HONG KONG (Reuters) - China aims to get its home-grown, overseas-listed companies to float on the domestic exchanges through the depositary receipts route, people with knowledge of the matter said, in a plan that would pit Shanghai and Shenzhen against Hong Kong in the battle to host China’s t...
SEOUL (Reuters) - Kakao Corp, South Korea’s largest messaging app operator, said on Monday it is planning to establish a unit focusing on blockchain technology. Plans for the unit, set to be established this month, include a potential so-called reverse initial coin offering where an establishe...
PARIS (Reuters) - U.S. e-commerce giant Amazon (AMZN.O) aims to launch its grocery delivery service in France as part of global ambitions to expand in food retail, though the move is not imminent, its general manager for France said in a newspaper interview. The Amazon logo is seen at the Young Entr...
PARIS (Reuters) - The European Union this month will unveil plans to tax large global tech companies’ revenue at a rate in the 2-to-6-percent range, though more likely closer to 2 than to 6 percent, French Finance Minister Bruno Le Maire said in a newspaper interview. FILE PHOTO: The Amazon lo...
FRANKFURT (Reuters) - Volkswagen’s (VOWG_p.DE) sports car maker Porsche could develop a flying passenger vehicle to compete with rivals in a possible market for urban air taxis and ride-sharing services, Porsche sales chief Detlev von Platen told a German magazine. An employee of German car ma...
FRANKFURT (Reuters) - Dialog Semiconductor (DLGS.DE) expects Apple (AAPL.O), its top customer, to use its chips for a significant proportion of its devices in 2019 and 2020, Chief Executive Jalal Bagherli told a German newspaper. FILE PHOTO: Dialog semiconductor logo is pictured at a company buildin...
Attackers have seized on a relatively new method for executing distributed denial-of-service (DDoS) attacks of unprecedented disruptive power, using it to launch record-breaking DDoS assaults over the past week. Now evidence suggests this novel attack method is fueling digital shakedowns in which vi...
Attackers have seized on a relatively new method for executing distributed denial-of-service (DDoS) attacks of unprecedented disruptive power, using it to launch record-breaking DDoS assaults over the past week. Now evidence suggests this novel attack method is fueling digital shakedowns in which vi...
WASHINGTON (Reuters) - Singapore-based chipmaker Broadcom Ltd, which is seeking to buy rival Qualcomm Inc, plans to complete its move back to the United States by mid-May, according to sources familiar with the matter. FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Ra...
NEW YORK/TORONTO (Reuters) - Equifax Inc (EFX.N) said it expects costs related to its massive 2017 data breach to surge by $275 million this year, suggesting the incident at the credit reporting bureau could turn out to be the most costly hack in corporate history. FILE PHOTO: Credit reporting compa...
BRUSSELS (Reuters) - EU countries and lawmakers have struck a deal to free up radio frequencies for next-generation 5G services that will be valid for 20 years, as the bloc tries to catch up with the United States and China in rolling out internet-connected products. Telecoms lobbying group ETNO, wh...
WASHINGTON (Reuters) - Republican and Democratic lawmakers have reached agreement to allow for the sale of spectrum to speed up the introduction of next-generation 5G wireless networks, congressional leaders said on Friday. FILE PHOTO: Chairman Ajit Pai speaks ahead of the vote on the repeal of so c...
NEW YORK (Reuters) - Equifax Inc (EFX.N) said on Friday it expects $275 million in costs in 2018 related to the credit reporting company’s massive data breach last year, offset by $75 million in insurance proceeds. FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are picture...
(Reuters) - Hedge fund manager Darwin Deason filed a new lawsuit against Xerox Corp (XRX.N) on Friday after it refused to allow him to make nominations to its board after a deadline, the latest blows in a row over its proposed merger with Fujifilm Holdings Corp (4901.T). FILE PHOTO: The logo of Xero...
NEW YORK (Reuters) - Equifax Inc (EFX.N) said on Friday it expects $275 million in costs in 2018 related to the credit reporting company’s massive data breach last year, offset by $75 million in insurance proceeds. FILE PHOTO: Credit reporting company Equifax Inc. corporate offices are picture...
FRANKFURT (Reuters) - Ride-hailing firm Uber [UBER.UL] said it has withdrawn an appeal lodged with Germany’s high court to have its UberPOP service reinstated as part of a broader strategy shift to work with drivers licensed to carry paying passengers. The Uber logo is seen on a screen in Sing...
(Reuters) - JD.com Inc, China’s second largest e-commerce firm, saw its stock plunge in pre-market trade on Friday as quarterly profit was hit by competitive pressure and heavy investments during its top earnings season. FILE PHOTO: A logo of JD.com is seen on a helmet of a delivery man in Bei...
(Reuters) - Xerox Corp (XRX.N) said activist investor Darwin Deason does not have any right to nominate directors to the company’s board outside of the nomination window, following his attempt to nominate a full slate of directors. FILE PHOTO: The logo of Xerox company is seen on a building in...
HELSINKI (Reuters) -“Angry birds” maker Rovio (ROVIO.HE) said on Friday its head of games was leaving, a week after the Finnish company issued a profit warning that sent its shares plunging 50 percent. FILE PHOTO: Angry Birds toys are displayed during a news conference in Hong Kong July ...
(Reuters) - JD.com Inc, China’s second largest e-commerce firm, saw its stock drop on lower-than-expected quarterly profits on Friday, as the company’s margins were squeezed by competition during its top earnings season. FILE PHOTO: A logo of JD.com is seen on a helmet of a delivery man ...
