Asian shares stumble as trade war fears roil global markets
SYDNEY (Reuters) – Fears of a full-blown trade war between the United States and China battered Asian shares again on Monday, keeping the safe haven yen near a 16-month peak as investors fretted over the fate of global growth.
Toshiba says regulatory approval pending but aims for chip sale soon
TOKYO (Reuters) – Japan’s Toshiba Corp said on Monday it had yet to receive clearance from all regulators for the sale of its prized $18 billion memory-chip business by its self-imposed end-March deadline, but added it aimed to sell it as early as pos…
Boeing completes Dreamliner family with first 787-10 delivery
NORTH CHARLESTON S.C. (Reuters) – Boeing Co delivered its first 787-10 Dreamliner to Singapore Airlines on Sunday, rounding out a family of lightweight jets on which the U.S. planemaker is betting its future.
Mexico’s Chedraui buys Fiesta Mart to grow U.S. Latino sales
MEXICO CITY (Reuters) – Mexican grocer Chedraui, a powerhouse in the fast-growing Latino market in the United States, said on Sunday it had bought smaller U.S. grocery store chain Fiesta Marts for an undisclosed amount.
EU antitrust chief keeps open threat to break up Google: report
(Reuters) – The European Union holds “grave suspicions” about the dominance of internet giant Google and has not ruled out breaking it up, according to a warning by the EU’s antitrust chief, Britain’s Telegraph reported on Sunday.
Time Warner looks appealing as antitrust trial underway: Barron’s
(Reuters) – Shares of Time Warner Inc look appealing based on their underlying value and on the strong chance that AT&T Inc will win approval for its $85 billion acquisition of the company, according to the March 26 edition of Barron’s.
Facebook: call, text history logging requires users’ permission
(Reuters) – Facebook Inc, responding to reports in some technology industry media that it has been logging users’ call and text history without their permission, said in a statement on Sunday that the function “has always been opt-in only.”
Uber to sell Southeast Asia business to rival Grab: sources
SINGAPORE (Reuters) – Ride-hailing firm Uber Technologies Inc [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, sources with knowledge of the matter said on Sunday, in what would be the U.S. company’s second retre…
Booming online luxury goods sales convert watchmakers to the web
BASEL, Switzerland (Reuters) – A boom in online luxury goods sales is finally convincing high-end watchmakers, long skeptical that customers would pay thousands to buy intricate timepieces on the web, to step up their investments in e-commerce.
Mexico’s Chedraui reaches deal to buy Fiesta Mart stores in Texas
MEXICO CITY (Reuters) – Mexican retailer Grupo Comercial Chedraui has reached a deal with ACON Investments to acquire Texas-based grocery store chain Fiesta Mart, the company said in a statement on Sunday.
