Author: Reuters

ZURICH (Reuters) – Power grids maker ABB is buying General Electric’s Industrial Solutions business for $2.6 billion in a bet it can improve the division’s lackluster margins over the next five years, the Swiss...

LONDON (Reuters) – The single currency and European stocks slipped on Monday after the bloc’s most powerful leader German Chancellor Angela Merkel won a fourth term but faced a fractured parliament as support for the...

LONDON (Reuters) – Uber said on Monday it was not clear what concerns London’s transport regulator had for stripping it of its license as the taxi app battles to keep operating in one of the world’s wealthiest...

TOKYO (Reuters) – The euro slipped on Monday after German Chancellor Angela Merkel won a fourth term but faced a fractured parliament as support for the far-right surged, while Asian shares pulled back, weighed by concerns...

TOKYO (Reuters) – The euro slipped on Monday after German Chancellor Angela Merkel won a fourth term in a weekend election, but faced leading a much less stable coalition in a fractured parliament as support for the...