LONDON (Reuters) – Move over revenue growth and dividend payouts: it’s time to take your portfolio’s temperature. FILE PHOTO: People are silhouetted against the setting sun at “El Mirador de la Alemana” (The viewpoint of the German), as the summer’s second heatwave hits Spain, in Malaga, southern Spain July 24, 2019. REUTERS/Jon Nazca Policymakers are
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FILE PHOTO: A Volkswagen logo is seen at a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai, China November 8, 2019. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) – Guoxuan High-Tech Co Ltd (002074.SZ) is in talks with Volkswagen AG (VOWG_p.DE) for potential strategic cooperation in technology, product, and capital, the Chinese battery
PARIS/MUNICH (Reuters) – European industrial policy chief Thierry Breton dismissed claims that relying on European companies to build a 5G network would delay its rollout, weighing in on an increasingly tense debate in Germany over the risk posed by China’s Huawei. FILE PHOTO: A logo of the upcoming mobile standard 5G is pictured in Hanover,
Lotte Group Founder Shin Kyuk-ho arrives for a trial at a court in Seoul, South Korea, March 20, 2017. REUTERS/Kim Hong-Ji SEOUL (Reuters) – Lotte Group founder Shin Kyuk-ho, who started manufacturing chewing gum in 1948 in Japan and built the business into South Korea’s No.5 conglomerate with interests ranging from retail to chemicals, died
BERLIN (Reuters) – Around 250 Germans on Saturday protested in the outskirts of Berlin where electric car startup Tesla is planning to build a gigafactory, saying its construction will endanger water supply and wildlife in the area. Demonstrators hold anti-Tesla posters during a protest against plans by U.S. electric vehicle pioneer Tesla to build its
FILE PHOTO: A Lufthansa Airbus A380-800 aircraft lands at Frankfurt Airport in Frankfurt, Germany April 29, 2019. REUTERS/Ralph Orlowski/File Photo BERLIN (Reuters) – German cabin crew union UFO said on Saturday it was planning further strikes at Lufthansa (LHAG.DE) to increase pressure on management after talks with Germany’s largest airline and two potential mediators did
FILE PHOTO: The logo and ticker for Nokia are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid/File Photo (Reuters) – Finland’s Financial Supervisory Authority (FSA) has started an investigation into Nokia’s (NOKIA.HE) sharp profit warning in October which sent its
FILE PHOTO: James P. Gorman, chairman & CEO of Morgan Stanley, testifies before a House Financial Services Committeeon Capitol Hill in Washington, U.S., April 10, 2019. REUTERS/Aaron P. Bernstein/File Photo NEW YORK (Reuters) – Morgan Stanley (MS.N) Chief Executive James Gorman is receiving $27 million in total compensation in 2019, nearly 7% less than what
FILE PHOTO: Logo and flags of Bayer AG are pictured outside a plant of the German pharmaceutical and chemical maker in Wuppertal, Germany August 9, 2019. REUTERS/Wolfgang Rattay (Reuters) – Bayer (BAYGn.DE) could be close to settling more than 75,000 cancer claims related to its Roundup herbicide, with mediator Ken Feinberg on Friday saying he
WASHINGTON (Reuters) – U.S. homebuilding surged to a 13-year high in December as activity increased across the board, suggesting the housing market recovery was back on track amid low mortgage rates, and could help support the longest economic expansion on record. FILE PHOTO: A new apartment building housing construction site is seen in Los Angeles,
BEIJING (Reuters) – China’s economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade war with the United States, and more stimulus is expected this year as Beijing tries to boost sluggish investment and demand. A girl runs past a man as he smokes in Beijing’s central business area,
NEW YORK (Reuters) – As Google-parent Alphabet Inc (GOOGL.O) became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in on the stock’s extraordinary gains. Shares of the Internet search giant are up nearly
WASHINGTON (Reuters) – U.S. retail sales increased for a third straight month in December, with households buying a range of goods even as they cut back on purchases of motor vehicles, suggesting the economy maintained a moderate growth pace at the end of 2019. FILE PHOTO: A woman shops at The Grove mall in Los
BEIJING (Reuters) – China’s Belt and Road investment scheme, which aims to connect Europe with Asia, is sidelining European companies and Brussels should review its competition law to level the playing field, a business lobby group said on Thursday. FILE PHOTO: Container handlers transport containers at the railway port in Yiwu, Zhejiang province, China April
WASHINGTON (Reuters) – He listed familiar grievances, praised and criticized his guests, and seemed to blow off some steam. Chinese Vice Premier Liu He (L) reaches out to U.S. President Donald Trump (R) as he approaches the podium to speak during a signing ceremony for “phase one” of the U.S.-China trade agreement in the East
WASHINGTON (Reuters) – The United States and China announced an initial trade deal on Wednesday that will roll back some tariffs and boost Chinese purchases of U.S. goods and services, defusing an 18-month conflict between the world’s two largest economies. Beijing and Washington have portrayed their “Phase 1” agreement as a momentous step after months
DUBAI (Reuters) – Over the past three years, Abu Dhabi National Oil Company (ADNOC) has expanded its oil and gas business and quietly raised more than $19 billion in a variety of ways. See main story: Staff are seen at the Panorama Digital Command Centre at the ADNOC headquarters in Abu Dhabi, UAE May, 12,
SEOUL (Reuters) – South Korea’s Hyundai Motor Co unveiled the first sport-utility vehicle (SUV) under its Genesis brand on Wednesday, a move analysts said was crucial for the premium marque’s expansion in overseas markets. FILE PHOTO: The Hyundai logo is seen during the first press day of the Paris auto show, in Paris, France, October
WASHINGTON (Reuters) – As U.S. President Donald Trump and Chinese Vice Premier Liu He prepare to sign a “Phase 1” trade deal, new data show that the costs of Trump’s trade wars are proving more widespread, deeper and longer-lasting than previously believed. FILE PHOTO: U.S. President Donald Trump, U.S. Secretary of State Mike Pompeo, U.S.
CHICAGO (Reuters) – When Mehdi Farsi decided to shift production of State Bicycle Co’s niche fixed-gear urban bikes out of China to escape U.S. tariffs, it took months to find another factory in Asia willing to do business with his Arizona company. Gabe Ortiz services one of the company’s products at State Bicycle in Tempe,
WASHINGTON (Reuters) – The U.S. Treasury Department on Monday dropped its designation of China as a currency manipulator days before top officials of the world’s two largest economies were due to sign a preliminary trade agreement to ease an 18-month-old tariff war. FILE PHOTO: A Benjamin Franklin U.S. 100 dollar banknote and a Chinese 100
WASHINGTON (Reuters) – Boeing Co’s (BA.N) new chief executive, David Calhoun, assumed the job on Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model’s worldwide grounding in March. Calhoun, 62, a longtime Boeing director named chairman
HOUSTON (Reuters) – Oil prices fell about 1% on Monday as Middle East tensions eased and investors turned their focus to lackluster seasonal demand following a bearish U.S. report last week showing a large gasoline stockbuild. FILE PHOTO: Grandpuits oil refinery southeast of Paris, France, February 29, 2016. REUTERS/Christian Hartmann/File Photo Brent crude LCOc1 was
SEOUL (Reuters) – Oil prices held steady on Monday as fears of conflict between the United States and Iran eased, with investors shifting their focus to this week’s scheduled signing of an initial U.S.-China trade deal, which could boost economic growth and demand. FILE PHOTO: Grandpuits oil refinery southeast of Paris, France, February 29, 2016.
FILE PHOTO: A Ford model is seen during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 6, 2018. REUTERS/Aly Song SHANGHAI (Reuters) – Ford Motor Co (F.N) said on Monday that its China vehicle sales in 2019 fell 26.1% from a year earlier to 567,854 units,
WASHINGTON (Reuters) – China’s commitments in the Phase 1 trade deal with the United States were not changed during a lengthy translation process and will be released this week as the document is signed in Washington, U.S. Treasury Secretary Steven Mnuchin said on Sunday. FILE PHOTO: Secretary of the Treasury Steven Mnuchin answers questions from
FILE PHOTO: The logo of Saudi Aramco is seen at Aramco headquarters in Dhahran, Saudi Arabia May 23, 2018. Picture taken May 23, 2018. REUTERS/Ahmed Jadallah/File Photo DUBAI (Reuters) – State-owned oil company Saudi Aramco said on Sunday it had exercised its “greenshoe option” to sell an additional 450 million shares, raising the size of
WASHINGTON (Reuters) – Boeing Co has released hundreds of internal messages that contained harshly critical comments about the development of the 737 MAX, including one that said the plane was “designed by clowns who in turn are supervised by monkeys”. The messages, disclosed on Thursday, show attempts to duck regulatory scrutiny with employees disparaging the
FILE PHOTO: Containers are seen at Yantian port in Shenzhen, Guangdong province, China July 4, 2019. Picture taken July 4, 2019. REUTERS/Stringer (Reuters) – The United States and China have agreed to restart semi-annual talks aimed at resolving economic disputes between the two countries, a process abandoned at the start of the Trump administration as
, (Reuters) – Boeing Co has released hundreds of internal messages that show attempts to duck regulatory scrutiny in the development of the 737 MAX, as well as employees disparaging the plane, the company and aviation regulators. The 737 MAX has been grounded since March when one of the jets nose-dived in Ethiopia, just five
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