exclusive: fidelity may back climate resolutions, a milestone for activists

boston (reuters) - fidelity investments may support shareholder proxy proposals calling on companies to report on sustainability matters this year, a major shift by the boston asset manager as climate activists gain more traction at large u.s. c

2017-05-27 10:13:02  

in aramco ipo pitch, canada plays up its natural resources expertise

((this may 26th story corrects paragraph 12 to show falih was speaking at news conference not to reuters and adds comment on listing))

2017-05-27 05:06:53  

switch it up this year: buy in may, till november stay

new york (reuters) - "sell in may and go away" is perhaps the oldest saw on wall street, but it appears there's no shortage of u.s. mutual funds doing exactly that this year.

2017-05-27 01:57:30  

slim seeks to sell minority stake in tower company telesites: sources

(reuters) - billionaire carlos slim is looking to sell a minority stake in telesites sab de cv , the mexican wireless tower company that he controls, people familiar with the matter said on friday.

2017-05-26 05:42:40  

pepsico in bid to acquire vita coco owner: sources

(reuters) - soft drink maker pepsico inc is in talks to acquire all market inc, the owner of coconut water brand vita coco, whose celebrity investors include madonna and matthew mcconaughey, people familiar with the matter said on friday.

2017-05-26 05:05:30  

some investors bet brazil has further room to fall

new york (reuters) - some investors are betting the worst is yet to come for brazil's stock market, even after a brutal selloff last week.

2017-05-26 01:37:45  

exclusive: china's cofco overhauls brazil business after accounting crisis - sources

london/sao paulo (reuters) - chinese food commodities trader cofco [cncof.ul] is overhauling its operations in brazil, including a management reshuffle, as it restructures its nidera sementes ltda business following accounting irregularities rep

2017-05-26 01:24:55  

u.s. economy slowed less than expected in first quarter; outlook cloudier

washington (reuters) - the u.s. economy slowed less than initially thought in the first quarter, but softening business investment and moderate consumer spending are clouding expectations of a sharp acceleration in the second quarter.

2017-05-26 12:40:48  

opec ponders how to co-exist with u.s. shale oil

vienna (reuters) - first, they ignored each other. then, they went into a bruising fight. finally, they are talking, albeit with opposing agendas.

2017-05-26 10:10:59  

china's reforms not enough to arrest mounting debt: moody's

beijing (reuters) - china's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, of

2017-05-26 07:16:22  

opec disappointment hits oil, stocks; sterling down on uk vote jitters

singapore (reuters) - crude prices were on the defensive on friday after an agreement by opec to extend existing supply curbs disappointed investors wagering on larger cuts, prompting a move away from riskier assets and depressing asian stocks.

2017-05-26 12:22:58  

china's reforms not enough to arrest rising debt, another downgrade possible: moody's

beijing (reuters) - china's structural reforms will not be enough to arrest its rising debt, and another credit rating downgrade for the country is possible unless it gets its ballooning credit in check, two officials at moody's ratings agency s

2017-05-26 12:18:55  

california says vw clean car spending plan has shortcomings

san francisco (reuters) - california regulators said volkswagen ag's spending plan on clean vehicle infrastructure had shortcomings and that it lacked details on how it would help disadvantaged communities as well as promote hydrogen fuel cell

2017-05-26 12:15:04  

u.s. inflation path since 2012 is worrisome, policymaker says

tokyo (reuters) - the current level of u.s. prices is noticeably lower than what it would be if the federal reserve had delivered on its 2-percent inflation target, st. louis federal reserve president james bullard said, calling the trend "

2017-05-26 12:12:38  

oil drops after opec-led output cut extension falls below expectations

singapore (reuters) - oil extended falls on friday after tumbling in the previous session when opec and allied producers extended output cuts but disappointed investors betting on longer or larger supply curbs.

2017-05-26 12:12:02  

u.s. court fines ups $247 million over illegal cigarette shipments

(reuters) - a federal judge ordered united parcel service inc to pay nearly $247 million in damages and penalties for "illegally shipping" large volumes of untaxed cigarettes in new york state and city, a court filing showed on thursda

2017-05-25 11:20:06  

gm is accused in lawsuit of cheating on diesel truck emissions

(reuters) - general motors co was accused in a lawsuit on thursday of rigging hundreds of thousands of diesel trucks with devices similar to those used by volkswagen ag , to ensure they pass emissions tests.

2017-05-25 03:24:05  

new ford ceo relies on veterans to reboot profits

bengaluru/detroit (reuters) - ford motor co on thursday reshuffled senior management and brought back a former executive from uber technologies inc, signaling its new chief executive officer will rely on tested company veterans to turn ford aro

2017-05-25 01:19:17  

exclusive: bankrupt westinghouse ends pensions for ex-ceos, executives

wilmington, del (reuters) - bankrupt westinghouse electric co llc, the u.s. nuclear technology firm owned by toshiba corp , has stopped making pension payments to former executives, according to a letter seen by reuters, removing a benefit that

2017-05-25 12:36:54  

wilbur ross seeks bigger budget for trade enforcement

washington (reuters) - u.s. commerce secretary wilbur ross said on thursday that a $5.5 million increase requested for the agency's enforcement budget this year will have a "real impact" in cracking down on unfair trade practices and e

2017-05-25 12:10:01  

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