Business

FILE PHOTO: The logo of Facebook is seen in Davos, Switzerland Januar 20, 2020. REUTERS/Arnd Wiegmann MILAN (Reuters) – Italy’s competition watchdog has launched proceedings against Facebook for non-compliance with a previous request it had made regarding improper commercial practices in the group’s treatment of user data, the agency said on Friday. The procedure could

GEORGETOWN (Reuters) – Guyana’s government next month plans to begin a search for an oil company or trading firm to market its share of the South American country’s crude, the director of the Department of Energy, Mark Bynoe, said in an interview. Mark Bynoe, the director of Guyana’s Department of Energy, talks to Reuters in

TOKYO (Reuters) – Oil prices fell to their lowest in seven weeks on Thursday, sliding more than 1% on concern that the spread of a respiratory virus from China may lower fuel demand if it stunts economic growth in an echo of the SARS epidemic nearly 20 years ago. FILE PHOTO: Oil pump jacks work

FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, U.S. July 1, 2019. REUTERS/Lindsey Wasson/File Photo WASHINGTON (Reuters) – Boeing chief executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 max production “months” before its forecasted mid-year return to

TOKYO (Reuters) – A lieutenant to Carlos Ghosn who is facing charges in Japan for underreporting his salary at Nissan Motor Co (7201.T) stands a very high chance of being acquitted, as would Ghosn had he remained in Japan to face trial, a former prosecutor said. FILE PHOTO: Greg Kelly, the former deputy of ousted

A Boeing 737 Max aircraft taxis the runway at the Renton Municipal Airport in Renton, Washington, U.S. January 10, 2020. REUTERS/Lindsey Wasson WASHINGTON (Reuters) – Boeing Co (BA.N) shares plunged on Tuesday after the planemaker told airlines and suppliers it now forecasts it does not expect to win approval from regulators for the return of

FILE PHOTO: A sign is seen outside BP’s North Sea Headquarters in Aberdeen, Scotland January 15, 2015. Oil majors BP and ConocoPhillips will cut over 500 jobs in the North Sea following similar moves by rivals to reduce costs in one of the world’s most expensive exploration areas as oil prices tumble. REUTERS/Russell Cheyne/File Photo

FILE PHOTO: AmBev (Companhia de Bebidas das Americas) beer crates are pictured in their unit in Fortaleza, Brazil January 10, 2019. REUTERS/Paulo Whitaker SAO PAULO (Reuters) – Brazilian beverages company Ambev SA has set an ambitious target of eliminating plastic pollution in its packaging by 2025, in a push that an executive said on Monday

LONDON (Reuters) – Move over revenue growth and dividend payouts: it’s time to take your portfolio’s temperature. FILE PHOTO: People are silhouetted against the setting sun at “El Mirador de la Alemana” (The viewpoint of the German), as the summer’s second heatwave hits Spain, in Malaga, southern Spain July 24, 2019. REUTERS/Jon Nazca Policymakers are

FILE PHOTO: Mexican Deputy Foreign Minister for North America Jesus Seade gestures as he speaks during a meeting at the Presidential Palace, in Mexico City, Mexico December 10, 2019. REUTERS/Henry Romero/File Photo MEXICO CITY (Reuters) – Mexico should move to deepen its economic ties with China after U.S. congressional approval of a new North American

FILE PHOTO: A Lufthansa Airbus A380-800 aircraft lands at Frankfurt Airport in Frankfurt, Germany April 29, 2019. REUTERS/Ralph Orlowski/File Photo BERLIN (Reuters) – German cabin crew union UFO said on Saturday it was planning further strikes at Lufthansa (LHAG.DE) to increase pressure on management after talks with Germany’s largest airline and two potential mediators did

BERLIN (Reuters) – Around 250 Germans on Saturday protested in the outskirts of Berlin where electric car startup Tesla is planning to build a gigafactory, saying its construction will endanger water supply and wildlife in the area. Demonstrators hold anti-Tesla posters during a protest against plans by U.S. electric vehicle pioneer Tesla to build its

FILE PHOTO: James P. Gorman, chairman & CEO of Morgan Stanley, testifies before a House Financial Services Committeeon Capitol Hill in Washington, U.S., April 10, 2019. REUTERS/Aaron P. Bernstein/File Photo NEW YORK (Reuters) – Morgan Stanley (MS.N) said on Friday that its board lowered Chief Executive Officer James Gorman’s total compensation for 2019 to $27

NEW YORK (Reuters) – Oil prices steadied on Friday as sluggish economic growth in China, the world’s biggest crude importer, raised concerns over fuel demand and countered optimism from the signing of a China-U.S. trade deal. FILE PHOTO: A maze of crude oil pipes and valves pictured during a tour by the Department of Energy

FILE PHOTO: A maze of crude oil pipes and valves pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.S., June 9, 2016. REUTERS/Richard Carson SINGAPORE/TOKYO (Reuters) – Oil prices were steady on Friday as reports of sluggish economic growth in China, the world’s biggest crude importer,

FILE PHOTO: Flags of the U.S., Canada and Mexico fly next to each other in Detroit, Michigan, U.S. August 29, 2018. REUTERS/Rebecca Cook WASHINGTON (Reuters) – The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but leaves $1.2 trillion