CHICAGO (Reuters) – Harley-Davidson Inc (HOG.N) is betting on electric motorcycles to attract the next generation of younger and more environmentally conscious riders to reverse declining U.S. sales. Harley-Davidson’s new electric motorcycle, LiveWire, is shown in this handout photo released by Harley-Davidson. Harley-Davidson Motor Company/Handout via REUTERS But as Harley ships its first “LiveWire” bikes
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FILE PHOTO: A man walks past a logo of HSBC at its headquarters in Kuala Lumpur, Malaysia August 6, 2019. REUTERS/Lim Huey Teng/File Photo (Reuters) – HSBC Holdings Plc (HSBA.L) is planning to cut up to 10,000 jobs as interim Chief Executive Officer Noel Quinn seeks to reduce costs across the banking group, the Financial
By Andrea Shalal and Aleksandra Michalska FILE PHOTO: Italian Parmesan (R) and Pecorino Romano (L) cheese are displayed on a counter at a deli in Rome, Italy, October 3, 2019. REUTERS/Yara Nardi WASHINGTON/WEST CALDWELL, New Jersey (Reuters) – Ambriola Co Inc’s mammoth warehouse in West Caldwell, New Jersey, is crammed full of boxes and wheels
FILE PHOTO: Spain’s acting Prime Minister Pedro Sanchez looks on during a news conference at the Moncloa Palace after a meeting with King Felipe in Madrid, Spain, September 17, 2019. REUTERS/Javier Barbancho MADRID (Reuters) – Spain’s acting prime minister Pedro Sanchez said on Saturday he would seek to defend the country’s agricultural sector in the
(Reuters) – U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, which could assuage financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions. KEY POINTS: * Sept nonfarm payrolls +136,000 (consensus +145,000) vs Aug +168,000 (prev
SAN FRANCISCO (Reuters) – PG&E Corp said in court papers on Friday it has debt financing commitments of $34.35 billion for a planned Chapter 11 bankruptcy reorganization, countering a group of noteholders that has proposed its own reorganization plan for the California power producer. FILE PHOTO: PG&E crew work on power lines to repair damage
JAKARTA/NEW DELHI (Reuters) – U.S. trade officials, at the request of card networks Mastercard (MA.N) and Visa (V.N), convinced Indonesia late last year to loosen rules governing its new domestic payment network, according to Indonesian government and industry sources, and emails reviewed by Reuters. FILE PHOTO: A Mastercard logo is seen on a credit card
SAN FRANCISCO (Reuters) – The implosion of office space company WeWork this week is being digested as a lesson for Silicon Valley startups – in what not to do. FILE PHOTO: Adam Neumann, CEO of WeWork, speaks to guests during the TechCrunch Disrupt event in Manhattan, in New York City, NY, U.S. May 15, 2017.
LONDON (Reuters) – Scottish whisky makers said on Thursday jobs and investment were at risk after the United States slapped a 25% tariff on their single malt spirit and France said the European Union could respond in the row over EU aircraft subsidies. FILE PHOTO: U.S. and European Union flags are pictured during the visit
A GoPro camera is seen in this illustration photo January 9, 2018. REUTERS/Thomas White/Illustration (Reuters) – GoPro Inc (GPRO.O) cut its profit outlook for the second half of the year citing a delay in production of its latest Hero8 Black cameras, sending its shares down 18% in extended trading. The company, which launched two new
LONDON (Reuters) – A major global share index hit its lowest level in a month on Wednesday after U.S. manufacturing activity tumbled to more than a decade low, sparking worries that the fallout from the U.S.-China trade war is spreading to the U.S. economy. The dollar steadied, having earlier been knocked off its highest levels
CHICAGO (Reuters) – Deere & Co (DE.N) on Tuesday announced indefinite layoffs for 163 U.S. manufacturing workers at plants in Illinois and Iowa that make agricultural, forestry and construction equipment, citing decreased customer demand. FILE PHOTO: Equipment for sale is seen at a John Deere dealer in Denver May 14, 2015. REUTERS/Rick Wilking The layoffs
SAN FRANCISCO (Reuters) – Major U.S. fund managers have tens of billion of dollars at stake in some of the most popular Chinese stocks on Wall Street, exposing them to potential losses should the White House move to delist Chinese firms from U.S. exchanges. FILE PHOTO: Traders work on the floor at the New York
FILE PHOTO: United Technologies logo is displayed on a screen at the post where it’s stock is traded on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 5, 2017. REUTERS/Brendan McDermid WASHINGTON (Reuters) – Pratt & Whitney, a unit of United Technologies Corp (UTX.N), has been awarded a $2.2
LONDON (Reuters) – World shares on Monday largely shrugged off reports that Washington is considering delisting Chinese companies from U.S. stock exchanges, with market players downplaying the likelihood of such radical escalation of the U.S.-China trade war. FILE PHOTO – Passersby are reflected on a stock quotation board outside a brokerage in Tokyo, Japan, August
(Reuters) – Nasdaq Inc (NDAQ.O) is cracking down on initial public offerings (IPOs) of small Chinese companies by tightening restrictions and slowing down their approval, according to regulatory filings, corporate executives and investment bankers. FILE PHOTO: Taxi cabs drive past the Nasdaq MarketSite in New York’s Times Square, August 23, 2013.REUTERS/Andrew Kelly/File Photo Nasdaq’s attempt