Bhinneka News Online: Reuters Business Today: March 28, 2017

Tuesday, 28 March 2017

Reuters Business Today: March 28, 2017

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Tuesday, March 28, 2017

Dollar steadies as markets look beyond Trump's policy stumble

LONDON (Reuters) - Stocks recovered while the dollar hovered above four-month lows on Tuesday as anxiety over Donald Trump's setback on healthcare reform gave way to tentative hopes for the U.S. president's planned stimulus policies.

Trump touts Ford investment in three Michigan plants

DETROIT/WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday touted an expected announcement from Ford Motor Co about investments and jobs at U.S. plants, saying the automaker would make a major investment in three Michigan facilities.

Chinese tech giant Tencent takes 5 percent stake in Tesla

(Reuters) - Tesla Inc said on Tuesday that Chinese tech giant Tencent Holdings Ltd has invested $1.78 billion in the electric carmaker for a 5 percent stake.

Exclusive: Citigroup to seek bids for Asia general insurance distribution deal - source

SINGAPORE (Reuters) - Citigroup Inc will seek bids from global insurers keen to sell general insurance products across the U.S. bank's Asia-Pacific markets, in a deal that could be worth at least $500 million, a source with knowledge of the matter told Reuters.

Facebook adds camera features, moving closer to Snapchat

SAN FRANCISCO (Reuters) - Facebook Inc is giving the camera a central place on its smartphone app for the first time, encouraging users to take more pictures and edit them with digital stickers that show the influence of camera-friendly rival Snapchat.

Trump to sign order sweeping away Obama-era climate policies

WASHINGTON (Reuters) - U.S. President Donald Trump will sign an executive order on Tuesday to undo a slew of Obama-era climate change regulations, a move meant to bolster domestic energy production and create jobs, but environmentalists say the order is dangerous and vow to challenge it in court.

Amazon clinches deal to buy Middle East online retailer Souq.com

DUBAI (Reuters) - Amazon.com has agreed to buy Middle East online retailer Souq.com, thwarting a last-minute bid by Dubai billionaire Mohamed Alabbar's Emaar Malls .

Akzo Nobel aims to soothe shareholders over PPG rejection

AMSTERDAM (Reuters) - Dutch paints maker Akzo Nobel said it will raise its financial targets and detail plans for its chemicals division next month, as it seeks to win over shareholders and avoid a takeover by U.S. rival PPG Industries .

Exclusive: China's HNA in talks to buy controlling stake in Forbes - sources

HONG KONG (Reuters) - Acquisitive Chinese conglomerate HNA Group is in talks to buy a controlling stake in the owner of the publisher of Forbes magazine, two sources with knowledge of the matter told Reuters.

AI to become main way banks interact with customers within three years: Accenture

LONDON (Reuters) - Artificial intelligence (AI) will become the primary way banks interact with their customers within the next three years, according to three quarters of bankers surveyed by consultancy Accenture in a new report.