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Brazilian phone carrier Oi suffers two setbacks in debt restructuring

SAO PAULO (Reuters) - Brazilian phone carrier Oi SA faced two setbacks from the government on Monday in its efforts to pull off the country's biggest-ever in-court debt restructuring.

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Australia publishes draft laws for relaxed fintech regulation

SYDNEY (Reuters) - The Australian government published draft laws on Tuesday that would let financial technology companies operate without a full licence, a measure it said would encourage innovation without compromising existing levels of consumer protection.

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German lawmakers to face down far-right AfD in vote for vice speaker

BERLIN (Reuters) - The far-right Alternative for Germany (AfD) is set to clash with other parties over its nomination for a senior parliamentary post when the Bundestag meets on Tuesday for its inaugural session after last month's election.

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UPDATE 2-Germany's coalition-seeking Greens and liberals find common ground on tax

BERLIN, Oct 23 (Reuters) - The two parties that are in talks to join German Chancellor Angela Merkel's conservatives in government inched closer together in one of the most bitterly contested policy areas on Monday, brightening prospects for a coalition.

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BRIEF-Shah Capital along with consortium withdraws proposal to buyout UTStarcom Holdings

* Shah Capital along with consortium withdraws proposal to buyout UTStarcom Holdings Corp - SEC filing Source text: (http://bit.ly/2hZ9U49) Further company coverage:

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Amazon receives 238 proposals for its second headquarters

(Reuters) - Amazon.com Inc has received 238 proposals from cities and regions across North America vying to host the company's second headquarters, it said on Monday.

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UPDATE 1-Amazon receives 238 proposals for its second headquarters

Oct 23 (Reuters) - Amazon.com Inc has received 238 proposals from cities and regions across North America vying to host the company's second headquarters, it said on Monday.

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BofA fortifies online banking with new security layer

(Reuters) - Bank of America Corp will start using an additional layer of authentication for its online banking services, the Wall Street bank said on Monday, amid a wave of high-profile data breaches at several big U.S. companies.

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BRIEF-Amazon says received 238 proposals across North America for new headquarters

* Amazon.com Inc says received 238 proposals across North America for co's hQ2 Further company coverage:

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Germany promises maximum of 540 mln euros towards Israel sub buy

BERLIN, Oct 23 (Reuters) - Germany will make a contribution of up to 540 million euros to help finance Israel's purchase of three ThyssenKrupp submarines, or around a third of the estimated value of the deal, government spokesman Steffen Seibert said on Monday.

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Saudi Prince Alwaleed bin Talal optimistic about Twitter investment: CNBC

RIYADH (Reuters) - Saudi Prince Alwaleed bin Talal, who owns investment firm Kingdom Holding, said in an interview with CNBC on Monday that he was optimistic about his investment in Twitter.

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Amazon backs German artificial intelligence research hub

FRANKFURT (Reuters) - Amazon.com will open an artificial intelligence research center in the German university city of Tuebingen, creating 100 jobs over the next five years.

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Tencent unit China Literature launches up to $1.1 billion HK IPO

HONG KONG (Reuters) - China Literature Ltd, China's largest online publishing and e-book company, launched an initial public offering for up to $1.1 billion on Monday, seeking funds for acquisitions and to expand its digital publishing business.

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China's recyclers eye looming electric vehicle battery mountain

SHANGHAI (Reuters) - After years of dismantling discarded televisions and laptops, a Shanghai recycling plant is readying itself for a new wave of waste: piles of exhausted batteries from the surge of electric vehicles hitting China's streets.

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INSIGHT-China's recyclers eye looming electric vehicle battery mountain

* China lithium battery waste to reach 170,000 tonnes next yr

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German zoo hopes to cure panda's bad walking habit with sex

BERLIN (Reuters) - Zookeepers at Berlin's main animal park are hoping to cure a young female panda's habit of walking backwards by introducing her to one of life's most precious pleasures: sex.

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Hudson's Bay reassures German workers after Kaufhof CEO quits

DUESSELDORF, Germany, Oct 22 (Reuters) - Canadian retailer Hudson's Bay Co (HBC) sought to ease concern that the abrupt resignation of its chief executive could herald cuts at its struggling German department store chain Kaufhof.

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Austria's likely next chancellor hopes to form govt. in 60 days: paper

ZURICH (Reuters) - Austria's likely next chancellor, Sebastian Kurz, wants talks over a new government to last no more than two months, he said in a newspaper interview published in Sunday.

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U.S. warns public about attacks on energy, industrial firms

(Reuters) - The U.S government issued a rare public warning about hacking campaigns targeting energy and industrial firms, the latest evidence that cyber attacks present an increasing threat to the power industry and other public infrastructure.

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German police rule out terrorism in Munich knife attack

MUNICH (Reuters) - German police ruled out a political or religious motive behind a knife attack in the city of Munich on Saturday and said a detained man suspected of injuring eight people had mental health problems.

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German police detain suspect in Munich knife attack

MUNICH (Reuters) - A man injured four people with a knife in the German city of Munich on Saturday and police detained a suspect matching descriptions by witnesses.

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Matchmaker Merkel seeks awkward three-way embrace

BERLIN (Reuters) - German Chancellor Angela Merkel opened what promised to be marathon coalition talks on Friday, hoping to bring three opposing political camps into a stable government despite signs there would be less money to paper over differences.

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Russia's Kasatkina, Germany's Goerges reach Kremlin Cup final

MOSCOW (Reuters) - Russia's Daria Kasatkina and Julia Goerges of Germany will meet in the final of the Kremlin Cup after defeating their semi-final opponents in Moscow on Friday.

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Jamaica or bust: Merkel starts crunch coalition talks

BERLIN (Reuters) - German Chancellor Angela Merkel pronounced herself optimistic as she opened the first full round of talks on piecing together the three-way "Jamaica" coalition she needs if she is to avoid an abrupt end to her 12 years in power.

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Germany will await prosecution "ok" before delivering Israeli subs - Spiegel

BERLIN, Oct 20 (Reuters) - Germany will wait for Israeli prosecutors to conclude all investigations in a corruption scandal involving Prime Minister Benjamin Netanyahu before delivering three submarines in a $2 billion defence deal, German magazine Der Spiegel reported.

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London the starting line as Adidas laces up robotic shoe run

LONDON (Reuters) - Adidas has launched the first of six planned city-themed running shoe models in London as it capitalizes on its first Speedfactory, which it has opened in Germany and equipped with time-saving robotics.

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Namibia tells Airbnb hosts to register or face jail

WINDHOEK (Reuters) - Namibia said on Friday that local home owners listed with U.S. short-term rental service Airbnb Inc risk imprisonment if they fail to register with the tourism regulatory body before the end of this year.

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Why this city is the Versailles of Germany

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BRIEF-General Electric Co results press release

Please click on the link below for General Electric Co's quarterly earnings press release: Source text:

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EU opens investigation into Chinese e-bike imports

BRUSSELS (Reuters) - The European Commission on Friday launched an investigation into the import of electronic bikes (e-bikes) from China after European producers complained that they are being sold at excessively low prices with the help of unfair subsidies.

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Jamaica or bust: Merkel launching crunch German coalition talks

BERLIN (Reuters) - German Chancellor Angela Merkel on Friday begins the first full round of talks on forming a three-way "Jamaica" coalition that she needs to work or else risk her time in power coming to an end after 12 years.

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BRIEF-Acacia says any proposal between Barrick, Tanzania would need co's approval

* ACACIA MINING - CONTINUES TO SEEK FURTHER CLARIFICATION ON TANZANIA DISCUSSIONS AND AS YET NO FORMAL PROPOSAL HAS BEEN PUT TO ACACIA FOR CONSIDERATION​

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Ride hailing firm Grab secures up to $700 million in debt facilities

SINGAPORE (Reuters) - Grab, the main Southeast Asian rival of Uber Technologies Inc [UBER.UL], said on Friday it had secured debt facilities of up to $700 million to help it create the largest car rental program in southeast Asia.

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Merkel sends positive signal to May on Brexit talks

BRUSSELS (Reuters) - German Chancellor Angela Merkel offered one of her most positive assessments of Brexit talks in months on Thursday, saying she believed negotiations between the EU and Britain were moving forward and dismissing the prospect of a breakdown.

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EU leaders want to 'responsibly' cut Turkey pre-accession aid: Merkel

BRUSSELS (Reuters) - The human rights situation in Turkey is unacceptable, German Chancellor Angela Merkel told reporters on Thursday, adding European Union leaders had asked their executive arm to look at cutting pre-accession aid to Ankara in a "responsible way".

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Mexican auto lobby rejects U.S. NAFTA proposal on rules of origin

MEXICO CITY (Reuters) - The Mexican Auto Industry Association (AMIA) on Thursday rejected U.S. proposals to increase North American content for autos produced in the region and require, under a new NAFTA deal, that half of all content come from the United States.

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EU leaders want proposals on taxing online giants early next year

BRUSSELS, Oct 19 (Reuters) - European Union leaders said on Thursday they looked forward to seeing proposals on taxing online giants by early 2018 but in a nod to concerns from countries like Ireland said EU efforts had to be in line with work under way at a global level.

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Billions in tax breaks offered to Amazon for second headquarters

(Reuters) - A public contest ending Thursday to bid over housing Amazon.com Inc's second headquarters has drawn pitches from governors and a prime minister, marketing campaigns and offers of tax credits worth at least as much as $7 billion.

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U.S. auto reliability dented by new technology; electric cars fare better: report

DETROIT (Reuters) - New technology to stream music into dashboards or boost fuel efficiency is making cars less reliable, although electric cars such as the Tesla Model 3 and the Chevrolet Bolt should fare better than many conventional models, Consumer Reports magazine said on Thursday.

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UPDATE 1-U.S. auto reliability dented by new technology; electric cars fare better - report

DETROIT, Oct 19 (Reuters) - New technology to stream music into dashboards or boost fuel efficiency is making cars less reliable, although electric cars such as the Tesla Model 3 and the Chevrolet Bolt should fare better than many conventional models, Consumer Reports magazine said on Thursday.

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Germany says worried about new generation of Islamic State recruits

BERLIN (Reuters) - Germany's domestic intelligence agency said on Thursday that minors returning from war zones in Syria and Iraq could grow into a new generation of recruits in Germany for the Islamic State group.

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BRIEF-Metage Capital says ISS recommends MVC Capital shareholders vote in favor of its proposal

* Metage Capital Limited says Institutional Shareholder Services recommends shareholders vote in favor of Metage's proposal at MVC capital's AGM​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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Alphabet's CapitalG leads Lyft's $1 billion funding round

(Reuters) - Lyft Inc has raised $1 billion in fresh financing, the ride-services company said on Thursday, in a round led by one of Alphabet Inc's investment funds, further complicating the convoluted world of ride-hailing alliances and dealing a blow to rival Uber Technologies Inc.

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EU lawmakers agree to strengthen privacy rules for WhatsApp, Skype

BRUSSELS (Reuters) - European Union lawmakers voted on Thursday to bring online messaging and email services such as WhatsApp and Skype into the scope of tough telecoms privacy rules that will restrict how they can track users.

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'Anemic' iPhone 8 demand drags Apple shares lower

(Reuters) - Signs of poor demand for the iPhone 8 fueled more questions on Thursday over Apple Inc's strategy of releasing two phones within months of each other in 2017, sending its shares almost 3 percent lower.

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'A long way to go' in German coalition talks, liberal FDP says

BERLIN (Reuters) - There is a long way to go in talks on forming a new German coalition led by Chancellor Angela Merkel's conservatives, a senior member of the pro-business Free Democrats (FDP) said after meeting the environmentalist Greens on Thursday.

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Alphabet's CapitalG leads Lyft's latest $1 billion funding

(Reuters) - Lyft Inc has raised $1 billion in fresh financing, the ride-services company said on Thursday, in a round led by one of Alphabet Inc's investment funds, further complicating the convoluted world of ride-hailing alliances and dealing a blow to rival Uber Technologies Inc.

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Alphabet leads Lyft's latest $1 billion funding

(Reuters) - Uber rival Lyft said on Thursday Capital G, the growth investment fund of Google parent company Alphabet Inc , led a $1 billion round of financing, boosting the valuation of the ride-hailing service to $11 billion.

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Merkel presses allies to cut funds for Turkey's EU bid

BRUSSELS (Reuters) - German Chancellor Angela Merkel urged her fellow leaders on Thursday to cut European Union funds to Turkey that are linked to Ankara's bid to join the bloc due to concerns about the country's growing authoritarianism.

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Germany's FDP, Greens try to find common ground at first talks

BERLIN (Reuters) - A first meeting between Germany's pro-business Free Democrats (FDP) and the Greens about joining a coalition led by conservative Chancellor Angela Merkel focused on finding out common points of agreement, FDP General Secretary Nicola Beer said on Thursday.

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'Anemic' iPhone 8 demand drags Apple lower

(Reuters) - Signs of poor demand for the iPhone 8 fueled more market questions over Apple Inc's double 2017 iPhone release strategy, sending its shares down as much as 2.6 percent on Thursday.

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Just relax, Europe's tech leader SAP tells investors, fourth quarter will be dynamite

FRANKFURT/LONDON (Reuters) - SAP , Europe's most valuable technology stock, predicted a "dynamite" fourth quarter for its cloud computing business, helping its shares erase losses after third-quarter results fell short of market expectations.

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Fewer migrants entitled to join family in Germany: study

BERLIN (Reuters) - The number of foreigners who qualify to join loved ones granted asylum in Germany is much smaller than government estimates, a study showed on Thursday, potentially removing an obstacle in

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TSMC sees on-quarter revenue growth at 10 pct ahead of iPhone X launch

TAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said demand from mobile device makers is likely to push October-December revenue growth to 10 percent from three months prior, in a quarter when client Apple Inc begins sales of its iPhone X.

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Japan finance sector to reap digital currency benefits, says MUFG chief

TOKYO (Reuters) - The chief executive of Japan's largest bank expects new business opportunities to appear as digital currencies allow collection of data on how people use their money.

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Ryanair, Google and eDreams reach settlement over advertisements

DUBLIN (Reuters) - Ryanair reached a settlement with Google and online travel agent eDreams to end legal proceedings in the Irish High Court over what it said were misleading advertisements for Ryanair flights, the airline said on Thursday.

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Samsung, Omnitracs expand tablet offering for U.S. truck fleets

SEATTLE (Reuters) - Samsung Electronics Co Ltd and U.S. truck fleet services company Omnitracs said on Thursday they are rolling out a tablet-software package to help smaller carriers comply with a looming federal regulation to log driver hours electronically.

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Strong private equity interest in German Alloheim sale -sources

FRANKFURT, Oct 19 (Reuters) - Several buyout groups remain in the running for Alloheim, one of Germany's top three nursing home operators, as its owner seeks to benefit from high valuations for healthcare assets, sources close to the matter said.

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Apple shares drop on iPhone 8 demand worries

(Reuters) - Apple Inc's shares fell 1.5 percent in premarket trading on Thursday on growing concerns about muted demand for the iPhone 8 and iPhone 8 Plus.

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TSMC's third-quarter net profit falls 7 percent on supply constraints, beats estimates

TAIPEI (Reuters) - Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd (TSMC) on Thursday said supply-chain inventory constraints pulled down net profit in the third quarter, albeit by a lesser degree than analysts had estimated.

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SAP profits miss forecasts as cloud shift inflates costs

FRANKFURT/LONDON (Reuters) - SAP , Europe's most valuable technology company, missed market expectations for third-quarter profit as it invested heavily to shift business customers into cloud computing.

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Domino's German JV to buy independent chain Hallo Pizza

Oct 19 (Reuters) - Domino's Pizza Group Plc said its German joint venture, in which it owns a third of the stake, would buy Germany's largest independent pizza chain, Hallo Pizza, to expand its business in the country.

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Study: Insect populations in Germany decline 75%

A new scientific study has found "dramatic" and "alarming" declines in insect populations in areas in Germany, which researchers say could have far-reaching consequences for the world's crop production and natural ecosystems.

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TSMC's third-quarter net profit falls 7.1 percent, beats estimates

TAIPEI (Reuters) - Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd on Thursday said net profit fell 7.1 percent in the three months through September, slightly better than analyst estimates.

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SAP third-quarter growth slows on cloud, licenses dip

FRANKFURT (Reuters) - SAP , Europe's most valuable technology company, reported that third-quarter revenue growth slowed after a strong first half and profits came up just short of analysts' expectations.

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Samsung Electronics shares fall 3 percent, easing from record-high on profit-taking

SEOUL (Reuters) - Shares of Samsung Electronics Co Ltd extended losses on Thursday, easing from a record-high reached on Tuesday due to profit-taking.

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China's Meituan Dianping raises $4 billion, valuing firm at $30 billion

BEIJING (Reuters) - China's largest on-demand internet services platform, Meituan Dianping, has raised $4 billion in a new funding round, valuing the firm at $30 billion, it said on Thursday.

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Toshiba investigated by Japan's securities watchdog: Nikkei

TOKYO (Reuters) - Japan's securities watchdog is investigating Toshiba Corp's accounting practices for the last business year to see if it properly handled the losses incurred by its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Thursday.

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Fed to step-up focus on payment security with study, working groups: Fed's Powell

WASHINGTON (Reuters) - The U.S. Federal Reserve is stepping-up its focus on payment security as the industry reaches a "critical juncture" driven by new technologies, Federal Reserve board governor Jerome Powell said on Wednesday.

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Amazon Web Services resolves connectivity issues in Oregon region

(Reuters) - Amazon.com Inc's web services unit said on Wednesday that it resolved connectivity issues that affected its Direct Connect customers in the Oregon region in the United States.

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Adobe forecasts FY18 profit above estimates, shares surge

(Reuters) - Photoshop maker Adobe Systems Inc forecast better-than-expected revenue and profit for fiscal 2018 due to growth in its cloud business, sending its shares up 8 percent in extended trading.

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Adobe forecasts fiscal 2018 revenue, profit above expectations

(Reuters) - Photoshop maker Adobe Systems Inc forecast better-than-expected revenue and profit for fiscal 2018 on growth in its cloud business, sending its shares up 5 percent in extended trading.

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BRIEF-AEP Ohio requests proposals for solar energy resources

* Says ‍AEP Ohio is seeking proposals for up to 400 megawatts of solar energy resources; proposals are due Dec. 18 Source text for Eikon: Further company coverage:

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Tech firms improve cooperation on extremism but more needed, U.S. security chief says

LONDON (Reuters) - Technology firms have improved cooperation with the authorities in tackling online militant material but still must act quicker to remove propaganda fuelling a rise in homegrown extremism, acting U.S. Homeland Security Secretary Elaine Duke said on Wednesday.

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Some children's GPS watches have security flaws: EU consumer group

BRUSSELS (Reuters) - Some smartwatches for children sold in Europe pose security risks, including potentially allowing hackers to take control of and track a watch, the EU's main consumer lobby said on Wednesday, following a new report by one of its members.

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Twitter looks to toughen rules on online harassment, abuse

(Reuters) - Twitter Inc plans to toughen its rules on online sexual harassment and impose stronger penalties for misconduct, according to an email it sent to a group of safety advocates, academics and researchers that helps the social media service set its policies.

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Cryptocurrency hedge funds top 100 for first time

LONDON (Reuters) - Hedge funds that trade cryptocurrencies reached over 100 for the first time, according to new data from fintech research house Autonomous NEXT, of which more than three-quarters launched in 2017.

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Chinese fintech firm Qudian impresses in U.S. market debut

(Reuters) - Shares of Qudian Inc rose as much as 48 percent in their market debut on Wednesday, valuing the online micro-credit firm at about $11.67 billion in the biggest U.S. listing by a Chinese company this year.

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IBM shares head for biggest gain in eight years

(Reuters) - Shares in International Business Machines Inc surged 9 percent on Wednesday after it beat expectations on revenue and gave an outlook that hinted one of the world's first big computing names was back on a growth track after six years in retreat.

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Judicial nominee invoked Nazi Germany in describing treatment of Christians in US

President Donald Trump's nominee for a federal judgeship in Texas invoked religious crackdowns by the Nazis in Germany and other totalitarian regimes to describe the treatment of Christians in the US during three interviews in 2013 and 2014.

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Twitter toughens guidelines on harassment: report

(Reuters) - Twitter has toughened its stance on online sexual harassment and abuse, laying out stronger penalties for misconduct on the social media platform in an email to its Trust and Safety Council published by Wired late on Tuesday.

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Apple and GE team up on software to track power plants, machinery

(Reuters) - Apple Inc and General Electric Co say they are working together to make it easier to write software that can track power plants and jet engines on Apple's iPhones and iPads.

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Big Blue back on the attack, analysts cautious

(Reuters) - IBM shares surged 5 percent on Wednesday after the world's first big computing company beat expectations on third-quarter revenue and gave an outlook that hinted it was back on a growth track after six years in retreat.

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BRIEF-Vanda Pharmaceuticals reached a pricing agreement with the German National Association of Statutory Health Insurance Funds

* Vanda Pharmaceuticals - On Oct 17, co reached a pricing agreement with the German National Association of Statutory Health Insurance Funds

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EU-U.S. data transfer pact passes first annual review

BRUSSELS (Reuters) - A year-old pact underpinning billions of dollars of transatlantic data transfers won a green light from the European Union on Wednesday after a first review to ensure Washington protects Europeans' data stored on U.S. servers.

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Online groceries are a hard sell, even to avid internet shoppers: poll

LOS ANGELES/NEW YORK (Reuters) - Most U.S. shoppers are fiercely loyal to local food stores, calling them better than online options, according to a new Reuters/Ipsos poll that raises questions about how much Amazon.com's $13.7 billion purchase of Whole Foods will shake up the supermarket business.

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Eli Lilly to collaborate with Germany's CureVac on cancer vaccines

Oct 18 (Reuters) - U.S. drugmaker Eli Lilly and Co said on Wednesday it will collaborate with CureVac AG on development of up to five immunotherapy cancer vaccines using the German company's messenger RNA (mRNA) technology.

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Weakened Merkel warns of compromise as talks on coalition start

BERLIN (Reuters) - A chastened Angela Merkel warned her conservatives they must compromise to forge a nationally untested alliance in Germany as she heads into talks with other parties on Wednesday after suffering losses in last month's election.

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China's electric car output to hit one million next year: BAIC chairman

BEIJING (Reuters) - China's electric vehicle (EV) production could touch 1 million units next year and 3 million units by 2020, said Xu Heyi, chairman of carmaker BAIC Group, on Wednesday, likely exceeding a government set target.

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Swiss man stands trial in Germany on spying charges

FRANKFURT (Reuters) - A Swiss man accused of spying on a German tax authority to find out how it obtained details of secret Swiss bank accounts set up by Germans to avoid tax is due in court on Wednesday for the start of his trial on espionage charges.

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Verizon to pay $17.7 million to resolve school broadband probe

WASHINGTON (Reuters) - Verizon Communications Inc said on Tuesday it will pay $17.7 million to resolve a probe by U.S. regulators and the Justice Department into potential payment violations related to a federal school broadband program.

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GM's Ammann says company moving 'really quickly' on autonomous cars

Laguna Beach, Calif. (Reuters) - After a series of acquisitions, General Motors Co has the building blocks it needs to deploy a large-scale fleet of robot cars, the automaker's president said on Tuesday.

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Bank of Canada, TMX to test blockchain for securities settlement

TORONTO (Reuters) - Canada's central bank, Toronto Stock Exchange operator TMX Group Ltd and Payments Canada said on Tuesday they will collaborate to test the use of blockchain technology for automating the securities settlement process.

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Alphabet to develop high-tech waterfront site in Toronto

TORONTO (Reuters) - Canadian authorities on Tuesday tapped Google parent Alphabet Inc to help plan a mixed-use development along Toronto's Lake Ontario waterfront using cutting-edge digital technologies and urban design.

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Transenterix won't compete head-on with Intuitive Surgical: CEO

(Reuters) - Transenterix Inc's chief executive played down on Tuesday the threat posed by his company's surgical robotic system to market leader Intuitive Surgical Inc, saying he did not expect the two to compete head on.

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Alphabet to develop high-tech site in Toronto: sources

OTTAWA/TORONTO (Reuters) - Alphabet Inc, the owner of Google, will announce plans to help develop a section of Toronto's waterfront on Tuesday, in the biggest project disclosed so far by its Sidewalk Labs unit that is using new technologies to develop high-tech urban areas.

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Op-Ed Columnist: Daydreaming in Germany

A violent storm erupts in a world “on the cusp of avoidable disaster.”

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Airbnb Africa arrivals more than double to 1.2 million

JOHANNESBURG (Reuters) - U.S. short-term rental service Airbnb Inc registered 1.2 million guest arrivals in Africa last year driven by the plugged-in millennial generation, its senior official said on Tuesday.

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GM to test self-driving cars in N.Y. in early 2018: Gov. Cuomo

(Reuters) - General Motors Co plans to test vehicles in fully autonomous mode in New York state in early 2018, according to New York Governor Andrew Cuomo.

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Synchronoss to sell cloud software unit to Siris in $1 billion deal

(Reuters) - Software maker Synchronoss Technologies Inc said private equity firm Siris Capital Partners would buy its Intralinks Holding unit in a deal worth about $1 billion, higher than it previous offer.

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Synchronoss to sell unit to Siris Capital for $1 billion

(Reuters) - Software maker Synchronoss Technologies Inc said private equity firm Siris Capital Partners would buy its Intralinks Holding unit in a deal worth about $1 billion.

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Uber loses another senior figure as European policy chief quits

LONDON (Reuters) - Uber's European policy chief Christopher Burghardt is quitting to join the electric vehicle charging network company Chargepoint, the companies said on Tuesday, becoming latest senior figure to leave the taxi app.

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U.S. online retail sales likely to surpass $1 trillion by 2027: FTI

CHICAGO (Reuters) - U.S. online retail sales will surpass $1 trillion by 2027 compared with $445 billion this year, according to a forecast by business advisory firm FTI Consulting Inc, as more Americans move away from brick-and-mortar stores.

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Uber loses another senior figure as European policy chief quits: FT

LONDON (Reuters) - Uber's European policy chief Christopher Burghardt has quit to join the electric vehicle charging network company Chargepoint, the latest senior figure to leave the taxi app, the Financial Times reported on Tuesday.

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Google launches advanced Gmail security features for high-risk users

(Reuters) - Alphabet's Google Inc said on Tuesday that it would roll out an advanced protection program in order to provide stronger security for some users such as government officials and journalists who are at a higher risk of being targeted by hackers.

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Mexico tech industry benefits from U.S. anti-immigration stance

SAN FRANCISCO/MEXICO CITY (Reuters) - Amazon, Facebook and other U.S. tech companies are expanding operations south of the border as Mexico works to capitalize on the Trump administration’s anti-immigration stance.

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PayPal rolls out Venmo payments to its U.S. retailers

NEW YORK (Reuters) - PayPal Holdings Inc said more than two million U.S. retailers will be able to accept payments through its mobile app Venmo starting this week, seeking to broaden its reach with a brand that has been a hit with young people.

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Japan's Kansai Electric to scrap two aging nuke reactors: media

TOKYO (Reuters) - Japanese utility Kansai Electric Power Co is likely to decommission two aging reactors at Ohi nuclear plant because of the high costs meeting new safety standards set after the Fukushima disaster, the Nikkei business daily said on Tuesday.

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BRIEF-‍PG&E nears electric restoration completion

* ‍PG&E nears electric restoration completion; gas restoration more than 60 percent complete in communities impacted by northern california wildfires​

cnn.com

Sachs: A modest proposal on guns

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Facebook buys teen app tbh

(Reuters) - Facebook Inc has acquired tbh, an app popular among teens, as the world's largest social network looks to attract more users.

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Battery startup taps carbon in race to replace lithium-ion cells

DETROIT (Reuters) - In an auto industry race to develop electric vehicle batteries that charge faster and are cheaper and safer than lithium-ion cells, startup Zap&Go will do all that with its carbon-ion alternative 'within a few years', a company executive said.

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North Korea likely behind Taiwan SWIFT cyber heist: BAE

TORONTO (Reuters) - Cyber-security firm BAE Systems Plc said on Monday it believes the North Korean Lazarus hacking group is likely responsible for a recent cyber heist in Taiwan, the latest in a string of hacks targeting the global SWIFT messaging system.

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Android co-creator's startup sued over connector technology

(Reuters) - Two of the best-known names in the smartphone hardware business are squaring off in court over new technology that allows phones to connect to devices like cameras without wires or metal connectors.

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Bain Capital, Andreessen Horowitz confirm investment in new crypto-currency

NEW YORK (Reuters) - Bain Capital Ventures and Andreessen Horowitz have participated in the pre-sale of a new crypto-currency called basecoin, the companies have confirmed.

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BRIEF-Hull Street Energy agrees to buy hydroelectric plants from Eversource

* Hull Street Energy announces agreement to acquire nine hydroelectric plants in New Hampshire from Eversource

technologyNews reuters.com

Adobe warns that hackers are exploiting its Flash software

TORONTO (Reuters) - Adobe Systems Inc warned on Monday that hackers are exploiting vulnerabilities in its Flash multimedia software platform in web browsers, and the company urged users to quickly patch their systems to prevent such attacks.

companyNews reuters.com

BRIEF-Dominion Energy Virginia seeks solar and onshore wind generation proposals

* Dominion Energy Virginia seeking solar and onshore wind generation proposals

politicsNews reuters.com

Trump says working on welfare reform proposals

WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday he is weighing recommendations for welfare reform as his government looks for ways to cut costs.

technologyNews reuters.com

U.S. Supreme Court to decide major Microsoft email privacy fight

WASHINGTON (Reuters) - The U.S. Supreme Court on Monday agreed to resolve a major privacy dispute between the Justice Department and Microsoft Corp over whether prosecutors should get access to emails stored on company servers overseas.

technologyNews reuters.com

Researchers uncover flaw that makes Wi-Fi vulnerable to hacks

(Reuters) - Belgian researchers have discovered a flaw in a widely used system for securing Wi-Fi communications that could allow hackers to read information that was previously understood to be encrypted, or infect websites with malware, they said on Monday.

technologyNews reuters.com

Huawei aims to challenge Apple and Samsung on technology as well as price

LONDON/HONG KONG (Reuters) - China's Huawei [HWT.UL] has unveiled a new line of smartphones that match or even improve on key features offered by Apple or Samsung while undercutting their rivals on price.

technologyNews reuters.com

JPMorgan launches payments network using blockchain technology

(Reuters) - JPMorgan Chase & Co said on Monday it launched a new payment processing network that uses blockchain technology, in partnership with Royal Bank of Canada and Australia and New Zealand Banking Group.

worldNews reuters.com

Merkel: State defeat has not weakened conservatives before coalition talks

BERLIN (Reuters) - German Chancellor Angela Merkel said on Monday the poor showing of her Christian Democrats (CDU) in a regional poll on Sunday had not weakened her conservative bloc's position ahead of three-way federal coalition talks due to start later this week.

technologyNews reuters.com

Kazakhtelecom may be first key state company to list abroad in 2018

HONG KONG (Reuters) - Kazakhstan's largest telecom operator may be the first of three big state-run companies to list abroad in 2018, an executive at the Kazakh sovereign wealth fund said on Monday, as the country looks to attract billions of dollars in its privatization drive.

companyNews reuters.com

BRIEF-RENESOLA GENERATES 29 MLN KW HOURS OF ELECTRICITY FROM SOLAR PROJECTS IN CHINA IN Q3

* RENESOLA LTD - ‍DISTRIBUTED GENERATION (DG) SOLAR PROJECTS IN CHINA GENERATED APPROXIMATELY 29 MILLION KILOWATT HOURS OF ELECTRICITY IN Q3 OF 2017​

technologyNews reuters.com

German ambassador warns that internet controls could harm companies, isolate China

BEIJING (Reuters) - China's internet restrictions have struck a "new blow" against foreign companies working there, Germany's ambassador said on Monday, warning that such moves could undermine Beijing's political and commercial ties with the world.

technologyNews reuters.com

Investment firm Investor AB overtakes Cevian as top Ericsson owner

STOCKHOLM (Reuters) - Sweden's Investor AB has regained the position as the biggest shareholder in mobile telecom gear maker Ericsson during the third quarter, overtaking Cevian Capital, the investment firm said on Monday.

technologyNews reuters.com

Italy's undersecretary not aware of talks with Telecom Italia over network spin-off

PRATO, Italy - (Reuters) - The Italian government is not currently talking to Telecom Italia about the idea of spinning off the group's fixed-line network, a junior minister said on Monday.

technologyNews reuters.com

Baidu's iQiyi picks BofA, Credit Suisse, Goldman for U.S. IPO: IFR

HONG KONG (Reuters) - Baidu Inc's iQiyi, a Netflix style video streaming service in China, has picked three banks to help arrange a U.S. initial public offering (IPO) worth about $1 billion, IFR reported on Monday, citing people familiar with the plans.

companyNews reuters.com

Spain-Germany bond yield spread widens as Catalonia deadline nears

LONDON, Oct 16 (Reuters) - The gap between Spanish and German 10-year borrowing costs widened in early trade on Monday as uncertainty mounted over Catalonia's bid for independence ahead of a key deadline.

topNews reuters.com

Germany's Merkel suffers state vote setback as coalition talks loom

BERLIN/HANOVER (Reuters) - Germany's Social Democrats (SPD) defeated Angela Merkel's conservatives in a vote in the northern state of Lower Saxony on Sunday, a setback for the chancellor as she prepares for tricky coalition talks at the national level this week.

cnn.com

Poll: 31-year-old conservative to become Austrian chancellor

Sebastian Kurz, a 31-year-old conservative, is set to become the next chancellor of Austria and Europe's youngest leader, though his party appears to have failed to win an outright majority, an exit poll predicts.

topNews reuters.com

Merkel in state vote setback as national coalition talks loom

BERLIN (Reuters) - Germany's Social Democrats (SPD) defeated Angela Merkel's conservatives in a vote in the northern state of Lower Saxony on Sunday in a setback to the chancellor as she prepares for tricky three-way coalition talks at the national level this week.

companyNews reuters.com

RPT-Germany's Social Democrats beat Merkel's conservatives in state vote

BERLIN, Oct 15 (Reuters) - Germany's Social Democrats (SPD) beat Angela Merkel's conservatives in a vote in the northern state of Lower Saxony on Sunday in a setback to the chancellor as she prepares for tricky three-way coalition talks at the national level this week.

companyNews reuters.com

Germany's Social Democrats beat Merkel's conservatives in state vote

BERLIN, Oct 15 (Reuters) - Germany's Social Democrats (SPD) beat Angela Merkel's conservatives in a vote in the northern state of Lower Saxony on Sunday in a setback to the chancellor as she prepares for tricky three-way coalition talks at the national level this week.

worldNews reuters.com

Britain, Germany committed to Iran nuclear deal: May's office

LONDON (Reuters) - Britain and Germany agreed on Sunday they remained committed to the nuclear deal with Iran after a U.S. decision to decertify the agreement, a spokeswoman said after a call between Prime Minister Theresa May and German Chancellor Angela Merkel.

worldNews reuters.com

State vote unlikely to give Merkel boost in German coalition talks

BERLIN (Reuters) - The north German state of Lower Saxony holds an election on Sunday that looks likely to hand the Social Democrats (SPD) a narrow victory, and deprive Chancellor Angela Merkel's conservatives of a boost in looming national coalition talks.

topNews reuters.com

Danger of war, Germany warns after Trump's move on Iran nuclear deal

BERLIN (Reuters) - If the United States terminates the Iran nuclear deal or reimposes sanctions on Tehran it could result in Iran developing nuclear weapons and raise the danger of war close to Europe, Germany's foreign minister said on Saturday.

topNews reuters.com

German minister upsets fellow conservatives over Muslim holidays

BERLIN (Reuters) - German Interior Minister Thomas de Maiziere has upset fellow members of Chancellor Angela Merkel's conservative bloc by proposing that Germany introduce Muslim public holidays.

worldNews reuters.com

German minister upsets fellow conservatives by proposing Muslim holidays

BERLIN (Reuters) - German Interior Minister Thomas de Maiziere has upset fellow members of Chancellor Angela Merkel's conservative bloc by proposing that Germany introduce Muslim public holidays.

worldNews reuters.com

Germany's FDP does not expect coalition to form before Christmas

BERLIN (Reuters) - A senior member of the pro-business Free Democrat (FDP) party that is likely to be a partner in Chancellor Angela Merkel's new government said in a magazine interview he did not expect the coalition to form before the end of the year.

worldNews reuters.com

Despite deaths, German military eyes recruitment bump from new reality show

BERLIN (Reuters) - The German military, buoyed by 45 million views of its previous social media reality show "The Recruits", is to launch a new show on Monday that shows the lives of eight soldiers serving in U.N. peacekeeping mission in Mali.

technologyNews reuters.com

Princeton graduates' crypto-currency wins backing of big U.S. investors

NEW YORK (Reuters) - U.S. investors including Digital Currency Group have taken part in a pre-sale of basecoin, a crypto-currency to be created by three Princeton University computer science graduates, Intangible Labs CEO and co-founder Nader Al-Naji said.

companyNews reuters.com

BRIEF-Pacific Gas and Electric says liability associated with Northern California wildfires unknown

* Unknown whether Pacific Gas and Electric Company would have any liability associated with Northern California​ wildfires

technologyNews reuters.com

Russia's MTS bets on 'fancy' fintech to capture clients

LONDON (Reuters) - Russia's largest telecoms operator MTS is betting on financial services as one way to stop its customers from hanging up in a highly-competitive market.

companyNews reuters.com

BRIEF-Cummins announces proposal to implement unilateral shareholder by-law amendment power

* Cummins announces proposal to implement unilateral shareholder by-law amendment power

companyNews reuters.com

UPDATE 2-U.S. unveils NAFTA autos content proposal, fate of talks unclear

WASHINGTON, Oct 13 (Reuters) - The United States on Friday unveiled hotly contested proposals for higher regional autos content in the North American Free Trade Agreement, three sources said, casting further doubt on the chances of reaching a deal to modernize the pact.

technologyNews reuters.com

Female ride-hailing apps grow in Brazil on safety concerns

SAO PAULO (Reuters) - Ride-hailing startups that cater solely to women are catching on in Brazil, reflecting safety concerns in one of the biggest markets for Uber Technologies Inc and other incumbents, which have invested heavily in security features.

companyNews reuters.com

UPDATE 1-U.S. unveils proposal to boost autos content in NAFTA -sources

WASHINGTON, Oct 13 (Reuters) - The United States on Friday formally unveiled proposals to boost the amount of regional content that autos must contain to qualify for NAFTA tariff-free access, three sources familiar with the negotiations told Reuters on Friday.

companyNews reuters.com

U.S. unveils proposal to boost autos content in NAFTA -sources

WASHINGTON, Oct 13 (Reuters) - The United States on Friday formally unveiled proposals to boost the amount of regional content that autos must contain to qualify for NAFTA tariff-free access, three sources familiar with the negotiations told Reuters on Friday.

environmentNews reuters.com

German renewable support fee seen easing around 1.2 percent in 2018: sources

FRANKFURT (Reuters) - A surcharge levied on German consumers to support renewable power will be reduced by around 1.2 percent next year, industry sources said on Friday.

technologyNews reuters.com

Amazon steps up UK expansion drive with new distribution center

LONDON (Reuters) - Amazon said on Friday it would open a new distribution center in Bolton, northwest England, in 2018, stepping up its expansion drive in its third-largest market outside North America.

technologyNews reuters.com

Italy likely to discuss use of 'golden power' over Telecom Italia on Monday: government source

ROME (Reuters) - Italy's Cabinet is likely to discuss on Monday the use of its so-called "golden power" that allows it to intervene to protect strategic companies, a government source said on Friday, amid concern over ownership of Telecom Italia.

technologyNews reuters.com

Uber embarks on legal battle to retain London license

LONDON (Reuters) - Uber [UBER.UL] lodged a court appeal on Friday to overturn a decision by London's transport regulator that stripped the taxi app of its operating license in its most important European market, the first stop on what is set to be a long legal road.

worldNews reuters.com

Germany, France, Austria say internal EU border checks still needed

LUXEMBOURG (Reuters) - The European Union's free-travel zone still needs the temporary border controls set up by some countries in recent years, ministers from Germany, France and Austria said on Friday, citing the continued terrorist threat.

technologyNews reuters.com

Uber appeals against loss of London license

LONDON (Reuters) - Uber [UBER.UL] submitted a court appeal on Friday to overturn a decision by London's transport regulator that stripped the taxi app of its operating license in one of its most important markets.

technologyNews reuters.com

Behind bars, Samsung scion Lee sees his wealth top $2 billion

SEOUL (Reuters) - Jay Y. Lee, the billionaire heir to South Korea's Samsung Group, should find some comfort that its crown jewel Samsung Electronics Co Ltd has reported record profit every quarter since he was jailed in February, making him even richer.

technologyNews reuters.com

Toshiba discussing joint investment in chips with Western Digital

YOKKAICHI, Japan (Reuters) - Toshiba Corp said it is discussing joint investment in a new chip production line with Western Digital Corp - its estranged business partner after the Japanese firm chose a different suitor to buy its $18 billion semiconductor business.

technologyNews reuters.com

Wireless upgrade would give Yellowstone a black eye: environmentalists

PINEDALE, Wyoming (Reuters) - A U.S. government proposal to improve cellphone service at Yellowstone National Park, including the installation of microwave dish antennas, will mar views at one of the park's most scenic spots, Mt. Washburn, an environmental group said on Thursday.

technologyNews reuters.com

Samsung Electronics on track for record third quarter as chips soar

SEOUL (Reuters) - Samsung Electronics Co Ltd said on Friday its third-quarter operating profit likely nearly tripled from a year earlier to a new record, beating analyst estimates, as strong memory chip prices fattened margins.

technologyNews reuters.com

Equifax says systems not compromised in latest cyber scare

NEW YORK (Reuters) - Equifax Inc said on Thursday that one of its third-party vendors had been running malicious code on one its web pages, but that the credit reporting agency was not the subject of another cyber attack and its systems were not compromised.

worldNews reuters.com

Former leader of Germany's far-right kicks off new 'Blue Party'

BERLIN (Reuters) - Frauke Petry, the former co-leader of the far right Alternative for Germany (AfD), will unveil her new "Blue Party" on Friday, promising a "reasonable conservative" agenda that would appeal to a broad base of Germans, she told a newspaper group.

technologyNews reuters.com

Hyatt Hotels discovers card data breach at 41 properties

(Reuters) - Hyatt Hotels Corp said on Thursday it had discovered unauthorized access to payment card information at certain Hyatt-managed locations worldwide between March 18, 2017 and July 2, 2017.

technologyNews reuters.com

Startup Magic Leap seeks $1 billion funding, working on debut product

SAN FRANCISCO (Reuters) - Magic Leap, a highly funded and secretive startup that has promised breakthrough augmented reality technology, is seeking to raise up to $1 billion in fresh funding from investors, according to a new corporate filing.

Electric and Hybrid Vehicles nytimes.com

Wheels: An Electric Car and a Rugged Throwback: The Dreams of 2 Rich Britons

James Dyson is looking to the future, and Jim Ratcliffe to the past. But to make their cars a reality, they must overcome the auto industry’s high barriers to entry.

topNews reuters.com

Trump's Iran plans driving EU toward Russia and China: Germany

BERLIN (Reuters) - U.S. President Donald Trump's expected move to "de-certify" the international nuclear deal with Iran is driving a wedge between Europe and the United States and bringing Europeans closer to Russia and China, Germany said on Thursday.

technologyNews reuters.com

Equifax takes down web page after report of new hack

NEW YORK (Reuters) - Equifax Inc said on Thursday it has taken one of its customer help website pages offline as its security team looks into reports of another potential cyber breach at the credit reporting company, which recently disclosed a hack that compromised the sensitive information of more than 145 million people.

technologyNews reuters.com

Equifax takes down web page after reports of new hack

NEW YORK (Reuters) - Equifax Inc said on Thursday it has taken one of its customer help web pages offline as its security team looks into reports of another potential cyber breach at the credit reporting company, which recently disclosed a hack that compromised the sensitive information of 145.5 million people.

technologyNews reuters.com

BlackBerry details patent deal with Android maker BLU

TORONTO/NEW YORK (Reuters) - BlackBerry Ltd said a licensing deal it signed with low-end Android handset maker BLU Products Inc will bring it recurring revenue, ending a legal dispute over patents that rival Google has asked the U.S. government to revoke.

companyNews reuters.com

German govt says not under time pressure to sell Commerzbank stake

BERLIN, Oct 12 (Reuters) - The German Finance Ministry said on Thursday that it was not under time pressure to sell its stake in Commerzbank.

technologyNews reuters.com

Bitcoin rockets above $5,000 to all-time high

LONDON (Reuters) - Bitcoin smashed through the $5,000 barrier for the first time on Thursday, jumping as much as 8 percent on the day as investors shrugged off the latest warnings on the risks of buying into the booming cryptocurrency market.

technologyNews reuters.com

LG to open Europe's biggest car battery factory next year

WARSAW (Reuters) - South Korea's LG Chem will open Europe's largest lithium-ion battery factory in Poland next year as the region's auto industry gears up to mass produce electric cars.

companyNews reuters.com

BRIEF-MVC Capital ‍​Board recommends shareholders vote against adoption of Metage Capital’s proposal

* Mvc Capital Inc says its ‍​Board "unanimously recommends that shareholders vote against adoption of Metage Capital’s proposal to cease all new investments"

technologyNews reuters.com

Deutsche Telekom premiers Europe's first 5G antennas

BERLIN (Reuters) - Deutsche Telekom tested Europe's first ultra high speed 5G antennas in a real world setting on Thursday, a milestone in the race to provide the fast response times needed for virtual reality and autonomous driving.

technologyNews reuters.com

Irish court gives $1 billion Apple data center green light

DUBLIN (Reuters) - Apple may proceed to build a 850 million euro ($1 billion) data center in Ireland, the High Court ruled on Thursday, bringing relief for the government after a two-year planning delay which it feared could hurt its reputation with investors.

companyNews reuters.com

Norway seeks to trim lavish electric car subsidies

OSLO, Oct 12 (Reuters) - Norway plans to trim lavish tax breaks for Tesla and other electric cars that have given it the world's highest rate of battery-vehicle ownership, the right-wing government proposed on Thursday.

technologyNews reuters.com

BlackBerry signs license deal with Florida's BLU, ends patent dispute

(Reuters) - BlackBerry Ltd said on Thursday it signed a new license agreement with BLU Products Inc, a Florida-based maker of low-end Android phones, that would end patent disputes between the two companies.

technologyNews reuters.com

Apple's $1 billion data center gets Irish High Court green light

DUBLIN (Reuters) - Ireland's High Court on Thursday ruled that a 850 million euro ($1 billion) data center planned by Apple in the west of Ireland may proceed, dismissing an environmental challenge made by three people.

technologyNews reuters.com

Insurers to work with tech firms on risks from drones, driverless cars

LONDON (Reuters) - The World Economic Forum is bringing insurers, tech firms and governments together to find ways to tackle risks from new technology such as drones and driverless cars, it said on Thursday.

worldNews reuters.com

As tricky coalition talks loom, Merkel hopes for regional poll boost

BERLIN (Reuters) - Chastened by their worst result since 1949 in September's national election, Chancellor Angela Merkel's conservatives are hoping for victory in a regional vote on Sunday to strengthen their hand in thorny three-way coalition talks in Berlin.

environmentNews reuters.com

Paris plans to banish all but electric cars by 2030

PARIS (Reuters) - Paris authorities plan to banish all petrol- and diesel-fueled cars from the world's most visited city by 2030, Paris City Hall said on Thursday.

companyNews reuters.com

UPDATE 1-Paris plans to banish all but electric cars by 2030

* Goal is to fight smog in host city of 2024 Olympics (Updates)

technologyNews reuters.com

Deutsche Telekom demonstrates first 5G antennas in Berlin

BERLIN (Reuters) - Deutsche Telekom debuted its first ultra high-speed next generation mobile antennas on Thursday, which Europe’s biggest telecoms provider said showed it was ready for a global launch of the technology by 2020.

technologyNews reuters.com

Bitcoin trades above $5,000 for first time ever

LONDON (Reuters) - Bitcoin smashed through the $5,000 barrier for the first time ever on Thursday, jumping as much as 7 percent to chalk up its biggest daily rise in over two weeks.

technologyNews reuters.com

Brazil's Oi proposes 25 percent limit to debt-for-equity swap

BRASILIA/RIO DE JANEIRO (Reuters) - Brazilian phone carrier Oi SA submitted a plan on Wednesday to restructure its 65.4 billion-real ($21 billion) debt burden with a proposal to limit the debt-for-equity swap demanded by creditors to 25 percent of capital.

technologyNews reuters.com

Joint Strike Fighter plans stolen in Australia cyber attack

SYDNEY (Reuters) - A hacker stole non-classified information about Australia's Joint Strike Fighter program and other military hardware last year after breaching the network of a defense contractor, the defense industry minister said on Thursday.

technologyNews reuters.com

Facebook to sell portable headset for virtual reality

SAN JOSE, Calif. (Reuters) - Facebook Inc is launching a new virtual reality headset that does not require a separate computer to operate, allowing more mobile uses than the company's existing Oculus Rift product, Chief Executive Mark Zuckerberg said on Wednesday.

technologyNews reuters.com

Brazil's Oi submits restructuring proposal to court

BRASILIA/RIO DE JANEIRO (Reuters) - Brazilian phone carrier Oi SA on Wednesday submitted a plan to cut its 65.4 billion-real ($21 billion) debt burden to a commercial court.

companyNews reuters.com

UPDATE 1-Brazil's Oi submits restructuring proposal to court

BRASILIA/RIO DE JANEIRO, Oct 11 (Reuters) - Brazilian phone carrier Oi SA on Wednesday submitted a plan to cut its 65.4 billion-real ($21 billion) debt burden to a commercial court.

companyNews reuters.com

Brazil's Oi delivers restructuring proposal to court

BRASILIA/RIO DE JANEIRO, Oct 11 (Reuters) - Brazilian phone carrier Oi SA on Wednesday submitted a plan to cut its 65.4 billion-real ($21 billion) debt burden to a commercial court.

technologyNews reuters.com

California seeks to ease rules on self-driving cars

WASHINGTON (Reuters) - California regulators on Wednesday unveiled revised rules that would allow self-driving cars to travel the state's highways without human drivers for the first time as early as next year, a move that won the support of automakers.

technologyNews reuters.com

Google to co-host Wilbur Ross talk with news site Newsmax

WASHINGTON (Reuters) - Alphabet Inc's Google unit will co-host an event with conservative media firm Newsmax on Thursday with U.S. Commerce Secretary Wilbur Ross.

technologyNews reuters.com

Taiwan fines Qualcomm $774 million for antitrust violations

HONG KONG (Reuters) - Qualcomm Inc faces an antitrust fine in Taiwan, the latest in a years-long streak of regulatory setbacks to its business model that comes as it also fights U.S. regulators and iPhone maker Apple Inc in court over many of the same legal issues.

worldNews reuters.com

Turkish court remands German journalist in custody over terrorism charges

ANKARA (Reuters) - A German journalist went on trial for terrorism charges in Turkey on Wednesday, saying she was innocent and demanding her immediate release, in a case that has damaged already sour relations with Berlin.

worldNews reuters.com

Germany registers fewer asylum seekers, on track for annual cap

BERLIN (Reuters) - The number of asylum seekers registered in Germany fell in September and the annual total of new arrivals is unlikely to soar above the cap agreed by Chancellor Angela Merkel and her Bavarian allies last weekend, data showed on Wednesday.

technologyNews reuters.com

California unveils revised rules on self-driving testing

WASHINGTON (Reuters) - California regulators on Wednesday unveiled revised rules on self-driving car testing after automakers and technology companies raised concerns.

technologyNews reuters.com

Japan's MUFG to automate operations to free bankers for wealthy clients

TOKYO (Reuters) - Japan's Mitsubishi UFJ Financial Group Inc (MUFG) plans to automate 30 percent of operations at its core banking unit by 2024, using software robots and artificial intelligence for paperwork that would otherwise take 9,500 employees to process.

technologyNews reuters.com

BMW eyes possible electric vehicle joint venture in China: sources

SHANGHAI/BEIJING (Reuters) - German luxury automaker BMW is looking to form a joint venture with Great Wall Motor in China, which could focus on electric vehicles, according to two sources familiar with the matter on Wednesday.

businessNews reuters.com

VW to develop electric trucks in $1.7 billion technology drive

HAMBURG (Reuters) - Volkswagen AG will invest 1.4 billion euros ($1.7 billion) in new technologies including electric trucks and buses by 2022, VW's trucks chief Andreas Renschler said.