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Global Financial News Articles

World Financial News

Wall Street rallies on optimism about tax reform
Posted on Wednesday August 23, 2017

(Reuters) - U.S. stocks ended up on Tuesday, with each of the three major indexes posting their best one-day percentage gains in over a week, as lawmakers' comments on

As tax debate heats up, Republicans tweak business interest plan
Posted on Wednesday August 23, 2017

WASHINGTON (Reuters) - Congressional Republicans, seeking to address the complaints of small businesses, are floating changes to their controversial proposal to eliminate business tax deductions for debt interest payments, business

Massive California verdict expands J&J's talc battlefield
Posted on Wednesday August 23, 2017

NEW YORK (Reuters) - A massive California verdict in a lawsuit alleging Johnson & Johnson's talc-based products cause cancer has opened a new front in the litigation, upending the company's

Chevron CEO Watson to step down, Wirth likely successor: source
Posted on Wednesday August 23, 2017

HOUSTON (Reuters) - Chevron Corp Chief Executive John Watson will step down by the end of next month and likely be replaced by Vice Chairman Mike Wirth, a source familiar

Blackstone explores IPO of Gates Global: sources
Posted on Wednesday August 23, 2017

(Reuters) - Private equity firm Blackstone Group LP is exploring an initial public offering (IPO) of Gates Global LLC, three years after it acquired the U.S. auto parts and

Asia Financial News

American business leaders break with Donald Trump
Posted on Thursday August 17, 2017

“I’VE never known it to be an embarrassment for a business leader to be associated with an American president,” declares Max Bazerman of Harvard Business School. Donald Trump, in particular,

The Catholic church becomes an impact investor
Posted on Thursday August 17, 2017

The pontiff makes an impact“YOU cannot serve both God and money,” admonishes the Bible. But the church has always tried. In the Middle Ages monasteries were what would now be

A firm that shares a name with its founder earns higher profits
Posted on Monday August 14, 2017

A GOOD business name can be pricey. An entrepreneur looking for the perfect one can hire a naming agency to offer ideas, but that can cost tens of thousands of

Computer-game tournaments go mainstream
Posted on Thursday August 17, 2017

Neymar, watch outFIREWORKS detonated, smoke wafted over the stage and confetti began to fall. Seventeen thousand fans cheered the European players of Team Liquid, with monikers like “MinD_ContRoL” and “MATUMBAMAN”,

A trade dispute threatens America’s booming solar industry
Posted on Thursday August 17, 2017

LAST year California Solar Systems (CSS), a small installer of residential solar panels, decided to “Buy American”. It turned to Suniva, a Chinese-owned firm that makes photovoltaic panels in Georgia