Articles by Reuters

Apple to pull some iPhones in Germany as Qualcomm extends global wins

Shares of Apple were down 2.3 percent at $157.12 in late trading, weighing on the broader market.

Dec 21, 2018

Mitsubishi shares plunge 16% as mileage cheating scandal escalates

Mitsubishi seeks dismissal of Bombardier trade secrets case

Dronen said Bombardier's lawsuit is intended to disrupt development of the Mitsubishi Regional Jet and inhibit the introduction of new competition into the regional aircraft market.

Dec 21, 2018

China hacked HPE, IBM and then attacked clients - sources

Both IBM and HPE declined to comment on the specific claims made by the sources.

Dec 21, 2018

Saudi 'comfortable' with oil prices, still seeks 2023 balanced budget - finance minister

Mohammed al-Jadaan said cash settlements from an anti-corruption campaign, which generated 50 billion Saudi riyals in 2018, would net "not significantly less" in 2019.

Dec 20, 2018

Drinking red wine can lower the short-term effects of cigarette smoking

Heard on the grapevine: How Pacific trade pact primes New Zealand wine for Japan buzz

At Sileni, which says it's among the top 10 New Zealand producers by volume, Avery is convinced of the potential to boost sales.

Dec 20, 2018

Noble Group completes $3.5 billion restructuring to emerge as smaller, unlisted firm

To bolster itself, Noble sold billions of dollars of assets, took hefty writedowns and cut hundreds of jobs, while defending its accounting.

Dec 20, 2018

SoftBank Corp suffers rare Japan debut drop after record IPO

SoftBank Corp shares were most heavily traded on the Tokyo Stock Exchange's first section, accounting for about a third of the total turnover volume.

Dec 19, 2018

Huawei

Asian business confidence wallows near three-year low on trade worries

The latest result still marks one of the lowest readings since a rout in Chinese stocks in mid-2015 rattled world markets.

Dec 19, 2018

Saudi 2019 budget boosts spending in bid to spur sluggish economy

Spending is projected to rise to an all-time high of 1.106 trillion riyals ($295 billion), from an actual 1.030 trillion riyals this year.

Dec 19, 2018

justin-trudeau-slams-trump-tariffs-on-steel-and-aluminum-as-totally-unacceptable

Canada is looking for a way out of big Saudi arms deal, says PM

Last month, Trudeau said Canada could freeze the relevant export permits if it concluded the weapons had been misused.

Dec 17, 2018

South Korea cuts GDP outlook, keeps policy of seeking equitable growth

This year's growth would be the slowest pace since 2.3 percent posted in 2012.

Dec 17, 2018

Hitachi to announce purchase of ABB's power grid business Monday: Nikkei

A Hitachi spokesman declined to confirm the report, saying it was not something it announced.

Dec 17, 2018

China's outcast steel machines find unwelcome home in Southeast Asia

The two Southeast Asian nations - big steel importers with fast-growing economies - are ideal markets for these induction furnaces, or IFs, that produce cheaper steel.

Dec 17, 2018

Qatar Petroleum to invest $20 billion in U.S. in major expansion

QP could carry out the project alone, with no international oil company at its side, if no good offers were made.

Dec 16, 2018

Noble says to push forward with restructuring after Bermuda court order

The company anticipated the restructuring effective date will occur on December 19.

Dec 16, 2018

President Trump signs executive order to rollback Obamacare

Trump hails judge's ruling against Obamacare as 'great'

O'Connor's decision was issued the day before the end of a 45-day sign-up period for 2019 health coverage under the law.

Dec 16, 2018

Nations agree global climate pact rules, but seen as weak

For many low-lying states and islands at risk from rising sea levels, this is not strong enough but had to be accepted grudgingly in exchange for other trade-offs.

Dec 16, 2018

Chinese smartphone vendors begins losing buyers

T-Mobile, Sprint see Huawei shun clinching U.S. deal

The ban, which became a source of friction in Sino-U.S. trade talks, was lifted in July after ZTE paid $1.4 billion in penalties, allowing the firm to resume business.

Dec 16, 2018

Huawei

Theresa May urges tech firms to stop spread of extremism online

"Who are you calling 'nebulous'?" May presses testy EU for Brexit help

But EU leaders showed no sign of budging, saying it is up to May to sort out her problem getting a deal through parliament in the new year, or face the consequences of failure.

Dec 15, 2018

J&J shares nosedive on report it knew of asbestos in Baby Powder

The decline in shares erased about $40 billion from the company's market capitalization, with investors worrying about the impact of the report as it faces thousands of talc-related lawsuits.

Dec 15, 2018

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