[ad_1] SAN FRANCISCO (Reuters) – When Tesla Inc announced last month a second round of job cuts to rein in costs, one crucial department was particularly badly hit. The automaker more than halved the division
U.S.-China trade talks resume next week, focus on intellectual property
[ad_1] WASHINGTON (Reuters) – U.S. negotiators are preparing to press China next week on longstanding demands that it reform how it treats American companies’ intellectual property in order to seal a trade deal that could
S&P, Nasdaq edge higher as earnings offset trade fears
[ad_1] NEW YORK (Reuters) – The benchmark S&P 500 index and the Nasdaq edged upward to snap a two-day losing streak on Friday as positive corporate results offset lingering skepticism over the United States and
National Enquirer owner defends reporting on Amazon’s Bezos
[ad_1] NEW YORK (Reuters) – The owner of U.S. tabloid newspaper the National Enquirer pushed back on Friday against accusations of “extortion and blackmail” from Amazon.com Inc Chief Executive Jeff Bezos, saying its reporting on
Pompeo visit to focus on U.S. concerns over Huawei in central Europe
[ad_1] WASHINGTON (Reuters) – U.S. Secretary of State Mike Pompeo will voice concerns about the growing presence of China’s Huawei Technologies in central Europe when he visits Hungary, Slovakia and Poland next week, a senior
Exclusive: Brazil soy farmers say Bayer violating court ruling in patent dispute
[ad_1] SAO PAULO (Reuters) – Seeds and agrochemicals giant Bayer AG is in violation of a Brazilian court order obliging it to deposit in an escrow account all royalties paid by Mato Grosso state farmers
EU needs stronger anti-fraud curbs, lawmakers say, after Danske scandal
[ad_1] COPENHAGEN (Reuters) – The European Union needs tougher anti-fraud controls including a central body able to enforce laws against money laundering, European lawmakers said on Friday, describing financial crime as a security problem for
Banking whistleblower’s next crusade: a clean cryptocurrency
[ad_1] MADRID (Reuters) – One of banking’s most wanted whistleblowers, Frenchman Herve Falciani, has picked unlikely new weapons to fight money-laundering and fraud – cryptocurrency and the blockchain technology behind it. Former HSBC employee Herve
German banks manoeuvre in Washington to temper Russia sanction risk
[ad_1] FRANKFURT (Reuters) – German banks are seeking to blunt any fresh U.S. sanctions against Russia so they can continue existing business with Russian clients, according to an internal briefing paper prepared by a financial
To guide or not to guide? Fed ‘dots’ complicate message
[ad_1] WASHINGTON (Reuters) – U.S. central bankers say clear communication is important, with economic research showing that if the public understands what the Federal Reserve is doing, monetary policy works better and the economy does