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Hawkish Fed a potential speed bump for stock bulls

NEW YORK Next week's Federal Reserve meeting and possible signals on the pace of rate hikes for next year could pose the biggest risk yet to the rally the U.S. stock market has seen since last month's presidential election.

Recent Business News

Murdoch's new Sky bid should be probed, UK opposition politicians say

LONDON Rupert Murdoch's new takeover approach for British pay-TV firm Sky should be investigated by the UK's competition authorities, according to opposition politicians, though analysts said a deal should be easier to get through this time round.

Lawyers seek to launch fresh Brexit challenge in Irish courts

DUBLIN A group of British and Irish lawyers are seeking to challenge Britain's decision to leave the European Union in the Irish High Court to try to establish if Brexit can be reversed once divorce talks have been triggered.

Dec 10 2016

Coke CEO Muhtar Kent hands reins to Quincey in widely expected move

Coca-Cola Co said on Friday that Muhtar Kent would step aside as chief executive next year and be replaced by James Quincey, a company veteran credited with several recent changes to help the company cut its dependence on sugary drinks. | Video

Dec 09 2016

U.S. agency concerned about destroyed, lost phones in VW probe

WASHINGTON A U.S. agency involved in settlement talks with Volkswagen AG over its diesel emissions scandal has raised concerns about nearly two dozen mobile phones destroyed or lost by the German carmaker.

Dec 09 2016

All eyes focused on clues for future Fed hikes

PARIS Just how fast the Federal Reserve hikes rates next year will be the all-important question global investors will be hoping to get answered when the U.S. central bank meets next week.

Dec 09 2016

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