|Channel: Reuters: Business News
|RSS File: http://feeds.reuters.com/reuters/businessNews
|Description: Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
- Google helps stock markets recover, oil stretches above $75
Tue, 24 Apr 2018 04:56:49 -0400
LONDON (Reuters) - World stocks steadied on Tuesday after three sessions of losses thanks to strong earnings from the likes of Google and as a rise in U.S. bond yields towards the key 3 percent level stalled, while oil prices stretched to fresh highs above $75 a barrel.
- Facebook releases long-secret rules on how it polices the service
Tue, 24 Apr 2018 05:14:04 -0400
MENLO PARK, Calif. (Reuters) - Facebook Inc on Tuesday released a rule book for the types of posts it allows on its social network, giving far more detail than ever before on what is permitted on subjects ranging from drug use and sex work to bullying, hate speech and inciting violence.
- In Des Moines, Wells Fargo looks to soothe critics
Tue, 24 Apr 2018 01:06:01 -0400
IOWA CITY, Iowa (Reuters) - Wells Fargo & Co executives planned to convey a message of atonement to shareholders at the bank's annual meeting in Des Moines, Iowa on Tuesday as it works to convince investors and regulators a sweeping sales scandal is a thing of the past.
- Softbank, Google join $1.9 billion investment in China truck-hailing firm
Tue, 24 Apr 2018 04:43:02 -0400
BEIJING/SHANGHAI (Reuters) - Japan's Softbank Group and Alphabet Inc's venture capital fund CapitalG are among investors pouring $1.9 billion into a truck hailing service platform Manbang, the Chinese company said in a statement on Tuesday.
- BP has 'very strong' partnership with Rosneft - CEO
Tue, 24 Apr 2018 06:03:54 -0400
LONDON (Reuters) - BP has a "very strong" partnership with Russian oil giant Rosneft but will steer away from politics, Chief Executive Officer Bob Dudley said on Tuesday, as Moscow could face new western sanctions.
- One in five financial institutions consider cryptocurrency trading, survey says
Tue, 24 Apr 2018 05:15:25 -0400
LONDON (Reuters) - One in five financial institutions is considering trading cryptocurrencies within the next 12 months, a survey published by Thomson Reuters on Tuesday found.
- Exclusive: China's HNA Group seeks up to $1.5 billion in new fund - document
Tue, 24 Apr 2018 04:44:47 -0400
(Reuters) - A unit of debt-laden Chinese conglomerate HNA Group [HNAIR.UL] is seeking to raise as much as $1.5 billion by the end of this year in an investment fund that will serve as the group's primary vehicle for global acquisitions, a document reviewed by Reuters showed.
- China's Didi in talks for IPO as early as this year: WSJ
Tue, 24 Apr 2018 04:59:55 -0400
(Reuters) - Chinese ride-hailing company Didi Chuxing is in talks for a multi-billion-dollar initial public offering that could take place as early as this year, The Wall Street Journal reported on Tuesday, citing people familiar with the matter.
- Deutsche Bank may announce investment bank revamp on Thursday: source
Tue, 24 Apr 2018 03:39:17 -0400
FRANKFURT (Reuters) - Deutsche Bank AG may spell out strategy changes for its investment bank on Thursday along with first-quarter earnings, a person with knowledge of the matter said on Tuesday.
- Whirlpool to sell Embraco compressor business to Japan's Nidec for $1.08 billion
Tue, 24 Apr 2018 04:35:15 -0400
(Reuters) - Home appliance maker Whirlpool Corp said on Tuesday it agreed to sell its Embraco compressor business to Japan's Nidec Corp for $1.08 billion in cash as it focuses on its consumer-facing business.