Fed softness knocks dollar, fails to lift Greece-focused Europe
LONDON (Reuters) – A softer stance from the Federal Reserves knocked the dollar down on Thursday but failed to lift stock markets in Europe, where the looming deadline for Greece to get a new debt deal kept investors nervous.
Exclusive: U.S. authorities probe alleged forged letter from Mirach in Sahara deal
SAN FRANCISCO/NEW YORK (Reuters) – Federal authorities in San Francisco are probing U.S.-based Mirach Capital Group, two sources familiar with the situation told Reuters, amid allegations that the group gave a forged bank letter to Indian conglomerate …
Morgan Stanley breach probe shifts to hacker from fired employee: WSJ
(Reuters) – U.S. authorities are investigating whether a hacker is behind the online publication of a cache of Morgan Stanley’s client data and not the financial adviser who was fired in connection with the breach, the Wall Street Journal reported, cit…
Apple poaching auto engineers to build battery division: lawsuit
SAN FRANCISCO (Reuters) – Electric-car battery maker A123 Systems has sued Apple Inc for poaching top engineers to build a large-scale battery division, according to a court filing that offered further evidence that the iPhone maker may be developing a…
YouTube to launch paid music service in a few months
(Reuters) – Google Inc’s YouTube is set to launch its long-awaited paid monthly subscription service called YouTube Music Key in a few months, said Robert Kyncl, the online video service’s head of content and business operations, at the Code/Media conf…
Japan’s annual exports jump most since late 2013 in boost to economy
TOKYO (Reuters) – Japan’s annual exports in January jumped the most since late 2013 in an encouraging sign a weak yen is finally boosting the nation’s all-important export engine and helping the economy crawl out of recession.
Pressure mounts on shippers, union to settle U.S. West Coast ports dispute
LOS ANGELES (Reuters) – Two U.S. Cabinet secretaries joined congressional leaders, three governors and a big-city mayor on Wednesday in pushing shipping lines and the dockworkers’ union to settle a contract dispute that has led to months of turmoil and…
Lockheed says international sales could reach 30 percent of annual revenue
(Reuters) – International sales could eventually account for 30 percent of Lockheed Martin Corp’s annual revenue, Chief Executive Officer Marillyn Hewson told Reuters on Wednesday.
Japan January exports rise 17 percent year-on-year: MOF
TOKYO (Reuters) – Japanese exports rose 17.0 percent in January from a year earlier for a fifth straight month of gains, Ministry of Finance data showed on Thursday, in a further sign of a pick-up in external demand.
Arms makers cautiously welcome new U.S. export policy on drones
WASHINGTON (Reuters) – U.S. weapons makers on Wednesday cautiously welcomed a new U.S. export policy for unmanned planes, saying it could boost equipment sales while making it easier for the U.S. military to operate with allies in future conflicts.
