Reuters

Trump touts plan to change visas for skilled foreign workers

By Yeganeh Torbati and Mica Rosenberg NEW YORK (Reuters) - U.S. President Donald Trump said on Friday he plans changes to the H-1B program that grants temporary visas for specialty occupations such as technology or medicine, but his administration said later...

Friday, January 11, 2019 - 4:06pm

U.S. consumer prices post first drop in nine months on gasoline

By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices fell for the first time in nine months in December amid a plunge in gasoline prices, but underlying inflation pressures remained firm as rental housing and healthcare costs rose steadily...

Friday, January 11, 2019 - 12:03pm

Pained Murray says Australian Open could be his swansong

By Ian Ransom MELBOURNE (Reuters) - Andy Murray may retire after the Australian Open, with the severe pain from his troublesome right hip having become almost unbearable for him to play on, the former world number one said on Friday. Overcome with emotion, the three-...

Friday, January 11, 2019 - 12:03pm

Near Syrian border, Turkish defense minister vows operation when time is right

ISTANBUL (Reuters) - Turkey's defense minister on Friday pledged to wage a campaign against a U.S.-backed Syrian Kurdish militia, sharpening focus on a potential conflict the United States has sought to prevent. The comments from Hulusi Akar, on an...

Friday, January 11, 2019 - 9:05am

Exclusive: GM's Cadillac will introduce EV in fight against Tesla - sources

By David Shepardson WASHINGTON (Reuters) - Cadillac is expected to become General Motors Co's <GM.N> lead electric vehicle brand as the largest U.S. automaker gears up to introduce a new model under that luxury marquee to challenge Tesla Inc <TSLA.O...

Friday, January 11, 2019 - 9:05am

China retailers slash iPhone prices after Apple sales warning

SHANGHAI (Reuters) - Several Chinese electronics retailers including Alibaba-backed Suning <002024.SZ> and JD.com <JD.O> have slashed iPhone prices this week, after Apple <AAPL.O> recently blamed poor sales of the smartphone in the country for a rare...

Friday, January 11, 2019 - 8:03am

Exclusive: Leading Brexit donors say Britain will reverse decision to leave EU

By Andrew MacAskill, Ben Martin and Maiya Keidan LONDON (Reuters) - Two of the biggest donors to the Brexit campaign say they now believe the project they championed will eventually be abandoned by the government and the United Kingdom will stay in the...

Friday, January 11, 2019 - 7:04am

Nissan ex-chief Ghosn seeks bail after indictment on two new charges

By Kiyoshi Takenaka and Tim Kelly TOKYO (Reuters) - Nissan ex-Chairman Carlos Ghosn has requested his release on bail after being indicted in Tokyo on Friday on two new charges, his lawyers said, as the once-feted auto executive awaits a lengthy criminal...

Friday, January 11, 2019 - 7:04am

How Santander's Brazil unit is driving growth with car loans

By Carolina Mandl SAO PAULO (Reuters) - At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch. There is a faded blue 2003 Renault...

Friday, January 11, 2019 - 4:03am

'The whole country is a prison': No sign of better rights in North Korea - U.N.

By Josh Smith SEOUL (Reuters) - Despite more than a year of international engagement and promises of economic reform by North Korea's leaders, the human rights situation in the isolated country remains dire, a top U.N. rights official said on...

Friday, January 11, 2019 - 4:03am

China's Wanda files for U.S. IPO of sports unit to raise up to $500 million: sources

HONG KONG/NEW YORK (Reuters) - Chinese conglomerate Dalian Wanda Group has filed confidentially for a U.S. initial public offering of its sports unit that could fetch up to $500 million, according to sources with direct knowledge of the matter. The company...

Friday, January 11, 2019 - 4:03am

Exclusive: China to set lower GDP growth target of 6-6.5 percent in 2019 - sources

By Kevin Yao BEIJING (Reuters) - China plans to set a lower economic growth target of 6-6.5 percent in 2019 compared with last year's target of "around" 6.5 percent, policy sources told Reuters, as Beijing gears up to cope with higher U.S. tariffs and...

Friday, January 11, 2019 - 4:03am

Exclusive: Goldman Sachs on course to launch cash management in mid-2020

By Elizabeth Dilts and Sumeet Chatterjee NEW YORK/HONG KONG (Reuters) - Goldman Sachs Group Inc <GS.N> is considering paying big multinational corporations more for their deposits than other banks as it paves the way for its entry into a mundane...

Friday, January 11, 2019 - 3:02am

Social media giants plan push-back on India's new regulations: sources

By Aditya Kalra NEW DELHI (Reuters) - Global social media and technology giants are gearing up to fight sweeping new rules proposed by the Indian government that would require them to actively regulate content in one of the world's biggest Internet markets,...

Friday, January 11, 2019 - 2:01am

Taiwan appoints new premier after resignations over poll defeats

By Yimou Lee and Jess Macy Yu TAIPEI (Reuters) - Taiwan on Friday appointed the former chairman of its ruling pro-independence party as premier, after the incumbent resigned along with the entire cabinet, in response to local election defeats...

Friday, January 11, 2019 - 1:33am

Trump's attorney general nominee to recuse from AT&T-Time Warner appeal

By Mark Hosenball, Sarah N. Lynch and Andy Sullivan WASHINGTON (Reuters) - William Barr, nominated by President Donald Trump to become U.S. attorney general, plans to recuse himself from a major antitrust case, according to people who spoke with him on...

Thursday, January 10, 2019 - 10:23pm

J&J raises U.S. prices on around two dozen drugs

By Michael Erman NEW YORK (Reuters) - Johnson & Johnson raised U.S. prices on around two dozen prescription drugs on Thursday, including the psoriasis treatment Stelara, prostate cancer drug Zytiga and blood thinner Xarelto, all among its top-selling...

Thursday, January 10, 2019 - 10:23pm

Former Insys CEO to plead guilty in opioid kickback case

By Nate Raymond BOSTON (Reuters) - The former chief executive of Insys Therapeutics Inc is expected on Wednesday to plead guilty to participating in a scheme to pay doctors bribes in exchange for prescribing an addictive opioid medication....

Wednesday, January 9, 2019 - 7:36am

U.S.-China trade talks conclude as hopes of a deal build

By Cate Cadell and Michael Martina BEIJING (Reuters) - Chinese and U.S. teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes an all-out trade...

Wednesday, January 9, 2019 - 7:36am

As Brexit debate begins, PM fails to win over Northern Irish kingmakers

By Andrew MacAskill and William James LONDON (Reuters) - British Prime Minister Theresa May failed to win over the Northern Irish party which props up her government to her Brexit deal on Wednesday, just hours before lawmakers were due to resume a debate on...

Wednesday, January 9, 2019 - 7:36am