Ride-hailing service Uber Technologies Inc said late on Wednesday it has struck a deal with China Yongda Automobiles Services Holdings Ltd, a Chinese luxury auto dealer, to provide discounts and financing for Uber drivers' cars.
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EU to tell Greece time, patience running out
Euro zone leaders will tell Greece on Thursday that time and patience are running out for its leftist-led government to implement agreed reforms to avert a looming cash crunch that could force it out of the single currency.
Sharp to ax more than 10 percent of Japanese workforce
Sharp Corp is cutting more than 10 percent of its Japanese workforce starting in April, according to a Nikkei report. The embattled electronics manufacturer will slash about 3,000 jobs through voluntary retirements and expects to book about 30 billion yen
T-Mobile takes aim at business market with new cellular plans
T-Mobile US Inc rolled out cellular and data plans for business customers, taking aim at a lucrative market segment long dominated by larger rivals AT&T Inc and Verizon Communications Inc.
U.S. trade groups seen leading lawsuits against new Internet rules
Trade associations representing large U.S. Internet service providers are expected to take the lead in suing the Federal Communications Commission over its new web traffic regulations, according to several people familiar with the plan.
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Rakuten Inc (4755.T) plans to buy U.S. eBook company OverDrive Inc for around 50 billion yen ($415 million), the Nikkei business daily reported, the latest in a spate of overseas acquisitions by the Japanese online retailer.
About 40 percent of adult Apple iPhone owners in the United States are interested in buying the company's new Apple Watch, according to a new Reuters/Ipsos poll.
The Federal Reserve on Wednesday moved a step closer to hiking rates for the first time since 2006, but downgraded its economic growth and inflation projections, signaling it is in no rush to push borrowing costs to more normal levels.
The United States has urged countries to think twice before signing up to a new China-led Asian development bank that Washington sees as a rival to the World Bank, after Germany, France and Italy followed Britain in saying they would join.
Germany will do all it can to avoid Greece stumbling out of the euro zone, a senior government official said on Wednesday ahead of a meeting of European Union leaders in Brussels.
With incendiary interviews, an undiplomatic demeanor, a celebrity photo shoot and an obscene finger gesture, Yanis Varoufakis is becoming part of Greece's debt problem rather than the solution, or so his euro zone partners believe.
President Barack Obama will promote U.S. business investment programs to executives from Google Inc, BMW AG and other international companies on March 23 at an administration-led summit to boost job creation in the United States.
The Federal Reserve on Wednesday is expected to lay the groundwork for its first interest rate hike in nearly a decade, as it continues to weigh whether the U.S. recovery can hold up against collapsing oil prices and a soaring dollar.
Panasonic Corp said on Wednesday it has agreed to increase the base salary for its employees by 3,000 yen a month, higher than last year's 2,000 yen hike, following annual wage negotiations with the electronics maker's labor union.
