Uber business model faces legal scrutiny in Taiwan, Chinese mega city
TAIPEI/SHANGHAI (Reuters) – Uber Technologies Inc is under fire in Taiwan and the Chinese mainland mega city Chongqing over concerns that it and its drivers are not appropriately licensed, adding to a string of official complaints aimed at the fast-gro…
Russia’s Gazprom says FX revenues sales to help ruble stabilization efforts
MOSCOW (Reuters) – Gazprom , Russia’s top gas producer, will stick to President Vladimir Putin’s urge to sell foreign currency revenues on the domestic market, the company’s deputy CEO Alexander Medvedev told reporters on Monday.
Global shares, oil and ruble rally into Christmas period
LONDON (Reuters) – World share markets extended their ‘Santa rally’ into a fourth day on Monday, as a recovery in beaten-down oil prices and the ruble and more calls for quantitative easing from the ECB helped lift sentiment.
Airbus to sue Skymark in UK court over canceled A380 contract
TOKYO (Reuters) – European aircraft maker Airbus Group NV is suing Skymark Airlines Inc in Britain, escalating a half-year spat over a canceled jet order and complicating the efforts of Japan’s third-biggest carrier to rebuild its finances.
Obama says Sony hack not an act of war
WASHINGTON (Reuters) – U.S. President Barack Obama moved to prevent U.S. anger at North Korea from spiraling out of control on Sunday by saying the massive hacking of Sony Pictures was not an act of war but instead was cyber-vandalism.
Saudi Arabia says won’t cut oil output
ABU DHABI (Reuters) – Saudi Arabia said on Sunday it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world’s top petroleum exporter plans to ride out the market’s biggest slump in…
Flying back on course: the inside story of the new Airbus A350 jet
PARIS (Reuters) – Ten years ago, the boss of Qatar Airways, who takes his first new A350 jet this week, warned Airbus it was flying off course.
Mexico competition watchdog signs off on AT&T’s Iusacell buy
MEXICO CITY (Reuters) – Mexico’s competition regulator on Sunday approved AT&T Inc’s $1.7 billion purchase of local cellphone company Iusacell, with unspecified conditions, a statement said.
Flying back on course: the inside story of the new Airbus A350 jet
PARIS (Reuters) – Ten years ago, the boss of Qatar Airways, who takes his first
Obama says Sony hack not an act of war
WASHINGTON (Reuters) – U.S. President Barack Obama moved to prevent U.S. anger at North Korea from spiraling out of control on Sunday by saying the massive hacking of Sony Pictures was not an act of war but instead was cyber-vandalism.
