Pacific Trade Pact to begin in late 2018 after six members have ratified

WELLINGTON (Reuters) – A milestone of eleven members aiming to overcome the barriers in some of the fastest-growing economies in the Asia-Pacific region will come into effect in late December,…

After tragedies and big losses, Hyundai seems to pick up the luck in North Korea

SEOUL (Reuters) – For Hyundai, the South Korean conglomerate, North Korea is a story of lost opportunities – and tragedies. Baek Cheon-ho, a senior executive in charge of Hyundai Asan's…

Barnes & Noble counters the former CEO, who was shot for alleged harassment

New York (Reuters) – Barnes & Noble Inc. (BKS.N) filed a counterclaim on Tuesday against the former Chief Executive Officer, who was partially fired for alleging that he had sexually…

T-Mobile surpasses expectations for telephone subscribers, profit

(Reuters) – T-Mobile US Inc. (TMUS.O) outperformed Wall Street's quarterly estimates for net new customers and profits on Tuesday, fueled by competitive wireless plans and trade-in deals for iPhones aiming…

The increase in Facebook revenue outweighs slow user and revenue growth

SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) on Tuesday beat earnings estimates, but missed targets for growing monthly users, reporting its slowest earnings growth in about six years in a…

Yellen says a few more rate increases are needed so the job market does not "overheat"

Getty Images Federal Reserve Chairman Janet Yellen speaks during a press conference on December 13, 2017 in Washington, DC. Yellen announced that the Federal Reserve will raise interest rates by…

The US presence at the Cuba show is dwindling in the face of Trump's hostility

HAVANA (Reuters) – A yellow excavator, forklift and other heavy equipment from the US company Caterpillar (CAT.N.) shine on Cuba's annual trade show and reflect hopes of increased US-Cuban trade…