Category Archives: Business News

PARIS/ZURICH/LONDON (Reuters) – Sanofi and Novartis said on Wednesday they planned to increase stockpiles of medicines in Britain in preparation for potential disruption if the UK crashes out of the European Union without a deal. FILE PHOTO: The Sanofi logo in front of the entrance of the French drug company’s headquarters in Paris, October 30, […]

(Reuters) – Tesla Inc (TSLA.O) is in talks with authorities in Germany and the Netherlands to build its first major European factory, the Wall Street Journal reported on Monday, citing officials involved in the matter. FILE PHOTO: The Tesla logo is seen at the entrance to Tesla Motors’ new showroom in Manhattan’s Meatpacking District in New […]

NEW YORK (Reuters) – The ability of the U.S. stock market to keep an edge this year over equities elsewhere in the world hinges on the United States maintaining its economic and earnings growth advantage, the strength of the dollar and how global trade tensions resolve, investors said. People walk by a Wall Street sign […]

BUENOS AIRES (Reuters) – The trade relationship between the United States and Europe is improving, German Agriculture Minister Julia Kloeckner said on Saturday, but there is no guarantee the bloc will buy the quantity of soybeans that Washington expects. German Minister of Food and Agriculture Julia Kloeckner speaks at an interview with Reuters during of […]

NEW YORK (Reuters) – Twenty-First Century Fox Inc (FOXA.O) and Walt Disney Co (DIS.N) said on Friday their shareholders voted to approve Disney’s $71 billion purchase of Fox’s film and television assets. The Twenty-First Century Fox Studios flag flies over the company building in Los Angeles, California U.S. November 6, 2017. REUTERS/Lucy Nicholson Results were […]

ZURICH (Reuters) – Former Fiat Chrysler FCHI.MI Chief Executive Sergio Marchionne was having treatment for a serious illness for more than a year before his death on Wednesday, University Hospital Zurich (USZ) said on Thursday. FILE PHOTO: Formula One – F1 – Italian Grand Prix 2017 – Monza, Italy – September 3, 2017 Ferrari president […]

(Reuters) – The Nasdaq Composite hit a record high on Tuesday as Alphabet’s blowout results sparked a rally in high-growth stocks and bolstered expectations of a robust earnings season, while a rise in oil and metal prices boosted energy and material companies. The benchmark S&P 500 index rose to its highest since early February and […]

(Reuters) – U.S. stock indexes treaded water on Monday, as gains in financials were offset by losses in Amazon and industrials, as investors waited for earnings reports from marquee corporations to assess the impact of an escalating U.S.-China trade conflict. Traders work on the floor of the New York Stock Exchange shortly after the opening […]