Facebook to revise terms of service to include more privacy language
SAN FRANCISCO (Reuters) – Facebook Inc said on Wednesday it planned to revise the written policies that people agree to when they use the social network, adding language about the protection of personal data as it prepares to comply with a strict new …
VW bets on Brazil rebound with SUV, Honda remains cautious
SAO PAULO (Reuters) – Volkswagen AG plans to produce its first SUV in Brazil, it said on Wednesday, betting on a rebound in Latin America’s market despite signs of caution from rivals such as Honda Motor Co .
Dow falls 1 percent as China-U.S. trade spat intensifies
(Reuters) – The Dow Jones Industrial Average dropped just over 1 percent on Wednesday as big U.S. manufacturers and chipmakers bore the brunt of a deepening trade conflict between China and the United States.
Trump wants ‘level playing field’ on Amazon, taxes: adviser
WASHINGTON (Reuters) – U.S. President Donald Trump is not attacking the business sector with his recent critiques of Amazon.com Inc but wants the online retailer to do more when it comes to taxes, his economic adviser said on Wednesday.
Viacom preparing counterproposal to CBS offer: sources
(Reuters) – Viacom Inc is preparing a counterproposal to CBS Corp’s first share exchange offer of 0.55 CBS share for every Viacom share, which Viacom found to be inadequate, people familiar with the matter said on Wednesday.
GM to stop production of Chevrolet Sonic Subcompact car: Wall Street Journal
(Reuters) – General Motors Co will stop production of its subcompact Chevrolet Sonic by as early as this year, the Wall Street Journal reported, citing people familiar with the matter.
Hit to Boeing from Chinese tariffs depends on definitions
SINGAPORE/SHANGHAI (Reuters) – China on Wednesday announced plans to place a 25 percent tariff on certain U.S. aircraft, in a move expected to affect some older Boeing Co narrowbody models, according to documents from China’s Ministry of Commerce and …
Dow dives 2 percent as China-U.S. trade spat intensifies
(Reuters) – The Dow Jones Industrial Average sank more than 2 percent at the open on Wednesday as big U.S. manufacturers, grain merchants and chipmakers bore the brunt of a deepening trade conflict between China and the United States.
China retaliates, slaps duties on U.S. soybeans, planes; markets skid
BEIJING/WASHINGTON (Reuters) – China hit back quickly on Wednesday against U.S. plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key American imports including soybeans, planes, cars, beef and chemic…
Deutsche Bank nominates U.S. banker Thain to supervisory board
FRANKFURT (Reuters) – Former Merrill Lynch CEO John Thain is being nominated to the supervisory board of Deutsche Bank , Germany’s largest lender said on Wednesday.
