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Exclusive: Walmart, Google-backed Deliv end online grocery partnership

The world’s largest retailer began bolstering its partnerships with third-party courier firms to reach consumers in 100 U.S. cities last year, after failing to use Uber and Lyft to deliver groceries, and struggling in its attempt to use its own employees to deliver goods. Deliv, which was one of Walmart’s earliest partners with pilot programs in Miami and San Jose…

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Exclusive: Walmart, Google-backed Deliv end online grocery partnership

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Few tears shed by French workers after Macron's Alstom dream is blocked

After four decades on the production line at French trainmaker Alstom, Claude Gemino had little sympathy for Emmanuel Macron when Brussels scotched the French president’s hopes of creating a European rail champion. For Gemino and many co-workers at Alstom’s Belfort factory, Macron’s support for the blocked merger with Germany’s Siemens signaled a readiness to put shareholders ahead of jobs and protecting France’s fragile manufacturing sector.

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Few tears shed by French workers after Macron's Alstom dream is blocked

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How to Set Up a Credit Fraud Alert in 3 Easy Steps

A fraud alert can prevent you from becoming a victim, and is easier to set up than you may think.Image source: Getty Images.

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How to Set Up a Credit Fraud Alert in 3 Easy Steps

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UBS chief says Swiss government is leaving banks exposed

Switzerland's politicians have done too little to protect the country's banks from demands for data from foreign governments, UBS Chief Executive Sergio Ermotti said in an interview published by the SonntagsZeitung newspaper on Sunday. Since the financial crisis, cash-strapped governments around the world have clamped down on tax evasion, with authorities investigating Swiss banks in Germany, France and the United States. “This is unacceptable and opens the door for a new offensive against Swiss banks,” he told the paper, adding that the government…

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UBS chief says Swiss government is leaving banks exposed

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Asian shares gain, dollar firm as US data soothes rate fears

By Hideyuki Sano and Nichola Saminather TOKYO/SINGAPORE (Reuters) – Asian shares jumped on Wednesday while the dollar firmed as upbeat U.S. home sales supported the view that the economy may be strong enough for the Federal Reserve to raise interest rates in coming months. Europe was also poised for a strong open, with financial spreadbetters expecting Britain's FTSE 100 to open up 0.9 percent, Germany's DAX to jump 1.1 percent, and France's CAC 40 to start the day 0.8 percent higher. U.S. new home sales data on Tuesday showed …

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Asian shares gain, dollar firm as US data soothes rate fears

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For big business seeking CO2 emissions price, a ray of hope from Paris

By Nina Chestney and Barbara Lewis PARIS (Reuters) – For the most part, big business wanted one thing from the climate accord in Paris on Saturday: a price on carbon dioxide (CO2) emissions. Stronger language in the internationally agreed pact would have destroyed

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For big business seeking CO2 emissions price, a ray of hope from Paris

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Monetary policy risks becoming ineffective in low growth world: ECB Coeure

Monetary policy risks becoming ineffective in a world where growth is sluggish, economies are deeply interconnected and interest rates are already near zero, a top European Central Bank policy maker said on Saturday. Speaking at the University of California Berkeley, ECB executive board member Benoit Coeure called for academics and policy makers to address issues at the root of a global

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Monetary policy risks becoming ineffective in low growth world: ECB Coeure

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Cognac makers ramp up U.S. efforts as China sips less

By Martinne Geller COGNAC, France (Reuters) – France's centuries-old cognac houses are raising their bets on the U.S. market with new products and campaigns to broaden the drink's

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Cognac makers ramp up U.S. efforts as China sips less

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Exclusive: French compromise snubbed as Renault-Nissan pursues shake-up – sources

France has offered to limit its voting rights at Renault in a bid to end its power struggle with the carmaker and partner Nissan, but their combined CEO Carlos Ghosn remains determined to push through changes that would give the Japanese company…

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Exclusive: French compromise snubbed as Renault-Nissan pursues shake-up – sources

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Exclusive: France’s Sephora to open shops in Iran next year

By Astrid Wendlandt and Pascale Denis PARIS (Reuters) – France's Sephora plans to open several shops in Iran starting next year, becoming one of the first major European specialist cosmetics retailers to directly invest in the country as it emerges from years of economic sanctions. Sephora, part of luxury industry leader LVMH , running around 2,000 outlets worldwide, is keen to build its presence in Iran …

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Exclusive: France’s Sephora to open shops in Iran next year