RBS denies latest SME claims, lawmaker demands review publication
LONDON (Reuters) – Royal Bank of Scotland said on Monday there was no evidence it had deliberately caused SMEs to fail, while a senior British lawmaker called for the country’s regulator to fix a publication date for a long-delayed review into the all…
Fiat Chrysler, Cummins spar over costs of diesel emission recall
WASHINGTON (Reuters) – Fiat Chrysler Automobiles NV and engine manufacturer Cummins Inc are fighting over the $200 million estimated cost for a recall of 130,000 Ram pickup trucks equipped with Cummins diesel engines that could exceed U.S. pollution …
World Economic Forum launches San Francisco tech policy center
SAN FRANCISCO (Reuters) – The World Economic Forum, the Swiss-based group that sponsors that annual Davos gathering of world leaders, is opening a San Francisco office to explore policy and regulatory questions surrounding new technologies such as arti…
Wall Street rises as Clinton seen winner of second debate
(Reuters) – U.S. stocks rose on Monday as energy shares gained with oil prices and as Apple jumped due to rival Samsung Electronics’ worsening smartphone recall crisis.
Microsoft, Banco Votorantim partner on Brazil fintech investments
SAO PAULO (Reuters) – Microsoft Corp and Brazilian lender Banco Votorantim are investing together in financial technology startups, executives said in a Monday interview, as the U.S. tech company adds a new specialty to its venture capital portfolio i…
CBS CEO Moonves to seek autonomy following any deal with Viacom: sources
(Reuters) – CBS Corp Chief Executive Leslie Moonves is planning to seek autonomy from the Redstone family, the broadcaster’s controlling shareholder, in leading the company if it merges with Viacom Inc , two people familiar with the matter said.
Verizon may shift holiday marketing away from Note 7: spokeswoman
NEW YORK (Reuters) – Verizon Communications Inc, the largest U.S. wireless carrier, may shift marketing away from Samsung Electronics Co Ltd’s troubled Galaxy Note 7 mobile phone heading into the critical holiday selling season, a company spokeswoman…
Salesforce still mulls bid for Twitter as shareholders resist: sources
(Reuters) – Salesforce.com Inc is still deliberating whether it should make an offer for Twitter Inc in the face of resistance from Salesforce shareholders over the strategic merits and valuation of such a deal, people familiar with the matter said o…
Samsung halts Note 7 production after new fire scare: source
SEOUL (Reuters) – Samsung Electronics Co Ltd has suspended production of its flagship Galaxy Note 7 smartphones, a source said on Monday, after reports of fires in replacement devices added to the tech giant’s worst ever recall crisis.
U.S. stocks gain on widening Clinton lead, oil surges
NEW YORK (Reuters) – U.S. stocks strode higher on Monday, lifted by Hillary Clinton’s widening lead in the U.S. presidential campaign and by a surge in oil prices, while sterling was under pressure on concerns Britain will make a hard exit from the Eur…
