Tue, 17 Jan 2017 01:13:05 -0500TOKYO (Reuters) - The pound hovered near three-month lows versus the dollar on Tuesday and stocks were mostly weaker as investors waited for British Prime Minister Theresa May to lay out plans to exit the European Union amid fears Britain will lose access to the single market.
Mon, 16 Jan 2017 20:28:29 -0500(Reuters) - American Apparel LLC said it had started to lay off staff on Monday, after Canadian apparel maker Gildan Activewear Inc withdrew its initial plan to acquire some of the bankrupt U.S. fashion retailer's manufacturing operations.
Mon, 16 Jan 2017 23:21:11 -0500(Reuters) - U.S. President-elect Donald Trump says the border adjustment provision, a feature of House Republicans' corporate-tax plan, is "too complicated", the Wall Street Journal reported on Monday.
Tue, 17 Jan 2017 01:27:12 -0500WASHINGTON (Reuters) - Billionaire Wilbur Ross, chosen by Donald Trump to help implement the president-elect's trade agenda, earned his fortune in part by running businesses that have offshored thousands of U.S. jobs, according to Labor Department data attained by Reuters.
Mon, 16 Jan 2017 20:35:11 -0500MILAN/PARIS (Reuters) - Italy's Luxottica and France's Essilor have agreed a 46 billion euro ($49 billion) merger to create a global eyewear powerhouse with annual revenue of more than 15 billion euros.
Tue, 17 Jan 2017 01:00:55 -0500SINGAPORE (Reuters) - Oil markets were mixed on Tuesday, supported by growth in U.S. crude production and Saudi Arabia saying it would strictly adhere to a commitment to cut output, but held back by scepticism in financial markets that oversupply would be curbed.
Tue, 17 Jan 2017 00:38:14 -0500TOKYO (Reuters) - Honda Motor Co said on Tuesday that an air bag made by Takata Corp had ruptured in one of its cars in Japan, resulting in a minor injury to the car's driver.
Mon, 16 Jan 2017 12:11:33 -0500BERLIN (Reuters) - A lawyer for one of the Volkswagen executives charged last week by U.S. prosecutors over the company's diesel emissions scandal said the way they handled the legal process would have been unconstitutional under German law.
Tue, 17 Jan 2017 00:00:12 -0500KUALA LUMPUR (Reuters) - Warren Buffett's Berkshire Hathaway has won a licence to provide reinsurance services in Malaysia, the billionaire investor's group said, as it expands operations in Asia.
Mon, 16 Jan 2017 21:57:42 -0500WASHINGTON, (Reuters) - General Motors Co will announce as early as Tuesday long-held plans to invest about $1 billion in its U.S. factories, following recent criticism of the company by President-elect Donald Trump, a person briefed on the matter told Reuters late on Monday.