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Reuters Video: Business



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Wall Street slips

Fri, 17 Nov 2017 16:19:00 -0500

Wall Street ended the week on a sour note Friday. As Fred Katayama reports, investors weighed the fate of the Republican's tax overhaul plan.



Takeover interest in Fox

Fri, 17 Nov 2017 12:40:00 -0500

Comcast and Verizon are interested in buying parts of Twenty-First Century Fox, say sources. Fred Katayama reports.



India is best emerging market for investors in 2018 -Barger

Fri, 17 Nov 2017 13:55:39 -0500

Cartica Co-Founder and CEO Teresa Barger focuses on emerging markets and has about one-third of her portfolio in India. She continues to favor the country and expects significant growth there, making it her top pick for next year.



VW heats up electric cars race with $40 bln spend

Fri, 17 Nov 2017 12:46:00 -0500

Volkswagen will spend more than 34 billion euros ($40 billion) on electric cars, autonomous driving and new mobility services by the end of 2022, the group said on Friday. Silvia Antonioli reports.



Breakingviews TV: The Fox hunt is on

Fri, 17 Nov 2017 12:39:20 -0500

With Comcast and Verizon joining the suitors for Rupert Murdoch’s assets, Jen Saba and Tom Buerkle discuss what’s driving the media frenzy, and how antitrust scrutiny could kill deal hopes.



Siemens to cut 6,900 jobs as turbine demand tumbles

Fri, 17 Nov 2017 11:23:00 -0500

Siemens says it plans to cut about 6,900 jobs, or close to 2 percent of its global workforce. The hammer will fall hardest on a power and gas division hit hard by the rapid growth of renewables. David Pollard reports.



Abercrombie shares surge on strong sales

Fri, 17 Nov 2017 10:19:00 -0500

The once struggling teen retailer's comparable store sales shot higher, crushing analysts' forecasts. As Fred Katayama reports, strong sales at its Hollister brand led the revival.



Startup funding streams in to Argentina

Fri, 17 Nov 2017 10:45:00 -0500

Venture capital is streaming into Argentina's capital Buenos Aires, outpacing the rate of growth in neighbouring Chile and Brazil. But, as Ciara Lee reports, start-ups still face a challenging regulatory environment as they await new labour and tax reforms.



Draghi says cheap cash still key for euro zone

Fri, 17 Nov 2017 08:38:00 -0500

Mario Draghi says the ECB is becoming increasingly confident in the euro zone recovery - but that cheap central bank cash is still key. As Silvia Antonioli also reports, a poll finds economists expect the bloc's economy to mark its best year in a decade.



Nissan blames staff shortage for tests scandal

Fri, 17 Nov 2017 08:02:00 -0500

Nissan blames a staff shortage for an inspection scandal that led to a recall of 1.2 million vehicles. As David Pollard reports, the carmaker last week shaved its full-year operating profit forecast as it braces for the fallout.



Under pressure, May tries to reassure EU on money

Fri, 17 Nov 2017 07:22:00 -0500

EU leaders at a Gothenburg summit discuss growth and social justice, but Brexit issues may dominate again for a UK prime minister under pressure. But, as Ciara Lee reports, Brexit minister David Davis says some EU countries are now keen for negotiations to move on to focus on trade.



Tesla unveils new big rig and Roadster

Fri, 17 Nov 2017 05:08:00 -0500

Tesla has upstaged its own debut of an electric heavy duty truck by unveiling a new Roadster. Chief Executive Elon Musk says it will be the fastest production car ever. Ryan Brooks reports.



China seizes 14,000 bottles of fake Australian wine

Fri, 17 Nov 2017 02:53:00 -0500

Chinese police seize an enormous cache of counterfeit Australian wine in Shanghai. Authorities say the swindle involved more than $1.5 million dollars. Eve Johnson reports.



Saudi strikes deals for some caught in anti-graft purge

Fri, 17 Nov 2017 07:55:00 -0500

Saudi authorities are striking agreements with some of those detained in an anti-corruption crackdown, asking them to hand over assets and cash in return for their freedom, sources familiar with the matter said. Scarlett Cvitanovich reports.



Crowdfunding helps UK homeless off streets, into work

Fri, 17 Nov 2017 07:20:00 -0500

UK tech start-up Beam aims to combat homelessness by crowdfunding work training and helping the homeless into stable jobs. Scarlett Cvitanovich reports.



China braces for trash catastrophe after Singles' Day

Fri, 17 Nov 2017 00:05:00 -0500

China's consumers splashed out big during the Single's Day online shopping extravaganza, and that's bad news for the environment. Reuter's David Stanway says China is simply not equipped to deal with the mountain of cardboard boxes, plastic bags, and tape about to be dumped in waste processing plants across the country.



Earnings drive Wall Street rally

Thu, 16 Nov 2017 16:16:00 -0500

Strong earnings results and the House's passage of the tax reform bill helped Wall Street bounce back from its two-day drop. Fred Katayama reports.



Startups are booming with investors coming back to Argentina

Thu, 16 Nov 2017 16:52:19 -0500

Investors had once steered clear of Argentina, but venture capital funding is now streaming into the country partially due to President Mauricio Macri's business-friendly agenda.



Breakingviews TV: Wal-Mart trucks along

Thu, 16 Nov 2017 12:52:44 -0500

The $268 bln retailer blew past revenue and sales expectations. Online was up an impressive 50 pct too. Tom Buerkle and Jennifer Saba discuss how Wal-Mart is stepping up its fight against Amazon.



Telsa to unveil electric big rig truck

Thu, 16 Nov 2017 12:09:00 -0500

Analysts say Tesla's new truck prototype it'll unveil Thursday night may boast a radically new design, boost cab comfort and feature autonomous driving technology. Fred Katayama reports.



More protests in France but is culture changing?

Thu, 16 Nov 2017 12:19:00 -0500

Unions in France have staged another day protest against labour reforms. But, as Sonia Legg reports, the country's labour minister says the culture is changing and the role of French trade unions is evolving away from leading mass strikes and street protests to partnering employers in the workplace.



New dawn for economy after dark days in Zimbabwe?

Thu, 16 Nov 2017 11:33:00 -0500

Investment firms say their phones have been ringing with client inquiries about the chances of a turnaround in Zimbabwe from decades of decline and bouts of financial chaos under Robert Mugabe. But, as David Pollard reports, they face some key obstacles.



Global alliance seeks to phase out coal by 2030

Thu, 16 Nov 2017 10:43:00 -0500

Twenty countries and two U.S. states have joined an international alliance to phase out coal from power generation before 2030. But, as Ciara Lee reports it comes as Poland awaits a coal shipment from the U.S., and a number of top coal burning countries fail to sign up to the alliance.



Hurricanes lift Wal-Mart's sales

Thu, 16 Nov 2017 10:18:00 -0500

Wal-Mart has managed to grow comparable sales for more than three straight years amid a tough retail environment. Fred Katayama reports.



VW's €10 bln electric pledge to China

Thu, 16 Nov 2017 07:37:00 -0500

Ahead of the Guangzhou auto show, Volkswagen Group has announced it plans to spend 10 billion euros ($11.8 billion) by 2025 to develop and manufacture all-electric and plug-in hybrid vehicles as it seeks to comply with upcoming stringent rules in China.