SEOUL (Reuters) - Jay Y. Lee, de facto head of South Korea's sprawling Samsung Group, accelerated taking a board seat at flagship unit Samsung Electronics partly because of investor pressure to improve governance, two people familiar with the matter said.
(Reuters) - Microblogging platform Twitter Inc said on Wednesday Chief Operating Officer Adam Bain would leave the company to explore other opportunities.
SAO PAULO (Reuters) - The board of Brazilian wireless phone carrier Oi SA has elected a new financial advisor for debt restructuring talks with bondholders and bank creditors, Chief Executive Officer Marco Schroeder said in an interview Wednesday.
(Reuters) - General Motors Co plans to lay off 2,000 employees at two U.S. auto plants in early 2017, the automaker said on Wednesday.
(Reuters) - The election of Donald Trump as U.S. president puts new pressure on automakers and other manufacturers that have become dependent on open trade with Mexico, and raises the risk they will face higher costs.
The new BMW i8 plug-in hybrid sports car is parked before the official delivery to the first customer in Munich June 5, 2014. REUTERS/Michaela Rehle
Thorsten Dirks speaks during the welcome night at the world's biggest computer and software fair CeBit in Hanover, Germany, March 14, 2016. REUTERS/Nigel Treblin
(Reuters) - Wearable camera maker GoPro Inc said on Tuesday it would recall about 2,500 of its recently introduced Karma drones because they lost power during use.
SAN FRANCISCO (Reuters) - A U.S. judge on Tuesday rejected Airbnb's request to block a San Francisco law that forbids the home-rental company from taking bookings from hosts who have not registered their home with the city.
(Reuters) - TripAdvisor Inc reported a 25.7 percent drop in quarterly profit as the travel review website operator earned less from referrals to third-party websites.
LISBON (Thomson Reuters Foundation) - As a British supermodel and actress, Lily Cole has lived a life of glamor, but it is her new role as a social entrepreneur using technology to do good that she hopes will inspire women.
NEW YORK (Reuters LPC) - Six banks will be providing a $6.5 billion financing backing chipmaker Broadcom's acquisition of Brocade, a maker of networking switches, software and storage products, two sources familiar with the financing said.
DUBLIN (Reuters) - Ireland's government will this week formally submit its appeal against the European Commission's multi-billion-euro demand for back taxes from Apple, Finance Minister Michael Noonan said on Tuesday.
FRANKFURT (Reuters) - Private equity fund Warburg Pincus agreed to buy a third of United Internet's webhosting business 1&1 Internet in a deal valuing the business at 2.55 billion euros ($2.82 billion), the German internet provider said on Tuesday.
LONDON (Reuters) - Britain's National Crime Agency (NCA) is leading a criminal inquiry into the theft of money from thousands of Tesco Bank accounts that the UK financial watchdog said was unprecedented.
TOKYO (Reuters) - Japanese conglomerate Toshiba Corp raised its annual operating profit forecast by 50 percent on Tuesday, saying it expects demand for its NAND flash memory chips to remain strong for the rest of the business year.
(Reuters) - Electric carmaker Tesla Motors Inc said on Tuesday it would buy German firm Grohmann Engineering to improve its automated manufacturing systems.
LISBON (Reuters) - The European Union launched a venture capital fund of 400 million euros ($442 million) on Tuesday aimed at helping regional startups grow and address a capital shortage in Europe for such firms compared with the United States.
SINGAPORE/TAIPEI (Reuters) - Recent cyber attacks harnessing everyday devices such as cameras, video recorders, printers, routers and speakers are a wake-up call to the hidden dangers of the Internet of Things.
LONDON (Reuters) - A trade union is seeking recognition from British food delivery firm Deliveroo to allow it to negotiate a collective pay deal for its drivers, in the latest push for greater employment rights that could hit the flourishing 'gig economy'.
