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Toshiba"s Westinghouse files for bankruptcy

Toshiba's U.S. nuclear unit Westinghouse files for Chapter 11 protection from creditors, as its Japanese parent seeks to limit losses - already estimated at around $9 billlion - that could threaten its future. Graham Mackay reports......»»

Category: videoSource: REUTERS29 min. ago Related News

Britain begins Brexit

Brexit officially begins with the UK Prime Minister Theresa May sending Brussels a letter formally notifying the EU that it is beginning the exit process. Mia Womersley reports......»»

Category: videoSource: REUTERS29 min. ago Related News

Brexit Britain: Buy or sell?

Britain.....»»

Category: videoSource: REUTERS29 min. ago Related News

A scramble at Cisco shows U.S. cyber defense neglect

A recent scramble at Cisco to patch software vulnerabilities after the Wikileaks’ data dump of CIA spying tools, illustrates the problem with the U.S. government’s cyber security game plan......»»

Category: videoSource: REUTERS29 min. ago Related News

Firms issue Brexit warnings

Ford urged Britain to ensure any Brexit deal would offer tariff-free trade as Britain formally began its divorce proceedings from the EU. Fred Katayama reports......»»

Category: videoSource: REUTERS29 min. ago Related News

Huge nuclear cost overruns push Toshiba"s Westinghouse into bankruptcy

WILMINGTON, DEL./TOKYO (Reuters) - Westinghouse Electric Co, a unit of Japanese conglomerate Toshiba Corp , filed for bankruptcy on Wednesday, hit by billions of dollars of cost overruns at four nuclear reactors under construction in the U.S. Southeast......»»

Category: topSource: REUTERS59 min. ago Related News

S&P, Nasdaq lifted by energy, discretionary stocks

(Reuters) - Gains in energy and consumer discretionary stocks propped up the S&P 500 and the Nasdaq on Wednesday, but the Dow Jones Industrial Average slipped due to losses in healthcare stocks......»»

Category: topSource: REUTERS59 min. ago Related News

China"s first-quarter GDP growth seen at 6.8 percent: government think tank

HONG KONG (Reuters) - China's economy, the world's second largest, will likely expand 6.8 percent in the first quarter of 2017, the official Xinhua agency quoted a government think tank as saying on Wednesday......»»

Category: topSource: REUTERS1 hr. 29 min. ago Related News

OPEC compliance with oil curbs rises in March as UAE joins cut: survey

LONDON/DUBAI (Reuter.....»»

Category: topSource: REUTERS1 hr. 29 min. ago Related News

Kushner, Anbang end talks to redevelop Manhattan office tower

NEW YORK (Reuters) - Kushner Companies, the real estate firm formerly headed by President Donald Trump's son-in-law, said it has dropped out of talks to redevelop its flagship New York office tower with China's Anbang Insurance Group [ANBANG.UL]......»»

Category: topSource: REUTERS1 hr. 59 min. ago Related News

Brexit"s cliff edge: "business as usual" not an option

GENEVA (Reuters) - Failure to strike a trade deal with the European Union by a two-year deadline would force Britain to adopt World Trade Organization arrangements, bringing with it a host of new negotiations and complications......»»

Category: topSource: REUTERS1 hr. 59 min. ago Related News

Ford says it will spend $295 million on two new recalls

WASHINGTON (Reuters) - Ford Motor Co , the second largest U.S. automaker, on Wednesday announced two new recalls affecting 440,000 vehicles and expects to spend about $295 million to fix the issues......»»

Category: topSource: REUTERS1 hr. 59 min. ago Related News

U.S. stocks" rally may be near peak, but some gains ahead: Reuters poll

NEW YORK (Reuters) - A U.S. stock rally fueled by optimism President Donald Trump will boost the economy may be near its peak, according to a Reuters poll of strategists who forecast U.S. shares will gain less than 3 percent between now and year-end......»»

Category: topSource: REUTERS1 hr. 59 min. ago Related News

Pending home sales surge to 10-month high

WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes jumped to a 10-month high in February, pointing to robust demand for housing ahead of the spring selling season despite higher prices and mortgage rates......»»

Category: topSource: REUTERS1 hr. 59 min. ago Related News

Banks to London staff: no panic as Britain launches EU divorce process

LONDON (Reuters) - Banks in Britain have tried to reassure their London staff over possible Brexit disruption, including a shift in jobs to continental Europe, as Prime Minister Theresa May triggered formal EU divorce proceedings on Wednesday......»»

Category: topSource: REUTERS1 hr. 59 min. ago Related News

Wall Street flat; Fed officials in focus

(Reuters) - U.S. stocks were little changed on Wednesday as investors awaited comments from a host of Federal Reserve officials for clues on the number of interest rate hikes this year......»»

Category: topSource: REUTERS1 hr. 59 min. ago Related News

Firms demand EU deal ensures their survival as May triggers Brexit

LO.....»»

Category: topSource: REUTERS2 hr. 59 min. ago Related News

Fed"s Evans says he supports one or two more rate hikes this year

FRANKFURT (Reuters) - One of the Fed.....»»

Category: topSource: REUTERS2 hr. 59 min. ago Related News

UK financial sector proposes untested system to keep EU access

LONDON (Reuters) - Britain's financial sector is drawing up proposals on how it could still serve EU clients after Brexit, even as firms begin establishing new operations on the continent to keep access to the European market......»»

Category: topSource: REUTERS2 hr. 59 min. ago Related News

UK prime minister signs Brexit letter to EU

British Prime Minister Theresa May has signed a letter to the European Union officially notifying it of the country's intention to leave the bloc. Rough cut (no reporter narration).....»»

Category: videoSource: REUTERS3 hr. 29 min. ago Related News