[ad_1] SAN FRANCISCO (Reuters) – The California Public Utilities Commission will hold an emergency meeting on Monday afternoon to review a request by power provider PG&E Corp to seek up to $6 billion in debtor-in-possession
Tesco cost cuts put 9,000 UK jobs at risk
[ad_1] LONDON (Reuters) – Tesco, Britain’s biggest retailer, could axe 9,000 jobs in its UK stores and head office with its latest move to simplify operations and achieve targeted cost savings. FILE PHOTO: A woman
Nvidia cuts fourth-quarter revenue estimate on weak China demand; shares sink
[ad_1] A NVIDIA logo is shown at SIGGRAPH 2017 in Los Angeles, California, U.S. July 31, 2017. REUTERS/Mike Blake/File Photo (Reuters) – Nvidia Corp on Monday cut its fourth-quarter revenue estimate by half a billion
UK grocers, fast food warn of major disruption from no-deal Brexit
[ad_1] LONDON (Reuters) – Britain’s food security could be threatened if it leaves the EU without a deal and suffers an abrupt hit to trade with the bloc, a lobby group representing firms including Sainsbury’s,
Caterpillar fourth quarter profit misses estimate, shares drop six percent
[ad_1] (Reuters) – Caterpillar Inc on Monday reported quarterly profit that widely missed Wall Street estimates, hurt by softening demand in China, a strong dollar, and higher manufacturing and freight costs, sending shares tumbling 6
Bank of India aims for fourth-quarter profit as it tackles bad loans
[ad_1] (Reuters) – Bank of India Ltd aims to return to profit in the January-March quarter as it focuses on reducing bad loans, its chief executive said on Monday, after the state-run lender logged its
World Stocks meander, bonds rise on ECB, U.S.-China trade talk
[ad_1] NEW YORK (Reuters) – Stocks closed higher on Thursday after a choppy trading day, while U.S. Treasuries were in demand after the European Central Bank chief said economic growth was likely to be weaker
Madrid taxis block major road in biggest anti-Uber protest yet
[ad_1] Taxis disrupt traffic to protest against ride-hailing services in central Madrid, Spain, January 28, 2019. REUTERS/Juan Medina MADRID (Reuters) – Hundreds of taxis blocked a central traffic artery in Madrid during Monday’s morning rush
Rusal shares soar, aluminium falls as U.S. lifts sanctions
[ad_1] WASHINGTON/MOSCOW (Reuters) – U.S. President Donald Trump’s administration on Sunday lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including aluminium giant Rusal and its parent En+, despite a Democrat-led push to
Aramco amps up in South Korea with $1.6 billion bet on refiner Hyundai Oilbank
[ad_1] SEOUL (Reuters) – State-owned Saudi Aramco plans to invest up to $1.6 billion for a nearly 20 percent stake in South Korean refiner Hyundai Oilbank, expanding its foothold in one of its biggest Asian