News Trends, News Analysis, News Archive.



Related Articles

entertainmentNews reuters.com

Beijing to launch campaign to root out 'low taste' video games: Xinhua

BEIJING (Reuters) - Beijing is starting a special investigation campaign into online video games to root out those with "low taste", the official Xinhua news agency reported.

worldNews reuters.com

China's Xinjiang to build 'Great Wall' to protect border: governor

BEIJING (Reuters) - China's violence-prone far western region of Xinjiang will build a "Great Wall" around its borders to prevent the infiltration of militants from outside the country, state media reported on Tuesday citing the regional governor.

businessNews reuters.com

Netflix crosses $100 billion market capitalization as subscribers surge

(Reuters) - Netflix Inc snagged 2 million more subscribers than Wall Street expected in the final three months of 2017, tripling profits at the online video service that is burning money on new programming to dominate internet television around the world.

technologyNews reuters.com

Impinj shares pare gains as Amazon.com says no RFID used at automated store

SAN FRANCISCO (Reuters) - Shares of radio-frequency identification (RFID) chipmaker Impinj Inc pared gains on Monday after Amazon.com Inc said its new checkout-free grocery store, which opened to the public on Monday, does not use the technology.

technologyNews reuters.com

Intel asks customers to halt patching for chip bug, citing flaw

(Reuters) - Intel Corp said on Monday that patches it released to address two high-profile security vulnerabilities in its chips are faulty, advising customers, computer makers and cloud providers to stop installing them.

technologyNews reuters.com

LG Display fourth-quarter profit slumps on falling panel prices

SEOUL (Reuters) - South Korea's LG Display Co Ltd, the world's biggest maker of LCD panels for TVs, said its fourth-quarter operating profit plunged 95 percent from a year earlier, hurt by falling panel prices and investment in its OLED business.

businessNews reuters.com

Netflix crosses $100 billion market cap as subscribers surge

(Reuters) - Netflix Inc snagged 2 million more subscribers than Wall Street expected in the final three months of last year, tripling profits at the online video service that is burning money on new programming to dominate internet television around the world.

companyNews reuters.com

BRIEF-Shaw Communications Inc Files For Mixed Shelf Of Up To C$3 Billion

* SHAW COMMUNICATIONS INC FILES FOR MIXED SHELF OF UP TO C$3 BILLION - SEC FILING

technologyNews reuters.com

LG Display fourth-quarter profit misses expectations on falling panel prices

SEOUL (Reuters) - South Korea's LG Display Co Ltd, the world's biggest maker of LCD panels for TVs, said fourth-quarter operating profit fell 95 percent on-year to its lowest level in nearly two years.

technologyNews reuters.com

Huawei, ZTE cut lobbying spending but find other ways to spread influence

WASHINGTON (Reuters) - Chinese telecommunications equipment companies Huawei [HWT.UL] and ZTE, which face strong political headwinds in the United States, sharply cut lobbying expenditures last year, according to fourth-quarter spending disclosures.

technologyNews reuters.com

Montana governor takes stand for state to honor 'net neutrality'

WASHINGTON (Reuters) - Montana will sign contracts only with internet service providers that honor "net neutrality" firms, Governor Steve Bullock said on Monday, the latest effort by a state to undermine a Federal Communications Commission order rolling back rules introduced in 2015.

businessNews reuters.com

Bacardi to buy high-end tequila maker Patron in $5.1 billion deal

(Reuters) - Bacardi Ltd said on Monday it would buy high-end tequila maker Patron Spirits International AG in a $5.1 billion deal, hoping to become the second largest spirits company in the United States by market value.

technologyNews reuters.com

Adobe lifts profit forecast on tax reform boost

(Reuters) - Photoshop maker Adobe Systems Inc on Monday lifted its adjusted profit forecast for the current quarter and the full year, saying it expects its effective tax rate to decline "substantially" due to the recently enacted U.S. tax reforms.

businessNews reuters.com

Netflix crosses $100 billion market cap on subscriber surge

(Reuters) - Netflix Inc snagged 8.33 million new streaming customers in the final quarter of last year - 2 million more than Wall Street expected - as the pioneering online video service kept pouring money into programming in a race to dominate internet television around the world.

companyNews reuters.com

UPDATE 6-AIG to buy reinsurer Validus for $5.56 billion

* Acquisition is AIG's largest since 2008 financial crisis (Adds comment from AIG CEO, paragraphs 6-8)

companyNews reuters.com

UPDATE 5-AIG to buy reinsurer Validus for $5.56 billion

* Acquisition is AIG's largest since 2008 financial crisis (Adds details about Validus, Lloyd's of London, context about financial crisis and Willkie Farr & Gallagher LLP's role in the deal and comment from Lloyd's CEO)

domesticNews reuters.com

Illinois budget impasse cost state $1 billion in late payment penalties

CHICAGO (Reuters) - Illinois incurred $1.03 billion in late bill payment penalties last year largely as a result of the state's unprecedented two-year budget impasse, the state comptroller reported on Monday.

topNews reuters.com

Sudanese authorities release Reuters, AFP journalists

CAIRO (Reuters) - Sudanese authorities on Monday released a Reuters journalist and an Agence France-Presse (AFP) reporter who were detained w1hile covering protests in Khartoum on Wednesday last week.

technologyNews reuters.com

Uber CEO focused on 'responsible growth', seeks fresh start in Germany

MUNICH (Reuters) - Uber's chief executive said on Monday that he was focused on "responsible growth" as he seeks to put an end to the take-no-prisoners culture he inherited on joining the pioneer of ride-hailing services last year.

companyNews reuters.com

UPDATE 4-AIG to buy reinsurer Validus for $5.56 billion

* Deal to immediately add to AIG's EPS and ROE (Recasts, adds details about Duperreualt's experience with Bermuda insurance industry, context about financial crisis)

healthNews reuters.com

Celgene to buy Juno for $9 billion to boost cancer pipeline

(Reuters) - Celgene Corp will pay $9 billion in cash to buy experimental cancer drugmaker Juno Therapeutics Inc, bulking up its developmental pipeline as it works to reduce reliance on its own cancer treatment Revlimid.

healthNews reuters.com

Sanofi digs deep to buy U.S. hemophilia group Bioverativ for $11.6 billion

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. hemophilia specialist Bioverativ for $11.6 billion, its biggest deal for seven years and a major play to strengthen its presence in treatments for rare diseases.

businessNews reuters.com

Biotech M&A takes off as Sanofi and Celgene spend $20 billion

LONDON (Reuters) - Biotech deal activity exploded on Monday with French drugmaker Sanofi and U.S.-based Celgene spending a combined total of more than $20 billion to add new products for hemophilia and cancer to their medicine cabinets.

technologyNews reuters.com

Alstom to test automated freight train in the Netherlands

(Reuters) - A train will travel for about 100 kilometers (62 miles) without driver intervention as part of the first test of an automated train for overground freight by Alstom, the French train-maker said on Monday.

technologyNews reuters.com

Tiberius to jump into cryptocurrencies with metals-backed digital coin

LONDON (Reuters) - Swiss-based commodities fund Tiberius Group plans to make a foray into cryptocurrencies with the launch of what may be the first digital money underpinned by physically deliverable metals including industrials such as aluminum and copper.

technologyNews reuters.com

Uber CEO eyes 'responsible growth', seeks fresh start in Germany

MUNICH (Reuters) - The recently hired chief executive of scandal-plagued ride hailing giant Uber said on Monday that he was focused on what he called "responsible growth" as he seeks to put an end to the take-no-prisoners' culture he inherited in joining the company.

businessNews reuters.com

AIG to buy reinsurer Validus for $5.56 billion

(Reuters) - American International Group on Monday said it would buy Validus Holdings for $5.56 billion in cash to strengthen its reinsurance business, the company's first deal under Chief Executive Brian Duperreault.

technologyNews reuters.com

Banking group Nordea bans bitcoin trading

STOCKHOLM (Reuters) - Nordea has forbidden all its roughly 31,000 employees from trading in cryptocurrencies such as bitcoin due to high risks, it said on Monday.

companyNews reuters.com

UPDATE 3-AIG to buy reinsurer Validus for $5.56 billion

* Deal to immediately add to AIG's EPS and ROE (Adds details from conference call, shares)

technologyNews reuters.com

Top Swiss cryptocurrency lawyer questions 'stupid' ICO structure

ZURICH (Reuters) - One of the top lawyers in the booming cryptocurrency industry says the legal structure he helped set up to raise funds for new virtual currencies is "old, inflexible and stupid" and may no longer be fit for purpose.

technologyNews reuters.com

Deutsche Boerse creates index using algorithm to track AI leaders like Apple

FRANKFURT (Reuters) - Deutsche Boerse has launched an index that tracks companies that are leaders in artificial intelligence (AI) by using an algorithm to identify early adopters of the technology.

healthNews reuters.com

Celgene to buy Juno for $9 billion to boost CAR-T expertise

(Reuters) - Celgene Corp announced a $9 billion cash buyout of Juno Therapeutics Inc on Monday as it moves to cement its position as a key player in a new range of cancer therapies.

businessNews reuters.com

AIG to buy reinsurer Validus Holdings for $5.56 billion

(Reuters) - American International Group on Monday said it would buy Validus Holdings for $5.56 billion in cash to strengthen its reinsurance business, the company's first deal under Chief Executive Brian Duperreault.

technologyNews reuters.com

More than 10 percent of $3.7 billion raised in ICOs has been stolen: Ernst & Young

NEW YORK (Reuters) - More than 10 percent of funds raised through "initial coin offerings" are lost or stolen in hacker attacks, according to new research by Ernst & Young that delves into the risks of investing in cryptocurrency projects online.

healthNews reuters.com

New drugs recast $10 billion hemophilia market as Sanofi swoops in

LONDON (Reuters) - Sanofi is placing a big bet on the $10 billion-a-year hemophilia market at a testing time, as scientific advances overhaul traditional approaches to treating the rare uncontrolled bleeding disorder.

businessNews reuters.com

AIG to buy reinsurer Validus Holdings for $5.56 billion in cash

(Reuters) - American International Group on Monday said it would buy property and casualty reinsurer Validus Holdings for $5.56 billion in cash to strengthen its general insurance business.

technologyNews reuters.com

Business booms for privacy experts as landmark data law looms

SAN FRANCISCO (Reuters) - Business is booming for software and privacy experts as companies across the globe spend millions of dollars to comply with a landmark European data protection law, even as many uncertainties remain about how the rules will be enforced.

companyNews reuters.com

Celgene to buy remaining stake in Juno for $9 billion

Jan 22 (Reuters) - Celgene Corp said on Monday it agreed to buy rest of Juno Therapeutics Inc for about $9 billion in cash to gain access to Juno's pipeline of CAR-T cancer drugs.

businessNews reuters.com

Sanofi digs deep to buy U.S. haemophilia group Bioverativ for $11.6 billion

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. haemophilia specialist Bioverativ for $11.6 billion, its biggest deal for seven years, which it said would strengthen its presence in treatments for rare diseases.

technologyNews reuters.com

French Finance Minister backs contract renewal for embattled Orange CEO Richard

PARIS (Reuters) - Orange Chief Executive Stephane Richard's contract should be renewed, France's finance minister said on Monday, even after Richard was ordered to stand trial for abusing public funds in a case unrelated to the telecommunications firm.

technologyNews reuters.com

UK's Computacenter hikes 2017 expectations, sees stable 2018

(Reuters) - IT services firm Computacenter Plc said on Monday its 2017 adjusted pretax results were set to beat its expectations, driven by strength across Germany, the United Kingdom and France.

technologyNews reuters.com

UK's Computacenter says to beat 2017 expectations, sees stable 2018

(Reuters) - Computacenter Plc's 2017 adjusted pre-tax results are set to beat expectations driven by strength across Germany, the United Kingdom and France, the British IT services company said on Monday.

businessNews reuters.com

Sanofi to buy U.S. haemophilia group Bioverativ for $11.6 billion

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. haemophilia specialist Bioverativ for $11.6 billion, in a deal which it said would boost earnings and strengthen its presence in treatments for rare diseases.

businessNews reuters.com

Sanofi confirms deal to buy Bioverativ for $11.6 billion

PARIS (Reuters) - French healthcare group Sanofi has agreed to buy U.S. peer Bioverativ for $11.6 billion, in a deal which Sanofi said would boost its earnings and strengthen its presence in the field of treatment for rare diseases.

companyNews reuters.com

Billionaire Gupta looks to make electric cars in Australia

MELBOURNE, Jan 22 (Reuters) - British industrialist Sanjeev Gupta is set to bid for industrial assets at General Motors Co's former Holden manufacturing site in South Australia, according to the state's treasurer, aiming to use the equipment to build electric vehicles.

businessNews reuters.com

Sanofi set to buy Bioverativ for more than $11.5 billion: WSJ

(Reuters) - Sanofi SA is close to a deal to take over U.S. drug maker Bioverativ Inc for more than $11.5 billion, the Wall Street Journal reported, citing people familiar with the matter.

sportsNews reuters.com

Golf: Spain's Rahm wins CareerBuilder after playoff

(Reuters) - Spain’s Jon Rahm survived four playoff holes to capture the CareerBuilder Challenge in southern California on Sunday.

worldNews reuters.com

Saudi-led coalition to give $1.5 billion in Yemen aid, expand port capacity

RIYADH (Reuters) - A military coalition led by Saudi Arabia said on Monday it would commit $1.5 billion in new humanitarian aid for Yemen where it is supporting the internationally recognized government against Iran-aligned Houthis in a three-year-old civil war.

PersonalFinance reuters.com

U.S. hedge fund Tiger Global has invested more than $1 billion in Barclays: FT

(Reuters) - U.S. hedge fund Tiger Global Management has invested more than $1 billion in Britain's Barclays Plc, the Financial Times reported on Sunday.

Tennis nytimes.com

On Tennis: Momentum Builds Toward Grigor Dimitrov’s Grand Slam Breakthrough

Dimitrov, the No. 3 seed, put away Nick Kyrgios in four tight sets in a fourth-round classic at the Australian Open on Sunday.

worldNews reuters.com

Jordan's king tells Pence U.S. must rebuild trust after Jerusalem decision

AMMAN (Reuters) - Jordan's King Abdullah told U.S. Vice President Mike Pence on Sunday he looked to Washington to rebuild "trust and confidence" in moving towards a two-state solution in Israel after President Donald Trump recognized Jerusalem as the country's capital.

cnn.com

Dem rep.: I'll build wall to help Dreamers

Rep. Luis Gutierrez (D-IL) says he will help build President Trump's border wall if it will help the Dreamers stay in the US.

technologyNews reuters.com

Vista Equity explores options for PowerSchool, PeopleAdmin: sources

(Reuters) - Private equity firm Vista Equity Partners Management LLC is exploring options for two software companies it owns, PowerSchool and PeopleAdmin, that could involve combining them in a deal worth between $2 billion to $3 billion, according to people familiar with the matter.

technologyNews reuters.com

Facebook to prioritize 'trustworthy' news based on surveys

SAN FRANCISCO (Reuters) - Facebook Inc will prioritize "trustworthy" news in its feed of social media posts, using member surveys to identify high-quality outlets and fight sensationalism and misinformation, Chief Executive Mark Zuckerberg said on Friday.

technologyNews reuters.com

Canada's Hydro Quebec unable to meet demand from digital currency miners

MONTREAL (Reuters) - Canada's largest utility, Hydro Quebec, is reviewing its commercial energy strategy after being inundated with demand from global digital currency miners rushing to the province to benefit from political stability and low energy prices.

technologyNews reuters.com

Ex-IBM employee from China gets five years prison for stealing code

NEW YORK (Reuters) - A former software engineer for IBM in China was sentenced to five years in prison after he pleaded guilty to stealing proprietary source code from the company, prosecutors announced on Friday.

technologyNews reuters.com

Facebook to prioritize 'trustworthy' news sources

SAN FRANCISCO (Reuters) - Facebook Inc will begin to prioritize "trustworthy" news outlets on its stream of social media posts as it works to combat "sensationalism" and "misinformation," Chief Executive Mark Zuckerberg said on Friday.

companyNews reuters.com

BRIEF-Kawasaki Heavy Industries Appears Likely To Receive Orders To Build Cars For New York City's Subways - Nikkei

* KAWASAKI HEAVY INDUSTRIES APPEARS LIKELY TO RECEIVE ORDERS TO BUILD ABOUT 1,600 CARS FOR NEW YORK CITY'S SUBWAYS - NIKKEI

technologyNews reuters.com

Amazon boosts monthly fee for Prime by $2, maintains yearly rate

(Reuters) - Amazon.com Inc raised the monthly fee for the U.S. version of its fast-shipping and video-streaming service Amazon Prime by $2 on Friday, making the case for subscribers to upgrade to an annual plan.

technologyNews reuters.com

Amazon raises monthly fee for Prime service by 18 percent

(Reuters) - Amazon.com Inc on Friday raised the monthly fee for Amazon Prime, its fast-shipping and video-streaming service, to $12.99 from $10.99, while maintaining the annual fee.

technologyNews reuters.com

IBM shares fall on soft profit outlook

(Reuters) - Shares in International Business Machines fell 2.6 percent on Friday as analysts judged a "disappointing" full-year profit forecast showed that the company would take more time to get back on a path of steady growth.

Bridges and Tunnels nytimes.com

Boris Johnson Suggests Building a Bridge From U.K. to France

The British and French governments had tepid reactions to the latest in a string of grand plans from the foreign secretary, who campaigned for Brexit.

technologyNews reuters.com

U.S. CFTC sues three virtual currency operators for fraud

WASHINGTON (Reuters) - The U.S. derivatives watchdog said on Friday that it has filed charges against three separate virtual currency operators alleging the defendants had defrauded customers and broken other commodity trading rules, in a further sign regulators globally are cracking down on the emerging asset class.

technologyNews reuters.com

Xiaomi to expand store network in Indian tussle with Samsung

MUMBAI (Reuters) - China's Xiaomi plans to expand its Indian store network as it attempts to grab the lead in a smartphone market which Korea's Samsung has dominated for more than five years.

technologyNews reuters.com

India sends tax notices to cryptocurrency investors as trading hits $3.5 billion

NEW DELHI (Reuters) - India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said.

worldNews reuters.com

Somali authorities say troops rescue 32 children from 'terrorist school'

MOGADISHU (Reuters) - Somali authorities said troops stormed a school run by al Shabaab on Thursday night and rescued 32 children who had been taken as recruits by the Islamist militant group.

technologyNews reuters.com

China targets cryptocurrencies in online pyramid scheme crackdown

(Reuters) - China will crack down on online pyramid schemes, including speculation masked as cryptocurrencies and online games, the public security ministry said on Friday.

companyNews reuters.com

EMERGING MARKETS-Emerging stocks set for 6th week of gains, yuan at 2-yr high

LONDON, Jan 19 (Reuters) - Emerging stocks pushed to a fresh near-decade high and were set for a sixth straight week of gains on Friday after Chinese growth data lifted Asian markets to a record peak and the yuan to a two-year high.

worldNews reuters.com

Let's build a bridge to Europe after we Brexit, Britain's Boris Johnson suggests

LONDON (Reuters) - Britain's most prominent campaigner for leaving the European Union, Boris Johnson, has suggested building a giant bridge across the English Channel to France after Brexit, The Daily Telegraph reported.

technologyNews reuters.com

Huawei founder, top executives to pay $469,000 fine for management oversight

HONG KONG (Reuters) - Top executives of Huawei Technologies Co [HWT.UL], including founder Ren Zhengfei, will pay a self-imposed fine totaling 3 million yuan ($469,000) for management oversight of some quality breaches at the firm, an internal company memo shows.

technologyNews reuters.com

Bitcoin use under scrutiny in Indonesian island of Bali

JAKARTA/KUTA, Indonesia (Reuters) - Indonesian authorities are investigating the use of bitcoin in the holiday island of Bali, amid warnings by the central bank in Southeast Asia's biggest economy over the risks posed by virtual currencies, an official said.

technologyNews reuters.com

Google announces patent agreement with Tencent amid China push

BEIJING (Reuters) - Alphabet Inc's Google has agreed to a patent licensing deal with Tencent Holdings Ltd as it looks for ways to expand in China where many of its products, such as app store, search engine and email service, are blocked by regulators.

technologyNews reuters.com

Apollo-owned security firm ADT's IPO prices below target

(Reuters) - U.S. security company ADT Corp , owned by private equity firm Apollo Global Management LLC , said on Thursday its initial public offering (IPO) was priced well below its expected range, signaling investors are being picky about new offerings.

technologyNews reuters.com

Home security company ADT Inc's IPO priced at $14 per share

(Reuters) - ADT Inc, a provider of security monitoring services, said on Thursday that its initial public offering was priced at $14 per share, below the expected range of $17 to $19.

cnn.com

Could this be a better way to build a flu vaccine?

As a deadly flu season continues to ravage the United States, scientists are scrambling to find new ways to fight the virus, including building vaccines that offer stronger protection against the most aggressive flu strains and last longer than just one season.

technologyNews reuters.com

Apple to release software update to resolve iPhone slowdown: CEO

(Reuters) - Apple Inc will release a software update that will allow users to turn off a feature that slows down iPhones when batteries are low on charge, Chief Executive Tim Cook told ABC News.

worldNews reuters.com

Sudanese authorities detain Reuters, AFP reporters in Khartoum

CAIRO (Reuters) - Sudanese authorities have detained a Reuters stringer and an AFP reporter who were covering protests in the capital Khartoum, the external information council, which deals with foreign media organizations, said.

technologyNews reuters.com

Amazon's review of Toronto could escalate tension with Trump

TORONTO (Reuters) - Amazon.com Inc's inclusion of Canada's largest city on a list of 20 finalists for a massive new campus could escalate tensions between the tech giant and U.S. President Donald Trump.

technologyNews reuters.com

Fears of global crackdown fail to dampen cryptocurrency interest

MIAMI (Reuters) - Worries about a crackdown by global regulators on cryptocurrency trading could slow the pace of bitcoin's rise but should not threaten its existence, investors and market participants at a cryptocurrency conference said on Thursday.

businessNews reuters.com

Brazilian prosecutors ask BNY Mellon unit to return $2.5 billion to local fund

SAO PAULO (Reuters) - Brazilian prosecutors asked on Thursday that the local unit of Bank of New York Mellon Corp return 8.2 billion reais ($2.56 billion) to local pension fund Postalis, according to a statement.

businessNews reuters.com

CIBC eyes FirstCaribbean valuation around $1.4 billion: sources

TORONTO (Reuters) - Canadian Imperial Bank of Commerce is targeting a valuation of 10 times earnings for the potential listing of its FirstCaribbean business in New York, which would give it a market value of around $1.4 billion, five sources familiar with the matter told Reuters over the past week.

businessNews reuters.com

Cold weather chills U.S. homebuilding; jobless claims at 45-year low

WASHINGTON (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, likely as unseasonably cold weather at the end of the month disrupted the construction of single-family housing units.

technologyNews reuters.com

Amazon shortlists 20 cities, including Toronto, for second headquarters

(Reuters) - Amazon.com Inc has short-listed 20 cities and regions, including Canada's Toronto, for the construction of a second headquarters that it says will generate 50,000 new, high-paying jobs in a $5 billion investment.

technologyNews reuters.com

Italy's anti-trust opens probe into Apple, Samsung phone complaints

ROME (Reuters) - Italy's antitrust has opened a probe into allegations that Apple Inc. and Samsung Electronics Co Ltd used software updates deliberately to speed up the ageing process of their products.

technologyNews reuters.com

Software AG takes hit on U.S. tax reform

FRANKFURT (Reuters) - Germany's Software AG on Thursday said it would take a hit in the mid-single digit million euros range for 2017 due to U.S. federal tax reforms.

technologyNews reuters.com

Eni launches world's biggest industrial supercomputer

MILAN (Reuters) - Italian oil and gas group Eni said on Thursday it had installed new capacity at its supercomputing centre near Milan to create the world's most powerful industrial computer.

companyNews reuters.com

WRAPUP 2-Cold weather chills U.S. homebuilding; jobless claims at 45-year low

WASHINGTON, Jan 18 (Reuters) - U.S. homebuilding fell more than expected in December, recording its biggest drop in just over a year, likely as unseasonably cold weather at the end of the month disrupted the construction of single-family housing units.

technologyNews reuters.com

France, Germany to make joint bitcoin regulation proposal at G20 summit

PARIS (Reuters) - France and Germany will make joint proposals to regulate the bitcoin cryptocurrency at the next summit of the G20 group of major economies in Argentina in March, French Finance Minister Bruno Le Maire said on Thursday.

technologyNews reuters.com

Reedeux Media seeks IPO after first coin offering sells out

(Reuters) - U.S. tech startup Reedeux Media said it plans to list on the Nasdaq exchange later this year, seeking a valuation of up to $1 billion after selling out the first tranche of its media cryptocurrency coin offering on Thursday.

technologyNews reuters.com

Schneider Electric says software bug exploited in watershed hack

TORONTO (Reuters) - Schneider Electric SE disclosed on Thursday that hackers exploited a flaw in its software in a watershed hack discovered last month that halted plant operations at an industrial facility.

technologyNews reuters.com

Carl Icahn seeks revision or termination of Xerox-Fujifilm deal

(Reuters) - Xerox Corp investor Carl Icahn on Thursday said he agreed with fellow stakeholder Darwin Deason that a joint venture between Xerox and Fujifilm Holdings should be revised or terminated, and reiterated a change in leadership.

cnn.com

Cities ranging from New York and LA to Columbus, Ohio are in the running to land the $5 billion campus

technologyNews reuters.com

Amazon shortlists 20 cities for second headquarters

(Reuters) - Amazon.com Inc has short-listed 20 cities, including one in Canada, to build its second headquarters after reviewing 238 proposals and expects to make a decision this year, it said on Thursday.

technologyNews reuters.com

Carl Icahn seeks revision of Xerox-Fujifilm deal

(Reuters) - Xerox Corp investor Carl Icahn on Thursday said he agreed with fellow shareholder Darwin Deason that a joint venture between Xerox and Fujifilm Holdings should be revised or terminated.

businessNews reuters.com

Emirates hands Airbus A380 superjumbo a lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

technologyNews reuters.com

Swiss task force to look into blockchain oversight

ZURICH (Reuters) - Switzerland has set up a working group to look into oversight of blockchain technology and initial coin offerings (ICOs) and report back to the government by the end of this year.

businessNews reuters.com

Emirates hands Airbus A380 superjumbo lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

sportsNews reuters.com

Beijing Games could help end NHL/IOC standoff

(Reuters) - Since saying "I do" to the International Olympic Committee in 1998 the National Hockey League and Winter Games have endured an often tumultuous relationship, one that ended last year in an acrimonious separation.

technologyNews reuters.com

Google, Temasek investing in Indonesia's Go-Jek as ride-hailing rivalry deepens: sources

SINGAPORE (Reuters) - Google, Singapore investor Temasek and China's Meituan-Dianping are investing in Go-Jek as part of a $1.2 billion fundraising round, bolstering the Indonesian ride-hailing firm in its battle with deep-pocketed rivals Grab and Uber, sources said.

businessNews reuters.com

Emirates hands A380 superjumbo lifeline with $16 billion order

NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade.

technologyNews reuters.com

Goldman Sachs, Wells Fargo and others invest $38 million in research tech startup

NEW YORK (Reuters) - Goldman Sachs Group Inc has led a $38 million investment round by large banks in Visible Alpha, a young New York-based company that helps investment managers better value the equity research services they receive from brokers.

technologyNews reuters.com

Google, Temasek to come in as new investors in Indonesia's Go-Jek: sources

SINGAPORE (Reuters) - Alphabet Inc's Google, Singapore state investor Temasek and Chinese online platform Meituan-Dianping are investing in Indonesian ride-hailing start-up Go-Jek as part of a $1.2 billion fundraising round, sources familiar with the matter said.

technologyNews reuters.com

China's JD.com says will invest over $3 billion in "rustbelt" regions: Xinhua

SHANGHAI (Reuters) - Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country's northeastern "rustbelt" regions over the next three years, the Xinhua news agency reported on Thursday, citing the company.

companyNews reuters.com

China's JD.com says will invest over $3 bln in "rustbelt" regions - Xinhua

SHANGHAI, Jan 18 (Reuters) - Chinese online retailer JD.com will invest more than 20 billion yuan ($3.11 billion) in the country's northeastern "rustbelt" regions over the next three years, the Xinhua news agency reported on Thursday, citing the company.

technologyNews reuters.com

Google, Temasek coming in as new investors in Indonesia's Go-Jek: sources

SINGAPORE (Reuters) - Alphabet Inc's Google , Singapore state investor Temasek Holdings Pte Ltd and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing start-up Go-Jek, sources familiar with the matter said.

companyNews reuters.com

UPDATE 1-Toshiba reaches deal to help resolve Westinghouse bankruptcy, rebuild finances

* Toshiba to sell claims in Westinghouse to group led by Baupost

technologyNews reuters.com

South Korea considers shutting down domestic cryptocurrency exchanges

SEOUL (Reuters) - South Korean policymakers joined the global chorus of virtual-coin critics on Thursday, saying Seoul is considering shutting down domestic virtual currency exchanges as the new breed of market exposes users to speculative frenzy and crime.

worldNews reuters.com

Tillerson says U.S. has no intention to build border force in Syria

ABOARD U.S. GOVERNMENT AIRCRAFT (Reuters) - U.S. Secretary of State Rex Tillerson on Wednesday denied that the United States had any intention to build a Syria-Turkey border force, saying the issue, which has incensed Ankara, had been "misportrayed."

technologyNews reuters.com

South Korea considering shutting down all virtual currency exchanges

SEOUL (Reuters) - South Korea's financial regulator chief said the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.

technologyNews reuters.com

South Korea's financial regulator says considering shutting down all virtual currency exchanges

SEOUL (Reuters) - South Korea's financial regulator chief says the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.

technologyNews reuters.com

Toshiba sees $3.7 billion balance sheet improvement from Westinghouse deal

TOKYO (Reuters) - Toshiba Corp said on Thursday it would sell its claims in bankrupt nuclear unit Westinghouse Electric Co to a group led by the Baupost Group - a move that would contribute to an improvement of about 410 billion yen ($3.68 billion) in its balance sheet.

technologyNews reuters.com

U.S. enterprise telecoms firm Avaya trades again after bankruptcy

(Reuters) - Avaya Holdings Corp shares started trading on Wednesday on the New York Stock Exchange, the first time the enterprise telecommunications provider has been public in more than a decade.

businessNews reuters.com

Apple plans new U.S. campus, to pay $38 billion in foreign cash taxes

(Reuters) - Apple Inc will open a new campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.

technologyNews reuters.com

Under threat: Cyber security startups fall on harder times

SAN FRANCISCO (Reuters) - A wave of cyber attacks by criminals, spies and hacker activists should make these heady days for U.S. cyber security startups.

businessNews reuters.com

Apple plans second U.S. campus, to pay $38 billion in foreign cash taxes

(Reuters) - Apple Inc will open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan and will make about $38 billion in one-time tax payments on its overseas cash, one of the largest corporate spending plans announced since the passage of a tax cut signed by U.S. President Donald Trump.

technologyNews reuters.com

Tom Siebel's billion-dollar software firm raises $100 million

SAN FRANCISCO (Reuters) - C3 IoT, a software company founded and run by longtime Silicon Valley executive Thomas Siebel that helps companies collect and analyze data, has raised another $100 million in a new funding backed by TPG Growth, the company said on Wednesday.

Federal Taxes (US) nytimes.com

Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to U.S.

Less than four weeks after President Trump signed a new tax bill, Apple plans to repatriate the vast majority of its $252 billion in cash held abroad.

companyNews reuters.com

CORRECTED (OFFICIAL)-Kazakhstan to purchase Boeing planes, build new GE locomotives

WASHINGTON, Jan 16 (Reuters) - Kazakhstan President Nursultan Nazarbayev said on Tuesday the country has reached agreements with several U.S. companies worth $7.5 billion, including contracts to supply passenger planes and locomotives to the Central Asian country.

businessNews reuters.com

Apple to pay $38 billion in U.S. taxes on foreign cash, open new campus

(Reuters) - Apple Inc on Wednesday said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. campus as part of a 5-year, $30 billion U.S. investment plan.

PersonalFinance reuters.com

Sovereign investor 2017 deal values down 24 percent at $72 billion

LONDON (Reuters) - Sovereign investor deal-making fell 24 percent in 2017 to $72.5 billion as megadeals such as China Investment Corp's (CIC) bumper $13.8 billion buy of warehouse firm Logicor, which...

technologyNews reuters.com

Crypto stocks tumble as bitcoin selloff continues

(Reuters) - A slew of blockchain- and bitcoin-related stocks sank on Wednesday following a steep fall in the price of the cryptocurrency over the past few days on fears of regulatory clampdowns.

technologyNews reuters.com

Citi sees bitcoin potentially halving in value again

NEW YORK (Reuters) - Bitcoin may lose 50 percent of its value from its current level as fears over regulatory clamp-downs have spurred a rout among cryptocurrencies this week, Citi analysts said on Wednesday.

businessNews reuters.com

Bank of America net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

technologyNews reuters.com

IBM shares rise after Barclays double upgrade

(Reuters) - Shares in International Business Machines rose nearly 2 percent on Wednesday, helped by a double-notch upgrade for the company from Barclays ahead of fourth-quarter results on Thursday.

businessNews reuters.com

BofA net profit slumps on $2.9 billion tax charge, adjusted income beats

(Reuters) - Bank of America Corp's net profit nearly halved compared with a year earlier as it booked a $2.9 billion charge stemming from the new federal tax law although it beat analysts' estimates when adjusted for the charge.

businessNews reuters.com

Bank of America profit slumps on $2.9 billion tax charge

(Reuters) - Bank of America Corp's fourth-quarter profit nearly halved as it booked a $2.9 billion charge stemming from the new federal tax law.

businessNews reuters.com

Exclusive: J&J attracts Chinese interest for diabetes business in potential $3-4 billion deal - sources

HONG KONG (Reuters) - Chinese bidders are circling a diabetes care business owned by the world's largest healthcare company Johnson & Johnson in a deal that could fetch up to $4 billion, five people with direct knowledge told Reuters.

technologyNews reuters.com

Philippine lawmakers worry China Telecom may be a 'Trojan horse'

MANILA (Reuters) - Opposition members of the Philippine Congress raised concern on Wednesday that China Telecom Corp Ltd, which may enter the Philippine industry, could be a "Trojan horse" aimed at giving China access to state secrets.

Mobile Applications nytimes.com

State of the Art: It’s Time for Apple to Build a Less Addictive iPhone

Apple gave us the modern smartphone. Now, it can create a new take on the device by encouraging us to use it more deliberately — and a lot less.

technologyNews reuters.com

Standard Chartered creates fintech investment unit

LONDON (Reuters) - Standard Chartered said on Wednesday it had established a business unit to invest in financial technology and promote innovation.

companyNews reuters.com

UPDATE 1-Zalando says to spend to build market share this year

BERLIN, Jan 17 (Reuters) - German online fashion retailer Zalando said it would push ahead with a strategy of investing to gain market share in 2018 rather than seek to improve profitability even as it reported a recovery in fourth-quarter operating earnings.

cnn.com

Former CIA officer arrested at airport with list of agents, authorities say

A former CIA officer who allegedly kept small notebooks with handwritten lists of the real names of covert agency employees was arrested at John F. Kennedy International Airport on Monday night, the Justice Department said Tuesday.

technologyNews reuters.com

YouTube again revises rules to protect advertisers from offensive content

SAN FRANCISCO (Reuters) - Alphabet Inc's Google is making its second attempt in less than a year to protect advertisers on its YouTube user channels from being associated with videos featuring violence, gore or bad language.

technologyNews reuters.com

Senate advances bill to renew NSA's internet surveillance program

WASHINGTON (Reuters) - The U.S. Senate on Tuesday advanced a bill to renew the National Security Agency's warrantless internet surveillance program, as a final push by privacy advocates to derail the measure came up short.

businessNews reuters.com

GE reignites break-up talk after $11 billion insurance, tax hit

NEW YORK (Reuters) - General Electric Co indicated it is looking closely at breaking itself up on Tuesday as the conglomerate announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

companyNews reuters.com

BRIEF-Boeing, Adient Launch New Company To Design And Build Airplane Seats

* BOEING, ADIENT LAUNCH NEW COMPANY TO DESIGN AND BUILD AIRPLANE SEATS

technologyNews reuters.com

Chinese carmaker Chery to use Nvidia's self-driving technology

(Reuters) - Nvidia Corp said on Tuesday China's Chery Automobile Co [CHERY.UL] would use its self-driving technology that it has developed with Baidu and ZF Friedrichshafen AG [ZFF.UL].

businessNews reuters.com

GE renews break-up talk after $11 billion insurance, tax hit

(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

businessNews reuters.com

Health-conscious Nestle sells U.S. candy to Ferrero for $2.8 billion

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products.

companyNews reuters.com

BRIEF-Freddie Mac Financed $73.2 Billion In Loan Purchase & Guarantee Volume For 2017​

* FREDDIE MAC - ‍ FINANCED $73.2 BILLION IN LOAN PURCHASE & GUARANTEE VOLUME FOR 2017​ Source text for Eikon: Further company coverage:

technologyNews reuters.com

Bitcoin, other cryptocurrencies tumble on government crackdown worries

LONDON/NEW YORK (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as worries about a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.

companyNews reuters.com

Kazakhstan to purchase Boeing planes, build new GE locomotives

WASHINGTON, Jan 16 (Reuters) - Kazakhstan President Nursultan Nazarbayev said on Tuesday the country has reached agreements with several U.S. companies worth $7.5 billion, including contracts to supply passenger planes and locomotives to the Central Asian country.

technologyNews reuters.com

U.S. warns investors over Venezuela's 'petro' cryptocurrency

WASHINGTON (Reuters) - The U.S. Treasury has warned U.S. investors to approach Venezuela's proposed "petro" cryptocurrency with caution, saying that it may contravene U.S. sanctions against the government of Venezuelan President Nicolas Maduro.

companyNews reuters.com

U.S. holiday shoppers spend record $108 billion online - Adobe

Jan 16 (Reuters) - U.S. shoppers spent a record $108 billion snapping up discounts on Amazon and other websites during the 2017 holiday season, with more people using smartphones and tablets, Adobe Analytics said on Tuesday.

businessNews reuters.com

Nestle sells U.S. candy business to Ferrero for $2.8 billion amid health push

LONDON/MILAN (Reuters) - Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said on Tuesday, marking CEO Mark Schneider's first big sale and a small step on its path toward healthier products.

cnn.com

Ford is building a 700 hp Mustang

technologyNews reuters.com

Bitcoin, other cryptocurrencies tumble on govt crackdown worries

LONDON/NEW YORK (Reuters) - Bitcoin slid as much as 18 percent on Tuesday to a four-week low, as worries about a regulatory crackdown on the market spread after reports suggested it was still possible that South Korea could ban trading in cryptocurrencies.

businessNews reuters.com

Citigroup reports $18 billion loss on one-time tax items

(Reuters) - Citigroup Inc posted an $18-billion quarterly loss on Tuesday because of charges related to a new U.S. tax law, but its adjusted earnings beat Wall Street expectations and management signaled that the bank may soon lift financial performance targets.

businessNews reuters.com

GE renews break-up talk as it discloses $11 billion fourth quarter hit

(Reuters) - General Electric Co again raised the prospect of breaking up the conglomerate on Tuesday as it announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws.

businessNews reuters.com

GE to take $6.2 billion hit from insurance portfolio

(Reuters) - General Electric Co will take a $6.2 billion charge in its fourth quarter results for a more than decade-old insurance portfolio covering long-term healthcare costs, the company said on Tuesday.

businessNews reuters.com

Citi profit tops estimates; books $22 billion tax charge

(Reuters) - Citigroup Inc on Tuesday reported quarterly profit that topped Wall Street expectations as consumer businesses made up for lower revenue from bond and currency trading.

technologyNews reuters.com

Uber to introduce mandatory rest breaks for UK drivers

LONDON (Reuters) - Uber [UBER.UL] said on Tuesday its British drivers will have to take a six-hour break after they have accepted and made trips with passengers totaling 10 hours as the taxi app responds to criticism over excessive working hours.

technologyNews reuters.com

Google to expand cloud infrastructure with new regions, submarine cables

(Reuters) - Alphabet Inc's Google said on Tuesday it would add five regions and build three new submarine cables as it expands its infrastructure for cloud customers.

businessNews reuters.com

GE to take $6.2 billion charge in its finance arm

(Reuters) - General Electric Co will record an after-tax charge of $6.2 billion in its fourth quarter results as part of an ongoing review of its finance arm's insurance portfolio, the company said.

technologyNews reuters.com

Qatar central bank to consider topic of virtual currencies: governor

DOHA (Reuters) - Qatar's central bank will consider the topic of virtual currencies and there may be an opportunity in the future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

environmentNews reuters.com

BP Deepwater Horizon costs balloon to $65 billion

LONDON (Reuters) - BP said on Tuesday it would take a new charge over the 2010 Deepwater Horizon spill after again raising estimates for outstanding claims, lifting total costs to around $65 billion.

technologyNews reuters.com

Qatar central bank chief: will consider issue of virtual currencies

DOHA (Reuters) - Qatar's central bank will consider the issue of virtual currencies and there may be opportunity in future to introduce them in Qatar, central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

cnn.com

Billion dollar US embassy opens in London

The new US embassy in London opened its doors to the public for the first time on Tuesday, a billion dollar glass monolith presiding over a former industrial site south of the city.

worldNews reuters.com

Two killed when explosion destroys buildings in Belgium

BRUSSELS (Reuters) - Two people were killed and 14 injured when an explosion in the Belgian city of Antwerp destroyed three buildings.

worldNews reuters.com

Fire rips through 17th century heritage building in Indonesia

JAKARTA (Reuters) - A huge fire destroyed most of a Dutch colonial heritage site dating back to the 17th century, including a maritime museum, in the north of the capital Jakarta on Tuesday.

environmentNews reuters.com

BP to take $1.7 billion Deepwater Horizon charge

LONDON (Reuters) - BP said on Tuesday it expected to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter results as part of the settlement of the deadly 2010 Deepwater Horizon spill in the United States.

technologyNews reuters.com

JD.com widens Southeast Asia presence by investing in Vietnam's Tiki.vn

BEIJING (Reuters) - Chinese online retailer JD.com Inc has made an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid growing competition in the region from Alibaba Group Holding Ltd and Amazon.com Inc.

technologyNews reuters.com

Google says "no changes" to mapping platform in China after report

BEIJING (Reuters) - Alphabet Inc's Google said on Tuesday it has made "no changes" to its mapping platform in China, denying an earlier media report that claimed it was re-launching the function in China, where many of its services are blocked.

technologyNews reuters.com

JD.com, VNG Corp lead investment in Vietnamese e-commerce firm Tiki.vn

BEIJING (Reuters) - Chinese online retail firm JD.com Inc said on Tuesday it has led an investment in Vietnamese e-commerce firm Tiki.vn, expanding its Southeast Asia business amid competition from Alibaba Group Holding Ltd and Amazon.com Inc.

companyNews reuters.com

Global carmakers to invest at least $90 billion in electric vehicles

DETROIT, Jan 15 (Reuters) - Ford Motor Co's plan to double its electrified vehicle spending is part of an investment tsunami in batteries and electric cars by global automakers that now totals $90 billion and is still growing, a Reuters analysis shows.

technologyNews reuters.com

BlackBerry launches cybersecurity software for self-driving cars

(Reuters) - Canadian software maker BlackBerry Ltd on Monday launched a new cybersecurity software, which identifies vulnerabilities in programs used in self-driving cars.

technologyNews reuters.com

Google to relaunch map service in China: Nikkei

(Reuters) - Alphabet Inc's Google will relaunch its map service in China after an eight-year absence, Nikkei reported on Monday.

technologyNews reuters.com

Any rule on Bitcoin must be global, Germany's central bank says

FRANKFURT (Reuters) - Any attempt to regulate cryptocurrencies such as Bitcoin must be on a global scale as national or regional rules would be hard to enforce on a virtual, borderless community, a director at Germany's central bank said on Monday.

worldNews reuters.com

Venezuelan rogue police pilot says he is wounded as authorities close in

CARACAS (Reuters) - - Self-identified rogue helicopter pilot Oscar Perez appeared with a bloody face in a series of Instagram videos on Monday, saying that he was surrounded by authorities who were shooting at him in a poor neighborhood outside Caracas.

technologyNews reuters.com

Samsung aims to double Africa's share of its revenues in five years

NAIROBI (Reuters) - South Korea's Samsung Electronics plans to double the annual revenue contribution from its African markets to 20 percent of the firm's global total in the next five years, the head of its business on the continent said on Monday.

technologyNews reuters.com

China to block cryptocurrency platforms that allow centralized trading: Bloomberg

BEIJING (Reuters) - Chinese authorities plan to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading, Bloomberg reported Monday citing sources.

technologyNews reuters.com

Xiaomi taps CLSA, Morgan Stanley, Goldman for IPO sponsor role: sources

HONG KONG (Reuters) - Xiaomi has tapped CLSA, Goldman Sachs and Morgan Stanley as joint sponsors for its proposed IPO, people with direct knowledge of the matter said, in what could potentially value the Chinese smartphone maker at up to $100 billion.

technologyNews reuters.com

Ant Financial says has received approval for new consumer-credit backed securities

BEIJING (Reuters) - China's Ant Financial Services Group has received approval to issue consumer credit-backed securities to institutional investors and the securities are currently in the pricing process, the company told Reuters on Monday.

companyNews reuters.com

EMERGING MARKETS-Record breaking Asia lifts stocks to 10-year high, yuan shines

LONDON, Jan 15 (Reuters) - Emerging markets started the week with the pedal to the metal on Monday, with the first record high for Asian stocks since 2007 and currencies from China's yuan to Mexico's peso and Russia's rouble rising against a sliding dollar.

technologyNews reuters.com

Auto1 says no need for IPO after Softbank invests

BERLIN (Reuters) - German used-car dealing platform Auto1 said a 460 million euro ($561 million) financial infusion from Japan's Softbank meant it was under no pressure to launch an initial public offering to fund its pan-European growth plans.

businessNews reuters.com

Exclusive: China's JD.com targets $2 billion fundraising at logistics unit - sources

HONG KONG (Reuters) - China's second-biggest e-commerce firm JD.com has kicked off a fundraising round at its logistics unit with a target of at least $2 billion, and eventually plans to list the business overseas, people with direct knowledge of the matter said.

worldNews reuters.com

Scores injured as Indonesia stock exchange building lobby floor collapses

JAKARTA (Reuters) - A mezzanine floor overlooking the main lobby of the Indonesian Stock Exchange building collapsed on Monday, injuring scores of people, many of them students, under slabs of concrete and other debris, officials and witnesses said.

businessNews reuters.com

SoftBank considers IPO for Japan wireless unit, said to seek $18 billion

TOKYO (Reuters) - SoftBank Group Corp said on Monday it was considering listing its Japanese wireless business, seeking to raise a reported $18 billion in a move that would accelerate the conglomerate's transformation into one of the world's biggest tech investors.

businessNews reuters.com

Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 3-Ford plans $11 billion investment, 40 electrified vehicles by 2022

DETROIT, Jan 14 (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

Theater nytimes.com

Review: A Fantasy Town Builds a Wall Against Time in ‘Ballyturk’

Enda Walsh’s wild cosmic farce, in which two men act out the life of a fantasy village, finds the aching emptiness in words, words, words.

technologyNews reuters.com

End of a chip boom? Memory chip price drop spooks investors

SEOUL (Reuters) - After a blistering year-and-a-half long surge, a sudden drop in some memory prices, followed by Samsung Electronics Co's disappointing profit estimate, is causing jitters among investors who had bet the chip boom would last at least another year.

businessNews reuters.com

SoftBank plans $18 billion IPO of mobile phone unit: Nikkei

TOKYO (Reuters) - SoftBank Group plans to list its mobile phone business and raise some US$18bn, the Nikkei newspaper has said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

technologyNews reuters.com

South Korea says planned ban on cryptocurrency market not yet finalized

SEOUL (Reuters) - South Korea said on Monday that its plans to ban virtual coin exchanges had not yet been finalized as government agencies were still in talks to decide how to regulate the market.

businessNews reuters.com

VW to spend more than $3.3 billion through 2020 on U.S. model expansion

DETROIT (Reuters) - Volkswagen plans to spend more than $3.3 billion on development and production of new models in North America from 2018 to 2020 as the German group reboots operations in the world's second-largest auto market.

technologyNews reuters.com

Jaguar Land Rover to open R&D center for automated tech in Ireland

LONDON (Reuters) - Britain's biggest carmaker Jaguar Land Rover said on Monday it would open a software engineering center in Ireland, creating 150 jobs to work on advanced automated driving and electrification technologies.

businessNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit this year: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its mobile-phone business and raise some $18 billion, the Nikkei newspaper said, a spin-off that would complete the Japanese telecoms conglomerate's transformation into a global technology investor.

businessNews reuters.com

Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 2-Ford plans $11 billion investment, 40 electric vehicles by 2022

DETROIT, Jan 14 (Reuters) - Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.

businessNews reuters.com

Ford ups electric vehicle plans to $11 billion by 2022: executive

(Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

companyNews reuters.com

UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 - executive

Jan 14 (Reuters) - Ford Motor Co will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show.

companyNews reuters.com

Ford to increase electric vehicle investment to $11 billion - executive

Jan 14 (Reuters) - Ford Motor Co will increase to $11 billion its investments in electric vehicles, Jim Farley, the company's head of global markets, said on Sunday at the Detroit auto show.

technologyNews reuters.com

Softbank plans $18 billion IPO of mobile phone unit as soon as spring: Nikkei

TOKYO (Reuters) - SoftBank Group Corp plans to list its core mobile-phone unit in Tokyo and overseas as early as this spring, raising some 2 trillion yen ($18 billion) in one of Japan's biggest initial public offerings, the Nikkei newspaper said on Monday.

technologyNews reuters.com

French telcos to spend $3.7 billion to plug network gaps

PARIS (Reuters) - France's mobile telephone operators will spend more than 3 billion euros ($3.7 billion) rolling out a 4G network to ensure there are no coverage gaps by 2020, a government minister said.

technologyNews reuters.com

Softbank invests 460 million euros in Germany's Auto1: sources

BERLIN (Reuters) - Japan's Softbank will invest 460 million euros ($561 million) in used-car dealing platform Auto1, marking the first investment in Germany by its Vision Fund, according to sources familiar with the matter.

technologyNews reuters.com

U.S. transport chief to unveil revised self-driving car guidelines

DETROIT (Reuters) - The Trump administration plans to unveil revised self-driving car guidelines this summer as the government works to rewrite regulations that pose legal barriers to robot vehicles, U.S. Transportation Secretary Elaine Chao said on Sunday.

technologyNews reuters.com

Saudi Electricity signs deal with Japanese firms for first EV pilot

KHOBAR, Saudi Arabia (Reuters) - State-controlled Saudi Electricity Co (SEC) has signed a deal with Japanese Tokyo Electric Power Co (TEPCO), Nissan Motor Co and Takaoka Toko for the first electric vehicle (EV) pilot project in the world's largest oil exporter, it said on Sunday.

topNews reuters.com

U.S.-led coalition helps to build new Syrian force, angering Turkey

BEIRUT/ISTANBUL (Reuters) - The U.S.-led coalition is working with its Syrian militia allies to set up a new border force of 30,000 personnel, the coalition said on Sunday, a move that has added to Turkish anger over U.S. support for Kurdish-dominated forces in Syria.

vis-photo nytimes.com

Rishikesh Journal: Rebuilding on the Beatles, an Ashram in India Hopes for Revival

In Rishikesh, which hit the world’s eye when the Fab Four went there to study with the Maharishi in 1968, renovations and remembrances are underway.

topNews reuters.com

U.S.-led coalition helps build new Syrian force, angering Turkey

BEIRUT/ISTANBUL (Reuters) - The U.S.-led coalition is working with its Syrian militia allies to set up a new border force of 30,000 personnel, the coalition said on Sunday, a move that has added to Turkish anger over U.S. support for Kurdish-dominated forces in Syria.