SAN FRANCISCO (Reuters) - When Apple Inc unveils new iPhones on Tuesday at its Apple Park “spaceship” campus, there may be important clues for the watchers of seven semiconductor stocks. Apple exerts a sun-like gravitational pull on the global electronics supply chain, affecting the pric...
WASHINGTON (Reuters) - Two key U.S. senators on Monday asked Equifax Inc (EFX.N) to answer detailed questions on the breach of information about up to 143 million Americans’ personal information, including whether U.S. government agency records were compromised in the hack. Senator Orrin Hatch...
SAN FRANCISCO (Reuters) - An Israeli start-up believes it can solve some of the tricky problems faced by self-driving cars by employing thermal cameras to detect heat from pedestrians, animals and objects, the latest technology being tested in the fast-growing industry. Start-up AdaSky announced on ...
(Reuters) - More than two dozen lawsuits have been filed in the United States against Equifax Inc (EFX.N) after the credit reporting company said thieves may have stolen personal information for 143 million Americans in one of the largest hackings ever. At least 24 federal lawsuits had been filed by...
FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) is stepping up its shift to electric cars and plans to invest more than 20 billion euros ($24 billion) in zero-emission vehicles by 2030 to challenge pioneer Tesla (TSLA.O) in creating a mass market. The world’s largest automaker by sales said on Mo...
BRUSSELS (Reuters) - European Union finance ministers will discuss this week a plan to attract more financial-technology companies, in a bid to bridge the gap with global competitors and offset the loss of Europe’s main fintech market after Britain leaves the bloc. The EU fintech market is dwa...
BRUSSELS (Reuters) - Alphabet unit Google appealed against a record 2.4-billion-euro ($2.9 billion) EU antitrust fine on Monday, its chances of success boosted by Intel’s partial victory last week against an EU sanction. The move by the world’s most popular Internet search engine came tw...
MADRID (Reuters) - Facebook has been fined 1.2 million euros ($1.4 million) for allegedly collecting personal information from users in Spain that could then be used for advertising, the national data protection watchdog said on Monday. The fine stemmed from an investigation into the social net...
BRUSSELS (Reuters) - Google said on Monday it had launched an appeal against the European Commission’s decision to fine it a record 2.4 billion euro ($2.9 billion) for favoring its shopping service in internet searches. The Commission said on June 27 that Google had abused its dominance in Eur...
LONDON (Reuters) - From Brazilian gospel to Puerto Rican reggaeton and Dutch hip-hop, music streaming company Deezer is scouring the globe for gaps in the market where it can survive and thrive against Spotify and Apple. The French firm has little hope of success going toe-to-toe with its far bigger...
SHANGHAI/BEIJING (Reuters) - China’s largest bitcoin exchanges are awaiting clarification from the government following more media reports that Beijing is planning to ban trading of virtual currencies on domestic exchanges, but markets were largely subdued on Monday. Spokeswomen for the OkCoin...
JERUSALEM (Reuters) - Israel and China have signed a $300 million trade agreement meant to boost the export of Israeli environmental-friendly energy and agricultural technologies to China, Israel’s Finance Ministry said on Monday. Foreign Minister Moshe Kahlon was in Beijing to sign the &ldquo...
TOKYO/HONG KONG (Reuters) - U.S. hedge fund Elliott Management Corp said on Monday it has a stake of just over 5 percent in Hitachi Kokusai Electric (6756.T), further complicating a stalled bid by U.S. buyout firm KKR & Co LP (KKR.N) to acquire the company. KKR agreed in April to buy the chip ma...
BEIJING (Reuters) - Apple Inc (AAPL.O) will launch an expected “iPhone 8” on Tuesday, hoping the number’s auspicious connotations in China will help turn around fortunes in the world’s biggest smartphone market after six quarters of falling sales. Chinese shoppers, however, a...
LONDON (Reuters) - Vodafone said it would spend about 2 billion euros ($2.4 billion) to provide around 13.7 million new ultrafast broadband connections to homes and businesses by the end of 2021 in Germany, its biggest European market. The British company said on Monday the additional spending on it...
SHANGHAI (Reuters) - China’s new-energy auto firms saw shares surge in Monday morning trade, extending recent strong gains, after a government official said over the weekend that China had begun looking at a ban on traditional petrol-engine cars. Chinese electric-car maker BYD Co Ltd, backed b...
NEW DELHI (Reuters) - India’s aggressive push to electrify all new vehicles by 2030 is compelling auto part manufacturers and carmakers to draw up early plans for electrification, company executives said. A new auto policy is in the works and will include a roadmap for electric vehicles, a gov...
FRANKFURT (Reuters) - PSA Group will support newly acquired Opel introducing electric cars but the switch must be profitable for it to be successful, PSA Chief Executive Carlos Tavares told German paper Bild am Sonntag. Politicians and regulators across the globe are promoting electric cars after Vo...
PARIS (Reuters) - France, Germany, Italy and Spain want digital multinationals like Amazon and Google to be taxed in Europe based on their revenues, rather than only profits as now, their finance ministers said in a joint letter. France is leading a push to clamp down on the taxation of such compani...
TOKYO (Reuters) - A group including Bain Capital and South Korea’s SK Hynix (000660.KS) has raised its offer for Toshiba Corp’s (6502.T) chip business to 2.4 trillion yen ($22.3 billion) including a 200 billion yen investment in infrastructure, sources familiar with the matter said. The ...
