| | Bangladesh Bank heist was 'state-sponsored': U.S. official | | MANILA (Reuters) - The heist of $81 million from the Bangladesh central bank's account at the New York Federal Reserve last year was "state-sponsored," an FBI officer in the Philippines, who has been involved in the investigations, said on Wednesday. | | | | BlackRock cuts fees and jobs; stockpicking goes high-tech | | NEW YORK (Reuters) - BlackRock Inc on Tuesday said it would overhaul its actively managed equities business, cutting jobs, dropping fees and relying more on computers to pick stocks in a move that highlights how difficult it has become for humans to beat the market. | | | | Tesla deal boosts Chinese presence in U.S. auto tech | | DETROIT (Reuters) - China's Tencent Holdings Ltd has bought a 5 percent stake in U.S. electric car maker Tesla Inc for $1.78 billion, the latest investment by a Chinese internet company in the potentially lucrative market for self-driving vehicles and related services. | | | | With new phone due, Samsung dials down on safety message | | SEOUL (Reuters) - After the damaging recall of its fire-prone Note 7 smartphone, you could be forgiven for thinking Samsung Electronics Co Ltd would make a song and dance about battery safety in its new flagship phones, due to be launched in the United States on Wednesday. | | | | China telecom firm ZTE removed from U.S. trade blacklist | | WASHINGTON (Reuters) - The U.S. Department of Commerce will remove Chinese telecommunications equipment maker ZTE Corp from a trade blacklist on Wednesday after the company pleaded guilty to violating sanctions on Iran and agreed to pay nearly $900 million, the agency said in a notice. | | | | | | | | Related Video | | | | | | | | | Mediafile | | | | | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | A quick-fix on the day's news delivered when you want it. Register Today | | | | » » MORE NEWSLETTERS | | |