BEIJING/SHANGHAI (Reuters) – Qualcomm’s proposed $44 billion takeover of rival NXP Semiconductors is yet to see a concrete breakthrough in China, sources said, tempering hopes a lull in trade tensions with the United States had prompted Beijing to speed up its ruling on the deal.
CHICAGO (Reuters) – Thomas DeRosa is making a $4 billion bet that he can build a national, low-cost healthcare network for America’s aging population that will succeed where so many other models have struggled. His secret: strip out the “for-profit” business model, and leverage the real estate in nursing homes for outpatient care. DeRosa’s strategy starts with buying out the property of the huge bankrupt nursing home chain HCR ManorCare, and teaming up with a non-profit hospital operator,
(Reuters) – Uber Technologies Inc [UBER.UL] said on Tuesday sexual harassment or assault victims will have the option to settle claims with the ride-hailing service without a confidentiality provision that prevents them from speaking about the incidents.
HWASEONG, South Korea (Reuters) – Samsung Electronics is in talks with several smartphone makers including China’s ZTE to supply mobile processor chips, a senior executive said, a move that will bring it in more direct competition with larger rival Qualcomm.
LONDON (Reuters) – Thomson Reuters said on Tuesday it would transfer its foreign exchange derivatives trading to Dublin from London ahead of Britain’s departure from the European Union in March 2019.
(Reuters) – Home Depot Inc’s sales at established stores missed Wall Street forecasts for the first time in seven quarters, as cooler weather in some U.S. states led to a slower-than-expected start to the spring selling season.
(Reuters) – Twenty-First Century Fox Inc Executive Chairman Rupert Murdoch is used to getting his way at the company he built into a media empire. But a challenge to a $52 billion deal he put together six months ago could test his sway with shareholders.
LONDON (Reuters) – Thomson Reuters said on Tuesday it had applied to the Irish central bank to move its foreign exchange derivative trading facility to Dublin because of Brexit.
TOKYO (Reuters) – Toshiba Corp is upbeat about the prospects of clearing China’s antimonopoly review of the $18 billion sale of its chip unit, its CEO said, dismissing reports it may pursue alternative plans if the review drags beyond the deal’s deadline.
JERUSALEM (Reuters) – Israeli Economy Minister Eli Cohen said on Tuesday he was told by U.S. chipmaker Intel Corp that the company’s board has approved a plan to expand its operations in Israel.
Palestinians observed a strike Tuesday to mourn dozens killed by Israeli troops in a mass protest on the Gaza border — the single deadliest day there since a 2014 war and part of a high-stakes campaign by Gaza’s Hamas rulers to break a decade-long border blockade. In Monday’s protest, Israeli forces killed 58 Palestinians, most by gunfire, and injured more than 2,700, Gaza health officials said. …read more […]
TOKYO (Reuters) – SoftBank Group Corp Chief Executive Masayoshi Son said on Tuesday a second Vision Fund would be set up in the near future, adding that investment for the new fund could come from investors in the first fund or from institutional investors.
LONDON (Reuters) – World stocks fell on Tuesday as investors digested soft Chinese economic data and a lack of progress in U.S.-China trade talks, while a rise in U.S. borrowing costs supported the dollar.
ISTANBUL (Reuters) – Turkey’s lira slid to a record low and bond yields briefly touched their highest in at least eight years on Tuesday, after President Tayyip Erdogan said he plans to take greater control of the economy after elections next month.
BUDAPEST (Reuters) – George Soros’ Open Society Foundations will close their office in Budapest and move to the German capital of Berlin, the organization said on Tuesday, leaving what it called an increasingly repressive political and legal environment.
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