Business & Finance News
TOKYO (Reuters) – Japan’s Sharp Corp said it will acquire Toshiba Corp’s personal computer business for $36 million, highlighting its recovery under the control of Foxconn and marking a return to a business it quit eight years ago.
TOKYO (Reuters) – Asian stocks pulled back on Tuesday as investors paused for breath after the previous day’s rally, although tech-inspired Wall Street gains supported broader sentiment as focus shifted to bullish economic fundamentals, away from trade concerns.
MEXICO CITY (Reuters) – Mexico will impose a 20 percent tariff on U.S. pork imports, two industry officials with direct knowledge of the plan told Reuters on Monday, for the first time providing details of the country’s retaliatory measures to U.S. President Donald Trump’s tariffs on steel and aluminum.
MEXICO CITY (Reuters) – Mexican firms will need to cut deals with suppliers and consider buying goods elsewhere once a conflict over U.S. steel and aluminum import tariffs starts to bite, even as consumers are seen ultimately picking up the tab from any higher prices.
TOKYO (Reuters) – Asian stocks dipped on Tuesday as the markets took a breather after the previous day’s rally, although tech-inspired Wall Street gains helped limit the losses, with investor focus moving away from trade concerns and back to benign economic fundamentals.
SEOUL (Reuters) – Oil prices edged higher on Tuesday after falling nearly 2 percent in the previous session, but growing U.S. production and expectations of higher OPEC supplies continue to weigh on sentiment.
(Reuters) – Apple Inc on Monday issued new review guidelines for its lucrative App Store platform, after it moved to block plans by Steam, the biggest distributor of PC-based video games, to extend its reach into iPhones and iPads.
(Reuters) – Starbucks Corp Executive Chairman Howard Schultz is stepping away from hands-on management at the global coffee chain, effective June 26, fuelling speculation that the outspoken, liberal-leaning executive will make a U.S. presidential bid.
NEW YORK (Reuters) – Former Goldman Sachs Group Inc programer Sergey Aleynikov on Monday filed a new challenge to his criminal conviction of stealing computer code from the investment bank when he left for another job.
NEW YORK (Reuters) – Virtual currency sales ballooned to $9.1 billion so far this year, exceeding the $6.6 billion total for all of 2017, a financial technology data provider reported on Monday, but it said the monthly trend actually showed a slowdown if the two biggest offerings are excluded.
OTTAWA (Reuters) – The International Monetary Fund (IMF) said on Monday that while Canada’s economy has performed well, it faces significant risks including trade tensions and a potential hit to competitiveness from lower U.S. corporate taxes.
SAN JOSE (Reuters) – Apple Inc on Monday unveiled software upgrades that would let older iPhones run faster, help parents limit their children’s screen time and make its Siri voice assistant work more like a rival feature from Amazon.com .
NEW YORK (Reuters) – Wall Street’s three major indexes rose on Monday, led by a rally in tech stocks, pushing the Nasdaq to a record closing high as investors bet on a continuation of strong economic growth, while falling oil prices weighed on the energy sector.
(Reuters) – Starbucks Corp said on Monday Executive Chairman Howard Schultz is stepping down, effective June 26.
NEW YORK (Reuters) – Wall Street’s three major indexes rose on Monday, with technology and consumer stocks providing the strongest boost as investors bet on a continuation of strong economic growth while falling oil prices weighed on the energy sector.
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