Bailey set to be named new Bank of England boss: source

LONDON (Reuters) – Former Bank of England deputy governor Andrew Bailey is set to be named…

House passes new North American trade pact to replace NAFTA

WASHINGTON (Reuters) – The U.S. House of Representatives on Thursday backed a new trade agreement with…

Southwest can be sued for bumping passenger who spoke Arabic: U.S. judge

By Jonathan Stempel (Reuters) – A federal judge on Thursday rejected Southwest Airlines Co’s <LUV.N> bid…

Stocks rally anew; euro bonds rise on Swedish rate move

By Herbert Lash NEW YORK (Reuters) – Global equity markets extended a year-end rally on Thursday…

Goldman Sachs may admit guilt, pay $2 billion fine to settle U.S. 1MDB probes: source

By Elizabeth Dilts Marshall (Reuters) – Goldman Sachs Group Inc is in talks with the U.S.…

Starbucks settles New York probe into illegal sick leave policy

By Jonathan Stempel NEW YORK (Reuters) – Starbucks Corp agreed on Thursday to pay restitution and…

Airbnb wins fight to remain exempt from European property rules

By Michele Sinner and Foo Yun Chee LUXEMBOURG (Reuters) – U.S. homesharing site Airbnb on Thursday…

Swiss Supreme Court upholds Swisscom cartel fine

By Brenna Hughes Neghaiwi ZURICH (Reuters) – Switzerland’s highest court on Thursday upheld a 186 million…

Daimler, BMW exiting North American car-sharing market, cutting in Europe

By David Shepardson WASHINGTON (Reuters) – BMW AG <BMWG.DE> and Daimler AG <DAIGn.DE> said Wednesday they…

Russia, Ukraine, Europe agree ‘in principle’ on new gas deal: EU’s Sefcovic

BERLIN/MOSCOW (Reuters) – Russia, Ukraine and the European Commission, after hours-long talks on Thursday, have agreed…

Oil reaches three-month highs, supported by low U.S. inventories, trade progress

By Collin Eaton HOUSTON (Reuters) – Oil prices reached the highest level in three months in…

U.S. business borrowing for equipment falls 3% in November: ELFA

(Reuters) – U.S. companies’ borrowings for capital investments fell about 3% in November from a year…