US small businesses worry about trade policy, too

Small business owners trying to break into international markets say US trade policies and the strong dollar affect their ability to export, states a report released Tuesday.
10 May 2017, 18:00 PM

Amazon trounces rivals in battle of the shopping bots

Earlier this year, engineers at Wal-Mart Stores Inc who track rivals' prices online got a rude surprise: the technology they were using to check Amazon.com several million times a day suddenly stopped working.
10 May 2017, 18:00 PM

EU to launch more e-commerce antitrust investigations

The European Union plans to launch more antitrust investigations into e-commerce companies after a two-year inquiry uncovered practices that restrict competition, the European Commission said on Wednesday.
10 May 2017, 18:00 PM

Apple tops $800b market cap for first time

Apple Inc became the first US company to top the $800 billion mark in market capitalization on Tuesday, slightly more than two years after it crossed the $700 billion threshold.
10 May 2017, 18:00 PM

China factory gate inflation slows as commodity prices drop

Factory price inflation eased in April, data showed Wednesday, fuelling concerns about a growth slowdown in the world's number two economy and denting hopes for a pick-up a global reflation.
10 May 2017, 18:00 PM

Preparing for G20 summit is like 'herding cats', says Merkel

Preparing a meeting of the Group of 20 economic powers is like "herding cats", German Chancellor Angela Merkel said on Wednesday as her officials try to reach consensus among the group ahead of a leaders' summit she will host in July.
3 May 2017, 18:00 PM

Apple's dilemma: what to do with $256b cash pile

It is a sign of Apple's success but also a thorny problem: its cash stockpile has hit a staggering $256.8 billion, sparking debate on what do with such massive reserves.
3 May 2017, 18:00 PM

IMF says still need credible debt relief for Greece

Despite an agreement reached Tuesday on a reform package, Europe still needs to provide "credible" debt relief to Greece before the International Monetary Fund can provide more financing, an IMF official said.
3 May 2017, 18:00 PM

JPMorgan set to move hundreds of staff from UK over Brexit

US bank JPMorgan will move hundreds of staff from London to Dublin, Frankfurt and Luxembourg as part of their Brexit plans, the firm's head of investment banking said Wednesday.
3 May 2017, 18:00 PM

US private sector hiring slows in April

Private US companies hired at a slightly slower pace in April, with new employment nearly entirely in the services sector, payroll firm ADP reported Wednesday.
3 May 2017, 18:00 PM

VW confirms forecast after jump start to 2017

German carmaker Volkswagen on Wednesday confirmed its forecasts for 2017 after boosting revenue and profits in the first quarter, even as its emissions cheating scandal continues to make headlines.
3 May 2017, 18:00 PM

Mahindra pulls the plug on electric car sales in UK

Mahindra & Mahindra has stopped selling its electric car in the United Kingdom due to meagre sales and is winding up operations there, according to a document seen by Reuters, in a setback for the Indian automaker's global ambitions.
3 May 2017, 18:00 PM

Oil rebounds from near 2017 lows

Oil prices rebounded from near 2017 lows on Wednesday after preliminary data showed a much larger-than-expected fall in US crude stocks, reviving bullish sentiment about easing oversupply.
3 May 2017, 18:00 PM

Made-in-China passenger jet set to take wing

China is expected this week to conduct the maiden test flight of a home-grown passenger jet built to meet soaring domestic travel demand and challenge the dominance of Boeing and Airbus.
3 May 2017, 18:00 PM

EU nations agree new rules on dumping aimed at China

European Union countries agreed on Wednesday new rules to combat dumping, a move that targets cheap imports of products such as steel from Chinese manufacturers.
3 May 2017, 18:00 PM

China will step up checks on trade, investment in 2017

China will boost authenticity and compliance checks on trade and investment this year, its forex regulator said on Wednesday, and increase checks and punishment on illegal forex activities.
3 May 2017, 18:00 PM

Chinese yuan, Indian rupee forecast to fall over coming year: poll

The Chinese yuan and Indian rupee are expected to weaken against the dollar over the coming year, a Reuters poll found, with the greenback supported by US interest rate hikes, though analysts have trimmed their bearish bets on Asian currencies from the previous poll.
3 May 2017, 18:00 PM

India's 'Diamond City' finds ways to keep its sparkle

With a booming trade in diamond cutting and textile manufacturing, the port city of Surat in India's western state of Gujarat is a melting pot for migrants from across the country seeking work and business opportunities.
3 May 2017, 18:00 PM

Alibaba chief champions UN e-commerce drive for development

Alibaba Executive Chairman Jack Ma said on Tuesday the Internet should be a utility available to the whole world, putting his weight behind a UN call for e-commerce to boost developing economies and help fight poverty.
26 April 2017, 18:00 PM

Mosul businesses start reconstruction without waiting for final IS defeat

Some businessmen in Mosul have begun rebuilding their shattered premises without waiting for financial support from the cash-strapped Iraqi government or for the final defeat of Islamic State in the city.
26 April 2017, 18:00 PM