Business

(Reuters) – Wells Fargo & Co (WFC.N) Chief Executive Charles Scharf announced his first major reshuffle on Tuesday, promoting several executives to new roles while also tapping a JPMorgan veteran to head consumer lending. A Wells Fargo ATM machine is shown in Los Angeles, California, U.S. October 19, 2018. REUTERS/Mike Blake The shakeup is aimed

FILE PHOTO: Andreas Harte, a Foodora delivery cyclist poses in front of Delivery Hero headquarters in Berlin, Germany, June 2, 2017. REUTERS/Fabrizio Bensch/File Photo (Reuters) – Delivery Hero (DHER.DE) expects its Europe business to remain break-even during 2020 after hitting this mark, as forecast, in the fourth-quarter of 2019, the German food delivery group said

FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo (Reuters) – A U.S. appeals court on Monday denied a request by Apple Inc (AAPL.O) that it reconsider a decision upholding a finding Apple iPhones

SINGAPORE (Reuters) – Britain takes U.S. concerns about its use of Huawei equipment seriously but is confident a trade deal with the United States will be among its first after leaving the European Union, its foreign secretary said on Monday. Britain’s foreign secretary Dominic Raab visits a research laboratory which is a collaboration between UK

FILE PHOTO: The Mattel company logo is seen at the 114th North American International Toy Fair in New York City, U.S., February 21, 2017. REUTERS/Stephanie Keith/File Photo (Reuters) – Mattel Inc (MAT.O) will close a factory in Canada after shutting down two plants in Asia, as the toymaker reduces its manufacturing footprint to cut costs,

FILE PHOTO: German Minister of Economic Affairs and Energy Peter Altmaier arrives the weekly cabinet meeting at the Chancellery in Berlin, Germany January 29, 2020. REUTERS/Michele Tantussi FRANKFURT (Reuters) – Tesla could get state subsidies in its plan to set up a gigafactory in Germany, the country’s economy minister told a weekly newspaper. “In my

VIENNA (Reuters) – Credit Suisse Chairman Urs Rohner does not expect to be voted out of office before his term ends after this week’s departure of Chief Executive Tidjane Thiam over a spying scandal. FILE PHOTO: Chairman Urs Rohner of Swiss bank Credit Suisse takes part in a panel discussion at the Swiss International Financial

FILE PICTURE: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China Jan. 7, 2020. REUTERS/Aly Song/File Photo SHANGHAI (Reuters) – U.S. electric carmaker Tesla’s (TSLA.O) factory in China’s financial hub of Shanghai will resume production on Feb. 10 with assistance to help it cope with a spreading

WASHINGTON (Reuters) – U.S. Vice President Mike Pence on Friday declined to endorse an unusual suggestion from U.S. Attorney General William Barr that the United States consider taking control of two major foreign rivals of China-based Huawei Technologies Co Ltd. FILE PHOTO – U.S. Vice President Mike Pence arrives in front of Senate Majority Leader

SHANGHAI (Reuters) – A number of Chinese manufacturers including a subsidiary of Apple Inc (AAPL.O) partner Foxconn (2317.TW) have refitted production lines to make masks and medical clothing, as a deadly coronavirus spreads across China. FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the

Sunglasses from Ray Ban are on display at a optician shop in Hanau near Frankfurt, Germany, March 18, 2016. REUTERS/Kai Pfaffenbach BRUSSELS (Reuters) – EU antitrust regulators opened on Thursday an in-depth investigation into Ray-Ban maker EssilorLuxottica’s (ESLX.PA) 7.2 billion euro bid for Dutch opticians group GrandVision (GVNV.AS), saying the deal could push up prices.

FILE PHOTO: A Mitsubishi Aircraft Corporation flag flies at Farnborough International Airshow in Farnborough, Britain, July 17, 2018. REUTERS/Toby Melville/File Photo (Reuters) – Japan’s Mitsubishi Aircraft Corp said on Thursday it will delay the first delivery of its SpaceJet regional jet for at least another year until after March 2021. The sixth delay is another

FILE PHOTO: Jeff Weiner, CEO of LinkedIn, speaks on stage during a fireside chat session at the TechCrunch Disrupt SF 2013 technology conference in San Francisco, California September 9, 2013. REUTERS/Stephen Lam (Reuters) – Professional networking platform LinkedIn’s chief executive officer, Jeff Weiner, said on Wednesday that he would step down from his position effective

WASHINGTON (Reuters) – The United States is in its 11th year of a record-setting economic expansion, a fact that President Donald Trump highlighted in his State of the Union speech to Congress on Tuesday. U.S. President Donald Trump delivers his State of the Union address to a joint session of the U.S. Congress in the

WASHINGTON (Reuters) – The U.S. Justice Department has reached out to app developers as part of its investigation into Apple Inc (AAPL.O), one of the four big tech companies being probed for alleged anti-competitive behavior, according one of the developers and another person familiar with the investigation. FILE PHOTO: An Apple logo hangs above the

FILE PHOTO: A woman watches the sun rise behind the city of London financial district and The Shard in London, Britain, December 11, 2019. REUTERS/Hannah McKay/File Photo LONDON (Reuters) – Two thirds of smaller banks typically have only men as executive directors, while lenders with men and women in top roles were likely to be