Japan investment in Southeast Asia surges amid China slump
TOKYO (Reuters) – Japanese companies’ investments in Southeast Asia surged last year to almost three times the amount invested in China, after relations between Beijing and Tokyo soured in 2012 and Chinese labor costs rose, a government agency of Japan…
Tech workers seek to use Steve Jobs evidence in upcoming trial on no-hire accords
SAN FRANCISCO (Reuters) – Four large technology companies should not be allowed to limit evidence about Apple Inc co-founder Steve Jobs at an upcoming trial over no-hire agreements in Silicon Valley, according to a court document filed late on Thursday…
The robot is ready – so when will deep sea mining start?
NEWCASTLE, England/LONDON (Reuters) – The world’s first deep sea mining robot sits idle on a British factory floor, waiting to claw up high grade copper and gold from the seabed off Papua New Guinea (PNG) – when a wrangle over terms is solved.
Japan, U.S. trade talks in stalemate, ministers to meet again: Japan
WASHINGTON/TOKYO (Reuters) – U.S.-Japan talks aimed at a trade deal seen as vital to a broader regional pact are in stalemate, Japan’s economy minister said, as negotiators struggle to narrow gaps ahead of a summit between the countries’ leaders.
Wall Street Week Ahead: Spring fever brings hope for U.S. earnings
NEW YORK (Reuters) – Earnings season shifts into high gear next week, and with nearly one-third of S&P 500 names set to post results, investors hope the news provides a catalyst to buy stocks and leave the market’s recent weakness in the dust.
Disney sees operating income growth at cable networks
LOS ANGELES (Reuters) – Walt Disney Co’s cable networks are expected to record high single-digit growth in operating income and domestic affiliate revenue from fiscal 2014 through 2016, Chief Financial Officer Jay Rasulo told investors on Thursday.
Retailer Michaels Stores confirms payment card data breach
(Reuters) – Michaels Stores Inc, the biggest U.S. arts and crafts retailer, on Thursday confirmed that there was a security breach at certain systems that process payment cards at its U.S. stores and that of its unit, Aaron Brothers.
Apache CEO, Vermont activist build alliance on climate issues
NEW YORK (Reuters) – Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist.
Ford, IBM to face renewed U.S. lawsuit over apartheid-era abuses
NEW YORK (Reuters) – Ford Motor Co and IBM Corp will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue such c…
U.S. judge declines to order ‘park it now’ notices for GM cars
(Reuters) – A federal judge on Thursday rejected a bid to compel General Motors Co to tell customers to stop driving millions of cars that have been recalled for defective ignition switches.