MEXICO CITY (Reuters) – German carmaker BMW is planning a new major investment in the central Mexican state of San…
Stocks rise for sixth straight session, BOJ speculation lifts yen
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks scored its sixth straight session of gains on…
Airbus withdraws from U.S. FAA Boeing safety culture panel
By David Shepardson WASHINGTON (Reuters) – European planemaker Airbus said it had withdrawn from a U.S. government-named panel reviewing Boeing’s…
U.S. business lobby group lambasts FTC over proposed ban on non-compete clauses
(Reuters) – The U.S. Chamber of Commerce criticized on Thursday a proposed rule of the Federal Trade Commission (FTC) that…
China acquires ‘golden shares’ in two Alibaba units
BEIJING, China (Reuters) -China has acquired minority stakes with special rights in two domestic units of tech giant Alibaba Group…
Big U.S. banks continue to add jobs as Goldman Sachs cuts staff
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) – JPMorgan Chase & Co and Bank of America Corp continued…
EU asks member states for proposals on how to ease state aid rules
BRUSSELS (Reuters) – The European Commission on Friday asked member states for input by Jan. 25 on proposals to ease…
Wall St banks stockpile funds, see uncertain outlook and competition for deposits
By Megan Davies and Lananh Nguyen NEW YORK (Reuters) -Wall Street’s biggest banks stockpiled more rainy-day funds to prepare for…
Oil posts biggest weekly gain since October on China hopes, dollar slump
By Shariq Khan NEW YORK (Reuters) -Oil prices settled more than a dollar a barrel higher on Friday, notching their…
Davos expects record turnout as resumes winter slot
(Reuters) – A record number of business and government leaders will descend on the Swiss resort of Davos next week…