Thomson Reuters

Black Friday 2017: 6 Big Retail Trends You Need to Know Now

The biggest shopping weekend of the year has arrived. While it is an exciting time for deal-seeking consumers, for retailers that have spent the past …

Fashion Industry

Venezuela Is Crashing

Thomson Reuters reports exports from Venezuela have plunged.<p>The impact on global oil inventories will not be noticed for some time as exports to …

Oil

Salesforce quarterly revenue jumps 25%

Salesforce.com Inc (CRM) reported better-than-expected quarterly profit and revenue, helped by strong demand for its cloud-based sales and marketing software.<p>Demand for cloud-based services is soaring as companies look to take advantage of such offerings due to lower costs and high level of …

Markets

Autumn budget 2017: Hammond announces stamp duty changes and slower growth but Corbyn blasts empty promises - live

Rolling coverage as chancellor Philip Hammond delivers the 2017 autumn budget<p>Corbyn: Budget is record of failure Stamp duty changes will drive up prices! The key points Productivity growth slashed Fuel duty frozen £3bn more for Brexit

Brexit

UPDATE 3-Deere's shares surge after earnings beat estimates

(Recasts, adds more details, fresh quotes)<p>Nov 22 (Reuters) - Deere & Co's DE.N shares surged on Wednesday after the equipment maker beat quarterly …

Markets

India's North American coal imports may surge on domestic shortage | Reuters

NEW DELHI (Reuters) - India’s coal imports from North America are likely to surge as buyers are looking to boost purchases amid a domestic shortage …

India

BRIEF-Metro reports Q4 earnings C$0.66/shr

Nov 22 (Reuters) - Metro Inc MRU.TO<p>* Metro reports 2017 fourth quarter results<p>* Q4 earnings per share C$0.66<p>* Q4 sales C$3.228 billion versus I/B/E/S …

Markets

Oil & Gas News (OGN)

Iraq crude exports to US through October top all of 2016<p>HOUSTON<p>Iraq's crude exports to the United States this year are on pace to reach a nine-year …

Oil

Crude oil drawdown smaller than expected

Carl Larry, market specialist, Commodities Supply Chain Thomson Reuters talks about the latest oil inventory data.

Oil

Just One Password? Swiss Groups Plan Single Online Identity

ZURICH (Reuters) - Swiss consumers will be able to use a single digital identity to buy online products and services under a project unveiled on …

Credit Suisse

Iraq, Canada, Brazil Main Beneficiaries of Venezuela's Decline in Oil production

As Venezuela’s dilapidated energy sector struggles to pump enough crude oil to meet the country’s OPEC output target, rival producers within the …

Oil

Lowe’s quarterly profit more than doubles

Lowe's Cos Inc said on Tuesday its third-quarter profit more than doubled, helped by lower costs as well as higher demand for emergency supplies and rebuilding material due to hurricanes battering several regions in the United States.<p>Sales at stores open at least a year increased 5.7 per cent, …

Lowe's

At least 40% of the world's power will come from renewable sources by 2040 — here are the companies leading the charge

The explosive growth of renewable energy has shaken up the energy industry over the last decade.<p>As the costs of solar and wind continue to fall and bottlenecks like storage capacity are diminished, the International Energy Agency predicts that renewable energy will comprise 40% of global power …

Business

It’s Elementary: Efficient Patent Infringement Is Wrong | Inside Counsel | Corporate Counsel

From American Arbitration Association<p>Intellectual property disputes are growing in complexity and costs, and businesses are seeking efficient …

The City

S&P 500 Earnings, The Tech Sector And The Apple iPhone Cycle

The Technology sector is now roughly 25% of the S&P 500 by market cap. (Not as high as what it was in 1999, early 2000 at 33%, but it's getting …

Stocks

Markets rattled as German coalition talks collapse – business live

All the day’s economic and financial news, as shares and the euro are hit after Germany’s Free Democrats quit coalition talks with Angela Merkel<p>Introduction: Jamaica? No, the FDP walked out. Coalition talks floundered over climate change and migration What now for Merkel?

Angela Merkel

Green Grass and High Tides: Earnings Stellar But Not Without Risk

With third quarter earnings season nearly complete, I wanted to give a shout-out to another strong showing by U.S. companies. The topic lends itself to a table-heavy, prose-light report this week.<p>The inflection point in earnings growth from a four-quarter earnings contraction ending after last …

Markets

Bumper profits, government pressure to drive Asia's dividend bonanza

(Reuters) - Dividend payouts by Asia's biggest companies are poised for their biggest increase in six years as profits surge and pressure grows on …

Stocks

Venezuela's crude sales to the U.S. rose in October but remained low

HOUSTON (Reuters) - Venezuela's crude exports to the United States recovered in October from the previous month but were still the third lowest in 2017, according to Thomson Reuters trade flows data.<p>The South American country sent 541,130 barrels per day (bpd) to customers in the United States in …

Business

Wall St. set to end week on whimper as tax changes mulled | Reuters

NEW YORK (Reuters) - Wall Street was set to end the week on a muted note on Friday, with major indexes slipping modestly, as investors weighed the …

Markets

Real estate M&A has eclipsed the record level set on the eve of the financial crisis — and it's to do with the retail apocalypse

• <b>It's been a record year for real estate mergers and acquisitions, with $387 billion in announced transactions worldwide.</b>• <b><br>Part of the explanation rests with Real Estate Investment Trusts (REITs) that own and operate shopping malls, which have been battered amid the ongoing retail apocalypse but now</b> …

Business

Abercrombie Shares Surge on Hollister Sales Jump

Abercrombie & Fitch forecast robust sales for the holiday quarter as its surf-wear brand Hollister helped revive the previously struggling</b> …

Markets

Volkswagen accelerates push into electric cars with big spending plan

Company aiming to be top player in electric vehicles by 2025<p>Volkswagen approved a 34-billion-euro ($51 billion Cdn) spending plan on Friday that …

Electric Vehicles

Pope Francis calls out 'growing inequality in healthcare' in rich countries

• <b>Pope Francis condemned healthcare inequality in rich countries, saying "costly treatments are available to ever more limited and privileged segments of the population."</b>• <b><br>The Pontiff also made clear that it's ok to not take "dissproportionate measures" in extending the life of a terminally ill patient.</b><p>…

Christianity

Funding boost for Glasgow-based space-tech firm Bird.i

<b>A Glasgow-based start-up which specialises in "big data" from space has secured £2m in an investment round.</b><p>Bird.i offers Earth observation data by accessing high-quality satellite, airborne and drone imagery in real time.<p>Its technology platform is designed to help clients such as infrastructure …

Startups

Q3 2017 U.S. Retail And Restaurant Earnings Dashboard

<i>By Jharonne Martis</i><p><b>3Q 2017 Thomson Reuters Retail and Restaurant Aggregate Estimates and Revisions</b><p>Third-quarter earnings are expected to increase <b>6.7</b>% …

Markets

Foot Locker beats Street 3Q forecasts

Foot Locker Inc. (FL) on Friday reported fiscal third-quarter profit of $102 million.<p>On a per-share basis, the New York-based company said it had net income of 81 cents. Earnings, adjusted for non-recurring costs, came to 87 cents per share.<p>The results exceeded Wall Street expectations. The average …

Markets

U.S. muni bond funds post $417.7 million in inflows - Lipper

(Reuters) - U.S. municipal bond funds reported $417.7 million of net inflows in the week ended Nov. 15, compared with $463 million in inflows in the previous week, according to data released by Lipper on Thursday.<p>The four-week moving average remained positive at $121.9 million, said Lipper, a unit …

Business

Gap shares jump as much as 9% after same-store sales top estimates

Markets

Generation Maker: The electric bus revolution | Reuters.com

Tesla may be stealing headlines with flashy electric cars but Proterra’s green buses are transforming cities across America, and saving them money to boot.

The City