Harley CEO asks investors for patience as sales, stock slide

MILWAUKEE, Wis. (Reuters) – To Harley-Davidson Inc’s (HOG.N) investors, its chief executive has a simple message – be patient with his strategy to turn around the slump in demand for its iconic motorcycles. In an interview with Reuters, Matt Levatich said the...

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Goldilocks fights back but bears still swinging

LONDON (Reuters) – The fight between Goldilocks bets – on the not too hot, not too cold global economy – and market bears who have delivered some hefty blows in recent weeks, continued on Tuesday with little sign yet of a clear...

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History suggests strong economy can ward off bear market

NEW YORK (Reuters) – Faith in the economy is reason to think this current stock market correction is unlikely to deepen into a full-blown bear market. That is the read of stock market strategists and other market watchers looking at past pullbacks...

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Real animal fur sold as fake in London markets

Real animal fur labelled as fake has been found on sale in major London markets, a BBC Inside Out investigation has uncovered. Scientific research identified numerous items containing hair belonging to rabbits, raccoon dogs, and mink being sold at stalls. You can...

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Viewsnight: ‘Why are the apps of the future using Victorian working practices?’

In this Viewsnight, Polly Mackenzie of Demos argues that gig economy apps need to be better regulated to protect workers’ rights. Viewsnight is BBC Newsnight’s place for ideas and debate. For more, head over to BBC Newsnight on Facebook and on YouTube.

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New York sues Weinstein Co., Harvey Weinstein over sexual misconduct

NEW YORK (Reuters) – New York’s attorney general sued the Weinstein Company and Harvey Weinstein on Sunday alleging years of sexual harassment and misconduct by the movie producer, in a move that could jeopardize talks on a potential sale of the studio....

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Exclusive: Amazon paid $90 million for camera maker’s chip technology – sources

SAN FRANCISCO (Reuters) – Amazon.com Inc paid about $90 million to acquire the maker of Blink home security cameras late last year, in a secret bet on the startup’s energy-efficient chips, people familiar with the matter told Reuters. The deal’s rationale and...

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Unilever threatens online ad cuts to clean up internet

LONDON (Reuters) – Consumer goods giant Unilever (ULVR.L)(UNc.AS), one of the world’s biggest advertisers, has threatened to pull investment from digital platforms such as Facebook and Google that “create division” in society or fail to protect children. Keith Weed, chief marketing officer...

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Qualcomm, Broadcom plan to meet on February 14: sources

(Reuters) – Qualcomm Inc and Broadcom Ltd plan to meet on Wednesday to talk about the latter’s $121 billion acquisition offer, the first time the semiconductor companies will discuss the potential deal, people familiar with the matter said. The meeting comes after...

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Stocks try a tentative bounce, bonds fret on U.S. inflation

SYDNEY (Reuters) – Asian share markets found a semblance of calm on Monday as S&P futures extended their bounce, though global investors were still fretting about the risks from looming U.S. inflation data after last week’s sharp sell-off. MSCI’s broadest index of...

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Big Oil takes stage for post-austerity beauty contest

LONDON (Reuters) – With years of austerity in their rear-view mirrors, the world’s biggest oil companies are locked in a beauty contest to lure investors with promises of growth and greater rewards. Royal Dutch Shell and Total are emerging as frontrunners after...

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Bitcoin explained: How do cryptocurrencies work?

An estimated £3-4billion is being laundered via cryptocurrencies in Europe every year, the director of Europol has told the BBC. It comes as the Shadow Treasury Minister, Alison McGovern, says much speedier regulation is needed. But what are cryptocurrencies? Spencer Kelly explains...

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Citigroup to invest in London, hire staff despite Brexit: FT

(Reuters) – Wall Street bank Citigroup Inc (C.N) will set up an innovation center in London in one of the first investments by a big U.S. bank since Brexit, the Financial Times reported on Sunday. Citi will initially hire 60 technologists for...

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Emirates firms up $16 billion order for A380 superjumbos

DUBAI (Reuters) – Emirates signed a contract on Sunday to buy as many as 36 Airbus (AIR.PA) A380 aircraft worth as much as $16 billion at list prices, firming up an order that is crucial to the future of the world’s biggest...

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Renault board member quits ahead of CEO succession meeting

PARIS (Reuters) – Senior Renault (RENA.PA) board member Thierry Desmarest has resigned from the French carmaker, sources told Reuters, days ahead of a meeting at which Chief Executive Carlos Ghosn is asking directors to back his chosen successor’s appointment. Desmarest’s exit comes...

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Lloyds sets ethnic leadership goal in first for FTSE-100 company

Britain’s biggest high street lender‎ will this month become the first FTSE-100 company to set a formal target for the number of non-white people it employs in senior posts. Sky News‎ has learnt that Lloyds Banking Group will announce alongside its annual...

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Takata, injured drivers reach deal to end U.S. bankruptcy

WILMINGTON, Del. (Reuters) – Takata Corp’s U.S. unit reached a settlement with its creditors, lawyers for those injured by its deadly air bags and automakers that smoothes the way to end its Chapter 11 bankruptcy and sell its viable operations, according to...

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Breitling CEO ditched racy ads featuring women as unsuitable: paper

ZURICH (Reuters) – The new chief executive of Switzerland’s Breitling watch company said he has ended advertisements with some featuring women in shorts and flight suits catering to pilots of World War II-era fighter planes on grounds they were inappropriate. Some of...

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Toyota leaves Pyeongchang podium to South Korean rivals

PYEONGCHANG, South Korea (Reuters) – For a major new Olympics sponsor, Japanese carmaker Toyota Motor Corp is oddly invisible at the Pyeongchang winter Games. Unlike other top global sponsors such as Coca-Cola and Visa, Toyota is nowhere to be seen, having sent...

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Credit Suisse hit by U.S. lawsuit over writedowns, says case without merit

ZURICH (Reuters) – Credit Suisse (CSGN.S) faces a U.S. class action lawsuit over $1 billion in writedowns it took in 2015 and 2016 linked to its trading division, Swiss newspaper SonntagsZeitung reported on Sunday, but the Swiss bank said the case was...

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