LONDON (Reuters) – Oil giants including Exxon Mobil and Royal Dutch Shell risk spending more than a third of their budgets by 2025 on oil and gas projects that will not be feasible if international climate targets are to be met, a thinktank says.
SEOUL (Reuters) – Global electronics makers are scrambling to stock up on memory chips to keep production lines running as Apple Inc’s new iPhone 8 launch later this year threatens to worsen a global squeeze on supply.
SYDNEY/LONDON (Reuters) – As BHP Billiton fends off the attention of Elliott Management, activist funds are targeting other Australian firms, shaking up a corporate culture that has long favored quiet chats over splashy headlines.
SAN FRANCISCO/WASHINGTON (Reuters) – The outlook for inflation and the future of financial stability are emerging as dueling concerns at the heart of a debate at the U.S. central bank over how fast to proceed on future interest-rate hikes.
DETROIT (Reuters) – Whirlpool Corp , the world’s largest maker of home appliances, said on Tuesday that Jeff Fettig will step down on Oct. 1 after 13 years as chief executive and will be replaced by the firm’s current chief operating officer, Marc Bitz…
SAN FRANCISCO (Reuters) – Cisco Systems Inc’s core networking business on Tuesday took its first step into the market of subscription services, announcing a suite of new security and automation tools for big businesses.
NEW YORK (Reuters) – A federal judge on Tuesday faulted the U.S. Consumer Financial Protection Bureau’s apparent “indifference” toward how to distribute money left over from its 2015 settlement with Sprint Corp over unauthorized customer charges.
NEW YORK/HONG KONG (Reuters) – China’s stocks took a major step toward global acceptance on Wednesday, finally winning a long campaign for inclusion in a leading emerging markets benchmark, in what was seen as a milestone for global investing.
(Reuters) – Adobe Systems Inc reported a better-than-expected quarterly profit and forecast current-quarter above analysts’ estimates, as the software maker benefits from a rapid switch to the cloud.
LONDON (Reuters) – Criminal charges over Barclays’ fundraising in the 2008 financial crisis add to the bank’s legal battles in key markets just as rivals are leaving their troubles from that period behind.
SAN FRANCISCO (Reuters) – Uber said on Tuesday it will for the first time allow drivers to collect tips through its smartphone app, an about-face from previous company policy, as part of the ride-services firm’s broader effort to improve an often-conte…
TOKYO (Reuters) – Embattled Toshiba Corp will pick a Japanese government-led group of Japanese, U.S. and South Korean firms and funds to buy the conglomerate’s semiconductor business, two people briefed on the matter said on Tuesday.
ESIPOVO, Russia (Reuters) – Germany’s Daimler began construction of a new Mercedes-Benz plant near Moscow on Tuesday, following through on the first new investment by a major foreign automaker in Russia since Western sanctions were imposed three years…
BEIJING (Reuters) – British sports car maker Aston Martin Lagonda Ltd is ordering a global recall of 1,658 Vantage cars after problems with a routine transmission software update led to incidents in China in which some cars stalled and lost power, its …