Rueters Business News

Reuters: Business News

TOKYO (Reuters) - U.S. oil futures sank to six-week lows on Monday on expectations that major producers may raise output, while Asian stocks and U.S. share futures gained on signs the United States and North Korea were still working towards holding a summit.

5/28/2018 12:33:20 AM

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe said on Monday he would seek to convince President Donald Trump of the crucial role his country's automakers play in boosting the U.S. economy.

5/27/2018 9:48:12 PM

BEIJING (Reuters) - Qualcomm Inc is expecting to meet this week in Beijing with China's antitrust regulators in a final push to secure clearance for its proposed $44 billion acquisition of NXP Semiconductors NV , three sources told Reuters.

5/27/2018 3:33:25 AM

HONG KONG (Reuters) - Tencent Holdings chairman pledged to advance China's semiconductor industry, saying the blow to ZTE Corp from Washington's ban on U.S. firms supplying telecommunications company was a "wake-up" call, local media reported.

5/26/2018 11:33:43 PM

MONTREAL (Reuters) - Canada's Bombardier Inc on Sunday announced two new longer-range variants of its existing large-cabin Global business jets, which the company expects to generate higher revenues during a time of recovering appetite for corporate planes.

5/27/2018 12:10:45 PM

SINGAPORE (Reuters) - Oil prices fell on Monday, extending even steeper declines from Friday, as Saudi Arabia and Russia said they may increase supplies and as U.S. production gains show no signs of abating.

5/28/2018 1:06:23 AM

SYDNEY (Reuters) - U.S. private equity giant Blackstone Group is seeking to deepen its exposure to Australian commercial property with a A$3.08 billion ($2.3 billion) bid for Sydney-focused company Investa Office Fund (IOF) .

5/27/2018 11:02:05 PM

BERLIN (Reuters) - German carmakers have a moral obligation to refit heavily polluting diesel vehicles on the country's roads, environment minister Svenja Schulze said, but conceded that the government had no legal means to make them do so.

5/27/2018 4:06:33 PM

SYDNEY (Reuters) - Australia said on Monday it was recalling an additional 1.1 million cars fitted with Takata Corp air bags, increasing the size of the country's biggest ever compulsory recall to just under four million cars.

5/27/2018 5:41:25 PM

HONG KONG (Reuters) - Trading in shares of Samsonite International SA was suspended on Monday pending a statement from the world's largest luggage maker, just days after a short seller accused it of questionable accounting practices and poor governance.

5/27/2018 7:32:18 PM