Business & Finance News
WASHINGTON (Reuters) – The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the U.S. central bank’s shift from policies used to battle the 2007-2009 financial crisis and recession.
WASHINGTON (Reuters) – The Federal Reserve raised interest rates on Wednesday, a move that was widely expected but still marked a milestone in the U.S. central bank’s shift from policies used to battle the 2007-2009 financial crisis and recession.
PARIS (Reuters) – Renault boss Carlos Ghosn faces another nail-biting salary vote when the French government, the carmaker’s largest shareholder, is expected to oppose his 7.4 million euro ($8.7 million) 2017 payout at Friday’s annual shareholder meeting.
(Reuters) – U.S. stocks were little changed on Wednesday, ahead of a widely expected interest rate hike by the Federal Reserve, with focus on its guidance on the economy and monetary policy.
BERLIN (Reuters) – Volkswagen was fined 1 billion euros ($1.18 billion) over diesel emissions cheating in what amounts to one of the highest ever fines imposed by German authorities against a company, public prosecutors said on Wednesday.
LONDON (Reuters) – Angry WPP shareholders rebelled on Wednesday at an annual meeting dominated by differences over the departure of the advertising firm’s former chief executive Martin Sorrell.
DUBAI/ABU DHABI (Reuters) – Etihad Airways is exploring options with Boeing to cancel or defer orders for 777X jets worth billions of dollars in a fresh sign of the carrier’s financial strains and potentially squeezing Boeing’s newest model, four sources familiar with the matter said.
BERLIN (Reuters) – Volkswagen has been fined 1 billion euros ($1.18 billion) by public prosecutors in Germany over diesel emissions cheating and said it will accept the fine, therefore admitting responsibility for the scandal.
(Reuters) – U.S. stocks inched higher on Wednesday, as investors awaited a widely expected interest rate hike by the Federal Reserve and its guidance on the monetary policy.
WASHINGTON/LONDON (Reuters) – U.S. President Donald Trump and Iran exchanged sharp words over oil prices on Wednesday, with Trump blaming OPEC for high oil prices and Tehran accusing him of stoking volatility after he withdrew last month from a global nuclear arms deal with Iran.
WASHINGTON (Reuters) – Facebook is installing new controls it says will better inform its members about the way companies are targeting them with advertising, the latest step to quell a public outcry over the company’s mishandling of user data.
WASHINGTON (Reuters) – The White House will try to derail an effort in the U.S. Congress to block the Trump administration’s deal to allow ZTE Corp, China’s No. 2 telecommunications equipment maker, to resume doing business with American suppliers, the Wall Street Journal reported on Wednesday.
(Reuters) – Twenty First Century Fox Inc’s shares rose 8 percent to a record-high on Wednesday as an approval for AT&T’s buyout of Time Warner Inc spurred speculation that Comcast Corp would proceed with an offer for most of the media company’s assets.
BRASILIA (Reuters) – Brazil’s antitrust regulator on Wednesday approved the $80 billion merger of gas group Linde AG and Praxair Inc, as long as the companies go ahead with an undisclosed asset sale plan.
DETROIT (Reuters) – Top officials of Fiat Chrysler Automobiles NV and the United Auto Workers (UAW) union conspired to violate U.S. labor laws, federal prosecutors alleged in a court document, saying a former executive at the automaker knew bribes paid to union leaders were designed to “grease the skids” in labor negotiations.
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