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Singapore charges 3 more suspects in Shell refinery oil heist
SINGAPORE (Reuters) - A Singapore court on Saturday charged three men suspected of involvement in large-scale oil theft at Shell's biggest refinery, days after bringing charges against 11 under an extensive probe by authorities in the city state.
Posted on : 2018-01-13 09:16:14
Exclusive: Current and former Uber security staffers cast doubt on spying claims
SAN FRANCISCO (Reuters) - The former security chief of Uber Technologies Inc. swore in a closed legal proceeding that he knew of no attempts to steal trade secrets from anyone, including Alphabet Inc's self-driving unit Waymo, and would be "shocked" if that had occurred.
Posted on : 2018-01-13 08:49:34
Current and former Uber security staffers cast doubt on spying claims
SAN FRANCISCO (Reuters) - The former security chief of Uber Technologies Inc. swore in a closed legal proceeding that he knew of no attempts to steal trade secrets from anyone, including Alphabet Inc's self-driving unit Waymo, and would be "shocked" if that had occurred.
Posted on : 2018-01-13 08:32:25
Facebook's Sandberg, Twitter's Dorsey to leave Disney board
LOS ANGELES (Reuters) - Facebook Inc Chief Operating Officer Sheryl Sandberg and Twitter Inc Chief Executive Jack Dorsey will not seek re-election to Walt Disney Co's board because of growing conflicts of interest between the media giant and the technology companies, Disney said on Friday.
Posted on : 2018-01-13 08:31:28
Fed's Rosengren faults inflation target, warns of harm
(Reuters) - The recent drop in U.S. unemployment could spark a surge in inflation that, given the Federal Reserve's current policy framework, could trigger interest-rate hikes that bring on a recession, Boston Federal Reserve President Eric Rosengren warned on Friday.
Posted on : 2018-01-13 04:56:27
Ford to offer auto emergency braking on half its U.S. models in 2019
DETROIT (Reuters) - Ford Motor Co said on Friday it will offer automatic emergency braking on more than half its U.S. models in 2019, and that it is on track to equip all U.S. models with the device by 2022.
Posted on : 2018-01-13 04:51:41
Viacom, CBS not in active merger discussions -sources
(Reuters) - Viacom Inc and CBS Corp are not in active merger discussions, although controlling shareholder Shari Redstone has had exploratory conversations with CBS directors about recombining the companies, two sources familiar with the situation told Reuters on Friday.
Posted on : 2018-01-13 03:52:11
Viacom, CBS not in active discussions - sources
(Reuters) - Viacom Inc and CBS Corp are not in active merger discussions, although controlling shareholder Shari Redstone has had exploratory conversations with CBS directors about recombining the companies, two sources familiar with the situation told Reuters on Friday.
Posted on : 2018-01-13 03:13:22
Fiat Chrysler recalls 162,000 minivans over glitch that may cause stall
WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV said on Friday it was recalling more than 162,000 2017 Chrysler Pacifica minivans because a software glitch may cause the vehicles to stall.
Posted on : 2018-01-13 01:53:58
Fed's Kashkari tweets scepticism on inflation after data
SAN FRANCISCO (Reuters) - A sharp rise in underlying inflation last month was not enough to convince at least one Federal Reserve policymaker that further interest rate hikes will soon be needed to keep a lid on rising prices.
Posted on : 2018-01-13 01:40:19
Facebook changes News Feed; investors click on 'sad'
(Reuters) - Shares of Facebook Inc fell more than 4 percent on Friday and were on track for their worst session in more than three months after Chief Executive Mark Zuckerberg announced changes that he said would hit user engagement in the near term.
Posted on : 2018-01-13 01:24:25
CVS plans to keep Aetna's headquarters in Connecticut
NEW YORK (Reuters) - CVS Health Inc said on Friday that it plans to keep Aetna Inc's headquarters in Connecticut after it completes its $69 billion acquisition of the U.S. health insurer.
Posted on : 2018-01-13 01:22:51
China's imports from North Korea plummet in December, lowest for four years
BEIJING (Reuters) - China's imports from North Korea plunged in December to their lowest level in dollar terms since at least the start of 2014, with trade curbed by U.N. sanctions aimed at persuading Pyongyang to abandon its ballistic missile and nuclear weapons programs.
Posted on : 2018-01-13 00:34:18
France's Lactalis forced into new recall in baby milk scare
PARIS (Reuters) - French dairy group Lactalis is widening a product recall to cover all baby milk manufactured by a factory at the centre of a salmonella contamination, Finance minister Bruno Le Maire said on Friday.
Posted on : 2018-01-12 23:21:05
Rising rents, healthcare costs boost underlying U.S. inflation
WASHINGTON (Reuters) - Underlying U.S. consumer prices recorded their largest increase in 11 months in December on strong gains in the cost of rental accommodation and healthcare, bolstering expectations that inflation will accelerate this year.
Posted on : 2018-01-12 23:12:28
Federal Reserve fines five banks to wrap up mortgage servicing charges
WASHINGTON (Reuters) - The Federal Reserve fined five large U.S. banks a combined $35.1 million to settle cases of mortgage servicing flaws dating back to 2011.
Posted on : 2018-01-12 23:00:04
China's imports from N.Korea plummet in December, lowest for 4 years
BEIJING (Reuters) - China's imports from North Korea plunged in December to their lowest level in dollar terms since at least the start of 2014, with trade curbed by U.N. sanctions aimed at persuading Pyongyang to abandon its ballistic missile and nuclear weapons programs.
Posted on : 2018-01-12 22:58:46
BlackRock hits record $6 trillion assets, helped by Trump tax law
NEW YORK (Reuters) - BlackRock Inc charged past a record $6 trillion in assets, its profit beating Wall Street forecasts, as investors flooded into the relatively low-cost funds of the world's largest asset manager.
Posted on : 2018-01-12 22:57:38
Wall Street surges as consumer and bank stocks gain
(Reuters) - Wall Street's main indexes surged on Friday as strong results for JPMorgan lifted financial stocks and robust retail sales data drove gains in consumer stocks.
Posted on : 2018-01-12 22:21:39
Global Economy: Year of policy tightening set for early Canadian test
DUBLIN (Reuters) - The Bank of Canada will get the first crack in the coming week at demonstrating whether, as many expect, monetary policy among the world's major economies is set to tighten more in 2018 than in any year since the crisis.
Posted on : 2018-01-12 20:58:39
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