Reuters: Business News

    Oil rises ahead of OPEC meeting as further output cuts expected


    LONDON (Reuters) - Oil prices rose on Tuesday as traders looked to a meeting next week at which major crude exporters are expected to extend production cuts, though rising U.S. output capped gains. ...

    LONDON (Reuters) - Oil prices rose on Tuesday as traders looked to a meeting next week at which major crude exporters are expected to extend production cuts, though rising U.S. output capped gains.

    World stocks pare gains as German political impasse hits Europe


    LONDON (Reuters) - European stocks opened lower on Tuesday and the euro hit an eight-day low against sterling as a governing crisis in Germany weighed on markets. ...

    LONDON (Reuters) - European stocks opened lower on Tuesday and the euro hit an eight-day low against sterling as a governing crisis in Germany weighed on markets.

    U.S. sues to stop AT&T buying Time Warner, says would hike rates


    WASHINGTON (Reuters) - The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc , saying the deal could raise prices for rivals and pay-TV subscribers while hampering the development of online...

    WASHINGTON (Reuters) - The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc , saying the deal could raise prices for rivals and pay-TV subscribers while hampering the development of online video.

    Broadcom eyes big changes for Qualcomm's patent practices


    SAN FRANCISCO (Reuters) - As part of its $103 billion bid to buy Qualcomm Inc , Broadcom Ltd has hinted that it would make big changes to Qualcomm's patent licensing business, a major cash-cow for the company but a source of bitter conflict with...

    SAN FRANCISCO (Reuters) - As part of its $103 billion bid to buy Qualcomm Inc , Broadcom Ltd has hinted that it would make big changes to Qualcomm's patent licensing business, a major cash-cow for the company but a source of bitter conflict with regulators and key customers including Apple Inc .

    Enel plans to spend more on modernizing mature markets


    MILAN (Reuters) - Italy's biggest utility Enel pledged to spend more upgrading its networks in mature markets, including the United States, to prepare for an era when home appliances will be hooked up to the Internet as well as on clean energy...

    MILAN (Reuters) - Italy's biggest utility Enel pledged to spend more upgrading its networks in mature markets, including the United States, to prepare for an era when home appliances will be hooked up to the Internet as well as on clean energy technology.

    NAFTA nations lock horns on U.S. auto demands as fifth round ends


    MEXICO CITY (Reuters) - Negotiators from the United States, Mexico and Canada square off on Tuesday for the last time in a fifth round of talks to rework the North American Free Trade Agreement, with stalemate brewing on a contentious proposal to ramp up...

    MEXICO CITY (Reuters) - Negotiators from the United States, Mexico and Canada square off on Tuesday for the last time in a fifth round of talks to rework the North American Free Trade Agreement, with stalemate brewing on a contentious proposal to ramp up regional content for autos.

    Honda China JVs to recall 254,650 vehicles starting in January


    BEIJING (Reuters) - Honda Motor Co's joint-venture companies in China will recall a total of 254,650 Honda-brand vehicles starting on Jan. 8, 2018, the Japanese automaker said on Tuesday. ...

    BEIJING (Reuters) - Honda Motor Co's joint-venture companies in China will recall a total of 254,650 Honda-brand vehicles starting on Jan. 8, 2018, the Japanese automaker said on Tuesday.

    SoftBank funding may spur Uber to re-think tough Southeast Asian market


    SINGAPORE(Reuters) - SoftBank Group's multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other ride-hailing assets the Japanese group owns in a consolidation of a rapidly growing business across...

    SINGAPORE(Reuters) - SoftBank Group's multi-billion dollar investment in Uber Technologies Inc opens up the possibility of combining it with other ride-hailing assets the Japanese group owns in a consolidation of a rapidly growing business across Asia, industry sources say.

    Nebraska clears path for Keystone XL pipeline, challenges remain


    LINCOLN, Neb./CALGARY, Alberta (Reuters) - Nebraska regulators approved a route for TransCanada Corp's Keystone XL pipeline through the state on Monday, removing a big regulatory obstacle for the long-delayed project backed by President Donald Trump,...

    LINCOLN, Neb./CALGARY, Alberta (Reuters) - Nebraska regulators approved a route for TransCanada Corp's Keystone XL pipeline through the state on Monday, removing a big regulatory obstacle for the long-delayed project backed by President Donald Trump, but leaving its future shrouded in legal and market uncertainty.

    Marvell Technology to buy rival chipmaker Cavium for $6 billion


    (Reuters) - Chipmaker Marvell Technology Group Ltd said on Monday it would buy smaller rival Cavium Inc for about $6 billion, as it seeks to expand its wireless connectivity business in a rapidly consolidating semiconductor industry. ...

    (Reuters) - Chipmaker Marvell Technology Group Ltd said on Monday it would buy smaller rival Cavium Inc for about $6 billion, as it seeks to expand its wireless connectivity business in a rapidly consolidating semiconductor industry.