Latest News

Tesco to cut 1,700 shop floor jobs

The UK's biggest supermarket aims to make £1.5bn in cost savings by 2020.

Amazon opens a supermarket with no checkouts

Amazon opens its first grocery store without cashiers to shoppers in Seattle on Monday.

IMF: Global economic outlook is bright

The IMF's economic forecast says prospects for the global economy have picked up, especially for Europe and Asia.

Betting shares tumble on report of cut to machine stakes

William Hill and Ladbrokes are hit by suggestions that the maximum bet on machines could be slashed.

Vauxhall: Unite union chief in 'frank exchange' with PSA

Union leader Len McCluskey and the boss of the car company's owner PSA say Monday's talks were "frank".

Breakingviews TV: Grain pain M&A

ADM is mulling a bid for rival Bunge to create a $30 bln trading house. Antony Currie and John Foley explain why poor returns driven by a grain glut are prompting consolidation talk, and why farmers, regulators and rivals may force a switch to bite-size deals.

Halliburton's revenue surges 50 pct.

Revenue at oil services giant Halliburton grew in every region and in both drilling and production. As Fred Katayama reports, its CEO was upbeat about its outlook.

Davos: Europe readies riposte to Trump's "America First"

European leaders will be out in force at the World Economic Forum in Davos this week to defend multilateralism before U.S. President Donald Trump arrives to deliver his "America First" message. As Sonia Legg reports, politicians, business chiefs, bankers and celebrities will meet in the Swiss Alps under the banner "Creating a Shared Future in a Fractured World" for the four-day gathering against an unsettling global backdrop.

Stocks shrug off U.S. shutdown, dollar dips

World stocks and U.S. bond markets on Monday shrugged off a government shutdown in Washington, although the dollar pulled back as the euro continued its strong start to the year. Kate King reports.

Popular News

Pakistan's PM says confident GE will fix "technical" issues with gas turbines

ISLAMABAD, Jan 22 (Reuters) - Prime Minister Shahid Khaqan Abbasi said on Monday that some of General Electric's flagship new gas turbines in Pakistan were still suffering from technical issues such as "vibration" but he was confident the American company will fix the problems.

UPDATE 1-UK government under fire for leaving finance sector in dark on Brexit

LONDON, Jan 22 (Reuters) - Business leaders have criticised Britain's government for its failure to publish a long-delayed paper on the future of its financial services industry after Brexit.

U.S. grocer Tops taps Evercore for debt restructuring advice -sources

Jan 22 (Reuters) - U.S. grocer Tops Markets LLC has tapped investment bank Evercore Inc for advice on how to tackle its debt load, people familiar with the matter said on Monday, in the latest sign of financial distress facing some food retailers.