Daimler invests in smartphone-based vehicle finance app AutoGravity

FRANKFURT (Reuters) - Daimler said on Tuesday it was investing a double-digit million euro amount into AutoGravity, a smartphone-based vehicle leasing and financing app as part of a broader push by the carmaker to build a digital platform for financial services.

Murders, robberies of drivers in Brazil force Uber to rethink cash strategy

SAO PAULO (Reuters) - On a Thursday night last September, Uber driver Osvaldo Luis Modolo Filho accepted a ride request from a teenage couple on the eastern edge of Sao Paulo, to be paid in cash.

South Korea prosecution to decide on Samsung chief arrest warrant by Wednesday

SEOUL (Reuters) - South Korean special prosecutor's office said it will decide by no later than Wednesday on whether to request an arrest warrant for Samsung Group [SAGR.UL] chief Jay Y. Lee.

ZTE warns of impact of U.S. sanction settlement penalties

HONG KONG (Reuters) - Chinese telecom equipment maker ZTE Corp warned on Tuesday that penalties it expects to incur for allegedly breaking U.S. sanctions against Iran could impact its results.

Toshiba delays release of nuclear writedown, says 'not ready'

TOKYO (Reuters) - Toshiba Corp has delayed its earnings release, including details of a multi-billion charge related to cost overruns at its U.S. nuclear arm.

New witness delays trial over bitcoin exchange tied to JPMorgan hack

NEW YORK (Reuters) - The trial of two men was delayed on Monday in a case stemming from a probe into a bitcoin exchange and a data breach at JPMorgan Chase & Co after prosecutors revealed a new witness.

Toshiba to unveil nuclear writedown as it scrambles for cash

TOKYO (Reuters) - Toshiba Corp will on Tuesday uncover the scale of a multi-billion dollar writedown from cost overruns at its U.S. nuclear arm, along with its recovery plans as the Japanese industrial conglomerate scrambles for cash.

Exclusive: Wal-Mart to tear down walls between store, online buying operations - sources

CHICAGO (Reuters) - Wal-Mart Stores Inc for the first time will combine its own buying for products sold at its stores with purchases it makes for its website, sources said, a significant move to stamp out duplicate efforts as it consolidates buying operations to better fight Amazon.com Inc.

Daimler to focus Smart brand on electric cars in U.S., Canada: report

FRANKFURT (Reuters) - Daimler will stop selling cars under the Smart brand with combustion engines to focus on electric cars, Frankfurter Allgemeine Zeitung reported, citing a letter that Mercedes-Benz USA sent to dealerships.

Apple closes at record high for first time since 2015

SAN FRANCISCO (Reuters) - Shares of Apple rose to a record high close on Monday, buoyed by Wall Street's expectations that the release of a 10th-anniversary iPhone and pent-up customer demand will shore up lackluster sales.

Verizon's move to unlimited data ups ante in wireless war

NEW YORK (Reuters) - Verizon Communications Inc's announcement that it will once again offer an unlimited pricing plan marks a shift in its thinking as a price war among the four biggest U.S wireless carriers accelerates.

Toshiba to issue business risk warning on Tuesday: Nikkei

(Reuters) - Toshiba Corp will issue on Tuesday its first-ever warning that it may not be able to continue as a going concern, following massive nuclear-related losses, the Nikkei reported.

GM, Toyota says U.S. rules limiting self-driving cars need to be eased

WASHINGTON (Reuters) - General Motors Co and Toyota Motor Corp officials will tell a U.S. House panel on Tuesday that automakers need changes to automotive safety rules to allow the deployment of self-driving cars on American roads.

Uber rival Grab to buy Indonesian online payment startup for over $100 million: source

JAKARTA (Reuters) - Grab is likely to announce a deal to buy Indonesian online payment startup Kudo for over $100 million, a source close to the matter said, in a move that will help the Southeast Asian ride-hailing firm roll out its services to more customers.

Drivers' strike paralyses Uber, Ola services in Indian capital

NEW DELHI (Reuters) - A strike in the Indian capital by thousands of Uber [UBER.UL] and Ola drivers demanding better pay has paralyzed the ride-hailing services that have grabbed business from traditional taxi and rickshaw operators with their cheaper fares.

Media talk on Infosys' corporate governance issues "distracting": CEO Sikka

MUMBAI (Reuters) - Infosys Ltd's Chief Executive Vishal Sikka said talk in media on corporate governance issues at the software services firm was "distracting" and that he had good relations with the firm's founders, including N.R. Narayana Murthy.

Samsung chief appears for second round of questions in graft probe

SEOUL (Reuters) - Samsung Group [SAGR.UL] leader Jay Y. Lee appeared at the South Korean special prosecutor's office on Monday for questioning as part of a wider investigation into an influence-peddling scandal that could topple President Park Geun-hye.

Verizon reintroduces unlimited data plan as competition rises

NEW YORK (Reuters) - Verizon Communications Inc will introduce an unlimited data plan on Monday, its first in more than five years, in its latest effort to lure customers as competition rises between network carriers.

Toshiba prepares to unveil nuclear hole, other perils threaten

The logo of Toshiba Corp is seen behind trees at its headquarters in Tokyo, Japan October 1, 2015. REUTERS/Toru Hanai

Australian banks narrow focus of Apple Pay collective bargaining request

An Apple iPhone 6 with Apple Pay is shown in this photo illustration in Encinitas, California, U.S. June 3, 2015. REUTERS/Mike Blake/File Photo