HOUSTON (Reuters) - Chevron Corp (CVX.N) reported a lower-than-expected quarterly profit on Friday as U.S. production slipped, offsetting a rise in oil and natural gas prices. Shares of the San Ramon, California-based company fell 1.2 percent t

U.S. health insurer Anthem's quarterly profit beats estimates

Nov 1st, 2017 4m 59s

(Reuters) - Anthem Inc (ANTM.N) reported better-than-expected quarterly profit as the No. 2 U.S. health insurer added more members in its commercial and specialty business and increased its premium rates. The company, which has significantly re

Chevron drops decision to leave Bangladesh

Oct 31st, 2017 1m 30s

DHAKA (Reuters) - The U.S. oil company Chevron (CVX.N) will not sell three subsidiaries and leave Bangladesh as planned, Chevron said on Sunday. Chevron had said in April it would sell to China’s Himalaya Energy Co. the wholly owned subsidiarie

Nike gives upbeat forecast at investor conference, shares rise

Oct 30th, 2017 2m 28s

(Reuters) - Nike Inc (NKE.N) said on Wednesday it expects earnings per share to grow in the mid-teens over the next five years, driven by online sales and new product categories, sending its shares up by about three percent. The stock was the t

United Tech tops profit estimates, raises forecasts

Oct 27th, 2017 3m 30s

(Reuters) - United Technologies Corp (UTX.N) on Tuesday reported a higher-than-expected quarterly profit, and raised its full-year earnings per share and sales forecasts for the second time this year. Shares of the maker of Otis Elevators, Prat

Apple, Samsung face new iPhone damages trial: U.S. judge

Oct 26th, 2017 3m 43s

(Reuters) - A U.S. judge has ordered a new trial to determine how much Samsung Electronics Co (005930.KS) should pay Apple Inc (AAPL.O) for copying the look of the iPhone. U.S. District Judge Lucy Koh in San Jose, California issued an order lat

Merck to cut 1,800 U.S. sales jobs, add 960 jobs in chronic care

Oct 25th, 2017 2m 29s

(Reuters) - Drugmaker Merck & Co Inc (MRK.N), moving to a new sales team structure in the United States, plans to cut 1,800 sales positions, while adding 960 jobs to a new chronic care sales force, the company said on Friday. Three of Merck’s U

Sexual harassment allegations spark review, meeting at Fidelity: WSJ

Oct 24th, 2017 4m 21s

NEW YORK (Reuters) - Fidelity Investments has hired a consulting firm to review employee behavior amid allegations of sexual harassment at the U.S. money manager stretching back years, the Wall Street Journal reported on Sunday.

Schlumberger warns of moderating North American activity

Oct 23rd, 2017 4m 19s

(Reuters) - Schlumberger Ltd (SLB.N) posted a bigger quarterly profit on Friday as its North American business continues to be helped by strong shale drilling, but the oilfield services giant said that investments in the region was moderating.

EBay's adjusted profit forecast disappoints, shares fall

Oct 20th, 2017 3m 11s

File photo - The eBay app is seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration (Reuters) - EBay Inc forecast current-quarter adjusted profit that was largely below analysts’ estimates as the c

Mitsubishi Motors eyes 30 percent rise in vehicle sales in three years

Oct 19th, 2017 3m 18s

FILE PHOTO: The logo of Mitsubishi Motors Corp is seen at a showroom of the company's headquarters in Tokyo, Japan May 9, 2017. REUTERS/Toru Hanai TOKYO (Reuters) - Mitsubishi Motors Corp (7211.T) on Wednesday said it planned to boost revenue a

Saudi Aramco asks FTI Consulting to halt IPO investor relations work: sources

Oct 18th, 2017 1m 33s

FILE PHOTO: Visitors are seen at the Saudi Aramco stand at the Middle East Process Engineering Conference & Exhibition in Manama, Bahrain, October 9, 2016. REUTERS/Hamad I Mohammed/File photo KHOBAR, Saudi Arabia/DUBAI (Reuters) - State-owned S

BASF to buy seeds, herbicide businesses from Bayer for $7 billion

Oct 16th, 2017 5m 22s

FRANKFURT (Reuters) - BASF has agreed to buy significant parts of Bayer’s seed and non-selective herbicide businesses for 5.9 billion euros ($7 billion) in cash, the two companies said on Friday. BASF, the world’s third-largest maker of crop ch

VW to develop electric trucks in $1.7 billion technology drive

Oct 13th, 2017 1m 28s

A Volkswagen logo is seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam HAMBURG (Reuters) - Volkswagen AG (VOWG_p.DE) will invest 1.4 billion euros ($1.7 billion) in new technologies including electri

Fiat Chrysler pushes back on consolidation with China's Great Wall

Oct 12th, 2017 1m 19s

FILE PHOTO: Fiat Chrysler CEO Sergio Marchionne answers questions from the media during the FCA Investors Day at the Chrysler World Headquarters in Auburn Hills, Michigan, U.S., on May 6, 2014. REUTERS/Rebecca Cook/File Photo NEW YORK (Reuters)

IKEA stores' full-year sales up 5 percent to 38 billion euros

Oct 11th, 2017 3m 39s

FILE PHOTO: A woman is seen in an Ikea shop in a mall in Rome, Italy, May 19, 2017. REUTERS/Max Rossi/File Photo STOCKHOLM (Reuters) - IKEA stores worldwide turned over a total of 38.3 billion euros ($44.9 billion) in the fiscal year through Au

Netflix increases monthly subscription fees for two plans

Oct 9th, 2017 2m 41s

FILE PHOTO: The Netflix logo is pictured on a television remote in this illustration photograph taken in Encinitas, California, U.S., on January 18, 2017. REUTERS/Mike Blake/File Photo (Reuters) - Netflix Inc has raised the monthly subscription

U.S. jury cuts damages in TCS-Epic trade secrets lawsuit

Oct 6th, 2017 1m 22s

FILE PICTURE: Logos of Tata Consultancy Services (TCS) are displayed at the venue of the annual general meeting of the software services provider in Mumbai, June 29, 2012. REUTERS/Vivek Prakash MUMBAI (Reuters) - India’s top software services e

Short sellers 'clamoring' to borrow Roku shares: S3 Partners

Oct 5th, 2017 1m 51s

A video sign displays the logo for Roku Inc, a Fox-backed video streaming firm, in Times Square after the company's IPO at the Nasdaq Market in New York, U.S., September 28, 2017. REUTERS/Brendan McDermid SAN FRANCISCO (Reuters) - Traders on Tu

Britain will lobby U.S., Canada over Bombardier dispute: Hammond

Oct 4th, 2017 1m 28s

Britain's Chancellor of the Exchequer Philip Hammond arrives at the Conservative Party's conference in Manchester, October 2, 2017. REUTERS/Phil Noble MANCHESTER, England (Reuters) - Finance minister Philip Hammond said on Monday Britain would

EU to propose new tax rules for online sector in 2018: Juncker

Oct 3rd, 2017 1m 4s

President of the European Commission Jean-Claude Juncker listens at a news conference during the European Union Tallinn Digital Summit in Tallinn, Estonia, September 29, 2017. REUTERS/Ints Kalnins TALLINN (Reuters) - The European Commission wil

Toyota, Mazda, Denso to form electric vehicle venture: sources

Oct 2nd, 2017 3m 39s

The Toyota logo is seen on a car in a park lot in Sao Paulo, Brazil June 2, 2017. REUTERS/Paulo Whitaker TOKYO (Reuters) - Toyota Motor Corp (7203.T), Mazda Motor Corp (7261.T) and parts maker Denso Corp (6902.T) are planning to set up a joint

Brazil's Oi mulls increasing size of capital plan, paper reports

Sep 28th, 2017 1m 31s

FILE PHOTO -- The logo of Brazil's largest fixed-line telecoms group Oi is seen inside a shop in Sao Paulo October 2, 2013. REUTERS/Nacho Doce/File Photo SAO PAULO (Reuters) - Management at Oi SA (OIBR4.SA) will propose that the board of the de

FedEx says financial drain from cyber attack to linger through 2018

Sep 27th, 2017 3m 8s

A package of the FedEx courier delivery services company is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration (Reuters) - Package delivery company FedEx Corp (FDX.N) said on Wednesday a June cyber attack on its

DR Horton cuts cash flow forecast 50 percent due to hurricanes

Sep 26th, 2017 2m 33s

FILE PHOTO: A house built by the D.R. Horton company is seen for sale in Arvada, Colorado January 24, 2017. REUTERS/Rick Wilking (Reuters) - D.R. Horton Inc (DHI.N), the No.1 U.S. homebuilder, slashed its 2017 cash flow forecast from operations