The U.S. has alleged workers at a French-owned auto parts plant in Mexico were denied the right to collective bargaining in violation of a North America trade agreement and asked Mexico to investigate.
Volkswagen sees no chance of avoiding layoffs and plant closures in order to cut 4 billion euros ($4.2 billion) in costs, the brand's chief executive said in a newspaper interview, amid an escalating dispute with workers.
A federal judge on Friday rejected the U.S. Securities and Exchange Commission's request to sanction Elon Musk after he failed to appear for court-ordered testimony for the regulator's probe into his $44 billion takeover of Twitter.
Makeup artist Alexandra Rutkay launched Citymouse after growing frustrated by most diaper bags. Her side hustle now brings in six figures in annual revenue.
Nissan persuaded a federal appeals court on Friday to decertify 10 class actions accusing the Japanese automaker of selling cars and SUVs with defective automatic emergency braking systems that caused vehicles to stop suddenly for no reason.
Global credit ratings agency Moody's upgraded Saudi Arabia's rating to "Aa3" from "A1" on Friday, citing the country's efforts to diversify beyond its oil economy.
Three Bank of America investment bankers in India have left the company as it probes allegations of wrongdoing over stock sales, a source familiar with the matter said.
Saudi Aramco's digital arm is in talks to take a significant minority stake in Mavenir, in a deal that is likely to value the U.S. telecommunications software maker at about $3 billion, people familiar with the matter told Reuters on Friday.
The health of the U.S. consumer and the retail sector will be in focus in the coming week, as Black Friday kicks off a holiday shopping season that could shed light on how buyers are grappling with higher prices.
Investors are hoping President-elect Donald Trump will name a Treasury secretary soon who will assuage their concerns about the Republican's policy promises that have weighed on an already sagging U.S. government bond market.
Artificial intelligence cloud platform CoreWeave, is aiming for a valuation of more than $35 billion in its U.S. initial public offering that is expected to occur next year, people familiar with the matter told Reuters on Friday.
Moldova's energy minister said on Friday he would meet in St. Petersburg next week with Russian gas company Gazprom to ensure stable electricity supplies after Russian strikes on the energy system in neighbouring Ukraine.
A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics in a patent lawsuit over technology for improving data processing in high-performance memory products.
The head of Walmart's $55-billion health and wellness division, who oversaw the company's failed push into clinics, is leaving after less than two years in the role, an internal memo seen by Reuters showed.
President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory financial professionals had moved on from rising prices and begun worrying about rising U.S. debt, possible recession, and risks to global trade as among the top threats to the stability of the financial sector, according to a new Federal Reserve survey released on Friday.
The U.S. Securities and Exchange Commission obtained $8.2 billion in financial remedies, the highest amount in its history, in fiscal 2024, the agency said in a statement on Friday.
As a money manager, Scott Bessent's years of inconsistent performance have contributed to a nearly 90% decline in his hedge fund's assets. Now, with other business lines expanding, he has scored on perhaps his biggest bet yet: President-elect Donald Trump.
Hearthside Food Solutions filed for bankruptcy protection on Friday, seeking to trim $1.9 billion debt and restructure its operations after investigations into child labor at factories where it made granola bars, breakfast cereal and snacks.
Brussels and Beijing are nearing a solution over tariffs on Chinese electric vehicle imports into the bloc, the chair of the trade committee of the European Parliament told a German broadcaster.
Warburg Pincus and Apax Partners are exploring an initial public offering of its Dutch telecom business Odido, which could be valued at as much as 7 billion euros ($7.3 billion), Bloomberg News reported on Friday, citing two people familiar with the matter.
Netflix shares were on track for a fifth consecutive gain on Friday and set for their biggest weekly percentage rise since January, after the streaming media company's popular boxing match between Mike Tyson and Jake Paul.
Gwynne Shotwell spoke with investor Ron Baron about interstellar travel, competition among space companies and the potential for better tech regulation.
With the Biden administration's new student loan repayment plan is tied up in legal battles, millions of borrowers have had their monthly payments put on hold.
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, stirring a debate about whether it needs to do more to attract investment as startups struggle to catch up with Chinese rivals.
Procter & Gamble has been revamping its marketing and line-up of influencers on fast-growing Chinese shopping app Douyin in recent months, helping its Pantene shampoo lead growth in hair care on the platform, executives said Thursday at an investor day.
Novo Holdings is set to gain unconditional EU antitrust approval for its planned $16.5 billion takeover of U.S. contract drug maker Catalent , a person with direct knowledge of the matter said on Friday, clearing a key hurdle.
French drugmaker Sanofi plans to change its policy on how it gives discounts to certain U.S. hospitals that serve low-income and uninsured patients, the company said on Friday.
Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.
Germany's economy minister pushed ahead on Friday with legislation to provide billions of euros to build gas power plants, according to government sources, but the chances of the plan receiving parliamentary approval were slim.
Gautam and Sagar Adani knew their renewable energy company was under U.S. investigation for suspected bribery when they sold part of India's largest solar park to France's TotalEnergies, prosecutors allege in legal documents reviewed by Reuters.
Italy's high borrowing costs and weakening economic growth could reduce the profitability of its companies in the near future, especially those with a high debt load, the Bank of Italy said on Friday.
Robinhood Markets' Chief Legal Officer Dan Gallagher, a former commissioner of the Securities and Exchange Commission who was reportedly the frontrunner to become its chair under Donald Trump, told CNBC on Friday he was not interested in the role.
Antoine Arnault, son of LVMH CEO and Chairman Bernard Arnault, told CNBC the investment in the second-tier club was about "emotions" rather than finances.
Bank of America's private banking arm said on Friday industry veterans Phillip Edwards and Lauren Stuhmer would join its Palm Beach office as private client advisers.
U.S. bank Citigroup has received approval to establish its regional headquarters in Saudi Arabia's Riyadh, according to an internal memo seen by Reuters on Friday.
Swisscom took a step forward in its plan to combine its Italian arm Fastweb with Vodafone's local assets as the country's antitrust body found its proposed competition remedies acceptable, three sources with knowledge of the matter said.
ArcelorMittal , the world's second-largest steelmaker, said on Friday it is delaying planned green investments, blaming uncertainties over European Union regulatory directives.
U.S. consumer sentiment ticked up for a fourth straight month in November, led by a big upswing in sentiment among Republicans following Donald Trump's victory in the presidential election.
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives.
Britain's competition watchdog said on Friday Spreadex must sell the business it bought from Sporting Index last year because a combined entity would harm competition in the market for licensed online sports spread-betting.
The European Union is prepared to react to any renewed trade tensions with the United States that may emerge under President-elect Donald Trump's second administration, the EU's ambassador to the U.S., Jovita Neliupšienė, said on Friday.
A New York state judge found Sirius XM Holdings liable in New York Attorney General Letitia James' lawsuit accusing the satellite radio and streaming company of making it too hard for customers to cancel subscriptions.
The Czech Republic is not looking to extend an EU exemption allowing it to import diesel and other products made from Russian oil, its industry and trade ministry said on Friday, taking a position that could end such imports from neighbouring Slovakia.
Mexico's main stock exchange on Friday reinstated a trading suspension on retailer Elektra before shares changed hands, with Elektra warning that any trading would harm its business.
The Defense Department has made its position clear that any new federal cybersecurity fighting force should not be centralized outside Pentagon authority.
The U.S. Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Meta's Facebook of misleading investors about the misuse of the social media platform's user data.
The U.K. Competition and Markets Authority's independent inquiry group recommended the watchdog investigates Apple and Google's activities in mobile ecosystems.
Sony's India unit said on Friday it had secured the media rights for all Asian Cricket Council (ACC) tournaments until 2031, which a source with direct knowledge of the matter put the value at $170 million.
Amazon.com pumped another $4 billion into OpenAI competitor Anthropic, as the e-commerce giant goes up against Big Tech rivals in a race to capitalize on generative artificial intelligence technology.
The chief executive of Northvolt stepped down on Friday, shortly after the Swedish battery maker filed for Chapter 11 bankruptcy protection in the U.S.
The Swiss franc is likely to remain a safe haven currency sought by investors in times of uncertainty, Swiss National Bank Chairman Martin Schlegel said on Friday.
India's markets regulator on Friday proposed tighter hiring rules for top jobs at securities-focussed institutions such as stock markets, clearing firms and depositories, including consulting with an external agency during their search for candidates.
NTPC Green Energy, the renewable energy arm of state-owned NTPC , garnered bids worth 154.06 billion rupees ($1.83 billion) on Friday for its $1.2 billion initial public offering, as investors bet on the country's growing clean energy needs.
The Swiss National Bank will continue to target low inflation as the touchstone of its monetary policy, Chairman Martin Schlegel said on Friday, underlining continuity with predecessor Thomas Jordan who stepped down in September.
Northvolt, the Swedish maker of battery cells for electric vehicles, filed for Chapter 11 bankruptcy protection in the United States with debts of $5.8 billion and only $30 million in cash.
British home price increases will outpace overall inflation and rental costs will rise even faster although affordability for first time homebuyers will improve, according to a Reuters Nov. 11-21 poll of 21 housing market experts.
Harvard Business School professor Teresa M. Amabile shares her best advice for what to do before "leaving work behind" so you can set yourself up for success.
Dozens of retailers, including Macy's, Gap and TJ Maxx, increased APRs on their store credit cards before the Federal Reserve cut rates, padding their profits.
New U.S. sanctions on Moscow may shut down the only way European customers can pay for Russian gas, increase volatility on Russia's FX market and push Moscow closer to Beijing's orbit, Russian economists said on Friday.
The U.S. Treasury Department is looking into JPMorgan Chase's relationship with a hedge fund that is said to be a part of Iranian oil trader Hossein Shamkhani's network, Bloomberg News reported on Friday.
India's foreign exchange reserves logged their sharpest weekly fall on record to a more-than-four-month low last week, as the dollar strengthened following the U.S. election verdict, and the central bank sold from its reserves to limit the rupee's decline.
The global oil market is balanced thanks to the actions of OPEC+ countries and compliance with its quotas, Russian Deputy Prime Minister Alexander Novak said on Friday following a Russia-OPEC meeting.
London-focused flexible office-space provider Workspace is subdividing its properties with larger floor areas to compact units, as its clientele of small businesses downsize to position for post-pandemic work trends.
Wall Street closed higher on Friday, with all three major indexes posting weekly gains, as investors took comfort from data pointing to robust economic activity in the world's biggest economy.
The European Commission should expand plans to strengthen its computer chip sector to include "foundational and legacy" semiconductors, where much of the region's strengths lie, the head of industry group ESIA said on Friday.
In March, Adani Group's head of corporate finance wrote an email to one of its lenders, calling as "baseless" a media report on the group's alleged bribery investigation in the United States. That email was also marked to top finance executive Sagar Adani.
The Indian rupee weakened to its lowest level on record on Friday before ending higher as the central bank's intervention supported the currency in the face of the U.S. dollar jumping to a two-year high.
Hungary's MVM CEEnergy is in talks with Turkish state gas company Botas on a new gas import deal, the company's chief executive told Reuters on Friday.
Spain's Sabadell will set aside tens of millions of euros in provisions to cope with the impact from last month's deadly floods in eastern Spain, its chief financial officer Sergio Palavecino said on Friday.
Britain's competition watchdog fined U.S. firm Viatris 1.5 million pounds ($1.88 million) on Friday for violating an order during its investigation into Theramex's acquisition of European rights to two of Viatris's women's healthcare product ranges.
Former German chancellor Angela Merkel has called the influence of tech billionaires such as Elon Musk over U.S. President-elect Donald Trump a "huge concern".
The new British government's plan to increase taxes on businesses contributed to the first contraction in private sector activity in over a year, a survey showed, after signs the economy was losing momentum even before last month's budget.
The Indian central bank, in a rare move, instructed some banks to cut their long positions on the dollar-rupee pair on Friday, seeking to reduce speculative bets on the local currency, which is at a record low, four bankers directly familiar with the development told Reuters.
Bitcoin touched a record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration.
Investors will have to buy a record amount of euro zone government bonds for a third straight year in 2025 and without the ECB in the market, potentially adding pressure on borrowing costs when political and economic uncertainty is high.
Formula One has opened negotiations with broadcaster ESPN over its next U.S. media rights deal with one year left on the existing contract, the Financial Times said on Thursday.
Adani Group companies' shares fell for a second straight day on Friday after U.S. prosecutors charged the Indian conglomerate's billionaire chairman in an alleged bribery and fraud scheme.
The Indian rupee declined to its weakest level on record on Friday as a resurgent dollar and sustained portfolio outflows pressured the currency, while heightened geopolitical risks also dampened risk appetite.
National Geographic released its annual "Pictures of the Year" issue this week, showcasing 20 photographs that depict striking scenes of nature and wildlife.
BP and partners said they would invest $7 billion in a carbon capture project and gas field development in Indonesia's easternmost Papua region that could unlock 3 trillion cubic feet of additional gas resources.
A breach of telecoms companies that the United States said was linked to China was the "worst telecom hack in our nation's history - by far", the chairman of the Senate Intelligence Committee told the Washington Post on Thursday.
Indian shares opened higher on Friday, led by rebound in financials after a sharp drop on Thursday, while most Adani group stocks continued their decline after a $27 billion drop in market value in the previous session.
Global stocks registered a strong weekly gain on Friday while U.S. Treasury yields slipped as markets eyed President-elect Donald Trump's likely policies and their impact on the U.S. economy, even as bitcoin traded near the $100,000 threshold.
The euro plunged to a two-year low on Friday after data showed a tumble in euro zone business activity, and caused markets to up bets on ECB rate cuts, while bitcoin hit a record high just shy of $100,000.
U.S. stocks are extending their lead over global peers and some investors believe that dominance could grow if President-elect Donald Trump can implement his economic platform without becoming mired in a full-blown trade war or ballooning the federal deficit.
British consumers have turned less pessimistic following the government's first budget and the U.S. presidential election and they are showing more appetite for spending in the run-up to Christmas, according to a survey published on Friday.
Alimentation Couche-Tard is not considering a hostile takeover bid for Japan's Seven & i , the Nikkei business daily quoted the Canadian suitor's chairman and co-founder, Alain Bouchard, as saying.
The Federal Aviation Administration plans to convene a review board in the coming weeks to consider safety concerns about engines on Boeing 737 MAX airplanes after two bird strike incidents on Southwest Airlines planes in 2023.
Sweden's Northvolt said on Thursday it will seek U.S. Chapter 11 bankruptcy protection as the cash-strapped battery start-up seeks to sort out its finances.
Boeing said on Thursday it has secured a $2.38 billion contract from the U.S. Air Force to build 15 additional KC-46A Pegasus aerial refueling tankers under the Lot 11 procurement.
Japan's core inflation in October held above the central bank's 2% target and a key index stripping away the effect of fuel accelerated, data showed on Friday, keeping pressure on the central bank to raise its still-low interest rates.
Brazil's government has blasted French retailer Carrefour after its CEO vowed to keep South American meat off its shelves in France in solidarity with farmers, calling the comments part of a wider push to undermine a pending trade deal.
Brazil's Finance Minister said on Thursday that government will freeze $860 million in 2024 spending and maintain its yearly primary deficit goal, adding that a fiscal package with budget cuts for the next years could be announced as soon as Monday.
Chinese firms are squirreling away even more dollars, pricing contracts in yuan and opening import lines to mitigate currency risks as trade tensions threaten to roil foreign exchange rates.
In honor of Nasdaq's 500th listing switch, we update our research on listing market quality, comparing spreads, liquidity and volatility right before and after a stock switches from one listing exchange to another.
U.S. prosecutors allege that Gautam Adani, the second most-wealthy Indian man, personally met with Indian government officials to further their "bribery scheme."
Off-price retailer Ross Stores raised its annual profit forecast on Thursday, as lower freight and supply-chain costs helped soften the impact of slowing sales at its stores, sending its shares up 7% after the bell.
Bitcoin neared $100,000 for the first time on Thursday as the election of Republican Donald Trump as president fuelled expectations that his administration will create a friendly regulatory environment for cryptocurrencies.
ChatGPT-creator OpenAI has recently considered developing a web browser that would combine with its chatbot and separately discussed or struck deals to power search features, the Information reported on Thursday.
Gap Inc raised its annual sales forecast on Thursday and said the holiday season was off to a "strong start", sending its shares up nearly 14% in extended trade.
Just a few years after a bruising battle among Apollo's co-founders over succession, the alternative asset manager giant could face new upheaval if its chairman and chief executive both leave to work for U.S. President-elect Donald Trump.
U.S. oil major Exxon Mobil and partners have pulled out of negotiations with Guyana's government on terms for exploring and developing a shallow-water oil block, the South American country's vice president said on Thursday.
Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, could face a long road to trial in the U.S. on criminal charges over his alleged role in a multi-billion-dollar fraud and bribery scheme.
Efforts by U.S. antitrust regulators to break up Alphabet by forcing a sale of its Google Chrome browser and other proposals to limit its search dominance are likely to run into legal challenges on grounds the remedies are extreme.
Snap on Thursday filed a motion to dismiss a New Mexico lawsuit that alleged the tech company enabled child sexual exploitation on its messaging app Snapchat, arguing there were inaccuracies to the state's investigation.
President-elect Donald Trump has not announced his pick, but the expectation is that the next chair will be friendlier to Wall Street and cryptocurrencies.
A group representing major automakers including General Motors , Toyota Motor Corp , and Volkswagen urged President-elect Donald Trump to retain key tax credits for electric vehicle purchases and take steps to speed deployment of self-driving cars.
Bank of America's co-head of investment banking in India and two other bankers have left the company amid an investigation into wrongdoing allegations, the Financial Times reported on Thursday, citing three people familiar with the matter.
A factor that drove young men to the polls may have been perceived economic disparities, experts say, which ultimately helped Republicans win on Election Day.
Q3 earnings season is (unofficially) over, with the last of the Mag 7 companies, Nvidia, reporting yesterday (earnings rose +100% YoY!). And it’s déjà vu all over again.
U.S. Securities and Exchange Commission Chair Gary Gensler will step down on Jan. 20 when President-elect Donald Trump's administration takes over, the agency said on Thursday, ending an ambitious tenure that saw him clash with Wall Street and the crypto industry.
Northvolt, the Swedish maker of battery cells for electric vehicles, said on Thursday it has filed for Chapter 11 bankruptcy protection in the U.S., and said it has secured $100 million in new financing for the process.
French generative AI startup LightOn said on Thursday it had successfully launched its initial public offering (IPO) on the Euronext Growth market in Paris.
Fox Entertainment and Hulu announced on Thursday a multi-year content deal whereby the Walt Disney-controlled streaming platform will retain the streaming rights for Fox's extensive programming slate.
Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate cuts and his openness to doing them more slowly, remarks that underscore the U.S. central bank's debate that it's not about whether, but over how fast and how far, borrowing costs should be lowered.
Britain's Serious Fraud Office (SFO) said on Thursday it was investigating suspected bribery and corruption at Thales , Europe's largest defence technology company.
U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential buyers from the housing market in the near term.
Greene's group will share the DOGE acronym with the entity commissioned by President-elect Donald Trump and led by billionaires Elon Musk and Vivek Ramaswamy.
The Federal Communications Commission on Thursday proposed to fine Chinese-based video doorbell manufacturer Eken nearly $735,000 for providing false information and after security concerns were raised.
A grand jury indicted Phillips 66 for violating the federal Clean Water Act by illegally discharging 790,000 gallons of industrial wastewater into Los Angeles County's sewer system, and failing to report the violations to authorities.
A record-high $7 trillion of cash is currently sitting "on the sidelines" in money market funds (MMFs). Anyone hoping to see a significant chunk of this flooding the wider investment field in the coming months may be disappointed.
Amazon will likely face an EU investigation next year into whether it favours its own brand products on its online marketplace as European antitrust regulators build up a case under landmark rules, people with direct knowledge of the matter said.
Volkswagen's union said it would recommend its members go on strike from Dec. 1 as talks over wages and factory closures with the carmaker's management failed to achieve a breakthrough on Thursday.
The European Union should seek constructive engagement on trade with the incoming Trump administration, but be ready to hit back in a coordinated way at the United States if it imposes new tariffs on the 27-nation bloc, EU ministers agreed on Thursday.
Spanish lawmakers approved on Thursday the government's new tax plans, which include an extension of a temporary levy on banks by three years and ensure that taxes for large companies comply with the EU rules.
FAA Administrator Michael Whitaker said on Thursday he plans to soon visit Boeing's Seattle offices to meet with CEO Kelly Ortberg as the planemaker resumes 737 MAX production.
Russia's central bank on Thursday said it planned to set a surcharge for banks when issuing new loans to large firms with a high debt burden, as the regulator looks to limit credit risks for Russian companies contending with interest rates at 21%.
Italy is planning a crackdown on cybercrime, according to a draft decree seen by Reuters on Thursday, after recent cases of alleged hacking into major state and financial databases prompted a swift response from the government.
Reddit was down for thousands of users on Thursday, according to outage tracking website Downdetector.com, a day after the social media company said it had fixed a software bug.
The U.S. imposed fresh sanctions on Russia's Gazprombank on Thursday, the Treasury Department said, wielding its most powerful sanctioning tool against the bank as President Joe Biden steps up actions to punish Moscow for its invasion of Ukraine before leaving office in January.
German auto parts supplier Robert Bosch (ROBG.UL) will reduce the hours, and consequently the pay, of 450 employees in Germany from next spring, citing the difficult economic situation, a company spokesperson said on Thursday.
Commodity trader Trafigura has recently delivered large amounts of lead to London Metal Exchange (LME) warehouses in Singapore for lucrative rent-sharing deals, three sources familiar with the matter said.
France's Technip Energies announced strategic expansion plans for India on Thursday, saying it would launch a new R&D laboratory in the country in 2025.
The Italian parliament on Thursday approved a bill to change town planning laws to resolve a construction stalemate in Italy's financial capital Milan caused by dozens of investigations by prosecutors.
U.S. existing home sales rebounded sharply in October, posting the first annual gain since mid-2021, as buyers rushed into the market to take advantage of a brief decline in mortgage rates.