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Latest FILE coverage

Exclusive: California utility PG&E explores bankruptcy filing
[ad_1] © Reuters. FILE PHOTO: PG&E crew work to restore harm attributable to the Camp Fire in Paradise By Liana B. Baker, Greg Roumeliotis and Mike Spector (Reuters) – California utility firm PG&E Corp (N:) is exploring filing some or all of its enterprise for bankruptcy safety because it faces billions of {dollars} in liabilities ...

Ex-Credit Suisse bankers arrested on U.S. charges over Mozambique loans By Reuters
[ad_1] © Reuters. FILE PHOTO: The Credit Suisse emblem is pictured on a financial institution in Geneva (Reuters) – Three former Credit Suisse Group AG (S:) bankers have been arrested in London on Thursday on U.S. charges that they took half in a $2 billion fraud scheme involving state-owned corporations in Mozambique, a U.S. official ...

China gains cushion Asian shares after Apple jolt; flash crash hits currencies By Reuters
[ad_1] © Reuters. FILE PHOTO: Pedestrians are mirrored on an digital board displaying stock costs outdoors a brokerage in Tokyo By Andrew Galbraith SHANGHAI (Reuters) – U.S. stock futures fell on Thursday after a uncommon income warning from Apple Inc added to worries about slowing world development, however a transfer by China's central financial inst

Drug companies greet 2019 with U.S. price hikes By Reuters
[ad_1] © Reuters. FILE PHOTO: A person holds pharmaceutical tablets and capsules in illustration image in Ljubljana By Michael Erman NEW YORK (Reuters) – Drugmakers kicked off 2019 with price will increase within the United States on greater than 250 prescribed drugs, together with the world's top-selling medication, Humira, though the tempo of price h

China's Didi launches credit, crowdfunding services in diversification push By Reuters
[ad_1] © Reuters. FILE PHOTO: Logo of Didi Chuxing is seen at its headquarters constructing in Beijing BEIJING (Reuters) – China's Didi Chuxing has launched a set of monetary merchandise, together with crowdfunding and lending, because it continues to diversify outdoors the ride-hailing enterprise following a yr of security scandals. The transfer comes

Big banks look to cut back, alter credit card rewards programs: WSJ By Reuters
[ad_1] © Reuters. FILE PHOTO: JP Morgan Chase & Co. company headquarters in New York (Reuters) – Large monetary establishments together with JP Morgan Chase & Co (N:), Citigroup Inc (N:), and American Express Co (N:) are chopping again or altering among the rewards plans that their credit card companies provide debtors, the Wall Street ...

North Korea's Kim says ready to meet Trump but warns of 'new path' By Reuters
[ad_1] © Reuters. FILE PHOTO: U.S. President Donald Trump and North Korean chief Kim Jong Un stroll after lunch on the Capella Hotel on Sentosa island in Singapore By Hyonhee Shin and Soyoung Kim SEOUL (Reuters) – North Korean chief Kim Jong Un reaffirmed on Tuesday his resolve to fully denuclearize the Korean Peninsula, but ...

After damaging Reuters report, J&J doubles down on talc safety message By Reuters
[ad_1] © Reuters. FILE PHOTO: Bottles of Johnson & Johnson baby powder line a drugstore shelf in New York By Mike Spector and Lisa Girion NEW YORK/LOS ANGELES (Reuters) – Johnson & Johnson (NYSE:) Inc's assertion was unequivocal. "The FDA has tested Johnson's talc since the '70s. Every single time it did not contain asbestos," ...

Asian stocks pin hopes on Sino-U.S. talk, as year ends deep in the red By Reuters
[ad_1] © Reuters. FILE PHOTO: Men have a look at stock citation boards exterior a brokerage in Tokyo By Wayne Cole SYDNEY (Reuters) – Asian stocks crept greater on Monday as hints of progress on the Sino-U.S. commerce standoff offered a uncommon glimmer of optimism in what has been a tough year-end for equities globally. ...

Family of Lion Air co-pilot sues Boeing in Chicago over fatal crash By Reuters
[ad_1] © Reuters. FILE PHOTO: Families and colleagues of passengers and crew of Lion Air flight JT610 throw flowers and petals from the deck of Indonesia Navy ship KRI Banjarmasin as they go to the positioning of the crash to pay their tribute, on the north coast of Karawang CHICAGO (Reuters) – The household of ...

Tesla names close Musk friend Larry Ellison to board By Reuters
[ad_1] © Reuters. FILE PHOTO: A Tesla Model 3 automobile is displayed throughout a media preview on the Auto China 2018 motor present in Beijing By Sonam Rai and Ben Klayman (Reuters) – Tesla (NASDAQ:) Inc on Friday named Oracle Corp (NYSE:) co-founder Larry Ellison, a shareholder and self-described close friend of Chief Executive Elon ...

Japan court extends Ghosn detention by 10 days By Reuters
[ad_1] © Reuters. FILE PHOTO: Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi Alliance, attends a press convention on the second press day of the Paris auto present, in Paris TOKYO (Reuters) – A Japanese court on Sunday prolonged for 10 days the detention of ousted Nissan Motor Co (T:) chairman Carlos Ghosn, who's going ...

VW says diesel scandal cleanup to cost 2 billion euro in 2019: paper By Reuters
[ad_1] © Reuters. FILE PHOTO: Car producers show their wares on the present flooring of the North American International Auto Show in Detroit FRANKFURT (Reuters) – Volkswagen's (DE:) cleanup of a diesel dishonest scandal will cost it 5.5 billion euros ($6.25 bln) in 2018 and round 2 billion euros in 2019, Chief Financial Officer Frank ...

Incoming Campbell Soup CEO Clouse to be paid up to $7.4 million in 2019 By Reuters
[ad_1] © Reuters. FILE PHOTO: The emblem and ticker for Campbell Soup Co. are displayed on a display on the ground of the NYSE in New York By Richa Naidu CHICAGO (Reuters) – Campbell Soup Co (N:) stated on Friday that incoming Chief Executive Mark Clouse, a food business veteran, may be paid as a ...

UBS says Asia's wealthy trade less, cut debt as politics shift By Reuters
[ad_1] © Reuters. FILE PHOTO: The brand of Swiss financial institution UBS at a department workplace in Basel By Brenna Hughes Neghaiwi and Angelika Gruber ZURICH (Reuters) – Wealthy Asian traders are buying and selling much less, anxious that trade tensions are tilting the worldwide stability of energy, Martin Blessing, co-head of wealth administratio

U.S. healthcare stocks drop after judge rules Obamacare unconstitutional By Reuters
[ad_1] © Reuters. FILE PHOTO: An indication on an insurance coverage retailer advertises Obamacare in San Ysidro By Manojna Maddipatla and Daniel Wiessner (Reuters) – Shares of U.S. health insurers, hospitals and healthcare corporations fell on Monday within the aftermath of a ruling by a federal judge in Texas that the Affordable Care Act (ACA), ...

China trade steps seen as good start but leave core U.S. demands untouched By Reuters
[ad_1] © Reuters. FILE PHOTO: Illustration picture of U.S. Dollar and China Yuan notes By David Lawder WASHINGTON (Reuters) – The United States has welcomed Chinese concessions because the two declared a trade battle truce in early December, but trade specialists and other people accustomed to negotiations say Beijing must do much more to fulfill ...