Henri Proglio gave up his claim to the chairmanship of defense group Thales (TCFP.PA) on Tuesday, bringing into the open a simmering row with Economy Minister Emmanuel Macron over the veteran French businessman's Russian interests.
Regions
Small business confidence perks up; jobs market solid
U.S. small business owners gained confidence in April and were surprisingly bullish about capital expenditure plans, further supporting views that economic growth was rebounding after a dismal first quarter.
Wage growth may be on tap as more Americans quit jobs
Americans are becoming more apt to quit their jobs, a government report showed on Tuesday, a sign that a stronger labor market and falling unemployment rate could result in healthier wage growth and inflation.
Wall St. ends weaker as global bond worries deepen
U.S. stocks ended lower on Tuesday after a recent run-up in global bond yields unsettled investors already concerned about an eventual Federal Reserve interest rate hike.
Brazil's Oi rethinks Unitel stake sale as Angola relations warm
Brazilian telecom group Oi SA (OIBR3.SA) is reconsidering the sale of its African assets as relations improve with an estranged partner, Chief Executive Bayard Gontijo said on Monday.
Latest News
Malaysian gaming firm Genting Malaysia Bhd's (GENM.KL) indirect unit Resorts World Ltd has offered to sell its 17.81 percent equity stake in Genting Hong Kong Ltd (0678.HK) for at least 1.7 billion ringgit ($469.74 million) in cash.
A vast majority of Americans would prefer to assemble their own pay TV channels rather than subscribe to packages that include dozens or hundreds of networks, a new Reuters/Ipsos poll found in a challenge to traditional television distribution.
Investors in some top U.S. media companies have had a rough ride as their shares have lagged the rest of the market. You just wouldn’t know it if you looked at the bank accounts of their top executives.
Government bonds sold off again on Tuesday, driving down stocks and helping push the euro sharply higher against the dollar.
Verizon Communications Inc (VZ.N) said it would buy AOL Inc (AOL.N) in a deal valued at about $4.4 billion to gain access to AOL's digital advertising service and content.
A Picasso oil painting from 1955 smashed the record for the most expensive artwork ever sold at auction when it soared to $179.4 million at Christie's on Monday.
Low-risk bonds sold off again on Tuesday driving down stocks and helping push the euro higher against the dollar. Ten-year U.S. Treasury yields, the benchmark for global borrowing costs, hit their highest since early December, while German 10-year yields added 8 basis points to 0.67 percent.
Castleton Commodities International will buy Morgan Stanley's (MS.N) physical oil business, vaulting the Connecticut-based merchant into the big leagues of global crude and fuel traders.
Uber is testing cash payments in India as the online taxi-hailing company seeks a stronger foothold in a country where many fewer people have credit cards than internet connections.
