• By Reuters   -   Sep 19, 2018

    HAIR-DOS FOR $3? RUSSIA'S BOOMING BARBERSHOP CUTS ALL THE FRILLS

    A new chain of hair salons in Russia offering haircuts for just $3 by employing no staff except for hairdressers is expanding and thinks...

    Business, Employment, Russia
  • By Reuters   -   Sep 19, 2018

    DANSKE BANK CEO QUITS IN $234BLN MONEY LAUNDERING SCANDAL

    Danske Bank's chief executive Thomas Borgen resigned on Wednesday after a investigation revealed payments totalling 200 billion euros...

    Banks, Bank
  • By Reuters   -   Sep 19, 2018

    LA MOVES TO BAN FUR PRODUCTS

    Los Angeles, the city of fashion and glamour, clears the way towards becoming the largest U.S. metropolis to outlaw the sale of fur...

    Sale, Moving
  • By Reuters   -   Sep 19, 2018

    STRAP ON THE FITBIT: JOHN HANCOCK TO SELL ONLY INTERACTIVE LIFE INSURANCE

    John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead...

    Insurance, Life Insurance, Companies, Company, Data, Insurances, businessNews
  • By Reuters   -   Sep 19, 2018

    S&P, DOW LIFTED BY FINANCIALS; MICROSOFT PRESSURES NASDAQ

    The S&P 500 and the Dow Jones Industrials Average rose on Wednesday, as bank stocks gained on rising Treasury yields, while a drop...

    Nasdaq, Industry, Bank, Banks, Dow Jones, Industries, businessNews
  • By Reuters   -   Sep 19, 2018

    GOLDMAN SACHS NEARS DEAL TO SELL ITS FINTECH APP: WSJ

    Goldman Sachs is in advanced talks with several financial companies to spin off 'Simon', its three-year-old app that sells financial...

    Company, Companies, businessNews
  • By Reuters   -   Sep 19, 2018

    AMAZON'S USE OF MERCHANT DATA UNDER EU MICROSCOPE

    EU regulators are quizzing merchants and others on U.S. online retailer Amazon's use of their data to discover whether there is a need...

    Europe, Data, Actions, Action, businessNews
  • By Reuters   -   Sep 19, 2018

    CHINA'S TENCENT MUSIC SEEKS $2 BILLION IN U.S. IPO: SOURCES

    Tencent Music Entertainment Group, China's biggest music-streaming company, is seeking to raise about $2 billion in a U.S. listing,...

    Company, Companies, China, businessNews
  • By Reuters   -   Sep 19, 2018

    RISE IN TREASURY YIELDS WEIGHS ON WALL ST

    U.S. stock markets were on course to dip at opening on Wednesday, as the focus shifted away from a trade spat with China to rising...

    Trading, China, Market, Marketing, businessNews
  • By Reuters   -   Sep 19, 2018

    BANK OF JAPAN HOLDS POLICY DESPITE TRADE PERILS

    Japan's exports rose in August and its central bank kept its view the economy was expanding modestly, but policy makers and analysts...

    Trading, Japan, Investment, Investments, Banks, Bank, Invest, Economy
  • By Reuters   -   Sep 19, 2018

    CHINA SAYS WON'T WEAKEN CURRENCY TO BOOST EXPORTS, AS U.S. TARIFFS MOUNT

    China will not engage in competitive currency devaluations, Premier Li Keqiang stressed, hours after China hit back, with a softer...

    World, Land, China, Currencies, Currency, United States, Economy
  • By Reuters   -   Sep 19, 2018

    AUTONATION'S MIKE JACKSON TO STEP DOWN AS CEO NEXT YEAR

    AutoNation Inc's longtime Chief Executive Officer Mike Jackson will step down from the role next year but remain executive chairman...

    businessNews
  • By Reuters   -   Sep 19, 2018

    FUTURES FLAT, 10-YEAR YIELDS HEAD BACK ABOVE 3 PERCENT

    U.S. stock markets headed for a flat open on Wednesday, holding just off three-week highs after brushing aside the latest blows in...

    Trading, Marketing, Futures, Future, Market, businessNews
  • By Reuters   -   Sep 19, 2018

    MARS AIMS TO TACKLE 'BROKEN' COCOA MODEL WITH NEW SUSTAINABILITY SCHEME

    Mars Wrigley Confectionery launched a new sustainability strategy on Wednesday with the aim of combating deforestation, child labor...

    Sustainability, businessNews
  • By Reuters   -   Sep 19, 2018

    CHINA SAYS WON'T WEAKEN CURRENCY TO BOOST EXPORTS, AS U.S. TARIFFS MOUNT

    China will not stoop to competitive devaluation of its currency, Premier Li Keqiang stressed, hours after China hit back, with a softer...

    World, Land, China, Currencies, Currency, United States, Economy, businessNews
  • By Reuters   -   Sep 19, 2018

    KPMG ADMITS MISCONDUCT ON BNY MELLON REPORTS, SAYS WATCHDOG

    KPMG and one of its partners have admitted to serious failings in compliance reports for Bank of New York Mellon , Britain's accountancy...

    New York, Banks, Bank, businessNews
  • By Reuters   -   Sep 19, 2018

    LUXEMBOURG WELCOMES EU RULING ON MCDONALD'S TAXES

    Luxembourg welcomed on Wednesday the European Commission's ruling that its tax deal with McDonald's was not illegal after a three-year...

    Taxes, Tax, businessNews
  • By Reuters   -   Sep 19, 2018

    TOSHIBA MEMORY CHIEF SHRUGS OFF PRICE CONCERNS, STICKS WITH IPO PLANS

    The chief executive of Toshiba Memory Corp, the world's No. 2 producer of NAND flash memory chips, on Wednesday brushed aside concerns...

    World, Company, Companies, businessNews
  • By Reuters   -   Sep 19, 2018

    EU SAYS MCDONALD'S, LUXEMBOURG TAX DEAL NOT ILLEGAL

    McDonald's tax deal with Luxembourg did not breach EU state aid rules, EU antitrust regulators ruled on Wednesday, saying the reason...

    Taxes, Tax, businessNews
  • By Reuters   -   Sep 19, 2018

    WORLD STOCKS BAT ASIDE TRADE WAR FEARS, RALLY FOR SECOND DAY

    Global equities rallied for a second straight day on Wednesday while safe-haven assets such as U.S. bonds and the Japanese yen slipped...

    Bond, Bonds, China, World, Trading, businessNews