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Preview: Reuters Video: Business

Reuters Video: Business is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial in

Last Build Date: Tue, 20 Mar 2018 03:04:32 +0000

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FAANG stocks have outsize effect on broader market, says Exponential ETFs' Josh Blechman.

Mon, 19 Mar 2018 22:12:25 +0000

Over 15 percent of the S&P 500 weight is in FAANG and Microsoft stocks, giving them an outsize effect on the U.S. market, says Josh Blechman, director of capital markets at Exponential ETFs. Aleksandra Michalska reports.

Wall Street drops on Facebook data misuse

Mon, 19 Mar 2018 22:12:11 +0000

U.S. stocks fell as concerns over increased regulation for large tech companies was spearheaded by a plunge in Facebook shares. Aleksandra Michalska reports.

Retailers urge Trump against China tariffs

Mon, 19 Mar 2018 22:12:03 +0000

Several large retail companies, including Wal-Mart, Target, Best Buy, and Macy's, are making a direct appeal to President Donald Trump not to impose tariffs on goods imported from China. Aleksandra Michalska reports.

Facebook sheds nearly $40 billion in value

Mon, 19 Mar 2018 19:24:35 +0000

Facebook shares fell on Monday after media reports that a political consultancy that worked on President Donald Trump’s campaign gained inappropriate access to data on 50 million Facebook users.

UK wins Brexit transition deal in return for Irish vow

Mon, 19 Mar 2018 18:55:51 +0000

Britain and the European Union have agreed to a transition period to avoid a "cliff edge" Brexit next year - though only after London accepted a potential solution for Northern Ireland's land border that may face stiff opposition at home. As Rosanna Philpott reports, the pound surged on confirmation that Britain would remain effectively a non-voting EU member for 21 months until the end of 2020.

Google to turn searches into cash

Mon, 19 Mar 2018 18:54:11 +0000

Alphabet's Google wants to take a cut of each purchase of Target, Walmart, and Costco products listed on Google Search, Google Express and Google Assistant. Aleksandra Michalska reports.

Uber self-driving car hits and kills a woman in Arizona

Mon, 19 Mar 2018 18:01:17 +0000

Uber slammed the breaks on its self-driving car program on Monday after one of its vehicles struck and killed a woman in Arizona.

Economy in focus for re-elected Putin

Mon, 19 Mar 2018 17:45:15 +0000

Russian President Vladimir Putin struck a softer tone towards the West on Monday after winning his biggest ever election victory, saying he had no desire for an arms race and would do everything he could to resolve differences with other countries. As Kate King reports, he also vowed to focus on a domestic economy damaged by years of sanctions.

Thousands flock to vehicle auction of Saudi tycoon

Mon, 19 Mar 2018 17:44:56 +0000

Hundreds of vehicles are sold at an auction in Saudi Arabia to settle the debt of billionaire Maan al-Sanea and his company, one of the kingdom's longest-running debt disputes.

Breakingviews TV: Faceplant

Mon, 19 Mar 2018 16:59:21 +0000

Robert Cyran and Jennifer Saba explain why Facebook’s lame response to a data breach shows Mark Zuckerberg and COO Sheryl Sandberg failing to grasp the depth of the firm’s problems.

Facebook shares slide after reports of data misuse

Mon, 19 Mar 2018 15:12:50 +0000

Facebook shares have fallen around five per cent after media reports that a political consultancy that worked on President Trump's campaign gained inappropriate access to data on 50 million Facebook users. Sonia Legg reports

Apple's Asia suppliers hit by MicroLED screen reports

Mon, 19 Mar 2018 14:48:25 +0000

Apple is developing its own MicroLED device displays and has made small numbers of the screens for testing, according to media reports sending shares in its Asian suppliers lower. Ciara Lee reports

Trade tensions set to dominate G20

Mon, 19 Mar 2018 14:48:04 +0000

Worries about the potential for a U.S.-China trade war and frustration over U.S. President Donald Trump's steel and aluminum tariffs are threatening to dominate at the G20 gathering of finance leaders in Buenos Aires this week. Kate King reports.

Wall St rises lifted by industrial data

Mon, 19 Mar 2018 14:27:38 +0000

U.S. stocks rose on Friday boosted by strong industrial output numbers. But as Fred Katayama reports, they posted losses for the week.

Banks biggest gains behind them

Mon, 19 Mar 2018 14:27:24 +0000

Ten years after Bear Stearns collapse, investor views on U.S. banks are significantly brighter, but the sector may have already seen its biggest gains. Aleksandra Michalska reports.

China's new economic team faces debt & trade issues

Mon, 19 Mar 2018 13:48:37 +0000

China elevated a key confidante of President Xi Jinping to one of the top positions in government on Monday as Beijing cracks down on riskier financing and a debt build-up that may pose systemic risks to the world's second-largest economy. Ciara Lee reports on the challenges ahead for China's new economic team.

Hyundai Motor shares slide as U.S. probes air bag failures

Mon, 19 Mar 2018 11:40:21 +0000

Shares in Hyundai Motor tumbled on Monday on news of a U.S. probe into why air bags failed to deploy in some of its Sonata sedans, with investors fretting about potential recall costs for the once popular cars. Scarlett Cvitanovich reports.

Shinzo Abe takes blame for loss of trust over scandal as polls dive

Mon, 19 Mar 2018 11:40:06 +0000

Japanese Prime Minister Shinzo Abe, his popularity plunging amid a cronyism scandal, takes responsibility for a loss of trust in his government but denies he or his wife had intervened in a land sale to a school operator with ties to his wife. Grace Lee reports.

Ford tries to improve China ties

Mon, 19 Mar 2018 11:39:50 +0000

After 20-odd years of "marriage" in China, Ford Motor Co is having relationship issues. As Sara Hemrajani reports, the U.S. automaker, losing ground in the world's largest car market, is reportedly struggling to maintain trust and respect with its mainland Chinese partners.

Shares slide as U.S. probe Hyundai air bag failures

Mon, 19 Mar 2018 10:49:07 +0000

Shares in Hyundai Motor tumbled on Monday on a U.S. probe into why air bags failed to deploy in some of its Sonata sedans, with investors fretting about potential recall costs for the once popular cars.