WASHINGTON (Reuters) - Concerns about Russia's actions in Ukraine could halt a decade-long decline in European military spending, Airbus Group Chief Executive Officer Tom Enders said Wednesday, as he also underscored concerns about growing Chinese military exports.
LOS ANGELES/CHICAGO (Reuters) - The worst-ever trading outage on the world's most important agricultural markets was triggered when sophisticated technology tripped over a trading halt in a single market, the executive chairman of exchange operator CME Group Inc told Reuters.
DETROIT (Reuters) - In the midst of General Motors Co's biggest crisis since bankruptcy, new Chief Executive Mary Barra is turning to an inner circle dominated by company "lifers," believing the team is up to handling a massive recall and reinvigorating the company without much outside help, former and current
NEW YORK/LONDON (Reuters) - Merck & Co Inc is considering selling a big portfolio of mature drugs that could fetch more than $15 billion, according to people familiar with the matter, as the U.S. drugmaker continues to streamline businesses to focus on high-growth areas.
NEW YORK (Reuters) - Texas tycoon Samuel Wyly said Wednesday his former lawyer cut a "deal with the devil" in agreeing to testify against him in the U.S. Securities and Exchange Commission's fraud trial accusing him of concealing stock trades in offshore trusts.
PARIS (Reuters) - General Electric's overtures to the power business of France's former industrial beacon Alstom have shown again how the French state, for all its interventionist zeal, has limited room for maneuver against big business.
DETROIT (Reuters) - The United Auto Workers still has several options to unionize Volkswagen AG's Tennessee car plant, labor law experts said on Wednesday, after it failed to win enough support and last week dropped its challenge to the election results.
SAN FRANCISCO (Reuters) - Facebook Inc rolled out a new service that it envisions will distribute ads across a network of mobile applications, opening the door to a new source of revenue for the Internet social network.
(Reuters) - Charter Communications, which lost out to Comcast Corp in a bid to acquire Time Warner Cable Inc, has withdrawn its slate of nominees to Time Warner Cable's board.
NEW YORK (Reuters) - U.S. stocks were little changed on Wednesday after data showed the economy grew at a sharply lower-than-expected pace in the first quarter, but gains in private payrolls kept the market near break-even.