Powell likely next Fed chief, though Yellen best suited: economists
LONDON (Reuters) – Jerome Powell likely will be the next Federal Reserve chairman, according to a slim majority of economists in a Reuters poll – but most of them said current Fed Chair Janet Yellen would be the best option.
Patently tough: Long road ahead for Qualcomm in China case against Apple
SHANGHAI/BEIJING (Reuters) – Qualcomm Inc wants to hit Apple Inc where it hurts most: iPhone sales in China – one of its biggest global markets where most of its flagship smartphones are made.
Malaysia CEO to return to Ryanair to help fix pilot problems
DUBLIN (Reuters) – Malaysia Airlines’ chief executive Peter Bellew is to leave after just over a year in charge and rejoin former employer Ryanair as chief operations officer, the Irish airline said in a statement.
U.S. exchanges set for highest number of Asian IPOs since 2010
HONG KONG (Reuters) – U.S. exchanges are set to record their busiest year for IPOs from Asian firms since 2010 and may sustain the pace in 2018, as startups from Taiwan, Singapore, Indonesia and Vietnam join a flurry of Chinese firms that have already …
China factories grapple with soaring prices as pollution crackdown bites
GUANGZHOU, China (Reuters) – Chinese exporters at the country’s biggest trade fair are more optimistic about global demand now than six months ago but Beijing’s crackdown on pollution is ramping up costs and product prices, hurting smaller factories an…
Global stocks stay buoyant as dollar, bond yields rise
LONDON (Reuters) – World equity markets held close to all-time highs on Tuesday, as investors latched on to rising bets on higher borrowing costs in the U.S. and Britain.
Midnight in Toulouse: How CSeries deal shook status quo
TOULOUSE, France (Reuters) – Two years ago, Airbus Chief Executive Tom Enders halted negotiations to buy Canada’s CSeries program at midnight after the talks with Bombardier leaked to Reuters. On Tuesday, he performed a U-turn by backing a similar deal…
Microsoft responded quietly after detecting secret database hack in 2013
(Reuters) – Microsoft Corp’s secret internal database for tracking bugs in its own software was broken into by a highly sophisticated hacking group more than four years ago, according to five former employees, in only the second known breach of such a …
NAFTA trade ministers to square off over hard-line U.S. demands
WASHINGTON (Reuters) – Trade ministers from the United States, Canada and Mexico wrap up a contentious round of NAFTA trade talks on Tuesday marked by aggressive U.S. demands that have left the future of the 23-year-old free trade pact in doubt.
Habitual cheat: Kobe Steel faked product data for more than 10 years – source
TOKYO (Reuters) – When cheating becomes habitual, the consequences could be costly.
