights of the Air Force's B-1B Lancer bombers have resumed after a nearly month-long stand-down after potentially fleet-wide issues regarding the p

Navy executes successful test of AEGIS Virtual Twin 2019-04-24 13:29:19 The U.S. Navy successfully executed a live-fire drill controlled by a prototype of the AEGIS Virtual Combat Management System, the U.S. Naval Sea Sys

VT Halter awarded $745.9M for Coast Guard's new 2019-04-24 12:29:47 VT Halter Marine received a $745.9 million contract for design of the new class of polar icebreakers for the Coast Guard, as well as long lead-time m

Coast Guard plans to add resources in Arctic 2019-04-23 13:44:45 The U.S. Coast Guard wants to add resources to the Arctic because "dramatic changes in the physical environment" of the region have allowed China a

Lockheed awarded $20M to provide services for subs' 2019-04-23 12:52:13 Lockheed Martin has been awarded a $20 million contract to provide engineering and technical services for the AN/BLQ-10 submarine electronic warfare

Stennis joins Lincoln as second carrier strike group 2019-04-23 12:36:11 The U.S. Navy now has two strike groups operating in the Mediterranean Sea as the John C. Stennis carrier joined the Abraham Lincoln group on Monday.

Lockheed awarded $362.7M for Army's multiple launch rocket 2019-04-23 09:47:56 Lockheed Martin has been awarded a $362.7 million contract to supply the U.S. Army with multiple launch rocket system spares, improvements and other

Christian Science Monitor |

Be Kind, Please Rewind: Oregon boasts last Blockbuster 2019-03-18 18:14:04All corporate-owned Blockbusters shuttered after the business belly-upped in 2010. The success of the last store of its kind in Oregon has thrive

Once a darling, Big Tech is now a 2019-03-18 18:14:04The push for regulating America’s largest tech firms is about more than Facebook. It’s about a world coming to terms with how information

Sign of hope or worry? When the dollar 2019-03-18 18:14:04Do dollar stores, which now outnumber McDonald’s restaurants, provide hope for low-income areas hungry for retail? Or is their arrival a symptom

Growth in 'gender-smart' investing helps women in business, 2019-03-18 18:14:04“Gender-smart” investing support a broad spectrum of initiatives that ultimately support progress for women and girls. The trend is likely

Behind Huawei’s court battle: open markets vs. national 2019-03-18 18:14:04This legal battle signals the rising strategic importance of internet security. The dawn of so-called 5G networks is raising the stakes, as the U.S. a

China to pass new law barring demands for 2019-03-18 18:14:04China is expected to pass a foreign investment law that will bar government authorities from demanding that overseas companies share technology s

GM shutters car production at Ohio plant 2019-03-18 18:14:04After more than 50 years of churning out cars and trucks, a changing consumer market is forcing General Motors to end vehicle production at its Lordst

Caregiving crisis? Employers slow to catch up to 2019-03-18 18:14:04Balancing work and family is a familiar challenge. We were intrigued by a new workplace survey that emphasizes the role that employers, not just gover

A Trump-Obama trend: revival of ‘Made in the 2019-03-18 18:14:04A US economic sector that many had written off has been showing strong new life. Our reporter looks at the trend’s durability and at the debate

Walmart phasing out greeters, workers with disabilities fear 2019-03-18 18:14:04In an effort to compete with Amazon, Walmart has turned its storefront "greeters" into more physically demanding "customer hosts," a move that cam

Stocks surge following US decision to postpone China 2019-03-18 18:14:04The US-China tech tug-of-war threatens to upend global trade. That's why the Trump administration's postponement of tariffs on Chinese imports signa

Beyond Amazon debacle, wider doubts about tax breaks 2019-03-18 18:14:04When New York City saw its deal for a corporate HQ collapse, some leftist politics was involved. But the bigger message may be rising scrutiny of whet

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WhatsApp Pay being tested in India, but have 2019-04-25 12:51:00Once launched, Facebook's WhatsApp Pay would directly compete with players such as Alphabet's Google Pay, Walmart owned PhonePe, Amazon Pay and Alib

Govt to charge Axis Bank, StanChart, Bawa & 2019-04-25 12:18:00The ministry is filling two applications and a petition against Bawa and his wife and the banks after it has come to light that the parties have broke

Tata Steel Q4 profit falls 84% to Rs 2019-04-25 11:50:00The company had clocked a net profit of Rs 14,688.02 crore in the corresponding quarter of the previous financial year

Biocon posts growth of 64% in net profit 2019-04-25 11:09:00Strong performance owing to growth in biologics, research services and small molecules business, says company

Microsoft edges toward $1 trillion valuation, boosted by 2019-04-25 09:48:00Microsoft shares rose as much as 5.1 per cent Thursday morning in New York, briefly pushing its valuation across $1 trillion before pulling back sligh

MNCs in India accused of not passing on 2019-04-25 08:22:00The companies had to pass on the benefits to customers after the government reduced GST to 18 per cent from 28 per cent, and to 5 per cent from 12 per

Axis Bank back in black; reports Rs 1,505 2019-04-25 08:09:00Net interest income for the quarter, which is interest earned less interest expended, increased by 21 per cent to Rs 5706 crore from Rs 4730 crore in

IPL 2019, KKR vs RR LIVE score: Kolkata 2019-04-25 08:00:00Royals will be without Jos Buttler once again but for the last time in IPL 2019, Ben Stokes and Jofra Archer will be part of RR playing 11. Check KKR

Maruti Suzuki to phase out diesel cars as 2019-04-25 06:47:00Diesel cars account for almost a third of sales

Iran says it won't let any country replace 2019-04-25 06:10:00A senior US administration official said on Monday that President Donald Trump was confident Saudi Arabia and the United Arab Emirates would fill any

Here is why Congress did not field Priyanka 2019-04-25 06:06:00The Congress says the idea behind fuelling speculation that Priyanka might contest from Varanasi was to rattle the BJP

Want to have an exposure to foreign markets? 2019-04-25 05:51:00Over the next three-four years, it aims to grow its PMS AUM (assets under management) size to Rs 1,000 crore.


The subtle ways that discrimination works 2019-04-19 20:00:00In the workplace, it’s a still man’s world

Publicis buys Epsilon, a data-marketer, for $4.4bn 2019-04-19 20:00:00The deal hints at advertisers’ virtual designs

Chevron buys Anadarko for its shale assets 2019-04-19 20:00:00The $33bn megadeal signals consolidation in the fracking business

India’s bankruptcy code collides with reality 2019-04-19 20:00:00A much-ballyhooed insolvency regime faces court challenges

Saudi Aramco looks downstream, and East 2019-04-19 20:00:00The oil giant’s shift towards Asia and beyond crude should worry its Western rivals

Big carmakers are placing vast bets on electric 2019-04-16 20:00:00From GM and Geely to Mitsubishi and Mercedes, giants of the industry are making battery-powered plans

Apple and Qualcomm settle a feud over patents 2019-04-16 20:00:00The agreement ends perhaps the most epic intellectual-property battle ever between technology titans

Do spring profits foreshadow an earnings winter? 2019-04-12 20:00:00Probably not

Amazon’s empire rests on its low-key approach to 2019-04-12 20:00:00Unflashy but high-powered machine learning powers everything from its fulfilment centres to the cloud

Lobbying in Donald Trump’s Washington 2019-04-12 20:00:00Advancing corporate America’s interests is no easier under the CEO president

Germany’s Mittelstand are hardly prepared for Brexit 2019-04-12 20:00:00Preparing for a hypothetical Brexit is too costly

Facebook dominates Afghan e-commerce 2019-04-12 20:00:00Recent changes to the social network’s newsfeed has made life harder for online retailers

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