Kobe Steel plant under inspection: transport minister
TOKYO (Reuters) – One of the Kobe Steel Ltd plants at the heart of a product data cheating scandal is under inspection, Japan’s transport minister said on Tuesday.
Cisco buys BroadSoft for $1.71 billion in software push
(Reuters) – Cisco Systems Inc will buy software company BroadSoft Inc for $1.71 billion, it said on Monday, in a deal that boosts Cisco’s collaboration tools and helps the company diversify its offerings away from switching and routing.
Exclusive: Hedge fund Baupost snaps up claims against Toshiba – sources
(Reuters) – Hedge fund The Baupost Group LLC has acquired the biggest chunk of a $2.2 billion claim that two South Carolina utilities had against Toshiba Corp following the bankruptcy of its nuclear power subsidiary, people familiar with the matter sa…
Kobe Steel plant is under inspection by Japan ministry: Kyodo
TOKYO (Reuters) – One of the Kobe Steel Ltd plants at the heart of a product data cheating scandal is being inspected by Japan’s transport ministry, Kyodo News reported on Tuesday.
Asian shares hover near recent highs; China Congress eyed
SYDNEY (Reuters) – Asian shares held within striking distance of recent decade highs on Tuesday even as Wall Street fell from record levels, while currencies kept to narrow ranges ahead of key economic events.
U.S. companies act on climate despite Trump: survey
OSLO (Reuters) – U.S. companies are still among the most ambitious in setting targets to combat global warming despite President Donald Trump’s plans to quit the 195-nation Paris climate agreement, a 2017 survey showed on Tuesday.
U.S. SEC to require greater transparency around company audits
WASHINGTON (Reuters) – The Securities and Exchange Commission will now require companies participating in audits to disclose remarks and inquiries made by independent auditors, the main U.S. financial regulator said on Monday.
Boeing signs $13.8 billion deal with Singapore Airlines
WASHINGTON (Reuters) – Boeing Co on Monday signed a previously announced deal with Singapore Airlines Ltd to sell it 39 aircraft worth $13.8 billion at list prices during a White House event with Singapore’s prime minister.
Google’s latest iPhone rival off to a rocky start
SAN FRANCISCO (Reuters) – The launch of Alphabet Inc’s second-generation Google Pixel smartphones has been hampered by display screen problems and pricing and shipping issues, prompting the company to open an investigation and issue multiple apologies…
Wall St. retreats from record as industrials, tech lag
NEW YORK (Reuters) – U.S. stocks declined on Monday as each of the major Wall Street indexes retreated from a record, weighed down by a drop in technology and industrial shares.
