Rueters Business News

Reuters: Business News

A U.S. judge on Monday affirmed a verdict against Bayer AG unit Monsanto that found its glyphosate-based weed-killers responsible for a man’s terminal cancer, sending the German company's shares down 8 percent.

10/23/2018 1:54:20 AM

South Korea's Lotte Group, whose chairman was released from jail this month, has reset a five-year investment plan just two years after its initial announcement, saying it now aims to spend 50 trillion won ($44.05 billion) through 2023.

10/23/2018 1:29:16 AM

Tesla Inc Chief Executive Elon Musk said Twitter had locked his account thinking it had been hacked.

10/23/2018 1:03:46 AM

Asian shares slumped on Tuesday as a cocktail of negative drivers from Saudi Arabia's diplomatic isolation to fresh worries about trade wars whacked sentiment across the region.

10/23/2018 12:51:46 AM

Mitsubishi Heavy Industries is arranging 220 billion yen ($2 billion) in financial support for its aircraft unit, which has struggled to deliver its first passenger plane, national broadcaster NHK reported on Tuesday.

10/23/2018 12:46:57 AM

Philip Morris International Inc released cheaper versions of its IQOS "heat not burn" products in Japan on Tuesday as it tries to revive sales and ward off competition from other alternatives to conventional cigarettes.

10/22/2018 11:23:09 PM

UBS allows all its staff to travel "freely in and out" of China and it is business as usual there, the Swiss bank said, after local authorities last week asked one of its bankers to delay her departure from Beijing to meet with officials.

10/22/2018 10:46:35 PM

Constellation Brands Inc , the U.S. producer of Corona and Modelo beers, is looking to sell some of its U.S.-based wine brands, in a deal that could be worth more than $3 billion, according to four people familiar with the matter.

10/22/2018 8:28:03 PM

Microchip firm Qualcomm Inc is joining Amazon.com Inc to spread the use of Amazon's Alexa voice assistant in wireless headphones, the companies said on Monday.

10/22/2018 7:10:04 PM

Netflix Inc announced on Monday it will tap debt markets for a second time this year, aiming to raise another $2 billion as the streaming video pioneer invests heavily in production of original shows and content acquisition to fend off intensifying competition.

10/22/2018 5:05:06 PM