Reuters: Business News

    Oil prices fall on demand concerns as G20 warns of risks to growth


    Oil prices fell on Monday because of increasing concerns about fuel demand after finance ministers and central bank governors from the G20 warned that global economic growth risks have increased amid rising trade and geopolitical tensions. ...

    Oil prices fell on Monday because of increasing concerns about fuel demand after finance ministers and central bank governors from the G20 warned that global economic growth risks have increased amid rising trade and geopolitical tensions.

    Asian stocks ease, dollar near two-week lows on Trump comments


    Asian shares dipped on Monday on fears of more protectionist measures from the United States while the dollar declined against major currencies after U.S. President Donald Trump criticized the Federal Reserve's tightening policy. ...

    Asian shares dipped on Monday on fears of more protectionist measures from the United States while the dollar declined against major currencies after U.S. President Donald Trump criticized the Federal Reserve's tightening policy.

    China launches probe into stainless steel imports from EU, Japan, South Korea, Indonesia


    China's Commerce Ministry said on Monday it has launched an anti-dumping probe into imports of stainless steel billet and hot-rolled stainless steel sheet and plate from the European Union, Japan, South Korea and Indonesia. ...

    China's Commerce Ministry said on Monday it has launched an anti-dumping probe into imports of stainless steel billet and hot-rolled stainless steel sheet and plate from the European Union, Japan, South Korea and Indonesia.

    BOC Aviation to buy 17 Airbus aircraft worth $2.2 billion


    BOC Aviation Ltd said on Monday it would buy 17 new Airbus A320NEO and A321NEO aircraft worth a combined $2.2 billion at list prices. ...

    BOC Aviation Ltd said on Monday it would buy 17 new Airbus A320NEO and A321NEO aircraft worth a combined $2.2 billion at list prices.

    BHP served with class action over Samarco dam failure


    Global miner BHP said on Monday it has been served with a class action proceeding in the Federal Court of Australia regarding the 2015 Samarco dam failure in Brazil. ...

    Global miner BHP said on Monday it has been served with a class action proceeding in the Federal Court of Australia regarding the 2015 Samarco dam failure in Brazil.

    G20 calls for stepped-up trade dialogue; no agreement on path forward


    Global finance leaders called on Sunday for stepped-up dialogue to prevent trade and geopolitical tensions from hurting growth, but ended a two-day G20 meeting with little consensus on how to resolve multiple disputes over U.S. tariff actions. ...

    Global finance leaders called on Sunday for stepped-up dialogue to prevent trade and geopolitical tensions from hurting growth, but ended a two-day G20 meeting with little consensus on how to resolve multiple disputes over U.S. tariff actions.

    Mondelez voluntarily recalls some U.S. Ritz cracker products


    Mondelez Global LLC has voluntarily begun recalling some Ritz Cracker sandwiches and Ritz Bits products over concern that they may include an ingredient tainted with Salmonella. ...

    Mondelez Global LLC has voluntarily begun recalling some Ritz Cracker sandwiches and Ritz Bits products over concern that they may include an ingredient tainted with Salmonella.

    Atos to buy Syntel for about $3.57 billion


    French technology services company Atos SE agreed to acquire Michigan-based Syntel Inc in an all-cash transaction valued at about $3.57 billion, including net debt, the companies said on Sunday. ...

    French technology services company Atos SE agreed to acquire Michigan-based Syntel Inc in an all-cash transaction valued at about $3.57 billion, including net debt, the companies said on Sunday.

    Wall Street braces for tariff fallout as S&P 500 companies report


    Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major industrial companies when a swath of reports comes in over the next week. ...

    Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major industrial companies when a swath of reports comes in over the next week.

    Tariffs removal not needed for E.U., U.S. talks: European Council representative


    The United States' removal of tariffs on steel and aluminum imports is not a necessary precondition for trade talks between the United States and the European Union to begin, the European Council representative to the G20 Hubert Fuchs said on Sunday. ...

    The United States' removal of tariffs on steel and aluminum imports is not a necessary precondition for trade talks between the United States and the European Union to begin, the European Council representative to the G20 Hubert Fuchs said on Sunday.

    EU's Moscovici says trade differences persist after G20 talks


    European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Sunday that differences of position on trade tensions remained after talks among G20 finance ministers in Argentina but the meeting was not tense. ...

    European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Sunday that differences of position on trade tensions remained after talks among G20 finance ministers in Argentina but the meeting was not tense.

    Fiat Chrysler's Marchionne being treated in Zurich's University Hospital


    Fiat Chrysler Chief Executive Sergio Marchionne was being treated in a Zurich hospital on Sunday with a serious illness after suffering complications following shoulder surgery. ...

    Fiat Chrysler Chief Executive Sergio Marchionne was being treated in a Zurich hospital on Sunday with a serious illness after suffering complications following shoulder surgery.

    VW to temporarily park cars due to new emissions testing bottlenecks


    Volkswagen is renting parking spaces from August to stockpile vehicles which cannot be sold due to bottlenecks caused by new engine emissions tests, a spokeswoman said on Sunday. ...

    Volkswagen is renting parking spaces from August to stockpile vehicles which cannot be sold due to bottlenecks caused by new engine emissions tests, a spokeswoman said on Sunday.

    German industry groups warn U.S. on tariffs before Trump-Juncker meeting


    German industry groups warned on Sunday, before European Commission President Jean-Claude Juncker meets U.S. President Donald Trump this week, that tariffs the United States has imposed or is threatening to introduce risk harming America itself. ...

    German industry groups warned on Sunday, before European Commission President Jean-Claude Juncker meets U.S. President Donald Trump this week, that tariffs the United States has imposed or is threatening to introduce risk harming America itself.

    Japan official urges caution over Trump's complaint on strong dollar


    Japan should be careful about recent remarks by U.S. President Donald Trump on currencies and might need to convince Washington its monetary easing is not aimed at weakening the yen but beating deflation, a finance ministry official said on Saturday. ...

    Japan should be careful about recent remarks by U.S. President Donald Trump on currencies and might need to convince Washington its monetary easing is not aimed at weakening the yen but beating deflation, a finance ministry official said on Saturday.

    U.S. courts allies with free trade offers at G20, France resists


    The United States sought to woo Europe and Japan with free trade deals on Saturday to gain leverage in an escalating tariff war with China but its overtures faced stiff resistance from France at a G20 finance ministers meeting dominated by trade...

    The United States sought to woo Europe and Japan with free trade deals on Saturday to gain leverage in an escalating tariff war with China but its overtures faced stiff resistance from France at a G20 finance ministers meeting dominated by trade tensions.

    Fiat Chrysler names Jeep boss to replace stricken CEO Marchionne


    Fiat Chrysler named on Saturday its Jeep division boss Mike Manley to take over immediately from Chief Executive Sergio Marchionne, who is seriously ill after suffering major complications following surgery. ...

    Fiat Chrysler named on Saturday its Jeep division boss Mike Manley to take over immediately from Chief Executive Sergio Marchionne, who is seriously ill after suffering major complications following surgery.

    Factbox: The executives replacing Marchionne at FCA, Ferrari, CNH


    Fiat Chrysler (FCA) said on Saturday that boss Sergio Marchionne, 66, would not be returning to work because he was gravely ill. ...

    Fiat Chrysler (FCA) said on Saturday that boss Sergio Marchionne, 66, would not be returning to work because he was gravely ill.

    Illness ends career of Sergio Marchionne, the CEO who liked to fix things


    Sergio Marchionne bowed out on Saturday as one of the auto industry's most demanding and tenacious chief executives, his health in crisis after a career in which he rescued Fiat and Chrysler, two of its most storied brands. ...

    Sergio Marchionne bowed out on Saturday as one of the auto industry's most demanding and tenacious chief executives, his health in crisis after a career in which he rescued Fiat and Chrysler, two of its most storied brands.

    New Fiat Chrysler boss transformed Jeep brand as company focuses on SUVs


    Fiat Chrysler Automobiles NV's new chief executive Mike Manley, who has overseen the effort to turn Jeep into a global brand, now plans to carry out the parent company's strategy unveiled last month, the company said Saturday. ...

    Fiat Chrysler Automobiles NV's new chief executive Mike Manley, who has overseen the effort to turn Jeep into a global brand, now plans to carry out the parent company's strategy unveiled last month, the company said Saturday.