Rueters Business News

Reuters: Business News

An Alabama jury awarded $151.8 million to a young man paralyzed in 2015 rollover accident involving a Ford Explorer sport utility vehicle, Ford and lawyers in the case said on Sunday.

2/17/2019 2:41:08 PM

Russian lender Gazprombank has decided to freeze the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of the bank falling under U.S. sanctions, a Gazprombank source told Reuters on Sunday.

2/17/2019 1:12:51 PM

Qatar wants to attract more sports companies to the Gulf state, aiming to develop a $20 billion sports sector ahead of the 2022 World Cup, a senior official said on Sunday.

2/17/2019 7:59:16 AM

Airbus said on Sunday it would have to make "difficult decisions" about future investment if Britain crashes out of the European Union without a deal, adding it had already spent tens of millions of euros in preparations.

2/17/2019 7:30:27 AM

Qatar's Doha Tower, a spike-tipped cylinder that glows orange at night, won an award when finished in 2012 amid a Gulf-wide real estate boom, but today about half of its 46 floors are empty.

2/16/2019 11:50:35 PM

A Nissan Motor governance committee will recommend the appointment of an external director as board chairman, a role distinct from company chairman, in a move to decentralize power at the top level, the Nikkei business daily reported on Sunday.

2/16/2019 9:14:50 PM

Canadian Foreign Minister Chrystia Freeland said on Saturday she had made clear in a meeting with U.S. House of Representatives Speaker Nancy Pelosi at the Munich Security Conference the importance of the U.S. lifting tariffs on steel and aluminum imports from Canada.

2/16/2019 1:48:46 PM

A Russian court on Saturday ordered Michael Calvey, the U.S. founder of one of Russia's biggest private equity firms accused of fraud, to be kept in custody until April 13.

2/16/2019 9:29:29 AM

A Moscow court has ordered Baring Vostok's founder Michael Calvey to be kept in custody until April 13.

2/16/2019 7:09:05 AM

Chinese ride-hailing giant Didi Chuxing is planning to take on U.S. rival Uber in some of Latin America's fastest-growing markets, recruiting managers in Chile, Peru and Colombia, according to job postings and a company official.

2/16/2019 6:35:11 AM