Powell’s Fed to show policy caution, shun political friction
WASHINGTON (Reuters) – Jerome Powell heads for his first interest rate increase as Federal Reserve Chairman this week with an unanswered question looming above others: could his optimism about the U.S. economy lead to more hikes than markets have prep…
Cracking the co-working code in commercial real estate
NEW YORK (Reuters) – Real estate brokers scoff that just a fraction of U.S. office space is occupied by co-working and other flexible workspace options, yet data shows over one-quarter of new leases signed in the past two years came from this burgeonin…
Exclusive: ‘Where can I buy?’ – Google makes push to turn product searches into cash
NEW YORK (Reuters) – Alphabet Inc’s Google routinely fields product queries from millions of shoppers. Now it wants to take a cut of their purchases, too.
Apple is developing own MicroLED screens: Bloomberg
(Reuters) – Apple Inc is developing its own MicroLED device displays and has made small numbers of the screens for testing, Bloomberg reported on Sunday.
Amazon tracks repeat shoppers for line-free Seattle store – and there are many
LAS VEGAS (Reuters) – Amazon.com Inc is tracking how regularly customers shop at its store without checkout lines in Seattle – and so far, the verdict is they keep coming back.
Alibaba to invest extra $2 billion in Lazada in aggressive Southeast Asian expansion
BEIJING (Reuters) – Alibaba Group Holding Ltd said it will invest an extra $2 billion in Southeast Asian e-commerce firm Lazada Group and tapped a top executive to run the business, as it takes on rivals such as tech titan Amazon in an aggressive expa…
Hyundai Motor shares slide following U.S. probe of air bag failures
SEOUL (Reuters) – Shares in Hyundai Motor tumbled on Monday on a U.S. probe into why air bags failed to deploy in some of its Sonata sedans, with investors fretting about potential recall costs for the once popular cars.
Alibaba to invest additional $2 billion in Lazada, replaces CEO
BEIJING (Reuters) – Alibaba Group Holding Ltd said it will invest an additional $2 billion in Southeast Asian e-commerce firm Lazada Group as part of the Chinese firm’s push into new markets.
Shares in the red as nervous markets await Fed
SYDNEY (Reuters) – Asian share markets slipped into the red on Monday as caution gripped investors in a week in which the Federal Reserve is likely to hike U.S. interest rates and perhaps signal that as many as three more lie in store for the rest of t…
Asia gets the jitters as Fed meeting looms
SYDNEY (Reuters) – Asian share markets got off to a hesitant start on Monday for a week in which the Federal Reserve is likely to deliver a hike in U.S. interest rates and perhaps signal that as many as three more lie in store for the rest of the year….
