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Does Google harm local search rivals? EU antitrust regulators ask

November 30, 2018 by  
Filed under News

EU antitrust regulators have asked Google’s rivals if the internet search giant unfairly demotes local search competitors, according to a questionnaire seen by Reuters, a move which could lead to a fourth case against the Alphabet unit.


Source: Reuters Business News

Police search offices of Deutsche Bank board members

November 30, 2018 by  
Filed under News

Police have searched the offices of all the members of Deutsche Bank’s board as part of an investigation into money laundering allegations linked to the Panama Papers, a source told Reuters on Friday.


Source: Reuters Business News

Wall Street cautious ahead of crucial Trump-Xi trade meeting

November 30, 2018 by  
Filed under News

U.S. stocks seesawed between slight gains and losses on Friday, as investors kept away from making big bets ahead of a trade meeting between the United States and China that could decide the course of a bitter trade dispute between the two economies.


Source: Reuters Business News

GM CEO to meet with U.S. lawmakers over job cuts

November 30, 2018 by  
Filed under News

General Motors Co Chief Executive Mary Barra plans to visit Capitol Hill next week to discuss the company’s plans to halt production at five plants in North America next year and cut up to 15,000 jobs, two congressional aides said on Friday.


Source: Reuters Business News

U.S., Canada, Mexico sign trade deal, Trump shrugs off Congress hurdle

November 30, 2018 by  
Filed under News

The United States, Canada and Mexico signed a North American trade pact on Friday, and President Donald Trump brushed aside difficulties he may have in getting the deal through U.S. Congress, where opposition Democrats will control one of its two chambers.


Source: Reuters Business News

Twitter tumbles on fear of conservative backlash

November 29, 2018 by  
Filed under News

Shares of Twitter Inc tumbled 6 percent on Thursday after reports that Fox News had not tweeted for three weeks sparked fears of a backlash by conservatives protesting a perceived liberal bias by the company.


Source: Reuters Business News

Exclusive: Burger chain Jack in the Box explores sale – sources

November 29, 2018 by  
Filed under News

Jack in the Box Inc , a U.S. hamburger restaurant chain with more than 2,000 restaurants, is exploring options that could include a sale of the company after divesting its Qdoba brand earlier this year, people familiar with the matter told Reuters on Thursday.


Source: Reuters Business News

Exclusive: Elliott steps in to boost Arconic's sale process – sources

November 29, 2018 by  
Filed under News

Elliott Management Corp, the activist hedge fund that sits on Arconic Inc’s board, is working to address potential liabilities weighing on the sale process for the U.S. aluminum products maker, according to people familiar with the matter.


Source: Reuters Business News

Wall Street dips on trade uncertainty ahead of G20 Summit

November 29, 2018 by  
Filed under News

U.S. stocks dipped in choppy trading on Thursday as uncertainty over the outcome of a high-stakes meeting between the United States and China at the upcoming G20 Summit kept investors on edge.


Source: Reuters Business News

GM President Ammann will take over Cruise self-driving car unit

November 29, 2018 by  
Filed under News

General Motors Co President Dan Ammann will take over as chief executive of the automaker’s majority-owned Cruise self-driving car subsidiary, trading in the No. 2 job at one of the world’s largest automakers for a front-row position in the race to render traditional cars obsolete.


Source: Reuters Business News

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