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AT&T signs on Fox for DirectTV Now

(Reuters) – AT&T has signed a deal with Fox Networks Group to continue showing its networks across its offerings including its online video service, DirectTV Now, the two companies announced on Monday.

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AT&T signs on Fox for DirectTV Now

IBM invests in UK data centers as tech sector defies Brexit worries

Global IT group IBM will triple the number of its cloud data centers in Britain, it said on Tuesday, joining Facebook and Google in investing in the UK after its vote to leave the European Union. IBM said it would build four new data centers to …

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IBM invests in UK data centers as tech sector defies Brexit worries

Oil prices rise in anticipation of planned OPEC-led production cut

Oil prices rose to their highest level since October on Tuesday as the market priced in a potential output cut led by producer cartel OPEC, although analysts warned that a failure to agree a cut could lead to a ballooning supply overhang by early 2017. U.S. West Texas Intermediate (WTI) crude futures were up 44 cents, or 0.9 percent, at $48.68 a barrel. The Organization of the Petroleum Exporting Countries (OPEC) is trying by Nov. 30 to bring its 14 member states and non-OPEC producer Russia to agree …

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Oil prices rise in anticipation of planned OPEC-led production cut

Citi and JPMorgan top list of globally systemic banks

By Huw Jones LONDON (Reuters) – Citi has joined JPMorgan at the top of global regulators' list of systemically important banks, replacing HSBC and meaning the U.S. bank will have to hold extra capital from 2019 to help preserve financial stability. The group of 20 economies (G20) agreed after the 2007-09 financial crisis that top banks, whose size and complexity mean a collapse could wreak havoc in markets, should hold extra capital, according to the level of risk they present. In the annual update of rankings published on Monday by the…

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Citi and JPMorgan top list of globally systemic banks

Sneakers show limits of trade policy in reviving jobs for Trump

Consider the sneaker industry, one of the first to move to Asia because of the sharply lower cost of production in China and Vietnam. Nike Inc and its smaller, privately held rival New Balance Shoes Inc split over the question of whether the United States should back the Trans Pacific Partnership (TPP) trade deal.

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Sneakers show limits of trade policy in reviving jobs for Trump

US homebuilder confidence holds steady in November

U.S. homebuilders' confidence in the housing market held steady this month, but many are worried that another fight over the federal budget could cause would-be buyers to put off home purchases.

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US homebuilder confidence holds steady in November

Wells Fargo faces tighter controls as U.S. regulator reverses course

By Patrick Rucker WASHINGTON (Reuters) – A leading U.S. bank regulator on Friday reversed course and positioned the agency to claw back pay of former executives at Wells Fargo & Co after a phony-accounts scandal

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Wells Fargo faces tighter controls as U.S. regulator reverses course

VW no longer expects tax demands in Germany related to diesel scandal

Volkswagen does not expect the German government to make tax demands to cover revenue losses related to the carmaker's diesel scandal, a company spokesman said on Saturday. In Germany, motor vehicle taxes are tied to the

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VW no longer expects tax demands in Germany related to diesel scandal

China pledges further opening as leaders scramble for free trade

By Rosalba O'Brien and Kiyoshi Takenaka LIMA (Reuters) – Chinese President Xi Jinping pledged to open the economy further on Saturday as leaders of Asia-Pacific countries sought new free-trade options following Donald Trump's election to U.S. president on promises to scrap or renegotiate trade deals. All eyes were on China at this year's APEC summit in Lima, Peru just over a week after Trump's surprise victory in the United States …

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China pledges further opening as leaders scramble for free trade

Asian export nations wary dollar boost gives Trump pretext to beat them

TOKYO/SEOUL (Reuters) – Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump's fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already on the U.S. Treasury&#…

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Asian export nations wary dollar boost gives Trump pretext to beat them

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