Business & Finance News
(Reuters) – Amazon.com Inc and Whole Foods Market are making a surgical strike in the already brutal grocery price war.
SHANGHAI/TOKYO (Reuters) – Asian stock markets dipped on Wednesday after Pyongyang abruptly called off talks with Seoul, throwing a U.S.-North Korean summit into doubt, while surging bond yields revived worries about faster U.S. interest rate hikes that could curb global demand.
SHANGHAI (Reuters) – Starbucks Corp is looking to more than triple its revenue and almost double its store count in China over the next five years, doubling down on the market as traffic growth comes under pressure in the United States.
BRASILIA (Reuters) – Brazilian federal prosecutors presented charges against Joesley Batista, a major shareholder in meatpacker JBS SA , another senior executive and a former federal prosecutor accusing them of corruption, money laundering and obstruction of Justice, a source familiar with the matter said on Tuesday.
SHANGHAI (Reuters) – Asian markets fell in early trade on Wednesday after Pyongyang called off talks with Seoul, throwing a major U.S.-North Korean summit into question, and a spike in the U.S. 10-year Treasury yield to a seven-year high knocked sentiment on Wall Street.
(Reuters) – The following are some hot stocks including the so-called FAANG technology stocks – Facebook Inc , Amazon.com , Apple Inc , Netflix Inc and Google parent Alphabet Inc – as well as other companies in which hedge fund managers either took new stakes, adding to or exiting existing positions in the first quarter, filings with the U.S. Securities and Exchange Commission showed on Tuesday.
(Reuters) – The following are some hot stocks including the so-called FAANG technology stocks – Facebook Inc , Amazon.com , Apple Inc , Netflix Inc and Google parent Alphabet Inc – as well as other companies in which hedge fund managers either took new stakes, adding to or exiting existing positions in the first quarter, filings with the U.S. Securities and Exchange Commission showed on Tuesday.
NEW YORK (Reuters) – The investment firm founded and chaired by billionaire George Soros took a stake in Tesla Inc bonds during the first three months of the year, giving the electric carmaker run by Elon Musk a prominent supporter.
LONDON/PARIS/WASHINGTON (Reuters) – They were supposed to be the toughest sanctions the United States had ever imposed on a Russian oligarch. Seventeen days later, Washington watered them down.
WASHINGTON (Reuters) – The Trump administration is moving ahead with plans to submit a series of options for softening fuel efficiency standards to the White House for approval in the coming week, two officials briefed on the matter Tuesday said.
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc on Tuesday said it has more than doubled its investment in generic drugmaker Teva Pharmaceutical Industries Ltd , and confirmed it has become Apple Inc’s second-largest shareholder.
CARACAS (Reuters) – U.S.-based cereal maker Kellogg Co on Tuesday pulled out of Venezuela due to the country’s deep economic crisis, and an angry President Nicolas Maduro said its units would be taken over and given to workers.
(Reuters) – Amazon.com Inc is bringing its grocery store without checkout lines to Chicago and San Francisco, the company said in a statement this week, confirming reports it will expand the concept beyond its pilot in Seattle.
(Reuters) – A surge in U.S. government bond yields to their highest level in almost seven years sent Wall Street shares sliding on Tuesday after strong retail sales data stoked inflation concerns and investors fretted about looming trade talks between the United States and China.
WASHINGTON (Reuters) – U.S. lawmakers on Tuesday rejected any plan by President Donald Trump to ease restrictions on China’s ZTE Corp , calling the telecommunications firm a security threat and vowing not to abandon legislation clamping down on the company.
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