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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: 57 sec ago

Kabam targets Asia with Alibaba partnership

44 min 59 sec ago
Aug. 1 - The CEO of free-to-play game specialist Kabam discusses the firm’s Asia expansion drive and how it plans to put a $120 million investment from China e-commerce giant Alibaba to good use.
Categories: Financial Media

Asia Week Ahead: Can China trade add to the recovery tale?

3 hours 24 min ago
Aug. 1 - Amid a slew of policy decisions and results from regional corporate titans, keep an eye on China trade data, which has so far failed to cooperate with the recovery narrative spun by other indicators.
Categories: Financial Media

Breakingviews: U.S. dollars drive China's dotcom boom

4 hours 18 min ago
Aug. 1 - China's Internet industry is a force to be reckoned with, but as more companies file for IPOs it's become impossible to ignore the dependence on foreign financing, says Breakingviews' Robyn Mak.
Categories: Financial Media

Sharing economy participants often unaware of risks - VRMA

6 hours 51 min ago
Mark McSweeney, Executive Director of the Vacation Rental Managers Association, says an Airbnb host's recent experience with a guest-turned-squatter is a cautionary tale to the sharing economy
Categories: Financial Media

Sundararajan on the sharing economy's long-term strategy

7 hours 37 min ago
Professor Arun Sundararajan of New York University's Stern School of Business explains why garnering public support is critical for sharing economy companies facing regulatory hurdles.
Categories: Financial Media

Sharing economy is less about sharing than selling - Cagle

7 hours 39 min ago
Journalist Susie Cagle explains why she thinks the phrase "sharing economy" can be misleading. She says many companies in the segment have contributed to the casualization of work.
Categories: Financial Media

The sharing economy's growing pains

9 hours 8 min ago
Companies from Airbnb to Uber have been widely celebrated, despite constant battles with regulators. But has asking for forgiveness, as opposed to permission, become the long term strategy for these companies? Lily Jamali reports.
Categories: Financial Media

Stocks slump; LinkedIn, Tesla beat after hours

9 hours 13 min ago
Summary: Wall Street had one of its worst days of the year with investors worried about Ukraine, Russia, Argentina, and signs U.S. wage inflation and the labor market in general is heating up. LinkedIn and Tesla beat forecasts. Conway G. Gittens reports.
Categories: Financial Media

Napa Valley wine grower survives catastrophic California drought

9 hours 13 min ago
Despite a severe drought in California, Mumm Napa's winemaker says this season's crop may be better than average thanks to well-timed spring rains. Mana Rabiee reports.
Categories: Financial Media

No cell service, no problem - goTenna lets users send texts without cellular network connectivity

Thu, 31/07/2014 - 19:37
A new pocket-sized device transforms cell phones into new age walkie-talkies, enabling you to send text messages in areas where cellular networks are unavailable. Sharon Reich reports.
Categories: Financial Media

Breakingviews: Giving GE credit

Thu, 31/07/2014 - 19:04
Antony Currie and Reynolds Holding explain why the $2.9 billion IPO of the conglomerate's credit card unit, Synchrony Financial, may be a riskier investment than many are expecting.
Categories: Financial Media

T-Mobile US swings to a profit

Thu, 31/07/2014 - 18:41
Revenue rose 15 percent as T-Mobile US, the fourth largest U.S. carrier, gained subscribers. The strong results should make it more attractive to Softbank’s Sprint. Fred Katayama reports.
Categories: Financial Media

BNP, BES, CS: banks steal show again

Thu, 31/07/2014 - 18:11
BNP says it ''regrets'' its massive sanctions fine, BES shares nosedive and Credit Suisse reveals it's also joining the list of banks under investigation for dark pool activities. Joel Flynn explores the earnings and other headline stories emerging from Europe's banking sector.
Categories: Financial Media

From elites to music lovers, what makes Verbier special?

Thu, 31/07/2014 - 18:03
High in the Swiss alps, Verbier music festival draws some of the world's most accomplished musicians. So what makes it so special? Michael Roddy takes his iPhone to find out.
Categories: Financial Media

Russia an own goal for Adidas?

Thu, 31/07/2014 - 17:29
Adidas cuts its 2014 outlook and scales back its 2015 targets, citing concerns over Russia and its golf business. Coming just weeks after Adidas snatched Manchester United's kit sponsorship from Nike, Joel Flynn asks what the rivalry between the two companies reveals about the sportswear market.
Categories: Financial Media

Argentina default clouds market horizon

Thu, 31/07/2014 - 17:01
Argentina's debt default raises the prospect of the Latin American economy sinking further into recession - a worry weighing on sentiment in European markets. As Joanna Partridge reports, the default - Argentina's second in 12 years - came after last minute talks with holdout creditors failed.
Categories: Financial Media

Diageo's 2014: not a vintage year

Thu, 31/07/2014 - 17:00
Diageo earnings disappoint after a slowdown in China and volatility in other emerging markets - but the drinks-making giant is promising it'll serve up something better next year, according to CEO Ivan Menezes. David Pollard reports
Categories: Financial Media

Breakingviews: BES bail-in a real risk

Thu, 31/07/2014 - 11:30
BES made a 3.8 bln euro first-half loss and warned of illegal activity. The central bank suspended key staff, but sourcing capital from private investors is now much harder, says Breakingviews.
Categories: Financial Media

Pain and gain from strong euro – Continental CFO

Thu, 31/07/2014 - 11:00
The strong euro is hurting sales but helping on costs, says Continental CFO Wolfgang Schaefer.
Categories: Financial Media

Sony CEO pressured by investors, and a legacy

Thu, 31/07/2014 - 10:35
Sony CEO Kazuo Hirai has picked new executives and strategies to cement the tech giant's turnaround, but some say he shouldn't be too quick to discard the past. Yonggi Kang reports.
Categories: Financial Media