SINGAPORE (Reuters) – U.S streaming giant Netflix is ramping up its mobile-only subscription plans in Southeast Asia and expanding local content, senior executives told Reuters, just as arch-rival Disney arrives in the fast-growing market. The world’s biggest ... More »
BOSTON (Reuters) – Investor Fredric Zaino, who spent 15 years at hedge fund Millennium Management, has launched his own firm and plans to invest in micro-, small- and mid-cap public and private companies focusing on biotech, real estate and consumer products. ... More »
DUBAI (Reuters) – Abu Dhabi state defence and security entity Tawazun is to build a satellite assembly, integration and testing centre with Airbus in the United Arab Emirates’ oasis city of Al Ain, state news agency WAM reported on Wednesday. The centre also i... More »
MOSCOW (Reuters) – Russia has signed deals to supply South Africa and seven Latin American countries with an anti-viral drug Russian authorities have approved to treat COVID-19, its sovereign wealth fund said on Monday. The Russian Direct Investment Fund (RDIF... More »
FRANKFURT (Reuters) – BMW (BMWG.DE) will offer a fully electric 5-series as part of sweeping product overhaul unveiled on Monday as the German carmaker seeks to lower vehicle emissions during production and on the road. “In ten years, the goal is to have a tot... More »
DUBAI (Reuters) – The United Arab Emirates has postponed the launch of its mission to Mars for a second time due to weather conditions at the launch site in Japan, the government’s communications office said on Wednesday. A new launch date in July will be anno... More »
WASHINGTON (Reuters) – NASA administrator Jim Bridenstine said Tuesday he still expected support from Russia’s space corporation in its Artemis moon program despite Moscow’s space chief slamming the U.S.-led lunar effort. Bridenstine said in an interview with ... More »
NEW DELHI (Reuters) – India’s Reliance Industries said on Sunday Qualcomm Inc’s investment arm will buy a 0.15% stake in its digital unit Jio Platforms for 7.3 billion rupees ($97.1 million). The partnership will help Jio Platforms, the unit that houses Relian... More »
(Reuters) – Ride-sharing company Uber Technologies Inc has agreed on a deal to buy food-delivery app Postmates Inc in a $2.65 billion all-stock agreement, Bloomberg News reported bloom.bg/2Z0TVcd late Sunday, citing people familiar with the matter. The deal ha... More »
PARIS (Reuters) – The head of the French cybersecurity agency ANSSI said there would not be a total ban on using equipment from Huawei in the rollout of the French 5G telecoms network, but that it was pushing French telcos to avoid switching to the Chinese com... More »
TEL AVIV/ZURICH (Reuters) – Israeli start-up Redefine Meat plans to launch 3D printers to produce plant-based steaks mimicking real beef next year in a bid for a slice of the fast-growing alternative meat market. Meat substitutes are increasingly popular with ... More »
(Reuters) – Relativity Space has signed a contract with Iridium to launch six spare satellites for its communications network, the venture-backed rocket firm’s chief executive said, clinching a key satellite customer for its upcoming 3D-printed rocket. The Iri... More »
SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) on Monday will hold its annual conference for software developers, rolling out new features in its operating systems for iPhones and iPads and possibly signaling a departure from Intel Corp’s (INTC.O) almost 15-year... More »
BEIJING (Reuters) – China indefinitely postponed on Tuesday the launch of the final satellite of its Beidou navigation network because of technical problems in the rocket meant to launch it into orbit. The official website for the Beidou network said in a stat... More »
(Reuters) – The U.S. Food and Drug Administration on Monday cleared a new version of Abbott Laboratories’ continuous glucose monitoring device, helping the company build upon the success of its fastest-growing diabetes product. FreeStyle Libre 2, which was app... More »
(Reuters) – Honeywell International Inc, a major supplier of aerospace products, said Monday it launched an unmanned aerial systems business to bet on the autonomous aviation space – drones, air taxis, and unmanned cargo delivery vehicles. Stéphane Fymat, the ... More »
HONG KONG (Reuters) – Chinese gaming giant NetEase on Monday announced a strategic partnership with Warner Bros Interactive Entertainment to develop a new “Lord of the Rings” mobile game, bolstering its pipeline following its secondary listing in Hong Kong. Th... More »
FRANKFURT (Reuters) – Worldwide electric car registrations are set to fall 18% this year, but those of combustion engine cars are set to drop even faster, analysts BloombergNEF (BNEF) said on Tuesday, as the automotive sector is hammered by the coronavirus cri... More »
BEIJING (Reuters) – China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States. China’s fi... More »
ZURICH (Reuters) – Germany could only allow coronavirus antibody tests to help determine how freely people can move once it has advice from its ethics council, Health Minister Jens Spahn said, after securing millions of the tests from Swiss drugmaker Roche. Ge... More »
JOHANNESBURG (Reuters) – Mobile operator Vodacom Group said on Monday it had switched on Africa’s first live 5G mobile network in three cities in South Africa, with further rollouts planned in other parts of the country. Vodacom was recently assigned temporary... More »
CHAMBLON, Switzerland (Reuters) – In the battle against coronavirus, Swiss soldiers are using smartphones to test a new contact tracing application that could prevent infections while also protecting users’ privacy. Switzerland hopes to launch the app on May 1... More »
(Reuters) – Moderna Inc and Swiss contract drugmaker Lonza Group AG said on Friday they would accelerate the manufacturing of the U.S. drug developer’s potential coronavirus vaccine. The announcement comes at a time when drugmakers are pausing clinical trials ... More »
PARIS (Reuters) – Healthcare and clinical diagnostics company Novacyt has signed a supply contract with the UK’s Department of Health & Social Care (DHSC) for its product aimed at testing for the presence of the coronavirus, the company said on Monday. Under t... More »
BERLIN (Reuters) – Germany changed course on Sunday over which type of smartphone technology it wanted to use to trace coronavirus infections, backing an approach supported by Apple and Google along with a growing number of other European countries. Countries ... More »
SAN FRANCISCO (Reuters) – U.S. states promoting apps that could prove essential to ending the coronavirus lockdown may be headed for a showdown with the two Silicon Valley companies that control key software on 99% of smartphones over the collection of sensiti... More »
(Reuters) – AT&T Inc. announced on Tuesday that it will make its HBO Max streaming service free to some customers when it launches on May 27. The HBO Max app will be pre-loaded on the AT&T TV set top box. HBO Max will also be included with the AT&T Internet 10... More »
(Reuters) – Apple Inc (AAPL.O) on Tuesday said it would expand its App Store, Apple Music and other services to dozens of new markets in Africa, the Middle East and beyond in the biggest geographical expansion of its services in almost a decade. Apple said it ... More »
BERLIN (Reuters) – A rift has opened up over the design of smartphone apps to trace people in Europe at risk of coronavirus infection, potentially hindering efforts to curb the pandemic and ease crippling travel restrictions. Scientists and researchers from mo... More »
(Reuters) – Apple Inc (AAPL.O) and Alphabet Inc’s (GOOGL.O) Google said on Friday that they will work together to create contact tracing technology that aims to slow the spread of the coronavirus by allowing users to opt into logging other phones they have bee... More »
NEW YORK (Reuters) – Engineers at Tesla Inc (TSLA.O) showed a prototype for a ventilator on Sunday evening in a video published on the company’s YouTube channel, as hospitals around the country overwhelmed by coronavirus patients face device shortages. The des... More »
SEOUL (Reuters) – The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics’ memory chips from laptop makers and data centres, but first-quarter profits are likely to remain flat as the outbreak weakened con... More »
LONDON (Reuters) – A new version of a breathing aid that can help coronavirus patients has been developed in less a week by a team involving Mercedes Formula One, and is being trialed at London hospitals. Continuous Positive Airway Pressure (CPAP) devices have... More »
WASHINGTON (Reuters) – President Donald Trump, who excoriated General Motors Co on Friday and invoked emergency powers to compel the production of badly needed ventilators to tackle the coronavirus pandemic, has abruptly shifted gears to praise the automaker. ... More »
(Reuters) – Amazon.com Inc is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage, according to an internal document reviewed by Reuters. This move, known as labor sharing, ... More »
(Reuters) – Apple Inc and the White House said on Friday that the iPhone maker worked with the Trump administration and federal agencies to release an app and website that will direct users to guidance from the Centers for Disease Control on the disease caused... More »
(Reuters) – Drugs used for treating arthritis are being tested as treatments for COVID-19, the disease caused by a new coronavirus, as researchers rush to find ways of helping patients and slowing the number of infections. Sanofi and Regeneron Pharmaceuticals ... More »
NEW YORK/WASHINGTON (Reuters) – Trump administration officials have rescheduled for March 11 a critical meeting to discuss potential new U.S. restrictions on sales of technology to Huawei and China, people familiar with the matter said. The cabinet-level meeti... More »
CHICAGO (Reuters) – Cargill Inc will launch plant-based hamburger patties and ground “fake meat” products in April, the company said on Monday, challenging Beyond Meat and Impossible Foods for sales in grocery stores, cafeterias and restaurants. The entry of C... More »
SAN FRANCISCO (Reuters) – Facebook’s former sustainability chief has launched an organization to help employees at big companies press their bosses for more aggressive policies to fight climate change. Hundreds of companies have committed to reducing emissions... More »
TEL AVIV (Reuters) – Israeli defense firm Elbit Systems Ltd (ESLT.TA) said on Monday it won contracts worth $136 million to provide customers in Asia-Pacific with airborne laser direct infrared countermeasure (DIRCM) systems. These systems are designed to prot... More »
MOSCOW (Reuters) – The UK firm OneWeb launched 34 satellites from Baikonur cosmodrome in Kazakhstan early on Friday as part of its effort to provide global high-speed internet access using satellite communications by 2021. The Russian Soyuz rocket left Baikonu... More »
SHANGHAI (Reuters) – Some technology firms in China have maintained operations to manufacture parts and products despite government calls in various cities and provinces for companies to halt work to help stop the spread of a new coronavirus. Chinese telecom g... More »
TOKYO (Reuters) – Toyota Motor Corp (7203.T) and Panasonic Corp (6752.T) have agreed to set up a joint venture that will begin developing electric vehicle (EV) batteries from April, as the Japanese companies gear up for an expected surge in demand. The new com... More »
TOKYO (Reuters) – Toyota Motor Corp unveiled an emergency safety system on Monday that uses big data to ignore the accelerator if it determines the driver steps on the pedal unintentionally. Japan’s biggest car maker will roll out what it calls an “accelerator... More »
SEOUL/BANGALORE (Reuters) – South Korean flat screen maker Samsung Display plans to set up a factory in India with a $500 million investment as parent Samsung Electronics Co Ltd seeks to expand smartphone production there, a regulatory filing showed. The move ... More »
SEOUL (Reuters) – Samsung Electronics Co Ltd on Monday named its youngest president as its new smartphone chief as the firm seeks to defend its lead in the handset market from rising challenges from rivals such as Huawei Technologies Co Ltd. The South Korean f... More »
SHANGHAI (Reuters) – Ford Motor Co’s (F.N) China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehic... More »
AUSTIN, Texas (Reuters) – Apple Inc APPL.O is trying to change the way electronics are recycled with a robot that disassembles its iPhone so that minerals can be recovered and reused, while acknowledging rising global demand for electronics means new mines wil... More »
LONDON (Reuters) – A new type of therapy using feces and fake rubber hands may be able to help patients with obsessive compulsive disorder (OCD) overcome their fears of touching contaminated surfaces, according to new research. “OCD can be an extremely debilit... More »
BEIJING/SHANGHAI (Reuters) – China’s FAW Group [SASACJ.UL] aims to double its annual sales of Chairman Mao Zedong’s carmaker of choice, Hongqi, or Red Flag, to 200,000 units this year and grow them further to 1 million cars in the next decade, its chairman Xu ... More »
(Reuters) – Japan-based drugmaker Eisai Co’s U.S. subsidiary announced on Sunday that it had received approval from the U.S. Food and Drug Administration for its insomnia treatment in adult patients. The agency approved the drug, Dayvigo, in doses of 5 mg and ... More »
JERUSALEM (Reuters) – Israel’s IceCure Medical said on Sunday it received U.S. regulatory approval to expand the use of its cryoablation technology to treat benign and cancerous tumors in livers and kidneys, sending its share price up 30%. IceCure’s treatment ... More »
BOGOTA (Reuters) – Colombia has awarded bandwidth to three bidders in an auction that raised 5 trillion pesos ($1.5 billion) as part of efforts to improve mobile telephone services and expand internet access. Claro, a subsidiary of America Movil, Tigo de Milli... More »
(Reuters) – GlaxoSmithKline’s HIV drugs division ViiV Healthcare said on Saturday that the U.S. Food and Drug Administration declined to approve its long acting HIV injection. ViiV, in which Pfizer and Shionogi have small stakes, said it received a so-called c... More »
TEL AVIV (Reuters) – Israeli defense electronics firm Elbit Systems said on Wednesday its nanosatellite, called Nanova, was successfully launched into space. Nanova was developed in collaboration with an unnamed U.S. company and is planned to be a part of a na... More »
BEIJING/SINGAPORE (Reuters) – China and the United States have agreed terms of a “phase one” trade deal under which Washington reduced some tariffs and Beijing canceled retaliatory duties that were previously scheduled to take effect on Dec. 15. Before Sunday’... More »
PARIS (Reuters) – Walt Disney Co (DIS.N) will launch its Disney+ streaming service on Vivendi SA’s (VIV.PA) pay-TV business Canal+ platform by the end of March next year, executives of the two groups said in a joint interview released in the daily Les Echos on... More »
SHANGHAI/SHENZHEN, China (Reuters) – Chinese tech giant Huawei Technologies [HWT.UL] plans to equip more of its products with its Harmony operating system (OS) next year, and will promote them at home and abroad, a Huawei spokesman said on Monday. But there ar... More »
WASHINGTON (Reuters) – The U.S. consumer watchdog on Tuesday proposed making permanent an exemption that allows certain banks and credit unions to estimate the international remittance fees they charge consumers in instances when it may be too expensive for th... More »
WASHINGTON (Reuters) – The U.S. government may expand its power to stop more foreign shipments of products with U.S. technology to China’s Huawei, amid frustration the company’s blacklisting has failed to cut off supplies to the world’s largest telecoms equipm... More »
(This Nov. 23rd story corrects fiscal year of expected regulatory approval in the 10th paragraph to March-end 2021, not March-end 2020) By Rocky Swift (Reuters) – Japan’s biggest drugmaker, Takeda Pharmaceutical Co Ltd, said long-term data show better outcomes... More »
(This November 16 story has been refiled to correct the number in the headline) By Kanishka Singh (Reuters) – Japan’s Nissan Motor Co Ltd (7201.T) has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a ... More »
LOS ANGELES (Reuters) – The Mustang Mach E electric sport utility vehicle Ford Motor Co (F.N) unveiled in Los Angeles on Sunday is more than another car for the storied automaker. The Mach E has become within Ford a high-profile test for a restructuring that h... More »
SEOUL (Reuters) – Samsung’s plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it’s a strategy fraught with risks, people with familiar with the move said. Samsung El... More »
ISLAMABAD, Pakistan (Reuters) – Swvl, an Egyptian startup with an app to book bus tickets, plans to launch operations in the Philippines, Indonesia and Bangladesh by the end of next year, a senior official said. The startup, which operates buses along fixed ro... More »
SEOUL (Reuters) – The South Korean Army has banned the use and possession of liquid e-cigarettes on its bases for health reasons, the military said on Monday, following a government warning for people to stop using the devices. South Korea has a large military... More »
BEIJING (Reuters) – China has granted conditional approval to its first self-developed treatment for Alzheimer’s disease, a move that may point to revived opportunities in a therapeutic area where drugmakers have burned billions of dollars without yielding a v... More »
NEW YORK (Reuters) – The U.S. Food and Drug Administration on Friday downplayed the risk caused by contamination of the already recalled popular heartburn drug Zantac, and said its tests suggest it does not cause carcinogens to form after ingestion by patients... More »
(This October 28 story corrects to remove erroneous reference in paragraph 6 to regulations preventing the use of autonomous trucks) DETROIT (Reuters) – Waymo Chief Executive John Krafcik said the self-driving vehicle company is now offering limited “rider-onl... More »
LOS ANGELES (Reuters) – Apple Inc (AAPL.O) unveils its streaming entertainment service, Apple TV+, in more than 100 markets on Friday. The offering will be free for a year for anyone who buys any new iPhone, iPad, Apple TV, Mac or iPod touch. The cost for othe... More »
WUZHEN, China (Reuters) – Chinese smartphone maker Xiaomi Corp plans to launch more than 10 5G phones in 2020, CEO Lei Jun said on Sunday, speaking at the World Internet conference in the eastern Chinese town of Wuzhen. Lei’s remarks come as the company faces ... More »
(Reuters) – Johnson & Johnson said on Friday it is recalling around 33,000 bottles of baby powder in the United States after U.S. health regulators found trace amounts of asbestos in samples taken from a bottle purchased online. J&J shares fell more than 6% to... More »
LONDON (Reuters) – British street artist Banksy is selling a Union Jack stab vest, riot helmet ‘disco balls’ and a ‘designer handbag’ made from a brick to randomly selected buyers who can answer the question: “Why does art matter?”. The works are offered in th... More »
SEOUL (Reuters) – Hyundai Motor Group said on Tuesday that it plans to invest 41 trillion won ($34.65 billion) in mobility technology and strategic investments by 2025, as South Korea’s top automaker accelerates its attempts to catch up in the self-driving car... More »
FRANKFURT (Reuters) – Volvo Cars will merge its engine development and manufacturing assets with those of parent Geely, creating a division to supply in-house brands Lotus, LEVC, Lynk and Proton, and also potential rivals with next-generation combustion and hy... More »
JERUSALEM (Reuters) – Accelmed, a U.S.-Israel group of funds investing in medical device and digital health companies, said on Monday it was establishing a new fund with the aim of raising and managing $100 million. The Accelmed Ventures II fund will invest in... More »
STOCKHOLM (Reuters) – Swedish power group Vattenfall has won an order from Norway’s biggest dairy group Tine SA to run 200 charging stations for employees’ and customers’ electric vehicles. The state-owned utility said on Sunday the order, which includes payme... More »
DHAKA (Reuters) – Bangladesh’s drug regulatory authority on Sunday issued a ban on sales of popular heartburn drug ranitidine while it investigates a potential cancer-causing substance in the drug. The move comes after the U.S. Food and Drug Administration (FD... More »
(Reuters) – People should stop using e-cigarettes, especially those with marijuana ingredient tetrahydrocannabinol (THC), U.S. public health officials recommended on Friday, as an investigation into illnesses and deaths related to vaping deepens. E-cigarettes ... More »
MEXICO CITY (Reuters) – America Movil, the telecoms giant controlled by the family of billionaire Carlos Slim, is growing increasingly bullish that it will receive a license to offer television in Mexico, a prize that has eluded it for nearly three decades. Am... More »
(Reuters) – Apple Inc plans to give its feature-length film productions extended theatrical releases before making them available on its streaming TV service, the Wall Street Journal reported on Friday. Citing people familiar with the matter, the Journal said ... More »
(Reuters) – A U.S. Food and Drug Administration advisory panel on Friday recommended approving the first therapy for peanut allergies, which affect over 1.6 million children in the United States, despite raising concerns about the risk of severe allergic react... More »
(Reuters) – U.S. and European drug regulators said on Friday they are reviewing the safety of the widely taken heartburn drug ranitidine, commonly known by the brand name Zantac, after they found traces of a probable cancer-causing impurity in some versions of... More »
HANGZHOU, China/SEOUL (Reuters) – Apple Inc’s (AAPL.O) new, lower priced iPhone that comes with a faster processor but lacks 5G technology disappointed Asia, where cheaper and feature-packed handsets from rivals are already available. The iPhone 11, launched o... More »
TOKYO (Reuters) – Japan said it halted a resupply mission to the International Space Station (ISS) on Wednesday because of a launch pad fire that grounded the rocket. A fire at the base of the of the launch pad Japan’s Tanegashima island broke out near a vent ... More »
CUPERTINO, Calif. (Reuters) – Apple Inc (AAPL.O) caught up with hardware rivals on Tuesday by revealing a triple-camera iPhone, and it rolled out a streaming TV service priced at $5 a month, undercutting Disney and Netflix. The announcements came at the compan... More »
NEW YORK/PARIS (Reuters) – Luxury brands and retailers are increasingly collaborating with celebrities, including style bloggers and Instagram stars, to help design collections and jazz up their wares. The latest example of this is Rihanna, who is set to stage... More »
(Reuters) – A Kansas resident was the sixth person to die in the United States of a mysterious respiratory illness related to vaping, state officials said on Tuesday, as public health officials scrambled to understand a nationwide health problem. “It is time t... More »
SHANGHAI (Reuters) – Contract chipmaker GlobalFoundries has sued larger rival Taiwan Semiconductor Manufacturing Co (TSMC) for patent infringement, seeking to stop the defendant’s customers including Apple from importing affected products to the United States ... More »
MOSCOW (Reuters) – China’s Huawei has begun talks with Russia about installing Russian operating system (OS) Aurora on 360,000 of its tablets to conduct Russia’s population census next year, two sources told Reuters. Huawei has been seeking alternative operati... More »
MORRISTOWN, New Jersey (Reuters) – U.S. President Donald Trump on Sunday said he did not want the United States to do business with China’s Huawei even as the administration weighs whether to extend a grace period for the company. Reuters and other media outle... More »
SINGAPORE (Reuters) – Royal Dutch Shell is launching electric vehicle chargers at petrol stations in Singapore, its first such foray in Southeast Asia, the company said on Monday. The electric vehicle charging service, ‘Shell Recharge’, will be available at 10... More »
SINGAPORE/WASHINGTON (Reuters) – The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with t... More »
BEIJING/HONG KONG (Reuters) – Segway-Ninebot Group, a Beijing-based electric scooter maker, on Friday unveiled a scooter that can return itself to charging stations without a driver, a potential boon for the burgeoning scooter-sharing industry. Ninebot said Ub... More »
TORONTO (Reuters) – The Canadian government announced final regulations on Friday that should cut billions of dollars from patented drug prices that are among the highest in the world, overcoming heavy opposition from pharmaceutical companies who may eventuall... More »
SAO PAULO (Reuters) – Huawei Technologies Co Ltd plans to build an $800 million plant in Brazil’s Sao Paulo state over the next three years, the governor said, as the Chinese tech giant ramps up its Latin American presence against U.S. objections. On a trip to... More »
DONGGUAN, China/HONG KONG (Reuters) – Huawei Technologies unveiled on Friday its proprietary operating system for smartphones and other devices, as U.S. trade restrictions imposed in May threaten to cut the Chinese firm’s access to U.S. technologies such as An... More »
(Reuters) – Small-satellite launch firm Rocket Lab announced on Tuesday a plan to recover the core booster of its Electron rocket using a helicopter, a bold cost-saving concept that, if successful, would make it the second company after Elon Musk’s SpaceX to r... More »
(Reuters) – The U.S. Food and Drug Administration on Friday approved Daiichi Sankyo Co Ltd’s treatment for adult patients with a type of rare, non-cancerous tumor affecting joints and limbs. The label for the treatment, Turalio, includes a boxed warning flaggi... More »
