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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: 24 min 48 sec ago

Breakingviews: Investors get a ringside seat on China reform

1 hour 7 min ago
April 17 - The $37 billion merger of CITIC Group and its listed subsidiary will give investors an unprecedented glimpse into the inner workings of China's state-owned giants, says Breakingviews' John Foley.
Categories: Financial Media

NY Auto Show: High style and hybrid hopes

5 hours 38 min ago
April 16 - Toyota hits the reset button on the Camry, the best selling sedan in America, giving it a sportier edge. On the high end, Alfa Romeo makes its first return to the American spotlight in two decades and others sharpen their attack on Tesla as the New York International Auto Show kicks off. Lily Jamali reports.
Categories: Financial Media

S&P 500 back in the money for 2014

6 hours 12 min ago
April 16 - Summary: Stocks rally across the board with Federal Reserve Chair Janet Yellen hinting rates will continue to stay low and better-than-expected data out of China; Google, IBM profits disappoint. Conway G. Gittens reports.
Categories: Financial Media

Yellen signals rate hikes could be two years away

Wed, 16/04/2014 - 23:00
April 16 - Federal Reserve Chair Janet Yellen says policymakers are prepared to keep interest rates low as long as unemployment remains high and inflation tame, but both of those are expected to gradually return to normal. Conway G. Gittens reports.
Categories: Financial Media

Tesco CEO defies pressure to quit

Wed, 16/04/2014 - 19:31
Apr 16 - Tesco's CEO Philip Clarke says he has no intention of standing down but will see through his "bold" plan to rebuild the world's third-largest retailer. (Rough cut - no reporter narration)
Categories: Financial Media

Ukraine tension hurts Russian economy

Wed, 16/04/2014 - 19:15
Apr 16 - The Russian economy shrank in the first three months of this year, and Russian money has fled abroad due to the Ukraine crisis. As Joanna Partridge reports, Russia is looking to spend at home rather than abroad due to geopolitical risks.
Categories: Financial Media

Breakingviews: The why in Yahoo

Wed, 16/04/2014 - 19:01
April 16 - As Chinese internet giant Alibaba, about a quarter of which is owned by Yahoo, prepares to go public, Breakingviews columnists wonder if the U.S. company's earnings will much matter anymore.
Categories: Financial Media

Bank of America legal hangover lingers

Wed, 16/04/2014 - 18:05
April 16 - Bank of America posted a surprise quarterly loss, sending shares lower, as the bank sets aside a bigger-than-expected $6 billion stockpile to cover legal expenses. Conway G. Gittens reports.
Categories: Financial Media

Strategy questions at Credit Suisse

Wed, 16/04/2014 - 17:56
Apr 16 - Credit Suisse's sharp drop in first-quarter net profit has raised questions about its investment banking strategy. But as Joanna Partridge reports the bank's European peers are expected to repeat the pattern.
Categories: Financial Media

Change of diet helps crocodile business

Wed, 16/04/2014 - 17:02
Apr.16 - Crocodile farming has been a challenge in Zimbabwe in recent years do the economic collapse and the financial crisis. But as Ciara Sutton reports one of Europe's biggest suppliers of skins to the luxury market has come up with an unusual survival strategy - vegetarian food.
Categories: Financial Media

BlackBerry: the crash that launched 1,000 start-ups

Wed, 16/04/2014 - 14:00
April 16 - Tech start-ups in BlackBerry’s hometown of Waterloo, Ontario are tapping talent from the struggling smartphone company and filling the void left in the region by its meltdown. Reuters correspondent Euan Rocha visits the region that could become Canada’s Silicon Valley.
Categories: Financial Media

Beacons of hope: Spain’s lighthouses open for business

Wed, 16/04/2014 - 13:45
April 16 - With public debt at 95% of GDP, Spain is inviting investors to bid for its lighthouses to convert them into boutique hotels. In Finisterre, Galicia, O Semaforo is already a tourist destination.
Categories: Financial Media

Identity theft slams U.S. taxpayers

Wed, 16/04/2014 - 13:22
Tax time has become extra stressful in recent years for the millions of Americans who discover identity thieves have filed returns and pocketed refunds in their names. Colette Luke reports.
Categories: Financial Media

Breakingviews: Tesco promises big but delivery is doubtful

Wed, 16/04/2014 - 11:35
April 16 - Tesco's CEO touts a big and bold plan. He needs one, says Breakingviews, given poor trading and increased competition. But his proposals are vague and investors should stay sceptical.
Categories: Financial Media

Asia Day Ahead: Can Japan's consumers cope with a tax hike?

Wed, 16/04/2014 - 09:00
April 16 - The final snapshot of consumer sentiment before a tax hike took effect will shed light on how Japan's shoppers are taking higher prices, while tech giants TSMC and ZTE are set to report earnings.
Categories: Financial Media

Positive China growth surprise smooths way for reforms -HSBC

Wed, 16/04/2014 - 08:16
April 16 - A slightly better than forecast Q1 GDP growth figure will give Chinese policymakers more wiggle room as they press ahead with critical changes to the economy, according to HSBC economist John Zhu.
Categories: Financial Media

In the Boardroom: Women win in Renzi’s corporate rejig

Wed, 16/04/2014 - 03:30
April 16 - Italy’s Prime Minister Matteo Renzi has appointed 500 board members and senior management to over 70 state-controlled companies. Boardroom expert Lucy Marcus examines what impact it will have.
Categories: Financial Media

GM CEO Mary Barra unveils new safety unit

Wed, 16/04/2014 - 03:18
April 15 - General Motors' CEO Mary Barra tells auto industry insiders that she is creating a new global product integrity organization within her company, aimed at preventing safety and quality issues at the heart of a recall linked to at least 13 deaths. Conway G. Gittens reports.
Categories: Financial Media

Will price cuts at Tesco restore profits?

Wed, 16/04/2014 - 03:13
Apr 16 - Tesco is to slash millions of pounds off prices in an attempt to win back customers after a second year of falling profit. As Ciara Sutton reports the pressure is on chief executive Philip Clarke.
Categories: Financial Media

Google Glass for sale

Wed, 16/04/2014 - 01:41
April 15 - Google Glass goes on sale to the public for the first time Tuesday, but for just one day. Analysts say the one-day availability fits into Google's strategy of trying to correct past missteps as it prepares for a widespread launch. Lily Jamali reports.
Categories: Financial Media