News Trends, News Analysis, News Archive.



Related Articles

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.

companyNews reuters.com

Mexican retail group says November same-store sales rose 5.4 pct

MEXICO CITY, Dec 11 (Reuters) - Mexico's retail association said on Monday that sales at stores open for at least a year rose by 5.4 percent in November, compared to the same month a year earlier.

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.

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.

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.

sportsNews reuters.com

Three more Russian athletes file doping appeals: sport court

ZURICH (Reuters) - The Court of Arbitration for Sport said on Monday three more Russian athletes -- champion biathlete Olga Zaytseva and cross country skiers Yulia Chekaleva and Anastasia Dotsenko -- have appealed against doping bans levied by the International Olympic Committee (IOC).

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.

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.

Cryotherapy nytimes.com

Me Time: $75 for Three Minutes at Minus 230 Degrees? Sure, We’ll Try It

Our columnist dons ear warmers, a surgical mask and giant wool mittens and gets into a cryotherapy chamber.

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.

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.

cnn.com

Global arms sales rise for the first time in 5 years

Global arms sales increased for the first time in five years in 2016 as rising geopolitical tensions fueled defense spending.

Gothenburg (Sweden) nytimes.com

Three Arrested After Firebomb Attack on Swedish Synagogue

No one was injured after a masked gang tossed Molotov cocktails at the building in Gothenburg, but three men were held on suspicion of arson.

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.

worldNews reuters.com

Three arrested after attempted arson attack at Swedish synagogue

STOCKHOLM (Reuters) - Three people were arrested early on Sunday after an attempted arson attack at a synagogue in the Swedish city of Gothenburg, a spokeswoman for the Swedish Prosecution Authority said.

cnn.com

California fires: Governor offers grim outlook

Gov. Jerry Brown has a sobering message for Southern Californians after a week of raging wildfires: This is your new normal.

companyNews reuters.com

BRIEF-CorMedix Enters Amendment To Existing Sales Agreement With B. Riley FBR To Replace MLV & Co As Sales Agent

* CORMEDIX SAYS ENTERED AMENDMENT TO EXISTING SALES AGREEMENT WITH B. RILEY FBR, INC. TO REPLACE MLV & CO. LLC AS SALES AGENT - SEC FILING

businessNews reuters.com

Strong U.S. job growth in November bolsters economy's outlook

WASHINGTON (Reuters) - U.S. job growth increased at a strong clip in November, painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing, even though wage gains remain moderate.

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.

Colleges and Universities nytimes.com

At Columbia, Three Women, 30 Years and a Pattern of Harassment

Former graduate students say over decades the same professor made sexual advances toward them, and their reactions illustrate changing norms on campus.

companyNews reuters.com

Venezuela's oil sales to U.S. fell in Nov to lowest level since 2003

HOUSTON, Dec 8 (Reuters) - Venezuela's crude oil exports to the United States fell in November to their lowest level since January 2003, when a strike knocked down the country's output, due to sanctions and a steep production decline, according to Reuters data.

companyNews reuters.com

WRAPUP 5-Strong U.S. job growth in November bolsters economy's outlook

WASHINGTON, Dec 8 (Reuters) - U.S. job growth increased at a strong clip in November, painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing, even though wage gains remain moderate.

PersonalFinance reuters.com

UBS investment bank head wary on 2018 outlook

ZURICH (Reuters) - The head of Swiss bank UBS's investment banking business gave a cautious outlook for market conditions next year, with fees set to fall again and volatility staying low.

companyNews reuters.com

WRAPUP 4-Strong U.S. job growth in November bolster economy's outlook

WASHINGTON, Dec 8 (Reuters) - U.S. job growth increased at a strong clip in November, painting a portrait of a healthy economy that analysts say does not require the kind of fiscal stimulus that President Donald Trump is proposing, even though wage gains remain moderate.

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.

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.

technologyNews reuters.com

Ericsson may make Digital goodwill impairment after revamp

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

companyNews reuters.com

BRIEF-TSMC's Nov sales up 0.1 pct y/y

Dec 8 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd :

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.

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.

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."

healthNews reuters.com

Antibiotics sales for use in U.S. farm animals dropped in 2016: FDA

CHICAGO (Reuters) - The sale and distribution of antibiotics approved for use in food-producing animals in the United States decreased by 10 percent from 2015 to 2016, a U.S. Food and Drug Administration (FDA) report said on Thursday.

technologyNews reuters.com

France's Ubisoft delays three releases, back catalog sales remain strong

(Reuters) - French video game producer Ubisoft said on Thursday it was delaying the release of three games and lowering its 2017/18 sales goals while raising its targeted profit margin.

technologyNews reuters.com

Deutsche Bank says more regulation of cryptocurrencies needed

BERLIN (Reuters) - More regulation and some degree of security are needed to make cryptocurrencies such as bitcoin a serious new asset class for investors, Deutsche Bank Chief Investment Officer Christian Nolting said.

technologyNews reuters.com

Chinese investor further raises stake in Dialog Semi to 8.15 percent

FRANKFURT (Reuters) - China's top state silicon chipmaker has further raised its stake in Dialog Semiconductor, buying into share price weakness triggered by fears the Anglo-German firm could lose its top customer Apple Inc.

technologyNews reuters.com

Ubisoft delays three releases, lowers 2017/2018 sales outlook

(Reuters) - French video game producer Ubisoft said on Thursday it was delaying the release of three games and lowering its 2017/18 sales outlook.

technologyNews reuters.com

Instagram testing standalone Direct messaging app

(Reuters) - Facebook Inc's Instagram said on Thursday it was testing a standalone messaging app called Direct, making it the company's third chat tool alongside its hugely popular WhatsApp and Messenger.

technologyNews reuters.com

Silicon Valley meets 'Flash Boys' on new corporate listings program

NEW YORK (Reuters) - A new would-be stock exchange based in Silicon Valley is teaming up with IEX Group, the newest U.S. stock exchange and focus of author Michael Lewis's book, "Flash Boys: A Wall Street Revolt," on a corporate listings program, the company said on Thursday.

technologyNews reuters.com

Blockchain network IOTA teams up with Microsoft, others on data marketplace

NEW YORK (Reuters) - (In this version of the Nov. 28 story IOTA corrects partners in the project to remove reference to Cisco in headline and first paragraph and Huawei in fifth paragraph, include Microsoft in headline and text. IOTA clarified that the error was due to the fact that it co-founded the Trusted IoT Alliance with Cisco.)

technologyNews reuters.com

Orange's boss Richard promises investors more of the same

PARIS/LONDON (Reuters) - Orange's boss Stephane Richard told investors on Thursday he will stick with plans to invest heavily in upgrading networks rather than content as he bids for a third term to lead France's biggest telecoms operator.

technologyNews reuters.com

BlackBerry, Qualcomm expand partnership to connected automotive

(Reuters) - BlackBerry Ltd and Qualcomm Inc are expanding their partnership to tap the fast-growing connected automotive market, the companies said on Thursday.

companyNews reuters.com

BRIEF-Vince Holding Q3 Sales Rose 4.1 Percent To $79.1 Million

* - NET INVENTORY AT END OF Q3 OF FISCAL 2017 WAS $51.4 MILLION COMPARED TO $34.4 MILLION AT END OF Q3 OF FISCAL 2016

companyNews reuters.com

BRIEF-Ingles Markets Q4 Sales $1.09 Bln Versus $962.4 Mln

* INGLES MARKETS, INCORPORATED REPORTS FISCAL 2017 SALES TOP $4 BILLION

technologyNews reuters.com

Russia calls on OSCE states to ramp up cyber security efforts

VIENNA (Reuters) - Russia's foreign minister called on Organization for Security and Cooperation in Europe (OSCE) countries to strengthen efforts to ensure the safety of the internet on Thursday.

technologyNews reuters.com

Australia's ASX selects blockchain to cut costs

(Reuters) - Australia's ASX Ltd said on Thursday it would replace its registry, settlement and clearing system with blockchain technology to cut costs for customers.

technologyNews reuters.com

ASX selects distributed ledger technology to replace CHESS

(Reuters) - Australia's main bourse ASX Ltd on Thursday said it would replace its existing technology used to record shareholdings and manage the clearing and settlement of equity transactions in Australia, with blockchain developed by its technology partner Digital Asset (DA).

sportsNews reuters.com

IOC's Bach met with Russian doping whistleblowers

LAUSANNE, Switzerland (Reuters) - International Olympic Committee (IOC) President Thomas Bach met with Russian whistleblowers Vitaly and Yulia Stepanov, who were responsible for helping uncover one of the biggest doping scandals in sport, he said on Wednesday.

technologyNews reuters.com

Israeli firm's spyware used against Ethiopian dissidents: Canadian group

TORONTO/TEL AVIV (Reuters) - Surveillance software from Israeli defense contractor Elbit Systems Ltd was used in an espionage campaign targeting Ethiopian dissidents living outside the East African nation, a Canadian research institute said on Wednesday.

companyNews reuters.com

UPDATE 1-Brazil auto sales to beat 2017 forecast, pick up in 2018 -industry

SAO PAULO, Dec 6 (Reuters) - Auto sales in Brazil are likely to beat prior forecasts and accelerate next year, national automakers association Anfavea said on Wednesday, underscoring the gathering strength of a recovery in Latin America's largest economy.

technologyNews reuters.com

Researchers say Ethiopia used Elbit products to spy on dissidents

TEL AVIV (Reuters) - Israeli defense company Elbit Systems' shares fell 1.7 percent in premarket Nasdaq trade after researchers claimed Ethiopia used products made by its Cyberbit unit to spy on dissidents.

technologyNews reuters.com

High tech, high finance and high times for U.S. pot industry

(Reuters) - Two years ago, Alan Gertner was head of Google's Asia-Pacific sales team in Singapore, handling more than $100 million in business.

technologyNews reuters.com

Farming startup Indigo raises $203 million with help from Dubai fund

SAN FRANCISCO (Reuters) - Farming technology startup Indigo has raised more than $200 million from investors to fund its efforts to reform how crops including wheat, soybeans, cotton and corn are grown around the world.

companyNews reuters.com

BRIEF-Acerus Enters Into Loan Facility To Support Anticipated Product Launch And Sales And Marketing Initiatives

* ACERUS ENTERS INTO LOAN FACILITY TO SUPPORT ANTICIPATED PRODUCT LAUNCH AND SALES AND MARKETING INITIATIVES

technologyNews reuters.com

Ireland says yet to agree exact date for Apple to start transferring tax funds

DUBLIN (Reuters) - Ireland expects Apple to start paying up to 13 billion euros ($15.36 billion) in back taxes into an escrow account once it is set up at the end of January, but an exact date has yet to be agreed.

businessNews reuters.com

Home Depot sets new $15 billion buyback, long-term sales target

(Reuters) - Home Depot Inc , the largest U.S. home improvement chain, on Wednesday announced a new $15 billion share buyback plan and set a target to grow annual sales to between $114.7 billion and $119.8 billion for the year ending January 2021.

businessNews reuters.com

Luxury brands lifted by EU court backing for online sales ban

LUXEMBOURG (Reuters) - Coty and other luxury brands scored a landmark victory on Wednesday in their bid to stop retailers selling their products on online platforms such as Amazon and eBay when Europe's top court backed their right to protect their image.

businessNews reuters.com

Exclusive: Ford set for China tie-up with Alibaba to test online, direct auto sales - source

BEIJING (Reuters) - Ford Motor Co is expected to sign as early as Thursday a deal with Alibaba Group Holding Ltd which may allow the U.S. automaker to test selling cars to consumers in China through Alibaba's online retail arm Tmall, as well as via a new “auto vending machine” store concept, according to a Ford source familiar with the matter.

businessNews reuters.com

Luxury brands boosted by court ruling for online sales ban

LUXEMBOURG (Reuters) - Coty and other luxury brand owners scored an important victory on Wednesday in their bid to prevent retailers selling their products on online platforms such as Amazon and eBay after Europe's top court said they have the right to do so to preserve their image.

technologyNews reuters.com

Singapore drone frees your fingers to take photos

SINGAPORE (Reuters) - As more people shoot pictures and videos from consumer drones, researchers in Singapore have found a way round the frustrating task of framing and taking photos while manually piloting the craft. 

National Parks, Monuments and Seashores nytimes.com

At Three National Monuments, Quiet Trails and Questions About the Future

This week President Trump sharply reduced the size of two monuments; plans for many others are unclear. What are these places like for visitors? We explored a few.

companyNews reuters.com

REFILE-UPDATE 1-Luxury brands boosted by court ruling for online sales ban

LUXEMBOURG, Dec 6 (Reuters) - Coty and other luxury brand owners scored an important victory on Wednesday in their bid to prevent retailers selling their products on online platforms such as Amazon and eBay after Europe's top court said they have the right to do so to preserve their image.

companyNews reuters.com

UPDATE 1-Luxury brands boosted by court ruling for online sales ban

LUXEMBOURG, Dec 5 (Reuters) - Coty and other luxury brand owners scored an important victory on Wednesday in their bid to prevent retailers selling their products on online platforms such as Amazon and eBay after Europe's top court said they have the right to do so to preserve their image.

businessNews reuters.com

Europe's top court says Coty can impose online sales ban

BRUSSELS (Reuters) - U.S. cosmetics company Coty can block retailers from selling their products on online platforms, Europe's top court said on Wednesday.

technologyNews reuters.com

Apple's Cook optimistic that apps pulled in China will be back

HONG KONG (Reuters) - Apple Inc is optimistic that some of its popular apps removed from its China App Store this year to comply with government requests will be reinstated, the U.S. tech giant's Chief Executive Tim Cook said on Wednesday.

technologyNews reuters.com

Maduro's cryptocurrency to fare no better than Venezuela itself: analysts

CARACAS (Reuters) - Venezuela's plan to create an oil-backed cryptocurrency faces the same credibility problems that dog the ruling Socialist Party in financial markets and is unlikely to fare any better than the struggling OPEC member itself, investors and technical experts say.

worldNews reuters.com

Three charged in Malta for murder of anti-corruption journalist

VALLETTA (Reuters) - A magistrate on Tuesday charged three men with murder over a car-bomb blast that killed anti-corruption journalist Daphne Caruana Galizia, court officials said.

companyNews reuters.com

BRIEF-S&P Lowers PDVSA's Debt Rating On Senior Unsecured Notes Due 2017 To 'D'

* SAYS PETROLEOS DE VENEZUELA DEBT RATING ON SENIOR UNSECURED NOTES DUE 2017 LOWERED TO 'D' ON MISSED INTEREST PAYMENT

technologyNews reuters.com

Maduro's cryptocurrency to fare no better than Venezuela itself

CARACAS (Reuters) - Venezuela's plan to create an oil-backed cryptocurrency faces the same credibility problems that dog the ruling Socialist Party in financial markets and is unlikely to fare any better than the struggling OPEC member itself, investors and technical experts say.

technologyNews reuters.com

Xunlei tumbles as cryptocurrency worries swirl

(Reuters) - Shares in Chinese technology company Xunlei Ltd sank 12 percent on Tuesday, taking falls in the stock past 40 percent in two weeks as investors debated whether the company is set to benefit or suffer from a boom in cryptocurrency stock plays.

technologyNews reuters.com

Wal-Mart to integrate physical, online units in Brazil

(Reuters) - The Brazilian unit of Wal-Mart Stores Inc. has decided to integrate its physical retail and e-commerce activities, as well as expand its so-called online marketplace operations, the company said in a statement on Tuesday.

technologyNews reuters.com

Dish co-founder Ergen steps down from CEO role to focus on wireless

(Reuters) - Dish Network Corp said on Tuesday co-founder Charlie Ergen has stepped down from his chief executive role to devote more time to build out the company's wireless business.

technologyNews reuters.com

Dish Network founder steps down from CEO role to focus on wireless

(Reuters) - Dish Network Corp said on Tuesday Chief Executive Charlie Ergen has stepped down to devote more time to the company's emerging wireless business.

technologyNews reuters.com

Bitcoin hits new record high of $11,850

LONDON (Reuters) - Bitcoin powered to a record high of $11,850 on Tuesday, continuing its surge from below $1,000 at the start of the year.

technologyNews reuters.com

International police operation shuts down 'Andromeda' malware system

AMSTERDAM (Reuters) - A joint operation involving Germany, the United States and Belarus has taken down a malware system known as "Andromeda" or "Gamarue" that infected more than 2 million computers globally, Europol said on Tuesday.

technologyNews reuters.com

'Smart bags' may not fly if battery cannot be removed

GENEVA (Reuters) - "Smart suitcases" may be able to charge mobile phones or be easily found if misplaced, but unless their battery can be removed they risk being sent packing by the world's airlines.

technologyNews reuters.com

Exclusive: More Chinese lenders plan to pursue RCom in insolvency court - sources

HONG KONG/MUMBAI/BEIJING (Reuters) - Two major Chinese lenders plan to support a move by China Development Bank to put Indian wireless carrier Reliance Communications (RCom) into insolvency court as they seek to recover about $2 billion in debt, said three people with knowledge of the matter.

technologyNews reuters.com

iPhone market share slips in October-quarter: research firm

(Reuters) - The market share of Apple Inc's iPhone declined in key regions in the three months ended October, hurt by the unavailability of the iPhone X during that time, research firm Kantar Worldpanel ComTech said on Tuesday.

companyNews reuters.com

Brazil's BR Malls in talks to sell three malls - filing

SAO PAULO, Dec 5 (Reuters) - Brazilian mall operator BR Malls Participações SA is in talks to sell three shopping malls, it said in a securities filing on Tuesday in response to a query from capital markets regulator CVM.

technologyNews reuters.com

Chinese investor increases stake in Dialog Semi to over 7 percent

FRANKFURT (Reuters) - China's top state silicon chipmaker has indirectly raised its stake in Dialog Semiconductor , whose share price has plummeted on signs it could lose its top customer Apple Inc .

companyNews reuters.com

BRIEF-Wex Inc Announced Three-Year Fleet Card Contract With Verizon

* WEX INC - ANNOUNCED THREE-YEAR FLEET CARD CONTRACT WITH VERIZON Source text for Eikon: Further company coverage:

technologyNews reuters.com

Chinese investor lifts stake in Dialog Semi to over 7 percent

FRANKFURT (Reuters) - An investment vehicle owned by Tsinghua Unigroup Ltd, China's top state silicon chipmaker, has raised its stake in Anglo-German Dialog Semiconductor to 7.15 percent, according to a regulatory filing on Tuesday.

companyNews reuters.com

UK new car sales on course for first annual drop since 2011

LONDON, Dec 5 (Reuters) - British new car registrations dropped 5 percent in the year to date, putting them on track for the first annual fall since 2011, hit by weaker consumer confidence and uncertainty over the future of diesel, an industry body said on Tuesday.

companyNews reuters.com

UPDATE 2-Ford ramps up electric vehicle push in China amid slowing sales

* China pushing market towards new-energy vehicles (Adds pictures to media information)

businessNews reuters.com

Ford ramps up electric vehicle push in China amid slowing sales

SHANGHAI (Reuters) - Ford Motor Co will launch 50 new vehicles in China by 2025, including 15 electrified vehicles, the U.S. firm said at an event in Shanghai on Tuesday, as it looks to rev up sales growth in the market and shift towards cleaner electric cars.

companyNews reuters.com

UPDATE 1-Ford ramps up electric vehicle push in China amid slowing sales

* China pushing market towards new-energy vehicles (Adds details, executive comments)

companyNews reuters.com

GM says China November vehicle sales up 13 pct y/y

BEIJING, Dec 5 (Reuters) - General Motors Co's sales in China rose 13 percent in November from a year ago to 418,225 vehicles, following an increase of 11 percent in October, the company said on Tuesday.

technologyNews reuters.com

Australian retailers rally as Amazon gets cool reception

SYDNEY (Reuters) - Amazon.com Inc's Australian arm took its first orders on Tuesday, ending the suspense over its opening date and sending retail stocks higher amid complaints of limited product range and uncompetitive prices on the U.S. e-commerce platform.

technologyNews reuters.com

Nissan, DeNA schedule public tests of self-driving car service in Japan next year

TOKYO (Reuters) - Nissan Motor Co and Japanese gaming software maker DeNA Co said on Tuesday they would begin public tests of their self-driving ride-sharing service in Japan next year.

companyNews reuters.com

Australian new vehicle sales notch a record November-industry

SYDNEY, Dec 5 (Reuters) - Australian new vehicle sales posted a second consecutive month of solid gains in November, with strong demand in the commercial sector pointing to a continued pick up in business spending.

companyNews reuters.com

BRIEF-Hardwoods Distribution ‍Estimates That About 11% Of Its Total Sales Is Product Imported From China That Would Be Subject To Trade Case​

* HARDWOODS ANNOUNCES UPDATE REGARDING US TRADE INVESTIGATION AGAINST CHINESE IMPORT PLYWOOD

companyNews reuters.com

BRIEF-Haverty Furniture Q4 Comparable Sales Down 1.3 Pct

* HAVERTYS TOTAL SALES FOR Q4 THROUGH NOVEMBER 30 ARE FLAT WITH SAME PERIOD LAST YEAR

businessNews reuters.com

BMW expects jump in electric car sales in 2018: R&D chief

MUNICH (Reuters) - BMW expects its sales of electric and hybrid vehicles to jump next year, its research and development chief said as the premium carmaker races to catch up with rivals such as U.S. electric car pioneer Tesla .

companyNews reuters.com

BMW expects jump in electric car sales in 2018 - R&D chief

MUNICH, Dec 5 (Reuters) - BMW expects its sales of electric and hybrid vehicles to jump next year, its research and development chief said as the premium carmaker races to catch up with rivals such as U.S. electric car pioneer Tesla.

technologyNews reuters.com

U.S. SEC's cyber unit files charges in alleged initial coin offering fraud

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Monday its newly created cyber unit had filed its first charges against an "initial coin offering" (ICO), alleging that a privately held company called PlexCorps and its top two officials had defrauded investors.

companyNews reuters.com

BRIEF-Daseke Adds Three Companies

* DASEKE ADDS THREE COMPANIES; ANNUAL REVENUE RUN RATE GROWS TO $1.2 BILLION Source text for Eikon: Further company coverage:

technologyNews reuters.com

NY attorney general asks for net neutrality vote to be put off

WASHINGTON (Reuters) - New York's attorney general urged the Federal Communications Commission to delay a vote rolling back net neutrality rules because of the large number of fake comments submitted to the agency on the issue.

technologyNews reuters.com

Siemens, Brazilian prosecutors eyeing settlement over bribery lawsuit: newspaper

RIO DE JANEIRO (Reuters) - German industrial group Siemens AG is negotiating a settlement worth more than 1 billion reais ($307 million) with Brazilian state prosecutors over a civil case related to probes into whether bribes were paid to win train contracts, according to a Monday newspaper report.

companyNews reuters.com

BRIEF-Ascena Retail Group Says Q1 Same Store Sales Fell 5 Pct

* ASCENA RETAIL GROUP INC REPORTS FIRST QUARTER RESULTS AND PROVIDES GUIDANCE FOR SECOND QUARTER OF FISCAL 2018; FIRST QUARTER GAAP EPS OF $0.03; NON-GAAP ADJUSTED EPS OF $0.11; COMPARABLE SALES DOWN 5 PCT

businessNews reuters.com

Exclusive: Major U.S. trucking firm Daseke buys three firms

SEATTLE (Reuters) - Daseke Inc , the largest owner of flatbed equipment in North America, has acquired three trucking firms in deals aimed at gaining access to higher margin freight, the company said on Monday.

technologyNews reuters.com

Self-driving costs could drop 90 percent by 2025, Delphi CEO says

DETROIT (Reuters) - Delphi Automotive Plc, which is changing its name to Aptiv Inc, wants to cut the cost of self-driving cars by more than 90 percent to around $5,000 by 2025, according to Chief Executive Officer Kevin Clark.

technologyNews reuters.com

Micro-lender China Rapid Finance spots opportunity in new rules

BEIJING (Reuters) - China Rapid Finance will make any adjustments needed to its business practices and the fees it charges in response to Bejing's new requirements to clean up fast-growing online micro-lenders, its chief executive Zane Wang said on Monday.

technologyNews reuters.com

Facebook rolls out messenger app for kids under 13

(Reuters) - Facebook Inc on Monday rolled out Messenger Kids, an app that lets the world's biggest social media company expand into a so-far untapped market of kids under 13 while also giving parents complete control over what their children see.

technologyNews reuters.com

Chipmaker Dialog plunges further on fears Apple could go it alone

LONDON/FRANKFURT (Reuters) - Shares in Dialog Semiconductor dropped as much as 23 percent on Monday after the company acknowledged for the first time that top customer Apple could develop its own battery-saving chips used in iPhones.

technologyNews reuters.com

SEC's cyber unit files charges in alleged initial coin offering fraud

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Monday its newly created cyber unit had filed its first charges against an "initial coin offering" (ICO), alleging that a privately held company called PlexCorps and its top two officials had defrauded investors.

companyNews reuters.com

Canadian auto sales could hit 2 mln in 2017- industry group

Dec 4 (Reuters) - Canadian auto sales dipped 1.2 percent in November from last year but could hit the two million milestone for the first time, according to data released by an automotive industry research firm.

technologyNews reuters.com

Direct Line offers 5-percent Tesla 'auto-pilot' incentive

(Reuters) - Britain's largest motor insurer Direct Line is offering Tesla Inc drivers in Britain a 5-percent discount for switching on the car's autopilot system, seeking to encourage use of a system it hopes will cut down on accidents.

technologyNews reuters.com

SEC's Cyber Unit files first charges, alleges fraud scheme

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Monday said its new Cyber Unit has filed its first charges, alleging that a privately held company called PlexCorps and its top two officials had defrauded investors.

companyNews reuters.com

Marcato reduces its nominees to Deckers board to three from nine

Dec 4 (Reuters) - Activist hedge fund Marcato Capital Management said on Monday it would reduce the number of nominees on its slate for Deckers Outdoor Corp's board to three from nine.

topNews reuters.com

Fed rate hike expected next week, three hikes expected in 2018: Reuters poll

BENGALURU (Reuters) - The U.S. Federal Reserve is almost certain to raise interest rates later this month, according to a Reuters poll of economists, a majority of whom now expect three more rate rises next year compared with two when surveyed just weeks ago.

companyNews reuters.com

BRIEF-Aerie Pharmaceuticals Appoints Heather Johnson As Regional Sales Director For Northeast Region

* AERIE PHARMACEUTICALS ANNOUNCES APPOINTMENT OF HEATHER JOHNSON AS REGIONAL SALES DIRECTOR FOR THE NORTHEAST REGION Source text for Eikon: Further company coverage:

technologyNews reuters.com

Facebook opens new London hub, to create 800 UK jobs

LONDON (Reuters) - Facebook opened its new London office on Monday and said it would add another 800 jobs in the capital next year, underlining its commitment to Britain as the country prepares for Brexit.

businessNews reuters.com

French bank Natixis bets on fixed-income, equity derivatives to grow Asia sales

HONG KONG (Reuters) - Natixis SA aims to boost Asia's share of its corporate and investment banking sales to more than 15 percent over the next couple of years, as the French bank expands in areas such as fixed-income and equity derivatives, its chief executive said.

technologyNews reuters.com

China think tank calls for 'democratic' internet governance

WUZHEN, China (Reuters) - China ranks fifth among 38 nations globally in standards of cyber governance, a top state-backed internet think tank said on Monday, calling for a 'democratic' internet governance system to eradicate inequalities it said marginalized developing nations.

technologyNews reuters.com

TIM's board to discuss network options this week: source

MILAN (Reuters) - The board of Telecom Italia (TIM) will this week discuss options for its fixed-line network, including possibly splitting it off, although no decision is expected to be made, a source close to the company said on Sunday.

technologyNews reuters.com

Apple's Tim Cook says developers have earned $17 billion from China App Store

WUZHEN, China (Reuters) - Apple Inc's chief executive Tim Cook said developers using its platform in China number 1.8 million and have earned a total 112 billion yuan ($16.93 billion), representing roughly a quarter of total global App Store earnings.

technologyNews reuters.com

For security agencies, blockchain goes from suspect to potential solution

(Reuters) - Police and security agencies have so far only taken an interest in blockchain - the distributed ledger technology behind cryptocurrencies like bitcoin - for tracking criminals hiding illegal money from banks.

technologyNews reuters.com

China's Xi says country will not close door to global internet

WUZHEN, China (Reuters) - Chinese President Xi Jinping said the country will not close its door to the global internet, but that cyber sovereignty is key to the development of the internet.

technologyNews reuters.com

Fiat Chrysler CEO says in talks with Hyundai on tech partnership

ARESE, Italy (Reuters) - Fiat Chrysler Automobiles is in talks with South Korea's Hyundai about a technical partnership, but there are no merger talks between the two, FCA Chief Executive Sergio Marchionne said on Saturday.

technologyNews reuters.com

India's Infosys taps Capgemini executive Parekh as CEO

MUMBAI (Reuters) - Infosys, India's No.2 IT services company, named Salil S Parekh as chief executive on Saturday, picking an outsider for the job for a second time and handing him the twin challenges of reviving growth and forging peace between its founders and board following a public spat.

technologyNews reuters.com

India's Infosys appoints outsider Parekh as CEO

MUMBAI (Reuters) - Infosys, India's No.2 IT services company, named Salil S Parekh as chief executive on Saturday, picking an outsider for the job a second time and handing him the twin challenges of reviving growth and making peace between its founders and board.

technologyNews reuters.com

UK cyber agency targets Kaspersky in warning on Russian software

(Reuters) - Britain's main cyber security agency on Friday warned British government agencies to avoid using anti-virus software from Russian companies, the latest in a series of moves targeting Moscow-based security software maker Kaspersky Lab.

technologyNews reuters.com

UK bans Kaspersky software from departments responsible for national security: FT

(Reuters) - The British government has banned its departments responsible for national security from using software made by Russia's Kaspersky Labs, the Financial Times reported on Friday, citing a letter sent to government officials. http://on.ft.com/2BuuWPU

domesticNews reuters.com

Turkish gold trader testifies on bank executive's role in sham food sales

NEW YORK (Reuters) - A Turkish-Iranian gold trader testifying for U.S. prosecutors in a New York court on Friday gave his most detailed account yet of how he claims an executive of Turkey's state-owned Halkbank devised key parts of a plan to launder money for Iran through fake food sales.

companyNews reuters.com

UPDATE 3-November mixed for U.S. sales as automakers hike discounts

DETROIT, Dec 1 (Reuters) - Major automakers posted mixed U.S. November new vehicle sales on Friday and predicted a competitive December as they rush to sell vehicles and boost their 2017 numbers before the year comes to an end.

companyNews reuters.com

Turkish gold trader testifies on bank exec's role in sham food sales

By Brendan Pierson NEW YORK, Dec 1 (Reuters) - A Turkish-Iranian gold trader testifying for U.S. prosecutors in a New York court on Friday gave his most detailed account yet of how he claims an executive of Turkey's state-owned Halkbank devised key parts of a plan to launder money for Iran through fake food sales. The executive, Mehmet Hakan Atilla, is on trial on charges that he took part in a scheme to violate U.S sanctions against Iran. The gold trader, Reza Zarrab, ple

companyNews reuters.com

BRIEF-Mazda North American Reports Total November U.S. Sales Of 21,469 Vehicles, Down 2.6 Pct

* MAZDA NORTH AMERICAN SAYS REPORTED TOTAL NOVEMBER U.S. SALES OF 21,469 VEHICLES, DOWN 2.6 PERCENT Source text for Eikon: Further company coverage:

businessNews reuters.com

Three Uber security managers resign after CEO criticizes practices

SAN FRANCISCO/WASHINGTON (Reuters) - Three senior managers in Uber Technologies Inc's security unit resigned on Friday, an Uber spokesperson said, days after the company's new chief executive officer disclosed a massive data breach and criticized past practices.

companyNews reuters.com

UPDATE 1-Three Uber security managers resign after CEO criticizes practices

SAN FRANCISCO/WASHINGTON, Dec 1 (Reuters) - Three senior managers in Uber Technologies Inc's security unit resigned on Friday, an Uber spokesperson said, days after the company's new chief executive officer disclosed a massive data breach and criticized past practices.

technologyNews reuters.com

Samsung to chase big M&A deals on three fronts, says strategy chief

HELSINKI (Reuters) - Samsung Electronics' $8 billion purchase of automotive and audio electronics company Harman has given the technology conglomerate confidence to chase more big deals, its strategy chief said on Friday.

technologyNews reuters.com

Intesa CEO warns of Bitcoin 'bubble', urges global regulation: TV

MILAN (Reuters) - The head of Italy's top retail bank Intesa Sanpaolo joined a growing chorus of Bitcoin critics, calling the wild gyrations in the price of the cryptocurrency a speculative bubble and saying global regulatory scrutiny was essential.

companyNews reuters.com

UPDATE 1-General Motors, Ford report fall in Canada auto sales

Dec 1 (Reuters) - General Motors Co and Ford Motor Co on Friday reported a drop in Canadian auto sales for November.

worldNews reuters.com

Turkish court acquits two of three defendants in case against hunger strikers

ISTANBUL (Reuters) - A Turkish court on Friday acquitted two of three defendants in a case against hunger strikers, and sentenced the third to six years and three months in jail and ordered her release pending appeals process, defense attorneys told Reuters.

companyNews reuters.com

UPDATE 2-November mixed for U.S. sales as automakers hike discounts

DETROIT, Dec 1 (Reuters) - Major automakers posted mixed U.S. November new vehicle sales on Friday and predicted a competitive December as they rushed to sell vehicles and boost their 2017 numbers before the year comes to an end.

companyNews reuters.com

BRIEF-Kia Motors America Says November Sales Of 44,302 Vehicles Vs 52,504 Vehicles

* KIA MOTORS AMERICA SAYS NOVEMBER SALES OF 44,302 VEHICLES VERSUS 52,504 VEHICLES Source text : (http://bit.ly/2BpQBsQ) Further company coverage:

companyNews reuters.com

BRIEF-Mercedes-Benz USA Reports November Sales Of 30,838 Units, up 1.6 Pct

* MERCEDES-BENZ USA SAYS REPORTED NOVEMBER SALES OF 30,838 UNITS, AN INCREASE OF 1.6% Source text for Eikon: Further company coverage:

companyNews reuters.com

BRIEF-Subaru Of America Reports 51,721 Vehicle Sales For November

* SUBARU OF AMERICA - REPORTS 51,721 VEHICLE SALES FOR NOVEMBER 2017, A 0.8 PERCENT INCREASE OVER NOVEMBER 2016 Source text: (http://bit.ly/2AyYIX2) Further company coverage:

technologyNews reuters.com

U.S. regulator to allow CME, CBOE to list bitcoin futures

WASHINGTON (Reuters) - The U.S. derivatives regulator said on Friday it would allow CME Group Inc and CBOE Global Markets Inc to list bitcoin futures, after the rival bourses showed their proposed contracts and trading arrangements met necessary requirements.

companyNews reuters.com

GM Canada auto sales fall 17.2 pct in November

Dec 1 (Reuters) - General Motors Co said on Friday its total vehicle sales in Canada fell 17.2 percent in November from a year earlier.

businessNews reuters.com

Major automakers post mixed November U.S. sales results

DETROIT (Reuters) - Major automakers posted mixed U.S. November new vehicle sales for November on Friday, with General Motors Co and Fiat Chrysler Automobiles NV (FCA) down largely on lower fleet sales, while Ford Motor Co's sales rose.

technologyNews reuters.com

'Clash of Clans' maker Supercell banks on few games

HELSINKI (Reuters) - "Clash of Clans" maker Supercell will focus on a few mobile games and kill off those which it does not expect to become a top-10 global hit, its chief executive said on Friday.

companyNews reuters.com

BRIEF-Ford U.S. Sales Totaled 210,771 Vehicles For Nov, a 6.7 Pct Gain Over 2016‍​

* FORD SALES UP 6.7 PERCENT IN NOVEMBER; F-SERIES ACHIEVES BEST SALES IN 16 YEARS, WHILE FORD SUVS POST BRAND’S BEST NOVEMBER SALES IN 17 YEARS

sportsNews reuters.com

IOC bans three more Russian athletes for life over doping

LAUSANNE (Reuters) - The International Olympic Committee (IOC) said on Friday it had banned two Russian cross-country skiers, Yulia Chekaleva and Anastasia Dotsenko, and Russian biathlete Olga Zaytseva for life from the Olympics over Sochi 2014 doping allegations.

environmentNews reuters.com

Three years too short to replace glyphosate, French farmers say

NIOVILLE, France (Reuters) - President Emmanuel Macron's promise to rid France of controversial weedkiller glyphosate within three years has left some farmers in the European Union's largest grain producing country on edge.

technologyNews reuters.com

Tencent Music, Spotify in talks to swap stakes: WSJ

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

Art nytimes.com

Gifts Tied to Opioid Sales Invite a Question: Should Museums Vet Donors?

The issue of how museums raise their money has resurfaced in the case of the Sacklers, a family of philanthropists whose company developed OxyContin.

businessNews reuters.com

Nissan's Japan car sales slide for second month after compliance scandal

TOKYO (Reuters) - Nissan Motor Co's sales of domestic passenger cars fell by almost half in November - its second straight month of slides in the wake of a compliance scandal and its first since it resumed production of cars for the home market.

cnn.com

Vice fires three employees amid investigations into sexual harassment

Vice Media fired three employees on Thursday amid a probe into sexual harassment and improper workplace conduct, according to a memo obtained by CNNMoney.

environmentNews reuters.com

China's carbon intensity falls four percent in first three quarters: official

SHANGHAI (Reuters) - China's carbon intensity - the level of carbon emissions per unit of economic growth - fell about 4 percent in the first three quarters of 2017, putting the country on track to meet its five-year targets, a senior official said.

environmentNews reuters.com

China's carbon intensity falls 4 percent in first three quarters: official

SHANGHAI (Reuters) - China's carbon intensity - the level of carbon emissions per unit of economic growth - fell about 4 percent in the first three quarters of 2017, putting the country on track to meet its five-year targets, a senior official said.

companyNews reuters.com

BRIEF-Pennantpark Floating Rate Capital Q4 Sales And Repayments Of Investments $91.7 Million

* Pennantpark Floating Rate Capital Ltd ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FISCAL YEAR ENDED SEPTEMBER 30, 2017

PersonalFinance reuters.com

Hedge fund Hutchin Hill shuts down after three bad years

BOSTON (Reuters) - Hedge fund manager Neil Chriss said on Thursday he is closing his $2.2 billion firm Hutchin Hill Capital LP after three years of poor performance.

companyNews reuters.com

BRIEF-Flowers Foods Says ‍on Nov. 29, Co Entered Into Sixth Amendment To Amended Credit Agreement

* FLOWERS FOODS SAYS ON NOV 29, CO ENTERED INTO SIXTH AMENDMENT TO EXTEND MATURITY DATE OF EXISTING CREDIT AGREEMENT TO NOVEMBER 29, 2022 - SEC FILING

technologyNews reuters.com

WhatsApp service resumes after worldwide outage

SAN FRANCISCO (Reuters) - Popular messaging app WhatsApp said on Thursday that users around the world had been unable to access its service for a brief period, but that access for its 1 billion daily users had since resumed.

cnn.com

One year, three devastating hurricanes

The 2017 hurricane season may end up being the most expensive ever. Here's a look back.

businessNews reuters.com

Enbridge shares climb after company announces $2.3 billion in asset sales

CALGARY, Alberta (Reuters) - Enbridge Inc shares jumped as much as 6.2 percent on Thursday after North America's largest energy infrastructure company announced plans to sell C$3 billion ($2.3 billion) of noncore assets to focus on its central business.

businessNews reuters.com

VW brand forecasts record sales of over 6 million models

WOLFSBURG, Germany (Reuters) - The Volkswagen car brand expects deliveries to hit a record this year and raised its midterm profitability forecast on Thursday, citing cost cuts and expanding ranges of higher-margin models.

companyNews reuters.com

UPDATE 1-VW brand forecasts record sales of over 6 million models

* VW brand eyes 4-5 pct 2020 margin vs 4 pct or more previously

businessNews reuters.com

Sears' shares soar as loss narrows; sales continue decline

(Reuters) - Sears Holdings Corp cut its third quarter loss by almost $200 million compared to a year ago, the company said on Thursday, benefiting from lower operating costs as it shut scores of Kmart and Sears outlets.

technologyNews reuters.com

'Bomb on board' wi-fi network causes Turkish Airlines flight to be diverted

ANKARA (Reuters) - A Turkish Airlines flight from Nairobi to Istanbul was diverted after the detection of a wi-fi network called "bomb on board" that alarmed the passengers, the airline said on Thursday.

technologyNews reuters.com

Juniper shares drop after Nokia denies takeover chatter

(Reuters) - Shares of Juniper Networks Inc fell 8 percent in pre-market trade on Thursday after Finland's Nokia denied reports that it was in talks to buy the U.S. network gear maker.

technologyNews reuters.com

Spotify investor favors spring listing

HELSINKI (Reuters) - Venture Capital firm Northzone, one of the largest stakeholders in Spotify, would like to see the music streaming company's flotation in the spring, depending on market sentiment, one of its partners said on Thursday.

businessNews reuters.com

VW brand lifts midterm profit outlook on higher-margin cars, cost cuts

WOLFSBURG, Germany (Reuters) - Volkswagen's core autos division has raised its midterm outlook for profitability on cost cuts and a planned rollout of higher-margin models, and expects deliveries to hit a new record this year.

technologyNews reuters.com

Executive who drove Uber's international expansion leaves

LONDON (Reuters) - Jambu Palaniappan, a driving force in the rapid international expansion of ride-hailing pioneer Uber, said on Thursday he was leaving to join a venture capital firm, the latest in more than a dozen top executive departures this year.

businessNews reuters.com

Sears narrows loss, sales fall for 24th quarter

(Reuters) - Sears Holdings Corp cut its third quarter loss by almost $200 million compared to a year ago, the company said on Thursday, benefiting from lower costs of operations as it shut scores of its Kmart and Sears outlets.

companyNews reuters.com

UPDATE 2-Sears narrows loss, sales fall for 24th quarter

* Sales still falling (Adds details about 'going concern' doubts, debt and pension liabilities, share move)

companyNews reuters.com

BRIEF-Kraken Reports Revenues For Three Months Ended September 30, 2017 Were $1.6 Mln

* KRAKEN ROBOTICS INC- REVENUES FOR THREE MONTHS ENDED SEPTEMBER 30, 2017 WERE $1.6 MILLION COMPARED TO $0.9 MILLION

businessNews reuters.com

Sears comp sales continue to fall, loss in line with forecast

(Reuters) - Sears Holdings Corp continued its streak of declining sales in the third quarter, reporting a double-digit drop in comparable sales at its Sears and Kmart chains.

technologyNews reuters.com

NATO mulls 'offensive defense' with cyber warfare rules

TARTU, Estonia (Reuters) - A group of NATO allies are considering a more muscular response to state-sponsored computer hackers that could involve using cyber attacks to bring down enemy networks, officials said.

technologyNews reuters.com

Europe draws in nearly half of funds raised via initial coin offerings: report

LONDON (Reuters) - Nearly half of the cash that has poured into newly issued cryptocurrencies in recent years has been raised in Europe, research published on Thursday showed.

companyNews reuters.com

BRIEF-Costco quarterly sales rise 13.3 percent to $31.13 bln

* Q1 SALES ROSE 13.3 PERCENT TO $31.13 BILLION Source text for Eikon: Further company coverage:

companyNews reuters.com

Fitch sees U.S. auto sales for 2018 at 16.8 mln units

DETROIT, Nov 29 (Reuters) - Fitch Ratings said it expects U.S. new vehicle sales to drop slightly in 2018, which "could weigh a bit" on General Motors Co and Ford Motor Co because of the importance of their home market on their overall earnings performance.

vis-multimedia nytimes.com

The Stories Behind Three Anti-Muslim Videos Shared by Trump

A look at the clips retweeted by President Trump suggests that the events shown are more complex than first appears. Here is what we know about them.

technologyNews reuters.com

Facebook to eliminate transaction fees on donations on its platform

NEW YORK (Reuters) - Facebook Inc has eliminated transaction fees on donations made to non-profit organizations on its platform, Chief Executive Mark Zuckerberg said on Wednesday, a change that could help the world's largest social media network expand its presence in online fund raising.

politicsNews reuters.com

U.S. arms sales jump 25 percent in FY 2017

(Reuters) - The U.S. Defense Security Cooperation Agency, which implements foreign arms sales, on Wednesday announced sales of $41.93 billion for fiscal 2017, a 25 percent rise from a year earlier.

businessNews reuters.com

U.S. third-quarter economic growth fastest in three years

WASHINGTON (Reuters) - The U.S. economy grew faster than initially thought in the third quarter, notching its quickest pace in three years, buoyed by robust business spending on equipment and an accumulation of inventories.

technologyNews reuters.com

Amazon adopts open cloud technology as competition heats up

LAS VEGAS (Reuters) - Amazon.com Inc on Wednesday announced its adoption of Kubernetes, a popular open-source technology, in a sign of increased competition in the cloud computing business, which Amazon Web Services has long dominated.

technologyNews reuters.com

U.S. high court justices raise privacy worries in major cellphone case

WASHINGTON (Reuters) - U.S. Supreme Court justices signaled on Wednesday they may impose limits on the ability of police to obtain cellphone data from wireless providers to track the location of criminal suspects in a major test of privacy rights in the digital age.

worldNews reuters.com

Three dead bodies pulled from sea near Spain after migrant boat sinks

MADRID (Reuters) - Spanish rescue services pulled three drowned men from the Strait of Gibraltar after rescuing one man from a half-sunken, rickety boat and another from the open sea, an emergency services spokeswoman said on Wednesday.

technologyNews reuters.com

Supreme Court justices raise privacy concerns in major cellphone case

WASHINGTON (Reuters) - U.S. Supreme Court justices raised concerns on Wednesday about the ability of police to obtain information on the past locations of criminal suspects using cellphone data from wireless providers without a warrant in a major test of privacy rights in the digital age.

companyNews reuters.com

Unilever spreads auction narrows with three funds left - sources

LONDON, Nov 29 (Reuters) - Private equity firms Apollo , KKR and CVC Capital Partners are the final three parties left bidding for Unilever's margarine and spreads business, sources familiar with the matter said, as the process moves towards its final round.

technologyNews reuters.com

Walking the dog? Motion monitor to aid actors playing pooches

BATH, England (Reuters) - From a poodle's strut to a basset hound's lolloping gait, scientists plan to capture the movements of different breeds to make on-screen animated dogs played by humans more authentic.

technologyNews reuters.com

Nasdaq to launch bitcoin futures contract in 2018: source

NEW YORK (Reuters) - Nasdaq Inc plans to launch a futures contract based on bitcoin in 2018, making it the third U.S.-based exchange operator to plan derivatives contracts off of the notoriously volatile digital currency, a source with knowledge of the matter said on Wednesday.

technologyNews reuters.com

Over half of public comments to FCC on net neutrality appear fake: study

WASHINGTON (Reuters) - More than half of the 21.7 million public comments submitted to the U.S. Federal Communications Commission about net neutrality this year used temporary or duplicate email addresses and appeared to include false or misleading information, the Pew Research Center said on Wednesday.

technologyNews reuters.com

Taco truck halts GM autonomous car's cruise through city streets

SAN FRANCISCO (Reuters) - A self-driving General Motors Co Bolt slowly drove more than two miles through crowded San Francisco streets in its media debut on Tuesday, but double-parked cars and orange traffic cones tripped up the computer driver, and a taco truck stumped the machine.

businessNews reuters.com

VW CEO sees 'strong' Nov/Dec sales, new record in 2017

BERLIN (Reuters) - Volkswagen is headed for record group sales this year as the "strong trend" in deliveries is set to continue with November and December figures, chief executive Matthias Mueller said.

technologyNews reuters.com

Casino-Ocado deal could push Carrefour into Amazon's arms

PARIS (Reuters) - French supermarket chain Carrefour could be under pressure to do a deal with the likes of Amazon , after a deal between its French rival and a British online specialist threatened to leave it trailing behind in e-commerce.

businessNews reuters.com

Volkswagen CEO sees 'strong' Nov/Dec sales, new record in 2017

BERLIN (Reuters) - Volkswagen Chief Executive Matthias Mueller said on Wednesday the group's "strong trend" in auto sales would continue with November and December figures, enabling the carmaker to post record deliveries this year.

technologyNews reuters.com

UK shipping firm Clarkson reports cyber attack

(Reuters) - British shipping services provider Clarkson Plc on Wednesday said it was the victim of a cyber security hack and warned that the person or persons behind the attack may release some data shortly.

businessNews reuters.com

Tiffany's sales, profit top estimates on demand for fashion jewelry

(Reuters) - Jeweler Tiffany & Co's sales and profit beat market estimates, helped by strong demand for its fashion and high-end solitaire jewelry in its first full quarter under new Chief Executive Alessandro Bogliolo.

technologyNews reuters.com

EU regulator spells out license guidelines to prevent patent wars

BRUSSELS (Reuters) - The European Commission published patent licensing guidelines on Wednesday aimed at avoiding disputes such as those that have ensnared Qualcomm and Apple, while balancing the interests of patent holders and users.