Oil rises as Trump decides on climate pact, yuan surges
LONDON (Reuters) – Oil prices rose on Thursday, lifting energy company shares, on expectations the United States will withdraw from a global pact to fight climate change, while China’s yuan shrugged off weak factory data to hit a seven-month high again…
SoftBank invests in industrial software firm OSIsoft
SAN FRANCISCO (Reuters) – SoftBank Group Corp said on Wednesday it was taking a significant minority stake in OSIsoft LLC, a privately held maker of industrial software used to manage plants and factories.
Oil futures climb 1 percent after U.S. stockpile draw
TOKYO (Reuters) – Oil futures rose on Thursday after slumping to a three-week low in the previous session, buoyed by a report from an industry body that showed U.S. crude stockpiles had fallen more than expected.
Social media companies step up removals of online hate speech: EU
(Reuters) – Social media companies like Facebook, Twitter and Google’s YouTube have stepped up both the speed and number of removals of hate speech on their platforms in response to EU pressure to do more to tackle the issue, results of an EU evaluation seen by Reuters.
Uber’s finance head leaves; company’s quarterly loss narrows
(Reuters) – Uber Technologies Inc [UBER.UL] said its head of finance is leaving, and the privately held ride-hailing company also said that its first-quarter loss narrowed substantially from the prior quarter, putting it on a path toward profitability….
Exxon vote shows Wall Street diverging from Trump on climate change
BOSTON (Reuters) – Major investors put U.S. industry on notice on Wednesday that climate change matters, even as reports emerged that President Donald Trump plans to withdraw the United States from an international pact to fight global warming.
CBS move to own shows like ‘MacGyver’ pays off in overseas sales
NEW YORK (Reuters) – Just over a decade ago, CBS Corp accelerated its push to own more of the shows it broadcasts, rather than licensing them from studios.
Trump hails deals worth ‘billions’ with Vietnam
WASHINGTON (Reuters) – U.S. President Donald Trump talked trade with Vietnamese Prime Minister Nguyen Xuan Phuc during a White House visit on Wednesday and welcomed the signing of business deals worth billions of dollars and the jobs they would create….
Volkswagen woos BMW, Mercedes buyers in new upmarket push
HANOVER, Germany (Reuters) – Volkswagen’s troubled mass-market brand is pushing upmarket again with a new flagship model a year after ceasing the flopped Phaeton luxury saloon in a bid to lift margins and revive its post-dieselgate image.
HPE posts steep revenue decline in key servers business
(Reuters) – Hewlett Packard Enterprise Co on Wednesday reported a steep fall in revenue in its biggest business that sells servers, networking and data storage equipment, hurt by tepid demand, intense competition and a strong dollar.
