Daily Investor Update: Apple tells Congress it found no signs of hacking attack

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Apple tells Congress it found no signs of hacking attack

Apple Inc's top security officer told Congress on Sunday that it had found no sign of suspicious transmissions or other evidence that it had been penetrated in a sophisticated attack on its supply chain.

S&P 500 pares losses from China economic concerns

The S&P 500 was little changed on Monday as concerns mounted about the impact on China's economy from trade tensions between the United States and China.

Volkswagen furloughs workers in Brazil as demand from depressed Argentina weakens

Volkswagen's Brazil operation is putting workers on a 20-day furlough, the company said on Monday, citing reduced demand from Argentina, which is undergoing an economic crisis that has derailed growth and slashed spending power.

Global shares slide on China growth fears, dollar gains

A gauge of global equity markets fell on Monday amid unease over the impact of the escalating U.S.-Sino trade war on China's growth, while the dollar gained versus the euro and Italian bond yields spiked on a spat over Italy's budget plans.

Facebook debuts smart speaker for Messenger video calls

Facebook Inc on Monday released a smart speaker designed to ease video calls, but the company's history of privacy mishaps and the device's price and limited functionality could slow it from taking on market leaders Amazon.com Inc and Alphabet Inc's Google.

Volkswagen set to hire four banks for truck unit IPO: sources

Volkswagen is close to hiring Citigroup , Deutsche Bank , Goldman Sachs and JP Morgan to help with the potential stock market listing of its truck unit Traton, two people familiar with the matter told Reuters on Monday.

Alphabet shuts Google+ social site after user data exposed

Google will shut down the consumer version of its social network Google+ after announcing data from up to 500,000 users may have been exposed to external developers by a bug that was present for more than two years in its systems.

Former Tesco executives encouraged profit overstatement, misled stock market, court told

Two former senior executives of Tesco abused their positions to encourage practices that resulted in a 250 million pounds ($327 million) overstatement of expected profits and misled the stock market, a prosecutor told a London court on Monday.

Swiss bank UBS on trial in France over alleged tax fraud

Swiss bank UBS Group AG , its French unit and six executives faced charges of aggravated tax fraud and money laundering on Monday, the first day of a trial into allegations they helped wealthy clients avoid taxes in France.

Chickens and eggs: Retailer Carrefour adopts blockchain to track fresh produce

Europe's largest retailer Carrefour SA has adopted blockchain ledger technology to track and trace chicken, eggs and tomatoes as they travel from farms to stores, and will deploy it across all of its fresh product lines in coming years.

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