Tariff fight roils Argentina’s shale patch as Macri opens trade
BUENOS AIRES (Reuters) – Argentina needs oil rigs to develop its vast shale oil and gas resources. The United States has plenty of idle equipment laying around after its own unconventional drilling boom cooled.
Apple sets up China data center to meet new cyber-security rules
BEIJING (Reuters) – Apple Inc on Wednesday said it is setting up its first data center in China, in partnership with a local internet services company, to comply with tougher cyber-security laws introduced last month.
China releases first Crown Resorts staff jailed for gambling crimes
SHANGHAI (Reuters) – China released 10 employees of Australian casino operator Crown Resorts Ltd on Wednesday, the first of 16 who were detained in October and sentenced in June for gambling crimes.
Yellen to speak: stocks up, dollar sluggish
LONDON (Reuters) – The dollar was stuck near its lowest in more than a year against the euro on Wednesday while stocks edged higher in light trading ahead of Janet Yellen’s testimony to Congress.
Exclusive: Ant Financial refiles for U.S. approval of MoneyGram deal – sources
(Reuters) – Ant Financial, the affiliate of China’s Alibaba Group Holding Ltd that agreed to buy money transfer company MoneyGram International Inc for $1.2 billion, has resubmitted the deal for U.S. review, people familiar with the matter said.
Microsoft vows to bring broadband to millions of rural Americans
WASHINGTON (Reuters) – Microsoft Corp on Tuesday announced an initiative to bring high-speed internet to millions of rural Americans through unused television airwaves in a long-term bet for user growth.
Trump seen replacing Yellen at Fed with NEC’s Cohn: Politico
WASHINGTON (Reuters) – President Donald Trump is increasingly unlikely to nominate Federal Reserve Chair Janet Yellen next year for a second term, and National Economic Council Director Gary Cohn is the leading candidate to succeed her, Politico report…
Kushners seek new plan for flagship NY office after failed Qatar deal
NEW YORK (Reuters) – Kushner Cos, the realty company once headed by President Donald Trump’s son-in-law, said on Tuesday it is reassessing how to finance the redevelopment of its flagship New York City property after failed talks with a former Qatari p…
Western Digital gets U.S. court order to access Toshiba databases, chip samples
(Reuters) – Western Digital Corp won a temporary U.S. court order on Tuesday saying that Toshiba Corp must allow Western Digital’s employees to access databases and chip samples as part of a joint venture with Toshiba around flash memory chip plants …
Brazil clears Petrobras, advisors of wrongdoing in 2010 share offer
RIO DE JANEIRO (Reuters) – Brazil’s securities industry watchdog on Tuesday cleared Petroleo Brasileiro SA , former management and financial advisors of wrongdoing over alleged irregularities relating to the state-controlled oil company’s $70 billion s…
