EU targets interim Greek debt deal by next week
BRUSSELS (Reuters) – The European Union is aiming to clinch an interim debt deal with Greece at a meeting of euro zone finance ministers on Monday, with “low expectations” for a breakthrough at meetings of ministers and EU leaders this week.
BlackBerry names new chief security officer
TORONTO (Reuters) – BlackBerry Ltd named David Kleidermacher as its chief security officer on Tuesday, moving to further bolster the smartphone maker’s credentials with security-conscious clients, including big players in the defense, automotive and he…
Coca-Cola profit beats estimates; North American soda sales up
(Reuters) – Coca-Cola Co reported a slightly higher-than-expected profit on Tuesday as sales in North America, its biggest market, rose for the first time in four quarters, offsetting the impact of a stronger dollar on its overseas business.
Canon to buy video surveillance leader Axis for $2.8 billion
TOKYO/STOCKHOLM (Reuters) – Canon Inc made a 23.6 billion-Swedish-crown ($2.83 billion) offer for network video surveillance leader Axis AB on Tuesday — the biggest purchase ever for the Japanese firm trying to expand beyond a shrinking camera market….
Canon to buy video surveillance leader Axis for $2.8 billion
TOKYO/STOCKHOLM (Reuters) – Canon Inc made a 23.6 billion-Swedish-crown ($2.83 billion) offer for network video surveillance leader Axis AB on Tuesday — the biggest purchase ever for the Japanese firm trying to expand beyond a shrinking camera market….
China January inflation hits five-year low
BEIJING (Reuters) – China’s annual consumer inflation hit a five-year low in January while factory deflation worsened, underscoring deepening weakness in the economy and heaping pressures on policymakers to inject more stimulus to underpin growth.
Dollar drifts up as Greek worries weigh on Europe
LONDON (Reuters) – Nerves over Greece’s future in the euro and the conflict in Ukraine dragged on European markets on Tuesday, while bets on the likelihood of a U.S. interest rate hike nudged the dollar higher and oil prices held steady after a rebound…
With antitrust deal done, Qualcomm still faces China challenges
SAN FRANCISCO/BEIJING (Reuters) – Even after agreeing to pay a record near-$1 billion fine in China for antitrust violations, U.S. chipmaker Qualcomm Inc faces big challenges in its most important market.
China quality watchdog tells Alibaba fakes threaten China’s reputation
SHANGHAI/BEIJING (Reuters) – Alibaba Group Holding Ltd must pay more attention to product quality and step up the fight against fake goods sold online, China’s product quality watchdog chief told company executive chairman Jack Ma, according to a state…
Samsung Electronics 2015 dividend likely less than 2014: source
SEOUL (Reuters) – South Korean tech firm Samsung Electronics Co Ltd will likely pay out a smaller amount in dividends this year compared with that of 2014, a person with direct knowledge of the matter told Reuters on Tuesday.
