SEOUL (Reuters) - South Korea’s trade ministry said on Tuesday that a committee had approved LG Display Co Ltd’s plan to build a new organic light-emitting diode (OLED) panel production facility in China. The approval comes five months after LG Display announced it would invest in large-...
SHANGHAI (Reuters) - China’s securities regulator has formally ordered the founder of indebted tech conglomerate LeEco to return to China and sort out a mounting debt pile linked to his firms, ramping up pressure on the head of the embattled entertainment-to-autos group. The Beijing branch of ...
TOKYO (Reuters) - Japanese auto parts maker Denso Corp is considering a 50 billion yen ($440 million) investment in organic light-emitting diode (OLED) panel maker JOLED, Kyodo news reported, citing sources close to the matter. JOLED, a Japan Display affiliate, sold its inaugural batch of OLED scree...
MOSCOW (Reuters) - President Vladimir Putin said on Monday the Russian authorities should monitor the activity of “some companies” on social media during next year’s presidential election and assess the extent of their involvement in domestic politics. He did not name the companies...
JERUSALEM (Reuters) - Israel’s markets regulator said on Monday he will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange (TASE). Shmuel Hauser, the chairman of the Israel Securities Authority (ISA), told the Calcalist...
JERUSALEM (Reuters) - The Bank of Israel is examining issuing digital currency as a means of creating a faster payments system as well as reducing the amount of cash in the economy, a central bank source said on Sunday, though he stressed no decision had yet been made. The source, who spoke on condi...
BEIJING (Reuters) - China has closed more than 13,000 websites since the beginning of 2015 for breaking the law or other rules and the vast majority of people support government efforts to clean up cyberspace, state news agency Xinhua said on Sunday. The government has stepped up already tight contr...
NEW YORK (Reuters) - Stocks that surged in recent weeks because of the cryptocurrency mania have managed to hold onto most of their gains despite the recent retreat in the price of bitcoin and scepticism from market participants. A Reuters analysis of 17 stocks of companies that have made blockchain...
(Reuters) - Time Warner Inc’s CNN will stop producing its daily show on Snap Inc’s Snapchat app, called the “The Update”, from 2018, the two companies said on Friday. CNN began streaming the daily show on Snapchat in August, featuring at least five news stories in each episod...
(Reuters) - Qualcomm Inc said on Friday its board unanimously determined not to nominate any of the 11 candidates picked by Broadcom Ltd and Silver Lake Partners to replace the chipmaker’s current directors. Earlier this month, Broadcom made its first formal move toward a hostile bid to take o...
(Reuters) - Two consulting firms hired to help the United States police ZTE Corp’s compliance with trade sanctions have resigned, according to four people familiar with the matter. China’s second-largest telecommunications company agreed earlier this year to pay a nearly $900 million pen...
MINSK (Reuters) - Belarus has legalized transactions in crypto-currencies, part of a drive to foster private sector growth and attract foreign investment by liberalizing parts of its Soviet-style economy. President Alexander Lukashenko signed a decree on the move on Thursday, his press service said....
NAGOYA, Japan (Reuters) - Facing the eventual demise of gasoline engines, the world’s biggest maker of spark plugs is turning its focus to a component it believes will be just as vital in the coming era of electric vehicles - next-generation all solid state batteries. Japan’s NGK Spark P...
COLUMBUS, Ind. (Reuters) - When Sandy Vierling took a job at a new robot-packed factory her company built just a few miles from an older plant where she made automotive exhaust systems, she crossed into the future of manufacturing in the United States. She didn’t like it at all. Auto supplier ...
SAN FRANCISCO (Reuters) - The U.S. tax overhaul is a boon to Silicon Valley technology companies like Apple Inc (AAPL.O) and Alphabet Inc (GOOGL.O), which will enjoy big tax cuts and the chance to bring back billions of dollars from overseas at a reduced rate. And contrary to the dire warnings of Ca...
(Reuters) - Two consulting firms hired to help the United States police ZTE Corp’s (000063.SZ) (0763.HK) compliance with trade sanctions have resigned, according to four people familiar with the matter. China’s second-largest telecommunications company agreed earlier this year to pay a n...
SYDNEY (Reuters) - Gooda Creek Farm, located just outside Australia’s capital city of Canberra, exemplifies the country’s agricultural ambitions - a boutique producer that sells more than 2,000 kilograms a week of highly sought shiitake mushrooms to domestic and Asian consumers. But when...
(Reuters) - Alphabet Inc (GOOGL.O) said on Thursday its Executive Chairman Eric Schmidt will step down from his position to become a technical adviser as of its next regular board meeting in January. He will continue to serve on the Alphabet's board of directors, the company said. (bit.ly/2BXJzz6) &...
HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Inc has told bankers it would top its annual revenue target by as much as 18 percent, sources with knowledge of the matter said, marking a comeback from a sales slump in recent years that triggered a business overhaul. Xiaomi, which has been hear...
GENEVA (Reuters) - You’re on the web, you’re in the cloud. But don’t neglect good old-fashioned paper. That’s the advice from internet pioneer Vint Cerf, who is afraid that all our digital memories could be lost as technology moves on. “People say: ‘What should I ...
