Articles by Reuters

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Microsoft overtakes Amazon as second most valuable U.S. company

Amazon's shares dropped 7 percent, the most in nearly three years after its holiday season sales outlook missed targets.

Oct 27, 2018

Oil prices drop as focus shifts to oversupply

Brent crude futures were down 51 cents, or 0.7 percent, at $76.38 a barrel by 0331 GMT. The global benchmark is on course for a weekly loss of over 4 percent.

Oct 26, 2018

Trade war to drag on Singapore economy, central bank says

Singapore, a global trading hub and financial center, is seen as a bellwether for the global economy because its exports equate to around 200 percent of its output.

Oct 26, 2018

Singapore scrutinises UBS, DBS, Falcon over 1MDB transactions - sources

UBS targets American wealth for growth as investment bank shines

The new targets come as geopolitical jitters and trade tensions have put pressure on its main business, with its wealth management division suffering from clients trading less.

Oct 25, 2018

Twitter ad sales surge in third quarter, shares jump

Twitter is fighting for its reputation by cutting and blocking fake users, but the toll on traffic is undermining faith in is ability to grow.

Oct 25, 2018

How Mohammed bin Salman is revolutionizing Saudi Arabia

Saudis trumpet $56 billion deals as conference ends amid partial boycott

More than two dozen top officials and executives from the United States and Europe boycotted the investment conference over the killing of Khashoggi inside the Saudi consulate.

Oct 25, 2018

donald-trump-denies-sending-white-nationalist-dog-whistle

Trump appoints Chatterjee to head energy regulation panel

Chatterjee served as FERC's acting head for several months last year before Kevin McIntyre was sworn in as the chairman of the agency in December.

Oct 25, 2018

Hyundai Motor union stages first full strike in 12 years

Hyundai Motor Q3 net profit dives 68 percent on U.S. recall costs

That missed a SmartEstimate of 831 billion won, according to Refinitiv data.

Oct 25, 2018

Chinese state-owned automaker FAW Group gets $144 billion credit line

The credit line is part of a government plan to revitalise the economies of China's northeastern provinces.

Oct 25, 2018

Tesla shares jump as Musk delivers quarterly profit, cash

While still below the production target it set for June of 5,000 Model 3s per week, the roughly 4,300 Model 3s the company is now averaging per week were enough to boost results.

Oct 25, 2018

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India's SC says only Euro VI compliant vehicles to be sold from April 2020

No vehicle that can only use Bharat Stage IV fuel will be sold and registered across the country after April 1, 2020.

Oct 24, 2018

South Korea's LG Display says trade wars weigh on global panel business

LG Display ranks second by unit shipments in the large LCD panel market after China's BOE Technology Group Co Ltd, according to IHS Markit data released this month.

Oct 24, 2018

Mood is subdued at Saudi forum under shadow of Khashoggi death

The excitement in 2017 turned to shock a few days later when Prince Mohammed used the Ritz as a five-star prison for Saudi princes, ministers and tycoons accused of corruption.

Oct 24, 2018

An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China July 4, 2018.

Oil edges up on looming Iran sanctions, but U.S.-China trade war caps gains

Front-month Brent crude oil futures were trading at $79.88 a barrel at 0248 GMT, 10 cents above their last close.

Oct 22, 2018

A ComfortDelgro taxi passes Uber and Grab offices in Singapore March 26, 2018.

Uber to appeal Singapore's competition watchdog decision on Grab deal

Uber sold its Southeast Asian business to bigger regional rival Grab in March in exchange for a 27.5 percent stake in the Singapore-based firm.

Oct 22, 2018

CBS interim chairman resigns from board because of ill health

The source added it was a full sale and neither FCA nor the Agnelli family, FCA's top shareholder, would keep a stake after the deal.

Oct 22, 2018

Japan to tell Facebook to improve data protection

Facebook has said personal data of nearly 87 million users was improperly accessed by Cambridge Analytica.

Oct 22, 2018

Facebook

Brexit negotiations: Four biggest issues

UK firms near point of no return for Brexit contingency plans, CBI warns

The CBI stated that eighty percent of the firms said Brexit had already had a negative impact on their investment decisions.

Oct 21, 2018

Indonesia: Minister Wiranto says ASEAN remains Indonesia's foreign policy priority

Indonesia to renegotiate fighter jet deal with S.Korea to ease FX burden

President Joko Widodo had communicated the plan to President Moon Jae-in during his visit to South Korea in September.

Oct 21, 2018

Trump, Europeans call Saudi account of Khashoggi death inadequate

The Khashoggi case has caused international outrage and frayed political and business ties between Western powers and U.S. ally Saudi Arabia, the world's No.1 oil exporter.

Oct 21, 2018

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