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Exclusive: Trump says not thrilled with Fed's Powell for raising rates

WASHINGTON U.S. President Donald Trump said on Monday he was "not thrilled" with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies.

Recent Business News

CBS must face revived lawsuit in U.S. over pre-1972 recordings

A federal appeals court on Monday revived a lawsuit accusing CBS Corp of copyright infringement for playing digitally remastered songs recorded before 1972 by Al Green, the Everly Brothers, Jackie Wilson and others on its radio stations and online.

Linde, Praxair get EU approval for $82 billion deal, await U.S. decision

BRUSSELS German industrial gases group Linde and U.S. rival Praxair secured conditional EU antitrust approval on Monday for their $82 billion merger but still have to clear a major hurdle with U.S. enforcers.

11:01am EDT

Exclusive: Standard Chartered sells principal finance business to Actis and ICG

LONDON Standard Chartered is in talks to sell its private equity business to Intermediate Capital Group (ICG), a source with direct knowledge of the deal said on Monday, as part of a broader disposal of its 'principal finance' investment business.

Africa, Campaign Finance 11:22am EDT

Sky expects to pay advisers on Fox deal up to $123.7 million in fees

LONDON Sky said on Monday that it expected to pay its advisers between 90 million pounds and 97 million pounds ($123.7 million) if Twenty-First Century Fox succeeds with its takeover of the British broadcaster.

1:52pm EDT

PepsiCo puts fizz into healthy drinks with $3.2 billion SodaStream deal

JERUSALEM/LONDON PepsiCo will buy carbonated drink-machine maker SodaStream for $3.2 billion as it battles Coca-Cola for an edge in the health-conscious beverage market. | Video

2:37pm EDT

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