Business News

Trade worries hit world stocks, oil gives back gains

Reuters Biz News - 7 hours 20 min ago
LONDON (Reuters) - World shares fell on Monday, dented by worries over a worsening trade dispute between the United States and other major economies, while oil prices gave up some of the gains made after major exporters agreed a modest production increase.
Categories: Business News

GLOBAL MARKETS-Trade worries hit world stocks, oil gives back gains

Reuters Company News - 7 hours 23 min ago
LONDON, June 25 (Reuters) - World shares fell on Monday, dented by worries over a worsening trade dispute between the United States and other major economies, while oil prices gave up some of the gains made after major exporters agreed a modest production increase.
Categories: Business News

Buzz Aldrin Fights Family for Control of His Space Legacy

WSJ Company News feed - 7 hours 32 min ago
The former astronaut’s children say their father is in mental decline and are asking a Florida court to appoint them his guardians. He says they are after his business, and is suing for “elder exploitation.”
Categories: Business News

Greystar to buy Education Realty for about $4.6 bln including debt

Reuters Company News - 7 hours 35 min ago
June 25 (Reuters) - Greystar Student Housing Growth and Income Fund, an affiliate of Greystar Real Estate Partners, will buy Education Realty Trust Inc, an owner of collegiate housing communities, for about $4.6 billion including debt, Education Realty said on Monday.
Categories: Business News

When a text can trigger a lynching: WhatsApp struggles with incendiary messages in India

Reuters Company News - 7 hours 48 min ago
* Concern incidents could be used to undermine privacvy-advocates
Categories: Business News

UPDATE 3-Ooh!Media buying Adshel as Australia billboard assets M&A heats up

Reuters Company News - 8 hours 15 min ago
* JCDecaux says still in talks with APN on its takeover offer
Categories: Business News

Europe's banks, autos stocks sink as trade dispute deepens

Reuters Company News - 8 hours 22 min ago
LONDON, June 25 (Reuters) - The latest episode in a trade dispute between the United States and other major economies sent European shares further into a funk on Monday with benchmarks down 0.7 to 1.4 percent.
Categories: Business News

Oil prices drop on OPEC's output deal, but markets to stay tight

Reuters Biz News - 9 hours 1 min ago
SINGAPORE (Reuters) - Oil prices fell on Monday as traders factored in an expected 1 million barrels per day (bpd) output increase in the wake of an Organization of the Petroleum Exporting Countries (OPEC) meeting in Vienna last week.
Categories: Business News

UPDATE 4-Oil prices drop on OPEC's output deal, but markets to stay tight

Reuters Company News - 9 hours 2 min ago
* Dip in U.S. drilling, Canadian outage support N.American crude
Categories: Business News

UPDATE 1-UK Stocks-Factors to watch on June 25

Reuters Company News - 9 hours 6 min ago
June 25 (Reuters) - Britain's FTSE 100 index is seen opening 35 points lower at 7,647 on Monday, according to financial bookmakers, with futures down 0.48 percent ahead of the cash market open.
Categories: Business News

KLM, Delta opposed to Capron as head of Air France KLM: media

Reuters Biz News - 9 hours 26 min ago
PARIS (Reuters) - KLM and Delta Airlines have expressed their opposition toward possible plans to name Philippe Capron as the new head of Air France KLM , BFM Business reported on Monday.
Categories: Business News

Italy - Factors to watch on June 25

Reuters Company News - 9 hours 54 min ago
The following factors could affect Italian markets on Monday.
Categories: Business News

UPDATE 1-Australian watchdog appeals to high court on Pfizer's alleged abuse of market power

Reuters Company News - 9 hours 57 min ago
* Competition watchdog seeks ruling on "anti-competitive purpose"
Categories: Business News

Australian watchdog appeals to high court on Pfizer's alleged abuse of market power

Reuters Company News - 10 hours 16 min ago
MELBOURNE, June 25 (Reuters) - Australia's competition watchdog said on Monday it would appeal to the nation's high court for a ruling on whether Pfizer Inc used its market power to limit competition for its cholesterol-lowering drug Lipitor.
Categories: Business News

Poland - Factors to Watch June 25

Reuters Company News - 10 hours 20 min ago
Following are news stories, press reports and events that may affect Poland's financial markets on Monday. ALL TIMES GMT (Poland: GMT + 2 hours):
Categories: Business News

Toshiba says SEC completes accounting probe, no penalty

Reuters Biz News - 10 hours 45 min ago
TOKYO (Reuters) - Japan's Toshiba Corp on Monday said the U.S. Securities and Exchange Commission (SEC) had completed an investigation of its past accounting practices without fining the company.
Categories: Business News

Oil falls on OPEC's deal to raise output, but markets to remain tight

Reuters Biz News - 10 hours 45 min ago
SINGAPORE (Reuters) - Brent crude oil prices fell over 1.5 percent on Monday as traders factored in an expected output increase that was agreed at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna on Friday.
Categories: Business News

UK Stocks-Factors to watch on June 25

Reuters Company News - 10 hours 46 min ago
June 25 (Reuters) - Britain's FTSE 100 index is seen opening 35 points lower at 7,647 on Monday, according to financial bookmakers. * IWG: British serviced office provider IWG said on Saturday that it is evaluating a possible cash offer for the company from private equity firm Terra Firma. * PREMIER FOODS: Shareholder Oasis Management has called for the immediate removal of Premier Foods Chief Executive Gavin Darby, raising the pressure on the company ahead of its annual meeting
Categories: Business News

PRESS DIGEST -Wall Street Journal - June 25

Reuters Company News - 10 hours 46 min ago
June 25 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
Categories: Business News

UPDATE 3-Oil falls on OPEC's deal to raise output, but markets to remain tight

Reuters Company News - 10 hours 50 min ago
* OPEC agrees to raise output to make up for unforeseen disruptions
Categories: Business News

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