Contrite Facebook executives seek to ward off more European rules
MUNICH (Reuters) – Facebook executives are fanning out across Europe this week to address the social media giant’s slow response to abuses on its platform, seeking to avoid further legislation along the lines of a new hate speech law in Germany it says goes too far.
Amazon’s automated grocery store of the future opens Monday
SEATTLE (Reuters) – Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, the company said, moving forward on an experiment that could dramatically alter brick-and-mortar retail.
Oil producers will cooperate beyond 2018, says Saudi Arabia
MUSCAT (Reuters) – Global oil producers are in agreement that they should continue cooperating on production after their deal on supply cuts expires at the end of this year, Saudi Arabia’s energy minister Khalid al-Falih said on Sunday.
Audi ordered to recall 127,000 vehicles over emissions: paper
FRANKFURT (Reuters) – Germany’s KBA automotive watchdog has detected illicit emission-control software in Audi’s latest Euro-6 diesel models and has ordered a recall of 127,000 vehicles, Bild am Sonntag reported.
Saudi energy minister urges oil producers to extend cooperation beyond 2018
MUSCAT (Reuters) – Saudi Arabia’s energy minister urged global oil producing nations on Sunday to extend their cooperation beyond 2018, but said this might mean a new form of deal rather than continuing the same supply cuts that have boosted prices in …
SoFi in talks with top Twitter exec about CEO position: WSJ
(Reuters) – Social Finance Inc (SoFi) is in discussions with Anthony Noto, a top Twitter Inc executive, to become the online lender’s chief executive, the Wall Street Journal reported on Saturday, citing sources.
ADM pursues big ag merger with grain trader Bunge: source
CHICAGO/CALGARY, Alberta (Reuters) – Top U.S. grain merchant Archer Daniels Midland Co has proposed a takeover of Bunge Ltd , according to a person familiar with the approach, which could set up a bidding war with Swiss-based rival Glencore Plc .
Deutsche Telekom expects steady dividend hikes: paper
FRANKFURT (Reuters) – Deutsche Telekom will keep to its promise of hiking dividends in 2018 and the years thereafter, its Chief Financial Officer Thomas Dannenfeldt told German daily Boersen-Zeitung.
China’s Dalian Wanda Group says 2017 revenue down 10.8 percent
HONG KONG (Reuters) – Chinese conglomerate Dalian Wanda Group said on Saturday its revenue dropped for a second consecutive year, by 10.8 percent in 2017, as the group sold off property assets and faced increasing scrutiny from regulators and lenders.
Twitter to notify users exposed to Russian propaganda during U.S. elections
(Reuters) – Twitter Inc , which is reviewing Russian interference during the 2016 U.S. elections, said on Friday it would notify some of its users whether they were exposed to content generated by a suspected Russian propaganda service.
