David v Goliath: Deezer seeks musical edge on Spotify
LONDON (Reuters) – From Brazilian gospel to Puerto Rican reggaeton and Dutch hip-hop, music streaming company Deezer is scouring the globe for gaps in the market where it can survive and thrive against Spotify and Apple.
Global shares return to record high as Irma loses strength
LONDON (Reuters) – World shares returned to a record high on Monday, on relief that hurricane Irma looked to be losing strength in the United States and that North Korea’s anniversary celebrations at the weekend passed without any new missile test.
Oil weakens on fears Irma could dent U.S. demand
LONDON (Reuters) – Oil prices dropped on Monday on concerns that Hurricane Irma’s pounding of heavily populated areas of Florida could dent oil demand in the world’s top oil-consuming nation.
Mercedes-Benz to offer electric option for every car by 2022
FRANKFURT (Reuters) – Daimler’s Chief Executive Dieter Zetsche on Monday said Mercedes-Benz will offer electric versions of all its models by 2022, converting its Smart city car brand to become fully electric.
Dollar up on weaker Irma as shares climb towards highs
LONDON (Reuters) – The dollar rose on Monday and world shares climbed back towards record highs, on relief that North Korea did not conduct a further missile test at the weekend when it celebrated its founding anniversary.
ExxonMobil slashes LNG price to India in bad omen for producers
MELBOURNE/NEW DELHI (Reuters) – India has won a price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp in a rare contract renegotiation, a bad sign for producers in a heavily oversupplied global market.
Lucky 8? $1,000 price tag dampens iPhone enthusiasm in China
BEIJING (Reuters) – Apple Inc will launch an expected “iPhone 8” on Tuesday, hoping the number’s auspicious connotations in China will help turn around fortunes in the world’s biggest smartphone market.
Insurers ache for qualified inspectors after U.S. hurricanes
(Reuters) – Insurers are scrambling to find inspectors in Texas and Florida after fierce hurricanes battered the states one after the other, causing tens of billions of dollars’ worth of property damage in less than two weeks.
Chinese EV shares surge as government mulls petrol car ban
SHANGHAI (Reuters) – China’s new-energy auto firms saw shares surge in Monday morning trade, extending recent strong gains, after a government official said over the weekend that China had begun looking at a ban on traditional petrol-engine cars.
CBS paying at least $162 million cash for Australia’s Ten Network
SYDNEY (Reuters) – CBS Corp will pay at least A$201.1 million ($162 million) in cash to buy Australian broadcaster Ten Network Holdings , according to documents released on Monday by Ten’s administrator.
