[ad_1] SAN FRANCISCO (Reuters) – Cisco Systems (CSCO.O) Inc has agreed to settle a whistleblower’s claim that it improperly sold video surveillance software with known vulnerabilities to U.S. federal and state governments, marking the first
Qualcomm’s outlook weighed down by Huawei’s smartphone gains in China
[ad_1] (Reuters) – Qualcomm Inc’s (QCOM.O) quarterly revenue and profit forecast fell short of Wall Street targets, driven by Huawei Technologies Co Ltd’s [HWT.UL] strong gains in the Chinese smartphone market, the U.S. company said,
U.S., China to keep talking on trade, progress elusive in Shanghai meeting
[ad_1] SHANGHAI/WASHINGTON (Reuters) – U.S. and Chinese negotiators wrapped up a round of trade talks on Wednesday without visible signs of progress and put off their next meeting until September, extending an uneasy truce between
Fed cuts rates, signals it may not need to do more
[ad_1] WASHINGTON (Reuters) – The Federal Reserve cut interest rates on Wednesday to shore up the economy against risks including global weakness, but the head of the U.S. central bank said he did not view
Mexico to adjust tax framework to realities of digital economy
[ad_1] MEXICO CITY (Reuters) – Mexico’s government will propose adjusting the tax system to address the “realities” of the digital economy and e-commerce when the 2020 budget is presented in September, Finance Ministry official Francisco
Fed rate cuts could help cheap U.S. small-cap stocks gain favor
[ad_1] NEW YORK (Reuters) – Shares of smaller U.S. companies have gotten cheap over the past year, significantly lagging their large-cap counterparts, and could be poised for a turnaround following a highly anticipated interest-rate cut
U.S. wage inflation moderate; Midwest manufacturing slumps
[ad_1] WASHINGTON (Reuters) – U.S. labor costs rose at their slowest pace in 1-1/2 years in the second quarter, the latest indication of benign inflation that could allow the Federal Reserve to cut interest rates
Latest U.S.-China trade talks called ‘constructive’ by both sides
[ad_1] SHANGHAI (Reuters) – U.S. and Chinese negotiators wrapped up a brief round of trade talks on Wednesday that both sides described as “constructive,” including discussions over further Chinese purchases of American farm goods and
Oppenheimer boosts stake in Zee Entertainment
[ad_1] MUMBAI/BENGALURU (Reuters) – India’s Essel Group on Wednesday said it will sell part of its stake in its ZEE Entertainment Enterprises Ltd for 42.24 billion rupees ($614.19 million) to Invesco Oppenheimer Developing Markets Fund.
Exclusive: India’s monsoon rains to make up early shortfall – weather chief
[ad_1] NEW DELHI (Reuters) – Monsoon rains in the coming weeks are likely to make up for a shortfall in the first two months of the season that began in June, the head of India’s