Reuters: Business

Wall Street set to open higher as U.S.-China trade talks advance

(Reuters) - Stock futures pointed to a higher opening on Tuesday on signs of further progress in trade talks between the United States and China as the world's two largest economies pull back from the

Activists turn tables on companies as EU privacy law comes in

FRANKFURT (Reuters) - Big companies are used to harvesting vast amounts of data from customers to find out what makes them tick. Now, as Europe's new data protection law comes into effect this week,

Stock futures rise as U.S.-China trade talks advance

(Reuters) - U.S. stock index futures rose on Tuesday on signs of further progress in trade talks between the United States and China as the world's two largest economies pull back from the brink of a

China, U.S. near deal on ZTE reprieve; Beijing cuts auto tariffs

BEIJING (Reuters) - Washington neared a deal to lift its ban on U.S. firms supplying Chinese telecoms gear maker ZTE Corp, sources said on Tuesday, and Beijing announced tariff cuts on car imports,

Tesla's Musk admits Model 3 braking issue, promises fix

(Reuters) - Tesla Inc's Chief Executive Officer Elon Musk admitted late on Monday there was a braking issue with the Model 3 sedan, pointed out by Consumer Reports, and said it can be fixed with a

Russia and Japan warn U.S. of $1 billion in tariff retaliation

GENEVA (Reuters) - Russia and Japan have warned they could retaliate against U.S. tariffs on steel and aluminum by imposing sanctions worth almost $1 billion combined, filings published by the World

Facebook's Zuckerberg faces EU Parliament grilling

BRUSSELS (Reuters) - Facebook Chief Executive Mark Zuckerberg will meet with leaders of the European Parliament on Tuesday to answer questions about how the data of millions of Facebook users ended up

Trump wants more from EU to lift tariffs: EU trade chief

BRUSSELS (Reuters) - Europe's proposals to open its markets wider to U.S. products including cars appear not to have persuaded Washington to lift the threat of import tariffs on EU steel and aluminum,

AccorHotels to decide on Huazhu board seat after Huazhu buys stake in company

PARIS (Reuters) - AccorHotels said on Tuesday it will decide in the coming weeks whether to grant Huazhu Hotels a board seat after the Chinese hospitality group bought 4.5 percent of its capital.

Sony in $2.3 billion deal for EMI, becomes world's biggest music publisher

TOKYO (Reuters) - Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's largest music publisher in an industry that has found new life on the back of

Uber pulls up in Japan with taxi-hailing service

TOKYO (Reuters) - Uber Technologies plans to launch its first taxi-hailing pilot service in Japan that will connect passengers to other taxi providers, as it seeks to expand in the country where the

European shares eye four-month highs, Italy sell-off relents

LONDON (Reuters) - European shares inched to a near four-month high on Tuesday, as an easing of pressure on Italian markets coincided with China's latest move to open up its giant economy to the rest

VW recalls 11,000 Audi cars in Russia: watchdog

MOSCOW (Reuters) - Russia's standards agency said on Tuesday it had been informed about the voluntary recall of 11,003 Audi cars sold since last year.

Deutsche Bank's chairman to face tough questions at annual meeting

FRANKFURT (Reuters) - Investors in Deutsche Bank on Thursday will call on the loss-making lender's leadership to deliver quicker results as its share price languishes and revenue dwindles.

EU's Malmstrom says thinks U.S. considers EU trade proposal insufficient

BRUSSELS (Reuters) - A proposal to get exemption from U.S. tariffs on steel and aluminum and promises of closer trade ties may not be sufficient to convince the United States government, EU trade

Strong dollar hits Asian share markets, oil surges

SYDNEY (Reuters) - Asian shares skidded on Tuesday as a strong dollar sapped demand for emerging market assets while surging oil prices stoked concerns about a flare-up in inflation and faster U.S.

Sony to become world's No.1 music publisher with $2.3 billion EMI deal

TOKYO (Reuters) - Sony Corp said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world's biggest music publisher in an industry that has found new life in streaming

Beer maker AB InBev pumps up the volume in Africa

By Tiisetso Motsoeneng, Philip Blenkinsop and Martinne Geller

U.S. farmers plow ahead with plantings as China trade war fears ebb

CHICAGO (Reuters) - U.S. farmers said they would push ahead with plantings planned before U.S.-China trade tensions eased and, now that the two countries have resumed talks, take a wait-and-see

U.S., China nearing deal to remove U.S. sales ban against ZTE: sources

BEIJING (Reuters) - Washington and Beijing are nearing a deal that would remove an existing U.S. order banning American companies from supplying Chinese telecommunications equipment maker ZTE Corp,