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    GM proposes $2.8 billion, 10-year investment in South Korea: government official
    Posted on Wednesday February 21, 2018

    SEOUL (Reuters) - General Motors has proposed investing $2.8 billion into its struggling South Korean operations over the next 10 years and has asked Seoul to provide funds for the investment, a South Korean government official said on Wednesday.

    Union says it will strike if GM plans full South Korea exit
    Posted on Wednesday February 21, 2018

    SEOUL (Reuters) - General Motors' South Korean workers will go on a full strike if the U.S. automaker decides to completely pull out of the country, its union head told Reuters on Wednesday, adding he does not rule out the possibility GM might leave.

    Asian stocks gain, dollar extends recovery
    Posted on Wednesday February 21, 2018

    TOKYO (Reuters) - Asian stocks gained on Wednesday, while the dollar advanced as traders near-term focus shifted to the minutes of the Federal Reserve's last policy meeting for hints on the future pace of U.S. monetary tightening.

    Exclusive: Japan to buy at least 20 more F-35A stealth fighters - sources
    Posted on Wednesday February 21, 2018

    TOKYO (Reuters) - Japan plans to buy at least 20 additional F-35A stealth fighters over the next six years, some or all of which it may purchase directly from Lockheed Martin Corp in the United States rather than assemble locally, three sources said.

    Qualcomm deals blow to Broadcom's bid with sweetened NXP deal
    Posted on Tuesday February 20, 2018

    (Reuters) - U.S. semiconductor company Qualcomm Inc on Tuesday unveiled a sweetened $44 billion agreement to acquire NXP Semiconductors NV , its most defiant move in its defense against a hostile $121 billion bid from Broadcom Ltd .

    Steven Cohen loses bid to seal lawsuit alleging sexism at Point72
    Posted on Wednesday February 21, 2018

    NEW YORK (Reuters) - A U.S. judge on Tuesday rejected billionaire investor Steven A. Cohen's request to temporarily seal a lawsuit accusing his hedge fund firm Point72 Asset Management LP of sexism toward women.

    US FDIC sues 16 banks alleging Libor manipulation in Doral collapse
    Posted on Wednesday February 21, 2018

    (Reuters) - A U.S. regulator on Tuesday filed a lawsuit against 16 U.S. and international banks alleging they had manipulated bbaLIBOR, which is a series of interest-rate benchmarks, leading to the collapse of Puerto Rico's Doral Bank.

    Walmart holiday-quarter profit drops, online struggles spook investors
    Posted on Tuesday February 20, 2018

    NEW YORK (Reuters) - Walmart Inc , the world's biggest retailer, on Tuesday posted a sharp drop in profit and online sales growth during the critical holiday period and forecast annual profit at the lower end of expectations.

    Judge denies AT&T access to White House correspondence on Time Warner deal
    Posted on Tuesday February 20, 2018

    WASHINGTON (Reuters) - A judge on Tuesday denied AT&T Inc's request to see White House communications that might shed light on whether U.S. President Donald Trump pressured the Department of Justice to try to block the wireless carrier's purchase of Time Warner Inc .

    Thomson Reuters says CEO Jim Smith to make full recovery after arrhythmia incident
    Posted on Tuesday February 20, 2018

    TORONTO (Reuters) - Thomson Reuters Corp said on Tuesday Chief Executive Officer Jim Smith is in stable condition after an arrhythmia incident on Feb. 12 and is expected to be released from hospital within the next two weeks.



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