SEOUL (Reuters) - Hyundai Motor aims to sell 4.68 million vehicles globally in 2018, the South Korean automaker said on Tuesday. [Source]
As the midterm election year begins, a new CNN poll conducted by SSRS finds the Democratic advantage on a generic congressional ballot has tightened to a narrow 5 points among registered voters, but those voters who say they are most enthusiastic about turning out to vote this fall favor Democrats by a wide 15-point margin.
FRANKFURT (Reuters) - Germany's KBA automotive watchdog has detected illicit emission-control software in Audi's latest Euro-6 diesel models and has ordered a recall of 127,000 vehicles, Bild am Sonntag reported.
FRANKFURT (Reuters) - Germany's KBA automotive watchdog has detected illicit emission-control software in Audi's latest Euro-6 diesel models and has ordered a recall of 127,000 vehicles, Bild am Sonntag reported.
MUSCAT (Reuters) - Saudi Arabia's energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018, but said this might mean a new form of deal rather than continuing the same supply cuts that have boosted prices in recent months.
(Reuters) - Social Finance Inc (SoFi) is in discussions with Anthony Noto, a top Twitter Inc executive, to become the online lender's chief executive, the Wall Street Journal reported on Saturday, citing sources.
CHICAGO/CALGARY, Alberta (Reuters) - Top U.S. grain merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , according to a person familiar with the approach, which could set up a bidding war with Swiss-based rival Glencore Plc .
HONG KONG (Reuters) - Chinese conglomerate Dalian Wanda Group said on Saturday its revenue dropped for a second consecutive year, by 10.8 percent in 2017, as the group sold off property assets and faced increasing scrutiny from regulators and lenders.
(Reuters) - Greg Abel, considered by many investors the top contender to succeed Warren Buffett as Berkshire Hathaway Inc's chief executive officer, on Friday reported owning about $2.1 million of the conglomerate's stock.
CHICAGO/CALGARY, Alberta (Reuters) - Top U.S. grains merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc .
HOUSTON (Reuters) - U.S. oilfield service companies exposed to Venezuela face new hits to earnings from the South American nation's ongoing economic turmoil and U.S. sanctions on the country and state-run oil company PDVSA.
(Reuters) - McDonald's Corp and a U.S. labor board are in talks to settle a case claiming the fast food company is liable for purported labor law violations by its franchisees, leading a judge on Friday to pause a trial that began in 2015.
(Reuters) - Agricultural processing and trading company Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore Plc in an industry moving toward consolidation.
(Reuters) - The U.S. Federal Trade Commission has made a second request for information on chipmaker Broadcom Ltd's $103 billion hostile bid for Qualcomm Inc , Broadcom said in a statement on Friday, a move that could indicate heightened antitrust scrutiny.
WASHINGTON (Reuters) - Seven & i Holdings Co Ltd , the Tokyo-based parent company of the 7-Eleven network of stores, agreed to sell and divest some fuel outlets in its proposed $3.3 billion acquisition of 1,100 Sunoco LP outlets, the U.S. Federal Trade Commission said Friday.
WASHINGTON (Reuters) - AT&T , owner of DirecTV, is asking for documents from a long list of companies as part of preparation for a trial to determine if they will be allowed to buy movie and TV show maker Time Warner , their lawyer Daniel Petrocelli said in a pre-trial hearing on Friday.
(Reuters) - Agricultural trader Archer Daniels Midland Co made a takeover approach to rival Bunge Ltd , the Wall Street Journal reported on Friday, citing people familiar with the matter. http://on.wsj.com/2mSY8L0
NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, sending the stock to its biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.
WASHINGTON (Reuters) - A top bank regulator at the U.S. Federal Reserve is planning several imminent changes that Wall Street has wanted involving capital rules, proprietary trading and a process known as "living wills" that aims to prevent taxpayer bailouts.
(Reuters) - Delaware on Friday became the latest state to file a lawsuit accusing corporations of helping fuel the national opioid epidemic, suing a wide range of companies involved in making, distributing and selling prescription painkillers.
(Reuters) - The U.S. Federal Trade Commission is set to make a second request for information on chipmaker Broadcom Ltd's $103 billion hostile bid for Qualcomm Inc , people familiar with the matter said on Friday, indicating heightened antitrust scrutiny.
WASHINGTON (Reuters) - U.S. financial regulators have begun work on a proposal to "streamline" the Volcker Rule banning banks from making risky bets with their own money, the country's top banking regulator said on Friday, in a development that will be cheered by banks that have long complained the rule is too onerous.
(Reuters) - Nike Inc's shares surged to a two-year high on Friday after two Wall Street brokerages said the footwear maker's profitability would soon reap the benefits of its recent move to sell directly to consumers.
WASHINGTON (Reuters) - U.S. financial regulators have begun work to "streamline" the Volcker Rule banning banks from making risky bets with their own money, the country's top banking regulator said on Friday.
NEW YORK (Reuters) - General Electric shares tumbled for a fifth straight session on Friday, flirting with their biggest weekly percentage drop since the financial crisis, after the company flagged a possible breakup and more than $11 billion in charges earlier in the week.
NEW YORK (Reuters) - Fitch Ratings said on Friday its top AAA debt rating for the United States would not be directly impacted by a possible federal shutdown, which will begin on Saturday if lawmakers fail to clinch a deal to fund the government.
HOUSTON Jan 19 (Reuters) - Schlumberger on Friday posted a fourth quarter loss on charges but beat Wall Street forecasts and offered an upbeat outlook that included the first growth in its struggling international operations in four years.
(Reuters) - Home improvement chain Lowe's Cos Inc said it has nominated two independent board members and plans to add a third following "constructive" talks with hedge fund D.E. Shaw Group, which has taken an activist stake, sending shares up 3 percent on Friday.
HOUSTON Jan 19 (Reuters) - Schlumberger on Friday posted a large fourth quarter loss on charges but beat Wall Street forecasts and offered an upbeat outlook that included the first growth in its struggling international operations in four years.
WASHINGTON (Reuters) - President Donald Trump's effort to put coal miners back to work stumbled in most coal producing states last year, even as overall employment in the downtrodden sector grew modestly, according to preliminary government data obtained by Reuters.
(Reuters) - U.S. stocks opened higher on Friday, putting the major indexes on track for three straight weeks of gains as hopes of a strong earnings season overshadowed fears of a potential U.S. government shutdown.
BRIEF-Orexigen Therapeutics Says â€Expect Annualized Savings Associated With Feb 2018 Reduction In Sales Force Of About $30 Mlnâ€‹
* OREXIGEN THERAPEUTICS SAYS â€EXPECT ANNUALIZED SAVINGS ASSOCIATED WITH FEB 2018 REDUCTION IN SALES FORCE OF ABOUT $30 MILLIONâ€‹ - SEC FILING Source text: (http://bit.ly/2Bg6XUc) Further company coverage:
LONDON/BALMEDIE, Scotland (Reuters) - In Balmedie, a village on the northeast coast of Scotland, an unfinished 12 km stretch of dual carriageway is a stark illustration of why British construction company Carillion went bust this week.
BENGALURU/SAO PAULO (Reuters) - The North American Free Trade Agreement will probably be renegotiated successfully with only marginal changes, said a large majority of economists in a Reuters poll, despite the Trump administration's saber-rattling.
GENEVA (Reuters) - About half the 2.6 million people displaced in Iraq after a three-year war with Islamic State militants are children and persisting violence hampers efforts to ease their suffering, the United Nations said on Friday.
NEW YORK (Reuters) - Delta Air Lines is tightening the requirements for passengers traveling with onboard service and emotional support animals, the carrier said on Friday, following a sharp uptick in animal-related safety issues over the last several years.
(Reuters) - U.S. stock futures pointed to a record open for the benchmark S&P 500 index on Friday as investors bet on strong corporate earnings, while playing down fears of a potential U.S. government shutdown.
(Reuters) - Lowe's Cos Inc said on Friday it added two board members, a week after reports that hedge fund D.E. Shaw & Co had built an active stake in the home improvement chain, sending its shares up 2 percent.
LONDON (Reuters) - The dollar wallowed near three-year lows on Friday as heightened fears of a U.S. government shutdown unnerved investors, while U.S. Treasury yields continued an upward march to hit their highest levels since September 2014.
WASHINGTON (Reuters) - Nearly two-thirds of U.S. coal producing states lost coal mining jobs in 2017, even as overall employment in the downtrodden sector grew modestly, according to preliminary government data obtained by Reuters.
TOKYO (Reuters) - Japan and the United States next week will start to discuss a framework of negotiations with the aim of concluding a trade pact and fixing bilateral trade imbalances, Japanese public broadcaster NHK quoted the U.S. ambassador to Japan as saying.
PARIS (Reuters) - Airbus Chief Operating Officer Fabrice Bregier said on Friday that Emirates' latest order for up to 36 A380 aircraft worth $16 billion at list price would allow the European planemaker to maintain a minimum production level of the superjumbo.
TOKYO (Reuters) - Asia stocks shook off losses on Wall Street and edged up to record highs on Friday following China's announcement of faster-than-expected fourth quarter growth, while worries over a possible U.S. government shutdown weighed on the dollar.
(Reuters) - The U.S. securities regulator on Thursday raised alarm about the safety of bitcoin-themed investments, telling the fund industry they want answers to their concerns before endorsing more than a dozen proposed products based on cryptocurrencies.
SEOUL (Reuters) - A South Korean consumer group has filed a criminal complaint against Apple Inc CEO Tim Cook over slower iPhone devices, after probes in Europe into allegations the firm had deliberately shortened the life of its handsets.
NEW YORK (Reuters) - The U.S. government will not approve any investment by HNA Group until the Chinese conglomerate, which has been scrutinized around the world over its ownership structure, provides adequate information on who its shareholders are, a source familiar with the situation said.
(Reuters) - The U.S. Securities and Exchange Commission (SEC) has questioned the prospects of bitcoin exchange-traded funds saying there are a significant number of investor protection issues about cryptocurrencies and related products that need to be examined.
WASHINGTON (Reuters) - The U.S. government and MetLife announced on Thursday they would jointly be seeking to dismiss an appeal over whether the insurance company should face stricter oversight as a key part of the financial system.
(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters, beating analysts' estimates, but the company warned that a higher tax rate this year would eat into its profit.
TOKYO (Reuters) - Asia stocks edged higher on Friday and were within reach of record highs, although losses on Wall Street slowed the advance, while worries over a possible U.S. government shutdown weighed on the dollar.
SAN FRANCISCO (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc [UBER.UL] on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.
LONDON (Reuters) - A focus on fewer diseases, together with cuts in laboratories and staff, has delivered a more than fourfold increase in research productivity at drugmaker AstraZeneca , based on one key measure of success. The analysis published on Friday comes at a time of soul-searching among large pharmaceutical companies as they compete with smaller biotech firms, which are getting new drugs to market more efficiently. The turnaround evident this decade at AstraZeneca fo
WASHINGTON (Reuters) - The United States will not provide $45 million in food aid for Palestinians that it pledged last month as part of the West Bank/Gaza Emergency Appeal led by the U.N. Relief and Works Agency (UNRWA), the U.S. State Department said on Thursday.
(Reuters) - Credit card issuer American Express Co posted its first quarterly loss in 26 years and said it would not buy back shares for the next six months, both due to the impact of the recently enacted U.S. tax reform.
(Reuters) - A recruitment drive by Australia's Qantas Airways Ltd after a seven-year hiatus is exacerbating shortages of pilots at regional air services that provide a lifeline to remote communities in the country's sparsely populated Outback.
(Reuters) - International Business Machines Corp's revenue rose for the first time in 23 quarters and beat analysts' estimates as the company's shift into its focus areas such as cloud computing and security services gains traction.
(Reuters) - HSBC Holdings Plc on Thursday agreed to pay $101.5 million to settle a U.S. criminal probe into the rigging of currency transactions, which has already led the conviction of one of its former bankers.
WASHINGTON (Reuters) - Two senators asked the U.S. Transportation Department on Thursday to explain why a "do not drive" directive issued last week by Ford Motor Co is limited to about 2,900 older pickup trucks and if other vehicles are potentially at risk from defective airbag inflators.
(Reuters) - Apple Inc said on Thursday that it will not hold a bidding process when it chooses the site for a planned new U.S. campus, marking a stark difference from the public contest that Amazon.com Inc has held for its second headquarters.
(Reuters) - Credit card issuer American Express Co posted its first quarterly loss in 26 years and said it would not buy back shares for the next six months, both due to the impact of the recently enacted U.S. tax overhaul.
NEW YORK (Reuters) - A federal bankruptcy judge on Thursday said a settlement agreement that would require General Motors Co to pay $1 billion in stock to car owners suing the company over faulty ignition switches was not enforceable.
BRASILIA (Reuters) - Boeing Co is working to overcome the Brazilian military's objections to its proposed tie-up with Embraer SA with alternatives that would preserve the government's strategic veto rights and ensure safeguards for its defense programs, four people familiar with the matter told Reuters.
SAO PAULO (Reuters) - Brazilian prosecutors asked on Thursday that the local unit of Bank of New York Mellon Corp return 8.2 billion reais ($2.56 billion) to local pension fund Postalis, according to a statement.
TORONTO (Reuters) - Canadian Imperial Bank of Commerce is targeting a valuation of 10 times earnings for the potential listing of its FirstCaribbean business in New York, which would give it a market value of around $1.4 billion, five sources familiar with the matter told Reuters over the past week.
LONDON (Reuters) - Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by the country's former oil minister.
(Reuters) - Hedge fund investor Carl Icahn called on Thursday for the termination or renegotiation of Xerox Corp's long-running joint venture with Fujifilm Holdings reiterating demands for a change of leadership at Xerox.
* JACKSONVILLE- IF MERGER AGREEMENT WITH CNB BANK SHARES TERMINATED UNDER CERTAIN CIRCUMSTANCES,CO OR CNB TO PAY FEE OF $2.25 MILLION TO THE OTHER-SEC FILING Source text : [http://bit.ly/2mTSDMO] Further company coverage:
* ZK INTERNATIONAL GROUP CO., LTD. ANNOUNCES $1.2 MILLION CONTRACT WITH THE XINGRONG GROUP, ONE OF CHINA'S LARGEST WATER SUPPLY AND TREATMENT COMPANIES Source text for Eikon: Further company coverage:
LONDON (Reuters) - Nestle proposed three new independent directors to its board on Thursday, as the world's largest food company seeks to accelerate its transformation into a health-conscious company.
WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, likely as unseasonably cold weather at the end of the month disrupted the construction of single-family housing units.
LOMBARD, Ill. (Reuters) - Norfolk Southern Corp is working toward a "more stable, resilient" network for 2018 following service issues in recent months, the No. 4 U.S. railroad's top executive said on Thursday.
AUSTIN, Texas (Reuters) - In the first U.S. execution of 2018, Texas was set on Thursday to put to death a man convicted of raping and murdering five girls and young women, using a tourniquet to torture and strangle his victims.
SAN FRANCISCO (Reuters) - Messaging application WhatsApp said on Thursday that it would begin allowing business accounts for the first time, a step that brings the free service closer to a plan that would make money for its corporate parent, Facebook Inc .
BRUSSELS (Reuters) - Apple's announcement that it will pay $38 billion in U.S. tax on its overseas cash will not reduce the $16 billion tax bill the company owes Ireland following a European Union ruling, the EU's executive said on Thursday.
(Reuters) - U.S. tech startup Reedeux Media said it plans to list on the Nasdaq exchange later this year, seeking a valuation of up to $1 billion after selling out the first tranche of its media cryptocurrency coin offering on Thursday.
(Reuters) - Morgan Stanley's adjusted quarterly profit topped Wall Street estimates on Thursday as strength in underwriting and wealth management offset a sharp but expected decline in bond trading revenue.
BRUSSELS (Reuters) - EU antitrust regulators have approved U.S. smartphone chipmaker Qualcomm's planned $38 billion acquisition of NXP Semiconductors subject to a series of commitments Qualcomm has made.
WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two months of hefty gains.
For the last few years, the watch industry has witnessed the resurgence of vintage-inspired watches and more affordable timepieces. However, at this year's Salon International de la Haute Horlogerie GenÃ¨ve (SIHH), the impressive selection of technologically advanced offerings suggest that the appetite for innovation -- and the high prices it commands -- has not disappeared completely.
WASHINGTON, Jan 18 (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two months of hefty gains.
WASHINGTON, Jan 18 (Reuters) - The number of Americans filing for unemployment benefits fell more than expected last week to the lowest level in 45 years, but the decline likely overstated the health of the labor market as data for several states were estimated.
(Reuters) - Morgan Stanley's quarterly profit dropped almost 60 percent on a provision related to the new U.S. tax law, but adjusted profit beat analyst expectations as strength in wealth management offset a drop in trading revenue.
(Reuters) - Bullish global economic signals and gains for Morgan Stanley drove a rise in U.S. stock futures on Thursday, a day after the Dow extended a new year rally to close above 26,000 for the first time.
(Reuters) - Morgan Stanley's quarterly profit dropped almost 60 percent on a provision related to the new U.S. tax law, but adjusted profit beat analyst expectations as strength in wealth management helped offset a drop in trading revenue.
BRIEF-Interdigital Says Expect One-Time Charge Of About $40 Million To $55 Million in Q4 2017 Related To Revaluation Of Deferred Tax Assets & Liabilities
* INTERDIGITAL SAYS EXPECT RECORDING IN Q4 2017 ONE-TIME CHARGE OF ABOUT $40 MILLION TO $55 MILLION RELATED TO REVALUATION OF DEFERRED TAX ASSETS & LIABILITIES Source text: (http://bit.ly/2FQgdSw) Further company coverage:
DETROIT (Reuters) - Japanese luxury auto brands Lexus and Infiniti are using the Detroit auto show to test new ways to regain momentum against Germany's prestige automakers and Silicon Valley's Tesla Inc .
NEW YORK (Reuters) - Goldman Sachs Group Inc has led a $38 million investment round by large banks in Visible Alpha, a young New York-based company that helps investment managers better value the equity research services they receive from brokers.
LONDON (Reuters) - Strong Chinese data on Thursday kept world stocks hovering near record highs, as bond markets pushed U.S. Treasury yields - the benchmark for global borrowing costs - to a 10-month high.
TOKYO (Reuters) - Asian stocks struck record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as comments by European Central Bank officials tempered the euro's recent rally.
SEOUL/HONG KONG (Reuters) - Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.
HONG KONG (Reuters) - Police in the world's largest gambling hub of Macau are hunting for a dealer suspected of stealing HK$48 million ($6 million) worth of casino chips from Wynn Macau, authorities in the Chinese-controlled territory said on Thursday.
DETROIT (Reuters) - Peugeot SA Chief Executive Carlos Tavares said on Wednesday the French automaker is using the know-how of former Opel engineers acquired from General Motors Co to develop vehicles to re-enter the U.S. market, and said Peugeot will offer electrification as an option on all its vehicles by 2025.
(Reuters) - Data center computers with Intel Corp's newer chips might reboot more often than normal because of problems with the patches issued to fix the so-called Spectre and Meltdown security flaws, the company said on Wednesday.
LOS ANGELES/WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday he would announce a decision soon on whether to slap tariffs on imported solar panels, and quipped that when countries dump subsidized panels in the United States, â€œEverybody goes out of business.â€
TOKYO (Reuters) - Asian stocks were near record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as the euro's recent rally lost steam.
NEW DELHI/TOKYO (Reuters) - Japanese steel and engineering companies are in the driver's seat to bag major supply contracts for a $17 billion Indian bullet train, several sources said, undermining a key component of Prime Minister Narendra Modi's economic policy - a push to 'Make in India'.
BRASILIA, Jan 17 (Reuters) - JBS SA, the world's largest meatpacker, has agreed to sell its Five Rivers cattle feedlots in the United States to affiliates of Pinnacle Asset Management LP for about $200 million, the company said in a securities filing on Wednesday. The acquirer of JBS Five Rivers Cattle Feeding LLC will sign long term contracts to supply cattle to JBS' meatpacking units in the United States, the filing added. JBS said the proceeds will be used to reduce its debt. (Reporting by An
NEW YORK (Reuters) - Verizon Communications Inc said on Wednesday the tax overhaul bill signed into law by U.S. President Donald Trump late last year will result in a one-time reduction in net deferred income tax liabilities of about $16.8 billion.
(Reuters) - Aluminum producer Alcoa Corp's profit and revenue both missed market estimates for the fourth quarter as a drought in Brazil hit bauxite production and higher power prices in Spain boosted expenses, the company said on Wednesday.
BOSTON (Reuters) - A self-proclaimed psychic was sentenced on Wednesday to 26 months in prison after admitting that she tried to avoid paying taxes on over $3.5 million that she received from an elderly Massachusetts woman seeking to cleanse herself of demons.
WASHINGTON (Reuters) - The U.S. Federal Reserve Board said on Wednesday it had fined Taiwan's Mega International Commercial Bank Co. $29 million for anti-money laundering violations and required the company to improve its anti-money laundering oversight and controls.
(Reuters) - Apple Inc will open a new campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.
(Reuters) - Apple Inc told its employees on Wednesday that the iPhone maker is issuing a bonus of $2,500 worth of restricted stock units following the new U.S. tax reform, Bloomberg reported, citing people familiar with the matter.
HARRISBURG, Pa. (Reuters) - Pennsylvania Supreme Court justices on Wednesday grilled a lawyer who defended the way state congressional districts are apportioned, a design opponents have challenged as illegally skewed to benefit Republicans who hold 13 of its 18 seats in the U.S. House of Representatives.
TORONTO, Jan 17 (Reuters) - Home Capital Group Inc, Canada's biggest alternative lender, said on Wednesday it had received a statement of claim from short seller Marc Cohodes, who is seeking C$4 million ($3.2 million) in damages.
WASHINGTON (Reuters) - President Donald Trump said on Wednesday the United States was considering a big "fine" as part of a probe into China's alleged theft of intellectual property, the clearest indication yet that his administration will take retaliatory trade action against China.
LONDON/TOKYO (Reuters) - Bitcoin fell as much as 20 percent on Wednesday, piercing below $10,000, while other cryptocurrencies took similar spills due to investor fears that regulators could clamp down on them in an effort to curb speculation.
(Reuters) - Apple Inc will open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.
(Reuters) - Major Xerox Corp shareholder Darwin Deason has urged the photocopier pioneer to make public its joint venture agreement with Japan's Fujifilm Holdings Corp , saying U.S. securities laws require it should do so.
SAN FRANCISCO (Reuters) - C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel that helps companies collect and analyze data, has raised another $100 million in a new funding backed by TPG Growth, the company said on Wednesday.
(Reuters) - The Federal Trade Commission (FTC) is investigating whether chipmaker BroadcomÂ Ltd engaged in anticompetitive tactics in negotiations with customers,Â according to a person familiar with the matter.
LONDON (Reuters) - Royal Bank of Scotland staff helping small firms to restructure debt during the financial crisis were given a list of ways to squeeze more money from struggling clients and told to "Just Hit Budget!", a memo released on Wednesday showed.
(Reuters) - Apple Inc on Wednesday said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan.
LONDON (Reuters) - Activist investor Sachem Head has asked Whitbread to consider a break up of its Costa Coffee chain from its hotels and restaurant businesses, two people familiar with the matter told Reuters.
PARIS (Reuters) - Renault-Nissan is to pursue plans to create separate strategy and operations leadership roles, Renault CEO Carlos Ghosn said on Wednesday in a sign he may pull back as boss of the French carmaker.
(Reuters) - The Federal Trade Commission (FTC) is investigating whether chipmaker BroadcomÂ Ltd engaged in anticompetitive tactics in negotiations with customers,Â the Wall Street Journal reported, citing peopleÂ familiarÂ with the matter.
NEW YORK (Reuters) - A former personal assistant to Goldman Sachs Group Inc Co-Chief Operating Officer David Solomon has been charged with stealing hundreds of bottles of wine worth more than $1.2 million from his former boss.
FRANKFURT (Reuters) - German discount food retailer Lidl is slowing its U.S. expansion and switching focus from big-box stores to smaller formats, the Handelsblatt business daily reported, citing local real estate and political sources.
(Reuters) - Shares of General Electric Co continued its slide on Wednesday and wiped out all its gains in 2018, a day after the U.S. industrial conglomerate announced more than $11 billion in charges and hinted about a potential breakup.
LONDON (Reuters) - Rolls-Royce is considering the sale of its loss-making commercial marine business in another shake-up by Chief Executive Warren East that will streamline its activities into civil aerospace, defense and power system units.
MANTES-LA-VILLE, France (Reuters) - Its saxophones are played by the most famous jazzmen around the world and have even been sent into space, but growing competition from China pushed the French family company Henri Selmer Paris to sell a majority stake to an investment fund.
WASHINGTON (Reuters) - U.S. industrial production increased more than expected in December as unseasonably cold weather at the end of the month boosted demand for heating, but manufacturing output barely rose, pointing to moderate growth in the industrial sector.
NEW YORK (Reuters) - Unions and groups advocating for retirees, teachers, housing, and workers' benefits are among those visiting the ornate conference rooms of the Federal Reserve Bank of New York to lobby for a less conventional candidate to serve as its next president.
LONDON (Reuters) - The banks that will advise and execute Saudi Aramco's stock market listing are expected to share a tiny proportion of the $100 billion Riyadh hopes to raise in its initial public offering, according to banking sources and industry insiders.