Western banks wary of helping Russian privatizations: bankers
MOSCOW (Reuters) – Western investments banks with Russian operations are reluctant to advise Moscow on planned privatizations, three Western banking sources told Reuters, citing fears about violating sanctions imposed on Russia over the Ukraine conflic…
U.S. top court rules against Tyson Foods in class action case
WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday handed a loss to Tyson Foods Inc over the company’s challenge to an almost $5.8 million class action judgment in a case won by workers at an Iowa pork-processing facility who contended they were …
Foxconn seeks to lower takeover offer for Sharp: sources
TOKYO (Reuters) – Taiwan’s Foxconn aims to lower its offer for Japan’s Sharp Corp by at least around 100 billion yen ($893 million) to account for likely worse than expected annual earnings at the loss-making electronics firm and for newly revealed ris…
Rise in Anglo American share price could offer chance to fill its coffers
LONDON (Reuters) – The doubling of Anglo American’s share price since late January means the time could be ripe for a rights issue rather than an asset fire sale to boost its defenses against tumbling commodity prices, fund managers say.
Libya joins Iran in snubbing oil freeze: source
LONDON (Reuters) – Libya does not plan to attend an April 17 meeting of oil producers about freezing supply to support prices, a Libyan OPEC delegate said on Tuesday, joining fellow OPEC member Iran in snubbing the initiative.
Ford to invest 200 million euros to build SUV in Romania
BUCHAREST (Reuters) – Ford Motor Co will invest up to 200 million euros ($224.28 million) to build its smaller sport utility vehicle EcoSport at its Romanian unit Automobile Craiova, Ford Europe Chief Executive Jim Farley said on Tuesday.
Apple bets new 4-inch iPhone to draw big-screen converts in China, India
CUPERTINO, Calif/MUMBAI (Reuters) – Apple Inc is betting a new 4-inch iPhone will spur smartphone users in key markets such as China and India to ditch their larger-screens in favor of the diminutive, yet feature-rich and lower-priced iPhone SE.
U.S. says it may not need Apple to open San Bernardino iPhone
(Reuters) – U.S. prosecutors said Monday that a “third party” had presented a possible method for opening an encrypted iPhone used by one of the San Bernardino shooters, a development that could bring an abrupt end to the high-stakes legal showdown bet…
World’s longest aircraft readies for first flight in Britain
LONDON (Reuters) – The world’s longest aircraft, an airship spanning more than six double-decker buses, is set to make its maiden flight later this Spring, British manufacturer Hybrid Air Vehicles said on Monday.
Poll: Apple’s privacy fight does not win extra points for security
(Reuters) – Most Americans trust Apple Inc to protect their personal information from hackers, according to a national Reuters/Ipsos poll, but not any better than rivals Google, Amazon and Microsoft.
