Business & Finance News
LONDON (Reuters) – Uber will hear on Tuesday if a bid to overturn a ruling stripping it of its license to operate in London, its biggest European market, has succeeded after it said its corporate culture and practice had changed.
WASHINGTON (Reuters) – U.S. President Donald Trump’s tariffs on Chinese imports mostly shield consumers by targeting supply-chain components – but lurking inside the tariff lists are some surprises, from Google Nest thermostats to vaping devices to equipment used by aspiring rock stars.
(Reuters) – U.S. President Donald Trump on Monday slammed Harley-Davidson Inc after the motorcycle maker said it would move production for European customers overseas to avoid retaliatory tariffs that could cost it up to $100 million per year.
MELBOURNE (Reuters) – Chinese telecommunications equipment maker Huawei Technologies Co Ltd is the biggest corporate sponsor of overseas travel for Australian politicians, the Australian Broadcasting Corp reported on Tuesday, citing exclusively obtained research.
(Reuters) – Wells Fargo & Co will pay more than $5.1 million to settle U.S. Securities and Exchange Commission charges it improperly pushed retail customers to actively trade complex investments in order to generate higher fees.
NEW YORK (Reuters) – An escalating trade dispute between the United States and other leading economies battered U.S. stocks on Monday, sending the S&P 500 and Nasdaq to their steepest losses in more than two months.
(Reuters) – The U.S. Securities and Exchange Commission on Monday said Wells Fargo Advisors LLC agreed to pay more than $5.1 million to settle charges of misconduct in the sale of so-called market-linked investments to retail investors.
NEW YORK (Reuters) – An escalating trade dispute between the United States and other leading economies battered U.S. stocks on Monday, driving benchmark indexes lower by around 2 percent to their steepest losses in more than two months.
CHICAGO (Reuters) – From global manufacturers such as Harley-Davidson Inc to small tech startups, companies are scrambling to rework supply chains built for an era of stable, open trade policy that is now under threat.
BOSTON (Reuters) – A former State Street Corp executive engaged in “bait-and switch” by promising to charge several of the bank’s clients low fees to execute billions of dollars of trades before secretly applying commissions to them, a U.S. prosecutor said on Monday.
OTTAWA (Reuters) – Bank of Canada Governor Stephen Poloz is under pressure to justify another rate hike or risk credibility by changing course, with a clear-cut case for higher rates endangered by a raging trade war with the United States.
(Reuters) – CBS Corp on Monday expanded its streaming agreement with National Football League to include mobile devices and extended the rights through the 2022 season, the media company said.
WASHINGTON/BRUSSELS (Reuters) – Financial watchdogs from North America, Britain and Asia are urgently seeking a formal exemption from the European Union’s tough new data privacy law to avoid hampering cross-border investigations, regulatory officials told Reuters.
WASHINGTON (Reuters) – Sales of new U.S. single-family homes increased more than expected in May as transactions in the South surged to near an 11-year high and dampened prices, but the overall housing market remained constrained by a dearth of properties for sale.
LONDON/FRANKFURT (Reuters) – BMW would have to close its Mini and Rolls-Royce plants in Britain if Brexit seriously disrupts its supply chain, an executive at the German carmaker told the Financial Times.
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