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ChannelReuters: Business News    
RSS File: http://feeds.reuters.com/reuters/businessNews/
Description: 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.
  • Emirates' Clark says Rolls-Royce needs to sort itself out after engine delays      Fri, 22 Nov 2019 10:27:12 -0500
    The board of Rolls-Royce must urgently address its engine performance problems, the head of Dubai's Emirates said, as the world's largest buyer of wide-body jets weighs up who will power its order of Boeing 787 jets.
     
  • Mediaset plans meeting in hope of breaking deadlock with Vivendi      Fri, 22 Nov 2019 10:26:39 -0500
    Italian broadcaster Mediaset will hold a special shareholder meeting to try and reach agreement with Vivendi over its plan to set up a holding company, the Italian firm said on Friday, as the pair head to court to try and resolve their dispute.
     
  • Judge gives Mediaset, Vivendi until Nov. 29 to find accord: sources      Fri, 22 Nov 2019 10:25:59 -0500
    An Italian judge has pushed back to Nov. 29 a deadline to settle a dispute between Italian private broadcaster Mediaset and its number 2 shareholder French media group Vivendi , two legal sources said on Friday.
     
  • AstraZeneca shares rise on early U.S. approval for leukemia drug      Fri, 22 Nov 2019 10:16:59 -0500
    AstraZeneca shares rose 2.7% on Friday after the British drugmaker won earlier-than-expected U.S. regulatory approval for a leukemia drug, in a challenge to rival AbbVie .
     
  • Take Five: A spanner in the global economic works      Fri, 22 Nov 2019 10:15:49 -0500
    Can we have it both ways? For two decades, trade expansion has fueled rapid global economic growth. But with trade volumes contracting at a rate of more than 1% year-on-year and the Sino-U.S trade war nearing its two-year anniversary, world growth will plumb decade-lows next year, the Organisation for Economic Co-Operation and Development predicts.
     
  • Shattered glass: Futuristic design questioned after Tesla Cybertruck launch      Fri, 22 Nov 2019 10:03:06 -0500
    Tesla Inc's launch of its futuristic Cybertruck pickup suffered a setback when its "armoured glass" windows shattered but it was the overall look of the car that worried Wall Street on Friday, sending the company's shares down 6% on Friday.
     
  • U.S. factory and services activity quicken in November: Markit      Fri, 22 Nov 2019 09:53:41 -0500
    U.S. manufacturing output accelerated in November to its fastest pace in seven months and services activity also picked up more than expected, a survey of purchasing managers showed on Friday in a sign of the continued resilience of the U.S. economy in the face of the U.S.-China trade war and other headwinds.
     
  • Aerospace suppliers prepare for prolonged grounding of 737 MAX      Fri, 22 Nov 2019 09:51:44 -0500
    Makers of aircraft parts are making contingency plans for a prolonged grounding of Boeing's 737 MAX, with several expecting the jet's return to service to take longer than the planemaker hopes.
     
  • Explainer: From pig power to cleaner stoves, the world of carbon offsets      Fri, 22 Nov 2019 09:41:30 -0500
    (This Nov. 20 story corrects description of REDD+ projects to show they can also include forest replanting, in paragraph 9, and corrects paragraph 10 to show REDD+ projects gain approval from the UNFCCC)
     
  • Exclusive: Unilever, Henkel and buyout funds eye bids for Coty's $7 billion beauty brands – sources      Fri, 22 Nov 2019 09:39:54 -0500
    Consumer goods giants Unilever and Henkel and buyout funds including Advent and Cinven are exploring bids for some of Coty's top beauty brands in a deal worth up to $7 billion, three sources told Reuters.
     
  • Wall Street opens higher as trade optimism returns      Fri, 22 Nov 2019 09:36:46 -0500
    Wall Street opened higher on Friday as President Donald Trump said a trade deal with China was "potentially very close", adding to optimism triggered by comments from Beijing that it wanted to reach an initial agreement.
     
  • Prosus CEO remains confident in bid for Just Eat      Fri, 22 Nov 2019 09:15:59 -0500
    Technology company Prosus remains confident about its bid for British meal delivery business Just Eat , Chief Executive Bob van Dijk said on Friday, despite an increase in the value of rival Takeaway.com's all-share bid.
     
  • China's Xi says he wants to work out initial trade deal with U.S.      Fri, 22 Nov 2019 09:12:24 -0500
    China wants to work out an initial trade pact with the United States and has been trying to avoid a trade war, President Xi Jinping said on Friday, but is not afraid to retaliate when necessary.
     
  • Trump says we have a deal with China, 'potentially very close'      Fri, 22 Nov 2019 09:11:55 -0500
    U.S. President Donald Trump said on Friday that a trade deal with China is "potentially very close" and that he stands with both the people of Hong Kong and Chinese President Xi Jinping amid massive protests in Hong Kong.
     
  • Exclusive: Sanofi's strategy boss to leave as CEO readies revamp      Fri, 22 Nov 2019 08:22:09 -0500
    Sanofi's most senior strategy boss is set to leave by the end of the month, according to a memo seen by Reuters, in the first major management change under new chief executive Paul Hudson as he shakes up the firm's priorities.
     
  • Bitcoin plummets to a six-month low on China crackdown      Fri, 22 Nov 2019 08:07:32 -0500
    Bitcoin slumped to a six-month low on Friday after China's central bank launched a fresh crackdown on cryptocurrencies, warning of the risks entailed in issuing or trading them.
     
  • South African Airways agrees deal to end eight-day strike      Fri, 22 Nov 2019 08:06:39 -0500
    South African Airways (SAA) reached a deal on wages with two trade unions on Friday to end an eight-day strike that has weighed on the cash-strapped state airline.
     
  • Uber still in the dark on London taxi license renewal, three days before expiry      Fri, 22 Nov 2019 08:03:45 -0500
    Uber is waiting to find out whether its taxi license in London, one of its most important markets, will be renewed, just three days before it is due to expire in the latest stage of a long-running battle with the city's transport regulator.
     
  • Tesla's electric pickup breaks the mould with angular design and armored glass      Fri, 22 Nov 2019 07:36:06 -0500
    Tesla Inc on Thursday unveiled its electric pickup, a truck with a futuristic angular body in gunmetal gray that resembled an armored vehicle and takes aim at the heart of Detroit automakers' profits.
     
  • Factbox: Tesla, Detroit, Amazon-backed Rivian race to electrify pickup trucks      Fri, 22 Nov 2019 07:36:06 -0500
    Tesla Inc debuted its electric pickup truck Cybertruck on Thursday, joining a list of automakers and start-ups that have been working on electrifying pickup trucks - the heart of the Detroit automakers' profits.
     


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