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Reuters: Business News

Turkey will emerge stronger from lira crisis despite row with U.S.: minister
Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting its banks were healthy and signaling it could ride out a dispute with the United States.


POSTED AUGUST 16, 2018 3:04 PM
Turkey does not wish to have problems with U.S.: foreign minister
Turkey does not wish to have problems with the United States and the two NATO allies could easily overcome their differences but not with the current U.S. approach, Foreign Minister Mevlut Cavusoglu said on Thursday.


POSTED AUGUST 16, 2018 3:03 PM
Air France-KLM appoints first foreign CEO over union objections
Air France-KLM named Air Canada executive Benjamin Smith as its new boss on Thursday, opting for an outsider to steer the airline group through a fraught stand-off with unions at its French carrier.


POSTED AUGUST 16, 2018 2:56 PM
Wall St. rebounds as Walmart beats, trade worries ease
U.S. stocks bounced back on Thursday, with the Dow setting a course for its best day in over four months, as a series of positive earnings and waning trade jitters girded investor confidence.


POSTED AUGUST 16, 2018 2:54 PM
USTR Lighthizer eyes NAFTA 'breakthrough,' Mexico urges flexibility
U.S. Trade Representative Robert Lighthizer on Thursday expressed hope a breakthrough could be made in the coming days in efforts to rework the NAFTA trade deal, though his Mexican counterpart said flexibility was needed to reach agreement.


POSTED AUGUST 16, 2018 2:49 PM
Google employees demand more oversight of China search engine plan
Google's plan to launch a censored search engine in China requires more "transparency, oversight and accountability," hundreds of employees at the Alphabet Inc unit said in an internal petition seen by Reuters on Thursday.


POSTED AUGUST 16, 2018 2:43 PM
Exclusive: U.S. seed sellers push for limits on Monsanto, BASF weed killer
America's two biggest independent seed sellers, Beck's Hybrids and Stine Seed, told Reuters they are pushing U.S. environmental regulators to bar farmers from spraying dicamba weed killer during upcoming summers in a potential blow to Bayer AG's Monsanto Co.


POSTED AUGUST 16, 2018 2:25 PM
Air France KLM names Air Canada executive Smith as CEO
The board of Air France-KLM named Air Canada executive Benjamin Smith as its new chief executive on Thursday, opting for an outsider to try and steer the group through a fraught stand-off with unions at its French carrier.


POSTED AUGUST 16, 2018 2:06 PM
Lanxess CEO not a candidate for Thyssenkrupp CEO job: source
Lanxess Chief Executive Matthias Zachert is not available to become CEO of Thyssenkrupp , a source familiar with the matter said, ending speculation that he could replace interim CEO Guido Kerkhoff.


POSTED AUGUST 16, 2018 2:02 PM
China, U.S. to hold lower-level trade talks in late August
China and the United States will hold lower-level trade talks this month, the two governments said on Thursday, offering hope that they might resolve an escalating tariff war that threatens to engulf all trade between the world's two largest economies. .


POSTED AUGUST 16, 2018 1:48 PM

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