Zuckerberg plans to integrate WhatsApp, Instagram and Facebook Messenger: NYT
Facebook Inc Chief Executive Officer Mark Zuckerberg is planning to unify the underlying messaging infrastructure of its WhatsApp, Instagram and Facebook Messenger services and incorporate end-to-end encryption to these apps, the New York Times reporte…
Vodafone holds off deploying Huawei in core network due to security row
Vodafone, the world’s second largest mobile operator, said it was “pausing” the deployment of Huawei equipment in its core networks until Western governments give the Chinese firm full security clearance.
Exclusive: Naspers nears full control of Russian classified platform Avito – sources
South African media and e-commerce group Naspers is nearing a deal to take full control of Russia’s largest classified advertising platform Avito by buying the remaining 32 percent it does not already own, two sources told Reuters.
Factbox: China rolls out fiscal, monetary stimulus to spur economy
China’s economy grew at the weakest pace in nearly three decades last year amid weakening domestic demand and U.S. trade tariffs, prompting Beijing to announce a series of growth-boosting measures to avert the risk of a sharper slowdown.
China to step up economic stimulus in slowdown fight
China will take steps to spur growth amid a trade war with the United States, but there is limited room for aggressive stimulus in an economy already laden with massive debts and a property market prone to credit-driven spikes, policy insiders said.
Toyota Motor aims to boost sales in China by 8 percent this year
Toyota Motor Corp aims to raise vehicle sales in China by 8 percent to 1.6 million this year, the Japanese automaker said on Friday.
L’Oreal hoards cosmetics in Britain as Brexit looms
France’s L’Oreal, whose beauty brands range from Lancome creams to Maybelline make-up, is stocking up cosmetics in Britain as part its preparations for Britain leaving the European Union, its chief executive said.
D.R. Horton says high house prices weighing on demand
U.S. homebuilder D.R. Horton Inc missed analysts’ estimates for first-quarter profit on Friday, as higher house prices and mortgage rates priced some buyers out of the market, squeezing sales of more expensive homes.
Exclusive: Kazakhstan urgently looking for bank to take over Tsesnabank – sources
The Kazakh authorities are urgently looking for a bank to take over no. 2 lender Tsesnabank as they believe it needs new financing to prevent a collapse, three sources familiar with the discussions told Reuters.
Global stocks gain on earnings, euro rebounds after dovish ECB
Global stocks rose on Friday, as strong earnings helped to underpin investor sentiment in the face of growing signs that the global economy is slowing and a still unresolved trade dispute between the United States and China.
