Business

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Apple's losing a smartphone turf war in China

Domestic brands in China are wooing consumers with top-notch hardware and innovative features as they move upmarket in the $500-$800 price range. The result:...
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UK lawmakers seize Brexit control for a day

British lawmakers voted to take control of the parliamentary agenda for a day, in a highly unusual bid to find a way through the...
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Economic worries weigh on Wall Street

The S&P 500 dipped Monday after a choppy session. As Fred Katayama reports, Apple shares fell, and worries about a global economic slowdown lingered. Peoples...
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Avenatti arrested on fraud, extortion charges

Attorney Michael Avenatti was arrested Monday and is facing federal charges in New York and LA of bank fraud, misappropriating client funds, and trying...
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AT&T, Viacom avert blackout

Viacom renewed its carraige contract with AT&T. As Fred Katayama reports, AT&T's DirecTV subscribers were able to avoid a blackout of Viacom programming...
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Autonomy founder Lynch set for $5 bln Hewlett-Packard court showdown

HP is suing Autonomy founder Lynch, once hailed as Britain’s answer to Bill Gates, along with his former finance chief Sushovan Hussain for $5...
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Ethiopian Airlines backs Boeing despite disaster

Boeing will brief more than 200 global airline pilots, technical experts and regulators this week on software and training updates for its 737 MAX...
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Stocks sink on 'amber warning' for growth

Global equities sank Monday after what some analysts called an 'amber warning' for growth. Julian Satterthwaite reports. Peoples are using these keywords: Long term debt,...
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Surprise rise in German business morale dispels recession fears

German business morale improved unexpectedly in March after six consecutive drops, a survey showed on Monday, suggesting that Europe's largest economy is likely to...
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Uber set to announce $3 bln deal with Careem?

Uber is set to offer over $3 billion to buy Dubai-based rival Careem Networks FZ, two sources familiar with the deal have told Reuters....
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Nervous week ahead for UK; U.S. China trade talks resume

Britain readies for another 'meaningful' Brexit vote, Apple gets TV-ready, and hopes rise for China and the US to make peace in their trade...
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U.S. airlines reviewing Boeing 737 MAX upgrade

Teams from the three U.S. airlines that own 737 MAX jets were heading to the Boeing factory in Renton, Washington, to review a software...
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Wall Street tumbles, yields fuel economic fears

all Street stocks sold off sharply on Friday, with the benchmark S&P 500 index falling nearly 2 percent as weak factory data from the...
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Take some profit, get defensive, says Ed Confrancesco

An indicator of a recession popped up Friday for the first time in 12 years. International Assets Advisory CEO Ed Cofrancesco tells Reuters' Fred...
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Doctolib 'unicorn' bets on video doctors

Following its latest fundraising round, Franco-German Doctolib is officially a 'unicorn' - a startup valued at over $1bln. It's betting video consultations for doctors...
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Tiffany loses some holiday sparkle

Tiffany's quarterly sales fell, disappointing Wall Street. As Fred Katayama reports, the luxury retailer had warned that low spending by Chinese tourists and weakness...
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Euro zone business growth worse than expected in March, Japan output...

Businesses across the euro zone performed much worse than expected in March as factory activity contracted at the fastest pace in nearly six years,...
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Jaguar Land Rover wins case against Jiangling Motors in China

Luxury carmaker Jaguar Land Rover said it has won a case in China against local rival Jiangling Motors for making cars that copy features...

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