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Fiat-Chrysler sees New York stock market listing on October 13

RIMINI Italy - Fiat-Chrysler aims to list shares in the newly merged carmaker in New York on Oct. 13, Chief Executive Sergio Marchionne said on Saturday, adding that a decision on any capital increase would be made at the end of that month.

Recent Business News

Alibaba aims to launch share sale in early September: source

HONG KONG - Chinese e-commerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of Sept. 8, a person briefed on the matter told Reuters on Saturday.

30 Aug 2014

China graft watchdog probes another executive at Chinese car maker

BEIJING - China's anti-graft watchdog has said it is investigating a former senior executive at FAW Group Corp. for corruption, the latest target in a widening probe against the company.

30 Aug 2014

Fiat-Chrysler CEO says shareholders backing of merger is 'huge step ahead'

RIMINI Italy - The fact that most Fiat shareholders chose not to exercise an option that could derail a merger with its U.S. unit Chrysler is a "huge step ahead" for the car maker, Fiat and Chrysler Sergio Marchionne said on Saturday.

30 Aug 2014

Exclusive: U.S. options exchanges craft rules to fend off turmoil

NEW YORK - A year after Goldman Sachs bungled a software upgrade and lost tens of millions of dollars from unintended trades, the 12 U.S. stock options exchanges have crafted new rules for dealing with erroneous transactions, according to draft documents seen by Reuters.

Exclusive: Bitcoin promoter to plead guilty to unlicensed money transmission

NEW YORK - Bitcoin entrepreneur Charlie Shrem has reached a plea deal to resolve U.S. charges that he engaged in a scheme to sell over $1 million of the digital currency to users of illicit online marketplace Silk Road, his lawyer said Friday.

29 Aug 2014

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How letting women fail can help them succeed

For women, fear of failure isn't an irrational position. Instead, it’s more likely a reaction to social pressures that tell them they will be more harshly judged than their male peers on their perceived missteps.