‘Storm approaching’: firms fear for deliveries in shipping shakeup

‘Storm approaching’: firms fear for deliveries in shipping shakeup
LONDON/LOS ANGELES (Reuters) – U.S. furniture company RC Willey Home Furnishings is so concerned that new global clean air rules will cause transport disruption that it brought forward the shipment of arm chairs and sofas from China by two months. FILE PHOTO: Shipping containers are pictured at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in... Read More

U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades

U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades
WASHINGTON (Reuters) – U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25% tariffs on Chinese goods, slowing the U.S. innovation engine, technology industry executives said on Monday. FILE PHOTO: A worker cycles past containers outside a logistics center near Tianjin Port, in northern China, May 16, 2019. REUTERS/Jason Lee Trump’s administration... Read More

Daimler warns on 2019 profit outlook as diesel issues bite

Daimler warns on 2019 profit outlook as diesel issues bite
FRANKFURT (Reuters) – Daimler cut its 2019 earnings outlook on Sunday after lifting provisions for issues related to its diesel vehicles to hundreds of millions of euros. The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke Group earnings before interest and tax this year are now expected to be at... Read More

Daimler cuts 2019 profit outlook on diesel issues

Daimler cuts 2019 profit outlook on diesel issues
The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – Daimler has cut its earnings outlook for this year after lifting provisions for issues related to its diesel vehicles by “a high three-digit million euro amount”, the carmaker said on Sunday. Group earnings before interest and tax for... Read More

Daimler to recall 60,000 Mercedes diesels in Germany over emissions

Daimler to recall 60,000 Mercedes diesels in Germany over emissions
The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – Daimler must recall 60,000 Mercedes diesel cars in Germany after regulators found that they were fitted with software aimed at distorting emissions tests, the Transportation Ministry said on Saturday. The model affected is the Mercedes-Benz GLK 220 produced... Read More

Amazon gets U.S. patent to use delivery drones for surveillance service

Amazon gets U.S. patent to use delivery drones for surveillance service
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019. REUTERS/Pascal Rossignol (Reuters) – Amazon.com Inc is exploring using drones not just to deliver packages but also to provide surveillance as a service to its customers, according to a patent granted by the United States Patent and Trademark Office. The delivery... Read More

China, U.S. to resume trade talks but China says demands must be met

China, U.S. to resume trade talks but China says demands must be met
BEIJING (Reuters) – Top Chinese and U.S. officials will resume trade talks in accordance with the wishes of their leaders, but China hopes the United States will create the necessary conditions for dialogue, the Chinese commerce ministry said on Thursday. FILE PHOTO: Chinese and U.S. flags are set up for a meeting during a visit by U.S. Secretary of Transportation... Read More

Renault, Nissan join Waymo in exploring driverless services in France, Japan

Renault, Nissan join Waymo in exploring driverless services in France, Japan
DETROIT/PARIS (Reuters) – French automaker Renault SA, its Japanese partner Nissan Motor Co and tech giant Alphabet Inc’s Waymo are exploring a partnership to develop and use self-driving vehicles to transport people and goods in France and Japan, the companies said on Thursday. FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of a common... Read More

Trump-Xi meeting unlikely to resolve trade differences, could lead to more talks: media

Trump-Xi meeting unlikely to resolve trade differences, could lead to more talks: media
BEIJING/SHANGHAI (Reuters) – Upcoming trade talks between the leaders of China and the United States are unlikely to immediately resolve major disagreements between the two sides but could start a new phase in negotiations, Chinese state media said on Thursday. FILE PHOTO: Chinese and U.S. flags are set up for a meeting during a visit by U.S. Secretary of Transportation... Read More

Data ‘R’ Us: Alibaba, JD.com seek to lock in merchant loyalty with new services

Data ‘R’ Us: Alibaba, JD.com seek to lock in merchant loyalty with new services
BEIJING/HANGZHOU, China (Reuters) – In China, the sales maxim of ‘know your customer’ is being taken to new lengths. A woman enters a JD.com’s unmanned store with facial recognition technology, by scanning QR code with her phone on a detection machine at the store entrance in Xian, Shaanxi province, China March 3, 2018. Picture taken March 3, 2018. REUTERS/Stringer One... Read More