Business News

MIDEAST STOCKS-Trade concerns weigh on Dubai DP World; Orascom Investment shines in Egypt

Reuters Company News - Mon, 09/24/2018 - 08:55
* Egyptian Resorts Co, Orascom Invstment Holding surge in Egypt
Categories: Business News

RPT-GRAPHIC-Fed hikes give cash appeal; stocks no longer only game in town

Reuters Company News - Mon, 09/24/2018 - 08:51
The U.S. Federal Reserve's anticipated interest rate hike this week will make cash the most attractive it has been in about a decade and end the era of stocks as the only game in town.
Categories: Business News

Symantec ends accounting probe without major revision to results

Reuters Biz News - Mon, 09/24/2018 - 08:37
Symantec Corp said on Monday that it would not restate previous financial results except for a specific $13 million transaction, following a four-month long probe into the Norton anti-virus maker's accounting practices, sending its shares up about 4 percent.
Categories: Business News

European markets dip as trade war pessimism weighs again

Reuters Biz News - Mon, 09/24/2018 - 08:36
European stock markets traded in negative territory on Monday as fears of an escalating trade row between the United States and China spread from Asian markets, while oil rallied after OPEC ignored U.S. calls to raise global supply.
Categories: Business News

Iran says oil to rise as Saudi, Russia do 'little and late'

Reuters Biz News - Mon, 09/24/2018 - 08:34
Saudi Arabia and Russia won't add significantly more oil to the market because of a lack of capacity, a top Iranian official said on Monday, predicting prices will probably rise further.
Categories: Business News

'Maniac' Is the Most Netflix-y Netflix Show Yet. In a Bad Way

Wired RSS Feed - Mon, 09/24/2018 - 08:00
This is what happens when a prestige- and pedigree-obsessed creative strategy overrides all functionality.
Categories: Business News

Canon PowerShot G7 X Mark II Review: Our Favorite Point-and-Shoot

Wired RSS Feed - Mon, 09/24/2018 - 08:00
Pocketable and powerful, this compact Canon is mightier than it may seem.
Categories: Business News

Democrats Are Busting Their 2016 Mobile Canvassing Records

Wired RSS Feed - Mon, 09/24/2018 - 08:00
With six weeks to go until Election Day, more volunteers have already logged on to the party’s canvassing app than in any other election.
Categories: Business News

Gold Giant Barrick Agrees to Buy Rival Randgold for $6 Billion

WSJ Company News feed - Mon, 09/24/2018 - 07:34
Barrick Gold agreed to buy Randgold Resources for $6 billion in an all-share merger that will solidify Barrick as the world’s largest gold company by production, with a dominant position in Africa.
Categories: Business News

Making Sense of Amazon's Alexa Spaghetti Strategy - Bloomberg

Google Technology - Mon, 09/24/2018 - 07:15

Bloomberg

Making Sense of Amazon's Alexa Spaghetti Strategy
Bloomberg
Last week, in the span of about an hour, Amazon.com Inc. introduced 70 new devices and services to an inundated tech press at its Seattle headquarters. There were new Echoes, an Alexa-equipped subwoofer, a DVR, Alexa for the car—even a microwave.
Skype calls are coming to an Amazon Echo near youThe INQUIRER
From Echo Auto to Alexa: Hits and misses from Amazon's new product revealPhys.Org
Hands On With Amazon's New Echo Dot, Plus, Input, and MorePCMag Middle East (press release) (blog)
The Car Connection -Windows Central -euronews
all 49 news articles »
Categories: Business News

Volvo halts Iran truck assembly due to U.S. sanctions

Reuters Biz News - Mon, 09/24/2018 - 07:12
Swedish truckmaker AB Volvo has stopped assembling trucks in Iran because U.S. sanctions are preventing it from being paid, a spokesman for the company said on Monday.
Categories: Business News

UPDATE 1-Canada's Empire Co to acquire Farm Boy in C$800 mln deal

Reuters Company News - Mon, 09/24/2018 - 07:11
Canadian food retailer Empire Co Ltd said on Monday it would acquire privately held grocer Farm Boy Inc for an enterprise value of C$800 million ($618 million) to increase its presence in Ontario.
Categories: Business News

UPDATE 2-Volvo halts Iran truck assembly due to U.S. sanctions

Reuters Company News - Mon, 09/24/2018 - 07:08
* Follows other truck makers in Iran pull-back (Adds details, background)
Categories: Business News

Deals of the day-Mergers and acquisitions

Reuters Company News - Mon, 09/24/2018 - 07:07
The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Monday:
Categories: Business News

SiriusXM to buy Pandora in $3.5 bln deal

Reuters Company News - Mon, 09/24/2018 - 07:07
Sirius XM Holdings Inc said on Monday it will buy music streaming service Pandora Media Inc in an all-stock deal valued at about $3.5 billion.
Categories: Business News

EU mergers and takeovers (Sept 24)

Reuters Company News - Mon, 09/24/2018 - 07:04
The following are mergers under review by the European Commission and a brief guide to the EU merger process:
Categories: Business News

A close-up of Wall Street's new S&P 500 communication services sector

Reuters Biz News - Mon, 09/24/2018 - 07:04
The new S&P 500 communication services sector, which includes such high-profile names as Facebook , Alphabet and Netflix , is set to debut on Monday, as part of the largest-ever overhaul of Wall Street's broad business sectors.
Categories: Business News

'Netflix for Open Source' Wants Developers to Get Paid

Wired RSS Feed - Mon, 09/24/2018 - 07:00
Startup Tidelift hopes payments will let coders keep projects patched and up to date.
Categories: Business News

The Series 5 YubiKey Will Help Kill the Password

Wired RSS Feed - Mon, 09/24/2018 - 07:00
The latest batch of hardware-based tokens from Yubico will eventually let you skip the password altogether.
Categories: Business News

A close-up of Wall St's new S&P 500 communication services sector

Reuters Company News - Mon, 09/24/2018 - 07:00
The new S&P 500 communication services sector, which includes such high-profile names as Facebook, Alphabet and Netflix, is set to debut on Monday, as part of the largest-ever overhaul of Wall Street's broad business sectors.
Categories: Business News

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