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Updated: 6 hours 15 min ago

Ride-hailing firm Lyft Inc files for IPO

Thu, 12/06/2018 - 6:49am
Ride-hailing company Lyft Inc on Thursday filed with the U.S. Securities and Exchange Commission for an initial public offering, ending months of speculation about the timing of its much-awaited market debut.

No delay to UK parliament's Brexit vote despite report of warning to May

Thu, 12/06/2018 - 6:46am
Parliament's vote on British Prime Minister Theresa May's Brexit deal will go ahead on Dec. 11, her office said on Thursday, despite a newspaper report ministers had sought a delay to prevent a defeat so big it might bring down the government.

U.S. appeals court to hear arguments to stop AT&T purchase of Time-Warner

Thu, 12/06/2018 - 6:29am
The U.S. Justice Department goes before an appeals court on Thursday to urge a three-judge panel to overturn a lower court ruling and order wireless carrier AT&T Inc to undo its $85.4 billion purchase of entertainment company Time Warner, one of the largest media mergers ever.

French authorities fear 'great violence' as yellow vest anger endures

Thu, 12/06/2018 - 6:18am
French authorities are worried that another wave of "great violence" and rioting will be unleashed in Paris this weekend by a hard core of several thousand 'yellow vest' protesters, an official in the French presidency said on Thursday.

French finance minister: prepared to step up tax cuts, spending cuts

Thu, 12/06/2018 - 6:17am
French Finance Minister Bruno Le Maire said on Thursday that he was always prepared to step up the government's tax cutting plans as long as they were accompanied by spending cuts.

Fed up with Facebook, U.S. fund managers look for alternatives

Thu, 12/06/2018 - 6:13am
Facebook Inc's losses are becoming other companies' gains.

Volkswagen to cut another $3.4 billion in costs to boost margins

Thu, 12/06/2018 - 6:10am
Volkswagen announced another 3 billion euros ($3.4 billion) of cost cuts on Thursday in an effort to speed up an improvement in profit margins at its core VW brand.

EPA to roll back carbon rule on new coal plants

Thu, 12/06/2018 - 6:02am
The Trump administration is expected on Thursday to roll back an Obama-era rule that requires new coal plants to capture their carbon emissions, a move that could crack open the door in coming years for new plants fired by the fossil fuel.

It's my deal, no deal or no Brexit at all: UK PM May

Thu, 12/06/2018 - 5:49am
Prime Minister Theresa May said on Thursday that British lawmakers faced a choice ahead of a vote on her Brexit deal: approving her deal or facing an exit with no deal or even the reversal of Brexit.

France's CGT union calls 48-hour energy strike in support of yellow vests

Thu, 12/06/2018 - 5:42am
France's hard-left CGT trade union on Thursday called on its energy industry workers to walk out for a 48 hours from Dec. 13, saying it wanted to join forces with 'yellow vest' protesters.

Top Huawei executive arrested on U.S. request, clouding China trade truce

Thu, 12/06/2018 - 5:37am
The daughter of Huawei's founder, a top executive at the Chinese technology giant, was arrested in Canada and faces extradition to the United States, roiling global stock markets as it threatened to inflame Sino-U.S. trade tensions afresh.

Arrest of Huawei 'heiress' throws rare spotlight on family

Thu, 12/06/2018 - 5:37am
Like many top Chinese executives, Meng Wanzhou is a mysterious figure even in her home country, but the 46-year-old chief financial officer of Huawei Technologies had been widely tipped to one day take the helm of the tech giant her father founded.

UK PM May talking to ministers and lawmakers ahead vote on Brexit deal: spokeswoman

Thu, 12/06/2018 - 5:36am
British Prime Minister Theresa May is talking to ministers and lawmakers ahead of a crucial vote in parliament on her Brexit deal on Dec. 11, her spokeswoman said.

Explainer: Who is China's Huawei Technologies and why is it controversial?

Thu, 12/06/2018 - 5:35am
The arrest in Canada of Meng Wanzhou, a top executive at China's Huawei Technologies Co Ltd and daughter of the founder and CEO, jolted the global business community on Thursday and raised fears that a truce in the U.S.-China trade war could come to a swift end.

Oil's sharp price drop fuels questions for stock market

Thu, 12/06/2018 - 5:25am
U.S. stock investors are wary that a 30 percent slump in oil prices will pressure corporate profits while also presenting a sign of weakness in global growth at a time they are already weighing when the long economic expansion will end.

Exclusive: In Malta, a private accountant’s government job sparks controversy

Thu, 12/06/2018 - 5:17am
A private accountant who set up offshore companies for two senior political figures in Malta was given a government consultancy in recent years worth nearly 60,000 euros per year, documents obtained by Reuters show.

UK parliament vote on Brexit deal will go ahead on Dec. 11 - House of Commons leader

Thu, 12/06/2018 - 5:12am
The British parliament's vote on Prime Minister Theresa May's Brexit deal will go ahead as planned on Dec. 11, the leader of the House of Commons, Andrea Leadsom, said on Thursday.

Facebook CEO backed sharing customer data despite second thoughts: documents

Thu, 12/06/2018 - 5:10am
Facebook Chief Executive Mark Zuckerberg questioned the business case for giving millions of outside software developers wide access to customer data before endorsing the practice in 2012, according to internal emails published on Wednesday.

Wells Fargo reform plans fail to satisfy Fed after scandals: sources

Thu, 12/06/2018 - 5:10am
The Federal Reserve has rejected Wells Fargo & Co's plans to prevent further consumer abuses and told the scandal-plagued lender it needs stronger checks on management, according to three people with knowledge of the discussions.

Former President George H.W. Bush to be remembered at Houston funeral

Thu, 12/06/2018 - 5:04am
Former U.S. President George H.W. Bush will be mourned on Thursday at the Houston church where he worshipped for many years, a final public farewell before his remains are taken by train to their resting place at his Texas presidential library.