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Google policy head retools team for global lobbying push

Alphabet Inc's Google is trying to plug a surge of public scrutiny around the world by overhauling how its policy office operates, with increased emphasis on having policy staffers and top company executives alike building relationships with governments, people familiar with the matter said this week.



5 years ago

Huawei says it is readying possible Hongmeng software roll-out

An executive of China's Huawei, which has been banned from working with U.S. tech firms, said on Thursday that the telecoms giant is in the process of potentially launching its "Hongmeng" operating system (OS) to replace the U.S. Android OS.



5 years ago

Asia stocks steady after oil surge lifts Wall Street

Asian stocks held their ground on Friday after Wall Street gained on a surge in oil prices as attacks on tankers in the Gulf of Oman stoked U.S.-Iran tensions and raised concerns over supply flows through one of the world's main sea lanes.



5 years ago

Safe havens emerge in China, South Asia as recession risks grow

Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold.



5 years ago

Asia stocks subdued ahead of China data, Gulf attacks support oil

Asian stocks were subdued on Friday ahead of key Chinese data that could provide more clues on how heavily the U.S.-Sino trade war is weighing on the economy, while oil prices were supported by supply concerns after attacks on tankers in the Gulf of Oman.



5 years ago

Exclusive - Business and pleasure: how Russian oil giant Rosneft uses its corporate jets

Jets used for corporate travel by Russian state-owned oil major Rosneft flew at least 13 times to Mallorca, Ibiza, Sardinia and the Maldives when CEO Igor Sechin or people from his social circle were in the same vacation spots.



5 years ago

WeWork considers $1.9 billion offer for 70% Indian affiliate stake: Bloomberg

Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter.



5 years ago

Bayer says to invest 5 billion euros in new weed killers

Bayer said it would invest 5 billion euros ($5.6 billion) in developing new weedkillers and reducing its environmental impact by 30% by 2030, as it seeks to address the fallout from U.S. class-action litigation over glyphosate.



5 years ago

Hedge fund Third Point calls on Sony to spin off semiconductor unit

Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company.



5 years ago

Asia stocks sag ahead of China data, Gulf attacks support oil

Asian stocks sagged on Friday ahead of key Chinese data that could provide more clues on how heavily the U.S.-Sino trade war is weighing on the economy, while oil prices were supported by supply concerns after attacks on tankers in the Gulf of Oman.



5 years ago

Volkswagen aims to raise 1.9 billion euros from truck unit IPO

Volkswagen said on Friday that it aims to raise up to 1.9 billion euros ($2.1 billion) by floating a stake of at least 10% in its Traton trucks unit later this month, its second attempt to bring the business to market.



5 years ago

Airbus signs amended A400M deal with buyer countries

Airbus said on Friday it had signed an agreement with European buyer countries for a revised contract for its delayed A400M military transporter plane.



5 years ago

Bayer to invest 5 billion euros in weedkiller research

Bayer, the German crop science and chemicals group reeling from U.S. litigation over claims its glyphosate pesticide causes cancer, said on Friday it would invest 5 billion euros ($5.64 billion) in weedkiller research.



5 years ago

Fiat Chrysler signs EV charge point deals with Enel, Engie

Carmaker Fiat Chrysler (FCA) has signed an agreement with European utilities Enel and Engie to help offer its customers charging points for electric vehicles (EV) it is planning to roll out.



5 years ago

India minister says confident Jet Airways' problems will be solved

India's new civil aviation minister said on Friday he is confident that problems at grounded Jet Airways Ltd will be solved, in the government's first comments on the debt-laden carrier since it was reelected last month.



5 years ago