Tue, 25 Apr 2017 22:30:45 -0400WASHINGTON (Reuters) - U.S. President Donald Trump is proposing to slash the corporate income tax rate and offer multinational businesses a steep tax break on overseas profits brought into the United States, officials said late on Tuesday.
Wed, 26 Apr 2017 01:48:53 -0400HONG KONG (Reuters) - Asian stocks extended gains for a fifth consecutive day on Wednesday, as renewed optimism about the world's biggest economy brightened the outlook for risky assets while the euro held on to previous gains as political concerns in France ebbed.
Tue, 25 Apr 2017 17:55:36 -0400PONTE VEDRA BEACH, Fla./BOSTON (Reuters) - Wells Fargo & Co shareholders showed displeasure with the scandal-hit bank's board on Tuesday, offering scant support for a dozen directors, including Chairman Stephen Sanger, in a vote capping a contentious annual meeting.
Wed, 26 Apr 2017 04:19:05 -0400SEOUL (Reuters) - A South Korean court on Wednesday ruled that the ride-hailing group Uber Technologies Inc illegally used private vehicles for commercial purposes, in the latest legal setback for the U.S. firm in Asia's fourth biggest economy.
Wed, 26 Apr 2017 00:49:51 -0400TOKYO (Reuters) - Toshiba Corp, the troubled Japanese conglomerate, wants to replace auditor PricewaterhouseCoopers Aarata (PwC) to resolve an impasse over full-year earnings and remain listed, two sources briefed on the matter said.
Wed, 26 Apr 2017 01:16:31 -0400CHICAGO (Reuters) - Tyson Foods Inc , the biggest U.S. chicken company, said on Wednesday it may raise wages again for workers at all of its poultry plants, a sign of an intensifying battle for employees in a tightening labor market.
Wed, 26 Apr 2017 01:26:37 -0400ZURICH (Reuters) - Credit Suisse will raise around 4 billion Swiss francs ($4 billion) through a rights offering to catch up to European rivals on capital, ditching plans to float a minority stake in its Swiss banking unit.
Wed, 26 Apr 2017 04:42:45 -0400LONDON (Reuters) - Three of the world's biggest miners are hunting for new leaders for their boards at a time when the industry faces questions from investors about its conventional diversified business operations and strategies for growth.
Tue, 25 Apr 2017 23:43:31 -0400TOKYO (Reuters) - McDonald's Corp has put on hold plans to sell shares in its Japan unit, which recently returned to profit for the first time in three years after a series of food scandals shook consumer confidence in the chain.
Wed, 26 Apr 2017 03:58:03 -0400FRANKFURT (Reuters) - Daimler on Wednesday reiterated that recent steps by United States authorities to investigate diesel emissions pollution and so-called auxiliary emission control devices could lead to significant penalties and vehicle recalls.