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Exclusive: China's CNPC weighs taking over Iran project if Total leaves - sources

BEIJING/LONDON (Reuters) - China's top oil and gas company CNPC is considering taking over Total's stake in a giant Iranian gas project if the French company leaves Iran to comply with any new U.S. sanctions, industry sources said.

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CORRECTED-METALS-Copper, aluminium top Shanghai gainers on China data

SYDNEY, Dec 15 (Reuters) - Copper and aluminium led gainers in Shanghai base metals futures on Friday, helped by overnight increases in the London market on the back of upbeat China manufacturing data.

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Daily Mail owner to liquidate U.S. business Xceligent​

LONDON, Dec 15 (Reuters) - Daily Mail and General Trust (DMGT), publisher of Britain's Daily Mail newspaper, has handed Xceligent, its struggling United States property information business, over to liquidators, it said on Friday.

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BT and Sky strike deal to carry each other's channels

LONDON (Reuters) - Britain's leading pay-TV companies Sky and BT have agreed to supply their most popular channels to each other's platforms in a thawing of a once difficult relationship.

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Uber Eats to offer couriers insurance in Europe

BRUSSELS (Reuters) - Uber's [UBER.UL] food-delivery business will begin offering an insurance package to its couriers in Europe, a move to address the conditions of "gig economy" workers.

companyNews reuters.com

Sea change: LNG tankers divert to China as winter gas shortage bites

* China's LNG demand soars as households switch to gas for heating

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UPDATE 1-China regulators start antitrust review of Toshiba chip unit sale -report

* Formal anti-trust review process in China can take 180 days

technologyNews reuters.com

Indonesia's Go-Jek acquires three companies to boost payment services

JAKARTA (Reuters) - Indonesia's Go-Jek has acquired three financial technology businesses, as it expands from ride-hailing and other mobile on-demand offerings into payments and other services.

technologyNews reuters.com

Moves in South Korea to make cryptocurrency trading more transparent

SEOUL (Reuters) - A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world's busiest virtual currency exchange, Bitthumb.

technologyNews reuters.com

South Korea blockchain association announces virtual currency transparency measures

SEOUL (Reuters) - A South Korean blockchain association announced on Friday measures to boost transparency in trading of cryptocurrencies, agreed by 14 exchanges in the country including the world's busiest virtual currency exchange, Bitthumb.

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METALS-Copper, aluminium top Shanghai gainers on China data

SYDNEY, Dec 15 (Reuters) - Copper and aluminium led gainers in Shanghai base metals futures on Friday, helped by overnight increases in the London market on the back of upbeat China manufacturing data.

technologyNews reuters.com

Prosecutors say Long Island woman tried to use bitcoin to aid Islamic State

(Reuters) - A suburban New York hospital technician accused of using bitcoin and other cryptocurrencies to launder money meant for the militant group Islamic State was arrested on charges of money laundering in support of a foreign terrorist organization and bank fraud, prosecutors said Thursday.

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Brazil's Petrobras receives $3 billion in China Development Bank loan

SAO PAULO, Dec 14 (Reuters) - Brazil's state-controlled oil company Petroleo Brasileiro SA on Thursday received $3 billion under a $5 billion loan from China Development Bank, the company said in a securities filing.

businessNews reuters.com

Ford to move autonomous vehicle business to Detroit

(Reuters) - Ford Motor Co said on Thursday it would relocate its autonomous and electric vehicle units to Detroit from Dearborn, Michigan.

technologyNews reuters.com

U.S. panel urges regulators to monitor financial innovation risks

WASHINGTON (Reuters) - A U.S. regulatory panel on Thursday called for watchdogs to closely monitor risks created by financial innovation, warning that "fintech" and virtual currencies such as bitcoin threaten to disrupt the traditional financial services industry.

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While focus is on North Korea, China continues South China Sea buildup: think tank

WASHINGTON (Reuters) - While attention in Asia has been distracted by the North Korean nuclear crisis in the past year, China has continued to install high-frequency radar and other facilities that can be used for military purposes on its man-made islands in the South China Sea, a U.S. think tank said on Thursday.

technologyNews reuters.com

Amazon to start selling Apple TV, Google Chromecast

(Reuters) - Amazon.com Inc will start selling Google Chromecast and Apple TV, which compete against its Fire TV, on its online store, an Amazon spokeswoman told Reuters on Thursday.

worldNews reuters.com

Mexico presidential front-runner taps finance minister choice

MEXICO CITY (Reuters) - The front-runner for Mexico's 2018 presidential election on Thursday said U.S.-trained economist Carlos Manuel Urzua was his choice for finance minister if he won the July election.

technologyNews reuters.com

U.S. regulators ditch net neutrality rules as legal battles loom

WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

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German court rules against foreign intelligence mass communication surveillance

BERLIN (Reuters) - Germany's foreign intelligence agency (BND) must not store the metadata - such as phone numbers - of international phone calls for the purpose of intelligence analysis, a court rules on Thursday.

technologyNews reuters.com

Federal Communications Commission repeals net neutrality rules

WASHINGTON (Reuters) - The U.S. Federal Communications Commission voted along party lines on Thursday to repeal landmark 2015 rules aimed at ensuring a free and open internet, setting up a court fight over a move that could recast the digital landscape.

technologyNews reuters.com

Hackers halt plant operations in watershed cyber attack

(Reuters) - Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators and the firm whose software was targeted.

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Protesters gather as U.S. regulators meet to end net neutrality

WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected on Thursday to rescind rules aimed at ensuring a free and open internet, as protesters gathered to oppose the change.

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Sberbank CFO says previous talks with Alibaba finished

LONDON (Reuters) - Russian lender Sberbank's talks with Chinese e-commerce giant Alibaba have finished in their current form, the bank's Chief Financial Officer Alexander Morozov said on Thursday.

politicsNews reuters.com

Pence delays Middle East trip in case needed for U.S. tax vote

WASHINGTON (Reuters) - U.S. Vice President Mike Pence will delay an upcoming Middle East trip by a few days in case a tie-breaking vote is needed from him for tax cut legislation in Congress, a senior White House official said on Thursday.

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Malaysia issues draft regulations for crypto currency businesses

KUALA LUMPUR (Reuters) - Malaysia's central bank on Thursday said it had issued draft regulations for digital currency businesses, but said that such currencies were still not legal tender in the country.

politicsNews reuters.com

Pence delays Middle East trip in case vote needed on tax legislation

WASHINGTON (Reuters) - Vice President Mike Pence will delay an upcoming Middle East trip by a couple of days in case a tie-breaking vote is needed from him for tax cut legislation in Congress, a senior White House official said on Thursday.

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Hackers shut down infrastructure safety system in attack: FireEye

(Reuters) - Hackers likely working for a nation-state recently penetrated the safety system of a critical infrastructure facility in an attack that caused operations to shut down, according to cyber security firm FireEye Inc, which said it investigated the incident.

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Google Brain co-founder teams with Foxconn to bring AI to factories

(Reuters) - Andrew Ng, co-founder of some of Alphabet Inc -owned Google's most prominent artificial intelligence projects, on Thursday launches a new venture with iPhone assembler Foxconn to bring AI and so-called machine learning onto the factory floor.

technologyNews reuters.com

Online shopping won't grow forever, says Unibail boss creating malls giant

SYDNEY/PARIS (Reuters) - Online shopping has its limits and physical stores will never go out of fashion, says the CEO of Unibail-Rodamco which is betting $16 billion on buying Westfield to create a global mall giant.

topNews reuters.com

China says war must not be allowed on Korean peninsula

BEIJING (Reuters) - War must not be allowed to break out on the Korean peninsula and the issue must be resolved through talks, Chinese President Xi Jinping said on Thursday, while U.N. Secretary-General Antonio Guterres warned of the danger of "sleepwalking" into conflict.

businessNews reuters.com

Disney to buy Fox film, some TV businesses for $52 billion

(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock as the world's largest entertainment company seeks even greater scale to combat growing digital rivals Netflix Inc and Amazon.com Inc.

technologyNews reuters.com

Denmark considers using cryptocurrencies for humanitarian aid

COPENHAGEN (Reuters) - Denmark sees potential for blockchain technology in humanitarian aid and said on Thursday it is considering becoming the first donor country to move money using cryptocurrencies.

Nuclear Tests nytimes.com

South Korea’s Leader, Meeting Xi Jinping, Seeks ‘New Start’ With China

President Moon Jae-in of South Korea was working to end an unofficial trade war over his country’s antimissile system.

companyNews reuters.com

BRIEF-Teva Announces Restructuring Plan And Measures To Improve Its Business And Financial Performance

* TEVA ANNOUNCES RESTRUCTURING PLAN AND ADDITIONAL MEASURES TO IMPROVE ITS BUSINESS AND FINANCIAL PERFORMANCE

companyNews reuters.com

METALS-Copper near two-week high, China data supports

* GRAPHIC-2017 asset returns: http://tmsnrt.rs/2jvdmXl (Recasts, updates prices, changes dateline, adds details/quote)

businessNews reuters.com

Disney to buy Fox film, TV businesses for $52 billion

(Reuters) - Walt Disney Co on Thursday agreed to buy film, TV and international assets from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion as Disney seeks greater scale to tackle growing competition from Netflix and Amazon.com.

technologyNews reuters.com

Gibraltar launches financial services license for blockchain

LONDON (Reuters) - Gibraltar's financial services watchdog will introduce the world's first bespoke license for "fintech" firms using blockchain distributed ledger technology from next month in a bid to attract start-ups to the British overseas territory as it prepares for Brexit.

technologyNews reuters.com

Tech firm raises $118 million in virtual coin offer to fund blockchain phone

TEL AVIV (Reuters) - Swiss-Israeli technology firm Sirin Labs said on Thursday it had raised $118 million in an initial coin offering (ICO) to support the development of an open source blockchain smartphone.

environmentNews reuters.com

ADB approves $506 mln loan to improve air quality in China

BEIJING (Reuters) - The Asian Development Bank [ADB.UL] (ADB) approved a third loan, worth 428 million euros ($506 million), to help improve air quality in China's smoggiest region of Beijing-Tianjin-Hebei, it said in a statement on Thursday.

technologyNews reuters.com

Federal Communications Commission set to reverse net neutrality rules

WASHINGTON (Reuters) - The U.S. Federal Communications Commission is expected on Thursday to rescind net neutrality rules championed by Democratic former President Barack Obama that barred the blocking or slowing of internet traffic.

companyNews reuters.com

UPDATE 2-South Korea's Moon tries K-Pop and TV stars in China charm offensive

* Charm offensive includes K-Pop and TV stars (Adds memorandum on trade agreement)

technologyNews reuters.com

Atos shares fall 2.8 percent after Gemalto rejects takeover bid

PARIS (Reuters) - Shares in Atos fell as much as 2.8 percent early on Thursday after Franco-Dutch chip maker Gemalto rejected its 4.3 billion euro ($5 billion) takeover bid.

worldNews reuters.com

China angered as U.S. considers navy visits to Taiwan

BEIJING/TAIPEI (Reuters) - China accused the United States on Thursday of interfering in its internal affairs and said it had lodged a complaint after U.S. President Donald Trump signed into law an act laying the groundwork for possible U.S. navy visits to self-ruled Taiwan.

worldNews reuters.com

China summons Australian envoy over political meddling allegations

SYDNEY (Reuters) - China summoned Australia's ambassador to lodge a complaint last week over Canberra's allegation that Beijing had sought to interfere in Australian politics, a source familiar with the diplomatic action told Reuters on Thursday.

companyNews reuters.com

RPT-UPDATE 2-Lexinfintech slashes U.S. IPO size as China reins in micro-lenders

HONG KONG, Dec 14 (Reuters) - Chinese consumer lending firm Lexinfintech has slashed the size of its U.S. initial public offering by two-thirds to a maximum possible $151.8 million, following a recent crackdown by Beijing on fast-growing online micro-lenders.

companyNews reuters.com

UPDATE 2-Lexinfintech slashes U.S. IPO size as China reins in micro-lenders

* Beijing has targeted online micro-lenders with new rules (Adds graphics, crackdown's impact on shares of rivals)

environmentNews reuters.com

China's industrial heartland struggles in Beijing's fight against smog

SHIJIAZHUANG, China (Reuters) - Severe natural gas shortages are hitting businesses and residents across China's industrial heartland as an unprecedented government effort to clean up an environment devastated by decades of unbridled growth backfires.

PersonalFinance reuters.com

Vivienne Tam scales fashion peaks with China Chic

NEW YORK (Reuters) - Some of us are fortunate to find a calling in life early on, and for Vivienne Tam it was literally by design.

technologyNews reuters.com

In major shift, Rakuten plots to become Japan's No. 4 wireless carrier

TOKYO (Reuters) - Japanese e-commerce firm Rakuten Inc said it would apply for a 4G mobile license, aiming to become the country's fourth major wireless carrier in a strategic shift that had analysts warning of an uphill battle to gain customers.

companyNews reuters.com

UPDATE 1-Lexinfintech slashes U.S. IPO size as China reins in micro-lenders

* Beijing targeted online micro-lenders with new rules this month (Adds company response, background on firm and industry)

technologyNews reuters.com

Rakuten seeks license to become Japan's fourth major mobile carrier

TOKYO (Reuters) - Japanese online retailer Rakuten Inc said on Thursday it will apply for a fourth generation mobile carrier license, a move that if successful would see it become the country's fourth major wireless carrier.

companyNews reuters.com

South Korea's Moon tries K-Pop and TV stars in China charm offensive

SEOUL, Dec 14 (Reuters) - South Korean President Moon Jae-in will unveil an array of TV talent and K-Pop celebrities at events, including a state dinner, in China on Thursday as he attempts to smooth out a year of difficult diplomacy with a star-laden charm offensive.

technologyNews reuters.com

Finisar deal helps Apple block rivals' path to AR features

SAN FRANCISCO (Reuters) - Apple Inc's $390 million deal with chip supplier Finisar Corp announced on Wednesday helps lock in the supply of a component that Apple believes will play a big role in its future products by bolstering augmented reality features.

technologyNews reuters.com

Rakuten eying entry into Japan's mobile carrier market: source

TOKYO (Reuters) - Japanese online retailer Rakuten Inc plans to join a government auction for wireless spectrum to be held in January, potentially becoming the country's fourth major wireless carrier, a source briefed on the matter said on Thursday.

technologyNews reuters.com

Rakuten eyeing entry into Japan's mobile carrier market: source

TOKYO (Reuters) - Japanese online retailer Rakuten Inc plans to join a government auction for wireless spectrum to be held in January, potentially becoming the country's fourth major wireless carrier, a source briefed on the matter said on Thursday.

technologyNews reuters.com

T-Mobile to launch TV service in 2018, buy Layer3 TV

NEW YORK (Reuters) - T-Mobile US Inc said on Wednesday that it would launch a new streaming television service next year after buying startup Layer3 TV for an undisclosed amount.

technologyNews reuters.com

Three U.S. men plead guilty to crimes tied to 2016 botnet attacks

(Reuters) - A former Rutgers University student and two other men pleaded guilty to computer crimes related to the creation, sale and use of the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks.

technologyNews reuters.com

Apple grants $390 million to Finisar to boost laser chip production

(Reuters) - Apple Inc said on Wednesday it had awarded $390 million to optical components maker Finisar Corp to boost production of laser chips that power iPhone X's features such as Face ID, Animoji and portrait mode photos.

technologyNews reuters.com

Mexican authorities warn cryptocurrency offerings could be a crime

MEXICO CITY (Reuters) - Mexico's finance ministry and central bank warned on Wednesday that cryptocurrencies were risky investments and said fundraising programs known as initial coin offerings (ICOs) could potentially violate Mexican financial law.

businessNews reuters.com

Exclusive: Ford to base Fusion production in China, ship to U.S. - sources

(Reuters) - Ford Motor Co plans to consolidate global production of midsize sedans in China in 2020 and ship them to the United States and Europe, three sources said on Wednesday.

technologyNews reuters.com

Three men plead guilty to crimes tied to 2016 botnet attacks

(Reuters) - A former Rutgers University student and two other men pleaded guilty to computer crimes related to the creation, sale and use of the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks, according to court documents.

companyNews reuters.com

BRIEF-Axe Exploration Says It Intends to Redirect Business To Cryptocurrency

* TO EVALUATE NEW BUSINESS OPPORTUNITIES, EVENTUALLY REDIRECT BUSINESS TO CRYPTOCURRENCY & BLOCKCHAIN Source text for Eikon: Further company coverage:

technologyNews reuters.com

Mexico authorities warn of risks of cryptocurrencies

MEXICO CITY (Reuters) - Mexico's finance ministry and central bank warned on Wednesday of the risks associated with cryptocurrencies and investment schemes known as initial coin offerings.

technologyNews reuters.com

Finisar gets $390 million from Apple to make more iPhone X chips

(Reuters) - Finisar Corp is getting a $390 million investment from Apple Inc to revive a plant in Texas, which will boost production of chips that power high-profile iPhone X features including Face ID and portrait mode photos.

technologyNews reuters.com

T-Mobile to launch new television service in 2018, acquire Layer3 TV

NEW YORK (Reuters) - U.S. No. 3 wireless carrier T-Mobile US Inc will launch a new television service in 2018 and acquire television technology company Layer3 TV Inc for an undisclosed amount as part of its plans, it said on Wednesday.

technologyNews reuters.com

France proposes age-of-consent rule for Facebook users

PARIS (Reuters) - All French children under the age of 16 will have to seek parental approval to open an account on Facebook or any other social network under draft legislation presented on Wednesday.

companyNews reuters.com

UPDATE 1-China's HNA says U.S lawsuit over failed deal 'baseless'

HONG KONG, Dec 13 (Reuters) - China's HNA Group said on Wednesday a U.S. lawsuit against the company and its Beijing-based unit Pactera Technology International Ltd over a failed acquisition was "baseless and without merit".

technologyNews reuters.com

U.S. says hacker to plead guilty for role in 2016 cyber attacks

(Reuters) - The U.S. Department of Justice has caught one of the people involved in creating the Mirai botnet, a network of infected electronics equipment used to knock major websites offline in massive 2016 cyber attacks, according to court papers.

Computers and the Internet nytimes.com

China Names and Shames Tech Tycoon With Debt Blacklist

The ambitious head of an embattled tech company is the latest casualty of China’s efforts to rein in irresponsible borrowing through public humiliation.

technologyNews reuters.com

Greek top court clears way for U.S. extradition of Russian cybercrime suspect

ATHENS (Reuters) - Greece's top court cleared the way on Wednesday for the extradition to the United States of a Russian man, also wanted in Moscow, suspected of having laundered billions of dollars in the digital currency bitcoin.

technologyNews reuters.com

Germany monitoring bitcoin market impact: FinMin

BERLIN (Reuters) - Germany is carefully monitoring the impact of cryptocurrencies on markets, a finance ministry spokesman said on Wednesday, as bitcoin surged and the futures of the best known cryptocurrency made their world debut on a U.S. stock exchange.

cnn.com

Rubio: How US, Asian democracies can counter China

America is reaffirming its commitment to securing a free and open Indo-Pacific region amid North Korea's nuclear and missile threats, China's increasingly assertive rise and other challenges. India and Japan, two of our key partners, have increased their security cooperation in response to regional challenges. But Washington must do more to support them and expand the involvement of Australia and other Asian democracies.

technologyNews reuters.com

Greek top court paves way for U.S. extradition of Russian bitcoin fraud suspect

ATHENS (Reuters) - Greece's Supreme Court on Wednesday paved the way for the extradition to the United States of Russian bitcoin fraud suspect Alexander Vinnik.

technologyNews reuters.com

Apple to invest $390 million in Finisar to ramp up chip production

(Reuters) - Apple Inc will give Finisar Corp $390 million to increase production of chips that power high-profile iPhone X features including Face ID, Animojis and portrait-mode photos.

technologyNews reuters.com

Deutsche Telekom, EWE to invest 2 billion euros in German fiber buildout

BERLIN (Reuters) - Deutsche Telekom is partnering with EWE AG [LANDWE.UL] to invest 2 billion euros ($2.4 billion) in building out a superfast glass-fiber broadband network in northwestern Germany, the companies said on Wednesday.

technologyNews reuters.com

Apple to invest $390 million in chipmaker Finisar

(Reuters) - Apple Inc said on Wednesday it would invest $390 million in Finisar Corp, which it will use to build out a plant in Texas to make chips that power popular iPhone features such as face ID, animojis and portrait-mode selfies.

worldNews reuters.com

Rights group criticizes China for mass DNA collection in Xinjiang

BEIJING (Reuters) - Chinese authorities have collected DNA and other biometric data from the whole population of the volatile western region of Xinjiang, Human Right Watch said on Wednesday, denouncing the campaign as a gross violation of international norms.

technologyNews reuters.com

China's HNA says U.S lawsuit over failed deal 'baseless'

HONG KONG (Reuters) - China's HNA Group [HNAIRC.UL] said on Wednesday a U.S. lawsuit against the company and its Beijing-based unit Pactera Technology International Ltd over a failed acquisition was "baseless and without merit".

technologyNews reuters.com

British city of Sheffield gives Uber a welcome boost

LONDON (Reuters) - The northern English city of Sheffield has lifted a suspension on Uber's operating license after it provided satisfactory answers to questions about the taxi app's management, in a welcome boost to the firm's British operations.

companyNews reuters.com

BRIEF-Niiio Finance Group And ‍Thomson Reuters Launch Regional Partnership​

* ‍THOMSON REUTERS AND FINTECH NIIIO LAUNCH REGIONAL PARTNERSHIP​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

worldNews reuters.com

South Korean firms flock to Beijing hoping summit will hasten thaw with China

SEOUL (Reuters) - Hoping a thaw in relations with China will reopen opportunities after a diplomatic spat earlier this year cost many of them business, some 300 South Korean executives joined President Moon Jae-in for the start of his four-day trip to China on Wednesday.

environmentNews reuters.com

As China gas crisis deepens, factories, homes lose supply

SHANGHAI/BEIJING (Reuters) - The southern Chinese province of Hunan has warned of natural gas shortages, an official said on Wednesday, as producers rush to divert fuel to heat northern homes with temperatures plummeting and factories across the country losing supplies of the fuel.

worldNews reuters.com

China marks Nanjing Massacre anniversary but Xi low key

BEIJING (Reuters) - China marked the 80th anniversary of the Nanjing Massacre on Wednesday with a call to work with Japan for peace, but President Xi Jinping kept a low profile and left the main public remarks to another senior official.

cnn.com

Google to open artificial intelligence center in China

technologyNews reuters.com

Toyota, Panasonic consider joint development of EV batteries

TOKYO (Reuters) - Toyota Motor Corp and Panasonic Corp said on Wednesday they are considering jointly developing batteries for electric vehicles (EVs), a partnership that could help Panasonic extend its market lead in automotive lithium-ion batteries.

companyNews reuters.com

PRESS DIGEST-New York Times business news - Dec 13

Dec 13 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

worldNews reuters.com

China marks Nanjing Massacre anniversary but Xi silent

BEIJING (Reuters) - China marked the 80th anniversary of the Nanjing Massacre on Wednesday with a call to work with Japan for peace, but President Xi Jinping kept a low profile and left the public remarks to another senior official.

technologyNews reuters.com

South Korea considers cryptocurrency tax as regulators grapple with 'speculative mania'

SEOUL (Reuters) - South Korea said on Wednesday it may tax capital gains from cryptocurrecy trading as global regulators worried about a bubble, with Australia's central bank chief warning of a 'speculative mania" that has seen the digital asset making rip-roaring gains.

technologyNews reuters.com

Founder of China's embattled LeEco placed on debt blacklist

SHANGHAI (Reuters) - The high-profile founder of struggling Chinese tech conglomerate LeEco has been placed on an official blacklist of debt defaulters, a further blow to a firm that had spent heavily to compete in areas from smart cars to online entertainment.

companyNews reuters.com

Google launching artificial intelligence research center in China

BEIJING, Dec 13 (Reuters) - Alphabet Inc's Google said on Wednesday it is opening an artificial intelligence (AI) research center in China to target the country's local talent, even as the U.S. search firm's products remain blocked in the country.

technologyNews reuters.com

Toyota, Panasonic to hold news conference at 1.30 a.m. ET

TOKYO (Reuters) - Toyota Motor Corp and Panasonic Corp on Wednesday said they would hold a joint news conference in Tokyo at 3:30 pm (0630 GMT).

technologyNews reuters.com

South Korea to hold emergency meeting on cryptocurrencies, measures expected Friday

SEOUL (Reuters) - South Korea's government has called an emergency meeting to discuss the trading of cryptocurrencies, and measures on the market will be announced on Friday, a central bank official said on Wednesday.

businessNews reuters.com

Uber picks new head for Indonesia business

JAKARTA (Reuters) - Uber Technologies Inc unveiled on Wednesday a new head of its Indonesian operations in a market where the online taxi company faces cutthroat competition, regulatory uncertainty and a reported U.S. probe into whether it broke bribery laws.

technologyNews reuters.com

Britain urged to prosecute social media firms over online abuse

LONDON (Reuters) - Social media companies should face prosecution for failing to remove racist and extremist material from their websites, according to a report by an influential committee.

technologyNews reuters.com

Ex-Trump aide Carter Page tells court to stop AT&T Time Warner deal

WASHINGTON (Reuters) - Former Trump campaign adviser Carter Page argued in court papers on Tuesday that AT&T Inc should not be permitted to buy CNN parent Time Warner Inc because there was a risk it would lead to "recklessness" in journalism.

technologyNews reuters.com

Electric vehicle battery prices to steady by 2020: Hyundai Motor

SEOUL (Reuters) - Hyundai Motor Co believes electric vehicle battery prices will level off by 2020 due to supply constraints of key ingredients, ending years of sharp declines that have helped stimulate activity in the booming sector.

technologyNews reuters.com

Toshiba, Western Digital end chip dispute; joint investment to resume

(Reuters) - Toshiba Corp and its chip business partner Western Digital Corp agreed to settle a long-running dispute over the embattled Japanese conglomerate's plans to sell its chip unit, the companies said in a statement, removing a key obstacle to the deal.

technologyNews reuters.com

UK city of York refuses to renew Uber's license in new regulatory setback

(Reuters) - The English city of York refused to renew Uber's [UBER.UL] license to operate there on Tuesday, the city council said, the latest regulatory setback suffered by the ride-hailing app.

technologyNews reuters.com

Bitcoin euphoria puts other retail bets in shade

(Reuters) - If you wondered why 18-year old twitterati and seasoned speculative traders alike have bet on bitcoin's surge toward $20,000 this week, look no further than the comparison with the past year's new stock exchange floatations.

technologyNews reuters.com

UK city York refuses to renew Uber's licence

(Reuters) - The English city of York rejected Uber's licence renewal on Tuesday, citing concerns about the ride-hailing app's data breach and the number of complaints received, a city council spokesperson said.

technologyNews reuters.com

Lyft starts Canada service in first international foray

(Reuters) - U.S. ride-hailing firm Lyft Inc on Tuesday launched its service in Toronto, the first international market for the rival of much larger Uber Technologies Inc [UBER.UL].

companyNews reuters.com

BRIEF-Louis Dreyfus Company Sells Its Australian Fertilizers Business To Agrium

* SELLS ITS AUSTRALIAN FERTILIZERS AND INPUTS BUSINESS TO LANDMARK OPERATIONS LTD

technologyNews reuters.com

Cryptocurrency exchanges Coinbase, Bitfinex down

(Reuters) - Digital currency exchange operators Coinbase and Bitfinex reported problems with service through their websites on Tuesday, frustrating traders seeking to cash in on the latest surge in the value of bitcoin and other cryptocurrencies.

technologyNews reuters.com

Facebook to book advertising revenue locally amid political pressure

BRUSSELS (Reuters) - Social media giant Facebook said on Tuesday it would start booking advertising revenue locally instead of re-routing it via its international headquarters in Dublin although the move is unlikely to result in it paying much more tax.

environmentNews reuters.com

Brazil beefs up agribusiness governance after meatpacker scandal

BRASILIA (Reuters) - Brazil's Ministry of Agriculture launched a program on Tuesday to ensure farmers comply with anti-corruption, environmental and child labor laws, after a highly publicized meatpacking scandal raised doubts about the country's food products.

technologyNews reuters.com

AIG launches new cyber threat analysis to gauge companies' risks

(Reuters) - American International Group Inc has ramped up its analysis for insuring against cyber attacks, using a system that scores a company's risk of having a breach along with safeguards it has in place, the insurer said on Tuesday.

companyNews reuters.com

BRIEF-Alliance Data Systems Says Its Columbus, Ohio-Based Card Services Business To Launch Branded Credit Card For Guess? Inc

* ALLIANCE DATA SYSTEMS SAYS ITS COLUMBUS, OHIO-BASED CARD SERVICES BUSINESS TO LAUNCH NEW BRANDED CREDIT CARD FOR GUESS? INC - SEC FILING

worldNews reuters.com

China warns against livestreaming after 'rooftopper' falls to death

BEIJING (Reuters) - A young Chinese climbing enthusiast's fatal fall from a skyscraper while making a selfie video on a $15,000 "rooftopping" dare has spurred warnings by state media against the perils of livestreaming.

technologyNews reuters.com

Airbnb drops controversial payment card in France

PARIS (Reuters) - Short-term rental website Airbnb has agreed to withdraw a controversial payment system in France after government officials, including finance minister Bruno Le Maire, met with its managers on Monday.

technologyNews reuters.com

Taiwan's Far Eastern International fined T$8 million over SWIFT hacking incident

TAIPEI (Reuters) - Taiwan's financial regulator said on Tuesday it had fined Far Eastern International Bank T$8 million ($266,524) due to deficiencies related to its SWIFT system hacking incident.

companyNews reuters.com

EMERGING MARKETS-Emerging stocks hit by Fed, China policy-tightening nerves

LONDON, Dec 12 (Reuters) - Emerging equities fell on Tuesday after two days of strong gains as markets looked to a U.S. Federal Reserve meeting and potential policy tightening in China, though a rise in the oil price to mid-2015 highs underpinned energy producers.

environmentNews reuters.com

South China chemical producer halts ammonia output as gas crisis deepens

BEIJING (Reuters) - A major Chinese chemical producer based in the southern province of Yunnan said it has halted production of synthetic ammonia and urea due to natural gas shortages as China's winter heating crisis deepens.

Ports nytimes.com

Sri Lanka, Struggling With Debt, Hands a Major Port to China

With many countries owing China for “One Belt, One Road” projects, some critics said Sri Lanka was setting a dangerous precedent of signing over territory.

worldNews reuters.com

Kremlin says widespread Russian forces no longer needed in Syria

MOSCOW (Reuters) - There is a no longer the need for widely-deployed Russian military forces in Syria, Kremlin spokesman Dmitry Peskov said on Tuesday.

technologyNews reuters.com

Taiwan's Far Eastern Int'l fined T$8 million over SWIFT hacking incident

TAIPEI (Reuters) - Taiwan's financial regulator said on Tuesday it had fined Far Eastern International Bank T$8 million ($266,524) due to deficiencies related to its SWIFT system hacking incident.

environmentNews reuters.com

Study seen needed before lifting fracking ban in remote Australia

SYDNEY (Reuters) - Gas extraction via fracking could only resume in Australia's Northern Territory district after a study on the controversial practice is completed in two to three years, according to the recommendations of an independent group released on Tuesday.

companyNews reuters.com

Autoliv plans to move ahead with listing of electronics business

STOCKHOLM, Dec 12 (Reuters) - Sweden's Autoliv said on Tuesday it plans to move ahead with a listing of its electronics business, which makes radars, visions systems and driver assistance software.

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.

companyNews reuters.com

BRIEF-Autoliv decides on spin-off of Electronics business, expects Q3 listing

* AUTOLIV CONCLUDES STRATEGIC REVIEW AND PREPARES FOR SPIN-OFF OF ITS ELECTRONICS SEGMENT

Politics and Government nytimes.com

Australian Lawmaker Quits Amid Questions Over China Ties

Sam Dastyari, a Labor Party member, faced accusations that he pushed policies favorable to China after accepting money from Chinese-born political donors.

companyNews reuters.com

RPT-UPDATE 2-China's growth objectives clash with financial stability goal - IMF

* IMF releases report on stability of China's financial system

companyNews reuters.com

REFILE-Amazon's cloud unit expands in China, with new partner in Ningxia

BEIJING, Dec 12 (Reuters) - Amazon.com Inc said on Tuesday it was expanding its cloud computing business in China with a new local partner, aiming to win share in an increasingly crowded and highly regulated market.

technologyNews reuters.com

Amazon's cloud unit expands in China, with new partner in Ningxia

BEIJING (Reuters) - Amazon.com Inc said on Tuesday it was expanding its cloud computing business in China with a new local partner, aiming to win share in an increasingly crowded and highly regulated market.

technologyNews reuters.com

Philippine bank accuses Bangladesh of heist 'cover-up'

MANILA (Reuters) - The Philippines bank through which $81 million stolen from Bangladesh's central bank was channeled in February 2016 has accused Dhaka's monetary authority of covering up its negligence and demanded that it stop making the bank a "scapegoat."

worldNews reuters.com

South Korea's Moon, China's Xi to talk North Korea, trade in Beijing summit

SEOUL/BEIJING (Reuters) - Reining in North Korea's nuclear ambitions will top South Korean President Moon Jae-in's agenda in Beijing during a visit this week aimed at breaking the ice after a furious row with China over Seoul's deployment of a U.S. anti-missile system.

companyNews reuters.com

U.S. company sues China's HNA over deal, cites opaque ownership

NEW YORK, Dec 11 (Reuters) - Ness Technologies S.A.R.L., a U.S. software engineering company, has sued Chinese conglomerate HNA Group accusing it of failing to adequately answer questions about its ownership in a U.S. review of takeovers by foreign companies, thereby causing their $325 million deal to fail.

companyNews reuters.com

China video game craze drives booming e-sports market

WUHU, China/SHANGHAI, Dec 12 (Reuters) - In an industrial park on the edge of Shanghai, a dozen Chinese teenagers are taking a break from battling digital armies to focus on their yoga.

businessNews reuters.com

Exxon to provide details on climate-change impact to its business

(Reuters) - Exxon Mobil Corp on Monday said it would publish new details about how climate change could affect its business in a move aimed at appeasing critics and forestalling another proxy fight next year.

Federal Taxes (US) nytimes.com

Editorial: Mr. Mnuchin’s Magical Math on Taxes

Pressed to prove that a tax cut for the rich can pay for itself, the Treasury relies on growth “models” with no basis in reality.

worldNews reuters.com

Prominent Australian opposition lawmaker quits over claims of China links

SYDNEY (Reuters) - Prominent Australian opposition Senator Sam Dastyari said on Tuesday he would resign from parliament after a series of allegations emerged about his links with Chinese-aligned interests in Australia.

companyNews reuters.com

UPDATE 1-China's Tencent plans retail push with Yonghui Superstores stake

HONG KONG/SHANGHAI, Dec 11 (Reuters) - Chinese tech giant Tencent Holdings Ltd plans to buy a 5 percent stake in Yonghui Superstores Co Ltd, the department store operator said on Monday, in the latest push by China's internet giants into offline retail.

Industrial Espionage nytimes.com

Germany Accuses of China of Using LinkedIn to Recruit Informants

A top German intelligence agency said that more than its 10,000 citizens were targeted, including lawmakers and government employees.

technologyNews reuters.com

U.S. agency prepares to hand over internet oversight to FTC

WASHINGTON (Reuters) - The U.S. Federal Communications Commission plans to turn over oversight of internet service providers to another federal agency as it plans to vote on Thursday to revoke the landmark 2015 "net neutrality" rules.

technologyNews reuters.com

'More to come' after bitcoin futures launch: Cboe CEO

NEW YORK (Reuters) - The generally smooth launch of bitcoin futures on Cboe Global Markets could pave the way for other cryptocurrency-related products like options and ETFs, the head of the exchange operator said in an interview on Monday.

technologyNews reuters.com

Apple removes app after MyEtherWallet complaint

(Reuters) - IPhone maker Apple Inc said on Monday it had removed a paid iOS application from its App Store after MyEtherWallet, a free service for storing digital currencies, complained that the program was improperly using its name.

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.

technologyNews reuters.com

SEC halts initial coin offering from restaurant review app

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission has stepped in to stop an "initial coin offering" (ICO) from a restaurant review app, after the company failed to register it as a security.

technologyNews reuters.com

U.S. tech firm settles probe of Russian work on defense project

WASHINGTON (Reuters) - Netcracker Technology Corp will not face criminal charges for allowing Russian nationals without security clearance to work on a U.S. defense project after it agreed to adopt enhanced cyber security measures, authorities said on Monday.

technologyNews reuters.com

Apple confirms deal to buy music discovery app Shazam

SAN FRANSICO (Reuters) - Apple Inc on Monday confirmed it had reached a deal to acquire Shazam Entertainment Ltd, the U.K.-based app that lets users identify songs by pointing a smart phone at the audio source.

technologyNews reuters.com

Elliott says chipmaker NXP worth 23 percent more than Qualcomm's offer

(Reuters) - Activist investor Elliott Management Corp said on Monday NXP Semiconductors NV is worth about 23 percent more than Qualcomm Inc's $38-billion offer to buy the chipmaker.

technologyNews reuters.com

U.S. videogame makers may trounce sales estimates again

(Reuters) - Tepid holiday sales forecasts from two of the three major U.S. videogame producers have not dampened investors' confidence in one of the past decade's major stock market success stories for a simple reason: they almost always beat them.

Refugees and Displaced Persons nytimes.com

Fearing the Worst, China Plans Refugee Camps on North Korean Border

A Chinese county has a blueprint in place if a crisis in North Korea results in thousands of refugees crossing the border.

companyNews reuters.com

BRIEF-BNY Mellon Says ITS Treasury Services Business Launches New Tokenized Payments Service

* BANK OF NEW YORK MELLON - ITS TREASURY SERVICES BUSINESS HAS LAUNCHED NEW TOKENIZED PAYMENTS SERVICE Source text for Eikon: Further company coverage:

technologyNews reuters.com

Elliott says chipmaker NXP worth more than Qualcomm's offer

(Reuters) - Activist investor Elliott Management Corp said on Monday that NXP Semiconductors NV is worth $135 per share on an intrinsic standalone basis, more than the $110 Qualcomm Inc has offered to buy the company.

technologyNews reuters.com

Chinese electric car maker to put 'Weltmeister' on road next year

BEIJING (Reuters) - WM Motor Technology Co, one of a new breed of Chinese electric car companies, will use its company name "Weltmeister" as its brand and plans to start taking orders for its first product, a sport-utility vehicle, from April.

technologyNews reuters.com

EU must look at regulating bitcoin, ECB's Nowotny says

VIENNA (Reuters) - The European Union needs to consider regulating bitcoin, European Central Bank ratesetter Ewald Nowotny said on Monday, citing the risk of money laundering.

topNews reuters.com

China's graft watchdog warns officials over 'concealed' extravagance

BEIJING (Reuters) - Chinese officials trying to hide dishonest spending with tricks such as throwing extravagant parties in private will be targeted in a sustained campaign to root out hedonism, the top anti-graft watchdog said on Monday.

worldNews reuters.com

Kuwait replaces oil and finance ministers: state news agency

DUBAI (Reuters) - Kuwait replaced its oil and finance ministers in a cabinet reshuffle on Monday, state news agency KUNA reported.

technologyNews reuters.com

Exclusive: Hong Kong fund tells Toshiba that chip unit sale to Bain group not necessary

TOKYO (Reuters) - A Hong Kong-based activist investor in Toshiba Corp has told the embattled conglomerate that the $18 billion sale of its chip unit to a Bain Capital-led group is no longer necessary after its recent capital injection, according to a letter seen by Reuters.

technologyNews reuters.com

Apple, India wrangle over import tax on mobile parts: sources

NEW DELHI (Reuters) - Apple Inc has asked India to defer a planned increase in import taxes on mobile phone parts so it can expand its iPhone manufacturing in the country, but the government is unlikely to accede, people familiar with the matter said.

technologyNews reuters.com

Nokia's COO quits after eight months in the job

HELSINKI (Reuters) - Nokia said its chief operating officer will leave the telecom network equipment maker, which is struggling in the face of a shrinking market and tough competition, after just eight months in the job.

companyNews reuters.com

UK's Petrofac hires Bain & Co to explore options for North Sea business -Times

Dec 11 (Reuters) - British oilfield services company Petrofac Ltd has hired consultancy Bain & Co to explore options for the its North Sea operations, including a sale, the Times reported on Sunday.

technologyNews reuters.com

China Telecom earmarked as Philippines' 3rd telecoms player: Manila officials

MANILA (Reuters) - State-run China Telecom Corp could become the Philippines' third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services.

technologyNews reuters.com

Mubadala has done 15 to 16 investments in Silicon Valley as part of the Softbank fund

ABU DHABI (Reuters) - Abu Dhabi's state investor, Mubadala [MUDEV.UL], has made 15 to 16 investments in Silicon Valley as part of a partnership with Softbank Group, deputy group CEO, Waleed al-Muhairi, told a conference in Abu Dhabi.

businessNews reuters.com

Ford's November China vehicle sales drop 8 percent year-on-year

(Reuters) - Ford Motor Co's sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October, the U.S. automaker said on Monday.

companyNews reuters.com

Ford's November China vehicle sales drop 8 pct y/y

Dec 11 (Reuters) - Ford Motor Co's sales in China fell 8 percent in November from a year ago, following a 5 percent decline in October, the U.S. automaker said on Monday.

environmentNews reuters.com

China says 8 northern cities failed air quality targets in Oct, Nov

BEIJING (Reuters) - Eight northern Chinese cities failed to meet air quality targets in October and November, even as local authorities launched rigorous steps to cut emissions during the winter, the government said on Monday.

technologyNews reuters.com

Hotly anticipated bitcoin futures surge 21 percent on debut

NEW YORK/SYDNEY (Reuters) - Bitcoin futures jumped more than 20 percent in their eagerly anticipated U.S. debut, which backers hope will encourage wider use and legitimacy for the world's largest cryptocurrency even as critics warn of the risk of a bubble and price collapse.

worldNews reuters.com

China starts formal legal proceedings against disgraced senior politician

BEIJING (Reuters) - China's prosecutor began on Monday formal legal proceedings against disgraced senior politician Sun Zhengcai, once considered a contender for top leadership, who has been accused of corruption and other crimes.

worldNews reuters.com

China, Taiwan spar over Chinese diplomat's invasion threat

BEIJING/TAIPEI (Reuters) - A threat by a senior Chinese diplomat to invade Taiwan the instant any U.S. warship visits the self-ruled island has sparked a war of words, with Taipei accusing Beijing of failing to understand what democracy means.

Relocation of Business nytimes.com

Ahead of Brexit, Paris Tries a Business Makeover

Hoping to woo companies that will move employees from London, leaders in Paris are trying to replace red tape with a red carpet.

worldNews reuters.com

China's top paper says Australian media reports are racist

BEIJING (Reuters) - Australian media reports on Chinese interference in Australia are racist and paranoid, China's top newspaper said on Monday, stepping up a war of words over concerns in Australia about Chinese influence in the country.

technologyNews reuters.com

China Telecom earmarked as the Philippines' third telecoms player

MANILA (Reuters) - State-run China Telecom Corp could become the Philippines' third telecoms player, officials of the Southeast Asian nation said on Sunday, as the government looks to stir up competition in an effort to boost notoriously poor services.

environmentNews reuters.com

China looks to nuclear option to ease winter heating woes

SHANGHAI (Reuters) - With its smog-prone north desperate to slash coal consumption, China is looking to deploy nuclear power to provide reliable winter heating, raising public safety concerns - though developers say the risks are minimal.

worldNews reuters.com

Germany's Gabriel denies report he is eyeing finance minister post

BERLIN (Reuters) - German Foreign Minister Sigmar Gabriel on Saturday denied a report that said the Social Democrat, whose party has agreed to enter talks with Chancellor Angela Merkel's conservatives on forming a coalition, was eyeing the post of finance minister.

Elderly nytimes.com

Sanya Journal: Welcome to China’s Florida: Sun, Sand and Retired Snowbirds

Rising incomes allow China’s growing numbers of aging people to become snowbirds in the south — enjoying life post-retirement in a way previous generations never imagined.

environmentNews reuters.com

China's Xinjiang halts mining in nature reserve to curb pollution: Xinhua

BEIJING (Reuters) - China's far western Xinjiang region has suspended mining in one of its big nature reserves, the official Xinhua news agency reported, amid rising environmental concerns.

technologyNews reuters.com

France to allow blockchain for trading unlisted securities

PARIS (Reuters) - The French government opened the way on Friday for trading unlisted securities using blockchain digital ledgers with the adoption of new rules aimed at improving Paris' image as a center for financial innovation.

companyNews reuters.com

UPDATE 2-ED&F Man reviews physical grains trading, may exit business

* Sugar refinery in Israel be shut at the end of 2017 (Adds company comment)

companyNews reuters.com

BRIEF-Government Of Canada Names Direct Energy Business As Their New Natural Gas Provider

* DIRECT ENERGY - GOVERNMENT OF CANADA NAMED CO THEIR NEW NATURAL GAS PROVIDER FOR CORRECTIONAL SERVICES CANADA, DEPARTMENT OF NATIONAL DEFENCE

sportsNews reuters.com

Alpine skiing: Vonn's stock is sky high in the risk business

LAKE LOUISE, Alberta (Reuters) - The downhill is very much a high risk, high reward business and American speed queen Lindsey Vonn was reminded again of the price you pay for success on the alpine World Cup ski circuit.

technologyNews reuters.com

Spotify and Tencent Music to buy stakes in each other

STOCKHOLM (Reuters) - Music streaming company Spotify and the music arm of China's Tencent Holdings Ltd will buy minority stakes in each other ahead of the Swedish firm's expected stock market listing next year, the companies said on Friday.

companyNews reuters.com

BRIEF-Arconic Divests Its Latin America Extrusions Business

* ARCONIC INC - ‍UNDER TERMS OF AGREEMENT, ARCONIC WILL RECEIVE APPROXIMATELY $10 MILLION IN CASH FOR LAE BUSINESS​

technologyNews reuters.com

NiceHash says attacked probably from non-EU IP address

LJUBLJANA (Reuters) - A Slovenian cryptocurrency mining marketplace, NiceHash, which lost about $64 million worth of bitcoin in a hack on its payment system on Wednesday, said the attack was probably made from a non-EU IP address.

sportsNews reuters.com

Competitions needed for Russians not going to Games, says ROC chief

MOSCOW (Reuters) - Russian Olympic Committee President Alexander Zhukov said competitions should be organized for Russian athletes who decide not to compete at the 2018 Pyeongchang Winter Games, R-Sport news agency reported on Friday.

companyNews reuters.com

BRIEF-Hexcel To Acquire Oxford Performance Materials Aerospace & Defense Business

* HEXCEL TO ACQUIRE OXFORD PERFORMANCE MATERIALS AEROSPACE & DEFENSE BUSINESS

companyNews reuters.com

UPDATE 1-China imposes record fine on Guangfa Bank over guarantees for defaulted bonds

BEIJING, Dec 8 (Reuters) - China's banking regulator has confiscated illegal income and imposed fines on China Guangfa Bank Co totalling 722 million yuan ($109 million) for providing illegal guarantees for defaulted corporate bonds sold through an Alibaba-backed online finance platform, it said on Friday.

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.

worldNews reuters.com

China warns of imminent attacks by "terrorists" in Pakistan

BEIJING (Reuters) - China on Friday warned its nationals in Pakistan of plans for a series of imminent "terrorist attacks" on Chinese targets there, an unusual alert as it pours funds into infrastructure projects into a country plagued by militancy.

companyNews reuters.com

China Guangfa Bank fined $109 million for rule violation - regulator

BEIJING, Dec 8 (Reuters) - China's banking regulator has fined China Guangfa Bank Co 722 million yuan ($109.12 million) for providing illegal guarantees for defaulted corporate bonds, it said on Friday.

businessNews reuters.com

Asia cheers China trade boost, bitcoin comes off heady heights

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations while bitcoin, the market's new crypto-star, tumbled more than 10 percent after a meteoric ascent in recent weeks.

companyNews reuters.com

METALS-Shanghai copper prices turn positive on China data

SYDNEY, Dec 8 (Reuters) - Shanghai copper futures turned positive on Friday after data showed a jump in imports of the metal into China, the world's top consumer of the commodity.

companyNews reuters.com

GLOBAL MARKETS-Asia cheers China trade boost, bitcoin comes off heady heights

* Sterling twitchy as EU and UK makes breakthrough on border talk

companyNews reuters.com

UPDATE 2-China's HNA pushes back against liquidity concerns, won't sell assets "blindly"

* Group exec says dismisses concerns about "liquidity crisis"

companyNews reuters.com

PRESS DIGEST-New York Times business news - Dec 8

Dec 8 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

businessNews reuters.com

Asia cheers China trade boost, bitcoin shoots for the stars

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations and investors marveled at the meteoric ascent of bitcoin, the market's new crypto-star.

companyNews reuters.com

BRIEF-‍Air China Launches New Non-Stop Service Between Shenzhen And Los Angeles​

* ‍AIR CHINA LAUNCHES NEW NON-STOP SERVICE BETWEEN SHENZHEN AND LOS ANGELES​ Source text for Eikon: Further company coverage:

companyNews reuters.com

GLOBAL MARKETS-Asia cheers China trade boost, bitcoin shoots for the stars

SYDNEY, Dec 8 (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations and investors marvelled at the meteoric ascent of bitcoin, the market's new crypto-star.

technologyNews reuters.com

SoftBank to invest $300 million in food delivery firm DoorDash: Recode

(Reuters) - SoftBank Group Corp plans to invest around $300 million into DoorDash, a San Francisco-based food delivery startup, Recode reported.

businessNews reuters.com

Asia gets China trade boost, bitcoin shoots for the stars

SYDNEY (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations, and investors marveled at the meteoric ascent of the market's new crypto-star, bitcoin.

businessNews reuters.com

HSBC beefs up Asia research team with 15 new hires in China

HONG KONG (Reuters) - HSBC said on Friday that it had expanded its Asian research team by hiring 15 analysts following the launch of HSBC Qianhai Securities, the first Chinese securities joint venture to be majority-owned by a foreign bank.

companyNews reuters.com

GLOBAL MARKETS-Asia gets China trade boost, bitcoin shoots for the stars

SYDNEY, Dec 8 (Reuters) - Asian shares rallied for a second session on Friday as economic news from China and Japan beat all expectations, and investors marvelled at the meteoric ascent of the market's new crypto-star, bitcoin.

companyNews reuters.com

UPDATE 1-China's HNA pushes back against liquidity concerns, wont sell assets "blindly"

* HNA's leverage, ownership under scrutiny after $50 bln in deals (Adds quotes and comments from HNA executive)

companyNews reuters.com

China's HNA says it is not selling assets "blindly"

HONG KONG, Dec 8 (Reuters) - Chinese conglomerate HNA Group is not selling assets "blindly" and has no plans to sell its stakes in Deutsche Bank or Hilton Worldwide in the near future, a senior executive told Reuters on Friday.

companyNews reuters.com

China aims to make IPO application process more transparent

SHANGHAI, Dec 8 (Reuters) - China's securities regulator published a set of guidelines for companies applying to make initial public offerings (IPOs), in a bid to be more transparent and stabilize market expectations.

technologyNews reuters.com

YouTube to launch music subscription service next year: Bloomberg

(Reuters) - Alphabet Inc's YouTube plans to introduce a paid music streaming service in March, Bloomberg reported on Thursday, citing people familiar with the matter.

worldNews reuters.com

China jails 21 people for 2015 nursing home fire: Xinhua

SHANGHAI (Reuters) - China has jailed 21 people for their roles in a deadly fire that killed 39 elderly people at a private nursing home two years ago, state-run Xinhua news agency reported on Friday.

companyNews reuters.com

PRESS DIGEST- British Business - Dec. 8

Dec 8 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

technologyNews reuters.com

Spark NZ expects to roll out 5G in next few years

(Reuters) - New Zealand telecommunications company Spark New Zealand said on Friday its plans for a fifth-generation network (5G) are progressing well and it expects to roll it out within the "next few years."