Amazon to grant new CEO Jassy over $200 million in stock
By Jeffrey Dastin (Reuters) -Amazon.com Inc plans to award incoming Chief Executive Andy Jassy more than $200 million in extra stock, which will pay out over 10 years, the company said in a regulatory
U.S. House leaders set to unveil chips, China competition bill
WASHINGTON (Reuters) - U.S.
Dow futures hit record high ahead of jobless claims, Disney earnings
(Reuters) - Futures tracking the Dow hit a record high on Thursday ahead of earnings reports from companies including Walt Disney and data expected to show a jobs market recovery was on track.
Evergrande’s offshore bondholders say to consider enforcement action
By Clare Jim HONG KONG (Reuters) -An ad hoc offshore creditors group of China Evergrande said on Thursday it has had no substantive engagement with the firm over its restructuring plans despite the
Oil prices fall as weaker China growth, U.S. output stoke demand concerns
By Aaron Sheldrick TOKYO (Reuters) - Oil prices fell on Tuesday, with Brent down a second straight day, after Chinese data showed slowing economic growth and U.S. factory output dropped in September,
Xiaomi beats estimates with 21.4% rise in Q4 revenue
SHANGHAI (Reuters) -Chinese smartphone maker Xiaomi Corp on Tuesday reported a bigger-than-expected 21.4% rise in fourth-quarter revenue, as industry shipments of handsets slowly tick up following a
UK’s Vectura to back $1.52 billion takeover offer from Philip Morris
(Reuters) - Vectura Group said on Thursday it plans to back tobacco giant Philip Morris International's 1.1 billion pounds ($1.52 billion) offer for the British drugmaker, days after private equity
Cuba dips toe in market economy with legalization of small businesses
By Marc Frank HAVANA (Reuters) - Thousands of small and medium-sized Cuban businesses will be allowed to incorporate in the coming months, in one of the most important economic reforms taken by the
Analysis-Climate goals take second place as EU states cut petrol prices
By Gavin Jones ROME (Reuters) - A growing number of European countries are cutting fuel taxes to lower surging pump petrol prices.
Union faults BP’s proposals in local refinery negotiations
HOUSTON (Reuters) - The United Steelworkers union (USW) on Friday said proposals by energy giant BP Plc would undermine its 56-year-old national program for refinery and chemical plant worker