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companyNews reuters.com

Saudi Aramco lifts spending plans to $414 bln over next decade

DAMMAM, Saudi Arabia, Dec 12 (Reuters) - Saudi Aramco plans to raise its spending to $414 billion over the next 10 years, including on infrastructure and drilling, as the state oil giant moves into new businesses, executives said.

technologyNews reuters.com

Rolls-Royce creates cross-business data unit to drive efficiency

LONDON (Reuters) - Rolls-Royce has created a data unit, named R2 Data Labs, that uses analytics, artificial intelligence and machine learning to improve efficiency across its civil and defense aerospace, marine, nuclear and power systems businesses.

Labor and Jobs nytimes.com

Europe’s Thirst for Cheap Labor Fuels a Boom in Disposable Workers

Employment agencies across the region recruit thousands of migrants for Foxconn and other businesses, with conditions and pay that few in-country nationals would accept.

companyNews reuters.com

FS Investments moves lending platform from Blackstone to KKR

Dec 11 (Reuters) - Debt investment company FS Investment Corp and buyout firm KKR are pooling together more than $18 billion in private capital to invest in mid-sized businesses, in a push to do bigger deals which are out of reach for other alternative lenders.

businessNews reuters.com

Zurich Insurance to buy ANZ's life insurance businesses for $2.14 billion

ZURICH (Reuters) - Zurich Insurance has agreed to buy ANZ's OnePath Life insurance businesses for 2.85 billion Australian dollars ($2.14 billion), the latest and largest foray by the Swiss company into the Australian market.

cnn.com

Farmers brave mother nature amid uncertainty

North Dakota family farms are facing the challenge of a warming climate. After the state's worst drought in 10 years, according to the National Drought Mitigation Center, extreme changes in weather are making farming increasingly unpredictable. Farmers may need to find new agricultural practices to adjust to changing conditions. But this means they must also accept that the region's climate is changing in fundamental ways. CNN traveled to one of the country's most important wheat regions to learn how family farms were adjusting to this year's harvest and whether climate change was a concern. That's where we met the Stevens brothers about an hour north of Minot. Their father, March, 65, was a skilled farmer who he spent decades on the combine. He was a master at removing gophers from his mom's flower beds and a techie who built websites for local businesses. On the farm, he kept the rows straight and the weeds few. But in 2016, he died after a three-year battle with cancer.  Now the Stevens brothers must figure out how to manage the family farm during these uncertain times without the man who led the way for decades.

technologyNews reuters.com

Ericsson may make Digital goodwill impairment after revamp

STOCKHOLM (Reuters) - Ericsson said on Friday it may have to book a goodwill impairment in its struggling digital services and media businesses, potentially hitting the Swedish mobile network equipment maker's operating income but not its cashflow.

companyNews reuters.com

UPDATE 2-Dover to spin off upstream energy businesses after Loeb push

* Dover to record $60 mln-$65 mln in restructuring costs (Adds background, details about the spin off, shares)

companyNews reuters.com

UPDATE 1-Dover to spin off upstream energy businesses

Dec 7 (Reuters) - U.S. industrial equipment maker Dover Crop said on Thursday it plans to spin off its upstream energy businesses into a standalone, publicly traded company, following a strategic review announced in September.

Deferred Action for Childhood Arrivals nytimes.com

Futures in Jeopardy, ‘Dreamers’ Get Backing of Big Names and Businesses

A well-financed advertising and lobbying campaign for DACA beneficiaries is pushing Congress for a deal.

companyNews reuters.com

BRIEF-Icl To Sell Two Low Synergy Businesses For Approximately $1 Billion

* ICL TO SELL TWO LOW SYNERGY BUSINESSES FOR APPROXIMATELY $1 BILLION

Weinstein, Harvey nytimes.com

Harvey Weinstein and His Former Businesses Are Sued by Six Women in Class Action

In the lawsuit, the plaintiffs claim Miramax and The Weinstein Company worked to cover-up Mr. Weinstein’s “widespread sexual harassment and assault.”

domesticNews reuters.com

Top court weighs baker's refusal to make cake for gay couple

WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday is set to hear arguments in a major case on whether certain businesses can refuse service to gay couples if they oppose same-sex marriage on religious grounds in a dispute involving a conservative Christian baker in Colorado who declined to make a wedding cake for two men.

companyNews reuters.com

U.S. law firm probes South Africa Naspers over contract with TV station

JOHANNESBURG, Dec 5 (Reuters) - U.S. law firm, Pomerantz LLP, said on Tuesday it has launched an investigation into whether South Africa's Naspers and its directors engaged in securities fraud or other unlawful businesses practices.

Weddings and Engagements nytimes.com

Op-Ed Contributor: The Colorado Cake Case Is as Easy as Pie

Businesses have long claimed the First Amendment should excuse them from complying with the law. The Supreme Court has always rejected that argument.

domesticNews reuters.com

Supreme Court weighs baker's refusal to make cake for gay couple

WASHINGTON (Reuters) - The U.S. Supreme Court on Tuesday is set to hear arguments in a major case on whether certain businesses can refuse service to gay couples if they oppose same-sex marriage on religious grounds in a dispute involving a conservative Christian baker in Colorado who declined to make a wedding cake for two men.

companyNews reuters.com

BRIEF-Ecolab Expands U.S. Pest Elimination Business

* ECOLAB INC - PURCHASE OF THREE U.S. PEST SERVICES BUSINESSES THAT PROVIDE SPECIALIZED CAPABILITIES IN FOOD STORAGE

businessNews reuters.com

Shares of big U.S. banks rise as Senate approves tax overhaul

(Reuters) - Shares of the biggest U.S. banks were higher after the Senate approved a tax overhaul bill on Saturday, which will provide significant tax cuts for businesses.

companyNews reuters.com

Hartford to sell Talcott Resolution in deal valued at $2.05 bln

Dec 4 (Reuters) - Hartford Financial Services Group on Monday agreed to sell its life and annuity businesses, Talcott Resolution, to a group of investors in a deal valued at $2.05 billion.

politicsNews reuters.com

Senate approves major tax cuts in victory for Trump

WASHINGTON (Reuters) - The U.S. Senate narrowly approved a tax overhaul on Saturday, moving Republicans and President Donald Trump a big step closer to their goal of slashing taxes for businesses and the rich while offering everyday Americans a mixed bag of changes.

politicsNews reuters.com

Senate approves Republicans' tax overhaul

WASHINGTON (Reuters) - The U.S. Senate approved a sweeping tax overhaul on Saturday, moving Republicans and President Donald Trump a major step closer to their goal of slashing taxes for businesses and the rich while offering everyday Americans a mixed bag of changes.

companyNews reuters.com

UPDATE 2-Exxon merging oil refining and marketing units

Dec 1 (Reuters) - Exxon Mobil Corp is merging its refining and marketing divisions to boost profits from its downstream businesses, the first major restructuring under Chief Executive Darren Woods.

politicsNews reuters.com

Senate grapples with tax cut plan's impact on U.S. deficit

WASHINGTON (Reuters) - U.S. Senate Republicans will grapple on Friday with the possibility of adding a tax increase to sweeping legislation meant to cut taxes on businesses and individuals, aiming to win support from fiscal conservatives worried about the bill's impact on the federal deficit.

politicsNews reuters.com

Senate grapples with tax cut plan's impact on federal deficit

WASHINGTON (Reuters) - U.S. Senate Republicans will grapple on Friday with the possibility of adding a tax increase to sweeping legislation meant to cut taxes on businesses and individuals, aiming to win support from fiscal conservatives worried about its impact on the federal deficit.

technologyNews reuters.com

Tencent Music, Spotify in talks to swap stakes: WSJ

(Reuters) - The music group of China's Tencent Holdings Ltd and Sweden's Spotify AB are in talks to swap stakes up to 10 percent in each other's businesses ahead of their expected public listings next year, the Wall Street Journal reported on Friday.

businessNews reuters.com

At North Korean hub in China, uncertainty looms for Pyongyang-backed businesses

SHENYANG, China (Reuters) - North Korean-owned businesses such as the Chilbosan Hotel in Shenyang, the biggest city in northeastern China, face an uncertain future as United Nations sanctions against Pyongyang-owned overseas businesses loom.

companyNews reuters.com

Beauty contest: China make-up brands rein in South Korea rivals

SEOUL/SHANGHAI, Dec 1(Reuters) - As a diplomatic spat between Beijing and Seoul raged this year, many South Koreans felt decidedly unwelcome in China. South Korean businesses were shunned, K-pop concerts were canceled and tourist trade dried up.

Def Jam nytimes.com

Russell Simmons Steps Down From Businesses After Sexual Misconduct Report

Jenny Lumet, a writer, said on Thursday that Mr. Simmons sexually assaulted her in 1991.

entertainmentNews reuters.com

Music producer Russell Simmons steps down after sex assault claim

LOS ANGELES (Reuters) - Music producer Russell Simmons said on Thursday he was stepping down from his fashion and production businesses after a screenwriter said in a column in the Hollywood Reporter that Simmons sexually assaulted her in 1991.

Corporate Taxes nytimes.com

A Business Tax Fight Erupts Over the ‘Haves’ and ‘Have-Mores’

Two senators say big companies get preferential treatment over smaller businesses known as pass-throughs. But the math doesn’t back up their argument.

companyNews reuters.com

Internet businesses ask U.S. to keep net neutrality rules

WASHINGTON, Nov 27 (Reuters) - AirBnb, Reddit, Shutterstock, Inc, Tumblr, Etsy, Twitter and a long list of small internet companies urged the Federal Communications Commission on Monday to scrap a plan to roll back net neutrality rules.

domesticNews reuters.com

Payday lending pioneer convicted in U.S. of racketeering scheme

(Reuters) - A Pennsylvania man considered a pioneer in the payday lending industry was found guilty on Monday of engaging in a racketeering scheme that helped fund businesses that generated $688 million from short-term loans to hundreds of thousands of people.

cnn.com

Trump wants this tax cut. It was a disaster in Kansas

One of the key offerings of the Republican tax plan: reducing the tax rate for pass-through businesses. It's a move they say will boost small businesses and create jobs. One state tried it recently, and the result was an economic and political fiasco.

businessNews reuters.com

UK launches plan for industry as Brexit looms, wins Merck investment

LONDON (Reuters) - The British government launched a new strategy for industry on Monday, aiming to intervene in key sectors to tackle weak productivity and bolster businesses to counter any new problems caused by Brexit.

companyNews reuters.com

UPDATE 1-Israel's Kenon agrees to sell IC Power's Latam business for $1.2 bln

JERUSALEM, Nov 26 (Reuters) - Israel's Kenon Holdings said on Sunday it has agreed to sell IC Power's Latin American and Caribbean businesses to infrastructure investment manager I Squared Capital for about $1.2 billion.

companyNews reuters.com

Israel's Kenon agrees to sell IC Power's Latam business for $1.2 bln

JERUSALEM, Nov 26 (Reuters) - Israel's Kenon Holdings said on Sunday it has agreed to sell IC Power's Latin American and Caribbean businesses to infrastructure investment manager I Squared Capital for about $1.2 billion.

International Trade and World Market nytimes.com

China Limits Waste. ‘Cardboard Grannies’ and Texas Recyclers Scramble.

An intense crackdown by Chinese regulators on imported foreign waste destined to be recycled has had an impact on businesses and municipalities around the world.

businessNews reuters.com

Uber, Yandex ride services can merge in Russia, regulator FAS rules

MOSCOW (Reuters) - Uber [UBER.UL] and Yandex's ride-sharing businesses can merge in Russia, anti-monopoly regulator FAS ruled on Friday, but stipulated that the combined company not bar drivers from working for competitors.

companyNews reuters.com

UPDATE 1-Uber, Yandex ride services can merge in Russia, regulator FAS rules

MOSCOW, Nov 24 (Reuters) - Uber and Yandex's ride-sharing businesses can merge in Russia, anti-monopoly regulator FAS ruled on Friday, but stipulated that the combined company not bar drivers from working for competitors.

companyNews reuters.com

Russian competition watchdog gives green light to Yandex-Uber deal

MOSCOW, Nov 24 (Reuters) - Russia's anti-monopoly regulator FAS said on Friday it had approved a deal to merge the Russian ride-sharing businesses of Yandex and Uber, with certain conditions.

Computers and the Internet nytimes.com

Rollback of Net Neutrality Has Small Businesses Worried

Small companies, which have increasingly turned to the internet, worry that a pay-for-play system online could price them out of doing business.

companyNews reuters.com

UPDATE 1-U.S. government warns businesses about cyber bug in Intel chips

Nov 21 (Reuters) - The U.S. government on Tuesday urged businesses to act on an Intel Corp alert about security flaws in widely used computer chips as industry researchers scrambled to understand the impact of the newly disclosed vulnerability.

technologyNews reuters.com

U.S. government warns businesses about cyber bug in Intel chips

(Reuters) - The U.S. government on Tuesday urged businesses to act on an Intel Corp alert about security flaws in widely used computer chips as industry researchers scrambled to understand the impact of the newly disclosed vulnerability.

companyNews reuters.com

U.S. govt warns businesses about cyber bug in Intel chips

Nov 21 (Reuters) - The U.S. government on Tuesday urged businesses to act on an Intel Corp alert about security flaws in widely used computer chips as industry researchers scrambled to understand the impact of the newly disclosed vulnerability.

companyNews reuters.com

RPT-From Las Vegas to Washington D.C., lobbyists swarm U.S. Congress on tax bill

WASHINGTON, Nov 19 (Reuters) - Recreational vehicle retailers from across the country were sipping morning coffee at a convention in Las Vegas earlier this month when word whipped through the hotel's "dealers' lounge" that the U.S. Congress was considering tax law changes threatening their businesses.

companyNews reuters.com

BRIEF-Wave to sell European and Pacific Rim businesses

* Worthington Industries Inc - ‍Worthington expects to realize approximately $45 million for its 50% share of Wave operations being sold​

companyNews reuters.com

BRIEF-Armstrong World Industries to sell EMEA and Pacific Rim businesses to Knauf International

* Armstrong World Industries to sell EMEA and Pacific Rim businesses to Knauf International

companyNews reuters.com

From Las Vegas to Washington D.C., lobbyists swarm U.S. Congress on tax bill

WASHINGTON, Nov 19 (Reuters) - Recreational vehicle retailers from across the country were sipping morning coffee at a convention in Las Vegas earlier this month when word whipped through the hotel's "dealers' lounge" that the U.S. Congress was considering tax law changes threatening their businesses.

Small Business nytimes.com

Wealth Matters: Tax Cuts for Small-Business Owners? It’s Complicated

The House bill may seem like a tax cut for small businesses, but it is not likely to bring much relief to many business owners.

domesticNews reuters.com

Florida men found guilty of illegally transferring money from Venezuela

NEW YORK (Reuters) - The owners of a Florida construction equipment exporter were convicted of illegally transferring more than $100 million from businesses largely in Venezuela to U.S. and foreign bank accounts.

cnn.com

Businesses' tax break for harassment settlements could end soon

politicsNews reuters.com

Pass-through businesses to see cuts under tax plan: Steven Mnuchin

WASHINGTON (Reuters) - The majority of small businesses and non-corporate enterprises known as "pass-throughs" would see a significant tax cut under the Republican tax plan, U.S. Treasury Secretary Steven Mnuchin said on Friday.

businessNews reuters.com

China faces waste hangover after Singles' Day buying binge

SHANGHAI (Reuters) - China's Singles' Day online discount sales bonanza on Saturday saw bargain-hungry buyers spend over $38 billion, flooding the postal and courier businesses with around 331 million packages - and leaving an estimated 160,000 tonnes of packaging waste.

technologyNews reuters.com

Chip gear maker Applied Materials posts strong results, forecast

(Reuters) - Applied Materials Inc reported better-than-expected quarterly results and gave a strong current-quarter forecast as the world's largest supplier of tools to make semiconductors enjoys strong demand in its chip and display businesses.

technologyNews reuters.com

Chip gear maker Applied Materials up after strong results, forecast

(Reuters) - Applied Materials Inc reported better-than-expected quarterly results and gave a strong current-quarter forecast as the world's largest supplier of tools to make semiconductors enjoys strong demand in its chip and display businesses.

politicsNews reuters.com

House of Representatives approves tax overhaul, shifts fight to Senate

WASHINGTON (Reuters) - The U.S. House of Representatives approved a broad package of tax cuts affecting businesses, individuals and families on Thursday, moving Republicans and President Donald Trump an important step closer to the biggest tax code overhaul in a generation.

topNews reuters.com

U.S. House of Representatives approves tax package, shifts fight to Senate

WASHINGTON (Reuters) - The U.S. House of Representatives approved a package of tax cuts affecting businesses, individuals and families on Thursday, moving Republicans and President Donald Trump an important step closer to the biggest tax code overhaul in a generation.

businessNews reuters.com

Siemens to cut 6,900 jobs across its energy businesses

FRANKFURT (Reuters) - Siemens plans to cut about 6,900 jobs across its businesses supplying the power generation and oil and gas industries, which have been hit by the rapid growth of renewable energy.

companyNews reuters.com

CORRECTED-Amex launches blockchain-based business payments using Ripple

LONDON, Nov 16 (Reuters) - American Express has introduced instant blockchain-based payments using Ripple, a fintech start-up, for U.S. corporate customers sending funds to UK-based businesses that bank with Santander UK, the companies said on Thursday.

technologyNews reuters.com

Amex launches blockchain-based business payments using Ripple

LONDON (Reuters) - American Express has introduced instant blockchain-based payments using Ripple, a fintech start-up, for U.S. corporate customers sending funds to UK-based businesses that bank with Santander UK , the companies said on Thursday.

politicsNews reuters.com

Republican senator: Tax plan needs more relief for pass-through businesses

WASHINGTON (Reuters) - A Republican senator who has publicly opposed the current draft of the Senate tax reform plan said on Thursday he wants to see more tax relief for pass-through businesses, like partnerships, because he sees them as the source of U.S. economic growth.

cnn.com

Why GOP Sen. Johnson is a 'no'

Sen. Ron Johnson (R-WI) expresses his opposition to the Senate tax plan, stating he wants bigger tax cuts for small businesses.

Fines (Penalties) nytimes.com

I.R.S. Starts to Enforce Health Law’s Rule That Employers Offer Insurance

Thousands of businesses, many of them small or midsize, will soon get a letter saying they owe penalties because they failed to offer qualifying insurance.

cnn.com

Senate tax cuts for businesses are permanent. Yours are temporary

cnn.com

5 facts about General Electric

A storied company that's over a century old, General Electric is slashing its stock dividend and getting even smaller by selling some of its iconic businesses.

technologyNews reuters.com

Tencent's focus on digital content after stellar third quarter

HONG KONG (Reuters) - Chinese internet giant Tencent Holdings Ltd said it will invest more in its digital content businesses spanning publishing to film-making after its third quarter net profit surpassed expectations on Wednesday.

Japan nytimes.com

Japan Extends Economic Growth Streak

The country’s businesses have benefited from stimulus measures and rising global demand, as output expanded for a seventh consecutive three-month period.

Greenhouse Gas Emissions nytimes.com

Op-Ed Contributors: The U.S. Is Tackling Global Warming, Even if Trump Isn’t

Leaders from state capitols, city halls and businesses have come to a climate meeting in Bonn to say America remains committed to the Paris accord.

companyNews reuters.com

BRIEF-Hardwoods reports Q3 revenue of C$257.3 mln

* ‍Q3 revenue, including contribution from acquired businesses, increased 9.3% year-over-year to $257.3 million​

companyNews reuters.com

General Electric faces long road to pruning assets

Nov 13 (Reuters) - General Electric Co CEO John Flannery faces a tight two-year race to shed more than $20 billion in assets through dozens of deals and pare down the U.S. industrial conglomerate into three core businesses: power, aviation and healthcare.

companyNews reuters.com

UPDATE 9-GE to shrink, investors worry it will be less profitable

* Shares down almost 8 pct to more than 5-year low (Adds analyst comment, detail on businesses)

businessNews reuters.com

GE to shrink to three businesses; slashes dividend, profit outlook

(Reuters) - General Electric Co will radically shrink to focus on aviation, power and healthcare, betting on sectors it thinks it can make profits in, as the most famous U.S. conglomerate tries to revive its share price after a decade and a half of stagnation.

topNews reuters.com

GE to focus on three businesses; slashes dividend, profit outlook

(Reuters) - General Electric Co will focus on aviation, power and healthcare, radically shrinking the most famous U.S. conglomerate into a smaller company betting on industries where it has strong technology and a large customer base.

companyNews reuters.com

UPDATE 5-GE to focus on three businesses; slashes dividend, profit outlook

* Cuts quarterly dividend to 12 cents per share from 24 cents

businessNews reuters.com

Tyson Foods tops profit estimates as low-cost feed provides boost

(Reuters) - U.S. meat processor Tyson Foods Inc's quarterly earnings and revenue topped analysts' forecasts, as its chicken and beef businesses benefited from strong demand as well as lower costs to buy animal feed.

technologyNews reuters.com

EU markets agency warns new crypto coins could prove worthless

FRANKFURT (Reuters) - Europe's top markets regulator has warned investors about the pitfalls of buying newly issued crypto coins, an experimental and unregulated form of online crowd funding particularly used by start-up businesses.

companyNews reuters.com

BRIEF-American Tower to buy tower businesses from Vodafone India and Idea Cellular

* American Tower announces entry into agreements to acquire tower businesses from Vodafone India and Idea Cellular

Cyberwarfare and Defense nytimes.com

Security Breach and Spilled Secrets Have Shaken the N.S.A. to Its Core

A serial leak of the agency’s cyberweapons has damaged morale, slowed intelligence operations and resulted in hacking attacks on businesses and civilians worldwide.

environmentNews reuters.com

Anti-Trump group says most of US economy backs Paris climate pact

BONN, Germany (Reuters) - U.S. cities, states and businesses accounting for more than half the country's economy remain committed to the 2015 Paris climate accord despite President Donald Trump's plan to pull out, an anti-Trump alliance said on Saturday.

companyNews reuters.com

UPDATE 1-Anti-Trump group says most of US economy backs Paris climate pact

BONN, Germany, Nov 11 (Reuters) - U.S. cities, states and businesses accounting for more than half the country's economy remain committed to the 2015 Paris climate accord despite President Donald Trump's plan to pull out, an anti-Trump alliance said on Saturday.

environmentNews reuters.com

Anti-Trump group says most of U.S. economy backs Paris climate pact

OSLO (Reuters) - U.S. cities, states and businesses accounting for more than half the country's economy remain committed to the 2015 Paris climate accord despite President Donald Trump's plan to pull out, an anti-Trump alliance said on Saturday.

companyNews reuters.com

CORRECTED-UPDATE 2-News Corp profit beats on digital real estate unit strength

Nov 9 (Reuters) - Wall Street Journal owner News Corp reported a better-than-expected quarterly profit on Thursday, driven by a tight control on expenses and growth in revenue across all its businesses.

Car Services and Livery Cabs nytimes.com

Uber Drivers Aren’t Independent Contractors, U.K. Tribunal Rules

The decision, which affirmed a ruling made last year, casts doubt on a hiring model used by many “gig economy” businesses.

companyNews reuters.com

TMX Group quarterly profit rises 32.4 pct on lower expenses

TORONTO, Nov 9 (Reuters) - Canada's biggest stock exchange operator, TMX Group Ltd, reported a 32.4 percent rise in third quarter profit late on Thursday, helped by a decrease in operating expenses, including the effect of selling businesses.

businessNews reuters.com

News Corp profit beats on digital real estate unit strength

(Reuters) - Wall Street Journal owner News Corp reported a better-than-expected quarterly profit on Thursday, driven by a tight control on expenses and growth in revenue across all its businesses.

companyNews reuters.com

UPDATE 2-News Corp profit beats on digital real estate unit strength

Nov 9 (Reuters) - Wall Street Journal owner News Corp reported a better-than-expected quarterly profit on Thursday, driven by a tight control on expenses and growth in revenue across all its businesses.

businessNews reuters.com

Disney shares drop on disappointing results in all businesses

(Reuters) - Walt Disney Co on Thursday reported earnings that missed Wall Street targets as profit fell at its media networks unit, the movie studio and its consumer products division, sending shares down 3 percent.

companyNews reuters.com

Facebook to train U.S. businesses on ads after Russia scandal

SAN FRANCISCO, Nov 9 (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg is kicking off an effort to get U.S. small businesses to spend more on advertising as the image of the social media network's ads have taken a hit for their role in alleged Russian attempts to sway U.S. voters.

technologyNews reuters.com

Vodafone challenges BT with UK fibre broadband plan

LONDON (Reuters) - Vodafone will partner with fibre network developer CityFibre to bring ultrafast broadband to 5 million UK homes and businesses by 2025, in a direct challenge to dominant rival BT .

companyNews reuters.com

UPDATE 1-China plans pilot scheme easing foreign auto firms' ownership limits

BEIJING, Nov 9 (Reuters) - China will start a pilot scheme in the first half of next year, aiming to relax restrictions on foreign firms' ownership of new energy and special use vehicles businesses set up in free trade zones, the foreign ministry said on Thursday.

companyNews reuters.com

China plans pilot scheme easing foreign auto firms' ownership limits

BEIJING, Nov 9 (Reuters) - China will start a pilot scheme to relax foreign firms' ownership restrictions for new energy and special use vehicles businesses established in free trade zones, the foreign ministry said on Thursday.

technologyNews reuters.com

Vodafone and CityFibre partner on ultrafast broadband in UK

LONDON (Reuters) - British telecoms giant Vodafone said on Thursday it would partner with CityFibre, a wholesale fiber network infrastructure provider, to bring ultrafast broadband to up to 5 million homes and businesses in Britain by 2025.

worldNews reuters.com

EU states see Britain failing to meet Brexit divorce terms

BRUSSELS (Reuters) - EU envoys discussed on Wednesday delaying into next year the launch of talks with London on a post-Brexit relationship, raising the risk of businesses shifting out of Britain due to lack of clarity on what will happen after March 2019.

companyNews reuters.com

CORRECTED-UPDATE 1-U.S. Attorney's office probes billionaire Icahn on biofuels activity -filing

NEW YORK, Nov 8 (Reuters) - A U.S. Attorney's office has opened an investigation into activities by Carl Icahn and his businesses related to the country's biofuels program while the billionaire investor was serving as an advisor to President Donald Trump.

companyNews reuters.com

PayPal launches domestic operations in India

Nov 8 (Reuters) - Payment processor PayPal Holdings Inc on Wednesday launched domestic operations in India allowing indian consumers to use PayPal to shop online at some of India's most popular businesses.

United States International Relations nytimes.com

Trump Tightens Cuba Embargo, Restricting Access to Hotels and Businesses

The new rules, intended to direct money away from the military, limit ties with Cuba just as President Trump pushes business deals with Communist China.

companyNews reuters.com

Israel's Wix.com Q3 revenue rises, raises 2017 outlook

TEL AVIV, Nov 8 (Reuters) - Wix.com, which helps small businesses build and operate websites, swung to a profit in the third quarter and increased its revenue outlook for the full year.

Legal Profession nytimes.com

Weinstein Work Pulls Lawyer Back Into an Ethical Debate

David Boies, known for Bush v. Gore but also aggressive battles for businesses, is drawing fire for helping Harvey Weinstein draft a contract to hire private investigators.

businessNews reuters.com

Fox in the Mouse House could give Disney an edge in streaming wars

LOS ANGELES (Reuters) - If Walt Disney Co buys some Twenty-First Century Fox businesses, it could provide a quick path for the traditional media giant to create a substantial competitor to Netflix Inc in the battle for TV and movie viewers.

companyNews reuters.com

BRIEF-NGL Energy to sell portion of retail propane business to DCC for $200 mln

* NGL Energy Partners LP announces agreement to sell certain retail propane businesses to DCC LPG