China’s latest anti-trust probes revive protectionism concerns
BEIJING (Reuters) – China’s recent probes into Microsoft Corp and car companies including Audi and Chrysler have rekindled concerns that Beijing may be using an anti-monopoly law to support domestic firms at the expense of foreign companies.
Time Warner to go it alone as Fox exits stage
(Reuters) – Time Warner Inc will not have to worry about any overtures from Twenty-First Century Fox for the foreseeable future.
Asia stocks cautious, bonds up on Ukraine tensions
TOKYO (Reuters) – Asian share markets got off to a cautious start on Thursday, with Japanese stocks pulling further away from six-week lows as a Russian troop build-up on the border with Ukraine sapped risk-appetite and pushed global bond prices higher…
Samsung’s next reinvention challenge: itself
SEOUL (Reuters) – As its smartphone sales stutter and a generational leadership succession looms, Samsung Electronics Co Ltd is under pressure to reinvent itself – to be more innovative, but not lose the rigor and focus that made it a global powerhouse…
U.S. judge tells New York bank to hold onto Argentine bond funds
BUENOS AIRES (Reuters) – The U.S. judge in charge of Argentina’s debt default case on Wednesday ordered Bank of New York Mellon to hold on to money deposited by the government rather than disburse the funds to holders of the country’s restructured bond…
Walgreen to keep U.S. tax domicile after buying Alliance Boots
(Reuters) – U.S. retailer Walgreen Co said it would not use a full takeover of Europe’s biggest pharmacy chain, Alliance Boots [ABN.UL], to move its domicile overseas, following fierce criticism of such tax-cutting deals at home.
T-Mobile deal collapse could spark telecom price war
WASHINGTON (Reuters) – Sprint Corp’s newly appointed Chief Executive Marcelo Claure has so far had a Midas touch in the telecoms industry, turning Brightstar, a reseller of U.S. handsets to Latin America, into a distributor valued at $2.2 billion when …
Time Warner to go it alone as Fox exits stage
(Reuters) – Time Warner Inc will not have to worry about any overtures from Twenty-First Century Fox for the foreseeable future.
Chrysler CEO says no talks, but open to Canada investment pitch
DETROIT (Reuters) – Chrysler Group Chief Executive Sergio Marchionne said on Wednesday the company has not resumed talks with Canadian officials about financial support to help upgrade a minivan plant in Windsor, but would entertain any proposal offere…
ECB set to hold fire on rates, eyes risks from Ukraine conflict
FRANKFURT (Reuters) – The European Central Bank is set to hold fire on rates on Thursday as it waits for earlier stimulus measures to gain traction, while keeping an eye on emerging risks from the conflict in Ukraine.