November 16, 2018

VW embarks on $50 billion electrification plan

Volkswagen plans to spend 44 billion euros ($50 billion) on electric cars, autonomous driving and new mobility services by 2023 and explore closer cooperation with Ford, […]
November 16, 2018

Europe battles Brexit blues, Wall Street faces tech stress

European stocks slipped again, and sterling and the euro remained volatile on Friday, as one of the most dramatic twists yet in the Brexit process compounded […]
November 16, 2018

Euro/dollar takes a breather as Brexit chaos dominates; yen boosted

Mounting uncertainty over Britain’s Brexit deal with the European Union cast a shadow over foreign exchange markets on Friday, with euro/dollar trading in a tight range […]
November 16, 2018

Dollar index hits one-week low on Fed officials’ cautious comments

The dollar fell to one-week lows against a basket of currencies on Friday as two Federal Reserve officials cautioned in separate television interviews about slowing global […]
November 16, 2018

Take Five: Black Friday shoppers to Brexit wreckage, world markets themes for the week ahead

Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. Powered by […]
November 16, 2018

‘Mission Impossible’ powers Viacom profit and revenue beat

Viacom Inc , the owner of MTV, Comedy Central and Nickelodeon, beat Wall Street estimates for profit and revenue on Friday, lifted by the strong performance […]
November 16, 2018

Supply glut mars Turing effect for Nvidia shares

Worries about how fast the computing world will transition to Nvidia Corp’s next generation “Turing” graphic chips helped knock 20 percent off the value of its […]
November 16, 2018

T-Mobile says Sprint deal may close as early as first-quarter next year

T-Mobile US Inc’s Chief Financial Officer said there is a possibility that its $26 billion acquisition deal of Sprint Corp will close as early as the […]
November 16, 2018

SAP still expects to expand margins after Qualtrics deal: SAP

SAP , the German business software company, still expects its margins to expand after its $8 billion takeover of Qualtrics, the U.S. company that specializes in […]
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