Kaspersky Lab says it will submit software for independent review
(Reuters) – Kaspersky Lab will ask independent parties to conduct security reviews of its widely used anti-virus software to help dispel allegations that the Russian government uses the products to conduct espionage, the Moscow-based company said on Mo…
Japan’s Kobe Steel considering withdrawing its full year earnings forecast: Kyodo
TOKYO (Reuters) – Kobe Steel Ltd is considering withdrawing its earnings forecast for this fiscal year as it struggles to quantify the impact of its data falsification scandal, Kyodo reported on Monday.
Victory for Abenomics lifts world stocks to new record
LONDON (Reuters) – Japanese Prime Minister Shinzo Abe’s convincing election victory lifted the Nikkei to its highest in 21 years and world stocks to an all-time high on Monday, despite an escalation of Spain’s constitutional crisis that weighed on the …
Toshiba sees annual loss of almost $1 billion after tax related to chip unit sale
TOKYO (Reuters) – Embattled Japanese conglomerate Toshiba Corp said on Monday it now expects to slide to a net loss of nearly $1 billion this business year after calculating taxes related to the sale of its prized chip unit.
Boeing, Mitsubishi Heavy in deal to cut costs of 787 wing production
(Reuters) – Boeing Co and Japan’s Mitsubishi Heavy Industries Ltd (MHI) announced they have agreed on steps to reduce the cost of producing the wings of the 787 Dreamliner.
Boeing, Mitsubishi Heavy reach deal to cut costs of 787 wing production
(Reuters) – Boeing Co and Japan’s Mitsubishi Heavy Industries Ltd (MHI) said on Monday they had agreed on steps to reduce the cost of producing the wings of the 787 Dreamliner.
Japan shares at two-decade top, yen near three-month low as Abe wins
SYDNEY (Reuters) – Japanese shares jumped on a weaker yen on Monday as an election win for Shinzo Abe’s ruling bloc gave a green light for more policy stimulus, while the euro eased as Spain’s constitutional crisis aggravated concerns about political u…
Target gears up for holidays with free shipping and gifts under $15
NEW YORK (Reuters) – Target Corp said on Monday it would start free shipping beginning in November and that most of its gift assortment had been priced at under $15, as the retailer gets ready to take on Amazon.com and Wal-Mart in the most crucial s…
Big money stays away from booming bitcoin
LONDON (Reuters) – Bitcoin is booming, digital currency hedge funds are sprouting at the rate of two a week and the value of all cryptocurrencies has surged tenfold this year to more than $170 billion.
Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss
SINGAPORE (Reuters) – Struggling commodities trader Noble Group agreed to sell its Americas-focused oil trading business to Vitol for about $580 million as part of a debt-cutting strategy, and warned of a big loss for its third quarter.
