Black Friday shoppers stay away from stores, make $7 billion-plus splurge online

Black Friday shoppers stay away from stores, make $7 billion-plus splurge online
WASHINGTON (Reuters) – U.S. shoppers made more purchases online on Black Friday than in the mall – hurting traffic and sales at brick-and-mortar stores, according to data that offered a glimpse into what is still one of the busiest shopping days of the year. People walk through the King of Prussia mall, one of the largest retail malls in the... Read More

Exclusive: EU antitrust regulators say they are investigating Google’s data collection

Exclusive: EU antitrust regulators say they are investigating Google’s data collection
FILE PHOTO: A man passes a Google signage outside their office in Singapore May 24, 2019. REUTERS/Edgar Su/File Photo BRUSSELS (Reuters) – EU antitrust regulators are investigating Google’s collection of data, the European Commission told Reuters on Saturday, suggesting the world’s most popular internet search engine remains in its sights despite record fines in recent years. Competition enforcers on both... Read More

Fiat Chrysler reaches tentative labor deal with United Auto Workers

Fiat Chrysler reaches tentative labor deal with United Auto Workers
DETROIT (Reuters) – Fiat Chrysler Automobiles NV (FCHA.MI) and the United Auto Workers (UAW) union on Saturday announced a tentative agreement for a four-year labor contract, a boost for the automaker as it works to merge with France’s Groupe PSA (PEUP.PA). FILE PHOTO: Mike Manley, CEO of Fiat Chrysler Automobiles (FCA), and FCA Chairman John Elkann (R) speak next to... Read More

Tesla move will draw further companies into Germany – state premier

Tesla move will draw further companies into Germany – state premier
A flagstore shop of electric carmaker Tesla is pictured in Berlin, Germany, November 13, 2019. REUTERS/Fabrizio Bensch FRANKFURT (Reuters) – Tesla’s (TSLA.O) announcement earlier this month that it will build its first European factory near Berlin will draw further companies from the electric mobility and energy storage sectors into Germany, a state premier told newspaper Die Welt. “They are already... Read More

Facebook issues corrective label on user’s post under new Singapore fake news law

Facebook issues corrective label on user’s post under new Singapore fake news law
SINGAPORE (Reuters) – Facebook (FB.O) said on Saturday it had issued a correction notice on a user’s post at the request of the Singapore government, but called for a measured approach to the implementation of a new “fake news” law in the city-state. FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of Facebook logo in... Read More

Facebook corrects user’s post under new Singapore fake news law

Facebook corrects user’s post under new Singapore fake news law
FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo SINGAPORE (Reuters) – Facebook (FB.O) said on Saturday it had issued a correction notice on a user’s post at the request of the Singapore government, but urged for a measured approach to the... Read More

Facebook issues first correction notice at Singapore’s request

Facebook issues first correction notice at Singapore’s request
FILE PHOTO: Silhouettes of laptop users are seen next to a screen projection of Facebook logo in this picture illustration taken March 28, 2018. REUTERS/Dado Ruvic/Illustration/File Photo SINGAPORE (Reuters) – Facebook issued its first correction notice on a user’s post at the request of the Singapore government on Saturday, according to the notice seen by Reuters. The government said on... Read More

China’s factory activity unexpectedly returns to growth in November

China’s factory activity unexpectedly returns to growth in November
BEIJING (Reuters) – Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing’s accelerated stimulus measures to steady growth. FILE PHOTO: An employee works at the production line of aluminium rolls at a factory in Zouping, Shandong province, China November 23, 2019. Picture taken November 23,... Read More

China November factory activity unexpectedly returns to growth

China November factory activity unexpectedly returns to growth
BEIJING (Reuters) – Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked up on Beijing’s accelerated stimulus measures to steady growth. FILE PHOTO: An employee works at the production line of aluminium rolls at a factory in Zouping, Shandong province, China November 23, 2019. Picture taken November 23,... Read More

Apple ‘taking a deeper look’ at map policies after calling Crimea part of Russia

Apple ‘taking a deeper look’ at map policies after calling Crimea part of Russia
FILE PHOTO: The Apple Inc. logo is seen hanging at the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo (Reuters) – Apple Inc (AAPL.O) is “taking a deeper look at how we handle disputed borders” after it referred to the Russian-annexed Crimean peninsula as part of Russia in its Maps and Weather... Read More