Year: 2018

Amazon says it will split its long-awaited second headquarters between New York City and and Crystal City, part of Arlington, Virginia, as well as open a new facility in Nashville, Tennessee. “These two locations will allow us to attract world-class talent that will help us…

A recent proliferation of craft gins and new distilleries has taken over South Africa’s bar scene. But this is not your average gin, distillers say: South African gin is infused with unique local flavors -- like fynbos, rooibos, marula, sceletium and other distinctive South African…

This is part of "Ocean Shock," a Reuters series exploring climate change's impact on sea creatures and the people who depend on them. Takashi Odajima picked up a cracked and faded photograph and dusted it off with his sleeve. He smiled a little sadly at…

A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking more than 600 points off the Dow Jones Industrial Average.   The wave of selling snared big names, including Apple, Amazon and Goldman Sachs. Banks, consumer-focused companies, and media and communications stocks…

Brazil's Congress is unlikely to pass pension reform legislation this year, far-right President-elect Jair Bolsonaro said on Monday, a blow to investor hopes that caused the country's currency to weaken in futures markets. Investors snapped up Brazilian assets in the wake of Bolsonaro's election victory…

OPEC and allied oil-producing countries will likely need to cut crude supplies, perhaps by as much as 1 million barrels of oil a day, to rebalance the market after U.S. sanctions on Iran failed to cut Tehran's output, Saudi Arabia's energy minister said Monday. The…

Japan's Prime Minister Shinzo Abe called Monday for a new public works spending program to stimulate the economy amid growing concerns about global risks.  The spending, which is expected in the first half of next fiscal year starting in April, will focus on strengthening infrastructure to withstand…

A majority of OPEC and allied oil exporters support a cut in the global supply of crude, Oman Oil Minister Mohammed bin Hamad al-Rumhi said on Sunday. “Many of us share this view,” the minister said when asked about the need for a cut. Asked…

The Belgium-based SWIFT financial messaging service will be disconnecting some Iranian banks this weekend, said SWIFT chief executive Gottfried Leibbrandt at an event in Paris on Friday. Earlier this week, SWIFT had already stated that it would be suspending some unspecified Iranian banks’ access to…

India-based motorcycle brand Royal Enfield expects sales in its new North American business to almost triple this year and is aiming to dominate the market for middleweight bikes into which Harley-Davidson Inc has just shifted in a bid to revive sales. Enfield, originally a classic…

Vietnam’s new carrier Bamboo Airways expects to finally get an aviation license next week and start flying within weeks, the chairman of its parent firm said on Thursday. The airline had to delay its maiden flight on Oct. 10 because it didn’t receive a license…

Tesla said Thursday that its new board chair replacing Elon Musk will be Robyn Denholm of Australia’s Telstra.   The appointment to the full-time position takes effect immediately though Denholm will leave Telstra, Australia’s biggest telecoms company, after a six-month notice period. Denholm already is…

Stocks rallied Wednesday as investors were relieved to see that the U.S. midterm elections went largely as they expected they would. Big-name technology and consumer and health care companies soared as the S&P 500 index closed at its highest level in four weeks. Democrats won…

Global stocks were higher Wednesday after the outcome of the U.S. midterm elections met investors' expectations. Despite Democratic gains in the U.S. House of Representatives, few anticipate reversals of President Donald Trump's tax cuts and the elimination of federal regulations. Democrats captured more than the…

The Chinese government granted 18 trademarks to companies linked to President Donald Trump and his daughter Ivanka Trump over the last two months, Chinese public records show, raising concerns about conflicts of interest in the White House. In October, China's Trademark Office granted provisional approval…