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Reuters: Business News

Qualcomm to meet China regulators in push to clear $44 billion NXP deal: sources
BEIJING (Reuters) - Qualcomm Inc is expecting to meet this week in Beijing with China's antitrust regulators in a final push to secure clearance for its proposed $44 billion acquisition of NXP Semiconductors NV , three sources told Reuters.


POSTED MAY 27, 2018 5:33 AM
Tencent chairman pledges to advance China chip industry after ZTE 'wake-up' call: reports
HONG KONG (Reuters) - Tencent Holdings chairman pledged to advance China's semiconductor industry, saying the blow to ZTE Corp from Washington's ban on U.S. firms supplying telecommunications company was a "wake-up" call, local media reported.


POSTED MAY 27, 2018 1:33 AM
Bombardier launches longer-range variants of Global business jets
MONTREAL (Reuters) - Canada's Bombardier Inc on Sunday announced two new longer-range variants of its existing large-cabin Global business jets, which the company expects to generate higher revenues during a time of recovering appetite for corporate planes.


POSTED MAY 27, 2018 2:10 PM
As clock ticks, doubts grow over Kinder Morgan's Canada oil pipe expansion
VANCOUVER/WINNIPEG, Manitoba (Reuters) - As a hard deadline set by Kinder Morgan Canada Ltd for scrapping a key pipeline expansion looms, there is growing doubt among investors, contractors and government officials about reaching a deal to save the C$7.4 billion ($5.7 billion) project.


POSTED MAY 27, 2018 2:47 PM
Oil output could return to October 2016 level, says Russia's Novak
MOSCOW (Reuters) - A return to the oil production levels that were in place in October 2016, baseline for the current deal to cut output, is one of the options for easing curbs, Russia's energy minister said on Saturday.


POSTED MAY 26, 2018 2:22 PM
Exclusive: Tesla flies in new battery production line for Gigafactory
FRANKFURT/SAN FRANCISCO (Reuters) - Tesla Inc has flown six planes full of robots and equipment from Europe to California in an unusual, high-stakes effort to speed up battery production for its Model 3 electric sedan, people familiar with the matter told Reuters this week.


POSTED MAY 25, 2018 5:18 PM
T-Mobile says ex-Trump campaign manager advising on Sprint merger
WASHINGTON (Reuters) - T-Mobile US said it is getting advice on its proposed $26 billion merger with Sprint Corp from a lobbying firm whose staff includes several members of President Donald Trump's election team such as former campaign manager Corey Lewandowski.


POSTED MAY 25, 2018 4:16 PM
U.S. jury fails to reach verdict in latest J&J talc trial
NEW YORK (Reuters) - A South Carolina jury on Friday could not agree on a verdict in a case of a woman whose family said her long-term use of Johnson & Johnson's Baby Powder led to her death from asbestos-related cancer, resulting in a mistrial.


POSTED MAY 25, 2018 7:22 PM
Daimler faces scrutiny of 120,000 Vito, C-Class diesels: BamS
FRANKFURT (Reuters) - Daimler faces an investigation of 40,000 diesel Vito vans and 80,000 C-Class model cars for possible illicit software that allowed the vehicles to emit excess pollution without detection, Bild am Sonntag reported, citing no sources.


POSTED MAY 26, 2018 6:27 PM
Miner Grupo Mexico blames freight train derailments on 'sabotage'
MEXICO CITY (Reuters) - Mexican miner and infrastructure firm Grupo Mexico on Friday said in a statement that seven freight train derailments were due to "sabotage" and would cost the company 312 million pesos ($16 million).


POSTED MAY 26, 2018 1:51 AM

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