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Business News
UPDATE 2-Australian regulator says Google's $2.1 bln Fitbit deal could harm competition
Australia's antitrust
regulator warned Google's planned $2.1 billion acquisition of
fitness tracker maker Fitbit may give it too much of
people's data, potentially hurting competition in health and
online advertising markets.
Categories: Business News
Glass Lewis joins ISS in opposing Tesla chairwoman's re-election to board
Glass Lewis said on Thursday that it urged Tesla Inc investors to vote against re-electing Chairwoman Robyn Denholm to the company's board, making it the second proxy advisory firm to oppose her appointment.
Categories: Business News
UPDATE 1-Glass Lewis joins ISS in opposing Tesla chairwoman's re-election to board
Glass Lewis said on Thursday that it
urged Tesla Inc investors to vote against re-electing
Chairwoman Robyn Denholm to the company's board, making it the
second proxy advisory firm to oppose her appointment.
Categories: Business News
U.S. trade chief vows to push for 'broad reset' at WTO
The Trump administration will push for a broad reset of "outdated tariff determinations" at the World Trade Organization to fix what it sees as years of unfair treatment of the United States, a top trade official told U.S. lawmakers on Wednesday.
Categories: Business News
Last A380 convoy in French village spells end of an aviation era
The last convoy of
outsize parts for the world's largest airliner crawled towards
an assembly plant in southwest France late Wednesday, applauded
by residents and production workers as Europe's Airbus prepares
to build the last A380 superjumbo.
Categories: Business News
ADB sees developing Asia barely growing in 2020 due to pandemic
The Asian Development Bank (ADB)
on Thursday slashed its growth forecast for developing Asia this
year to 0.1% from 2.2% to reflect the impact of the lockdowns on
economic activity due to the coronavirus pandemic.
Categories: Business News
UPDATE 1-Google, Fitbit deal may hamper competition -Australian regulator
Australia's consumer watchdog said on
Thursday it had concerns that Alphabet Inc-owned
Google's planned $2.1 billion acquisition of fitness tracker
company Fitbit may hinder competition in digital
advertising and health markets.
Categories: Business News
PRESS DIGEST- British Business - June 18
June 18 - The following are the top stories on the business
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Categories: Business News
FAA chief acknowledges agency, Boeing made mistakes on 737 MAX
The head of the Federal Aviation Administration, Steve Dickson, acknowledged on Wednesday that Boeing Co and the U.S. air safety agency both made mistakes on the 737 MAX jet, but rejected senators' accusations the FAA was "stonewalling" probes after two fatal crashes.
Categories: Business News
PRESS DIGEST- Financial Times - June 18
The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Categories: Business News
Glass Lewis opposes Tesla chairwoman's re-election to Board - Bloomberg News
Proxy-adviser Glass Lewis has urged
Tesla Inc investors to vote against re-electing
chairwoman Robyn Denholm to the company's board due to an
arrangement with Elon Musk that raises corporate governance
concerns, Bloomberg reported on Wednesday.
Categories: Business News
Australian regulator raises concerns over Google, Fitbit deal
Australia's consumer watchdog on Thursday raised initial competition concerns over Alphabet Inc-owned Google's $2.1 billion bid for fitness tracker company Fitbit .
Categories: Business News
Dollar holds advantage as anxiety grows over rise in coronavirus cases
The dollar held onto gains on Thursday as growing concerns about a rise in coronavirus cases underpinned safe-haven demand for the U.S. currency.
Categories: Business News
Australian regulator raises concerns over Google, Fitbit deal
Australia's consumer watchdog on
Thursday raised initial competition concerns over Alphabet
Inc-owned Google's $2.1 billion bid for fitness
tracker company Fitbit.
Categories: Business News
Amazon launches Saudi Arabia shopping site despite CEO's dispute with kingdom
Amazon.com Inc on Wednesday launched a website for shoppers in Saudi Arabia, showing its continued business interests there despite a public dispute between Riyadh and the company's chief executive, Jeff Bezos.
Categories: Business News
UPDATE 1-Amazon launches Saudi Arabia shopping site despite CEO's dispute with kingdom
Amazon.com Inc on Wednesday
launched a website for shoppers in Saudi Arabia, showing its
continued business interests there despite a public dispute
between Riyadh and the company's chief executive, Jeff Bezos.
Categories: Business News
Asian stocks set to fall as Wall St snaps 3-day winning streak
Asian stocks were set to dip on Thursday after a choppy Wall Street session as spiking coronavirus cases and prospects of new lockdowns erased earlier confidence about a global economic recovery.
Categories: Business News
UPDATE 1-Kim Kardashian West to host criminal justice podcast for Spotify
Reality TV star Kim Kardashian West has
reached a deal with Swedish music streaming company Spotify
Technology SA to host a podcast related to criminal
justice reform, a representative for West said on Wednesday.
Categories: Business News