• U.S. Federal Reserve Chair Janet Yellen holds a news conference following the two-day Federal Open Market Committee (FOMC) policy meeting in Washington March 16, 2016. REUTERS/Kevin Lamarque

    Yellen's swan song to markets

    By Trevor Hunnicutt, Reuters

    (Reuters) - Janet Yellen soothed markets' anxieties even while unwinding her predecessor's emergency measures to combat the 2007-2009 global financial crisis during her tenure as the first woman to...

  • French Prime Minister Edouard Philippe reacts during the questions to the government session at the National Assembly in Paris, France, January 30, 2018.   REUTERS/Charles Platiau

    France to name and shame worst cases of tax fraud: PM

    By Reuters, Reuters

    Philippe said the tougher measures were particularly necessary as his government intended to cut business and household taxes. "For grave offences, the French must know who is trying to absolve...

  • The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, January 30, 2018.    REUTERS/Staff/Remote

    European shares slip at end of strong month

    By Helen Reid and Danilo Masoni, Reuters

    LONDON/MILAN (Reuters) - European shares fell on Wednesday as investors locked in profits at the end of a strong month while results from some of the region's biggest names also weighed. The STOXX...

  • FILE PHOTO: Sen. Bob Menendez (D-NJ) looks on during a Senate Banking Committee hearing on Capitol Hill in Washington, U.S. January 23, 2018. REUTERS/Aaron P. Bernstein/File Photo

    U.S. prosecutors drop corruption case against Sen. Menendez

    By Sarah N. Lynch and Joseph Ax, Reuters

    (Reuters) - The U.S. Justice Department has dropped corruption charges against Democratic Senator Bob Menendez of New Jersey, according to a court filing on Wednesday, days after the trial judge...

  • FILE PHOTO - Saudi Arabian billionaire Prince Alwaleed bin Talal sits for an interview with Reuters in the office of the suite where he has been detained at the Ritz-Carlton in Riyadh, Saudi Arabia

    For Saudi tycoons freed from detention, cheers and a business challenge

    By Stephen Kalin and Katie Paul, Reuters

    RIYADH (Reuters) - Cheering supporters greeted Saudi Arabian billionaire Prince Alwaleed bin Talal when he arrived at his skyscraper offices in Riyadh after his release from detention in an anti-...

  • Postal Service to close, consolidate 140 mail sites

    Postal Service to close, consolidate 140 mail sites

    By Emily Stephenson, Reuters

    WASHINGTON (Reuters) - The Postal Service will proceed with a plan this summer to shut mail-processing facilities as part of its cost-cutting effort but will spread out the closings to maintain...

  • Banks' rising bad loans add to Spanish troubles

    Banks' rising bad loans add to Spanish troubles

    By Julien Toyer and Jesús Aguado, Reuters

    MADRID (Reuters) - Spanish banks' bad loans rose in March to their highest in 18 years, underscoring the problems facing the government as it drafts in independent auditors in an attempt to reassure...

  • Historic Facebook debut falls flat

    Historic Facebook debut falls flat

    By Alexei Oreskovic, Reuters

    SAN FRANCISCO (Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches...

  • Morgan Stanley ups Facebook IPO share cap to 5,000

    By Jessica Toonkel and Jennifer Hoyt Cummings, Reuters

    NEW YORK (Reuters) - Morgan Stanley Smith Barney has increased the number of Facebook Inc IPO shares it will allow advisers to allocate to each client account. The firm previously set a cap of 500...

  • U.S. firms eye Myanmar as sanctions suspended

    U.S. firms eye Myanmar as sanctions suspended

    By Andrew Quinn and Alison Leung, Reuters

    WASHINGTON/HONG KONG (Reuters) - The suspension of U.S. sanctions barring investment in Myanmar in response to political reforms in the poor Southeast Asian state opens the door to U.S. companies...

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