Google ships five million Cardboard virtual reality devices
(Reuters) – Alphabet Inc’s Google said it had shipped 5 million units of the Google Cardboard viewer, a wearable device that allows users to experience virtual reality through mobile apps.
EU seeks more powers over national car regulations after VW scandal
BRUSSELS (Reuters) – The European Union sought sweeping powers over national car regulations on Wednesday, aiming to prevent a repeat of Volkswagen’s emissions test cheating scandal and sparking a tough debate as governments and industry resist change….
History suggests investors face extended bear market blues
LONDON (Reuters) – Good news for investors rattled by the “bear market” in many stock indices is that the selling may only last a few months –the bad news is that another big lurch lower is likely and that previous peaks will not be revisited for year…
Hedge fund workers without MBAs make bigger bonuses: SumZero
BOSTON (Reuters) – A post-graduate degree may not be the smartest investment for a young professional going into the hedge fund industry.
Wendy’s probing likely fraudulent payment-card charges: Bloomberg
(Reuters) – Burger chain operator Wendy’s Co said on Wednesday it was investigating reports of unusual activity with payment cards used at some of its 5,700 locations in the United States, Bloomberg reported.
UK PM Cameron under pressure over Google tax deal
LONDON (Reuters) – British Prime Minister David Cameron came under increasing pressure on Wednesday over a back tax deal agreed by Internet group Google that was hailed by his finance minister as a major success but dismissed as “derisory” by the oppos…
Gasoline cargoes sail to Iran, crude exports still tough
LONDON (Reuters) – Major oil firms and trade houses are gradually resuming energy trading with Iran but efforts remain very cautious and often face huge legal obstacles, meaning a post-sanctions return to full-scale activity will take weeks if not mont…
VW recalls 67,000 Caddy vans
BERLIN (Reuters) – Volkswagen is recalling 67,000 Caddy light commercial vans globally because faulty bolting of the main power supply unit could switch on the ignition, a spokesman said.
Shell shareholders approve $50 billion BG takeover
THE HAGUE (Reuters) – Royal Dutch Shell shareholders approved its $50 billion takeover of BG Group on Wednesday, clearing the last main hurdle to creating the biggest liquefied natural gas (LNG) trader in the world.
OPEC-led attempt for oil-cut deal under way, prospects slim
LONDON/DUBAI (Reuters) – OPEC is renewing efforts among members and producers from outside the group for a deal to fix an oil glut and boost prices, but it is too early to say whether the attempt will work, OPEC sources said on Wednesday.
