Embraer, Rockwell Collins to combine products for defense sales

RIO DE JANEIRO (Reuters) - U.S. aviation electronics maker Rockwell Collins Inc and Brazilian planemaker Embraer SA agreed on Tuesday to work on integrating their remote sensing, targeting and communications portfolios for joint defense sales.

Spotify and Universal Music agree multi-year license deal

(Reuters) - Music streaming service Spotify said on Tuesday it had signed a global, multi-year license agreement with Universal Music Group (UMG).

Snapdeal looking to raise $100 million from SoftBank, other investors

MUMBAI (Reuters) - Indian online retailer Snapdeal is looking to raise just over $100 million from existing shareholders including Japan's SoftBank and new investors, its chief financial officer said.

Need cash? Azimo lets recipients sort out money transfer headaches

BERLIN (Reuters) - UK-based online money transfer firm Azimo is turning the process of sending remittances on its head by allowing mobile phone and computer users to send cash to any mobile phone number via text message, leaving it up to the recipient to claim the money.

Toshiba seeks new loan, offers stake in memory chip unit as collateral: sources

TOKYO (Reuters) - Toshiba Corp on Tuesday asked creditor banks for a new loan and offered a stake in its memory chip unit that is being split off as collateral, sources with direct knowledge of the matter said.

Mercedes joins forces with Bosch to develop self-driving taxis

FRANKFURT (Reuters) - Mercedes-Benz parent Daimler and supplier Robert Bosch [ROBG.UL] are teaming up to develop self-driving cars in an alliance primarily aimed at accelerating the production of "robo-taxis".

Exclusive: French mobile maverick aims for quarter of Italian market

PARIS/LONDON/MILAN (Reuters) - French telecoms company Iliad is aiming to grab a quarter of the Italian mobile market using the same cut-throat prices and straightforward contracts that conquered France, two sources familiar with its plan told Reuters.

Trump signs repeal of U.S. broadband privacy rules

WASHINGTON (Reuters) - U.S. President Donald Trump on Monday signed a repeal of Obama-era broadband privacy rules, the White House said, a victory for internet service providers and a blow to privacy advocates.

WhatsApp mulls foray into digital payments with India launch

MUMBAI (Reuters) - Instant messaging app WhatsApp, owned by Facebook Inc, is mulling a foray into digital payment services in India, its first such offering globally, and has advertised to hire a digital transactions lead in the country.

Under pressure, India's Snapdeal woos staff with promises of profit

MUMBAI/NEW DELHI (Reuters) - Seeking to calm employees rattled by reports of a cash crunch, the founders of Indian online retailer Snapdeal have gone directly to them with a string of townhall meetings in past weeks, according to sources, promising profit and brushing off takeover talk.

Toshiba to seek loan support from creditor banks Tuesday: sources

TOKYO (Reuters) - Toshiba Corp will meet creditor banks on Tuesday to ask them to accept as collateral shares in its soon-to-be-split-off memory chip unit and other businesses and not call in their loans, sources with direct knowledge of the matter said.

FTSE Russell to announce in July decision on adding Snap shares

SAN FRANCISCO (Reuters) - Index fund provider FTSE Russell expects to announce in July whether it will include in its indexes shares of Snap Inc and other companies whose share structure denies investors voting rights.

Amazon brings its business marketplace to Britain

LONDON (Reuters) - Amazon.com Inc on Tuesday launched its business marketplace in Britain, selling products like office supplies, power tools, cleaning materials and lab equipment targeting an online sector worth $120.44 billion a year.

Waymo targets second senior executive in Uber self-driving dispute

SAN FRANCISCO (Reuters) - Alphabet's self-driving car unit Waymo initiated private legal proceedings against two former executives who launched a rival company acquired by Uber [UBER.UL], court records show, accusing them of trying to recruit Waymo employees to the new startup that aims to revolutio...

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AIG morale could spook talent, curb turnaround plan: UBS report

(Reuters) - A morale crisis at American International Group Inc could prevent the U.S. insurance company from keeping and hiring the talent it needs to propel it through its financial turnaround, UBS said in an analysis on Monday.

Record deliveries power Tesla shares to all-time high

(Reuters) - Tesla Inc's shares jumped to an all-time high on Monday as the electric car maker's record quarterly vehicle deliveries allayed some concerns over its production challenges, ahead of the hotly-awaited launch of its Model 3 sedan.

Zoox autonomous vehicle start-up hires ex-NHTSA's Rosekind

SAN FRANCISCO (Reuters) - Autonomous car start-up Zoox said on Monday that former top U.S. safety regulator Mark Rosekind was joining the Silicon Valley company as its chief safety innovation officer, underscoring the key role regulation will play in the nascent autonomous driving sector.

FCC reverses Charter Communications 'overbuild' requirement: source

WASHINGTON (Reuters) - The U.S. Federal Communications Commission has voted to reverse a requirement imposed under the Obama administration that Charter Communications Inc extend broadband service to 1 million households already served by a competitor, a source briefed on the matter said.

Inventor hopes eTrike will succeed where uncle's Sinclair failed

CHEPSTOW, WALES (Reuters) - More than 30 years after his uncle spectacularly failed to get Britain moving in battery-powered tricycles, inventor Grant Sinclair is optimistic his updated version of the C5 will be a well ridden success.

AIG taps into consumer fears with new cybersecurity product

NEW YORK(Reuters) - American International Group Inc is joining insurers offering products that offer consumers safeguards against hackers and cyber criminals who might steal personal data.

Imagination Tech shares plunge as Apple abandons British firm

LONDON (Reuters) - Apple has given Imagination Tech notice that it will stop using its graphics technology in the iPhone and other products in up to two years' time, dealing a major blow to the British company, which could lose half of its revenue.

Ride-hailing firm Grab agrees to buy Indonesian payment startup Kudo

SINGAPORE (Reuters) - Southeast Asian ride-hailing firm Grab on Monday said it has agreed to buy Indonesian online payment startup Kudo, marking the first investment under a recently announced plan to commit $700 million to its largest market.

Infosys founder Murthy criticizes COO pay hike: reports

(Reuters) - The dispute between founders and board of India's second largest software services company Infosys Ltd over governance issues spilled into the public again as founder Narayana Murthy criticized a salary hike given to Chief Operating Officer Pravin Rao.

Toshiba shares tumble after sources say third earnings postponement likely

TOKYO (Reuters) - Shares in Toshiba Corp tumbled on Monday after sources told Reuters that the troubled Japanese conglomerate would likely miss a third deadline to report its quarterly business results.

In self-driving car race, winners get all the way around track

WILLOWS, Calif. (Reuters) - Nine self-driving cars did not quite zoom around a 2-mile (3.2-km) course in Northern California over the weekend in a race involving students and entrepreneurs from startup companies where the real goal was just to make it around the track.

Tesla delivers quarterly record of 25,000 vehicles in first quarter

NEW YORK (Reuters) - Tesla Inc , the U.S. luxury electric car maker, said on Sunday first-quarter vehicle deliveries jumped 69 percent from a year ago to a quarterly record of 25,000 vehicles, bouncing back from delays in the previous quarter.

New York Post apologizes after app apparently hacked

(Reuters) - The New York Post apologized early on Sunday hours after its app was apparently hacked with what was reported to be alerts about President Donald Trump.

Youth arrested in sexual assault of Chicago teen seen on Facebook Live

The logo of Facebook is seen at the Cannes Lions Festival in Cannes, France on June 23, 2016. REUTERS/Eric Gaillard/File Photo

Snapchat adds more accessible search feature

A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange (NYSE) while waiting for Snap Inc. to post their IPO, in New York City, NY, U.S. March 2, 2017. REUTERS/Lucas Jackson

Comcast says it will not sell customer browsing histories

The NBC and Comcast logo are displayed on top of 30 Rockefeller Plaza, formerly known as the GE building, in midtown Manhattan in New York July 1, 2015. REUTERS/Brendan McDermid/File Photo