Reuters: Business News

Reuters News
  1. Goldman Sachs gets approval for Saudi equities trading license
    DUBAI/RIYADH (Reuters) - Goldman Sachs received approval on Sunday to trade equities in Saudi Arabia, joining the growing band of western investment banks and fund managers expanding in the kingdom.
    ...
  2. Bankruptcy fight over Oncor to test Warren Buffett's discipline
    (Reuters) - Warren Buffett takes pride in naming his price to buy a company, and not paying a nickel more. But the largest U.S. natural gas distribution utility, an unyielding hedge fund, and a Delaware bankruptcy judge now present one of the biggest...
  3. Britain will not exclude possible EU oversight of UK borders after Brexit
    LONDON (Reuters) - Britain will not rule out the possibility that the European Union may retain oversight of customs controls at UK borders after it leaves the bloc, as the country seeks ways to keep unhindered access to EU markets following...
  4. U.S. did not detail request for auto rules of origin at NAFTA talks: source
    WASHINGTON (Reuters) - In the opening NAFTA session of talks, the United States did not give precise details of how much it wanted to boost North American content for autos, a source directly familiar with the negotiations said on Saturday.
    ...
  5. India's Infosys approves up to $2 billion buyback of shares
    MUMBAI (Reuters) - India's second-biggest IT firm Infosys said on Saturday it will buy back shares worth up to 130 billion rupees ($2 billion), a day after Vishal Sikka resigned as chief executive after a long-running feud with the company's founders....
  6. Shift from non-GAAP bottom lines could be good for stock prices
    SAN FRANCISCO (Reuters) - Investors worried about lofty stock-market valuations may take comfort in signs that companies in the benchmark S&P 500 index are padding their bottomlines less than they have in previous years.
    ...
  7. Former UAW official charged in Fiat Chrysler payoff probe
    (Reuters) - A former senior official at the United Auto Workers trade union was charged on Friday with conspiring with other union officials to accept improper payments from Fiat Chrysler Automobiles NV officials over a four-year period.
    ...
  8. Exclusive: Citigroup tops bank group for Petrobras unit IPO - source
    SAO PAULO (Reuters) - Citigroup Inc and seven other banks will underwrite the initial public offering of PetrĂ³leo Brasileiro SA's fuel distribution unit, which will likely occur in November, a person with direct knowledge of the plan said.
    ...
  9. Summer rumblings could herald a stormy fall for U.S. stocks
    NEW YORK (Reuters) - The Trump-fed rally in stocks, lately showing signs of faltering as the long Wall Street summer nears its end, faces a key test in the weeks ahead with the approach of a historically unkind season for equities and a clutch of...
  10. Stability concerns focus at Fed ahead of Yellen speech
    WASHINGTON (Reuters) - The stock market's steady rise, still low long-term bond yields and a sagging dollar are girding the Fed's intent to raise interest rates again this year despite concerns about weak inflation, according to comments this week from...

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