Apple in talks to buy Japan chip venture to secure iPhone supply chain
TOKYO (Reuters) – Apple Inc, seeking to secure its mobile supply chain, has opened discussions to buy control of a Japanese venture that makes key microchips for its iPhone screens, sources familiar with the matter say.
Widow of Zurich CFO rejects results of report into his suicide
ZURICH (Reuters) – The widow of Zurich Insurance’s late finance chief on Wednesday rejected a report into his suicide, telling the Swiss company’s annual shareholder meeting she could not accept the findings of an investigation into his death.
JPMorgan global commodities unit head Masters to leave: memo
NEW YORK (Reuters) – Blythe Masters, one of Wall Street’s most powerful women, is leaving JPMorgan Chase & Co. after a 27-year career that began as an intern in London and concludes with the sale of the multibillion-dollar commodities business she built.
Monsanto profit beats expectations on strong corn, soybean demand
(Reuters) – Monsanto Co, the world’s largest seed company, reported higher-than-expected quarterly earnings on Wednesday as its corn and soybean businesses expanded globally.
Private-sector hiring breaks out of winter freeze
WASHINGTON (Reuters) – U.S. companies stepped up hiring in March for a second straight month, offering fresh evidence the economy was regaining momentum after a weather-driven lull over the winter.
AutoNation CEO declares ‘epic winter’ over, economy thawing
DETROIT (Reuters) – Mike Jackson, chief executive officer of AutoNation, the largest U.S. auto dealer group, said on Wednesday he was bullish on auto sales and the economy in general now that what he called an “epic winter” is over.
BMW to recall 232,000 cars in China for possible fault
FRANKFURT (Reuters) – BMW said it would recall a total of 232,000 imported and locally produced cars in China to check for potentially defective screws and said it would decide whether further recalls were necessary in other markets.
U.S. investigates Deutsche Boerse unit over Iran sanctions
FRANKFURT (Reuters) – German exchange operator Deutsche Boerse has again become the target of U.S. authorities in an investigation over whether its Clearstream Banking unit violated U.S. money laundering and Iran sanction laws.
Volkswagen joins rush by Western carmakers to tap high-growth Southeast Asia
BERLIN (Reuters) – Volkswagen has joined a rush by Western carmakers to tap fast-growing Southeast Asian markets to take on Japanese rivals in a region where a burgeoning middle class has money to spend.
BMW to recall 232,000 cars in China for possible engine fault
FRANKFURT (Reuters) – BMW on Wednesday said it had agreed to recall a total 232,000 imported and locally produced cars in China and will decide whether further recalls are necessary in other markets.
