Bhinneka News Online: Reuters Before the Bell: Office Depot and Alibaba team up to tap small and medium businesses

Monday, 4 March 2019

Reuters Before the Bell: Office Depot and Alibaba team up to tap small and medium businesses

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Monday, March 4, 2019

Office Depot and Alibaba team up to tap small and medium businesses

Office Depot on Monday teamed up with Alibaba Group Holdings Ltd to launch a co-branded e-commerce website, seeking to tap into the opportunities of selling to small and medium businesses in the United States.

Huawei CFO suing Canada over December arrest

The lawyers for Huawei Chief Financial Officer Meng Wanzhou are suing the Canadian government, its border agency and federal police, alleging their client was detained, searched and interrogated for three hours in violation of her constitutional rights.

World shares tick higher on U.S.-China trade deal optimism

Global shares rose on Monday amid growing optimism the United States and China will reach a trade agreement as soon as this month.

Qualcomm launches patent challenge to Apple ahead of antitrust case

Qualcomm Inc on Monday kicks off a patent challenge to Apple Inc, capping off a two-year legal strategy to put pressure on the iPhone maker before a major antitrust lawsuit between the two goes to trial in April.

Easier for China to face tariffs than bend to U.S. pressure

China will acknowledge concessions made in any trade deal with the United States for the sake of stabilizing shaky relations, but is unlikely to yield to demands it alter its economic model even if faced with continued tariffs, many trade experts believe.

Stock futures up on growing hopes of U.S.-China trade deal

U.S. stock futures edged higher on Monday on growing hopes that the United States and China would reach a trade deal as early as this month.

Dollar extends rising streak as investors hunt for yield

The dollar edged higher against its rivals on Monday on the back of widening weakness in the euro, with a broad low volatility environment encouraging hedge funds to add to bullish bets.

Volvo to limit car speeds in bid for zero deaths

Volvo Cars said on Monday it will introduce a 180 km per hour (112 mph) speed limiter on all new vehicles as the Swedish automaker seeks to burnish its safety credentials and meet a pledge to eliminate passenger fatalities by 2020.

Huawei said to be preparing to sue U.S. government: source

Chinese telecoms equipment company Huawei plans to announce a lawsuit against the United States government on Thursday on grounds related to a defense bill, a source with knowledge of the matter told Reuters.

U.S. seeks to cut dialysis costs with more home care versus clinics

The Trump administration is working on a new payment approach for treating kidney disease that favors lower cost care at home and transplants, a change that would upend a dialysis industry that provides care in thousands of clinics nationwide.