Uber’s third-quarter net loss widens to $1.46 billion: source
(Reuters) – Uber Technologies Inc’s [UBER.UL] quarterly losses widened, a source familiar with the matter told Reuters on Tuesday, as the ride-hailing company wades through legal troubles and faces regulatory scrutiny across the globe.
Bitcoin tops $10,000, taking 2017 gains to 940 percent
NEW YORK (Reuters) – Virtual currency bitcoin soared to an all-time high above $10,000 on Tuesday on major exchanges and digital currency indexes, including the widely followed Luxembourg-based trading platform BitStamp.
SoftBank says Benchmark, Menlo Ventures ready to sell some Uber stock
SAN FRANCISCO (Reuters) – A consortium led by SoftBank Group Corp on Tuesday launched its tender offer for shares of Uber Technologies Inc [UBER.UL] and the Japanese company said that some notable early Uber investors planned to sell stock.
Nestle, Cuba lay first stone for $55 million coffee and biscuit factory
HAVANA (Reuters) – Cuba and Swiss firm Nestle on Tuesday laid the first stone of a $55 million coffee and biscuits factory joint venture in the Mariel special development zone, the latest major foreign investment in the Communist-run island.
Dollar firm on tax cut progress, outshone by bitcoin
SYDNEY (Reuters) – The dollar held firm on Wednesday after Wall Street shot to record peaks amid signs of progress on U.S. tax cuts, while Bitcoin topped $10,000 on more exchanges as appetite for digital currencies showed no sign of fading.
Uber signs first Southeast Asian e-wallet deal with Vietnam’s MoMo
HANOI (Reuters) – U.S. ride-hailing company Uber Technologies Inc [UBER.UL] on Wednesday signed a strategic deal with Vietnamese financial technology firm MoMo to let passengers pay for rides using MoMo’s e-wallet, the pair said in a statement on Wedne…
Nestle, Cuba lay first stone for new $55 million factory
HAVANA (Reuters) – Cuba and Swiss firm Nestle on Tuesday laid the first stone of a $55 million coffee and biscuits factory joint venture in the Mariel special development zone, the latest major foreign investment in the Communist-run island.
Asia shares track Wall Street rise, wary on North Korea
SYDNEY (Reuters) – Asian shares rose and the dollar held firm on Wednesday after Wall Street shot to record peaks amid signs of progress on U.S. tax cuts, upbeat economic data and bank-friendly comments from the would-be head of the Federal Reserve.
SWIFT warns banks on cyber heists as hack sophistication grows
(Reuters) – SWIFT, the global messaging system used to move trillions of dollars each day, warned banks on Wednesday that the threat of digital heists is on the rise as hackers use increasingly sophisticated tools and techniques to launch new attacks.
Facebook reports progress in removing extremist content
BRUSSELS (Reuters) – Facebook said on Wednesday that it was removing 99 percent of content related to militant groups Islamic State and al Qaeda before being told of it, as it prepared for a meeting with European authorities on tackling extremist cont…
