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Trump will make final call on China tariffs, likes direction of talks: Kudlow

Reuters
WASHINGTON (Reuters) – Top White House economic adviser Larry Kudlow said on Friday that a Dec. 15 deadline is still in place to impose a new round of U.S. tariffs on Chinese consumer goods, but President Donald Trump likes where trade talks with China are going. FILE PHOTO: Director of...
Reuters - Business

Bayer reaches agreement to postpone more glyphosate lawsuits for settlement talks

Reuters
FILE PHOTO: The logo of Bayer AG is pictured outside a plant of the German pharmaceutical and chemical maker in Wuppertal, Germany August 9, 2019. REUTERS/Wolfgang Rattay FRANKFURT (Reuters) – Germany’s Bayer (BAYGn.DE) has agreed with plaintiffs to postpone its next two U.S. lawsuits over the alleged cancer-causing effects of...
Reuters - Business

Aston Martin CEO says shareholders in it for the long-term, not soliciting participation

Reuters
An Aston Martin logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy ST ATHAN, Wales (Reuters) – Aston Martin’s two major shareholders are in it for the long term and the company is not actively soliciting participation, the firm’s boss said...
Reuters - Business

Saudi, Russia look to seal deeper output cuts with oil producers

Reuters
(Reuters) – Top oil producers Saudi Arabia and Russia will seek approval for deeper output cuts from OPEC and allies on Friday in an attempt to support prices and head off a new glut building in 2020. The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside...
Reuters - Business

H&M’s brand COS to test clothing rentals in China with YCloset

Reuters
The H&M clothing store is seen in Times Square in Manhattan, New York, U.S., November 15, 2019. REUTERS/Mike Segar STOCKHOLM (Reuters) – H&M (HMb.ST), the world’s second-biggest fashion group, said on Friday its brand COS had teamed up with Chinese subscription rental platform YCloset to try renting out clothes in...
Reuters - Business

Jurors expected to begin deliberating in Elon Musk defamation trial

Reuters
LOS ANGELES (Reuters) – Jurors were expected to begin deliberating in Los Angeles on Friday in the lawsuit brought against Elon Musk by a British cave explorer who says the Tesla (TSLA.O) founder defamed him with tweets suggesting he is a pedophile. FILE PHOTO: Elon Musk walks with his face...
Reuters - Business

SoftBank’s Son cleaves to gut-led investing in chat with Alibaba’s Ma

Reuters
TOKYO (Reuters) – Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp’s founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc’s co-founder Jack Ma. SoftBank Group founder and CEO Masayoshi Son and Alibaba founder and former Chairman...
Reuters - Business

SoftBank’s Son cleaves to guts-led investing in chat with Alibaba’s Ma

Reuters
TOKYO (Reuters) – Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp’s (9984.T) founder and CEO Masayoshi Son reiterated his belief in an instinct-led investing style, in a discussion with Alibaba Group Holding Inc’s (BABA.N) co-founder Jack Ma. SoftBank Group founder and CEO Masayoshi Son and Alibaba founder and...
Reuters - Business

Labor group accuses Google of illegally firing workers to stifle unionism

Reuters
SAN FRANCISCO (Reuters) – The Communications Workers of America union filed a federal labor charge against Alphabet Inc’s (GOOGL.O) Google on Thursday, accusing the company of unlawfully firing four employees to deter workers from engaging in union activities. FILE PHOTO: The Google logo is pictured at the entrance to the...
Reuters - Business

Labor group accuses Google of sacking workers to deter unionism

Reuters
FILE PHOTO: The Google logo is pictured at the entrance to the Google offices in London, Britain January 18, 2019. REUTERS/Hannah McKay SAN FRANCISCO (Reuters) – The Communications Workers of America union filed a federal labor charge against Alphabet Inc’s Google on Thursday, accusing the company of unlawfully firing four...
Reuters - Business

GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio

Reuters
WARREN, Mich. (Reuters) – General Motors Co (GM.N) and South Korea’s LG Chem (051910.KS) said on Thursday they will invest $2.3 billion to build an electric vehicle battery cell joint venture plant in Ohio, creating one of the world’s largest battery facilities. The plant, to be built near GM’s closed...
Reuters - Business

Boeing says 737 MAX approval delays could hit production

Reuters
SEATTLE (Reuters) – Significant additional regulatory requirements or delays in returning Boeing Co’s 737 MAX to commercial service could cause it to cut or temporarily halt production of the aircraft, it said in an Oct. 18 letter released on Thursday. FILE PHOTO: Aerial photos showing Boeing 737 Max airplanes parked...
Reuters - Business

Huawei mounts legal challenge against FCC over rural carrier customers

Reuters
SHENZHEN, China (Reuters) – China’s Huawei mounted a legal challenge against the U.S. Federal Communications Commission (FCC) on Thursday after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program. The FCC last month voted unanimously to designate Huawei Technologies...
Reuters - Business

Airbus faces delivery challenge, poised to win jet order race

Reuters
PARIS (Reuters) – Airbus (AIR.PA) must hand a record number of aircraft to customers in December to meet delivery goals, company data showed on Thursday, and is all but certain of winning an annual order race against Boeing. FILE PHOTO: An Emirates Airline Airbus A380-800 takes off from Dubai International...
Reuters - Business

Billionaire Lawrence Stroll seeks big stake in Aston Martin: report

Reuters
LONDON (Reuters) – Canadian billionaire Lawrence Stroll, owner of Formula One team Racing Point, is preparing a bid for a major stake in Aston Martin (AML.L), Autocar magazine reported, sending the luxury sports car maker’s battered shares up 17% on Thursday. Aston Martin, the drive of choice for fictional British...
Reuters - Business

GM, LG Chem set $2.3 billion electric vehicle battery venture in Ohio

Reuters
WARREN, Michigan (Reuters) – General Motors Co (GM.N).and South Korea’s LG Chem (051910.KS) said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world’s largest battery facilities. FILE PHOTO: A view of the entrance to...
Reuters - Business

GM, LC Chem set $2.3 billion electric vehicle battery venture in Ohio

Reuters
WARREN, Michigan (Reuters) – General Motors Co (GM.N).and South Korea’s LG Chem (051910.KS) said on Thursday they will invest $2.3 billion to set up an electric vehicle battery cell joint venture plant in Ohio, creating one of the world’s largest battery facilities. FILE PHOTO: A view of the entrance to...
Reuters - Business

BP increases stake in solar energy firm Lightsource BP

Reuters
FILE PHOTO: The logo of BP is seen at a petrol station in Kloten, Switzerland October 3, 2017. REUTERS/Arnd Wiegmann/File Photo LONDON (Reuters) – BP (BP.L) is increasing its stake in solar energy developer Lightsource BP to 50% from 43% and is aiming for rapid growth over the next few...
Reuters - Business

Musk defamation trial may head to jury after billionaire and diver spar in court

Reuters
LOS ANGELES (Reuters) – Elon Musk’s defamation trial could be in the hands of jury by the end of Thursday after the billionaire and the diver who is suing him sparred over the meaning and impact of a “pedo guy” tweet at the heart of the case. Elon Musk walks...

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