U.S. aviation regulator bans select MacBook Pro laptops from flights

U.S. aviation regulator bans select MacBook Pro laptops from flights
FILE PHOTO: Apple company logos are seen as two MacBooks stand next to each other in an office in Vienna, Austria January 3, 2019. REUTERS/Leonhard Foeger (Reuters) – U.S. Federal Aviation Administration (FAA) has banned certain models of Apple Inc’s (AAPL.O) MacBook Pro laptops on flights, after the company recalled select units which had batteries posing fire risks. “The FAA... Read More

Stocks bounce, safe havens retreat as Trump delays China tariff

Stocks bounce, safe havens retreat as Trump delays China tariff
TOKYO (Reuters) – Asian shares joined a global equities rally and safe-haven government bonds pulled back on Wednesday, after Washington delayed tariffs on some Chinese imports in much-needed relief for markets gripped by political and economic turmoil. FILE PHOTO: A man walks past in front of a stock quotation board showing the price of the SoftBank Corp. and Nikkei share... Read More

Lower fees, snazzy branches: Hong Kong banks gird for online-only onslaught

Lower fees, snazzy branches: Hong Kong banks gird for online-only onslaught
HONG KONG (Reuters) – Hong Kong’s biggest banks are set to cut fees, boost digital services and jazz up branches with features such as touch-screen display panels to meet competition from new online-only lenders in one of the world’s most profitable banking markets. FILE PHOTO: The HSBC headquarters is reflected on the facade of a commercial building in Hong Kong,... Read More

Factbox: Merged CBS and Viacom aim to join U.S. media big league

Factbox: Merged CBS and Viacom aim to join U.S. media big league
(Reuters) – CBS Corp (CBS.N) and Viacom Inc (VIAB.O) on Tuesday reached a deal to reunite media mogul Sumner Redstone’s U.S. entertainment empire after 13 years apart. FILE PHOTO: The CBS broadcasting logo is seen outside the CBS Broadcast Center in Manhattan, New York, U.S., July 30, 2018. REUTERS/Shannon Stapleton/File Photo The deal brings together CBS television network, CBS News,... Read More

Google, Facebook, Amazon to testify in U.S. against French digital tax

Google, Facebook, Amazon to testify in U.S. against French digital tax
WASHINGTON (Reuters) – Alphabet Inc’s Google unit, Facebook Inc and Amazon.com Inc are among the companies that will testify Monday at a U.S. government hearing on the French government’s digital services tax. FILE PHOTO: The logos of Amazon, Apple, Facebook and Google are seen in a combination photo from Reuters files. REUTERS/File Photo In July, the French Senate approved a... Read More

Trump delays tariffs on Chinese cellphones, laptops, toys; markets jump

Trump delays tariffs on Chinese cellphones, laptops, toys; markets jump
WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday backed off his Sept. 1 deadline for 10% tariffs on remaining Chinese imports, delaying duties on cellphones, laptops and other consumer goods, in the hopes of blunting their impact on U.S. holiday sales. The delay which, affects about half of the $300 billion target list of Chinese goods – along with... Read More

U.S. FTC chief says regulator is prepared to break up big tech firms: Bloomberg

U.S. FTC chief says regulator is prepared to break up big tech firms: Bloomberg
FILE PHOTO: U.S. Federal Trade Commission (FTC) Chairman Joseph Simons testifies at Senate Appropriations Subcommittee hearing on the proposed budgets for the FCC and the FTC on Capitol Hill in Washington, U.S., May 7, 2019. REUTERS/Clodagh Kilcoyne (Reuters) – The U.S. Federal Trade Commission is prepared to break up major technology companies if necessary by undoing past mergers, Chairman Joe... Read More

Tech leads Wall Street higher as tariff delay sparks rally

Tech leads Wall Street higher as tariff delay sparks rally
NEW YORK (Reuters) – U.S. stocks closed higher on Tuesday after an announced delay of planned tariffs on some Chinese imports brought buyers back to the equities market in a broad-based rally. Tech stocks, headed up by Apple Inc (AAPL.O), led all three major U.S. indexes into the black following the announcement, which calmed fears over the U.S.-China trade war... Read More