Business

  • Japan’s Line teams up with Mizuho, Tencent; shares leap

    FILE PHOTO: A Tencent sign is seen during the fourth World Internet Conference in Wuzhen, Zhejiang province, China, December 4, 2017. REUTERS/Aly Song/File Photo TOKYO (Reuters) – Japanese chat app operator Line Corp (3938.T) will…

  • Dismantling the oil industry: rough North Sea waters test new ideas

    LONDON (Reuters) – Scottish marine salvage group Ardent is adapting the tanks it used to refloat the Costa Concordia, the cruise ship wrecked off the Italian coast in 2012, to decommission North Sea oil platforms.…

  • Party’s over: As margins tumble, China steel mills brace for hard times

    MANILA/BEIJING (Reuters) – Chinese steel producers ran up losses for the first time in three years this month as prices slid into a bear market on weak demand and near-record supply, ending years of solid…

  • Ghosn suspected of shifting personal investment losses to Nissan: Asahi

    FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, speaks at the Tomorrow In Motion event on the eve of press day at the Paris Auto Show, in Paris, France, October 1, 2018.…

  • Mitsubishi Motors executive stresses importance of alliance with Nissan, Renault

    Journalists wait for Mitsubishi Motors Corp’s President and CEO Osamu Masuko at a showroom of the company’s headquarters in Tokyo, Japan November 26, 2018. REUTERS/Toru Hanai OKAZAKI, Japan (Reuters) – A top executive at Mitsubishi…

  • Asia gets China trade boost, bitcoin shoots for the stars

    [ad_1] SYDNEY (Reuters) – Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations, and investors marveled at the meteoric ascent of the market’s new crypto-star,…

  • Budweiser maker Anheuser-Busch reserves 40 Tesla electric trucks

    [ad_1] (Reuters) – Budweiser beer maker Anheuser-Busch has reserved 40 Tesla Inc all-electric Semi trucks as it seeks to reduce fuel costs and vehicle emissions, the brewer said on Thursday. FILE PHOTO – Tesla’s new…

  • ExxonMobil, Chevron, Shell paid no tax in Australia for 2016

    [ad_1] MELBOURNE (Reuters) – Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) paid no tax in Australia in the 2016 financial year, the third year in a row, despite reporting billions of dollars in income…

  • Breaking slow: Asia set to raise rates next year, but still lag Fed

    [ad_1] HONG KONG (Reuters) – Tighter monetary policy is coming to Asia next year. Yet it will lag the Federal Reserve’s rate hikes as Asian central banks balance an exports-led revival in growth with a…

  • Airbus faces hectic December to meet 2017 delivery goal

    [ad_1] PARIS (Reuters) – Airbus lagged Boeing in jet production and sales in the first 11 months of the year but left itself a shot at meeting full-year delivery targets after unblocking delayed engine supplies…

  • Tech tremors spread to financials to spoil global rally

    [ad_1] LONDON (Reuters) – Tremors in technology stocks spread to Europe and were set to dent U.S. trading on Wednesday, with weaker metals prices and flagging financials also tripping up a rally that had taken…

  • U.S. urges judge to reject AT&T/Time Warner court date proposal

    [ad_1] WASHINGTON (Reuters) – The U.S. government on Tuesday urged a federal judge to reject the February court date sought by AT&T (T.N) and Time Warner (TWX.N) in a dispute over the firms’ proposed merger,…

  • Disney's bid for Fox assets gains momentum: sources

    [ad_1] (Reuters) – Walt Disney Co (DIS.N) is in the lead to acquire much of Twenty-First Century Fox Inc’s (FOXA.O) media empire, though rival suitor Comcast Corp (CMCSA.O) remains in contention, people familiar with the…

  • GM puts an e-commerce marketplace in the dashboard

    [ad_1] DETROIT (Reuters) – General Motors Co (GM.N) on Tuesday said it will equip newer cars with in-dash e-commerce technology, betting it can profit as drivers order food, find fuel or reserve hotel rooms by…

  • Dalian Wanda sold major China ski resort in June: report

    [ad_1] HONG KONG (Reuters) – Dalian Wanda Group sold one of China’s largest ski resorts to another conglomerate in June, online news website The Paper reported, although it did not give a deal value for…

  • Amid rising discounts, Nissan seeks 'fair share' of pie in U.S.: executive

    [ad_1] DETROIT (Reuters) – Facing a glut of late-model 2017 vehicles and rising consumer discounts by competitors, Nissan Motor Co Ltd (7201.T) will continue to target a “fair share of the pie” with big discounts…

  • Stock futures jump after Senate approves tax bill

    [ad_1] (Reuters) – U.S. stock futures pointed to a solid open for Wall Street on Monday after the U.S. Senate passed its version of a tax overhaul bill, bringing closer to reality President Donald Trump’s…

  • Rio Tinto holds course as it looks inward for new chairman

    [ad_1] SYDNEY (Reuters) – Global miner Rio Tinto (RIO.AX)(RIO.L) signaled on Monday it will stick with its “value over volume” strategy, outlining further moves to boost shareholder returns and appointing a new chairman from within…

  • Aetna agrees to $69 billion sale to CVS Health: sources

    [ad_1] (Reuters) – Aetna Inc’s (AET.N) board of directors approved on Sunday the U.S. health insurer’s sale to drugstore chain operator CVS Health Corp (CVS.N) for approximately $207 per share in cash and stock, according…

  • Volkswagen 'misused' me, accused executive tells judge

    [ad_1] BERLIN (Reuters) – Volkswagen AG (VOWG_p.DE) executive Oliver Schmidt, who is due to be sentenced this week in connection with the carmaker’s emissions scandal, has written to the judge to say he feels “misused”…

  • Greece, lenders reach deal on reforms under bailout review

    [ad_1] ATHENS (Reuters) – Greece and official creditors on Saturday concluded talks on the review of its bailout progress, reaching agreement on fiscal issues, energy and labor market reforms, bad loans and privatizations, the country’s…

  • Israel may adjust corporate tax after U.S. slash – finance minister

    [ad_1] JERUSALEM (Reuters) – Israel may have to make adjustments to its corporate tax rate, Finance Minister Moshe Kahlon said on Saturday in response to a tax slash approved by the U.S. Senate. Israeli Finance…

  • Fear of missing out keeps investors in stocks despite risks

    [ad_1] NEW YORK, (Reuters) – Wall Street’s fear of missing out on a relentless rally appears to be trumping rising political risk in a high-stakes December in Washington. Traders react at the closing bell on…

  • Three Uber security managers resign after CEO criticizes practices

    [ad_1] SAN FRANCISCO/WASHINGTON (Reuters) – Three senior managers in Uber Technologies Inc’s security unit resigned on Friday, an Uber spokesperson said, days after the company’s new chief executive officer disclosed a massive data breach and…

  • Political risk on Wall Street? Buy the dip!

    [ad_1] SAN FRANCISCO (Reuters) – An abrupt stock selloff on Friday, sparked by a report that magnified concerns about President Donald Trump’s potential links with Russia, prompted Wall Street’s favorite reaction in recent months: “Buy…

  • India's Wipro faces lawsuit from National Grid US

    [ad_1] (Reuters) – Wipro Ltd (WIPR.NS), India’s No.3 software exporter, said on Friday that it would challenge a lawsuit filed by National Grid US seeking damages of over $140 million related to a project that…

  • Exclusive: Nissan sues India over outstanding dues; seeks over $770 million

    [ad_1] NEW DELHI (Reuters) – Japanese automaker Nissan Motor (7201.T) has begun international arbitration against India to seek more than $770 million in a dispute over unpaid state incentives, according to a person familiar with…

  • GM plans large-scale launch of self-driving cars in U.S. cities in 2019

    [ad_1] SAN FRANCISCO/DETROIT (Reuters) – General Motors Co (GM.N) laid out its vision for self-driving vehicles on Thursday, telling investors it planned a commercial launch of fleets of fully autonomous robo-taxis in multiple dense urban…

  • Sears comp sales continue to fall, loss in line with forecast

    [ad_1] (Reuters) – Sears Holdings Corp (SHLD.O) continued its streak of declining sales in the third quarter, reporting a double-digit drop in comparable sales at its Sears and Kmart chains. A Sears logo is seen…

  • Oil markets on tenterhooks ahead of OPEC meeting in Vienna

    [ad_1] SINGAPORE (Reuters) – Oil markets opened cautiously on Thursday ahead of an OPEC meeting in Vienna later in the day, with oil producers set to debate extension of the supply-cut agreement that has started…

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