Author Archives: Reuters Video: Business

Merkel, Abe preach cooperation to Davos crowd

Posted on January 23, 2019 by Reuters Video: Business

German Chancellor Angela Merkel and Japanese Prime Minister Shinzo Abe defended cooperation between governments at the World Economic Forum in Davos, Switzerland amid rising rising criticism the global approach is leaving too many behind.

Beaten down homebuilding sector looks attractive, says INTL FCStone’s Abbasi

Posted on January 23, 2019 by Reuters Video: Business

Retreating rates and lower input costs could revive the homebuilding sector, INTL FCStone's global market strategist Yousef Abbasi tells Reuters' Fred Katayama.

Breakingviews TV: Pimco’s Vice

Posted on January 23, 2019 by Reuters Video: Business

John Studzinski, recently minted managing director and vice chairman of the $1.7 trillion asset manager, tells Rob Cox how ESG investing has become the talk of the World Economic Forum in Davos, alongside Brazil’s new boss and even the Vatican.

ASML warns of weak first quarter as chipmakers delay orders

Posted on January 23, 2019 by Reuters Video: Business

ASML, a major supplier to the world's largest computer chipmakers, said sales would be weak in the first quarter as some of its customers had delayed orders into the second half of the year. Pascale Davies reports.

EU readies support for fishermen in case of no-deal Brexit

Posted on January 23, 2019 by Reuters Video: Business

The EU’s executive proposed contingency plans on Wednesday for fishing in the event of a no-deal Brexit, suggesting EU fishermen could be compensated if barred from Britain, and British boats could fish in EU waters for the rest of this year. David Pollard reports.

Metro Bank shares crash as risky mortgage bets raise cash call fears

Posted on January 23, 2019 by Reuters Video: Business

Metro Bank shares lost a third of their value on Wednesday after the British lender announced a sharp rise in exposure to higher-risk mortgages and said profits would be hit by slowing growth. Pascale Davies reports.

Taco Bell eyes Asia to drive overseas expansion

Posted on January 23, 2019 by Reuters Video: Business

Taco Bell plans to double its international footprint with Asian markets as the key driver, a senior executive told Reuters. Fred Katayama reports.

‘Capitalism is a wild beast’ – Bono

Posted on January 23, 2019 by Reuters Video: Business

Bono, U2 singer and co-founder of the One campaign, described capitalism as "a wild beast" that can do much harm if not tamed. He made the comments during the World Economic Forum annual meeting in Davos, Switzerland. Rough Cut (no reporter narration).

Subaru halts Japan car output on defective part, shares slide

Posted on January 23, 2019 by Reuters Video: Business

Subaru said its sole car factory in Japan, accounting for roughly 60 percent of global production, could be out of action for almost two weeks after it discovered a suspected defect in a power-steering component. Pascale Davies reports.

BOJ maintains stimulus, China to boost spending as tariff woes bites

Posted on January 23, 2019 by Reuters Video: Business

Asia's biggest economies stepped up their defences against slowing demand and the pressure of protectionism on Wednesday, with the Bank of Japan leaving its massive stimulus programme on hold and China pledging more fiscal spending to boost the economy. David Pollard reports.

Alibaba’s new hotel runs on robot hospitality

Posted on January 23, 2019 by Reuters Video: Business

Featuring human-less check-ins, facial scans and voice-controlled rooms, e-commerce giant Alibaba has unveiled its first "future hotel" in China. Grace Lee reports.

Veganism: from the margins to the mainstream

Posted on January 23, 2019 by Reuters Video: Business

Veganism has gone from a radical movement to a mainstream lifestyle choice, and in the process has become a multi-billion dollar industry. It's on the agenda at the World Economic Forum this week. Gracier Jerome reports.

Brazil’s upbeat Bolsonaro faces sober Davos mood

Posted on January 23, 2019 by Reuters Video: Business

Brazil's new far-right president Jair Bolsonaro had the unenviable task of trying to lift spirits at the World Economic Forum in Davos with attendees concerned about slower global economic growth and the effects of climate change. Conway G. Gittens reports.

Veganism: from margins to mainstream

Posted on January 23, 2019 by Reuters Video: Business

From restaurants in Cape Town and Los Angeles to London hair salons using vegan products and leather-free clothing shops, veganism is gaining popularity. The industry is now so big it is on the agenda at this week's World Economic Forum in Davos

Wall Street snaps four-sesson rally

Posted on January 22, 2019 by Reuters Video: Business

U.S. stocks ended lower on Tuesday, snapping a four-session rally, as a gloomy global economic growth outlook, trade concerns and disappointing company forecasts dampened sentiment. Fred Katayama reports.

U.S. home sales plunge in December

Posted on January 22, 2019 by Reuters Video: Business

Sales of existing homes dropped 6.4 percent in December. As Fred Katayama reports, that's the lowest level in three years and a sign the economy is slowing.