Tuesday 27 March 2018

Exclusive: OPEC, Russia consider 10-20 year oil alliance - Saudi Crown Prince

Exclusive: OPEC, Russia consider 10-20 year oil alliance - Saudi Crown Prince

NEW YORK (Reuters) - Saudi Arabia and Russia are working on a historic long-term pact that could extend controls over world crude supplies by major exporters for many years to come.

Wall Street ends lower as tech leads late selloff

Wall Street's major stock indexes fell on Tuesday, led by technology shares, which were weighed by concerns about regulation of social media and autonomous vehicles.

Appeals court revives Oracle's billion-dollar copyright claim against Google

(Reuters) - A U.S. appeals court on Tuesday resurrected a multi-billion dollar copyright case brought by Oracle Corp against Google.

Wall Street rethinks blockchain projects as euphoria meets reality

Wall Street has been much more excited about the system underpinning bitcoin than the cryptocurrency itself, but the global financial industry has not yet been able to do much with the technology known as blockchain.

Amazon targets French grocery market with Monoprix deal

PARIS (Reuters) - U.S. e-commerce giant Amazon has made further inroads into food retail in France as Casino's upmarket Monoprix chain became the first local retailer to agree to sell groceries via Amazon.

Akzo Nobel reshapes business with 10 billion euro sale

AMSTERDAM (Reuters) - Akzo Nobel will sell its chemicals business in a 10.1 billion euro ($12.6 billion) deal to buyers led by Carlyle Group, the maker of Dulux paints said on Tuesday, making good on a promise made as it fought off a takeover last year.

U.S. weighing emergency laws to prevent Chinese takeovers: Bloomberg

(Reuters) - The Trump administration is mulling a crackdown on Chinese investments in technologies that the U.S. considers sensitive by employing a law reserved for national emergencies, among other options, Bloomberg reported, citing people familiar with the matter.

Apple updates iPad lineup at Chicago education event

CHICAGO (Reuters) - Apple Inc on Tuesday kicked off an event in Chicago where it announced a new iPad that would work with its Apple Pencil accessory aimed at helping it grab more of the U.S. education market.

BMW faces U.S. class action lawsuit over emissions

FRANKFURT (Reuters) - German carmaker BMW faces a class-action lawsuit filed in a New Jersey court on Tuesday for alleged emissions cheating on diesel vehicles including its X5 and 330d models.

Takata whistleblowers to share $1.7 million award, lawyers say

(Reuters) - Three former Takata Corp employees will share an award of $1.7 million after they alerted authorities to the risks of deadly air bag inflators that led to the largest recall in automotive history.

Related Videos

EXCLUSIVE: Saudi, Russia working on long-term oil alliance

Saudi Arabia and Russia are working on a historic long-term pact that could extend controls over world crude supplies by major exporters for many years to come.

"Cheating" may have affected EU referendum result - Wylie

Cambridge Analytica whistleblower Christopher Wylie has told a UK parliamentary committee that he believes it "reasonable" to think the outcome of the Brexit vote was could have been altered by cheating. David Pollard reports.
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