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Kaspersky CEO says he would leave if Russia asked him to spy

November 28, 2017 by  
Filed under News

LONDON (Reuters) – Moscow-based Kaspersky Lab has never been asked by Russian intelligence services to spy on targets in the West and the company’s founder and the chief executive said he would move his company out of the country if he ever faced such a demand.


Source: Reuters Business News

Former Tesco UK finance director did not coerce staff his lawyer says

November 28, 2017 by  
Filed under News

LONDON (Reuters) – Tesco’s former UK finance director Carl Rogberg did not coerce and bully employees to manipulate profit figures in 2014, his lawyer told a London court on Tuesday.


Source: Reuters Business News

U.S. boom in RV shipments keeps rolling

November 28, 2017 by  
Filed under News

(Reuters) – The boom in U.S. recreational vehicle sales keeps on rolling, thanks to a strong economy and a wave of retiring Baby Boomers and others filled with wanderlust.


Source: Reuters Business News

U.S. judge says Uber withheld evidence, gives Waymo time to investigate

November 28, 2017 by  
Filed under News

SAN FRANCISCO (Reuters) – Uber Technologies Inc withheld evidence in a high-profile lawsuit filed by Alphabet Inc’s Waymo, a U.S. judge said on Tuesday, dealing a new blow to the most valuable U.S. private company as it tries to complete a multibillion-dollar stock sale.


Source: Reuters Business News

Wall Street at records as financials rally on Powell comments

November 28, 2017 by  
Filed under News

(Reuters) – Wall Street indexes edged higher to records on Tuesday after Federal Reserve chair nominee Jerome Powell’s comments on interest rate hikes and deregulation fired up financial stocks.


Source: Reuters Business News

TransCanada excavates damaged part of leaked pipeline: South Dakota official

November 27, 2017 by  
Filed under News

CALGARY, Alberta (Reuters) – TransCanada Corp is making progress on cleaning up a 5,000-barrel oil spill from its Keystone pipeline in South Dakota, where a state official said on Monday the company has excavated the damaged section of pipeline.


Source: Reuters Business News

UBS exits recruiting pact, following Morgan Stanley

November 27, 2017 by  
Filed under News

NEW YORK (Reuters) – UBS Group AG’s Wealth Management Americas said on Monday it was quitting a 13-year-old recruiting agreement that ended the practice of suing brokers who quit for jobs at competing firms, following a similar move by rival Morgan Stanley last month.


Source: Reuters Business News

Wall Street off record levels as energy, chip stocks drag

November 27, 2017 by  
Filed under News

(Reuters) – Wall Street’s major indexes came off session highs in afternoon trading on Monday as a more than $1 slide in U.S. crude prices buffeted energy shares and semiconductor makers declined on concerns the memory chip “super cycle” would soon fade.


Source: Reuters Business News

Meredith to buy U.S. publisher Time in Koch-backed deal

November 27, 2017 by  
Filed under News

(Reuters) – U.S. media company Meredith Corp said on Sunday it will buy Time Inc, the publisher of People, Sports Illustrated and Fortune magazines, in a $1.84 billion all-cash deal backed by conservative billionaire brothers Charles and David Koch.


Source: Reuters Business News

U.S. new home sales scale 10-year high; supply still tight

November 27, 2017 by  
Filed under News

WASHINGTON (Reuters) – Sales of new U.S. single-family homes unexpectedly rose in October to hit a 10-year high amid robust demand across the country, offering a boost to the housing market.


Source: Reuters Business News

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