Intel considers sale of cyber security business: FT
NEW YORK (Reuters) – Chipmaker Intel Corp is considering the sale of its cyber security business, the Financial Times reported on Sunday.
Rosatom’s global nuclear ambition cramped by Kremlin politics
PARIS/MOSCOW (Reuters) – The $100 billion overseas order book of Russia’s nuclear power plant builder Rosatom — bigger than all its Western competitors combined — makes it look like the giant in its field.
Deutsche Bank CEO says London financial center will weaken but won’t die
BERLIN (Reuters) – The chief executive of Deutsche Bank says London will not die as a financial center but it will become weaker after Britain voted to leave the European Union.
Kuka nears deal with Chinese bidder: source
BERLIN/FRANKFURT (Reuters) – German robotics maker Kuka is on the brink of agreeing to an investor agreement with Chinese bidder Midea that includes a long-term commitment to existing headquarters, factories and jobs, a source close to the negotiatio…
Britain’s EU commissioner, finance chief Hill, resigns
BRUSSELS (Reuters) – The British member of the EU executive, Financial Services Commissioner Jonathan Hill, resigned on Saturday after having campaigned against Britain leaving the European Union.
China touts new bank’s greater understanding of developing world
BEIJING (Reuters) – The China-led Asian Infrastructure Investment Bank (AIIB) will be different from institutions like the World Bank because it has a greater understanding of the developing world’s needs, officials said on Sunday at its first annual m…
Volkswagen should pay Europeans same compensation as U.S. drivers: EU commissioner
BERLIN (Reuters) – Volkswagen AG should offer European drivers similar compensation to what the German carmaker is expected to pay U.S. customers, Europe’s Industry Commissioner Elzbieta Bienkowska told a newspaper on Sunday.
Investor George Soros calls for reconstruction of EU after ‘Brexit’ vote
(Reuters) – Billionaire investor George Soros on Saturday called for thorough reconstruction of the European Union in order to save it, even though he warned that Britain’s vote to leave the bloc makes “disintegration of the EU practically irreversible…
Central banks ready to cooperate after Brexit result
ZURICH (Reuters) – Central banks are ready to cooperate to support financial stability in the wake of Britain’s vote to leave the European Union, the Bank for International Settlements said on Saturday.
SolarCity recuses two more board members from voting on Tesla offer
(Reuters) – Two additional SolarCity Corp board members with ties to Elon Musk are recusing themselves from making decisions regarding Tesla Motors Inc’s offer to buy the solar power company, in a bid to alleviate corporate governance concerns surround…
