China's Leshi warns of severe cash crunch, possible loss of key unit's control

HONG KONG (Reuters) - Embattled Chinese tech firm Leshi Internet and Technology warned on Monday its cash flow was "extremely tight" and that it could lose control of a key smart TV subsidiary if its biggest shareholder did not repay money owed to it.

Uber names new UK boss as it battles to keep London licence

LONDON (Reuters) - Uber appointed a new boss for its UK business on Monday, as the taxi-hailing app fights to keep its drivers on the streets of London, its most important European market.

Facebook suspends 200 apps over data misuse investigation

(Reuters) - Facebook Inc has so far suspended around 200 apps in the first stage of its review into apps that had access to large quantities of user data, a response to a scandal around political consultancy Cambridge Analytica.

Tesla registers Shanghai electric car firm ahead of ownership rule change

SHANGHAI (Reuters) - Tesla Inc has registered a new electric car firm in Shanghai, as China prepares to scrap rules on capping foreign ownership of new-energy vehicle (NEV) ventures.

HSBC says performs first trade finance deal using single blockchain system

HONG KONG (Reuters) - HSBC Holdings Plc said on Monday it has performed the world's first trade finance transaction using a single blockchain platform, in a push to boost efficiency in the multi-trillion-dollar funding of international trade.

Zimbabwe bans banks from processing payments for cryptocurrencies

HARARE (Reuters) - Zimbabwe's central bank has stopped local banks from trading or processing payments linked to cryptocurrencies like bitcoin, its governor said on Monday, but stopped short of banning local cryptocurrency trading exchanges.

ZTE employees in China cheer Trump tweet

HONG KONG (Reuters) - Employees of ZTE Corp, the Chinese telecom equipment maker, are cheering a tweet by U.S. President Donald Trump that suggested a resolution is in sight for a devastating ban on sales to the Chinese company.

Two Singaporean online marketplace startups raise fresh funds

SINGAPORE (Reuters) - Singapore's Carousell, a classifieds marketplace, said on Monday that it raised $85 million in funds from investors including DBS Group Holdings Ltd, the city-state's biggest lender.

HSBC says performs first trade finance transaction using blockchain

HONG KONG (Reuters) - HSBC Holdings Plc said on Monday it had performed the world's first trade finance transaction using blockchain technology, a major step in boosting efficiency and reducing errors in the multi-trillion-dollar funding of international trade.

Tesla executive Schwall joins Alphabet's Waymo

(Reuters) - Alphabet Inc's self-driving unit, Waymo, said on Sunday that Matthew Schwall had joined the company from Tesla Inc where he was the electric carmaker's main technical contact with U.S. safety investigators.

Tesla executive Schwall leaves for Alphabet's Waymo: WSJ

(Reuters) - Tesla Inc's main technical contact with U.S. safety investigators, Matthew Schwall, has left the electric carmaker for Alphabet Inc's self-driving unit Waymo, the Wall Street Journal reported on Saturday, citing people familiar the decision.

In concession, Trump will help China's ZTE 'get back into business'

WASHINGTON (Reuters) - U.S. President Donald Trump said in a tweet on Sunday that he has asked the Commerce Department to help Chinese technology company ZTE Corp "get back into business, fast," a concession to Beijing ahead of high-stakes trade talks that will take place this week.

In concession, Trump says will help China's ZTE 'get back into business'

WASHINGTON (Reuters) - U.S. President Donald Trump said in a tweet on Sunday that he has asked the Commerce Department to help Chinese technology company ZTE Corp "get back into business, fast," a concession to Beijing ahead of high-stakes trade talks that will take place this week.

Trump working with President Xi to help restart China's ZTE

WASHINGTON (Reuters) - U.S. President Donald Trump said on Sunday that he and Chinese President Xi Jinping are working to give Chinese telecom company ZTE Corp "a way to get back into business, fast."

German online bank uses Bitcoins to transfer loans

BERLIN (Reuters) - German Radoslav Albrecht has founded an online bank that allows clients to transfer loans anywhere in the world using Bitcoin.

'Unauthorized transfers' siphon funds from Mexican banks: central bank

MEXICO CITY (Reuters) - An as yet unknown amount of funds were sucked out of at least five Mexican financial groups through "unauthorized transfers" in recent days, a top central bank official said on Friday, while stopping short of calling it a cyber attack.

Tesla engineering head, Doug Field, takes break from company

(Reuters) - Tesla Inc Senior Vice President of Engineering Doug Field is taking a break from work but is not leaving the company, a Tesla spokesman confirmed to Reuters.

Citibanamex reports bank transfer delays in echo of possible hack

MEXICO CITY (Reuters) - Mexican bank Citibanamex, the local unit of Citigroup Inc, said on Friday that some of its clients had experienced delays in interbank transfers, symptoms that afflicted local banks in April after a potential hack of the central bank.

VMware CFO likely to turn down Uber finance chief job: WSJ

(Reuters) - VMware Inc's Chief Financial Officer Zane Rowe has indicated he will turn down the offer to be become Uber Technologies Inc's [UBER.UL] finance chief, the Wall Street Journal reported on Friday, citing people familiar with the matter.

In an interplanetary first, NASA to fly a helicopter on Mars

WASHINGTON (Reuters) - NASA said on Friday it will send a small helicopter to Mars as part of the U.S. space agency's 2020 mission to place a next-generation rover on the Martian surface, marking the first time such an aircraft will be used on another world.

SpaceX launches new rocket primed for future crewed missions

CAPE CANAVERAL, Fla. (Reuters) - An updated version of the SpaceX Falcon 9 rocket, tailored for eventual crewed missions into orbit, made its debut launch on Friday from Florida's Cape Canaveral, carrying a communications satellite for Bangladesh.

U.S. court revives challenge to Seattle's Uber, Lyft union law

(Reuters) - A U.S. appeals court on Friday revived a leading business group's challenge to a Seattle law, the first of its kind, that would allow drivers for ride-hailing services such as Uber Technologies Inc and Lyft to unionize.

U.S. court revives challenge to Seattle's Uber, Lyft driver union law

(Reuters) - A U.S. appeals court on Friday revived a business group's challenge to a Seattle law, the first of its kind, that would allow drivers for ride-hailing services such as Uber Technologies Inc and Lyft to unionise.

Apple is almost a $1 trillion company, but watch out for Amazon

SAN FRANCISCO (Reuters) - Apple is on the verge of becoming the first $1 trillion publicly listed U.S. company, but even if it gets there, it could soon be overtaken as Amazon.com surges from behind.

Britain's HSBC joins the fintech fray with multi-account app

LONDON (Reuters) - HSBC's Connected Money app, providing a single platform for users to see their accounts with a range of providers, registered 13,000 downloads within a day of its launch, the British lender's digital banking head said on Friday.

Didi says to halt hitching business in China for a week for driver checks

BEIJING (Reuters) - China's biggest ride-sharing company, Didi Chuxing, said on Friday it would halt for a week one of its domestic services, which it calls "ride-hitching", following the death of a female passenger that sparked questions about safety.

Bank of Canada, TMX say blockchain feasible for securities settlement

TORONTO (Reuters) - Canada's central bank, Toronto Stock Exchange operator TMX Group , and non-profit organization Payments Canada said on Friday that tests had shown blockchain technology can be used for automating instantaneous securities settlements.

Xiaomi sued for alleged patent infringement ahead of blockbuster IPO

HONG KONG (Reuters) - Chinese smartphone maker Coolpad Group said its unit has sued three group firms of Xiaomi, which last week filed for a Hong Kong IPO that could be worth up to $10 billion, for patent infringement.

Didi says to halt "ride-hitching" in China for a week for driver checks

BEIJING (Reuters) - China's biggest ride-sharing company Didi Chuxing said on Friday it would halt one of its services, which it calls "ride-hitching", in China for a week following the death of a passenger that has raised questions about safety.

Didi says to halt ride-sharing in China for a week for driver checks

BEIJING (Reuters) - China's biggest ride-sharing company Didi Chuxing said on Friday it would halt its business in China for one week following the death of a passenger that has raised questions about safety.