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Reuters Business News:
Wall Street gripped by trade war fears
3/22/2018 12:31 PM
(Reuters) - The three major U.S. indexes fell more than 1.5 percent on Thursday, on track for their steepest drop in six weeks, gripped by the growing threat of a global trade war. ...Read More
Trump sets China tariff plan, edges away from global trade war
3/22/2018 12:27 PM
WASHINGTON (Reuters) - U.S. President Donald Trump signed a presidential memorandum on Thursday that could impose tariffs on up to $60 billion of imports from China, although his action was far removed from threats that could have ignited a global trade war. Read More
Investors, lawmakers, advertisers pressure Facebook over data
3/22/2018 12:45 PM
WASHINGTON/LONDON (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg"s apology for how his company handled 50 million users" data did little on Thursday to ease investor worries about the cost to fix mistakes and lawmakers" dismay that his response did not go far enough. Read More
Justice Department urges judge to block AT&T-Time Warner merger
3/22/2018 12:25 PM
WASHINGTON (Reuters) - President Donald Trump"s administration urged a federal judge on Thursday to block AT&T Inc"s proposed $85 billion merger with Time Warner Inc, saying the deal would hand the company a "weapon" to harm competition and raise consumer prices. Read More
Exclusive: China to respond to U.S. tariffs, resist protectionism - WTO envoy
3/22/2018 12:22 PM
GENEVA (Reuters) - China is preparing a range of responses to planned U.S. tariffs and will stand up to protectionism, but still hopes for dialogue, Beijing"s ambassador to the World Trade Organization (WTO) said on Thursday. ...Read More
Citi sets restrictions on gun sales by retail clients
3/22/2018 12:13 PM
(Reuters) - Citigroup Inc added restrictions on firearms sales for new retail-sector clients, the Wall Street bank said on Thursday, the strongest move to date by a major U.S. lender following last month"s high school shooting in Florida. Read More
Goldman Sachs CEO says sovereign balance sheets look risky
3/22/2018 12:32 PM
BOSTON (Reuters) - Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said on Thursday sovereign country balance sheets look risky to him as deficits become a larger percentage of their gross domestic product. ...Read More
Boeing loyalist Ryanair to fly first Airbus with Austria deal
3/22/2018 12:36 PM
DUBLIN/BERLIN (Reuters) - Ryanair"s plan to buy Laudamotion will add Airbus planes to the Irish low-cost carrier"s fleet for the first time and could herald an improvement in relations with the European planemaker. ...Read More
Four senior UK politicians urge regulator to block Murdoch-Sky deal
3/22/2018 9:33 AM
LONDON (Reuters) - Four high-profile British lawmakers have called for Rupert Murdoch"s Twenty-First Century Fox to be blocked from buying Sky , saying the mogul will be able to influence its news output despite promises to the contrary. Read More
U.S. carmaker Ford, India"s Mahindra to develop SUVs, electric vehicle
3/22/2018 11:53 AM
NEW DELHI (Reuters) - U.S. carmaker Ford Motor Co and India"s Mahindra & Mahindra said on Thursday they have signed an agreement to develop midsize and compact sports utility vehicles (SUV) and an electric vehicle, which Ford could also potentially sell in other markets outside India. Read More

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