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HSBC has started 'strategic review' of French retail operation: unions

HSBC has initiated a strategic review of its French retail operation, French unions said on Tuesday.



5 years ago

White House says not involved in contract talks with GM, UAW union

The White House is not involved in contract talks with General Motors Co and the United Auto Workers union, aimed at ending a nationwide strike that began late on Sunday, a White House spokesman and GM said.



5 years ago

Exclusive: Buyout firm CD&R pursues bid with PPG for Buffett-backed Axalta - sources

Buyout firm Clayton, Dubilier & Rice LLC is in talks to partner with U.S. paint maker PPG Industries Inc to make an acquisition offer for Axalta Coating Systems Inc, the U.S. coatings company whose largest shareholder is Warren Buffett's Berkshire Hathaway Inc, people familiar with the matter said on Monday.



5 years ago

Walmart likely discriminated against female workers, U.S. agency says

Walmart Inc likely discriminated against 178 female workers by paying them less, denying them promotions or both, because of their gender, the U.S. Equal Employment Opportunity Commission said in memos seen by Reuters.



5 years ago

U.S. manufacturing production rebounds, outlook remains weak

U.S. manufacturing output increased solidly in August, boosted by a surge in the production of machinery and other goods, but the outlook for factories remains weak amid rising headwinds from trade tensions and slowing global economies.



5 years ago

Uber drivers are protesting again — here's how much drivers earn and what the job is really like

CNBC spoke with Uber drivers about how their financial lives are faring.

5 years ago

Juul's sales halted in China days after launch

U.S. e-cigarette maker Juul Labs Inc said on Tuesday its products were not currently available on e-commerce web sites in China, days after it entered the world's single-largest market for tobacco consumption with over 300 million smokers.



5 years ago

Wall Street mixed as investors await interest rate cut

Wall Street was mixed on Tuesday as investors awaited a widely expected Fed interest rate cut on Wednesday, while the impact of weekend attacks on Saudi Arabia's biggest oil refinery faded.



5 years ago

Toyota invests $391 million at its Texas truck assembly plant

Toyota Motor Corp said on Tuesday it was investing $391 million at its truck assembly plant in San Antonio, Texas, as part of the Japanese automaker's plan to invest $13 billion in its U.S. operations over five years through 2021.



5 years ago

U.S. official says Washington believes Saudi attacks came from southwest Iran

The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday.



5 years ago

Aramco IPO will be ready within coming 12 months: chairman

Saudi Aramco chairman Yassir al-Rumayyan said on Tuesday a planned initial public offering (IPO) of the state oil giant would be ready within the coming 12 months and that the kingdom was committed to the listing.



5 years ago

Oil plummets 6% as Saudi says oil production fully restored

Oil prices dropped about 6% on Tuesday after Saudi Arabia's energy minister said the kingdom has fully restored its oil production hit by an attack this weekend that shut 5% of global oil output.



5 years ago

U.S. believes attack on Saudi Arabia came from southwest Iran

The United States believes Saturday's attack on Saudi Arabia's oil facilities originated in southwestern Iran, a U.S. official told Reuters on Tuesday.



5 years ago

Saudi Arabia's oil supply fully back online: energy minister

Saudi Arabia's oil supply is fully back online after weekend attacks halved output and the kingdom will achieve 11 million barrels per day (bpd) capacity by the end of September and 12 million bpd by the end of November, the energy minister said on Tuesday.



5 years ago

Trump says China trade deal could come before U.S. election, or not

U.S. President Donald Trump said on Tuesday his administration could seal a deal on trade with China before the U.S. presidential election, or an agreement could be reached the day after U.S. voters go to the polls.



5 years ago