Financial Media

Exclusive: Venezuela opposition eyes U.N. asset protection as option to save Citgo

Reuters Business News - 2 hours 22 min ago
Venezuela's opposition is preparing to seek an asset protection program from the United Nations to prevent creditors from seizing the country's crown jewel overseas asset, U.S. refiner Citgo, a lawmaker and two opposition sources told Reuters.
Categories: Financial Media

Economy hopes support shares, oil edges up on Mideast tensions

Reuters Business News - 3 hours 29 min ago
Asian share prices inched higher on Friday as economic stimulus around the world eased fears over slowing growth, while crude oil prices climbed on concerns that last weekend's attacks on Saudi Arabia's oil facilities still pose supply risks.
Categories: Financial Media

Facebook CEO Zuckerberg meets Trump, seeks to mend fences in Washington

Reuters Business News - 4 hours 53 min ago
Facebook's Mark Zuckerberg met with President Donald Trump on Thursday during a fence-mending visit to Washington where the chief executive faced aggressive questioning from lawmakers about the social network's failures to protect consumer privacy.
Categories: Financial Media

Trump says he had a 'nice' meeting with Facebook CEO Zuckerberg

Reuters Business News - 5 hours 40 min ago
President Donald Trump said in a tweet that he had a "nice meeting" with Facebook CEO Mark Zuckerberg on Thursday and he included a picture of him shaking hands with Zuckerberg in the Oval Office.
Categories: Financial Media

Trump, Facebook CEO Zuckerberg had 'good, constructive' meeting: Facebook

Reuters Business News - 6 hours 32 min ago
U.S. President Donald Trump and Facebook Chief Executive Mark Zuckerberg had a "good, constructive" meeting at the White House on Thursday, the social media company said in a statement.
Categories: Financial Media

Factbox: Tariffs in place or planned for nearly all goods traded by U.S. and China

Reuters Business News - Thu, 09/19/2019 - 23:35
U.S. and Chinese trade negotiators are meeting in Washington this week to find ways to defuse a trade war that has roiled markets and triggered tit-for-tat tariffs on hundreds of billions of goods traded between the world's largest economies.
Categories: Financial Media

U.S. stock exchange competition to heat up in 2020 with new entrants

Reuters Business News - Thu, 09/19/2019 - 23:34
At least three new U.S. stock exchanges are expected in 2020, executives from the companies said on Thursday, potentially lowering trading costs as the upstarts try to take business from the incumbents, while also adding complexity to the marketplace.
Categories: Financial Media

House Democrats ask if Trump interfered in DOJ automaker antitrust probe

Reuters Business News - Thu, 09/19/2019 - 22:17
Two U.S. Democratic lawmakers on Thursday asked the White House to turn over documents that would show if President Donald Trump interfered or directed a Justice Department antitrust probe of four automakers that struck voluntary agreements with California to reduce tailpipe emissions, according to a letter seen by Reuters.
Categories: Financial Media

Wall Street mixed as Microsoft climbs and Apple dips

Reuters Business News - Thu, 09/19/2019 - 22:16
Wall Street ended mixed on Thursday, with a gain in Microsoft offsetting a dip in Apple, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing.
Categories: Financial Media

France's CNP and Brazil's Caixa seal $1.7 billion insurance deal

Reuters Business News - Thu, 09/19/2019 - 22:15
France's CNP Assurances SA has reached a deal worth 7 billion reais ($1.7 billion) with Caixa Economica Federal [CEF.UL] to sell insurance in the bank's more than 3,000 branches, the Brazilian state-owned lender said on Thursday.
Categories: Financial Media

Beyond Meat names former Tesla executive as COO

Reuters Business News - Thu, 09/19/2019 - 22:14
Beyond Meat Inc said on Thursday it has named former Tesla Inc executive Sanjay Shah as chief operating officer, effective Sept. 18.
Categories: Financial Media

Explainer: U.S.-China trade talks - where they are and what's at stake

Reuters Business News - Thu, 09/19/2019 - 22:03
Senior U.S. and Chinese officials are meeting in Washington on Thursday and Friday in an attempt to settle their ongoing trade war, but a lasting peace seems elusive.
Categories: Financial Media

Shares edge up after Fed rate cut, oil prices gain

Reuters Business News - Thu, 09/19/2019 - 21:51
A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on concerns last weekend's attacks on Saudi Arabia's oil facilities pose supply risks.
Categories: Financial Media

Mediaset strikes deal to fend off Vivendi's withdrawal risk

Reuters Business News - Thu, 09/19/2019 - 21:34
Mediaset had reached an agreement with an investor to facilitate its plan to create a pan-European platform, the company said on Thursday, in a move to offset any potential attempt to derail the deal from hostile shareholder Vivendi.
Categories: Financial Media

Trian and P&G highlight activist-corporate collaboration after 'fog of war'

Reuters Business News - Thu, 09/19/2019 - 21:28
Eighteen months after officially burying the hatchet in one of America's most bitter proxy contests, Procter & Gamble Co CEO David Taylor and billionaire investor Nelson Peltz proclaimed their mutual respect on Thursday, underscoring how activists and corporations can end up working collaboratively.
Categories: Financial Media

Microsoft, health shares boost Wall Street; S&P 500 eyes record high

Reuters Business News - Thu, 09/19/2019 - 19:13
Gains in Microsoft and healthcare shares boosted Wall Street's main indexes on Thursday, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing.
Categories: Financial Media

Chinese officials to visit U.S. farmland as trade talks continue: U.S. agriculture chief

Reuters Business News - Thu, 09/19/2019 - 19:13
A Chinese delegation will visit American farm regions with U.S. officials next week in an effort to build goodwill amid ongoing trade negotiations, U.S. Agriculture Secretary Sonny Perdue told reporters on Thursday.
Categories: Financial Media

Trump adviser says U.S. president ready to escalate trade war if no deal agreed soon: SCMP

Reuters Business News - Thu, 09/19/2019 - 18:56
A trade adviser to Donald Trump has said the U.S. president is ready to escalate the ongoing trade war with China if a trade deal is not agreed soon, the South China Morning Post reported on Thursday.
Categories: Financial Media

Saudi attacks rattle shippers' plan to switch fuels

Reuters Business News - Thu, 09/19/2019 - 18:35
Refinery outages in Saudi Arabia following weekend attacks on its oil facilities could deal a blow to the shipping industry's preparations for the biggest switch in fuel standards in decades.
Categories: Financial Media

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