Apr 13, 2021 08:34 AM IST
A native of Rome, Galloni, 47, will replace Stephen J. Adler, who is retiring this month after leading the newsroom for the past decade. Under his leadership, Reuters has received hundreds of journalism awards, including seven Pulitzer Prizes, the industry’s highest honor.
- May 05, 2020 03:35 PM IST
These images from Hong Kong from 2019 show protestors seeking democratic liberties and political reforms
- Mar 04, 2017 09:34 AM IST
The US Federal Reserve's long-stalled 'liftoff' of interest rates may finally get airborne this year as policymakers from Chair Janet Yellen on Friday to regional leaders across the United States signalled that the era of easy money is drawing to a close.
- Feb 24, 2017 10:52 AM IST
Tesla Inc Chief Elon Musk has taken big risks repeatedly since going public in 2010, but investors were spooked on Thursday after he said the electric car company could get "close to the edge" as it burns cash ahead of its crucial Model 3 launch.
- Feb 17, 2017 02:20 PM IST
S&P Global Inc said in a report that it could cut its rating of Toshiba Corp credit by several notches should the Japanese firm receive financial support that includes debt restructuring, sending Toshiba stock down 9 percent.
- Feb 16, 2017 07:51 AM IST
The Dow Jones Industrial Average rose 0.52 percent to end at 20,611.86. The S&P 500 gained 0.50 percent to 2,349.25 and the Nasdaq Composite added 0.64 percent to 5,819.44.
- Feb 06, 2017 02:38 PM IST
"The recent spurt in global coal prices, particularly for coking coal, is expected to create an encouraging scenario for such acquisition process," Goyal told lawmakers in a written reply.
- Feb 04, 2017 08:56 AM IST
US stocks climbed on Friday, with the S&P 500 closing just short of a record high, boosted by gains in financial shares as President Donald Trump moved ahead with deregulation action and by a strong payrolls report.
- Jan 26, 2017 04:23 PM IST
US healthcare giant Johnson & Johnson will acquire Swiss biotech company Actelion in a USD 30 billion all-cash deal that includes spinning off Actelion's research and development pipeline, the companies said on Thursday.
- Jan 26, 2017 04:22 PM IST
Physical gold demand fell 20 percent last year to its lowest since 2009, GFMS analysts at Thomson Reuters said in a report on Thursday, as a rebound in prices after three straight years of losses blunted appetite for the metal.
- Jan 26, 2017 01:44 PM IST
Unilever reported lower-than-expected fourth-quarter sales on Thursday, hurt by demonetisation in India and an economic slowdown in Brazil.
- Jan 26, 2017 01:42 PM IST
Asian stocks rose to 3-1/2-month highs on Thursday, cheered by the Dow Jones Industrial Average breaching the 20,000-level for the first time, though concerns about US President Donald Trump's protectionist stance kept the dollar on the defensive.
- Jan 26, 2017 01:39 PM IST
More than 4 million barrels of Venezuelan crude and fuels are sitting in tankers anchored in the Caribbean sea, unable to reach their final destination because state-run PDVSA cannot pay for hull cleaning, inspections, and other port services, according to internal documents and Reuters data.
- Jan 26, 2017 12:37 PM IST
US President Donald Trump's attempt to strip municipalities of federal dollars for shielding illegal immigrants threatens USD2.27 billion in annual funds for the nation's ten largest cities, a Reuters analysis of federal grants found.
- Jan 26, 2017 12:29 PM IST
Profits for China's industrial firms rose 8.5 percent in 2016, the most in three years, as a construction boom fueled a months-long rally in prices of building materials from steel to cement, giving companies more flexibility to start chipping away at a mountain of debt.
- Jan 26, 2017 12:23 PM IST
China's policymakers plan to keep their budget deficit target for 2017 at the same level as last year to underscore a focus on debt reduction and reform, though they have wiggle room to increase fiscal stimulus if the economy needs support again.
- Jan 26, 2017 10:49 AM IST
India's Finance Minister is likely to borrow more than originally planned when he presents the Budget on February 1, senior aides and officials said, despite counting on revenues from a national sales tax whose launch date is still unknown.
- Jan 26, 2017 10:43 AM IST
India is planning to revive a cluster of colonial-era gold mines - shut for 15 years but with an estimated USD2.1 billion worth of deposits left - as the world's second-largest importer of the metal looks for ways to cut its trade deficit, officials said.
- Jan 26, 2017 09:45 AM IST
US stocks climbed on Wednesday and the Dow Jones Industrial Average closed above the 20,000 mark for the first time ever as solid earnings and optimism over President Donald Trump's pro-growth initiatives revitalised a post-election rally.
- Jan 20, 2017 09:26 PM IST
Chennai Petroleum Corp will shut a 74,000 barrel per day (bpd) crude unit and some secondary units at its Manali refinery for a month from the last week of January for maintenance and upgrade, a source with knowledge of the plan said.
- Jan 18, 2017 09:09 AM IST
San Francisco Federal Reserve Bank President John Williams on Tuesday said he sees a "good case" for three rate hikes this year even without any fiscal stimulus, but if the economy accelerates, the Fed would need to raise rates faster.
- Jan 18, 2017 08:23 AM IST
The United Nations expects global economic growth to rise to 2.7 percent this year and 2.9 percent in 2018, up from 2.2 percent in 2016, and said Brexit and U.S. President-elect Donald Trump's tax policies could have adverse effects.
- Jan 10, 2017 02:38 PM IST
PARIS (Reuters) - French cosmetics group L'Oreal said on Tuesday it was buying three skincare brands - CeraVe, AcneFree and Ambi - from Valeant for USD1.3 billion, in a cash deal which L'Oreal said would boost its U.S. revenues.
- Jan 10, 2017 02:34 PM IST
Consumption of fuel, a proxy for oil demand, totalled 16.53 million tonnes, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed.
- Jan 04, 2017 07:46 PM IST
Rice prices in India fell due to ample supply and recent slide in the rupee, while the Thai and Vietnamese markets remained subdued in the first week of the new year, traders said on Wednesday.