A German court has ordered Amazon not to lure internet shoppers to its online marketplace when they mistakenly search for "Brikenstock", "Birkenstok", "Bierkenstock" and other variations in Google. [Source]
TOKYO (Reuters) - The price of bitcoin extended its sharp tumble of the past 24 hours, dropping more than seven percent on the Bitstamp exchange on Wednesday, spooked by worries regulators may try to clamp down on the highly-volatile trading in the digital currency.
TOKYO (Reuters) - Japan's central bank is set to maintain upbeat price forecasts next week and paint a slightly better picture of the economy than it did three months ago, signaling its conviction the country is making slow but steady progress in eradicating deflation.
(Reuters) - An attempt by Qatar-owned film company Miramax to buy Weinstein Co. has complicated plans to sell the studio to a group of investors led by former Obama administration official Maria Contreras-Sweet, the Los Angeles Times reported on Tuesday, citing people familiar with the matter.
DETROIT (Reuters) - Ford Motor Co on Tuesday estimated financial results for 2017 and 2018 that fell short of investor expectations, in a downbeat forecast that contrasted with a more positive outlook from rival automaker General Motors Co .
TOKYO (Reuters) - Asian stocks stepped back from a record high on Wednesday as the region's resource shares were dented by falling oil and commodity prices while digital currencies tumbled on worries about tighter regulations.
DETROIT (Reuters) - Automakers and lawmakers expressed hope on Tuesday that U.S. Congress would soon pass a stalled bill aimed at speeding self-driving cars to market, even as safety advocates argued for more performance requirements.
SYDNEY (Reuters) - Bitcoin had lost a quarter of its value in early Asian trading on Wednesday as fears grew of a regulatory crackdown after reports that South Korea's finance minister said banning trading in cryptocurrencies was still an option.
NEW YORK (Reuters) - General Electric Co indicated it is looking closely at breaking itself up on Tuesday as the conglomerate announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.
(Reuters) - CSX Corp reported lower-than-expected revenue for the fourth quarter due to a drop in shipments, but beat Wall Street's earnings targets on better prices and cost controls, capping a tumultuous year for the third-largest U.S. railroad operator.
NEW YORK (Reuters) - New York Stock Exchange parent Intercontinental Exchange Inc (ICE) plans to launch its fourth U.S. stock market, NYSE National, in the second quarter, according to a recent regulatory filing.
MEXICO CITY (Reuters) - Mexican state oil company Pemex [PEMX.UL] has chosen Japanese conglomerate Mitsui as its partner for a $2.6 billion coking plant project at its Tula refinery in a preliminary deal, two sources told Reuters this week.
(Reuters) - A federal judge in Philadelphia on Tuesday rejected Wells Fargo & Co's bid to dismiss that city's lawsuit accusing the largest U.S. mortgage lender of predatory lending targeting black and Hispanic borrowers.
The Trump administration said Tuesday it will ask the Supreme Court to review a federal judge's ruling from last week that blocked President Donald Trump's effort to end the Deferred Action for Childhood Arrivals program.
(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.
LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.
(Reuters) - The Dow Jones Industrial Average raced past the 26,000 mark for the first time on Tuesday as fourth-quarter earnings season got off to a strong start following upbeat results from UnitedHealth and Citigroup.
LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path toward healthier products.
LONDON/CAMBRIDGE, England (Reuters) - Britain ordered a fast-track inquiry into the role played by Carillion's directors in the failure of the construction and services group, as some of its thousands of small suppliers started to lay off workers on Tuesday.
LONDON/MILAN (Reuters) - Swiss food group Nestle agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, the first major sale from CEO Mark Schneider and a small step on its path towards healthier products.
NEW YORK (Reuters) - World stock markets advanced on Tuesday, with investors on Wall Street pushing the Dow index past the 26,000 threshold, while the U.S. dollar strengthened after four days of declines.
(Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets.
BERLIN/FRANKFURT (Reuters) - Tens of thousands of German industrial workers downed tools on Tuesday in support of trade union IG Metall's demands for a 6 percent pay rise and a right to the first new cut in weekly working hours since the 1980s.
(Reuters) - The U.S. Supreme Court on Tuesday rejected former New York state Assembly Speaker Sheldon Silver's bid to avoid a retrial on corruption charges after his 2015 conviction was thrown out by a lower court.
(Reuters) - General Electric Co will take a $6.2 billion charge in its fourth quarter results for a more than decade-old insurance portfolio covering long-term healthcare costs, the company said on Tuesday.
(Reuters) - The Dow Jones Industrial Average touched the 26,000-mark for the first time on Tuesday and other Wall Street indexes climbed as strong earnings from UnitedHealth and Citigroup helped lift the sentiment.
LONDON (Reuters) - Asia and Europe's big bourses kept world shares on their record-breaking run on Tuesday, although a steadier dollar halted the sizzling start to the year for the euro, yen and yuan and sent metals markets skidding.
BERLIN (Reuters) - Some 10,000 workers at German carmaker Daimler AG walked off their shifts for an hour on Tuesday as they sought to persuade employers to give engineering workers around Germany more pay and a shorter working week.
(Reuters) - Eiger BioPharmaceuticals Inc said on Tuesday it would stop development of its drug to treat pulmonary arterial hypertension, a type of high blood pressure, after it failed in a mid-stage study.
DETROIT (Reuters) - General Motors Co said on Tuesday it expects earnings in 2018 to be largely flat compared with 2017, but that profits should pick up pace in 2019 as its revamped line of high-margin pickup trucks hits the U.S. market.
(Reuters) - Futures on the Dow Jones Industrial Average surged more than 200 points on Tuesday, indicating that the blue-chip index could open above 26,000 for the first time, supported by strong earnings from UnitedHealth.
COPENHAGEN (Reuters) - The world's largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars.
LONDON (Reuters) - Saudi Aramco has not invited UBS and Bank of America Merrill Lynch to pitch for senior advisory roles in its stock market listing because they have not lent money to the state oil giant in recent years, according to five finance sources.
LONDON (Reuters) - Bitcoin tumbled 18 percent on Tuesday to a four-week trough close to $11,000, after reports that a ban on trading of cryptocurrencies in South Korea was still an option drove fears grew of a wider regulatory crackdown.
LONDON (Reuters) - Asia and Europe's big bourses kept world shares on their record-breaking run on Tuesday, though a steadier dollar halted the sizzling start to the year for the euro, yen and yuan and sent metals markets sprawling.
LONDON (Reuters) - Bitcoin slid as much as 14 percent on Tuesday to hit a four-week low below $12,000, as fears grew of a regulatory crackdown after reports that South Korea's finance minister had said banning trading in cryptocurrencies was still an option.
(Reuters) - Germany's Kevin Kuske wanted to bring his bobsleigh career to an end after their 'debacle' at the 2014 Sochi Games but after a change of heart the four-time Olympic champion is ready to push for another shot at glory in Pyeongchang next month.
TOKYO (Reuters) - Asian shares erased early modest losses and pushed to a fresh record high, while the euro remained within sight of a 3-year peak on rising expectations that the European Central Bank could pare its monetary stimulus.
SINGAPORE/LONDON (Reuters) - A Canadian man suspected of a rare bank robbery in Singapore in 2016 faces a court appearance in Britain on Thursday after he was detained on a extradition request from Singapore.
HOUSTON (Reuters) - Surging shale production is poised to push U.S. oil output to more than 10 million barrels per day - toppling a record set in 1970 and crossing a threshold few could have imagined even a decade ago.
WASHINGTON (Reuters) - U.S. lawmakers are urging AT&T Inc, the No. 2 wireless carrier, to cut all commercial ties to Chinese phone maker Huawei Technologies Co Ltd [HWT.UL] and oppose plans by telecom operator China Mobile Ltd to enter the U.S. market because of national security concerns, said two congressional aides.
BEIJING (Reuters) - A senior Chinese central banker says authorities should ban centralized trading of virtual currencies as well as individuals and businesses that provide related services, an internal memo from a government meeting seen by Reuters showed.
TOKYO (Reuters) - Asian shares pushed higher on Tuesday, erasing early modest losses while the euro stood near a 3-year peak on rising expectations that the European Central Bank could pare its monetary stimulus.
TOKYO (Reuters) - Asian shares slumped on Tuesday, as miners were pressured by weaker Chinese iron ore prices, while the euro stood near a 3-year peak on rising expectations that the European Central Bank could pare its monetary stimulus.
FRANKFURT/LONDON (Reuters) - Germany's Continental AG has hired JP Morgan to advise on a possible break-up, sources told Reuters, as the auto parts maker repositions for a market focused on electric and self-driving vehicles.
FRANKFURT/LONDON, Jan 16 (Reuters) - Germany's Continental AG has hired JP Morgan to advise on a possible break-up, sources told Reuters, as the auto parts maker repositions for a market focused on electric and self-driving vehicles.
SHANGHAI (Reuters) - A Chinese consumer group has asked Apple for information about the slowing of older iPhones after operating system updates, demanding a reply before Friday, state news agency Xinhua reported.
RIO DE JANEIRO (Reuters) - A Brazilian court on Monday ordered the world's largest iron ore miner Vale SA to repair environmental damages its operations caused in land belonging to a community of descendants of escaped slaves in northern Brazil.
Jan 15 (Reuters) - Citigroup Inc will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday.
ZAGREB (Reuters) - Holders Germany scraped a controversial 25-25 draw against Slovenia and Olympic champions Denmark suffered a shock 28-27 defeat by the Czech Republic in a pair of European handball championship classics on Monday.
DETROIT (Reuters) - Global automakers on Monday urged the Trump administration not to terminate the North American Free Trade Agreement and expressed hope the United States, Canada and Mexico can successfully conclude a modernized and improved trade pact.
DETROIT (Reuters) - Fiat Chrysler Automobiles NV's (FCA) has no intention of breaking up the company or selling individual brands to China or other parties, the company's chief executive said on Monday, adding that the group was counting on its coveted Jeep brand to drive future profits.
CALGARY, Alberta (Reuters) - Oil hovered near a three-year high above $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, although analysts warned of a "red flag" due to surging U.S. production.
DETROIT (Reuters) - Fiat Chrysler Automobiles NV's CEO has no intention of breaking up the company or selling off individual brands to China or any other parties, he said on Monday, adding the group was counting on its coveted Jeep brand to drive profit.
(Reuters) - Killer Content Inc, the movie producer that has partnered with philanthropist Abigail Disney in a consortium vying to acquire the Weinstein Company, said on Monday that a bankruptcy may be the best way forward for the U.S. film and TV studio.
SILAO, Mexico/DETROIT (Reuters) - General Motors Co's assembly plant in Silao, a city in Mexico's automotive heartland, cranked out more than 400,000 highly profitable, large pickup trucks last year, and is critical to the launch of a new generation of Chevrolet Silverado trucks later this year.
CALGARY, Alberta (Reuters) - Oil hovered near a three-year high above $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, although analysts warned of "red flags" due to surging U.S. production.
DUBAI (Reuters) - Bahrain's top court on Monday upheld a two-year prison sentence imposed last year by a lower tribunal on rights campaigner Nabeel Rajab over comments he was alleged to have made to journalists, a rights group said.
(Reuters) - Citigroup Inc will increase compensation for women and minorities to bridge pay gaps in the United States, the United Kingdom and Germany, as part of its annual pay process this year, the Wall Street bank said on Monday.
FRANKFURT, Jan 15 (Reuters) - Germany's drug assessment body has criticised a lack of data directly comparing drugs in a promising new class of cancer immunotherapy, saying physicians could be overwhelmed or misled by the available information.
LONDON (Reuters) - Leading British lenders including Barclays, the Royal Bank of Scotland and Lloyds Banking Group face the prospect of hundreds of millions of pounds in outstanding loans going unpaid from Carillion's collapse on Monday.
LONDON (Reuters) - Carillion collapsed on Monday when its banks pulled the plug, triggering Britain's biggest corporate failure in a decade and forcing the government to step in to guarantee public services from school meals to road works.
BRUSSELS (Reuters) - The European Union's trade tsar has no idea what Donald Trump will tell his audience at the World Economic Forum in Davos next week, but she is clear what the EU's message to the U.S. president will be.
FRANKFURT (Reuters) - German drugmaker Dermapharm is preparing for an initial public offering (IPO), probably stealing a march on much larger Siemens' healthcare unit Healthineers as the first stock market flotation in Germany this year.
FRANKFURT (Reuters) - Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual, borderless community, a director at Germany's central bank said on Monday.
LONDON (Reuters) - Britain's Carillion collapsed on Monday after its banks lost faith in the construction and services company, forcing the government to step in to guarantee major public works contracts.
PARIS (Reuters) - Frenetic selling in the closing weeks of 2017 saw Airbus overhaul Boeing's recent lead in the global jet market to win their annual order contest for a fifth year in a row, though doubts remain over the future of its flagship A380.
DETROIT (Reuters) - German automakers expect to continue to grow market share in the United States this year thanks to a raft of new models, even as demand in the world's second largest car market is seen falling again slightly, Germany's VDA industry lobby said.
LONDON (Reuters) - Investors struggled to find buying opportunities after the collapse of British construction and support services company Carillion on Monday, underscoring how risks have piled up for the whole industry.
HONG KONG (Reuters) - Chinese conglomerate HNA Group's [HNAIR.UL] Hong Kong International Investment unit has negotiated a six-month deadline extension for a loan linked to a land parcel in Hong Kong as its parent contends with growing debt challenges.
DETROIT, Jan 15 (Reuters) - German automakers expect to continue to grow market share in the United States this year thanks to a raft of new models, even as demand in the world's second largest car market is seen falling again slightly, Germany's VDA industry lobby said.
HONG KONG (Reuters) - Insurance market Lloyd's of London [SOLYD.UL], an integral part of the British business scene since the 17th century, is on track to start operations at its Brussels unit next January, its chief executive said on Monday.
LONDON (Reuters) - Struggling commodities trader Noble Group has completed the sale of its U.S.-focused oil business to the world's largest oil trader Vitol, but net proceeds from the deal are lower than a previously announced estimate, the company said on Monday.
JERUSALEM, Jan 15 (Reuters) - Eurocom Group, the parent company of Bezeq Israeli Telecom, has petitioned a Tel Aviv court to allow a debt settlement that would bring it a new controlling shareholder, a Eurocom subsidiary said on Monday.
BERLIN (Reuters) - A senior member of Germany's conservatives said a blueprint on forming a coalition government with the Social Democrats (SPD) would be further refined, in remarks seemingly intended to appease opponents of the deal.
LONDON (Reuters) - Oil hovered below a three-year high near $70 a barrel on Monday on signs that production cuts by OPEC and Russia are tightening supplies, but analysts warned of "red flags" due to surging U.S. production.
LONDON (Reuters) - The euro hit a fresh three-year high on Monday as optimism around growth buoys expectations of tighter policy from central banks, while the chance of a pro-European coalition in Germany also boosted confidence in the continent.
HONG KONG (Reuters) - China's second-biggest e-commerce firm JD.com has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, people with direct knowledge of the matter said.
LONDON (Reuters) - Britain's Carillion collapsed on Monday after its banks lost faith in the construction and services company, throwing hundreds of major projects into doubt and forcing the government to step in to guarantee vital public services.
SHANGHAI/SINGAPORE (Reuters) - Some airlines affiliated with China's HNA Group Co Ltd are delaying aircraft lease payments to lessors, and Export-Import Bank of China, which is a long-term financer of the group, has formed a team to handle the conglomerate's liquidity issues, several banking and leasing sources said.
SINGAPORE (Reuters) - Brent crude oil prices rose to $70 a barrel on Monday, supported by ongoing output cuts led by OPEC and Russia, and ignoring a rise in U.S. and Canadian drilling activity that points to higher future output in North America.
TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported $18 billion in a move that would accelerate the conglomerate's transformation into one of the world's biggest tech investors.
DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.
SINGAPORE (Reuters) - Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America.
SINGAPORE (Reuters) - The head of Singapore's central bank said on Monday he hoped the technologies underpinning cryptocurrencies such as blockchain would not be undermined by an eventual crash in the digital money.
SYDNEY (Reuters) - Asian shares hit historic highs on Monday after Wall Street extended its record-breaking run, while the U.S. dollar retreat continued as investors priced in the risk of tighter policies elsewhere in the developed world.
TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US$18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.
DETROIT (Reuters) - Volkswagen plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group reboots operations in the world's second-largest auto market.
SINGAPORE (Reuters) - Oil prices dipped on Monday as rising drilling activity in the United States pointed to higher future output, although output cuts led by OPEC and Russia as well as healthy demand kept crude near December 2014 highs reached last week.
TOKYO (Reuters) - SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.
SYDNEY (Reuters) - Asian shares hit historic highs on Monday as Wall Street extended its record-breaking run, while the U.S. dollar remained on the defensive as investors priced in the risk of tighter policies elsewhere in the rich world.
DETROIT (Reuters) - Volkswagen's core autos division increased vehicle sales to a new record last year, as rising demand for VW brand models in the Americas and the key Chinese market offset a decline in western Europe.
BERLIN (Reuters) - Japan's Softbank will invest 460 million euros ($561 million) in used-car dealing platform Auto1, marking the first investment in Germany by its Vision Fund, according to sources familiar with the matter.
BERLIN (Reuters) - Leading members of Germany's Social Democrats vowed on Sunday to press for improvements to a coalition blueprint they have agreed with Chancellor Angela Merkel's conservatives, seeking to win over skeptical party members who can torpedo the agreement.
FRANKFURT (Reuters) - Airbus is in talks with German prosecutors to end an investigation into the sale of Eurofighter jets to Austria in exchange for a settlement of between 70 million and 80 million euros ($85 million to $98 million), a German newspaper reported.
DETROIT (Reuters) - Ford Motor Co on Sunday will officially take the wraps off its long-awaited Ranger midsize pickup truck, a year ahead of its arrival in showrooms, as rivals consolidate positions in a segment Detroit automakers once gave up for dead.
DETROIT (Reuters) - Volkswagen will launch an all-new Jetta compact car, its biggest seller in America, at the Detroit Auto Show on Sunday as the German carmaker looks to revive sales in the world's second-largest auto market and move on from the emissions scandal that has tarnished its reputation over the past few years.
MELBOURNE (Reuters) - Bernard Tomic's slide down the ATP rankings is set to continue after he fell 6-1 6-7 (5-7) 6-4 to Italy's Lorenzo Sonego in the final round of Australian Open qualifying on Sunday.
BEIJING (Reuters) - China will step up oversight in the banking sector this year to reduce financial risks, the country's banking regulator said, stressing that long-term efforts would be needed to control banking sector chaos.
DETROIT (Reuters) - General Motors Co Chief Executive Mary Barra expressed optimism on Saturday that the North American Free Trade Agreement would survive, and other senior GM executives stood by the company's plans to continue building trucks in Mexico.
PARIS (Reuters) - Airbus said on Saturday it had been ordered to pay 104 million euros in fines over a missile sale to Taiwan in 1992, the latest French arms company to reach a settlement over disputes arising from one of France's biggest ever arms sales.
PARIS (Reuters) - Airbus said on Saturday it was in talks with Munich prosecutors that could lead to the termination of their investigation into alleged corruption in the sale of Eurofighter combat jets to Austria in 2003.
(Reuters) - A California man accused of making a hoax call that led police in Kansas to kill an unarmed man was in a Wichita jail on Saturday after his first court appearance in the "swatting" case, local media reported.
DETROIT (Reuters) - General Motors Co on Saturday will fire a new round in the battle for profits from one of the U.S. auto industry's most lucrative segments when it shows a new generation of its Chevrolet Silverado pickup truck at Detroit's auto show.
BERLIN (Reuters) - Left-wing German Social Democrats lobbied party members on Saturday against joining Chancellor Angela Merkel's conservatives in a re-run of their 2013-2017 alliance, a week before delegates are asked to back a coalition blueprint.
PARIS (Reuters) - Air France on Saturday denied that it had made an offer to buy the struggling airline Alitalia, a day after an Italian government minister said the French flag carrier had made a joint bid with budget airline EasyJet .
(Reuters) - Wall Street continued its rally on Friday with record closing highs as the fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth.
JAKARTA (Reuters) - Indonesia's central bank has issued a fresh warning about trading in cryptocurrencies like bitcoin because of the risk of losses to the public and even a potential threat to the stability of the financial system.
DUESSELDORF (Reuters) - Deutsche Bank's chief executive expects to move far fewer than 4,000 jobs to Frankfurt following Britain's departure from the European Union, he told Swiss daily Neue Zuercher Zeitung.
LOS ANGELES (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg and Twitter Inc Chief Executive Jack Dorsey will not seek re-election to Walt Disney Co's board because of conflicts of interest between the media giant and the technology companies, Disney said on Friday.
DETROIT (Reuters) - Ford Motor Co said on Friday it will offer automatic emergency braking on more than half its U.S. models in 2019, and that it is on track to equip all U.S. models with the device by 2022.
(Reuters) - Volkswagen AG has agreed to a settlement worth up to $232 million (C$290.5) with owners of vehicles in Canada affected by its diesel emissions-cheating scandal, the automaker said on Friday.
(Reuters) - Viacom Inc and CBS Corp are not in active merger discussions, although controlling shareholder Shari Redstone has had exploratory conversations with CBS directors about recombining the companies, two sources familiar with the situation told Reuters on Friday.
WASHINGTON (Reuters) - Four U.S. House Republicans, including the chairman of the Energy and Commerce Committee, on Friday wrote Apple Inc chief executive Tim Cook asking him to answer questions about its disclosure that it slowed older iPhones with flagging batteries.
(Reuters) - The U.S. money-transfer company MoneyGram International Inc confirmed on Friday that it had opened an office in Brussels and National Bank of Belgium had granted it license as a payment provider.
(Reuters) - A federal appeals court on Friday rejected efforts by animal rights advocates to force the Miami Seaquarium in Florida to release Lolita, a killer whale it has held in captivity for nearly half a century.
WASHINGTON (Reuters) - The U.S. Supreme Court on Friday agreed to decide whether to expand the ability of states to require online retailers to collect sales tax, taking up South Dakota's dispute with three e-commerce companies.
NEW YORK, Jan 12 (Reuters) - A U.S. appeals court said a shareholder lawsuit accusing Goldman Sachs Group Inc of fraudulently claiming to put client interests before its own when creating risky subprime securities before the financial crisis, including a collateralized debt obligation known as Abacus, cannot proceed as a class action.
WASHINGTON (Reuters) - The U.S. Supreme Court on Friday agreed to hear a bid by Texas to revive Republican-drawn electoral districts for state legislative and U.S. congressional seats that were thrown out by a lower court for diminishing black and Hispanic voters' clout.
Jan 12 (Reuters) - The U.S. Supreme Court on Friday agreed to review a bid by Schlumberger NV, the world's largest oilfield services provider, to allow companies to recoup profits lost due to patent infringement when patented technology is used overseas.
WASHINGTON, Jan 12 (Reuters) - The U.S. Supreme Court on Friday agreed to decide whether to expand the ability of states to require online retailers to collect sales tax, taking up South Dakota's dispute with three e-commerce companies.
WASHINGTON (Reuters) - An official who hopes to lead the Consumer Financial Protection Bureau on Friday took her fight to a U.S. appeals court, urging it to oust President Donald Trump's pick for the...
WASHINGTON (Reuters) - U.S. Special Counsel in the Russia probe Robert Mueller will request a trial date of May 14 for Trump's former campaign manager Paul Manafort and Manafort's associate Richard Gates, Mueller said in a court filing in U.S. District Court for the District of Columbia Friday.
NEW YORK (Reuters) - U.S. airlines in November had their highest on-time arrival rates in eight years, the U.S. Department of Transportation said on Friday, setting another watermark in a record-breaking year for safety and performance.
(Reuters) - The U.S. Trade Representative put Alibaba's Taobao on its blacklist for the second year in a row over suspected counterfeits sold on the shopping platform, a move the Chinese e-commerce giant said did not reflect its IP-protection efforts.
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Friday he believed the Republican tax cuts will ultimately become revenue neutral over 10 years due to higher growth, but the Treasury will likely ask Congress for more money to implement the plan.
NEW YORK (Reuters) - A U.S. appeals court said a shareholder lawsuit accusing Goldman Sachs Group Inc of fraudulently claiming to put client interests before its own when creating risky subprime securities before the financial crisis, including a collateralized debt obligation known as Abacus, cannot proceed as a class action.
(Reuters) - Wall Street rose to record highs on Friday as fourth-quarter earnings season kicked off with solid results from JPMorgan and BlackRock and robust retail sales drove gains for consumer stocks.
NEW YORK (Reuters) - Wells Fargo & Co is not certain it has fully uncovered and fixed all problems related to a long-running sales scandal that has hurt the bank's reputation and sideswiped its efforts to cut costs, Chief Executive Tim Sloan said on Friday.
WASHINGTON (Reuters) - Underlying U.S. consumer prices recorded their largest increase in 11 months in December on strong gains in the cost of rental accommodation and healthcare, bolstering expectations that inflation will accelerate this year.
FRANKFURT (Reuters) - German residential property developer Instone Real Estate is targeting a flotation on the Frankfurt stock exchange in March, adding to a growing pipeline of spring listings in...
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said Friday it has opened a preliminary investigation into whether seat belts on new 2018 Volkswagen Tiguan sport utility vehicles could fail during a crash.
ISTANBUL (Reuters) - The head of Turkey's pro-Kurdish opposition on Friday made his first public appearance since his arrest 14 months ago, standing before an Istanbul court on charges of insulting President Tayyip Erdogan.
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Friday that he believes the Republican tax cuts will ultimately become revenue neutral over 10 years due to higher growth, but the Treasury will likely ask Congress for more money to implement the plan.
DUBLIN (Reuters) - The Bank of Canada will get the first crack in the coming week at demonstrating whether, as many expect, monetary policy among the world's major economies is set to tighten more in 2018 than in any year since the crisis.
WASHINGTON (Reuters) - Underlying U.S. consumer prices recorded their largest increase in 11 months in December amid strong gains in the cost of rental accommodation and healthcare, bolstering expectations that inflation will accelerate this year.
(Reuters) - Wells Fargo & Co set aside $3.25 billion in the fourth quarter to cover legal expenses related to probes into its mortgage and sales practices, but its 2018 cost outlook met analyst expectations as the bank tries to rebound from the scandal in its consumer banking business.
(Reuters) - JPMorgan Chase & Co beat Wall Street's fourth-quarter earnings expectations on Friday and said tax law changes will help future profits by not only reducing the amount it pays the federal government but also by stimulating more business.
LONDON, Ontario (Reuters) - Canada welcomes the suggestion by U.S. President Donald Trump that the deadline for concluding talks to modernize NAFTA could be extended beyond the end of March, Foreign Minister Chrystia Freeland told reporters on Friday.
WASHINGTON (Reuters) - U.S. retail sales increased in December as households bought a range of goods and figures for the prior month were revised higher, suggesting the economy exited 2017 with strong momentum.
(Reuters) - Shares of Facebook Inc fell 4 percent on Friday after Chief Executive Mark Zuckerberg announced changes to the platform's centerpiece News Feed that he said would hit user engagement in the near term.
HONG KONG (Reuters) - Having seen a court disqualify her friend from holding a seat in Hong Kong's legislature, 21-year-old Agnes Chow stands ready to step into the breach by contesting his seat for a pro-democracy movement that has provoked China's wrath.
LONDON/PARIS/BEIJING (Reuters) - China's COFCO International is in the throes of a staffing upheaval as the group pursues its professed ambition of sitting at the top table of global agricultural traders.
BEIJING (Reuters) - Some Chinese users of Apple Inc's products who have created Apple IDs overseas to circumvent a new law that requires their personal data to be stored within China say they have been warned by the tech giant that they risk losing the data.
LONDON (Reuters) - World stocks scaled fresh peaks on Friday while the euro hit a three-year high and Bund yields rose as progress on forming a German government gave fresh impetus to a bond market sell-off triggered by signs the ECB may accelerate an end to its stimulus.
SHANGHAI (Reuters) - China's aviation authority on Friday demanded an apology from Delta Air Lines for listing Taiwan and Tibet as countries on its website, while another government agency took aim at Inditex-owned fashion brand Zara and medical device maker Medtronic Plc for similar issues.
BERLIN (Reuters) - Chancellor Angela Merkel struck a deal with Social Democrat (SPD) rivals on Friday to open government coalition talks, easing months of uncertainty that has undermined Germany's global role and raised questions about her political future.
BERLIN (Reuters) - BMW reported record sales last year on strong demand for its sport-utility vehicles and the overhauled 1-Series compact but was outsold by Mercedes-Benz, keeping the order in the three-way German luxury sales race unchanged.
SHANGHAI (Reuters) - Delta Air Lines apologized on Friday and said it recognized the seriousness of the issue after it was criticized by the Chinese aviation regulator for listing Taiwan and Tibet as countries on its website.