Apple explores move into original programming business – Variety
(Reuters) – Apple Inc is looking to move into the original programming business to compete with video streaming companies such as Netflix Inc , Variety reported on Monday.
Law firm targets Google foes for private damages claims
BRUSSELS (Reuters) – U.S. law firm and class action specialist Hausfeld launched a platform on Tuesday to help pursue claims against Google, posing a potential headache for the world’s No. 1 Internet search engine amid its regulatory troubles in Europe…
Weak China Aug factory, services point to further economic slowdown
BEIJING/SHANGHAI (Reuters) – Activity in China’s factory sector shrank at its fastest rate in at least three years in August as domestic and export orders tumbled, hitting global markets and increasing fears that the world’s second-largest economy may …
U.S. manufacturing sector growth slows in August – ISM
NEW YORK (Reuters) – The pace of growth in the U.S. manufacturing sector slowed in August to its weakest in over two years, according to an industry report released on Tuesday.
U.S. construction spending rises to seven-year high
WASHINGTON, Sept 1 (Reuters) – – U.S. construction spending rose in July to the highest level in just over seven years as private outlays surged, providing another sign of solid economic momentum at the start of the third quarter.
Wall St. set to open lower after weak China data
(Reuters) – Wall Street was set to open sharply lower on Tuesday after weak data from China heightened fears of a slowdown in the world’s second-largest economy.
Man Group shares fall after report China head helping police probe
LONDON/BEIJING (Reuters) – Shares in British hedge fund manager Man Group Plc fell more than 6 percent in early trade on Tuesday following a report the head of its China unit had been taken into custody as part of a probe into the country’s recent mark…
China jitters send global stocks tumbling
LONDON (Reuters) – World stocks and commodity prices tumbled on Tuesday, as poor Chinese data saw fears about its economic health intensify.
Calpers, Calstrs oppose joint CEO-chairman role at Bank of America
(Reuters) – Two of America’s biggest public pension funds have come together to oppose an amendment of bylaws at Bank of America Corp that would allow Brian Moynihan to continue as both chief executive and chairman of the No. 2 U.S. bank by assets.
IMF’s Lagarde sees weaker than expected global economic growth
JAKARTA (Reuters) – Global economic growth is likely to be weaker than earlier expected, the head of the International Monetary Fund said on Tuesday, due to a slower recovery in advanced economies and a further slowdown in emerging nations.
