January 11, 2018

Wal-Mart’s Sam’s Club to shut stores after ‘review’

(Reuters) – Sam’s Club, a unit of Wal-Mart Stores Inc , closed a series of stores following a review, the membership-only store chain said in a […]
January 11, 2018

Canada taking U.S. NAFTA threat seriously, seeks to end logjam

LONDON, Ontario (Reuters) – The threat of the United States quitting NAFTA has to be taken seriously, Canada’s foreign minister said on Thursday, even as Ottawa […]
January 11, 2018

Kering to spin off Puma to its own shareholders

FRANKFURT/LONDON (Reuters) – Gucci-owner Kering plans to spin off German sports brand Puma to the French conglomerate’s shareholders as it sharpens the group’s focus squarely on […]
January 11, 2018

Lower taxes and tight labor market prompt Walmart to hike U.S. wages

NEW YORK (Reuters) – Walmart Stores Inc will raise entry-level wages for U.S. hourly employees to $11 an hour in February as it benefits from last […]
January 11, 2018

Cheaper services weigh on U.S. wholesale prices; jobless claims up

WASHINGTON (Reuters) – U.S. producer prices fell for the first time in nearly 1-1/2 years in December amid declining costs for services, which could temper expectations […]
January 11, 2018

Wall Street higher on gains in energy, industrial stocks

(Reuters) – U.S. stocks rose on Thursday as a jump in oil prices lifted energy stocks to their best day in more than a week and […]
January 11, 2018

Hong Kong, London, New York shortlisted for Aramco IPO: sources

DUBAI/LONDON (Reuters) – Saudi Arabia has shortlisted New York, London and Hong Kong – singly or in a combination of two or even all three – […]
January 11, 2018

South Korea plans to ban cryptocurrency trading, rattles market

SEOUL (Reuters) – South Korea’s government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into […]
January 11, 2018

Lagging industry, Ford puts auto emergency brakes on two 2019 models

(Reuters) – Ford Motor Co said on Thursday it will make automatic emergency brakes standard on two key 2019 models, an effort by the No. 2 […]
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