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Shares in the red as nervous markets await Fed

SYDNEY (Reuters) - Asian share markets slipped into the red on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest rates and perhaps signal that as many as three more lie in store for the rest of the year.


Hyundai Motor shares tumble following U.S. probe of air bag failures

SEOUL (Reuters) - Shares of Hyundai Motor slid on Monday after a U.S. regulator said it had opened a probe into why some air bags failed to deploy in Hyundai and Kia vehicles following crashes that reportedly killed four people and left six injured.

United States International Relations

Op-Ed Columnist: Trump: The Un-American President

He has damaged the American brand.


CACI seeks to break up General Dynamics' acquisition of CSRA

(Reuters) - U.S. defense contractor CACI International Inc said on Sunday it had offered to merge with larger peer CSRA Inc, seeking to disrupt the latter's $6.8 billion acquisition by General Dynamics Corp.


Forty-five U.S. trade groups urge Trump to avoid tariffs against China

WASHINGTON (Reuters) - Forty-five U.S. trade associations representing some of the largest companies in the country are urging President Donald Trump not to impose tariffs on China, warning it would be "particularly harmful" to the U.S. economy and consumers.


Disputes with temporary workers add to GM Korea's challenges

BUPYEONG, South Korea (Reuters) - Having lost his temporary job as a mechanist at GM Korea twice in the past eight years, Shin Hyun-chang was eagerly awaiting a court ruling last month on whether the automaker would be forced to recognize him as a full-time employee.

Kidnapping and Hostages

‘We Are Here for Your Students’: Boko Haram Abduction of More Girls Pressures Nigeria’s President

The attack on the Dapchi school, in which gunmen gathered up 110 girls, has left parents asking how the government could let a mass kidnapping happen, again.


Putin says 'nonsense' to think Russia would poison spy in Britain

MOSCOW (Reuters) - Russian President Vladimir Putin said on Sunday it was nonsense to think that Moscow would have poisoned former Russian spy Sergei Skripal and his daughter, who are critically ill in a British hospital.


Top executive resigns from Cohen's Point72 after lawsuit, fundraising

(Reuters) - Douglas Haynes has resigned as president of Point72 Asset Management LP, a spokeswoman for billionaire Steven Cohen's investment firm said on Sunday, as the company and Haynes face a lawsuit claiming women are subject to a hostile working environment.


Burundi to hold referendum on extending presidential terms in May

NAIROBI (Reuters) - Burundi's President Pierre Nkurunziza on Sunday set May 17 as the date for a referendum that could extend his rule for at least a decade.


U.S. tariffs, China trade tensions overshadow G20 finance meeting

Buenos Aires (Reuters) - Worries about the potential for a U.S.-China trade war and frustration over U.S. President Donald Trump's steel and aluminum tariffs threatened to dominate a gathering of finance leaders this week amid strengthening growth.


Mexico leftist says he would try to halt energy auctions if president-elect

MEXICO CITY, March 18 (Reuters) - Mexico's leftist presidential front-runner said on Sunday that if he wins the July election, he will ask President Enrique Pena Nieto to stop at least two energy auctions scheduled to take place before the new president takes office.

Opinion: Trump's 'great day for democracy' smacks of dictatorship

If the firing of former FBI deputy director Andrew McCabe on Friday night felt like something you'd see in a third-world dictatorship, you aren't alone.


Peru president says he used offshore firm to legally avoid U.S. taxes: audio

LIMA (Reuters) - Peru's embattled President Pedro Pablo Kuczynski told a congressional investigative committee that he used a company in the British Virgin Islands to legally avoid paying U.S. taxes, according to audio heard by Reuters on Sunday.


CACI seeks to break up General Dynamics' acquisition of CSRA: sources

(Reuters) - U.S. defense contractor CACI International Inc has offered to merge with larger peer CSRA Inc , seeking to disrupt the latter's $6.8 billion acquisition by General Dynamics Corp , people familiar with the matter said.

Trump's opioid plan may include death for drug dealers

President Donald Trump will roll out new plans to tackle the country's opioid epidemic on Monday in New Hampshire, a senior administration official tells CNN. The plan will likely include stiffer penalties for high intensity drug traffickers, including the possibility of the death penalty.

The President lashed out at the special counsel's team, seeming to suggest it has a partisan bias

President Donald Trump started his Sunday morning by lashing out at special counsel Robert Mueller's team, former FBI Deputy Director Andrew McCabe, and former FBI Director James Comey.

Africa's only female president to resign

The president of Mauritius will resign this week over claims she used a credit card provided to her by an NGO for personal expenses, her lawyer said.


New German finance ministry pushes free trade at G20 meeting

BUENOS AIRES (Reuters) - Germany's new finance minister Olaf Scholz warned on Sunday that protectionism could harm future economic prospects and said Germany would continue talks to dissuade the United States from imposing planned punitive steel and aluminum tariffs.


Ten years after crash, Americans still have not fallen back in love with stocks

NEW YORK (Reuters) - Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said.

Politics and Government

Presidential Vote in Russia Sure to Give Putin 6 More Years

Vladimir V. Putin’s popularity, and firm grip, will assure him a fourth term. The size of the turnout will be seen as the strength of Mr. Putin’s mandate.


Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO

(Reuters) - Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content.


Maduro challenger shakes up Venezuela's presidential vote

CARACAS (Reuters) - At each other's throats for two decades, militants of Venezuela's socialist state and opposition seldom agree on anything. Yet mention the name of presidential candidate Henri Falcon, and both are liable to spit.


China propaganda kicks into overdrive as 'helmsman' Xi re-anointed president

BEIJING (Reuters) - With pictures of ecstatic citizens standing in applause, tearful legislators and even a social media game, China's propaganda drive has kicked into high gear following Xi Jinping's unanimous reappointment as president.

United States Politics and Government

White House Memo: Trump and the Truth: A President Tests His Own Credibility

The president’s latest made-up statement renewed the question: When does he know the things he says are false and when is he simply misinformed?


U.S. government to accept metals tariffs exclusion requests from Monday

WASHINGTON (Reuters) - The U.S. Commerce Department said it will begin accepting requests on Monday for product exclusions from President Donald Trump's new steel and aluminum import tariffs, but it could take up to 90 days for the agency to make determinations.

Attorney John Dowd told CNN he's speaking for himself, but earlier said he was speaking for the President

President Donald Trump's attorney John Dowd is calling for the end of special counsel Robert Mueller's probe into Russian election meddling.


Daimler cars unit invests to ramp up output to 3 million vehicles

FRANKFURT (Reuters) - Germany' Daimler is in a push to boost production capacity as its Mercedes-Benz Cars unit eyes annual sales of 3 million vehicles, up from 2.4 million last year, an executive told weekly publication Automobilwoche.

#MeToo Movement

President of Steven Cohen’s Investment Firm Quits Amid Gender Bias Lawsuit

Douglas Haynes stepped down as president of the $11 billion investment firm, a month after being named as a defendant in a gender discrimination lawsuit.


U.S. probes air bag failures in deadly Hyundai, Kia car crashes

WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Saturday it is opening a probe into why some air bags failed to deploy in Hyundai and Kia vehicles after crashes in which four people were reportedly killed and another six injured.


U.S. agency probing air bag failures after four deaths reported in Hyundai, Kia cars

WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration said on Saturday it is opening an investigation to determine why some air bags failed to deploy in crashes after four deaths were reported in Hyundai Motor Co and Kia Motors Corp vehicles.


'Exhausted' Toys 'R' Us suppliers weigh options as huge retailer shuts

CHICAGO/NEW YORK (Reuters) - When Toys 'R' Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11.

Christians and Christianity

This Preacher Would Be Happy to Share Your Bowl of Açaí

Leader of the evangelical mecca Zoe Church in Los Angeles, Chad Veach wants to win friends and Instagram people. (Go ahead, pick the “Rise” filter!)

O.J. Simpson has strong opinions about Donald Trump and Colin Kaepernick

O.J. Simpson is sharing his thoughts on some of the nation's most controversial figures.


New European sanctions would affect nuclear deal: Iran official

BEIRUT (Reuters) - Any new European sanctions against Iran will have a direct effect on the nuclear deal struck between world powers and Tehran, Iran’s deputy foreign minister said Friday, according to state media.

The former FBI deputy director says his firing is part of Trump's war on the FBI and Mueller's Russia probe

Attorney General Jeff Sessions fired former FBI deputy director Andrew McCabe late Friday, less than two days shy of his retirement, ending the career of an official who rose to serve as second-in-command at the bureau.


China's parliament re-elects Xi Jinping as president

BEIJING (Reuters) - China's largely rubber-stamp parliament on Saturday unanimously re-elected Xi Jinping as the country's president.


Product exclusions from U.S. metals tariffs may take 90 days: document

WASHINGTON (Reuters) - Steel and aluminum users that depend on imported products not available from U.S. producers may have to wait up to 90 days for an exclusion from the Trump administration's new metals tariffs, according to a Commerce Department document.


Wall Street's tech love affair might end in tears

SAN FRANCISCO (Reuters) - Outsized returns delivered by , Netflix and other heavyweight technology stocks have made them heroes on Wall Street, but some strategists warn that investors' reliance on them exacerbates the risk of a steep downturn.

United States Politics and Government

Trump’s Tariffs Set Off Storm of Lobbying

Corporations and foreign leaders are pressing to meet with White House officials and hiring lawyers and lobbyists to push for exemptions that could be worth billions of dollars in trade.


Product exclusions from U.S. tariffs may take 90 days: document

WASHINGTON (Reuters) - Steel and aluminum users that depend on imported products not available from U.S. producers may have to wait up to 90 days for an exclusion from the Trump administration's new metals tariffs, according to a Commerce Department document.


Former Qualcomm chairman Jacobs to exit board of directors

(Reuters) - Qualcomm Inc on Friday said former executive chairman Paul Jacobs would not be renominated for the U.S. semiconductor company's board after Jacobs disclosed his intention to pursue a long-shot acquisition of the firm.


Berkshire says median employee makes over half Buffett's pay

(Reuters) - Berkshire Hathaway Inc on Friday said its median employee last year made a little over half the $100,000 salary that Chairman Warren Buffett was awarded for running the conglomerate that made him the world's third-richest person.


Trump's back-to-back visitors unlikely to solve Gulf dispute

WASHINGTON (Reuters) - Saudi, Emirati and Qatari leaders will beat a path to U.S. President Donald Trump's door in the next few weeks for back-to-back visits that are unlikely to solve a long-running dispute among America's Gulf allies.


Boeing moves to keep 777X on track after engine snag

SEATTLE (Reuters) - Boeing Co has scrambled to reorganize testing of its new 777X to avoid being delayed by engine snags, while robots and mechanics are starting work on the fuselage, the executive who heads efforts to build the world's largest twin-engined jet said in an interview.

Kudlow, Lawrence A

Trump, the Television President, Expands His Cast

The choice of Larry Kudlow as chief economic adviser, a position with real influence over Americans, crosses a threshold in an administration that has already blurred the line between it and the media.


Exclusive: Trafigura set to boost its dominance in Urals - sources

MOSCOW/LONDON (Reuters) - Oil trader Trafigura will regain its position as the largest buyer of seaborne crude from Russia's Rosneft, trading sources told Reuters on Friday, expanding their partnership as Rosneft reduces its dealings with Vitol and Glencore.


Coca-Cola, U.S. State Dept to use blockchain to combat forced labor

NEW YORK (Reuters) - Coca-Cola Co and the U.S. State Department along with two other companies said on Friday they are launching a project using blockchain's digital ledger technology to create a secure registry for workers that will help fight the use of forced labor worldwide.


Microsoft hits back at claims it ignored sexual harassment

SAN FRANCISCO (Reuters) - A senior executive said Microsoft Corp thoroughly investigates issues raised by women in the workplace and fired about 20 employees last year over complaints of sexual harassment as the company seeks to counter claims that it treats female workers unfairly.


Icahn unveils 6.9 percent stake in Newell, could seek board seat

(Reuters) - Activist investor Carl Icahn on Friday disclosed a 6.86 percent stake in Sharpie pens maker Newell Brands Inc , and said he could seek a board seat at the company, which is already battling another top shareholder over board representation.


Wall Street advances on strong industrial data but posts weekly losses

NEW YORK (Reuters) - The S&P 500 and the Dow Industrials rose on Friday, boosted by strong industrial output numbers, though all three of Wall Street's major indexes posted losses for the week.


Caterpillar's latest restructuring move could cut 880 jobs

CHICAGO (Reuters) - Caterpillar Inc will close two facilities in Texas and Panama and is also considering shutting its engine manufacturing plant in Illinois as part of a strategy to boost profitability and better handle business cycles, but the move could cut 880 jobs.

Analysis: Trump's staffing upheavals come in spurts

Things seem to happen in spurts. Reince Priebus resigned on July 28, but the cards really started to fall a week and a half earlier.


Exclusive: Russia considers extra $17 billion bailout for two rescued banks - sources

MOSCOW (Reuters) - Russia's central bank is considering pumping more than 1 trillion rubles ($17 billion) into two banks it first bailed out last year to shore up their balance sheets, three sources familiar with the discussion told Reuters.


Boeing 737 Max 7 narrowbody jetliner begins maiden flight

(Reuters) - The smallest member of Boeing Co's upgraded narrowbody jetliner range, the 138-seat 737 MAX 7, began its maiden flight on Friday, heralding months of trials before it enters service next year, the company said.


EU starts retaliation process against U.S. tariffs

BRUSSELS (Reuters) - The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs, the first step towards measures to counter planned U.S. taxes on European steel and aluminum.


Wall Street advances as financial, energy stocks gain

(Reuters) - Wall Street's main indexes rose on Friday after strong economic data boosted financial stocks and a jump in oil prices lifted shares of energy companies.


BRIEF-Nike Vice President Jayme Martin Exits Co - WSJ



Over 100 countries agree to seek digital tax consensus by 2020: OECD

PARIS (Reuters) - Some 110 countries have agreed to work towards forming an international consensus by 2020 on how to tax digital businesses across borders, the Organisation for Economic Cooperation and Development said on Friday.


UPDATE 1-SunPower, facing tariffs, mulls expanding U.S. manufacturing

March 16 (Reuters) - SunPower Corp said on Friday it was strongly considering expanding its solar panel manufacturing in the United States as it grapples with the Trump administration's tariffs on solar imports.


Under scrutiny, New York Fed sets short list for Dudley successor

NEW YORK (Reuters) - The Federal Reserve Bank of New York is considering a "handful" of candidates for what is seen as the second most influential job at the U.S. central bank, its directors said on Friday, as political pressure mounts to choose someone who breaks with past precedent.


Caterpillar to close facilities, could cut 880 jobs

CHICAGO (Reuters) - Caterpillar Inc will close two facilities and is contemplating the closure of its engine manufacturing plant in Illinois, which together could potentially result in about 880 job losses, a company spokeswoman told Reuters on Friday.


Qualcomm discussing Jacobs leaving board of directors: sources

(Reuters) - Qualcomm Inc's board of directors was meeting on Friday to discuss former executive chairman Paul Jacobs stepping down after he told the U.S. semiconductor company he was exploring acquiring it, people familiar with the matter said on Friday.


After pay vote, Disney investors question Iger's rich deal

BOSTON (Reuters) - Walt Disney Co Chairman and Chief Executive Robert Iger stands to earn up to $423 million over four years, according to a new analysis of a compensation package rejected by shareholders, and some investors want to raise the bar on his performance targets.


EU calls for industry input on U.S. tariff retaliation list

BRUSSELS (Reuters) - The European Commission called for industry views on Friday on a list of U.S. products it will subject to import tariffs if the United States taxes European steel and aluminum.

The President's personal lawyer and the White House deny allegations of an affair between Daniels and Trump

The lawyer representing Stormy Daniels, the porn star suing President Donald Trump, claimed Friday that she has faced physical threats.

Analysis: Trump's very public embarrassment of H.R. McMaster

President Donald Trump has apparently grown sick of H.R. McMaster and is preparing to jettison his national security adviser in the not-too-distant future. That news was first broken by The Washington Post on Thursday night but subsequently confirmed by CNN. It appears to now be a matter of when, not if, McMaster will leave.


Wall Street opens higher as tech, healthcare stocks gain

(Reuters) - Wall Street's main indexes opened higher on Friday, lifted by technology and healthcare stocks, with investors assessing the turmoil in the Trump administration and impact of U.S. tariffs on global economy.


Johnson & Johnson says offered $2.1 billion for LifeScan diabetes unit

(Reuters) - Johnson & Johnson has been offered about $2.1 billion for its LifeScan Inc unit, which makes blood glucose monitoring products, by private investment firm Platinum Equity, the healthcare company said on Friday.


U.S. housing starts fall on weak multi-family segment

WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in February as a plunge in the construction of multi-family housing units offset a second straight monthly increase in single-family projects.


Deutsche Bank boosts bonuses to 2.3 billion euros despite bigger 2017 loss

FRANKFURT (Reuters) - Deutsche Bank paid bonuses worth 2.3 billion euros ($2.83 billion) for 2017, four times higher than the previous year even as the German lender warned on costs for 2018 and reported a bigger 2017 loss than previously disclosed.


Trump's tariffs head for a legal minefield

GENEVA (Reuters) - President Donald Trump's announcement last week of a 25 percent tariff on U.S. imports of steel and 10 percent on aluminum caused a global outcry.


Casino mogul Steve Wynn may sell his stake in Wynn Resorts

(Reuters) - Wynn Resorts Ltd's former chief executive, Steve Wynn, may elect to sell all or a portion of his stake in the company, according to a regulatory filing dated Thursday.


A factory worker at 13, Hong Kong's iconic billionaire Li Ka-shing retires

HONG KONG (Reuters) - Li Ka-shing's rise from penniless immigrant in 1940 to billionaire tycoon is the consummate success story in Hong Kong, a city which progressed alongside him from trading outpost to one of the world's biggest financial centers.


Bike-sharing companies face an uphill ride in U.S.

SAN FRANCISCO (Reuters) - A bike-sharing craze that has swept China over the past two years is picking up speed in cities across the United States, but with a different spin as tough local regulations rein in the roll-out of dockless bikes.


Former Qualcomm chairman explores long-shot bid for U.S. chip maker: sources

(Reuters) - Former Qualcomm Inc Chairman Paul Jacobs has informed its board of directors that he will seek to partner with investment firms to make an offer for the U.S. semiconductor company, people familiar with the matter said on Thursday.


Where is the fear? Markets wave off global risks

SYDNEY (Reuters) - Simmering fears of a global trade war. An embarrassing political scandal in Japan. Rapid job-turnover inside the White House and the threat of faster interest rate hikes in the United States.


Exclusive: Russian billions slip through Latvia's loose net

RIGA (Reuters) - Latvia launched just 85 money-laundering investigations in 2017 even though its banks flagged 17,900 suspect transactions, data seen by Reuters shows, highlighting the challenge the Baltic state faces in repairing its tarnished reputation.

Real Estate and Housing (Residential)

Who’s Greener? California Housing Plan Splits Would-Be Allies

Legislation would allow more home building along transit routes to reduce gas-guzzling commutes. Some who support the goal have denounced the method.


Nike brand president resigns; company probes workplace complaints

(Reuters) - Nike Inc's namesake brand President Trevor Edwards has resigned and will retire in August, a company spokeswoman said on Thursday.


Ten years after JPMorgan/Bear Stearns deal banks may have already seen biggest gains

(Reuters) - Ten years after JPMorgan bought failing investment bank Bear Stearns, one of the first big harbingers of the financial crisis, investor views on U.S. banks are significantly brighter, although the sector may have already put its biggest gains behind it.


Asian shares slip as new U.S. political worries sour mood

TOKYO (Reuters) - Asian stocks slid on Friday as reports of more chaos in the Trump administration tested investors' nerves, already frayed by fears that U.S. tariffs could hurt the global economy and trigger a trade war.


China's HNA, shedding debt overseas, is still Hainan's hometown champion

HAIKOU, China (Reuters) - Hundreds of workers pour concrete as tower cranes swing overhead at the building site where a giant skyscraper is set to soar above the palm-fringed streets of this tropical Chinese city.

Anderson Cooper: Hard to fact-check Trump's fairy tale

CNN's Anderson Cooper looks at President Trump's claims of a US trade deficit with Canada, despite a recent economic report with Trump's signature on it that says the opposite.


Donald Trump Jr.'s wife files for divorce in New York

WASHINGTON/NEW YORK (Reuters) - The wife of Donald Trump Jr., the eldest son of U.S. President Donald Trump, has filed for divorce in New York, according to court records.


Oil prices extend gains, but higher output caps rise

TOKYO (Reuters) - Oil prices crept higher on Friday after the International Energy Agency said global crude demand would accelerate this year, but warned supply is growing at a faster pace.


Australia's competition watchdog sues Equifax for misleading consumers

SYDNEY (Reuters) - Australia's competition regulator said on Friday it was suing credit reporting company Equifax Pty Ltd, owned by U.S.-based Equifax Inc , alleging it misled consumers and used unfair tactics with people in financial hardship.


Asian shares on defensive as new political worries sour mood

TOKYO (Reuters) - Asian stocks were on the defensive on Friday as worries over the U.S. investigation into the Trump Organization tested investor nerves, already frayed by fears U.S. tariffs could hurt the global economy and trigger a trade war.

Divorce, Separations and Annulments

Vanessa Trump, Donald Trump Jr.’s Wife, Files for Divorce

The president’s daughter-in-law filed for an uncontested divorce in Manhattan Supreme Court on Thursday.

Donald Trump Jr. and Vanessa Trump are separating

Donald Trump Jr. and his wife Vanessa Trump are separating, they announced in a joint statement Thursday.


Chamber of Commerce warns Trump against China tariffs

WASHINGTON (Reuters) - The head of the most influential U.S. business lobbying group warned the Trump administration on Thursday that unilateral tariffs on Chinese goods could lead to a destructive trade war that will hurt American consumers and U.S. economic growth.


Mexico's No. 2 presidential candidate calls Trump policies 'crazy'

MEXICO CITY (Reuters) - The Mexican presidential candidate running in second place said on Wednesday U.S. President Donald Trump's economic policies were a "crazy" bid to turn back the clock on advancing technologies that will eliminate manufacturing jobs.

United States Politics and Government

Trump Readies Sweeping Tariffs and Investment Restrictions on China

Before the dust has settled on a plan to introduce sweeping tariffs on foreign metals, the White House is readying another major trade action.


With Qualcomm behind it, Broadcom looks to smaller deals

(Reuters) - Broadcom Ltd on Thursday said it was likely to pursue smaller acquisitions of chipmakers after its failed hostile takeover bid to acquire rival Qualcomm Inc and said that its smart phone chip business would see a drop in demand this quarter from a North American customer and an increase from South Korea.


Goldman steps up hiring of women, minorities worldwide

NEW YORK (Reuters) - Goldman Sachs Group Inc wants women to make up half of its global workforce, starting with new analysts by 2021, the Wall Street bank said on Thursday, as it stepped up efforts to address gender and racial imbalance across the board.


U.S. judge dismisses currency-rigging claims against big banks

NEW YORK (Reuters) - A U.S. judge on Thursday dismissed a lawsuit against 16 big banks by retail foreign currency investors who claimed they were indirectly harmed by a conspiracy to rig prices.

Former US North Korea envoy calls Trump's acceptance of Kim meeting 'a great outcome'

The man who spearheaded US diplomatic efforts on North Korea until his surprise retirement earlier this month said he welcomes plans for a meeting between President Donald Trump and North Korean leader Kim Jong Un, which is expected to take place in May.


Wells Fargo CEO defends pay; calls Senator Warren's criticism 'inappropriate'

DETROIT (Reuters) - Wells Fargo & Co Chief Executive Tim Sloan on Thursday defended a 35 percent gain in his latest compensation package, while describing comments last year by Democratic U.S. Senator Elizabeth Warren, who had called for his ouster, as "inappropriate."


With Qualcomm saga behind it, Broadcom tops estimates

(Reuters) - Broadcom Ltd's quarterly results topped estimates on Thursday on robust demand for its chips from smartphone makers, at a time when investors are closely watching the company's next moves after its bid for fellow chipmaker Qualcomm was blocked.


Nestle chairman calls CEO 'man of action,' praises his first year

SAO PAULO (Reuters) - Nestle SA's chairman gave a vote of confidence to Chief Executive Mark Schneider 14 months into his tenure at the helm of the world's biggest packaged food company as it struggles to recover from a sixth straight year of slowing growth.


Whistleblower says Walmart, eyeing Amazon, cheated on e-commerce

(Reuters) - Walmart Inc was sued on Thursday by a former executive who accused the world's largest retailer of issuing misleading e-commerce results, amid growing pressure from Inc , and firing him for complaining about it.


U.S. judge says AT&T-Time Warner merger trial may last 8 weeks

WASHINGTON (Reuters) - U.S. District Judge Richard Leon said on Thursday a trial to decide if AT&T's $85 billion acquisition of Time Warner Inc is legal under U.S. antitrust law may last six to eight weeks, significantly longer than previously forecast.

Analysis: Did Mueller just cross Trump's red line?

Special counsel Robert Mueller has subpoenaed the Trump Organization for business documents -- some of which are related to Russia, according to The New York Times -- a move that represents the latest evidence that the probe seems to have widened to include far more than simply Russia's attempts to meddle in the 2016 presidential election.


Meredith moves to sell Time, Fortune and Sports Illustrated titles: sources

(Reuters) - U.S. media company Meredith Corp has hired advisers to explore a sale of its Time, Fortune, Money and Sports Illustrated magazines following its $1.84 billion acquisition of Time Inc in January, people familiar with the matter said.


S&P falls for fourth day as Mueller subpoena weighs

NEW YORK (Reuters) - The S&P 500 ended slightly lower on Thursday after a report that U.S. Special Counsel Robert Mueller had issued a subpoena for documents related to U.S. President Donald Trump's businesses offset strong jobs and manufacturing data.


Toys 'R' Us seeks to halt vendor payments ahead of liquidation

(Reuters) - Toy retailer Toys 'R' Us Inc on Thursday asked the U.S. Bankruptcy Court for approval to stop paying all of its suppliers while it tries to line up buyers for its international business ahead of a planned liquidation of its U.S. operations.


Ford will speed shift to SUVs to boost profit, shares

DEARBORN, Mich. (Reuters) - Ford Motor Co executives on Thursday disclosed ambitious plans to shift the struggling automaker's product portfolio from passenger cars to SUVs, add more hybrid and pure electric vehicles, and reduce development and manufacturing costs - moves aimed at boosting Ford's profit and share price.


Weathering Trump's skepticism, US officials still fighting global warming

WASHINGTON/OSLO (Reuters) - U.S. President Donald Trump has bashed international efforts to combat climate change and questioned the scientific consensus that global warming is dangerous and driven by human consumption of fossil fuels.


Goldman Sachs sees reshaping of industries driving M&A

NEW ORLEANS (Reuters) - Major shifts in industries ranging from semiconductors and food to beverages and pharmaceuticals will keep fueling the blistering pace of mergers and acquisitions, one of Goldman Sachs Group Inc's top dealmakers said on Thursday.

Analysis: Trump's fib to Trudeau is totally predictable -- and scary

In a speech at a Republican fundraiser on Wednesday, President Trump revealed that he made some stuff up when talking with Canadian Prime Minister Justin Trudeau.


Dow gains as trade war worries ebb on Navarro's comments

(Reuters) - The Dow Jones Industrial Average added more than 200 points on Thursday as industrial stocks gained after the White House trade adviser sought to play down chances of a trade war due to protectionist policies.


Buffett's Dairy Queen sues W.B. Mason over 'Blizzard'

(Reuters) - Warren Buffett's favorite ice cream company has kicked up a legal storm over the "Blizzard."


Bayer faces U.S. antitrust hurdles for Monsanto merger: Bloomberg

(Reuters) - Bayer AG's plan to win antitrust approval to buy U.S. seeds supplier Monsanto Co has not satisfied U.S. officials, who are worried the $62.5 billion merger could hurt competition, Bloomberg reported on Thursday.


How Congo faced down some of the world's biggest mining firms

DAKAR (Reuters) - In an ornate room in Democratic Republic of Congo's presidential palace last week, some of global mining's most powerful men faced off against government officials over proposed changes to the country's mining code.


GM to invest $100 million to upgrade facilities to build self-driving cars

WASHINGTON (Reuters) - General Motors Co said on Thursday it will invest more than $100 million in two facilities as it prepares to build production versions of its Cruise self-driving car next year at its Orion Township assembly plant in Michigan.

Barron Trump's school doesn't want armed teachers

The school attended by President Donald Trump's youngest son joined an open letter demanding the President pass gun legislation to protect students.

International Trade and World Market

Op-Ed Columnist: Paul Krugman Explains Trade and Tariffs

Pennsylvania, China, steel and illusions. Here are his answers to some of your questions.

Porn star's mom: I would vote for Trump every time

The mother of Stormy Daniels, a porn star in the center of a controversy roiling President Donald Trump's second year in office, said she is a staunch supporter of the President.

No, Mr. President. The US doesn't have a trade deficit with Canada


Mexico, Canada should be set to continue with NAFTA without U.S.: minister

SAO PAULO (Reuters) - Mexico and Canada should be ready to continue with a version of the North American Free Trade Agreement (NAFTA) without the United States, the Mexican economy minister said on Thursday.


Toys 'R' Us goes out of business, 30,000 jobs at stake

(Reuters) - Toys 'R' Us Inc, the iconic toy retailer, will shutter or sell its stores in the United States after failing to find a buyer or reach a deal to restructure billions in debt, putting at risk about 30,000 jobs.


Wall Street opens higher as financial, energy stocks gain

(Reuters) - Wall Street's main indexes opened higher on Thursday, led by gains in financial and energy stocks and support from strong economic data.


Barroso slams EU watchdog over probe of his Goldman Sachs role

BRUSSELS (Reuters) - Former European Commission president Jose Manuel Barroso denied on Thursday he had lobbied ex-colleagues for his new employer Goldman Sachs, hitting back at what he has called a personal "political attack" by the EU's ethics watchdog.


Exclusive: HSBC has 59 percent gender pay gap, biggest among British banks

LONDON (Reuters) - HSBC will reveal a gender pay gap of 59 percent at its main UK banking operation, the biggest yet disclosed by a British bank, according to a copy of the lender's report on the subject seen by Reuters on Thursday ahead of its publication.


U.S. job market tightening, inflation steadily rising

WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell last week, pointing to sustained labor strength even as economic growth appears to have slowed early in the first quarter.


Alibaba plans listing in mainland China: WSJ

(Reuters) - E-commerce giant Alibaba Group Holding Ltd is working on a plan to list on a stock exchange in its home country, China, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

GOP's top Senate brass warn of Trump's Cabinet reshuffle

President Donald Trump's appetite for an ambitious shake-up of his Cabinet and other key advisers is already facing headwinds from inside his own administration and some Republicans on Capitol Hill.


Green Crack, Blue Dream, Gorilla Glue: The problem of pricing pot

NEW YORK (Reuters) - In 2014, as Jonathan Rubin and Ian Laird considered investing in the booming U.S. cannabis industry, they hit a problem: How to value pot starts-ups with little verified data on the price of the weed itself?


Slovak president supports PM's resignation condition: government party

BRATISLAVA (Reuters) - Slovak President Andrej Kiska supports Prime Minister Robert Fico's offer to resign on condition that his party be allowed to pick the next government leader, a junior party in the ruling coalition said on Thursday.

Freedom of the Press

Contributing Op-Ed Writer: One Thing Donald Trump Would Like Is Freedom From the Press

The president dreams of living in a world with “Fox & Friends” and almost no one else.


Japan's Osaka Gas has not bought LNG to replace Papua New Guinea outage - President

TOKYO, March 15 (Reuters) - Japan's Osaka Gas has so far not bought liquefied natural gas (LNG) cargoes to replace supplies from the shutdown of ExxonMobil Corp's Papua New Guinea project following a powerful earthquake in the country's remote highlands last month, its top executive said on Thursday.


EU watchdog calls for review of Barroso's Goldman role

BRUSSELS (Reuters) - The European Ombudsman called on the EU executive on Thursday to review whether its former president, Jose Manuel Barroso, ought to be working for Goldman Sachs after complaints that he was harming the EU's image.


Toys 'R' Us goes out of business, leaving void for toy lovers

(Reuters) - Toys 'R' Us Inc, the iconic toy retailer, will shutter or sell its stores in the United States after failing to find a buyer or reach a deal to restructure billions in debt, putting at risk about 30,000 jobs.


Unilever picks Rotterdam HQ over London in blow to UK before Brexit​

LONDON (Reuters) - Britain's third biggest company Unilever will scrap its London corporate headquarters and make Rotterdam its sole legal home in a blow to Prime Minister Theresa May's government almost one year to the day before Brexit.


Balancing act: Chip giant Qualcomm caught between Washington and Beijing

SHANGHAI (Reuters) - U.S. chipmaker Qualcomm Inc , blocked this week from a takeover bid amid national security fears, was already walking a Pacific tightrope: it has government and defense contracts in America, but two-thirds of its revenue comes from China.


Asia stocks sag, bonds advance amid simmering trade worries

TOKYO (Reuters) - Asian stocks sagged on Thursday while government bonds attracted safe-haven demand amid mounting investor concerns that growing trade tensions will hurt the global economy.


Weathering Trump's skepticism, U.S. officials still fighting global warming

WASHINGTON/OSLO (Reuters) - U.S. President Donald Trump has bashed international efforts to combat climate change and questioned the scientific consensus that global warming is dangerous and driven by human consumption of fossil fuels.


Senators to grill Trump's pick for NSA chief on Russia, privacy

WASHINGTON (Reuters) - U.S. senators will grill President Donald Trump's pick to lead the National Security Agency on the government's surveillance reach and a range of cyber security issues on Thursday, when he faces his second confirmation hearing to lead the electronic spy agency.


Exclusive: Amazon's internal numbers on Prime Video, revealed

(Reuters) - Inc's top television shows drew more than 5 million people worldwide to its Prime shopping club by early 2017, according to company documents, revealing for the first time how the retailer's bet on original video is paying off.


Investors still in love with growth stocks risk losing out on value

NEW YORK (Reuters) - A long rally in technology stocks has left investors thirsting for more, but that could be a mistake as the strengthening U.S. economy points to better value in other stocks.


Walmart patents hint at future where its drones tend the farms

NEW YORK/CHICAGO (Reuters) - Walmart Inc's patent filings hint that it may see a future where farmers use its drones to not only spot crop problems but selectively apply chemicals or even disperse pollen to bring shoppers the freshest and cheapest food possible.


Exclusive: Wells Fargo faces sanctions for auto insurance payouts - sources

WASHINGTON (Reuters) - U.S. regulators are preparing to sanction Wells Fargo for receiving commissions on auto insurance policies it helped force on more than half a million drivers, people with direct knowledge of the probes told Reuters.


Toys 'R' Us to close doors, leaving void for toy lovers

(Reuters) - Toys 'R' Us Inc, the iconic U.S. toy retailer, is shuttering all its U.S. stores after failing to find a buyer or reach a restructuring deal with creditors to push its indebted business out of bankruptcy, the company said on Thursday.

Politics and Government

Contributing Op-Ed Writer: Welcome to the Era of Presidents for Life

Xi Jinping’s abolition of term limits will reverberate far beyond China’s borders.


INSIGHT-Weathering Trump's skepticism, US officials still fighting global warming

WASHINGTON/OSLO, March 15 (Reuters) - U.S. President Donald Trump has bashed international efforts to combat climate change and questioned the scientific consensus that global warming is dangerous and driven by human consumption of fossil fuels.


Stocks retreat, bonds advance as simmering trade woes curb risk appetite

TOKYO (Reuters) - Stock markets slipped broadly on Thursday while government bonds attracted safe-haven demand amid mounting investor concerns that growing trade tensions would hurt the global economy.


U.S. solar forecast ratcheted down as tariffs weigh

(Reuters) - U.S. solar energy installations will grow slower than previously expected in the coming years due to the Trump administration's tariffs on panel imports and new federal tax laws that will restrict investment in the clean energy source, according to a report published on Thursday.


Oil prices stable on healthy demand, but oversupply looms later in 2018

SINGAPORE (Reuters) - Oil prices were stable on Thursday, supported by healthy global demand but held back by the relentless rise in U.S. production that is undermining efforts led by producer cartel OPEC to cut supplies and prop up markets.


Toys 'R' Us plans to close all U.S. stores; 33,000 jobs at risk: source

(Reuters) - Bankrupt Toys 'R' Us Inc is preparing to sell or close all 885 stores in its U.S. chain, risking up to 33,000 jobs, after failing to reach a deal to restructure billions of dollars in debt, a person familiar with the matter said on Wednesday.

Trump would call Daniels 'all the time' during affair, her friend says

Keith Munyan, a close personal friend of Stormy Daniels, confirmed to CNN he listened in on several private phone conversations between the porn actress and the man who would become president.


Stocks sag, bonds supported as simmering trade woes curb risk appetite

TOKYO (Reuters) - Stock markets sagged broadly on Thursday while government bonds attracted safe-haven demand amid mounting investor concerns that growing trade tensions would hurt the global economy.

Opinion: Trump's Saccone spin won't work

The White House and Republican leaders are struggling to paper over the failure of their candidate for the special election in Pennsylvania's 18th congressional district, painting the strong showing of his Democratic challenger as a kind of victory for President Donald Trump's agenda.


Differences on North Korea key to Trump's Tillerson decision: sources

WASHINGTON (Reuters) - Differences over how to deal with North Korea's nuclear challenge were a key factor in President Donald Trump's decision to replace Rex Tillerson as U.S. secretary of state, according to sources familiar with the internal deliberations.


U.S. Senate approves bill rewriting post-crisis bank rules

WASHINGTON (Reuters) - The U.S. Senate voted 67 to 31 on Wednesday to ease bank rules, bringing Congress a step closer to passing the first rewrite of the Dodd-Frank reform law enacted after the 2007-2009 global financial crisis.


Trump picks TV commentator Kudlow to succeed Cohn as economic adviser

WASHINGTON (Reuters) - U.S. television commentator and conservative economic analyst Larry Kudlow will replace Gary Cohn as President Donald Trump's top economic adviser, the White House and Kudlow said on Wednesday, adding another loyalist to Trump's inner circle.


Wells Fargo CEO's 2017 pay jumps 35 percent to $17.6 million

(Reuters) - Wells Fargo & Co Chief Executive Tim Sloan's made $17.6 million in 2017, up 35 percent from the previous year, despite opting out of the bank's annual incentive plan.


Tesla says Model S, Model X production efficiency much improved

(Reuters) - Tesla Inc said the number of labor hours needed to produce its Model S and Model X cars have decreased considerably, following the latest report of quality problems that could prevent the carmaker from hitting its production targets.


Toys 'R' Us could shut all U.S. stores, risking 33,000 jobs: WSJ

(Reuters) - Toys 'R' Us Inc will sell or close all its U.S. stores in the coming months, risking up to 33,000 jobs, the Wall Street Journal reported on Wednesday.


Wall Street falls amid fears of trade war with China

NEW YORK (Reuters) - U.S. stocks fell on Wednesday after President Donald Trump sought to impose fresh tariffs on China, intensifying fears of a trade war that could raise costs and hurt overseas sales for U.S. companies.


Automakers knew earlier of Takata air bag issues: court documents

WASHINGTON (Reuters) - General Motors Co , Volkswagen AG , Fiat Chrysler Automobiles NV and Daimler AG knew of problems with Takata air bag inflators and should have moved faster to recall vehicles, according to company documents cited on Wednesday by owners suing the automakers.


Wells Fargo CEO Sloan's pay rose 35 percent in 2017 to $17.6 million

(Reuters) - Wells Fargo & Co Chief Executive Officer Tim Sloan's total compensation for 2017 was $17.6 million, about 35 percent higher than the previous year, the third largest U.S. bank said in a regulatory filing on Wednesday.


Kudlow says Trump to name him top White House economic adviser

WASHINGTON (Reuters) - U.S. television commentator and conservative economic analyst Larry Kudlow said on Wednesday that President Donald Trump had picked him to replace Gary Cohn as the top White House economic adviser.


Google, Apple face EU law on business practices

(Reuters) - Online platforms such as Google , Apple and Amazon face new European Union rules on their commercial practices with smaller businesses that use their services, as Brussels seeks to curtail their huge market power.

Trump's new top economic adviser hates tariffs

Larry Kudlow, President Trump's pick to run the National Economic Council, has been vocal in his criticism of the President's tariffs.


U.S. retail sales falter; inflation creeping higher

WASHINGTON (Reuters) - U.S. retail sales fell for a third straight month in February as households cut back on purchases of motor vehicles and other big-ticket items, prompting analysts to downgrade their first-quarter economic growth forecasts.


Exclusive: Vivendi ready to support other investor-backed strategy at Telecom Italia to boost share price

MILAN (Reuters) - Telecom Italia's main shareholder Vivendi believes in the phone company's new strategic plan but is ready to consider any move supported by shareholders to boost its share price, a Vivendi spokesman told Reuters on Monday.

Kudlow to become Trump's top economic adviser

President Donald Trump will name Larry Kudlow, the conservative media analyst who served as his informal economic adviser during the 2016 campaign, the next head of the White House National Economic Council, a source familiar with the decision tells CNN.


Dow slides as trade war worries weigh on industrials

(Reuters) - The Dow Jones Industrial Average fell more than 250 points, or 1 percent, on Wednesday as industrial stocks tumbled over growing fears of a trade war with China after President Donald Trump sought to impose fresh tariffs.


Theranos and its founder settle U.S. fraud charges: SEC

WASHINGTON (Reuters) - Theranos Inc and its Chief Executive Elizabeth Holmes have agreed to settle "massive fraud" charges in a deal that strips her of majority control over the embattled blood-testing company, among other penalties, U.S. regulators said on Wednesday.


Disney reorganizes businesses, creates direct-to-consumer unit

LOS ANGELES (Reuters) - Walt Disney Co announced a reorganization on Wednesday that will create a new direct-to-consumer and international unit as the entertainment company adapts to a rapid shift toward online and mobile viewing.


Bitcoin exchange reaches deal with Barclays for UK transactions

LONDON (Reuters) - One of the biggest bitcoin exchanges has struck a rare deal which will allow it to open a bank account with Britain's Barclays, making it easier for UK customers of the exchange to buy and sell cryptocurrencies, the UK boss of the exchange said on Wednesday.


Trump would sign Republican bill on school safety, White House says

WASHINGTON (Reuters) - President Donald Trump is ready to sign a bill aimed at preventing school violence like the mass shooting that killed 17 in Florida last month, which would boost funding for coordination between schools and law enforcement and which the House of Representatives is poised to pass later on Wednesday.


Bayer reports progress in talks with Russia over Monsanto deal

MOSCOW (Reuters) - Bayer said on Wednesday progress was being made in talks with Russia's competition watchdog FAS over the company's planned takeover of Monsanto.


Mexico's Cemex says under U.S. DOJ investigation

MEXICO CITY (Reuters) - Mexico's Cemex said on Wednesday that it had received information requirements from the U.S. Department of Justice (DOJ) over its operations in Colombia and other jurisdictions.


Wall Street opens higher as tech stocks recover

(Reuters) - Wall Street opened higher on Wednesday as technology stocks recovered from losses and economic data further eased fears of faster interest rate hikes in 2018.


All Toys "R" Us shops to shut in Britain

LONDON (Reuters) - Toys "R" Us stores will disappear from Britain's shopping streets within six weeks, joint administrators for the retailer said on Wednesday, announcing plans to close the group's remaining 75 shops.


Exclusive: Gazprom to cut hundreds of traders as Kremlin retreats from West

MOSCOW (Reuters) - Russian gas giant Gazprom will cut hundreds of jobs at its overseas trading and export offices, including Britain, and move them to St Petersburg, according to two sources familiar with the plan, which comes at a time of rising tensions with the West.


U.S. retail sales falter; underlying producer prices rise solidly

WASHINGTON (Reuters) - U.S. retail sales fell for a third straight month in February as households cut back on purchases of motor vehicles and other big-ticket items, pointing to a slowdown in economic growth in the first quarter.


Ford recalls 1.38 million vehicles for loose steering wheel bolts

(Reuters) - Ford Motor Co said Wednesday it is recalling 1.38 million vehicles in North America for potentially loose steering wheel bolts that could detach, in a callback linked to two accidents and one injury.


Walmart expands home delivery in fight with Amazon

NEW YORK (Reuters) - Walmart Inc will expand its grocery home delivery services to more than 100 metro areas this year from an existing six cities as the retailer steps up a fight against rival Inc .


Oil majors give in to investors with share buyback spree

(Reuters) - After almost three barren years for investors who have poured millions into the U.S. oil sector, producers are finally opening the floodgates to a wave of share buybacks that will return money to shareholders this year.

Leon Panetta defends Trump's controversial CIA pick

Former CIA Director Leon Panetta says he supports Gina Haspel's nomination for CIA director, despite her reported role in the agency's torture program during the Bush administration.


Broadcom ends bid for Qualcomm after President Trump nixes deal

(Reuters) - Singapore-based Broadcom Ltd withdrew its $117 billion bid to acquire Qualcomm Inc on Wednesday, two days after U.S. President Donald Trump blocked the attempt citing national security concerns.

Conor Lamb reacts to Trump's dig

Democrat Conor Lamb discusses being locked in a neck and neck battle with Republican Rick Saccone to decide who will represent Pennsylvania's 18th Congressional District.


Lufthansa extends contract of CEO Carsten Spohr

BERLIN (Reuters) - German airline group Lufthansa has extended the contract of its Chief Executive Carsten Spohr for a further five years, with the manager set to report another record year in terms of financial results later this week.


Renewed trade war fears pummel world shares, dollar

LONDON (Reuters) - World shares slipped for the second straight day and the dollar held near one-week lows after U.S. President Donald Trump's threats to slap $60 billion in tariffs on Chinese imports reminded investors of the threat to world economic growth.


Britain's Prudential to split in new world order for insurers

LONDON (Reuters) - Prudential is to spin its British and European business off from its international operations, breaking up the 170-year-old insurer in the latest shake-up in a fast-changing industry.


Even backers of Trump's economic policies pan tariffs

SAN FRANCISCO (Reuters) - As U.S. President Donald Trump forges ahead with his controversial trade policies, even financial experts who enthusiastically applaud many of Trump's other policies are worried that the protectionist measures could hurt U.S. growth, Reuters interviews with more than two dozen such specialists show.


Exclusive: China's regulators compete to look tough as political pressure mounts

BEIJING (Reuters) - China's financial watchdogs are pushing for harsher rules and stepping up action against miscreants, spurred on by official pressure on them to curb risk in the financial system, according to multiple sources with direct knowledge of the situation.

Stranded American mother of eight issues urgent plea to President Trump

Deana Lynn is a 44-year-old mother from Michigan and she has been trapped in Ghouta, Syria, since 2000 with her husband and eight children. She is calling on President Trump to help Syrian citizens.


Japan would lose voice of prudence if scandal brings down Aso

TOKYO (Reuters) - If the cronyism scandal that has paralyzed parliament in Japan ends up swallowing veteran Finance Minister Taro Aso, a government hooked on radical reflationary polices would lose its strongest defender of fiscal prudence.


Asian shares, dollar fall as U.S. trade fears eclipse strong China data

SYDNEY (Reuters) - Shares faltered and the dollar skidded on Wednesday as investors fretted over the threat of new U.S. tariffs on Chinese imports, brushing aside data that showed the Asian economy got off to a solid start in 2018.


New Trump tariff threat overshadows strong China factory, investment data

BEIJING (Reuters) - China's industrial output grew much faster than expected at the start of the year, suggesting the economy may be picking up momentum even as U.S. President Donald Trump readies hefty tariffs against one its most strategic growth drivers -- technology.

International Trade and World Market

Trump’s Tariffs Make Boeing a Potential Target in a Trade War

As a massive manufacturing exporter, the aerospace giant is particularly vulnerable to retaliation from China, a major customer.


Broadcom to end bid for Qualcomm, keeps plan to move to U.S.: sources

(Reuters) - Singapore-based Broadcom Ltd is planning to scrap its bid for Qualcomm Inc , after U.S. President Donald Trump blocked the chipmaker's proposed acquisition on national security grounds earlier this week, although it will press on with its plan to move its base to the United States, according to sources familiar with the matter.


ExxonMobil expects to resume paying Australian corporate tax in 2021

MELBOURNE (Reuters) - ExxonMobil Corp said on Wednesday it is likely to resume paying corporate tax in Australia only in 2021, after recouping billions of dollars in investments made in the country in the past decade.


U.S. airline industry primed for springtime boost: trade group

NEW YORK (Reuters) - U.S. airlines will carry an all-time high number of passengers this spring, an industry trade group forecast on Wednesday, as increased competition and persistently lower fares make flying more accessible to the general public.


UPDATE 5-Trump eyes tariffs on up to $60 bln Chinese goods; tech, telecoms, apparel targeted

WASHINGTON/BEIJING, March 13 (Reuters) - U.S. President Donald Trump is seeking to impose tariffs on up to $60 billion of Chinese imports and will target the technology and telecommunications sectors, two people who had discussed the issue with the Trump administration said on Tuesday.

Bribery and Kickbacks

Now Two Former Presidents of South Korea Are Under Investigation

Lee Myung-bak is the fifth former South Korean president to be questioned by prosecutors on corruption accusations since the 1990s.


Goldman's Solomon sets out to prove bank's revenue engine can roar again

NEW YORK (Reuters) - Before Goldman Sachs Group Inc operating chief David Solomon takes the next step in his career, the 56-year-old banker will have to prove that a strategy he has championed to increase annual revenue by $5 billion can actually work.