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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: Mon, 26 Jun 2017 18:34:57 +0100

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Breakingviews TV: Nestlé's obvious activist

Mon, 26 Jun 2017 17:48:53 +0100

June 26 - Antony Currie and Jeff Goldfarb explain why Dan Loeb’s run at the $270 bln consumer firm holds no surprises – and why pushing for an independent chairman might be a better call.

'Pharma bro' Martin Shkreli heads into fraud trial

Mon, 26 Jun 2017 17:26:36 +0100

Martin Shkreli, the pharmaceutical entrepreneur vilified as the "pharma bro" for raising the price of a life-saving drug by 5,000 percent, will go on trial on Monday for what U.S. prosecutors called a Ponzi-like scheme at his former hedge fund and a drug company he once ran.

U.S. activist presses for 'bold action' at Nestle

Mon, 26 Jun 2017 16:43:00 +0100

U.S. activist shareholder Third Point has targeted Nestle by taking a $3.5 billion stake in the food maker and urging Europe's most valuable company to boost returns as demand for its products weakens. Sonia Legg reports

Israel looks to Ukraine to solve tech shortage

Mon, 26 Jun 2017 15:32:00 +0100

Israel faces a shortage of 10,000 programmers and engineers, which means its lucrative tech industry could lose its global edge if startups suffer. Ciara Lee reports on how firms are looking to Eastern Europe for help.

Sterling rises as May forms minority government

Mon, 26 Jun 2017 15:43:00 +0100

Sterling gained 0.2 percent against the dollar and euro on Monday as Prime Minister Theresa May struck a deal to prop up her minority government, peeling away one layer of uncertainty for Britain as its negotiates its exit from the European Union. Kate King reports.

Facebook talks to Hollywood studios

Mon, 26 Jun 2017 15:43:00 +0100

The social network is seeking to produce scripted, TV-quality shows and short-form content with big production budgets. Fred Katayama reports.

Italy bank deal lifts shares, shoppers lift Germany

Mon, 26 Jun 2017 13:46:00 +0100

Shares in Europe and Asia have started off the week on a positive note, with Italian banks gaining after a deal to wind up two failed regional lenders. As Sonia Legg reports, German business confidence also unexpectedly rose in June to a record high.

Apology from Takata CEO after bankruptcy move

Mon, 26 Jun 2017 12:59:00 +0100

The boss of embattled airbag maker Takata Corp has apologised after the japanese firm filed for bankruptcy protection in Japan and said it would seek $1.588 billion in financial aid from U.S.-based auto parts supplier Key Safety Systems. Kate King reports

Italy digs deep to wind up struggling Veneto banks

Mon, 26 Jun 2017 11:49:00 +0100

Italian government bond yields have risen after the European Commission approved the rescue of assets of two struggling Veneto banks. As Ciara Lee reports, it ended months of speculation over whether Italy would be able to bypass regulations preventing state bailouts of banks.

Airbag maker Takata files for bankruptcy protection

Mon, 26 Jun 2017 12:38:00 +0100

Japan's Takata Corp files for bankruptcy protection in the United States and Japan and says it will seek $1.6 billion in aid from U.S.-based Key Safety Systems. Reuters Naomi Tajitsu explains what happened from Tokyo.

SPECIAL REPORT: The Fed's secret role in U.S. money surveillance

Mon, 26 Jun 2017 02:52:00 +0100

The Federal Reserve's little-known role housing the assets of other central banks comes with a unique benefit to the United States: It serves as a source of foreign intelligence for Washington.

Ex-pharma CEO Shkreli on trial for securities fraud

Sun, 25 Jun 2017 16:12:00 +0100

Former drug executive Martin Shkreli's trial over allegations he ran a Ponzi scheme that defrauded investors begins Monday in New York.

Weekahead: Central banks head for Portuguese hills

Sun, 25 Jun 2017 19:10:00 +0100

The cool shade of the hills above Lisbon will offer leading central bankers an escape from the summer heat in the coming week, but there is little they can do to get away from their differing monetary policy conundrums. Ciara Lee reports on the key events of the coming week.

Sensors help cyclists forward from the rear

Sun, 25 Jun 2017 06:00:00 +0100

Specialized Bicycles, the second biggest bike maker in the U.S., has embraced Apple’s iPad to power a digital butt-measuring device to help riders find just the right bicycle seat to make long hours on the saddle more comfortable.

Amazon's costly fix for the grocery business

Sat, 24 Jun 2017 19:57:14 +0100

If Amazon hopes to revolutionize grocery delivery, then its bid to buy Whole Foods Market for $13.7 billion will be just the start of a long and costly process.

Tech start-up Boxed chooses man and machine

Fri, 23 Jun 2017 23:01:58 +0100

When online bulk shopping start-up Boxed automated its New Jersey distribution warehouse, it also performed the most rare of feats -- not firing a single human being.

London tower fire began in Hotpoint fridge freezer

Fri, 23 Jun 2017 17:39:00 +0100

A fire that killed at least 79 people at a London tower block started in a fridge freezer made by Hotpoint, a European brand owned by U.S. giant Whirlpool. As Ivor Bennett reports, the world's largest maker of home appliances says it's working with the authorities.

Sensors, alerts keep drivers awake in autonomous cars

Fri, 23 Jun 2017 19:18:03 +0100

Automakers are using tiny cameras, sensors to track drooping heads, steering wheel monitors, sophisticated software and audible alerts to ensure drivers are paying attention when using advanced driver assistance systems, like Tesla’s Autopilot, that allow drivers to take their hands off the wheel.

Bed Bath & Beyond stock plunges

Fri, 23 Jun 2017 20:14:00 +0100

Bed Bath & Beyond's shares slumped after a surprise fall in Q1 comparable sales. Fred Katayama reports.

Tech stocks have topped out, says Jeff Tomasulo

Tue, 20 Jun 2017 20:05:00 +0100

Vespula Capital's Jeff Tomasulo tells Reuters' Fred Katayama why he thinks tech stocks could drop 15 percent.

Biotechs have begun breaking out, says Scott Colyer

Wed, 21 Jun 2017 20:35:00 +0100

Expanding earnings will keep driving biotech stocks higher, Advisor Asset Management's Scott Colyer tells Reuters' Fred Katayama.

Buy healthcare and tech on dips, says Carin Pai

Thu, 22 Jun 2017 20:22:00 +0100

Strong balance sheets and a potential tax repatration should extend the rally in healthcare and tech stocks, Fiduciary Trust's Carin Leong Pai tells Reuters' Fred Katayama.

Breakingviews TV: Destressing U.S. banks

Fri, 23 Jun 2017 17:43:00 +0100

June 23 - Antony Currie and Gina Chon explain why the Fed may lose a key early-warning system about the nation’s biggest lenders if plans to defang parts of the annual stress tests go ahead.

Russia develops a taste for alcohol-free beer

Fri, 23 Jun 2017 15:55:00 +0100

Russians are among the biggest drinkers of alcohol in the world, yet are developing a new taste for alcohol-free beer. As Sonia Legg reports, it could help save a brewing industry that has stalled under government initiatives to discourage drinking.

Storage tanks full, oil set for worst H1 in 20 yrs

Fri, 23 Jun 2017 12:22:00 +0100

Oil edged up on Friday, recovering some of its steep falls earlier in the week, but crude is still set for its worst first-half decline in two decades despite ongoing production cuts. Ciara Lee reports.