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Business News Stories

In Brexit month, investors dump shares, flee for safety of cash

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 29, 2016. Reuters/Brendan McDermid Global investors bought real estate, added to cash holdings and cut equity allocations to the lowest in at … Continue reading

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U.S. funds hold portfolios steady, equities near survey lows: Reuters poll

A computer screen showing stock graphs is reflected on glasses in this illustration photo taken in Bordeaux, France, March 30, 2016. Reuters/Regis Duvignau U.S. fund managers made no significant changes to their model global portfolio in June, a Reuters poll … Continue reading

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Stock futures up for third day as Brexit nerves settle

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 29, 2016. Reuters/Brendan McDermid U.S. stock index futures rose for the third straight day as investors looked beyond Brexit and focused on … Continue reading

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Brexit fuels worries about expected U.S. earnings recovery

EU and British flags are adjusted before the EU summit in Brussels, Belgium, June 28, 2016. Reuters/Francois Lenoir Foreign exchange volatility and economic uncertainty after Britain’s vote to leave the European Union have imperiled a projected profit rebound in the … Continue reading

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Indefinite delay means no modding Fallout 4 on PS4 anytime soon

PC users have enjoyed mod support for the Fallout series for years, but their console brethren only recently got the feature with Fallout 4. The Xbox One received mod support back in May and the PS4 was expected to get … Continue reading

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South Africa clears AB InBev's takeover of SABMiller

Photo illustration of beer flowing from a bottle of Stella Artois into a glass, seen against a SAB Miller logo, November 5, 2015. Reuters/Dado Ruvic/File Photo South Africa cleared Anheuser-Busch Inbev’s (ABI.BR) $100 billion-plus deal to acquire SABMiller (SAB.L) on … Continue reading

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Spanish authorities raid Google offices over tax: source

A woman holds her smart phone which displays the Google home page, in this picture illustration taken February 24, 2016. Reuters/Eric Gaillard/Illustration Spanish officials raided Google’s Madrid offices on Thursday in a probe related to its payment of taxes, a … Continue reading

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EU opens investigation into AB InBev Belgian beer practices

The logo of Anheuser-Busch InBev is pictured outside the brewer’s headquarters in Leuven, Belgium February 25, 2016. Reuters/Yves Herman/File Photo EU antitrust regulators will investigate whether brewer Anheuser-Busch InBev (ABI.BR) is illegally blocking cheaper imports of its own beer into … Continue reading

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China's Postal Savings Bank files for HK IPO, world's biggest since Alibaba

People walk past a sign outside a branch of Postal Savings Bank of China (PSBC) in downtown Beijing, China, November 12, 2015. Reuters/Kim Kyung-Hoon/File Photo State-owned Postal Savings Bank of China (PSBC), the country’s largest bank by number of branches, … Continue reading

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Exclusive: China to tolerate weaker yuan, wary of trade partners' reaction – sources

Chinese 100 yuan banknotes are seen on a counter of a branch of a commercial bank in Beijing, China, March 30, 2016. Reuters/Kim Kyung-Hoon/File Photo China’s central bank is willing to let the yuan fall to 6.8 per dollar in … Continue reading

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