HSBC fires UK staff over mock execution video
LONDON (Reuters) – HSBC has fired UK staff who filmed themselves staging a mock Islamic State-style beheading of a colleague and posted the video online, it said on Tuesday.
Samsung Electronics profit guidance suggests costly S6 miss
SEOUL (Reuters) – South Korean tech giant Samsung Electronics Co Ltd on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone launch and tepid demand from key markets likely undercut sales.
Europe steadies before Greece summit, China stocks fall again
LONDON (Reuters) – European stock and bond markets steadied on Tuesday before a euro zone leaders summit to discuss the Greek debt crisis while a further fall in Chinese shares reminded investors of other dark clouds on the horizon.
China economic uncertainty a potential risk for U.S. chipmakers
SAN FRANCISCO (Reuters) – Tumbling markets and economic uncertainty in China pose a risk to major chipmakers such as Qualcomm Inc that derive a big portion of their sales from the world’s second-largest economy.
Boeing says loss of Ex-Im Bank would be competitive disadvantage
WASHINGTON (Reuters) – Loss of U.S. Export-Import Bank financing would put Boeing Co at a “huge competitive disadvantage” since its rivals still have access to such financing support, the head of the company’s commercial aircraft division told reporter…
Reddit CEO apologizes after outrage over employee dismissal
SAN FRANCISCO (Reuters) – Reddit Chief Executive Ellen Pao on Monday issued an apology to users of the popular social news platform over the way the company handled the dismissal of a well-liked employee last week, a move that drew widespread outrage f…
Germany, France press Greece to make fast, credible proposals
PARIS/ATHENS (Reuters) – France and Germany told Greece on Monday to come up with serious proposals in order to restart financial aid talks, a day after Greeks voted overwhelmingly to reject more austerity.
Samsung Elec says second quarter operating profit likely down 4 percent year on year
SEOUL (Reuters) – Tech giant Samsung Electronics Co Ltd said on Tuesday that operating profit for the April-June quarter will likely be 6.9 trillion won ($6.13 billion), down 4 percent from a year earlier.
Energy leads Wall St. lower with eyes on Greece, China
(Reuters) – U.S. stocks fell in a volatile Monday session as Greeks resoundingly backed their government in rejecting the austerity terms of a bailout and China implemented emergency measures to stop a selloff in Shanghai’s market.
Boeing says loss of Ex-Im Bank would be competitive disadvantage
WASHINGTON (Reuters) – Loss of U.S. Export-Import Bank financing would put Boeing Co at a “huge competitive disadvantage” since its rivals still have access to such financing support, the head of the company’s commercial aircraft division told reporter…
