China regulator says food supplier forged production dates: Xinhua
SHANGHAI (Reuters) – Regulators in Shanghai have found that a scandal-hit China-based food supplier forged production dates on some of its products and sold them after their expiry, the official Xinhua news agency reported on Saturday.
Merck aims to hike revenues in China to 1 billion euro by 2018
FRANKFURT (Reuters) – Merck will start offering non-prescription drugs in China as part of a push to double revenues in the region to 1 billion euros ($1.3 billion) by 2018, Chief Executive Karl-Ludwig Kley told German weekly Wirtschaftswoche.
Euro zone may discuss early Irish bailout repayment to IMF
BRUSSELS (Reuters) – Euro zone finance ministers are likely to discuss in September whether to allow Ireland to repay its more expensive bailout loans from the International Monetary Fund before paying back the euro zone bailout fund, a euro zone offic…
Amazon’s far-reaching ambitions, lack of profits, unnerve investors
SAN FRANCISCO (Reuters) – Amazon.com Inc’s message to investors has always been clear: trust in founder and CEO Jeff Bezos. But after more than a year of mostly disappointing quarterly results, that faith is being tested.
Apple iPhones allow extraction of deep personal data, researcher finds
SAN FRANCISCO (Reuters) – Personal data including text messages, contact lists and photos can be extracted from iPhones through previously unpublicized techniques by Apple Inc employees, the company acknowledged this week.
Wall St. Week Ahead: Even modest GDP bounce may support market
NEW YORK (Reuters) – Even if data next week shows a mediocre rebound in U.S. economic growth, that might be enough to keep the stock market aloft at record highs and the Federal Reserve steadfast in its winding down of stimulus through bond purchases.
U.S. sets anti-dumping duties on solar imports from China, Taiwan
WASHINGTON (Reuters) – The United States on Friday set new import duties on solar products from China and Taiwan after the Commerce Department found that the solar panels and cells are being sold too cheaply on the U.S. market.
Amazon’s far-reaching ambitions, lack of profits, unnerve investors
SAN FRANCISCO (Reuters) – Amazon.com Inc’s message to investors has always been clear: trust in founder and CEO Jeff Bezos. But after more than a year of mostly disappointing quarterly results, that faith is being tested.
Fox seen selling CNN rather than spinning off despite tax bill
NEW YORK (Reuters) – If Twenty-First Century Fox succeeds in buying Time Warner Inc, it’s likely to sell CNN and pay billions of dollars in taxes rather than go through the headaches of spinning the cable news channel off to shareholders of the merged …
FBI investigates Ford engineer after listening devices found
DETROIT (Reuters) – A former Ford Motor Co engineer is being investigated by the FBI after listening devices were found in meeting rooms at company offices, the automaker said on Friday.