Reuters Business News:
Supermarket retailer Casino to sell six stores to rival Leclerc
1/19/2019 2:47 AM
French supermarket retailer Casino , in the process of divesting assets to cut debts, has agreed to sell six of its "Geant" hypermarket stores to domestic rival Leclerc for 100.5 million euros ($114 million). ...Read More
U.S. chipmakers may give clues on China hazard
1/19/2019 2:36 AM
Intel Corp operates mostly outside the Apple-sphere, and that is exactly why whatever it says next week about business in its vital Chinese market matters so much for investors. ...Read More
Malaysia court rules in favor of Wynn Macau in $4.2 million case: lawyer
1/18/2019 11:54 PM
A Malaysian judge on Friday ruled in favor of Wynn Macau in a case against a fund manager who owed the casino millions of dollars, the company"s lawyer said, the first time a casino has been allowed to recover dues in the country. Read More
LJM Partners sues unnamed "manipulators" it blames for volatility losses
1/18/2019 8:32 PM
LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars it lost after last year"s jump in stock market volatility that effectively put the fund manager out of business. Read More
Exclusive: U.S. demands regular review of China trade reform
1/18/2019 8:29 PM
The United States is pushing for regular reviews of China"s progress on pledged trade reforms as a condition for a trade deal - and could again resort to tariffs if it deems Beijing has violated the agreement, according to sources briefed on negotiations to end the trade war between the two nations. Read More
Explainer: How U.S.-China talks differ from any other trade deal
1/18/2019 8:29 PM
The trade deal that U.S. negotiators are seeking with China may have more in common with a sanctions-monitoring regime than a traditional trade pact. ...Read More
White House adviser Kudlow says making progress on China trade talks
1/18/2019 8:29 PM
White House economic adviser Larry Kudlow said on Friday that the United States and China were making progress on trade negotiations but reaching a deal would take time. ...Read More
PBGC steps in to oversee Sears" two pension plans
1/18/2019 8:27 PM
Pension Benefit Guaranty Corp (PBGC) is taking steps to assume responsibility for bankrupt retailer Sears Holdings Corp"s two pension plans, covering about 90,000 people, the U.S. government agency said on Friday. ...Read More
Apple ordered to pull part of press release in Qualcomm case
1/18/2019 8:27 PM
Apple Inc has been ordered by a German court to stop using part of a press release claiming all iPhones would be available in the country through carriers and resellers, a copy of the ruling seen by Reuters showed. ...Read More
Exclusive: BlackRock, Goldman to move some fund managers to U.S. if no-deal Brexit - sources
1/18/2019 8:26 PM
BlackRock and Goldman Sachs Asset Management both plan to temporarily move some British-based fund managers to New York in the event of a no-deal Brexit, two sources told Reuters. ...Read More

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