Reuters Business News

Subscribe to Reuters Business News feed Reuters Business News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 2 hours 21 min ago

Brent oil hovers around $72 on Middle East tensions

Thu, 05/16/2019 - 11:46
Oil prices rose on Thursday for a third day running as fears of supply disruption amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories.
Categories: Financial Media

China slams U.S. blacklisting of Huawei as trade tensions rise

Thu, 05/16/2019 - 11:38
China on Thursday slammed a decision by the U.S. government to put telecom equipment giant Huawei on a blacklist and said it will take steps to protect its companies, in a further test of ties as the economic heavyweights clash over trade.
Categories: Financial Media

Dutch spy agency investigating alleged Huawei 'backdoor': Volkskrant

Thu, 05/16/2019 - 11:38
Chinese telecoms equipment maker Huawei has a hidden "backdoor" on the network of a major Dutch telecoms firm, making it possible to access customer data, newspaper De Volkskrant said on Thursday, citing unidentified intelligence sources.
Categories: Financial Media

Nestle revamp advances with $10 billion sale of skin health unit to buyout funds

Thu, 05/16/2019 - 11:32
Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.12 billion), as the food group shifts its portfolio in response to changing consumer demands.
Categories: Financial Media

On the radar: Nissan stays cool on lidar tech, siding with Tesla

Thu, 05/16/2019 - 11:32
Nissan Motor Co Ltd said on Thursday it would, for now, stick to self-driving technology which uses radar sensors and cameras, avoiding lidar or light-based sensors because of their high cost and limited capabilities.
Categories: Financial Media

Macron says it is not France's aim to block Huawei

Thu, 05/16/2019 - 10:11
French President Emmanuel Macron said it was not the aim of France to block Huawei, nor to launch any form of technological war, a day after the U.S. government moved to blacklist the Chinese telecoms giant.
Categories: Financial Media

Brokers brave China's FX market crackdown in hunt for household high rollers

Thu, 05/16/2019 - 10:07
Lured by hopes that China's retail investors could become major players in global currency markets, foreign brokers are brazenly chasing business in a gray area of the country's online trading sector, even as Beijing vows to wipe out such activities.
Categories: Financial Media

China says opposes unilateral sanctions against its entities, as U.S. blacklists Huawei

Thu, 05/16/2019 - 09:40
China strongly opposes other countries imposing unilateral sanctions on Chinese entities, a Commerce Ministry spokesman said on Thursday in response to the latest U.S. restrictions on telecom giant Huawei Technologies Co.
Categories: Financial Media

U.S. sanctions on Huawei send stocks reeling; yields fall

Thu, 05/16/2019 - 09:26
European stocks fell, government bond yields slipped and the Japanese yen firmed on Thursday after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions, further straining Sino-U.S. trade ties.
Categories: Financial Media

China says there has to be good faith for meaningful talks with U.S.

Thu, 05/16/2019 - 08:54
China's Foreign Ministry said on Thursday that there has to be good faith for meaningful talks with the United States, amid an on-going trade war between the two countries.
Categories: Financial Media

China says will protect rights of its businesses

Thu, 05/16/2019 - 08:44
China's Foreign Ministry said on Thursday that the country will take necessary measures to safeguard the rights and interests of its businesses, after the United States hit Chinese telecoms giant Huawei Technologies Co Ltd with severe sanctions.
Categories: Financial Media

Oil edges up for third session on Mideast tensions

Thu, 05/16/2019 - 07:54
Oil prices pushed higher on Thursday for a third day in a row, as fears of supply disruptions amid heightened tensions in the Middle East overshadowed an unexpected rise in U.S. inventories.
Categories: Financial Media

Opting out: Some of China’s '996' tech tribe quit, seek less stress

Thu, 05/16/2019 - 07:43
For over six years Qi Yaqian was a proud member of China's so-called 996 tech tribe, working nights and weekends at Nuomi, a group deals website.
Categories: Financial Media

Nestle in talks over $10 billion sale of skin health unit to EQT, ADIA

Thu, 05/16/2019 - 07:16
Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by EQT Partners and Abu Dhabi's ADIA in a deal worth 10.2 billion Swiss francs ($10.12 billion), it said on Thursday.
Categories: Financial Media

Nestle, EQT-led group in talks for $10 billion skin health deal

Thu, 05/16/2019 - 06:42
Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by private equity firm EQT Partners in a deal worth 10.2 billion Swiss francs ($10.12 billion), the world's biggest packaged food group said on Thursday.
Categories: Financial Media

Oil rises for a third day amid escalating Mideast tensions

Thu, 05/16/2019 - 05:06
Oil prices rose on Thursday for a third straight session, as the risk of conflict in the Middle East stoked fears of supply disruptions, negating an unexpected rise in U.S. inventories.
Categories: Financial Media

Asian shares fall after U.S. blacklists China's Huawei

Thu, 05/16/2019 - 04:35
Asian shares fell on Thursday after the United States hit Chinese telecoms giant Huawei with severe sanctions, threatening
Categories: Financial Media

Oil extends gains into third session amid Middle East tensions

Thu, 05/16/2019 - 02:55
Oil prices edged up on Thursday to extend gains into a third straight session, as tensions in the Middle East stoked fears of potential disruptions to supply.
Categories: Financial Media

Trump administration hits China's Huawei with one-two punch

Thu, 05/16/2019 - 02:38
The Trump administration on Wednesday took aim at China’s Huawei Technologies Co Ltd, banning the firm from buying vital U.S. technology without special approval and effectively barring its equipment from U.S. telecom networks on national security grounds.
Categories: Financial Media

Asian shares win reprieve as Trump seen delaying auto tariffs

Thu, 05/16/2019 - 02:09
Asian shares steadied on Thursday on news that U.S. President Donald Trump is planning to delay tariffs on auto imports, providing much needed relief to markets hit by a flare-up in trade tensions and on weak U.S. and Chinese economic data.
Categories: Financial Media

Pages