By Kane Wu and Julie Zhu HONG KONG (Reuters) - TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in ...

(Reuters) - Wireless carrier T-Mobile US expects to invest about $950 million for a 50% stake in a joint venture with Swedish investment firm EQT's fund that will buy fiber optic network provider Lumos, the companies said on Thursday. ...

(shortens headline) WASHINGTON (Reuters) - U.N. Secretary-General Antonio Guterres calls on the new authorities in Haiti "to expedite the full implementation of the transitional governance arrangements" and for the swift deployment of an ...

By Clara Denina, Amy-Jo Crowley and Anousha Sakoui LONDON (Reuters) -Anglo American's management does not consider a proposed $39 billion takeover offer from BHP Group as attractive, two sources told Reuters, as some investors and analysts dismissed ...

(Reuters) - International Monetary Fund (IMF) staff and Ecuadorean authorities have reached a staff-level agreement to underpin a four-year, $4 billion extended fund facility, the IMF said in a statement on Thursday. "Amid a challenging ...

By Daniel Wiessner (Reuters) - The U.S. Federal Trade Commission's ban on "noncompete" agreements commonly signed by workers is likely vulnerable to legal challenges, experts said, as some courts have grown increasingly skeptical of federal ...

PARIS (Reuters) - Airbus posted weaker than expected first-quarter operating profit and cashflow after hiring more staff to prepare for rising aircraft demand, but reaffirmed its financial goals for 2024 after a nervous start to the year on ...

(Reuters) - Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday after the company reported a wider-than-expected quarterly loss, highlighting its struggles with the EV rental ...

(Reuters) - Hawaiian Electric Industries is weighing the sale of its American Savings Bank FSB, Bloomberg News reported on Thursday citing people familiar with the matter. Hawaiian Electric is working with advisers to consider various options for ...

By Pete Schroeder WASHINGTON (Reuters) -A top US bank regulator opted not to consider new policies that would have imposed stricter oversight on asset managers with sizeable investments in banks like Blackrock and Vanguard, even as agency officials ...