SEC launched extensive probe to identify sources in Reuters stories
NEW YORK/WASHINGTON (Reuters) – A U.S. Securities and Exchange Commission watchdog conducted an extensive, months-long investigation to find out who had leaked information that appeared in two Reuters stories published last autumn, but it was unable to…
France’s Iliad challenges Sprint for control of T-Mobile
PARIS/NEW YORK (Reuters) – French telecommunications company Iliad SA has made a surprise offer for T-Mobile US Inc , setting up a potential bidding war with Sprint Corp , the U.S. mobile carrier now controlled by Japan’s Softbank Corp .
Fiat investors vote on Chrysler merger to ease access to cash, U.S. investors
TURIN Italy (Reuters) – Fiat shareholders are expected to approve the Italian carmaker’s merger with its U.S. unit Chrysler on Friday, a union aimed at boosting the world’s seventh-largest auto group’s appeal with foreign investors and paving the way f…
Tesla expects to boost 2015 output to more than 60,000
DETROIT (Reuters) – Tesla Motors Inc, the California-based maker of luxury electric cars, said it expects to build more than 60,000 cars in 2015, after spending heavily this year to update and expand its Fremont assembly plant.
Fiat investors vote on Chrysler merger to ease access to cash, U.S. investors
TURIN Italy (Reuters) – Fiat shareholders are expected to approve the Italian carmaker’s merger with its U.S. unit Chrysler on Friday, a union aimed at boosting the world’s seventh-largest auto group’s appeal with foreign investors and paving the way f…
France’s Iliad challenges Sprint for control of T-Mobile
PARIS/NEW YORK (Reuters) – French telecommunications company Iliad SA has made a surprise offer for T-Mobile US Inc , setting up a potential bidding war with Sprint Corp , the U.S. mobile carrier now controlled by Japan’s Softbank Corp .
Action camera maker GoPro reports bigger loss as costs double
(Reuters) – GoPro Inc, which makes wearable cameras used by surfers, skydivers and other action junkies to post their exploits online, reported a bigger quarterly loss as costs nearly doubled.
India’s demands block $1 trillion WTO deal on customs rules
NEW DELHI/GENEVA (Reuters) – The World Trade Organization failed on Thursday to reach a deal to standardise customs rules, which would have been the first global trade reform in two decades but was blocked by India’s demands for concessions on agricult…
Argentine default to hit Brazil factories, Uruguay resorts
RIO DE JANEIRO/BRASILIA (Reuters) – Argentina’s debt default threatens to worsen trade tensions in South America, adding to the economic woes of Brazil in a tense election year and causing headaches in Uruguay as the Argentine economy looks likely to p…
S&P500 index posts worst fall since April; indexes down for July
NEW YORK (Reuters) – The U.S. S&P500 stock index posted its worst daily fall since April and its first monthly drop since January on Thursday, as economic data sparked concern the Federal Reserve could raise interest rates sooner than some have expected.