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Reuters Business
Dec 08, 2019

Asian stocks pulled higher by Wall Street jobs rally but China caution prevails
Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China's economy due to the prolonged Sino-U.S. trade war.

Reuters Business
Dec 08, 2019

Oil prices stumble on weak China exports hangover
Oil prices fell on Monday after data showing China's overall exports of goods and services shrank for a fourth straight month, sending shivers through a market already concerned about damage being down to global demand by the Sino-U.S. trade war.

Reuters Business
Dec 08, 2019

Mexico accepts U.S. steel demand in USMCA trade deal, but with conditions
Mexico would accept a U.S. demand on steel in the United States-Mexico-Canada Agreement if the rule took effect at least five years after the trade pact's ratification, Mexican Foreign Minister Marcelo Ebrard said on Sunday.

Reuters Business
Dec 08, 2019

Global financial watchdogs take aim at Big Tech's data dominance
Google, Alibaba and other "Big Tech" companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition.

Reuters Business
Dec 08, 2019

Capital One is a banking-peer bargain, even with recent gains: Barron's
Shares of Capital One Financial Corp could climb significantly if investors look beyond its well-known credit card arm to see the bank within it, according to Barron's Dec. 7 edition.

Reuters Business
Dec 08, 2019

Mexico accepts U.S. steel demand in USMCA, with conditions
Mexican Foreign Minister Marcelo Ebrard said on Sunday that Mexico would accept a U.S. proposal regulating steel in the United States-Mexico-Canada Agreement, but only if the rule took effect at least five years after the pact's ratification.

Reuters Business
Dec 08, 2019

As Fed reiterates rate pause, forecasts likely to be blown off course
Friday's booming U.S. jobs report should give the Federal Reserve all it needs to stick to its plan not to cut interest rates further in the near future, so when U.S. central bankers meet this week, most of the focus will be on their outlook for next year and beyond.

Reuters Business
Dec 08, 2019

U.S. banks' reluctance to lend cash may have caused repo shock: BIS
The unwillingness of the top four U.S. banks to lend cash combined with a burst of demand from hedge funds for secured funding could explain a recent spike in U.S. money market rates, the Bank for International Settlements said.

Reuters Business
Dec 08, 2019

Britain's Tesco considers Asia exit
Britain's biggest retailer, Tesco , has signaled a further retreat from its once lofty global ambitions by starting a review of its remaining Asian businesses, which could result in a sale of those Thai and Malaysian operations.

Reuters Business
Dec 08, 2019

Britain's Tesco reviews Thai, Malaysian business for possible sale
Britain's biggest supermarket chain Tesco said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale.

Reuters Business
Dec 08, 2019

Jeff Bezos says Amazon wants to work more with the Pentagon
Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself.

Reuters Business
Dec 08, 2019

VW's German plants need to shape up, says production chief
Volkswagen's German plants need to boost efficiency to match overseas operations, production chief Andreas Tostmann was quoted as saying, targeting 2 billion euros ($2.2 billion) in savings by 2023.

Reuters Business
Dec 08, 2019

Japan's markets watchdog likely to recommend $22 million fine against Nissan: NHK
Japan's markets watchdog will likely recommend soon that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday.

Reuters Business
Dec 08, 2019

Japan's market watchdog to recommend fine against Nissan over false reporting: NHK
Japan's markets watchdog will likely recommend that the financial regulator fine Nissan Motor Co Ltd about 2.4 billion yen ($22 million) over false reporting on its financial statement, public broadcaster NHK reported on Sunday.

Reuters Business
Dec 08, 2019

China copper imports hit 13-month high in November on improved factory activity
China's copper imports rose 12.1% in November from the previous month to their highest in more than a year, as an unexpected improvement in the manufacturing sector drove up demand.

Reuters Business
Dec 08, 2019

China November crude oil imports hit record high as refiners race to use up quotas
China's crude oil imports hit a record high on a daily basis in November, as refiners operated at high run rates to use up annual import quotas.

Reuters Business
Dec 08, 2019

China November exports fall, but import growth hints of recovering demand
China's exports in November shrank for the fourth consecutive month, underscoring persistent pressures on manufacturers from the Sino-U.S. war but growth in imports may be a sign that Beijing's stimulus steps are helping to stoke demand.

Reuters Business
Dec 08, 2019

China November iron ore imports down for second month as top miners ship less
China's iron ore imports fell for a second straight month in November, customs data showed on Sunday, as lower shipments from top miners in Australia and Brazil overshadowed firm demand for the steelmaking ingredient at mills.

Reuters Business
Dec 08, 2019

China's November coal imports slump 19% month-on-month on port curbs
China's coal imports plunged 19% in November from the previous month as tighter import rules at ports curbed shipments towards the year's end.

Reuters Business
Dec 08, 2019

China November exports unexpectedly fall, but imports rebound
China's exports in November shrank for the fourth consecutive month, customs data showed on Sunday, confounding market expectations for a rise and underscoring persistent pressures on manufacturers from the Sino-U.S. trade dispute.

Reuters Business
Dec 07, 2019

China's November trade surplus with U.S. at $24.60 billion vs $26.45 billion in October
China's trade surplus with the United States for November stood at $24.60 billion, Reuters calculation based on Chinese customs data showed on Sunday, easing from the previous month's surplus of $26.45 billion.

Reuters Business
Dec 07, 2019

Mexico, U.S. draw closer to finalizing USMCA: source
U.S. and Mexican negotiators are "very close" to finalizing the United States-Mexico-Canada Agreement, a Washington-based source familiar with the talks said on Saturday, after a top Mexico official said the two sides had made progress on the trade deal.

Reuters Business
Dec 07, 2019

Amazon CEO says wants to work more with Pentagon
Amazon.com Inc founder Jeff Bezos said it would support the U.S. Department of Defense as technology companies vie for more defense contracts and the Pentagon seeks to modernize itself.

Reuters Business
Dec 07, 2019

Mexico, U.S. 'getting close' on finalizing USMCA: Mexican official
Mexico's deputy foreign minister for North America said on Saturday that negotiators were making progress on revisions to the United States-Mexico-Canada Agreement (USMCA) trade deal.

Reuters Business
Dec 07, 2019

Fiat appeals to Europe's top court against $33 million EU tax order
Carmaker Fiat Chrysler has lodged an appeal with Europe's top court against an EU order to pay 30 million euros ($33 million) in Luxembourg back-taxes, seeking to overturn a lower tribunal ruling backing EU antitrust regulators.

Reuters Business
Dec 07, 2019

Ericsson to pay over $1 billion to resolve U.S. corruption probes
Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday.

Reuters Business
Dec 07, 2019

Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims
California's bankrupt power producer PG&E Corp said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the state's modern history.

Reuters Business
Dec 07, 2019

Proxy adviser ISS opposes plan by Hudson's Bay chairman to take firm private
Institutional Shareholder Services said on Friday it recommends shareholders vote against a plan by the chairman of Hudson's Bay Co to take the Saks Fifth Avenue owner private after the bid was topped by an offer from Catalyst Capital Group Inc.

Reuters Business
Dec 06, 2019

Mexico says 'good progress' on trade deal although work remains
Negotiators working to close a new North American trade deal have made "good progress" but many elements are not yet resolved, Mexico's deputy foreign minister said on Friday.

Reuters Business
Dec 06, 2019

Trump calls for World Bank to stop loaning to China
U.S. President Donald Trump on Friday called for the World Bank to stop loaning money to China, one day after the institution adopted a lending plan to Beijing over Washington's objections.

Reuters Business
Dec 06, 2019

Tesla boss Elon Musk wins defamation trial over his 'pedo guy' tweet
Tesla Inc boss Elon Musk emerged victorious on Friday from a closely watched defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.

Reuters Business
Dec 06, 2019

Wall Street Week Ahead: Tariff deadline keeps focus on trade as 2019 draws to close
The stock market looks set to end 2019 the way it began the year -- highly sensitive to headlines from President Donald Trump's global trade war.

Reuters Business
Dec 06, 2019

Musk's defamation win may reset legal landscape for social media
Elon Musk's daring has left its mark on electric cars and rockets, and now experts say the entrepreneur may have reshaped U.S. defamation law with his willingness to defend at a high-stakes trial a lawsuit over an off-the-cuff tweet.

Reuters Business
Dec 06, 2019

Mexico, U.S. discuss 'last issues' in trade pact, faced with new steel demand
Mexico's deputy foreign minister for North America, Jesus Seade, said on Friday that negotiators were dealing with the "last issues" that remain in the United States-Mexico-Canada Agreement (USMCA) trade deal negotiation.

Reuters Business
Dec 06, 2019

Mexico official lauds progress on trade deal but says work remains
Mexico's deputy foreign minister for North America, Jesus Seade, said on Friday that negotiators made "good progress" to close the United States-Mexico-Canada Agreement (USMCA) trade deal, but many elements remained to be resolved.

Reuters Business
Dec 06, 2019

Tesla boss Elon Musk wins defamation trial sparked by 'pedo guy' tweet
Tesla Inc boss Elon Musk emerged victorious on Friday from a defamation trial as a federal court jury swiftly rejected the $190 million claim brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.

Reuters Business
Dec 06, 2019

Ericsson agrees to pay over $1 billion to resolve U.S. corruption probes
Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve probes into corruption, including the bribing of government officials, the U.S. Department of Justice said on Friday.

Reuters Business
Dec 06, 2019

Ericsson agrees to pay over $1 billion to resolve U.S. corruption probe
Swedish mobile telecoms company Ericsson has agreed to pay over $1 billion to resolve a probe into corruption, including bribing of government officials, over many years in countries including China, Vietnam, and Djibouti, the U.S. Department of Justice said on Friday.

Reuters Business
Dec 06, 2019

Tesla boss Elon Musk wins defamation trial over 'pedo guy' tweet
A federal court jury in Los Angeles on Friday found in favor of Tesla Inc boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.

Reuters Business
Dec 06, 2019

Tesla Inc boss Elon Musk wins defamation trial over 'pedo guy' tweet
A U.S. District Court jury in Los Angeles on Friday found in favor of Tesla Inc boss Elon Musk in the defamation lawsuit brought against him by a British cave explorer who Musk had branded a "pedo guy" on Twitter.

Reuters Business
Dec 06, 2019

FAA seeks $3.9 million fine from Boeing for defective parts on 737 NG planes
The Federal Aviation Administration (FAA) said on Friday it seeks to impose a $3.9 million fine on Boeing Co , alleging it failed to prevent the installation of defective parts on about 130 737 NG airplanes.

Reuters Business
Dec 06, 2019

Elon Musk defamation trial goes to jury after plaintiff's lawyer calls him 'billionaire bully'
A federal jury in Los Angeles began deliberating on Friday to decide whether Tesla Inc boss Elon Musk defamed a British cave explorer whose lawyer said the "billionaire bully" should pay at least $190 million for branding his client a "pedo guy" on Twitter.

Reuters Business
Dec 06, 2019

Global stocks rally, dollar gains on robust U.S. jobs data
The dollar rose and global equity markets jumped on Friday after data showed U.S. job growth increased by the most in 10 months in November, putting to rest recession fears and briefly taking the spotlight off contentious U.S.-China trade talks.

Reuters Business
Dec 06, 2019

Wall Street climbs on solid jobs data, trade hopes
Wall Street ended solidly higher on Friday as a strong jobs report and optimism about U.S.-China trade negotiations ahead of an upcoming deadline helped stoke investor risk appetite.

Reuters Business
Dec 06, 2019

FAA proposes fining Boeing $3.9 million for installing defective parts on 737 planes
The Federal Aviation Administration (FAA) said Friday it was seeking a $3.9 million fine from Boeing Co for installing defective parts on about 130 737 airplanes.

Reuters Business
Dec 06, 2019

Saudi delivers deeper cuts as OPEC oil producers back new pact
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin

Reuters Business
Dec 06, 2019

Trump will make final call on China tariffs, likes direction of talks: Kudlow
Top White House economic adviser Larry Kudlow said on Friday that a Dec. 15 deadline is still in place to impose a new round of U.S. tariffs on Chinese consumer goods, but President Donald Trump likes where trade talks with China are going.

Reuters Business
Dec 06, 2019

Amazon websites could be added to USTR's 'Notorious Markets' list: WSJ
The Trump administration is considering putting some of Amazon.com Inc's overseas websites on a list of global marketplaces known for counterfeit goods, the Wall Street Journal reported on Friday, citing people familiar with the matter.

Reuters Business
Dec 06, 2019

Strong U.S. job growth showcases economy's resilience
U.S. job growth increased by the most in 10 months in November as the healthcare industry boosted hiring and production workers at General Motors returned to work after a strike, the strongest sign yet the economy is in no danger of stalling.

Reuters Business
Dec 06, 2019

3M exploring $1 billion sale of drug delivery systems unit: Bloomberg
Industrial conglomerate 3M Co is exploring a sale of its drug delivery systems unit, which could fetch around $1 billion, Bloomberg reported on Friday, citing people with knowledge of the matter.

Reuters Business
Dec 06, 2019

Elon Musk defamation trial in homestretch, jury may get case Friday
Elon Musk arrived on Friday at a federal court in Los Angeles looking relaxed in a dark-colored suit, as a trial over whether the Tesla founder defamed a British cave explorer with tweets suggesting he was a pedophile approached its end.

Reuters Business
Dec 06, 2019

U.S. agencies looking into Goldman-1MDB settlement below $2 billion: Bloomberg
Goldman Sachs Group Inc could end up paying less than $2 billion to resolve criminal and regulatory probes over its role in raising money for scandal-ridden Malaysian investment fund 1MDB, Bloomberg reported on Friday, citing three people familiar with the negotiations.

Reuters Business
Dec 06, 2019

Bumper jobs data, upbeat trade tone push Wall Street higher
U.S. stocks jumped on Friday as a strong jobs report and upbeat comments from President Donald Trump on trade talks with China breathed new life into markets after a roller-coaster week.

Reuters Business
Dec 06, 2019

Deutsche Bank staffers cleared but bank fined in money laundering case
Frankfurt prosecutors have dropped an investigation into two Deutsche Bank employees accused of aiding tax evasion through a former Virgin Islands unit, although they have fined the lender for compliance lapses.

Reuters Business
Dec 06, 2019

U.S. lawmaker says Uber must take action after disclosing sexual assault reports
The chairman of the House Transportation and Infrastructure Committee urged Uber Technologies Inc to take action after the company disclosed on Thursday it received over 3,000 reports of sexual assault related to its 1.3 billion rides in the United States last year.

Reuters Business
Dec 06, 2019

Stocks rally, dollar gains on robust U.S. jobs data
The dollar rose and global equity markets rallied on Friday after data showed U.S. job growth increased by the most in 10 months in November, putting to rest fears of recession and briefly taking the spotlight off the U.S.-China trade talks.

Reuters Business
Dec 06, 2019

Saudi, Russia push through deeper new oil cuts
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin

Reuters Business
Dec 06, 2019

Bayer reaches agreement to postpone more glyphosate lawsuits for settlement talks
Germany's Bayer has agreed with plaintiffs to postpone its next two U.S. lawsuits over the alleged cancer-causing effects of its glyphosate-based weed killers to allow more time for talks on a settlement.

Reuters Business
Dec 06, 2019

Wall Street jumps after bumper jobs data, upbeat tone on trade
U.S. stocks advanced on Friday as a strong jobs report and upbeat comments from President Donald Trump on trade talks with China breathed new life into markets after a roller-coaster week.

Reuters Business
Dec 06, 2019

Strong U.S. job growth highlights economy's resilience
U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' GM.N payrolls and the healthcare industry boosted hiring, the strongest sign yet the economy was not in danger of stalling.

Reuters Business
Dec 06, 2019

Aston Martin not actively pursuing new investors as opens SUV plant
Aston Martin , which was reported this week to be the target of Canadian billionaire Lawrence Stroll, said it was not actively pursuing new investors on Friday as it opened a new factory to build its first sport utility vehicle.

Reuters Business
Dec 06, 2019

Instant View: U.S. Nov payrolls up by most in 10 months
U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' payrolls and the healthcare industry stepped up hiring, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.

Reuters Business
Dec 06, 2019

Exclusive: China's SenseTime expects $750 mln 2019 revenue despite U.S. ban - sources
Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million, two sources familiar with the matter said.

Reuters Business
Dec 06, 2019

Trade war goes digital: countries eye tariffs on Internet economy
A 20-year global moratorium on imposing tariffs on digital trade could end next week if India or South Africa makes good on threats, according to trade officials and documents, potentially forcing people to pay duties on software and movie downloads.

Reuters Business
Dec 06, 2019

Saudi, Russia win over oil producers to deeper cuts
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin

Reuters Business
Dec 06, 2019

What deeper OPEC oil output cuts mean for the market
OPEC and allied oil producers plan deeper oil output cuts to help avert oversupply and support prices in the first quarter of 2020.

Reuters Business
Dec 06, 2019

Futures jump after stronger-than-expected November jobs data
U.S. stock index futures jumped on Friday, after data showed domestic job growth rose by the most in 10 months in November, adding to an upbeat mood after President Donald Trump said the trade talks with China were "moving right along".

Reuters Business
Dec 06, 2019

Exclusive: China's SenseTime expects $750 million 2019 revenue despite U.S. ban: sources
Chinese artificial intelligence (AI) start-up SenseTime, which Washington put on a trade blacklist in October, expects its 2019 revenue to increase by more than 200% year-on-year to around $750 million, two sources familiar with the matter said.

Reuters Business
Dec 06, 2019

U.S. nonfarm payrolls increase by the most in 10 months
U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' payrolls and the healthcare industry stepped up hiring, confirming that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.

Reuters Business
Dec 06, 2019

Aston Martin CEO says shareholders in it for the long-term, not soliciting participation
Aston Martin's two major shareholders are in it for the long term and the company is not actively soliciting participation, the firm's boss said on Friday after a media report said Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake.

Reuters Business
Dec 06, 2019

Aston Martin opens new factory to build key first SUV
Aston Martin opened a new factory in Wales on Friday which will build the British automaker's first sport utility vehicle, key to its hopes of a turnaround after a poor performance this year sent shares tumbling.

Reuters Business
Dec 06, 2019

Saudi Aramco shares to start trading December 11: Tadawul exchange
Saudi Aramco shares will start trading on Dec. 11, the Saudi securities exchange Tadawul said in a statement on Friday.

Reuters Business
Dec 06, 2019

Fed voters a less-hawkish bunch in 2020, lowering bar for U.S. rate cut
The bar for cutting U.S. interest rates may get a little lower next year when a new crop of central bankers rotate into voting spots on the Federal Reserve's policy-setting panel as part of its annual membership reshuffle.

Reuters Business
Dec 06, 2019

OPEC agrees to 500,000 bpd additional cut, to meet in March: sources
OPEC and allied oil producers, the so-called OPEC , have agreed to deepen their output cuts by 500,000 barrels per day, sources said on Friday.

Reuters Business
Dec 06, 2019

As United Airlines seals CEO succession plan, eyes turn to American
With United Airlines Holdings Inc unveiling on Thursday plans for industry veteran Scott Kirby to take the helm as chief executive officer next year, investors are turning to succession plans at another carrier: American Airlines Group Inc .

Reuters Business
Dec 06, 2019

H&M's brand COS to test clothing rentals in China with YCloset
H&M , the world's second-biggest fashion group, said on Friday its brand COS had teamed up with Chinese subscription rental platform YCloset to try renting out clothes in the country as environmentally conscious consumers rein in purchases.

Reuters Business
Dec 06, 2019

Exclusive: China's Dongfeng plans partial sale of PSA stake - sources
China's Dongfeng Motor will likely trim its stake in Peugeot owner PSA after hiring banks to study options, people close to the matter said, in a move that could ease the French carmaker's planned merger with Fiat Chrysler .

Reuters Business
Dec 06, 2019

China-built Tesla cars secure new energy vehicle subsidies
Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker's push into the world's biggest auto market.

Reuters Business
Dec 06, 2019

Jurors expected to begin deliberating in Elon Musk defamation trial
Jurors were expected to begin deliberating in Los Angeles on Friday in the lawsuit brought against Elon Musk by a British cave explorer who says the Tesla founder defamed him with tweets suggesting he is a pedophile.

Reuters Business
Dec 06, 2019

Saudi, Russia look to seal deeper output cuts with oil producers
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin

Reuters Business
Dec 06, 2019

Britain's Phoenix to buy Swiss Re's ReAssure business for $4.1 billion
Phoenix Group Holdings has agreed to buy the British business of Swiss Re for 3.2 billion pounds ($4.1 billion) in cash and shares, the UK insurer's biggest deal to date, driving the two companies' shares higher.

Reuters Business
Dec 06, 2019

China-built Tesla cars recommended for subsidies: ministry
China's industry ministry has placed Chinese-built Tesla Inc. Model 3 cars on a list of vehicles recommended to receive subsidies for new energy vehicles, a move that will help the U.S. firm's push into the world's biggest auto market.

Reuters Business
Dec 06, 2019

Saudi, Russia look to seal deeper output cuts with producers
By Shadia Nasralla, Olesya Astakhova and Bozorgmehr Sharafedin

Reuters Business
Dec 06, 2019

SoftBank's Son sticks with gut-led investing in chat with Alibaba's Ma
Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp's founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc's co-founder Jack Ma.

Reuters Business
Dec 06, 2019

'Moving right along'? Shares nudge up after Trump trade talk
World shares ticked up on Friday, buoyed by comments from U.S. President Donald Trump that talks aimed at dialling down the damaging trade war with China were "moving right along".

Reuters Business
Dec 06, 2019

Phoenix to buy Swiss Re's ReAssure unit for $4.1 billion
Insurance group Phoenix Group Holdings said it had agreed to buy the British unit of Swiss Re AG for 3.2 billion pounds ($4.1 billion) in cash and shares, its biggest deal to date.

Reuters Business
Dec 06, 2019

JPMorgan banker testifying for cartel prosecutors says there was no agreement
A prosecution witness in an Australian criminal cartel case against Citigroup Inc and Deutsche Bank AG said on Friday that the banks never colluded, but that he helped a regulator build its case to get immunity.

Reuters Business
Dec 06, 2019

SoftBank's Son cleaves to guts-led investing in chat with Alibaba's Ma
Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp's founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc's co-founder Jack Ma.

Reuters Business
Dec 06, 2019

Italy's Atlantia interested in relaunch not rescue of Alitalia: paper
Italy's Atlantia is still interested in supporting the relaunch, and not the rescue, of ailing carrier Alitalia [CAITLA.UL], the chairman of the infrastructure group said in an interview on Friday.

Reuters Business
Dec 06, 2019

Indonesia fines Garuda after CEO fired over smuggled Harley Davidson
Indonesia will fine flag carrier PT Garuda Indonesia for violating aviation rules after its chief executive was accused of smuggling a Harley Davidson motorbike onboard a new plane, state news agency Antara cited the transport minister as saying.

Reuters Business
Dec 06, 2019

Asian shares up as trade optimism lingers, oil firm on OPEC output cut
Asian stocks gained on Friday as investors took heart from U.S. President Donald Trump saying trade talks with China were "moving right along", and U.S. oil prices sat near 2-1/2-month highs after OPEC and other producers agreed to cut output.

Reuters Business
Dec 06, 2019

Returning General Motors workers seen boosting U.S. November payrolls
U.S. job growth likely accelerated in November as former striking workers returned to General Motors' payrolls, which would confirm that the economy remained on a moderate expansion path despite a prolonged manufacturing slump.

Reuters Business
Dec 05, 2019

Labor group accuses Google of illegally firing workers to stifle unionism
The Communications Workers of America union filed a federal labor charge against Alphabet Inc's Google on Thursday, accusing the company of unlawfully firing four employees to deter workers from engaging in union activities.

Reuters Business
Dec 05, 2019

Chinese defy Hong Kong's protest gloom in hunt for bargain stocks
Chinese investors more than doubled their Hong Kong stocks purchases this year, braving market headwinds from violent street protests and the protracted Sino-U.S. trade war, which have battered the Asian financial hub's economy.

Reuters Business
Dec 05, 2019

JPMorgan banker says he spent a year meeting regulator in Australian cartel case
A senior JPMorgan Chase & Co banker spent over a year in meetings with the Australian antitrust regulator before signing a statement that would be used to bring criminal cartel charges against two rival banks and their executives, a court heard on Friday.

Reuters Business
Dec 05, 2019

Asian shares gain as Trump fuels trade deal optimism, oil firm on OPEC output cut
Asian stocks gained on Friday as investors took heart from U.S. President Donald Trump saying trade talks with China were "moving right along", and U.S. oil prices sat near 2-1/2-month highs after OPEC and other producers agreed to cut output.

Reuters Business
Dec 05, 2019

Labor group accuses Google of firing four to deter workers from union activities
The Communications Workers of America union filed a federal labor charge against Alphabet Inc's Google on Thursday, accusing the company of unlawfully firing four employees to deter workers from engaging in union activities.

Reuters Business
Dec 05, 2019

Asian shares firm, oil near two-month high after deeper output cut
Asian stocks held firm on Friday as U.S. President Donald Trump's rhetoric kept investors' hopes up on a trade deal with China, while oil sat near two-month highs after producers led by Saudi Arabia and Russia agreed on further output cuts.

Reuters Business
Dec 05, 2019

Uber says it received over 3,000 reports of sexual assault in U.S. in 2018
Ride-hailing firm Uber Technologies Inc on Thursday said it had received more than 3,000 reports of sexual assault, including rape, related to its trips in the United States in 2018, at a time when it operated roughly 1.3 billion rides.

Reuters Business
Dec 05, 2019

Factbox: Alphabet's 'Other bets' in focus as Google's Pichai takes helm
Google Chief Executive Officer Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, heralding a new chapter for the company that helped reshape the global tech industry under its co-founders Page and Sergey Brin.

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