Citi fires eight Hong Kong traders after review finds misconduct: sources

Citigroup Inc has fired eight bankers and suspended three others from its equities trading desk in Hong Kong after an internal probe revealed misconduct in their dealings with clients, people with knowledge of the matter said.

Apple's Cook to China: keep opening for sake of global economy

Apple chief executive Tim Cook nudged China on Saturday to open up and said the future would depend on global collaboration, as the United States and China remained locked in a bitter trade dispute.

AT&T, Viacom continue contract negotiations past deadline

MTV, Nickelodeon, Comedy Central and other Viacom Inc channels were still available on AT&T Inc's DirecTV satellite TV service on early Saturday morning as the companies continued to hash out a new carriage contract.

U.S. airlines sending teams to review Boeing 737 MAX upgrade this weekend

The three U.S. airlines that own Boeing Co's 737 MAX are meeting the U.S. manufacturer this weekend to review a software upgrade for the jet that has suffered two fatal crashes in five months, officials from the airlines told Reuters.

Philip Morris says Canadian unit RBH granted creditor protection

Philip Morris International Inc on Friday said its Canadian unit, Rothmans, Benson & Hedges Inc (RBH), was granted creditor protection, following a tobacco class action ruling in Quebec this month.

Autonomy founder Lynch set for $5 billion Hewlett-Packard court showdown

Mike Lynch, once hailed as Britain's answer to Bill Gates, faces Hewlett-Packard (HP) in London's High Court on Monday in a multi-billion dollar showdown over the U.S. technology company's 2011 purchase of the Autonomy software business he founded.

Wall Street Week Ahead: Doubts increase that first quarter will be earnings low point

As Wall Street braces for what may be the first U.S. profit decline since 2016, investors say the first quarter may not mark the low point for 2019 earnings.

Take Five: Take it easy, central banks - World markets themes for the week ahead

Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.

Viacom, AT&T negotiations weigh on possible CBS tie-up: sources

Viacom Inc's bitter contract renewal talks with AT&T Inc's DirecTV that could see the blackout of MTV, Nickelodeon and Comedy Central by midnight Friday are weighing on a possible tie-up of CBS and Viacom, sources familiar with the discussions said.

Image sharing website Pinterest files for IPO

Pinterest Inc, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering with U.S. regulators on Friday, looking to tap into a red-hot market for new stock offerings.

Musk's lawyers call tweet in SEC's contempt bid 'not material'

Elon Musk's lawyers said that the U.S. Securities and Exchange Commission failed to satisfy its heavy burden of showing that the Tesla Inc chief executive should be held in contempt, and the tweet prompting its contempt motion was both proper and "not material."

U.S. lawmaker seeks Boeing whistleblowers, some MAX 737 orders in jeopardy

A U.S. lawmaker on Friday urged current or former Boeing Co and Federal Aviation Administration (FAA) employees to come forward with any information about the certification program for the 737 MAX, which has suffered two fatal crashes in five months.

Allergan promises independent board chair in next leadership change

Allergan Plc plans to elect an independent board chairman, starting with the next leadership transition, the Botox maker said on Friday, as the drugmaker responds to calls from hedge fund Appaloosa LP to separate the roles of chairman and chief executive officer.

Wall Street tumbles on global economic slowdown fears

Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes posting their biggest one-day percentage declines since Jan. 3, as weak factory data from the United States and Europe led to an inversion of U.S. Treasury yields, fueling fears of a global economic downturn.

U.S. lawmaker urges FAA, Boeing employees to disclose details on 737 MAX approval

The chairman of U.S. House Transportation and Infrastructure Committee Peter DeFazio on Friday urged current or former Boeing Co and Federal Aviation Administration employees to come forward with any information about the government's aircraft certification program.

Boeing Co wins $4.1 billion U.S. defense contract: Pentagon

Boeing Co has been awarded a $4.1 billion U.S. defense contract related to the expansion and improvement of the ground-based midcourse missile defense system, the Pentagon said on Friday.

U.S. adds criminal charges against ex-Autonomy CEO Lynch

U.S. prosecutors on Friday added three new criminal charges to their indictment against British entrepreneur Mike Lynch related to the $11.1 billion sale of his software company Autonomy to Hewlett-Packard in 2011.

Google rival wants more details about Google's Android proposal

Czech search engine Seznam urged Google on Friday to disclose more details about its plan to boost rival search apps in Android smartphones, saying it continued to lose users due to what it said were Google's anti-competitive practices.

U.S. Treasuries signal trouble, stocks fall on global growth worries

Stocks around the world fell and U.S. Treasuries yields sent warning signals for a possible recession on Friday after weaker-than-expected U.S. and European data intensified fears of a global economic slowdown.

Exclusive: EU to drop threat of Huawei ban but wants 5G risks monitored - sources

The European Commission will next week urge EU countries to share more data to tackle cybersecurity risks related to 5G networks but will ignore U.S. calls to ban Huawei Technologies, four people familiar with the matter said on Friday.