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China electric car execs call for policy support, end to protectionism

SHANGHAI (Reuters) - Delegates to China's annual meeting of parliament have urged the state to provide more policy clarity for the electric car industry and overhaul a local government subsidy program they say has distorted the market.


Megaupload founder Kim Dotcom asks for Obama to appear in NZ damages case

WELLINGTON (Reuters) - Internet entrepreneur Kim Dotcom said on Tuesday he has filed an application for former U.S. President Barack Obama to appear in court in relation to a damages claim over his defunct Megaupload streaming website while Obama visits New Zealand this week.


UPDATE 2-CEFC China's chairman to step down; CITIC in talks to buy stake in unit

* Ye probed for alleged economic crimes by Chinese authorities


CITIC Group in talks for up to 49 pct stake in CEFC unit - CEFC exec

BEIJING, March 20 (Reuters) - CEFC China Energy is in talks with China's state-run CITIC Group for CITIC to take a maximum 49 percent stake in the private conglomerate's European unit, a CEFC executive briefed on the matter told Reuters on Tuesday.


BlackBerry must face revived U.S. lawsuit over BlackBerry 10

NEW YORK (Reuters) - A U.S. judge on Monday rejected BlackBerry Ltd's request to dismiss a lawsuit claiming it inflated its stock price and defrauded shareholders by painting a misleadingly positive picture of sales prospects for its BlackBerry 10 smartphones.


GRAINS-Wheat prices firm after deep losses, rains aid drought-hit US winter crop

SINGAPORE, March 20 (Reuters) - Chicago wheat prices rose on Tuesday, clawing back some ground from their biggest three-day decline since 2013 after rains brought relief to the parched U.S. winter wheat crop in the southern Plains. Corn ticked higher to end a four-session losing streak, while soybeans edged up following deep losses on Monday. FUNDAMENTALS * The Chicago Board of Trade most-active wheat contract had risen 0.9 percent to $4.54-3/4 a bushel by 0058 GMT. The ma


Privacy issues emerge as major business risk for Facebook

SAN FRANCISCO/ FRANKFURT (Reuters) - Facebook faces substantial business risks from new European Union privacy rules set to take effect in May, a looming reality that came into stark relief over the weekend with revelations that a controversial political consulting firm had improperly obtained personal data on 50 million Facebook users.


United Airlines image bruised after latest round of PR fiascos

NEW YORK (Reuters) - United Airlines is struggling to repair its badly bruised public image after the death of a puppy onboard one of its flights reignited public debate about the airline's customer service failures.


'Socially responsible' investors reassess Facebook ownership

NEW YORK (Reuters) - With European and U.S. lawmakers calling for investigations into reports that Facebook user data was accessed by UK based consultancy Cambridge Analytica to help President Donald Trump win the 2016 election, investors are asking even more questions about the social media company's operations.


Puerto Rico power utility hacked but customer data not at risk

NEW YORK (Reuters) - Puerto Rico's bankrupt power utility, PREPA, said on Monday it had been hacked over the weekend, but customer information was not compromised.


BRIEF-Sanchez Midstream Partners Says Co Issued 210,978 Common Units To SP Holdings

* SANCHEZ MIDSTREAM PARTNERS LP - ‍ON MARCH 15, 2018, CO ISSUED 210,978 COMMON UNITS TO SP HOLDINGS LLC - SEC FILING​ Source text: ( Further company coverage:

Nix, Alexander

Cambridge Analytica, Trump-Tied Political Firm, Offered to Entrap Politicians

A British TV station sent a reporter to pose as a prospective client, and secretly filmed Cambridge Analytica’s chief executive offering to engage in dirty tricks.


G20 leaders to hold fire on cryptocurrencies amid discord: sources

BUENOS AIRES (Reuters) - The world's financial leaders gathering in Argentina on Monday are likely to stop short of any specific action aimed at regulating cryptocurrencies such as Bitcoin, amid discord over the approach, sources at the summit told Reuters.


California regulator proposes to regulate Uber like tour buses, limos

SAN FRANCISCO (Reuters) - A California regulator issued a proposed decision on Monday classifying Uber Technologies Inc [UBER.UL] as the same type of transportation as limousines and tour buses, a finding that could change how the ride-hailing company is regulated in its home state.


Google courts game developers with expanded services lineup

SAN FRANCISCO (Reuters) - Alphabet Inc's Google on Monday unveiled new tools for game developers, days after opening Maps to create location-based online games, challenging technology rivals including Inc in the bid for a bigger slice of the lucrative industry.

Ex-employee: Firm creates 'web of disinformation'

After a report showed Cambridge Analytica, a data firm with ties to the Trump campaign, used private information from 50 million Facebook users, a whistleblower is explaining how the data was used.

Man banned from Facebook for giving data to firm that worked for Trump's campaign is willing to speak to FBI

Trump has a unique opportunity to help Yemen

The Middle East today is poised between multiple wars fueling extremism and a burgeoning younger generation looking for a new start.

Oscar Munoz's tough ride as United CEO


Global regulators to work on test bed for fintechs

LONDON (Reuters) - Regulators from across the world start work this week on a blueprint for a global "sandbox" or testing bed for new financial technology applications, Britain's Financial Conduct Authority said on Monday.


UK government to study cryptocurrency risks in more detail

LONDON (Reuters) - Britain's government and regulators will look in detail at the potential risks from cryptocurrencies like bitcoin, British junior finance minister John Glen said on Monday.


SoftBank could relist British chip designer ARM: FT

(Reuters) - SoftBank Group Corp could relist ARM Holdings, the British chip designer it bought two years ago, according to a senior executive at the Japanese conglomerate, the Financial Times reported on Monday.


More shoppers want customer service from gadgets over humans: study

(Reuters) - Most buyers prefer to be left alone as they shop in store for items like apparel and prefer to use in-store technology for customer service over personalized attention from store employees, according to a new study.


Ikea rival Home24 trims losses as it eyes listing​

BERLIN (Reuters) - German online retailer Home24, which wants to challenge IKEA's dominance of the European furniture market, accelerated sales and trimmed its losses in the fourth-quarter after sources said it is considering a stock market listing.


Apple developing own screens using next-generation MicroLED tech: Bloomberg

(Reuters) - Apple Inc is developing its own MicroLED device displays and has made small numbers of the screens for testing, Bloomberg reported, in a move that could hurt Asian display suppliers to the U.S. tech giant over the long-term.

Hurricane Harvey (2017)

How a Community Was Sacrificed to Save Houston

Cinco Ranch was designed to be flooded. So after Hurricane Harvey hit, the Texas suburb was sacrificed to save the city of Houston. We followed homeowners as they decided whether to cut their losses or rebuild, knowing it could happen again.


Shares mixed, yen firm as anxious markets await Fed

SYDNEY (Reuters) - Asian share markets traded mixed on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest rates and perhaps signal that as many as three more lie in store for the rest of the year.


GLOBAL MARKETS-Shares mixed, yen firm as anxious markets await Fed

SYDNEY, March 19 (Reuters) - Asian share markets traded mixed on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest rates and perhaps signal that as many as three more lie in store for the rest of the year.


Apple is designing and testing screens: Bloomberg

NEW YORK (Reuters) - Apple Inc. is for the first time creating its own device displays, according to a Bloomberg News report on


RPT-Baidu video streaming unit iQiyi launches $2.4 bln U.S. IPO

March 18 (Reuters) - Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content.


Security advisers from U.S., South Korea, Japan meet on North Korean summits: Seoul

SEOUL (Reuters) - The top national security advisers of the United States, South Korea and Japan met at the weekend to discuss North Korea and the "complete denuclearization of the Korean peninsula", South Korea's presidential Blue House said on Monday.


Merkel to push for EU unity on delicate Poland trip

BERLIN/WARSAW (Reuters) - German Chancellor Angela Merkel will emphasize bilateral ties and the need for European unity when she meets with top Polish officials, amid ongoing differences between the allies over Polish judicial reforms, migration and a new gas pipeline.

Facebook under fire over how data got into hands of a firm with Trump ties

Politicians on both sides of the Atlantic want answers after Facebook's latest controversy involving the 2016 election.

Facebook probes employee's links to data firm that has ties to Trump


G20 watchdog focuses on rules review, holds fire on cryptocurrencies

LONDON (Reuters) - The global watchdog that drove through a welter of banking and market reforms after the financial crisis said it will pivot more toward reviewing existing rules and away from designing new ones.


Peru president says he used offshore firm to legally avoid U.S. taxes: audio

LIMA (Reuters) - Peru's embattled President Pedro Pablo Kuczynski told a congressional investigative committee that he used a company in the British Virgin Islands to legally avoid paying U.S. taxes, according to audio heard by Reuters on Sunday.


Bundesbank's Buch adds to calls for cryptocurrency regulation

BERLIN (Reuters) - Regulation of cryptocurrencies must be considered, Bundesbank vice president Claudia Buch told Reuters, even though she does not believe they pose a threat to financial stability.


China's Didi looks to raise $1.6 billion via asset-backed securities

SHANGHAI (Reuters) - A unit of Chinese ride-hailing firm Didi Chuxing has submitted an application to raise 10 billion yuan ($1.6 billion) through an issuance of asset-backed securities.


Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO

(Reuters) - Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content.


Baidu video streaming unit iQiyi launches $2.4 bln U.S. IPO

March 18 (Reuters) - Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc , has launched an initial public offering in New York worth up to $2.4 billion, seeking to expand its range of content.

Russian Interference in 2016 US Elections and Ties to Trump Associates

Data Firm Tied to Trump Campaign Talked Business With Russians

Cambridge Analytica, a company that developed technology to target voters, has denied having connections to Russia. But evidence suggests otherwise.


Albania arrests 39 for smuggling people into Britain and United States

TIRANA (Reuters) - Albanian police arrested 39 people on Saturday including four police officers on charges of having smuggled some 1,000 Albanians to Britain, the United States and Canada, and are looking for a dozen others, including two Bulgarians.

Comedy and Humor

Loose Ends: Daily Affirmations From the White House

Sometimes the right mantra is what you need to put everything in perspective.

Facebook suspends firm with Trump ties

Facebook has announced it is suspending Cambridge Analytica, a data firm with ties to President Donald Trump's campaign, over concerns about violations of the social media site's policies.


Daimler cars unit invests to ramp up output to 3 million vehicles

FRANKFURT (Reuters) - Germany' Daimler is in a push to boost production capacity as its Mercedes-Benz Cars unit eyes annual sales of 3 million vehicles, up from 2.4 million last year, an executive told weekly publication Automobilwoche.

#MeToo Movement

President of Steven Cohen’s Investment Firm Quits Amid Gender Bias Lawsuit

Douglas Haynes stepped down as president of the $11 billion investment firm, a month after being named as a defendant in a gender discrimination lawsuit.

Race for tax breaks that help poor communities


Facebook suspends data analytics firm that worked for Trump campaign

(Reuters) - Facebook Inc on Friday said it was suspending political data analytics firm Cambridge Analytica, which worked for President Donald Trump’s 2016 election campaign, after finding data privacy policies had been violated.

United Airlines flight diverted after third pet incident in a week

Already under scrutiny about a dog dying in an overhead bin and another dog being accidentally sent to Japan, United Airlines on Friday acknowledged its third animal-related mistake in a week.


Colombia's Cerro Matoso mine must pay damages to local communities, court rules

BOGOTA, March 16 (Reuters) - Colombia's Cerro Matoso nickel mine, owned by Australian miner South32, must pay damages to indigenous and Afro-Colombian communities affected by its operations in Cordoba province, Colombia's constitutional court said on Friday.

Dog reunited with owners after Japan detour

A dog named Irgo has been reunited with his family, after accidentally being flown to Japan by United Airlines.


BRIEF-Marriott Vacations Worldwide - Co, Units Entered ‍ Omnibus Amendment No. 7 To Certain Agreements Associated With $250 Million Warehouse Credit Facility​



Coca-Cola, U.S. State Dept to use blockchain to combat forced labor

NEW YORK (Reuters) - Coca-Cola Co and the U.S. State Department along with two other companies said on Friday they are launching a project using blockchain's digital ledger technology to create a secure registry for workers that will help fight the use of forced labor worldwide.


Rocket Internet explores IPO of online shopping group Jumia: sources

FRANKFURT (Reuters) - German start-up investor Rocket Internet is exploring a stock market listing of loss-making African online shopping platform Jumia, people close to the matter said.


Seoul aims for more talks about talks with North Korea this month

SEOUL/WASHINGTON (Reuters) - South Korea said on Friday it was seeking high-level talks this month with North Korea to prepare for a summit and that the South Korean president may meet Donald Trump before the U.S. president's planned meeting with the North Korean leader.


U.S. court halts activities of four people in cryptocurrency schemes

WASHINGTON (Reuters) - A federal court has halted the activities and frozen the assets of four people who allegedly promoted schemes falsely promising large returns for small payments of bitcoin and other cryptocurrencies, the Federal Trade Commission said on Friday.

Snapchat stock loses $800M after Rihanna responds


Istanbul taxi drivers go to court to seek shutdown of Uber

ISTANBUL (Reuters) - Istanbul's taxi drivers have taken Uber to court, accusing the U.S.-based ride-hailing app of endangering their livelihoods in a case that could crimp its business in Europe's largest city.


Argentina prepares 4G spectrum auction that could raise $800 million: source

BUENOS AIRES (Reuters) - Argentina is preparing to auction 90 megahertz of 4G spectrum to mobile telephone and internet companies in a process that has already attracted interest from Telecom Argentina SA, Telefonica SA and Claro, a government source told Reuters.


Trump asked South Korea officials to show flexibility in trade talks: Seoul

SEOUL (Reuters) - U.S. President Donald Trump asked South Korean officials to show flexibility in trade negotiations with the United States in a phone call with South Korean President Moon Jae-in, the Blue House said in a statement on Friday.


BRIEF-Knight-Swift Transportation Says Unit Acquired All Of Issued And Outstanding Equity Interests Of Abilene Motor Express‍​

March 16 (Reuters) - Knight-Swift Transportation Holdings Inc:


French food retailer Leclerc takes on rivals to crack Paris

PARIS (Reuters) - French supermarket chain Leclerc, which launches a home delivery service in Paris this month, also aims to open click and collect stores and hypermarkets in the capital.


Johnson & Johnson says offered $2.1 billion for LifeScan diabetes unit

(Reuters) - Johnson & Johnson has been offered about $2.1 billion for its LifeScan Inc unit, which makes blood glucose monitoring products, by private investment firm Platinum Equity, the healthcare company said on Friday.


New head of scandal-hit Kobe Steel may seek mergers for some business units

(Reuters) - Kobe Steel's new president on Friday said he may seek mergers or alliances outside the company for one or more of its business divisions, as he battles to repair damage from a data fraud scandal that roiled Japanese industry.

Rihanna slams Snapchat for mocking her assault

Rihanna responds to Snapchat's apology for an advertisement that appeared to mock her domestic violence incident with her former boyfriend, Chris Brown.


UPDATE 1-Lanxess drops out of bidding for Akzo Nobel unit -sources

* Unit seen valued at around 9 bln euros (Adds details, background)

technologyNews's finance unit aims to raise $1.9 billion, valuation set to double: sources

HONG KONG (Reuters) - Inc's finance arm is looking to raise about 12 billion yuan ($1.9 billion) in fresh equity that could see its value double from last year to more than $20 billion, three people with knowledge of the matter said.


UPDATE's finance unit aims to raise $1.9 bln, valuation set to double -sources

* New fundraising to value JD Finance at over $20 bln -sources


UK city Birmingham wants further details from Uber before license decision

LONDON (Reuters) - Britain's second city Birmingham is seeking clarity from Uber [UBER.UL] on its business model as it decides whether to renew the taxi app's license after granting a temporary extension.


Trading in Samsung Electronics to be halted April 30-May 3 for stock split

SEOUL (Reuters) - Samsung Electronics said on Friday trading in its shares will be halted for three days between April 30 and May 3 for its planned stock split.


Leshi shares plunge after 'white knight' chairman resigns

HONG KONG (Reuters) - Shares in Leshi Internet Information & Technology Corp Beijing slumped 10 percent on Friday after its chairman resigned, fanning fears he would no longer play a white knight role for the embattled firm.


Toyota, Uber in talks on self-driving tech: Nikkei

TOKYO (Reuters) - Uber Technologies is discussing the possibility of installing its self-driving system in Toyota Motor Co vehicles as the U.S. ride-hailing firm seeks to sell its autonomous driving technology to outside companies, the Nikkei reported on Friday.

Dog diverted to Japan reunites with family

More than 11,000 miles and about 48 hours later, Irgo has finally arrived at his new home in Kansas.


BRIEF-Skyworth Digital's Unit Enters Deal About Proposed Investment By An Investor Into COOCAA



Shares in China's Leshi tumble after 'white knight' chairman resigns

HONG KONG (Reuters) - Shares in Leshi Internet Information & Technology Corp Beijing slumped by their daily limit of 10 percent on Friday after its chairman resigned, fanning fears he would no longer play a white knight role for the embattled firm.


China depository receipts to be launched soon: Shanghai Securities News

SHANGHAI (Reuters) - China is preparing to launch depository receipts that would open the door to some of the country's top tech firms issuing a form of shares on the mainland, the state-run Shanghai Securities News said on Friday, citing a senior regulatory official.


Legal battle over Credit Suisse 'volatility' product expands to second firm

NEW YORK (Reuters) - The legal fight over a complex Credit Suisse financial instrument betting on stock market swings is expanding, with a new lawsuit targeting one of the product's service providers.


U.S. tech companies win changes in bill to limit China access to technology

WASHINGTON (Reuters) - Lawmakers pushing legislation aimed at preventing China from acquiring sensitive U.S. technology have proposed relaxing elements of the measure after lobbying by high-tech firms but will tighten another portion, according to a draft revision seen by Reuters.


Adobe tops estimates on higher Creative Cloud subscriptions

(Reuters) - Adobe Systems Inc topped analysts' profit and revenue estimates for the seventh straight quarter on higher subscriptions for its Creative Cloud suite of software, and pointed to rising average revenue per user.


Spotify touts growth over profits in listing pitch to retail investors

LONDON/SAN FRANCISCO (Reuters) - Streaming music leader Spotify used its cultural cool factor to appeal to mom-and-pop investors in an unconventional presentation ahead of its April 3 stock market listing.


BRIEF-Novelion Therapeutics Says Its Unit Has Entered Into A New Secured Financing Facility



Adobe results top estimates on higher Creative Cloud subscriptions

(Reuters) - Adobe Systems Inc's earnings and revenue topped Wall Street forecasts for the seventh straight quarter, led by higher subscriptions for its flagship Creative Cloud suite of software that houses Photoshop.


Rihanna urges fans to delete Snapchat after ad mocking assault by Brown

LOS ANGELES (Reuters) - Pop star Rihanna urged fans on Thursday to delete Snapchat after the social media app ran an ad making fun of her 2009 beating at the hands of then boyfriend Chris Brown.

Airlines and Airplanes

Fallout for United Airlines Continues After Death of Kokito the French Bulldog

The airline admitted fault, as senators introduced a bill designed to prevent more animals from dying in flight.

Social Media

Rihanna Protests Ad on Snapchat that Mocks Domestic Violence

“This advertisement is disgusting and never should have appeared on our service,” said a Snapchat spokesperson.


Spotify shuns traditional IPO, pitches growth to retail investors

LONDON/SAN FRANCISCO (Reuters) - Streaming music leader Spotify said on Thursday it has a clear path to profit as it spelled out to retail investors its growth plans and how it aims to fend off big rivals Apple Inc and Inc ahead of an unusual April 3 listing.


UK's CMC Markets launches cryptocurrency trading

(Reuters) - Online trading platform CMC Markets Plc said on Thursday it had launched contracts for differences (CFDs) and spreadbetting offerings for cryptocurrencies following significant interest from its users.


China may adopt some of Germany's law on self-driving cars: expert

BERLIN (Reuters) - The Chinese government is evaluating a German law that lays the groundwork for use of self-driving cars, and will likely adopt some of the German rules, a legal expert said on Thursday.


Rihanna urges fans to delete Snapchat after domestic violence ad

LOS ANGELES (Reuters) - Pop star Rihanna urged fans on Thursday to delete Snapchat after the social media app ran an ad making fun of her 2009 beating at the hands of then boyfriend Chris Brown.


EU to propose 3 percent digital tax on turnover of large firms: draft

BRUSSELS (Reuters) - Large companies with significant digital revenues in the European Union could face a 3 percent tax on their turnover under a draft proposal from the European Commission seen by Reuters.


EU to propose 3 pct digital tax on turnover of large firms- draft

BRUSSELS, March 15 (Reuters) - Large companies with significant digital revenues in the European Union could face a 3 percent tax on their turnover under a draft proposal from the European Commission seen by Reuters.


Spotify says path to profits clear ahead of stock market listing

LONDON/SAN FRANCISCO (Reuters) - Streaming music leader Spotify said on Thursday it has a clear path to profit as it prepared to spell out to investors the company's growth plans and how it aims to fend off major rivals ahead of a stock market listing.


Facebook Lite to launch in developed countries, including U.S.

(Reuters) - Facebook Inc on Thursday said it will roll out the stripped down version of its social media platform, Facebook Lite, to more countries including developed ones, to attract users struggling with slower mobile data connections.


How Congo faced down some of the world's biggest mining firms

DAKAR (Reuters) - In an ornate room in Democratic Republic of Congo's presidential palace last week, some of global mining's most powerful men faced off against government officials over proposed changes to the country's mining code.

Rihanna to Snapchat: 'Shame on you'

Rihanna does not think much of Snapchat's apology for an advertisement that appeared to mock her domestic violence incident with her former boyfriend, Chris Brown.


Many transgender patients pay cash for gender-affirming surgery

(Reuters Health) - Even though a growing number of transgender patients now use insurance for gender-affirming surgery, almost half are still paying cash for procedures their health plans don’t cover, a U.S. study suggests.


Blue Apron plans to sell meal kits in stores in 2018

(Reuters) - Blue Apron Holdings Inc said on Thursday it plans to sell meal kits in stores this year, as it attempts to spur growth by attracting more people to its subscription-based service.


BRIEF-Long Blockchain Agrees To Acquire Hashcove, A UK-Based Company



BlackBerry says CEO Chen to stay on through 2023

(Reuters) - BlackBerry Ltd, has extended Executive Chairman and Chief Executive John Chen's contract by five years through November 2023, the Canadian company said on Thursday.


What is 5G and who are the major players?

LONDON/SAN FRANCISCO (Reuters) - U.S. President Donald Trump has blocked microchip maker Broadcom Ltd's $117 billion takeover of rival Qualcomm amid concerns that it would give China the upper hand in the next generation of mobile communications, or 5G.


Uber to share its London data in latest charm offensive

LONDON (Reuters) - Uber [UBER.UL] said on Thursday it will share data gathered from the millions of trips its cars make in London in the latest move to meet requests from the city's regulator, which stripped the taxi app of its license last year.


EU antitrust regulators to decide on Apple, Shazam deal by April 23

BRUSSELS (Reuters) - EU antitrust authorities will decide by April 23 whether to clear iPhone maker Apple's buy of British music discovery app Shazam, the European Commission said on Thursday.


AirBnB stays in Amsterdam up 25 percent despite restrictions: study

AMSTERDAM (Reuters) - Overnight stays in Amsterdam booked via AirBnB grew strongly in 2017, despite restrictions placed on homeowners by the city, according to a study published on Thursday by Colliers' and Hotelschool The Hague.


South Korea's Lotte Data Communication says plans IPO

SEOUL (Reuters) - Lotte Data Communication Co, a unit of South Korea's Lotte Group, said on Thursday it has sought approval from the country's stock exchange for an initial public offering (IPO).


Regulators raid Amazon Japan on suspicion of anti-trust violation

TOKYO (Reuters) - Amazon Japan said on Thursday it had been raided by the country's fair trade regulator on suspicion of a possible anti-trust violation.


Samsung Electronics says to start building new China memory chip line this month

SEOUL (Reuters) - Samsung Electronics Co Ltd plans to begin building a new memory chip production line in China in late March, a spokesman said on Thursday, as the tech giant ramps up efforts to boost NAND flash technology to meet future demand.


Auto parts maker Magna invests $200 million in Lyft

(Reuters) - Canadian automotive parts supplier Magna International Inc said on Wednesday it will invest $200 million in Lyft Inc and work with the U.S. ride-hailing firm to manufacture self-driving cars.

United ships dog bound for Kansas to Japan

United Airlines wrongly shipped a Kansas-bound pet dog to Japan, the second embarrassment this week for the airline and a "nightmare" for the Swindle family -- who are moving from Oregon to Wichita with their beloved pet, a 10-year-old German shepherd named Irgo.


Democrats cite Tesla probe in raising self-driving car bill concerns

WASHINGTON (Reuters) - Five Democratic U.S. senators on Wednesday urged changes to a stalled landmark bill aimed at speeding the deployment and testing of self-driving cars.

United had the highest rate of airline pet deaths in 2017. And in 2016. And in 2015

For pets, the skies of United Airlines lately have not been so friendly.


BRIEF-Sir Royalty Income Fund Reports Qtrly Net Earnings For Fund $0.28 Per Fund Unit



Pressure builds on United over puppy that died on flight

NEW YORK (Reuters) - United Airlines faced fresh backlash on Wednesday over a puppy that died in-flight after a cabin attendant ordered it stowed in an overhead bin, with a U.S. senator demanding an explanation for the high number of animals that have died in the carrier's care.


Panama Papers law firm Mossack Fonseca to shut down after tax scandal

PANAMA CITY (Reuters) - Mossack Fonseca, the Panamanian law firm at the center of the "Panama Papers" scandal, said on Wednesday it was shutting down due to the economic and reputational damage inflicted by its role in the global tax evasion debacle.


Google bans cryptocurrency advertising, bitcoin price slumps

LONDON (Reuters) - Alphabet Inc's Google said on Wednesday it was banning advertisements for cryptocurrencies and initial coin offerings, the latest internet company to clamp down on the sector amid growing concerns about scams.


Disney creates streaming video unit for digital future

LOS ANGELES (Reuters) - Walt Disney Co said on Wednesday it had created a new unit for its streaming video and international businesses as the company retools its traditional media operation for a world rapidly embracing online video.


Disney reorganizes businesses, creates direct-to-consumer unit

LOS ANGELES (Reuters) - Walt Disney Co announced a reorganization on Wednesday that will create a new direct-to-consumer and international unit as the entertainment company adapts to a rapid shift toward online and mobile viewing.


America Movil to roll out 4.5G in 76 cities by end-2018

MEXICO CITY (Reuters) - America Movil, Mexico's largest telecommunications firm, will roll out a faster 4.5G network in 76 cities across the country by the end of 2018, the company's chief executive Daniel Hajj said on Wednesday.


UK privacy watchdog ends WhatsApp probe after compliance pledge

(Reuters) - Britain's privacy watchdog said it had dropped an investigation into WhatsApp after the messaging service signed an undertaking not to share the personal data of users with its owner Facebook.


UK-based Coinfloor to launch physically settled bitcoin futures

BOCA RATON, Fla. (Reuters) - Cryptocurrency exchange operator Coinfloor said on Wednesday it will launch a futures exchange for digital assets that will include the first physically delivered bitcoin futures contracts next month.

Stephen Hawking, Pennsylvania, United Airlines: Your Wednesday Briefing

Here’s what you need to know to start your day.

United apologizes for dog's death

For more than three hours, a passenger's dog was inside an overhead bin on United Airlines Flight 1284 from Houston to New York after a flight attendant told the passenger to put it there.


BRIEF-Rusoro Mining Wins Key U.S. Court Ruling Confirming Arbitration Award



Facebook bans far-right group Britain First for inciting hatred

LONDON (Reuters) - Facebook said on Wednesday it banned Britain First from its platform for breaking rules against inciting hatred, blacklisting a far-right group brought to global attention when U.S. President Donald Trump retweeted its anti-Islamic posts.


Tokyo bids farewell to 'trustworthy' Tillerson, Seoul awaits seasoned Pompeo

TOKYO/SEOUL (Reuters) - Japan's foreign minister said on Wednesday he personally regretted the departure of "frank, trustworthy" U.S. Secretary of State Rex Tillerson ahead of a proposed summit between President Donald Trump and North Korean leader Kim Jong Un.


Chinese investors want relaxed rules for tech IPOs: exchange

SHANGHAI (Reuters) - Most Chinese investors expect regulators to relax rules on initial public offerings (IPOs) by technology companies, and would like to invest in such domestic listings, the Shenzhen Stock Exchange said on Wednesday, citing a recent survey.


France to sue Google, Apple over developer contracts: minister

PARIS (Reuters) - France will take Google and Apple to court over contractual terms imposed by the tech giants on startups and developers, said Finance Minister Bruno Le Maire.


Tokyo farewells 'trustworthy' Tillerson, Seoul awaits seasoned Pompeo

TOKYO/SEOUL (Reuters) - Japan's foreign minister said on Wednesday he personally regretted the departure of "frank, trustworthy" U.S. Secretary of State Rex Tillerson ahead of a proposed summit between President Donald Trump and North Korean leader Kim Jong Un.


Singapore investigating firms accused of selling luxury goods to North Korea

SINGAPORE (Reuters) - Singapore said on Wednesday it was investigating two local companies accused of supplying luxury goods to North Korea in violation of U.N. sanctions.

Dog dies in overhead bin on United flight

In the wake of social media outrage over reports that a dog died on one of its flights Monday night after being put in an overhead bin, United Airlines acknowledged in a statement that a "tragic accident" had occurred.


Maryland firm settles U.S. charges over bribes to Russian official

WASHINGTON (Reuters) - A Maryland-based company has agreed to pay $2 million to settle charges that it bribed a Russian official to win contracts to ship uranium to the United States, U.S. authorities said on Tuesday.


JPMorgan invests in fixed-income data startup

(Reuters) - JPMorgan Chase & Co has made a strategic investment in Mosaic Smart Data, a company that has developed technology to help banks make their fixed-income sales and trading businesses more profitable.


YouTube to display Wikipedia blurbs alongside conspiracy videos

SAN FRANCISCO (Reuters) - YouTube will begin displaying text from Wikipedia articles and other websites alongside some videos in a couple of weeks as the unit of Alphabet Inc's Google attempts to combat hoaxes and conspiracy theories on the service, its chief executive said on Tuesday.


Amazon launches first debit card in Mexico e-commerce push

MEXICO CITY (Reuters) - Inc launched its first-ever debit card on Tuesday in Mexico, part of a push to encourage shoppers without bank accounts to buy online.


United Airlines Apologizes After Dog Dies in Overhead Compartment

A witness said a flight attendant told the pet owner to store her dog in the overhead compartment. The airline said it accepted full responsibility.


British city of Sheffield renews Uber's license for five years

(Reuters) - Uber Technologies Inc said on Tuesday authorities in the northern English city of Sheffield had renewed the ride hailing service's operating license for five years following a brief suspension.


UPDATE 2-After short-selling surge, Israeli firm says it finds AMD chip flaw

March 13 (Reuters) - An Israeli cyber security research firm with six employees on Tuesday said it had found flaws in Advanced Micro Devices microprocessors that made them vulnerable to hacks.


UPDATE 1-Starbucks signs licensing agreement with Brazil investment firm

SAO PAULO, March 13 (Reuters) - Sao Paulo investment firm SouthRock Capital has signed an agreement with Starbucks Corp that gives it the right to develop and operate branches of the Seattle-based chain in Brazil, the companies said late on Monday.


Google brings free WiFi to Mexico, first stop in Latin America

MEXICO CITY (Reuters) - Alphabet's Google said on Tuesday that it will launch a network of free Wi-Fi hotspots across Mexico, part of the search giant's effort to improve connectivity in emerging markets and put its products in the hands of more users.


Zara to lure millennials with augmented-reality displays

A CORUNA, Spain (Reuters) - Zara, the fashion chain owned by the world's biggest clothing retailer Inditex , will introduce augmented reality displays from April, it said on Tuesday, in an effort to lure millennials into its stores.


Exclusive: G20 financial heads to urge crypto-asset monitoring to safeguard financial stability

BRUSSELS (Reuters) - The world's financial leaders will call on international standard-setting bodies on March 20 for stronger monitoring of crypto-assets and to assess the need for a multilateral response as such assets could at some point threaten financial stability.


Digital currency sales face rocky path with more regulatory focus

NEW YORK (Reuters) - A global regulatory crackdown on cryptocurrencies created by startups to finance new projects could slow the pace of virtual currency sales as questions mount about their transparency and the risk of scams for investors.


Slovenia claims world's first blockchain monument

KRANJ, Slovenia (Reuters) - The first monument to the blockchain technology that underpins crypto-currencies took center stage on Tuesday on a roundabout in Slovenia, authorities in the country's fourth largest city said.


Sri Lanka to lift social media ban: minister

COLOMBO (Reuters) - Sri Lanka is likely to lift a ban on social media networks this week, a government minister said on Tuesday, almost a week after blocking access to prevent the spread of communal violence.


Mexican actor Garcia Bernal brings call for end to impunity to U.N.

GENEVA (Reuters) - Actor and filmmaker Gael Garcia Bernal called on Tuesday for the United Nations and governments around the world to put pressure on his native Mexico to end impunity for corruption and large-scale killings.


Microsoft women filed 238 discrimination and harassment complaints

SAN FRANCISCO (Reuters) - Women at Microsoft Corp working in U.S.-based technical jobs filed 238 internal complaints about gender discrimination or sexual harassment between 2010 and 2016, according to court filings made public on Monday.


SocGen in exclusive talks to buy Commerzbank's EMC unit -Handelsblatt‍​

FRANKFURT, March 13 (Reuters) - French lender Societe Generale has entered exclusive talks to buy the Equities, Markets and Commodities (EMC) division of Germany's Commerzbank after beating rival bidder Goldman Sachs , Handelsblatt reported on Tuesday.


Amazon recalls power banks due to fire, chemical burn hazards

(Reuters) - Inc has recalled some of its portable chargers in the United States following reports of overheating and fire, the U.S. Consumer Product Safety Commission (CPSC) said on Tuesday.


AMD chips may have security flaws, report says

(Reuters) - Advanced Micro Devices is investigating a report that some of its processors have security vulnerabilities, the U.S. chipmaker said on Tuesday.

Senate sets Pompeo confirmation hearing for April

Sen. Bob Corker, chairman of the Senate Foreign Relations Committee, said in a statement that Mike Pompeo's confirmation hearing for secretary of state will be in April, but didn't specify a specific date.


Exclusive: Fitness app Strava overhauls map that revealed military positions

SAN FRANCISCO (Reuters) - Fitness-tracking app Strava said starting on Tuesday it will restrict access to an online map that shows where people run, cycle and swim and remove some data after researchers found it inadvertently revealed military posts and other sensitive sites.


IMF's Lagarde says cooperation needed to keep crypto-assets safe

WASHINGTON (Reuters) - Governments and central banks need to collaborate on developing regulations for crypto-assets to prevent them from becoming a new vehicle for money laundering and terrorist financing, International Monetary Fund Managing Director Christine Lagarde said on Wednesday.


UPDATE 2-Fibria controlling shareholders confirm bid from Paper Excellence

RIO DE JANEIRO, March 13 (Reuters) - BNDESPar and Votorantim Participações SA confirmed on Tuesday that they have received an unsolicited takeover bid from Netherlands-based Paper Excellence for their controlling stake in Brazilian pulp producer Fibria Celulose SA.


Spotify enters South African market

JOHANNESBURG (Reuters) - Global music streaming provider Spotify is set to launch its services in South Africa on Tuesday, marking its entry into Africa, where there is a rapid uptake of smartphones and improving telecommunications infrastructure.


UnitedHealth names former GSK CEO Andrew Witty as Optum head

(Reuters) - Health insurer UnitedHealth Group Inc on Tuesday named its board member and former GlaxoSmithKline Plc head Andrew Witty as chief executive of its pharmacy benefit unit, Optum, effective July 1.


Finland invests $1 billion in Nokia to boost national influence

HELSINKI (Reuters) - Finland's government investment arm has spent about 844 million euros ($1.04 billion) on building a 3.3 percent stake in Nokia to strengthen national influence over the telecom network gear maker.


Salesforce launches simplified software aimed at small businesses

SAN FRANCISCO (Reuters) - Inc on Tuesday launched new sales and customer service software tailored specifically for small businesses, a market the company has struggled to address.


South Dakota urges Supreme Court to click 'buy' on internet sales tax

PIERRE, South Dakota (Reuters) - The woman walked into Cash Hogen's hardware store last fall to ask a single question about a KitchenAid mixer on display: What did the manufacturer call that color scheme?


Spain's Amazon workers call two-day strike over wages, rights

MADRID (Reuters) - Over one thousand Amazon workers in Spain plan to stage their first strike with a two-day walkout to protest what unions claim are efforts to reduce employees' rights, union Comisiones Obreras (CCOO) said on Tuesday.


South Korea's Kakao to monetize taxi-hailing app by charging for some services

SEOUL (Reuters) - South Korea's top chat app operator Kakao Corp said on Tuesday it will start charging fees for some services such as faster taxi bookings and business trips, ending nearly three years of wholly free services offered by its taxi-hailing app.


S.Korea's Kakao to monetize taxi-hailing app by charging for some services

SEOUL, March 13 (Reuters) - South Korea's top chat app operator Kakao Corp said on Tuesday it will start charging fees for some services such as faster taxi bookings and business trips, ending nearly three years of wholly free services offered by its taxi-hailing app.


Indonesia eyes fintech regulation to avoid 'loan shark-like' practices

JAKARTA (Reuters) - Indonesia's financial regulator said it was considering setting a cap on interest rates and the size of loans offered by fintech firms, in a move aimed at minimizing the risk of defaults.


Shanghai government says Tesla talks on track despite Musk outburst

SHANGHAI (Reuters) - Talks between Telsa Inc and Shanghai authorities over building a local manufacturing plant remain on track, the city government said on Tuesday, easing concerns of a breakdown in negotiations after the electric carmaker's chief criticized Chinese trade rules last week.


Grab forms venture with Japan's Credit Saison for lending services

SINGAPORE (Reuters) - Southeast Asia's Grab has formed a venture with Japanese credit card company Credit Saison Co Ltd to provide loans and lending services in the region, marking the ride-hailing firm's biggest expansion into financial services.


Chinese bike-sharing firm Ofo raises $866 mln led by Alibaba

BEIJING, March 13 (Reuters) - Chinese bike-sharing firm Ofo has raised $866 million in new funding led by Alibaba Group Holding Ltd, in what it said was the largest investment garnered in a single round by a bike-sharing startup.


Uber re-enters Barcelona with professional driver service

LONDON (Reuters) - Uber is seeking a second chance in Barcelona three years after it was forced to shut down in the face of taxi driver protests by introducing a fully licensed ride-hailing service that meets local transportation laws.

House Republicans break with intel community and say they found no evidence of collusion

Republicans on the House Intelligence Committee announced Monday they found no evidence that the Trump campaign colluded with Russia and that they are shutting down their yearlong investigation.


U.N. investigators cite Facebook role in Myanmar crisis

GENEVA (Reuters) - U.N. human rights experts investigating a possible genocide in Myanmar said on Monday that Facebook had played a role in spreading hate speech there.


U.S. says Broadcom review confirms security concerns

(Reuters) - The U.S. Treasury Department told Singapore-based Broadcom Ltd it confirmed some of its national security concerns about the chipmaker's unsolicited bid to buy rival Qualcomm Inc , in an apparent attempt to block any deal before it is signed.


Central banks told to think twice before boarding Bitcoin bandwagon

LONDON (Reuters) - Central banks should think hard about potential risks and spillovers before issuing their own cryptocurrency, the Bank for International Settlements (BIS) said in a report on Monday.


EU experts' fake news report draws false conclusions: consumer group

BRUSSELS (Reuters) - A consumer group on Monday said experts appointed by the European Commission to advise on tackling fake news had ignored the business model that gave the likes of Google and Facebook a motive for disseminating it.


Air Canada: System-wide outage disrupts airport, aircraft operations

MONTREAL (Reuters) - Air Canada on Monday said a system-wide computer outage is affecting the carrier’s operations, including booking, airport operations and aircraft departures.


Data breach victims can sue Yahoo in the United States: judge

(Reuters) - Yahoo has been ordered by a federal judge to face much of a lawsuit in the United States claiming that the personal information of all 3 billion users was compromised in a series of data breaches.


Apple to buy digital magazine service Texture

(Reuters) - Apple Inc will buy digital magazine service Texture, which lets users read titles for a monthly subscription fee, the iPhone maker said on Monday.


North Korean 'caution' seen in announcing stance on upcoming summits: Seoul

SEOUL (Reuters) - North Korea's silence on its upcoming summits with the United States and South Korea is probably due to caution over organizing its stance on the meetings, the South said on Monday, as China's leader urged patience.


Microsoft touts progress of chat app Teams in battle with Slack

SEATTLE (Reuters) - Microsoft Corp on Monday said 200,000 organizations are now using Teams, its year-old workplace collaboration software, up from 125,000 in September, a sign the company may be making some progress in its battle with Slack Technologies Inc.


Trading in Samsung Elec to be halted for three days before stock split - Korea Exchange

SEOUL (Reuters) - South Korea's stock exchange said on Monday that trading in Samsung Electronics Co Ltd's shares will be halted for three days before the stock is split.


Japan's Coincheck to start repaying customers Monday after digital money heist

TOKYO (Reuters) - Japanese cryptocurrency exchange Coincheck Inc, reeling from government reprimands over lax standards after $530 million dollar theft of digital money, said it would from Monday start repaying customers affected by the heist.


Artificial intelligence can make power firms more efficient: consultancy

FRANKFURT (Reuters) - Utilities can increase their efficiency by using more artificial intelligence (AI) technology, such as software to predict demand swings in the power grid or to control home appliances, consultancy Roland Berger said.


South Korea kicks off due diligence on GM's South Korean unit: KDB

SEOUL (Reuters) - South Korea held an initial meeting on Monday for its due-diligence of General Motors' local unit to decide whether to provide funds for the unit's troubled operations.


North Korea seen 'cautious' in announcing stance over upcoming summits: Seoul

SEOUL (Reuters) - North Korea's silence on its upcoming summits with the United States and South Korea is likely due to caution over organizing its stance regarding the meetings, South Korea's Ministry of Unification said on Monday.


‘Punish a Muslim Day’ Letters Rattle U.K. Communities

Counterterrorism investigators are looking into anonymous letters that said points would be awarded for acts like pulling off a woman’s scarf and bombing a mosque.


Internet tycoon challenges Deutsche Telekom to team up on German broadband

FRANKFURT (Reuters) - The billionaire founder of United Internet has urged internet providers to found a joint company to build out Germany's high-speed broadband network, challenging market leader Deutsche Telekom to back the venture.


Soccer: Rashford double gives United victory over Liverpool

MANCHESTER, England (Reuters) - Marcus Rashford struck twice as Manchester United won the 200th North West derby with a 2-1 victory over Liverpool at Old Trafford on Saturday to open up a five point gap on their third-placed rivals.


Pogba misses United's Liverpool clash

MANCHESTER, England (Reuters) - Manchester United's French midfielder Paul Pogba was ruled out of Saturday's clash with Liverpool after picking up an injury in the team's final training session.


China eyes 'black tech' to boost security as parliament meets

BEIJING (Reuters) - At a highway check point on the outskirts of Beijing, local police are this week testing out a new security tool: smart glasses that can pick up facial features and car registration plates, and match them in real-time with a database of suspects.


Panasonic considers selling security camera factory in China: Nikkei

TOKYO (Reuters) - Panasonic Corp is considering selling a Chinese plant that makes security cameras in a deal it hopes will fetch over $450 million, the Nikkei reported on Saturday.


WADA sourcing new doping control kits after Swiss firm pulls out

(Reuters) - The World Anti-Doping Agency (WADA) will seek alternative sources of sample collection kits after Swiss manufacturer Berlinger Special AG announced it was pulling out of the business.


New German minister to challenge Google and Facebook's presentation of news

BERLIN (Reuters) - Germany's incoming minister with responsibility for digital policy says she will push social media giants to make users' information feeds more diverse and timely to avoid creating "echo chambers" for the like-minded.


BRIEF-First United Q4 Loss Per Share $0.19



Uber hails loan investors directly

NEW YORK (IFR) - Uber is bringing its disruptive force to the leveraged loan market, approaching institutional investors directly on a new debt sale.

Law firm handling Stormy Daniels case for Cohen also did legal work with Trump campaign

The lawyer handling the Stormy Daniels scandal for President Donald Trump's corporate and personal representative, Michael Cohen, comes from the same small New York law firm that earned thousands of dollars from the Trump campaign at the end of last year.

Retirement Communities and Assisted Living

Retiring: 7 Ways to Judge a Retirement Community’s Financial Health

Continuing care retirement communities promise lifetime care but ask for a lot of your money up front. Here are tips for figuring out if one is financially stable.


GM confirms investment in South Korea business, flags first quarter 'cash crisis'

SEOUL (Reuters) - General Motors confirmed details of a proposed investment in its loss-making South Korean business on Friday, but said it was subject to support from Seoul and GM's Korean union.


Waymo's self-driving trucks to haul cargo for Google in Atlanta

(Reuters) - Waymo, the autonomous vehicle arm of Alphabet Inc , said on Friday it would launch a self-driving trucks pilot in Atlanta to carry cargo for Google's data centers.


‘We Should Unite’: Kenya’s Top Political Rivals Hold Surprise Meeting

After months of escalating tension following bitterly contentious elections, the president and the opposition leader promised to work together.


BRIEF-Chatham Lodging Trust Refinances Unsecured Credit Facility



BRIEF-Covance Forms Immunology & Immunotoxicology Unit Focused On Biologic Drug Development

March 9 (Reuters) - Laboratory Corporation Of America Holdings:


BRIEF-Host Hotels & Resorts Recommends Holders Of Operating Partnership Units To Reject “Mini Tender” Offer By Affiliates Of Mackenzie Capital Management



PBOC governor says Bitcoin not a legitimate method of payment

BEIJING (Reuters) - China does not recognize Bitcoin and other digital currencies as legitimate forms of payment, the central bank governor, Zhou Xiaochuan, said on Friday.


Eni backs U.S. nuclear fusion firm formed by ex-MIT researchers

MILAN (Reuters) - Italian energy company Eni will conduct research with the Massachusetts Institute of Technology (MIT) and invest in a company created by former MIT scientists to produce energy from nuclear fusion.