September 26, 2017

Western Digital to seek injunction to block Toshiba’s $18 billion chip unit sale

TOKYO (Reuters) – Western Digital Corp said on Tuesday it will seek an injunction to block the sale of Toshiba Corp’s prized semiconductor business to a […]
September 26, 2017

U.S. companies urge EU to refrain from unilateral moves on Web tax

BRUSSELS (Reuters) – The European Union’s plans to increase taxes on digital firms risks undermining the bloc’s growth and stifle global efforts to find common solutions, […]
September 26, 2017

U.S. consumer confidence falls; new home sales hit eight-month low

WASHINGTON (Reuters) – U.S consumer confidence fell in September and home sales dropped to an eight-month low in August due to the impact of Hurricanes Harvey […]
September 26, 2017

Alibaba takes control of logistics business, pledges $15 billion to expand network

HONG KONG/BEIJING (Reuters) – Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over […]
September 26, 2017

U.S. homes in on NAFTA labor, investment as top officials join talks

OTTAWA (Reuters) – Talks to modernize NAFTA kick into higher gear on Tuesday when top officials from Canada, the United States and Mexico join the negotiations […]
September 26, 2017

Nestle targets profit margin to satisfy investor hunger

LONDON/ZURICH (Reuters) – Nestle set a profit margin target for the first time on Tuesday, responding to an industry slowdown and pressure from activist investor Third […]
September 26, 2017

Tech stocks power Wall St. at open

(Reuters) – A bounce in tech stocks, led by Apple and Nvidia, lifted the three major indexes on Tuesday. Powered by WPeMatico
September 26, 2017

Commerce Secretary Ross tells China to guarantee fairness for U.S. firms

BEIJING (Reuters) – U.S. Commerce Secretary Wilbur Ross said China needed to “guarantee fair and reciprocal treatment for U.S. firms” as he tried to strike an […]
September 26, 2017

Uber to tell UK employment tribunal it operates just like rivals

LONDON (Reuters) – Uber will defend its business model at a British employment tribunal on Wednesday arguing its drivers are self-employed and work the same way […]
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