Industry

U.S. firms' optimism on China ebbs, wary of local rivals: survey

U.S. companies are increasingly less optimistic about the business outlook in China, and see growing competition from local rivals who get preferential treatment as a key challenge, a survey showed on Friday.


Takata regional U.S. air bag recalls may include GM vehicles

The safety recall in parts of the United States of millions of vehicles with potentially defective air bags made by Japan's Takata Corp (7312.T) may expand to include General Motors Co (GM.N), according to documents filed this week with U.S. regulators.

China lets foreign institutions invest more in its markets in third quarter

China boosted the quotas it gives foreign institutions to invest in domestic securities by the largest amount in the third quarter since the final quarter of 2012 and regulators may also raise the limit on a parallel yuan-denominated program.

Hackers exploit 'Shellshock' bug with worms in early attacks

Hackers have begun exploiting the newly identified "Shellshock" computer bug, using fast-moving worm viruses to scan for vulnerable systems and then infect them, researchers warned on Thursday.


Latest News

BlackBerry Ltd's launch of its square-screened Passport device may have grabbed headlines this week, but it was the tech company's lower-profile roll out of the new Blend feature that appears to be garnering the plaudits.
China's steel consumption dropped this year for the first time since at least 2000 due to slower economic growth, leading to a surplus of iron ore in the country and a more than 40 percent plunge in prices of the steelmaking raw material.
Hedge fund ValueAct Capital said on Thursday it would return to the board of directors of Valeant Pharmaceuticals International Inc, which is pursuing a hostile takeover offer for Allergan Inc, and that it planned to increase its stake in the company.
In a boost to U.S. weapons makers looking for ways to offset lower domestic military spending, India is expected to choose Sikorsky Aircraft's S-70B Sea Hawk helicopters at a 16-aircraft tender worth over $1 billion.
French oil company Total SA (TOTF.PA) is looking to sell its 17 percent stake in the Gulf of Mexico's Tahiti oil field, which could fetch between $1.5 billion and $2 billion in a deal, according to people familiar with the matter.
European data privacy regulators on Thursday handed Google a package of guidelines to help it bring the way it collects and stores user data in line with EU law after six regulators opened investigations into the internet giant.
Japan's legions of retail foreign-exchange traders, popularly known as Mrs Watanabe, are turning into sellers of yen.
New orders for capital goods by U.S. businesses rebounded in August, pointing to underlying strength in the economy. The economic outlook also got a lift from other data on Thursday showing only a marginal increase in the number of people filing new claims for unemployment benefits last week.
Chrysler Group LLC, a unit of Fiat SpA (FIA.MI), said it will recall about 350,000 vehicles from the 2008 model year because of a condition that may cause the ignition key to get stuck or inadvertently move.
U.S. stocks ended with sharp losses on Thursday, with the S&P 500 suffering its biggest one-day decline since July, as Apple tumbled and the dollar rose to a four-year high.