Japan Display in talks with Apple to build iPhone screen plant: source
TOKYO (Reuters) – Japan Display Inc is considering building a plant to supply smartphone screens for Apple Inc and is negotiating with the U.S. company for investment in the project, a person familiar with the situation said on Friday.
Alstom to cut half of jobs at Swiss rail factory: labor group
ZURICH/PARIS (Reuters) – French engineering group Alstom plans to cut about half the workforce at its Neuhausen factory in Switzerland, a Swiss labor group said on Friday.
U.S. West Coast ports talks break for night without deal
SAN FRANCISCO (Reuters) – Shipping executives and union leaders for dockworkers at 29 West Coast ports ended a third straight day of contract talks late on Thursday without a settlement, despite arm-twisting from the U.S. labor secretary, but planned t…
Exclusive: Subsidy cuts in India’s budget may disappoint investors
NEW DELHI (Reuters) – India may slash its food and fuel subsidy bill by about $8 billion in next week’s budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Na…
Ex-Qualcomm executive pleads guilty to insider trading
SAN DIEGO (Reuters) – A former director of sales for U.S. chipmaker Qualcomm Inc pleaded guilty in San Diego on Thursday to insider trading, officials said.
Greek bailout jitters push stock markets off highs
LONDON (Reuters) – World stocks eased off five-month highs on Friday and the euro fell before a European finance ministers’ meeting that could potentially cut Greece adrift and set it on the path to exiting the euro zone.
Japan January inflation seen easing, factory output up; BOJ sits tight
TOKYO (Reuters) – Japan’s core inflation is seen slowing for a sixth month in January while factory output is expected to rise, underlining the policy challenge facing the Bank of Japan as it strives to speed up economic growth and achieve its 2 percen…
Greece hopes for solution, still opposed to bailout: government spokesman
ATHENS (Reuters) – Greece has made every effort to reach a mutually beneficial agreement with its euro zone partners but will not be pushed to implement its old bailout program, its government spokesman said on Friday.
Transocean CEO’s exit linked to lack of vision in tough market
HOUSTON (Reuters) – Barely two months into his new job as the head of the world’s largest offshore driller, Steven Newman was steering Transocean through the 2010 Gulf of Mexico oil spill, quickly earning a reputation as a CEO with a steady hand.
Santander reaches accord with N.Y. to expand bank account access
NEW YORK (Reuters) – Santander Bank, N.A. has agreed to change the way it screens applicants for checking and savings accounts, becoming the third bank to reach such a pact with New York Attorney General Eric Schneiderman.
