Apr 12, 2018 1:55
Walmart is likely to reach a deal to buy a majority stake in Indian e-commerce player Flipkart by the end of June in what could be the U.S. retail giant's biggest acquisition of an online business, two sources exclusively told Reuters. Reuters' Sankalp Phartiyal reporters from Mumbai.
Apr 12, 2018 1:32
Ford's premium Lincoln brand plans to build as many as five new vehicles in China by 2022, according to two U.S. sources, in a move to expand sales in the world's largest vehicle market that would also blunt the impact of U.S-China trade spats.
Apr 11, 2018 1:36
The U.S. Department of Defense has stopped accepting most deliveries of F-35 jets from Lockheed Martin because of a dispute over who will cover costs for fixing a production error found last year on more than 200 of the stealthy jets, three people familiar with the matter said.
Apr 11, 2018 0:53
Former U.S. House Speaker John Boehner - once staunchly opposed to legalizing marijuana - has joined the Board of Advisors of Acreage Holdings, a leading cannabis company.
Apr 11, 2018 1:06
Authorities have raided the offices of several companies related to sports broadcasting across the European Union as part of an antitrust investigation, including a unit of Rupert Murdoch's Fox Network.
Apr 10, 2018 2:06
A Dubai startup is issuing a gold-backed cryptocurrency - part of efforts to convince Muslims that investing in cryptocurrencies complies with their faith.
Apr 6, 2018 1:36
Stocks dropped 2 percent on Friday, with the Dow falling more than 570 points, over concerns that rising trade tensions with China would hit the U.S. economy.
Apr 6, 2018 0:59
Federal Reserve Chairman Jerome Powell says he will likely need to keep raising U.S. interest rates to keep inflation under control.
Apr 6, 2018 0:46
Britain's sugar tax on soft drinks came into effect on Friday, a move that will lead to some higher prices as the country seeks to battle childhood obesity.
Apr 4, 2018 0:37
The world's biggest advertising firm, WPP, is investigating chief executive Martin Sorrell over an allegation of personal misconduct. He denies any wrongdoing.
Apr 3, 2018 1:39
The powerful Federal Reserve Bank of New York has picked John Williams as its next president. A controversial pick because of his lack of Wall Street knowledge and the bank's failure at diversity.
Apr 3, 2018 2:14
Tesla sought to squash any speculation it might need to raise more capital this year on Tuesday, driving the company’s battered shares higher as it announced it built 2,020 of its cheaper Model 3 sedans in the last seven days of March.