Technology

  • By Irene Klotz CAPE CANAVERAL, Fla. (Reuters) - Space Systems/Loral is suing rival Orbital ATK over an alleged theft of proprietary data and business plans for an in-space satellite servicing technology, according to a complaint filed on Thursday. The lawsuit is the second in six weeks involving the companies and their …

  • By Irene Klotz CAPE CANAVERAL, Fla. (Reuters) - Space Systems/Loral is suing rival Orbital ATK over an alleged theft of proprietary data and business plans for an in-space satellite servicing technology, according to a complaint filed on Thursday. The lawsuit is the second in six weeks involving the companies and their …

  • A passenger places her computer in her suitcase before the British Airways check-in desk at Ataturk International airport in Istanbul

    By Ceyda Caglayan ISTANBUL (Reuters) - As Istanbul builds a massive new airport and Turkish Airlines pursues aggressive route expansion, some in Turkey see the ban on large carry-on electronics on U.S. and Britain-bound flights as a ploy to undermine their aviation industry. The U.S. and British decisions to forbid devices …

  • A passenger places her computer in her suitcase before the British Airways check-in desk at Ataturk International airport in Istanbul

    By Ceyda Caglayan ISTANBUL (Reuters) - As Istanbul builds a massive new airport and Turkish Airlines pursues aggressive route expansion, some in Turkey see the ban on large carry-on electronics on U.S. and Britain-bound flights as a ploy to undermine their aviation industry. The U.S. and British decisions to forbid devices …

  • In airline laptop ban, some in Turkey see commercial … Reuters Middle East - 1 hour 52 minutes ago

    * Turkish Airlines heavily reliant on transit passengers * Istanbul hopes major new airport will be global hub * Ban seen as bid to undermine Turkish, Gulf carriers ISTANBUL, March 23 (Reuters) - As Istanbul builds a massive new airport and Turkish Airlines pursues aggressive route expansion, some in Turkey see the …

  • Visitors look at devices at Accenture stand at the Mobile World Congress in Barcelona

    Consulting and outsourcing services provider Accenture Plc slightly raised its full-year profit forecast, but the outlook largely fell short of market expectations, sending its shares down as much as 4 percent on Thursday. Accenture has invested heavily in fast-growing businesses such as digital and cloud services, amid …

  • Visitors look at devices at Accenture stand at the Mobile World Congress in Barcelona

    Consulting and outsourcing services provider Accenture Plc slightly raised its full-year profit forecast, but the outlook largely fell short of market expectations, sending its shares down as much as 4 percent on Thursday. Accenture has invested heavily in fast-growing businesses such as digital and cloud services, amid …

  • Visitors look at devices at Accenture stand at the Mobile World Congress in Barcelona

    Consulting and outsourcing services provider Accenture Plc slightly raised its full-year profit forecast, but the outlook largely fell short of market expectations, sending its shares down as much as 4 percent on Thursday. Accenture has invested heavily in fast-growing businesses such as digital and cloud services, amid …

  • A picture illustration shows a YouTube logo reflected in a person's eye, in central Bosnian town of Zenica

    (Reuters) - U.S. healthcare conglomerate Johnson & Johnson became the latest company to suspend all digital advertising on Google's YouTube, over concerns that its ads may have appeared on channels that broadcast offensive videos. Wireless carriers Verizon and AT&T said on Wednesday they would suspend digital ads on …

  • A picture illustration shows a YouTube logo reflected in a person's eye, in central Bosnian town of Zenica

    Wireless carriers Verizon and AT&T said on Wednesday they would suspend digital ads on YouTube, joining a list of well-known British brands such as retailer Marks and Spencer Group Plc that are deserting Alphabet Inc's Google. Google has come under intense scrutiny for ads appearing alongside …

  • A picture illustration shows a YouTube logo reflected in a person's eye, in central Bosnian town of Zenica

    (Reuters) - U.S. healthcare conglomerate Johnson & Johnson became the latest company to suspend all digital advertising on Google's YouTube, over concerns that its ads may have appeared on channels that broadcast offensive videos. Wireless carriers Verizon and AT&T said on Wednesday they would suspend digital ads on …

  • A picture illustration shows a YouTube logo reflected in a person's eye, in central Bosnian town of Zenica

    (Reuters) - U.S. healthcare conglomerate Johnson & Johnson became the latest company to suspend all digital advertising on Google's YouTube, over concerns that its ads may have appeared on channels that broadcast offensive videos. Wireless carriers Verizon and AT&T said on Wednesday they would suspend digital ads on …

  • A Johnson & Johnson building is shown in Irvine, California

    (Reuters) - U.S. healthcare conglomerate Johnson & Johnson became the latest company to suspend all digital advertising on Google's YouTube, over concerns that its ads may have appeared on channels that broadcast offensive videos. Wireless carriers Verizon and AT&T said on Wednesday they would suspend digital ads on YouTube, …

  • Siemens CEO Kaeser addresses a news conference before the company's annual shareholders meeting in Munich

    Labour representatives at German industrial giant Siemens have warned Chief Executive Joe Kaeser not to restructure the conglomerate into a holding company, on fears that further spin-offs could damage the brand. "Precisely because Siemens has a broad footing as an integrated technology company it has been able to position …

  • HNA raises Deutsche Bank stake to 4.76 percent Reuters - 2 hours 44 minutes ago

    Chinese conglomerate HNA Group has hiked its stake in Deutsche Bank, which is in the midst of an 8 billion euro ($8.62 billion) capital increase, to 4.76 percent from 3.04 percent, Germany's flagship lender said on Thursday. HNA, which holds the stake via investment vehicle C-Quadrat, is the bank's third-biggest shareholder …

  • Logos of TCS are displayed at the venue of the annual general meeting of the software services provider in Mumbai

    By Elias Glenn BOAO, China (Reuters) - India's top software services exporter Tata Consultancy Services will step up local hiring in the United States and has no plans to cut investments there as it continues to expect robust growth from its biggest overseas market. "In the last four or five years, we have been recruiting …

  • Logos of TCS are displayed at the venue of the annual general meeting of the software services provider in Mumbai

    India's top software services exporter Tata Consultancy Services will step up local hiring in the United States and has no plans to cut investments there as it continues to expect robust growth from its biggest overseas market. "In the last four or five years, we have been recruiting heavily in the U.S.," Girish Ramachandran, …

  • Logos of TCS are displayed at the venue of the annual general meeting of the software services provider in Mumbai

    By Elias Glenn BOAO, China (Reuters) - India's top software services exporter Tata Consultancy Services will step up local hiring in the United States and has no plans to cut investments there as it continues to expect robust growth from its biggest overseas market. "In the last four or five years, we have been recruiting …

  • Brazil's Agriculture Minister Blairo Maggi said on Thursday that 5,000 containers of Brazilian meat are currently being shipped to markets but most do not come from investigated meatpackers and are expected to reach their buyers. Maggi told reporters in a conference call that the police investigation into inspection …

  • March 23 (Reuters) - Agtech Holdings Ltd- * Company and alipay entered into framework agreement * Alipay shall conduct transactions on alipay lotterychannel on a revenue-sharing basis subject to capsSource text for Eikon: Further company coverage:

  • The company logo of Siemens is seen at an office building in Zug

    Labour representatives at German industrial giant Siemens have warned Chief Executive Joe Kaeser not to restructure the conglomerate into a holding company, on fears that further spin-offs could damage the brand. "Precisely because Siemens has a broad footing as an integrated technology company it has been able to position …

  • March 23 (Reuters) - Smit Holdings Ltd- * Appointment of Shuai Hongyu and Loong, Manfred Man-Tsun asexecutive directors Source text (http://bit.ly/2nGMQf5)Further company coverage:

  • FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in the capital Gaborone in Botswana

    Anglo American's diamond specialist De Beers has bought the 50 percent stake held by French luxury goods group LVMH in De Beers Diamond Jewellers for an undisclosed sum, taking full ownership of the retail operation. Analysts said the joint venture no longer fitted LVMH's strategy, while Anglo American, which has long …

  • March 23 (Reuters) - Shenzhen Tianyuan Dic InformationTechnology Co Ltd * Says it scraps share private placement plan to raise up to137 million yuan ($19.90 million) Source text in Chinese: http://bit.ly/2mvW1iQ Further company coverage:($1 = 6.8860 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

  • * Net profit up 0.2 pct at 108.7 billion yuan * Revenue rises 6 pct to 708.4 billion * Final dividend raised 3.9 pct * Full-year payout ratio raised to 46 pct of profits * Capex in 2017 to fall to 176 bln yuan from 187.3 bln in 2016 (Adds capital spending plan, analyst's comment on dividend, appointment of new CFO) …

  • March 23 (Reuters) - C C Land Holdings Ltd * Board does not recommend payment of a final dividend foryear ended 31 December 2016 * FY loss attributable to owners of parent HK$356.8 millionversus profit of HK$1.37 billion * FY revenue HK$1.13 billion versus HK$6.62 billionSource text: (http://bit.ly/2ngrhRx)Further company …

  • Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in Gaborone, Botswana

    Anglo American's diamond specialist De Beers has bought the 50 percent stake held by French luxury goods group LVMH in De Beers Diamond Jewellers for an undisclosed sum, taking full ownership of the retail operation. Analysts said the joint venture no longer fitted LVMH's strategy, while Anglo American, which has long …

  • FILE PHOTO: A Chinese national flag and two flags bearing the name of ZTE fly outside the ZTE R&D building in Shenzhen, China

    By Sijia Jiang HONG KONG (Reuters) - Chinese telecommunications equipment maker ZTE Corp on Thursday reported a net loss of 5.22 billion yuan ($760 million) in fourth-quarter profit, as it booked a $892 million charge to settle a U.S. sanctions case. ZTE on March 8 agreed to plead guilty and pay the highest penalty among …

  • The De Beers logo is displayed in Hong Kong

    Anglo American's diamond specialist De Beers has bought the 50 percent stake held by French luxury goods group LVMH in De Beers Diamond Jewellers for an undisclosed sum, taking full ownership of the retail operation. Analysts said the joint venture no longer fitted LVMH's strategy, while Anglo American, which has long …

  • FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in the capital Gaborone in Botswana

    Anglo American's diamond specialist De Beers has bought the 50 percent stake held by French luxury goods group LVMH in De Beers Diamond Jewellers for an undisclosed sum, taking full ownership of the retail operation. Analysts said the joint venture no longer fitted LVMH's strategy, while Anglo American, which has long …

  • FILE PHOTO: Diamonds are displayed during a visit to the De Beers Global Sightholder Sales (GSS) in the capital Gaborone in Botswana

    Anglo American's diamond specialist De Beers has bought the 50 percent stake held by French luxury goods group LVMH in De Beers Diamond Jewellers for an undisclosed sum, taking full ownership of the retail operation. Analysts said the joint venture no longer fitted LVMH's strategy, while Anglo American, …

  • Commuters sit at a bus stop adorned with an advertisement of Indian online marketplace Snapdeal featuring Bollywood actor Aamir Khan, in Bengaluru, India

    By Sumeet Chatterjee and Sankalp Phartiyal HONG KONG/MUMBAI (Reuters) - Indian online retailer Snapdeal is seeking investment to shore up its finances after unsuccessful talks with Chinese funds and Alibaba Group Holding Ltd as it battles to remain competitive, sources with direct knowledge of the matter said. Faced with …

  • (Refiles with correct link) March 23 (Reuters) - Beijing BDStar Navigation Co Ltd * Says it plans to buy Canada's Rx Networks for C$31 million ($23.26 million) Source text in Chinese: http://bit.ly/2nV63qR Further company coverage:($1 = 1.3325 Canadian dollars) (Reporting by Hong Kong newsroom)

  • Workers clean the windows at Vienna's airport in Schwechat

    By Kirsti Knolle VIENNA (Reuters) - Vienna Airport appealed on Thursday to Austria's highest courts to annul a ruling that blocked its planned expansion for environmental reasons, arguing the decision ignored constitutionally guaranteed rights and EU law. An Austrian administrative court blocked the construction of a …

  • March 23 (Reuters) - BOE Technology Group Co Ltd * Says unit plans medical centre project in Chengdu withinvestment of about 6.0 billion yuan ($871.23 million) withpartner * Says unit plans health industry park project in Chengduwith investment about 12.0 billion yuan with partner Source text in Chinese: http://bit.ly/2nadmej …

  • (Adds the photographer's release) DUBAI, March 23 (Reuters) - Bahraini authorities released a former Agence France-Presse photographer on Thursday after holding him for more than 24 hours because of his work for AFP, the French news agency reported. Mohammed Al-Shaikh, a prize-winning local photojournalist who worked …

  • March 23 (Reuters) - Varitronix International Ltd: * Unit and Chengdu High-Tech Industrial Development ZoneManagement Committee entered into an investment cooperationagreement * Agreement in relation to investment of automobile TFTdisplay module production lines and related business operations * Total investment amount …

  • FILE PHOTO -  Servers for data storage are seen at Advania's Thor Data Center in Hafnarfjordur, Iceland

    The European Commission is considering lowering regulatory requirements for emerging financial technology services in a bid to spur innovation and cut costs, the EU executive's vice president suggested on Thursday. "Fintech" firms use modern technology to compete with traditional financial services providers, offering …

  • March 23 (Reuters) - ZTE Corp * intends to apply for authorisation to invest invalue-protection derivatives against its foreign exchange riskexposure by hedging through dynamic coverage rate for amount notexceeding $3 billion for 2017 * "such limits may be applied on a revolving basis duringeffective period of authorisation." …

  • March 23 (Reuters) - Qtone Education Group Guangdong Ltd * Says its shares to resume trade on March 24 after haltingasset acquisition plan Source text in Chinese: http://bit.ly/2ng37GX Further company coverage: (Reporting by Hong Kong newsroom)

  • Dubai International Airport's duty free operator estimates that it will lose about $2 million in sales this year from the ban on carrying most electronic devices on United States-bound flights, a senior executive said on Thursday. Under new security measures announced this week, electronics larger than a mobile phone …

  • Bilaal Mohamed explains why time could be running out for would-be investors in BT Group plc (LON:BT.A).

  • March 23 (Reuters) - ZTE Corp * Says 2016 net loss at 2.4 billion yuan ($348.53 million) * Says 2016 net loss incurred mainly from its settlementwith the U.S. government Source text in Chinese: http://bit.ly/2nUySn5 Further company coverage:($1 = 6.8860 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

  • The International Olympic Committee was hopeful negotiations with the National Hockey League would eventually be successful, allowing the world's best players to compete at next year's Pyeongchang winter Games, the governing body said on Thursday. The NHL players' participation is traditionally a thorny issue for the Olympics …

  • Vienna Airport said on Thursday it had appealed to Austria's highest courts against an earlier court decision blocking its planned expansion for environmental reasons.  One basis for the appeal was the violation of essential constitutionally anchored rights such as freedom of ownership, freedom to carry on a business and …

  • March 23 (Reuters) - Hengtong Optic-electric Co Ltd * Says it plans to invest 2.0 billion yuan ($290.41million) in big data project in Suzhou Source text in Chinese: http://bit.ly/2nFz38E Further company coverage:($1 = 6.8868 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

  • The Verizon logo is seen on the side of a truck in New York

    U.S. wireless carriers Verizon Communications Inc and AT&T Inc said on Wednesday they have suspended digital advertising on Google's YouTube and other advertising platforms not related to search over concerns that their ads may have run next to extremist videos. Verizon and AT&T joined a list of well-known British brands …

  • The Verizon logo is seen on the side of a truck in New York

    Verizon and AT&T joined a list of well-known British brands such as retailer Marks and Spencer Group Plc deserting Alphabet Inc's Google. Google is under fire in Europe from politicians and brands angered by ads appearing alongside videos on its YouTube platform carrying homophobic or anti-Semitic me …

  • The Verizon logo is seen on the side of a truck in New York

    U.S. wireless carriers Verizon Communications Inc and AT&T Inc said on Wednesday they have suspended digital advertising on Google's YouTube and other advertising platforms not related to search over concerns that their ads may have run next to extremist videos. Verizon and AT&T joined a list of well-known British brands …

  • People are silhouetted against screen displaying logo of Fujitsu at CEATEC JAPAN 2012 electronics show in Chiba

    TOKYO (Reuters) - Japan's Fujitsu Ltd and China's Lenovo Group Ltd will postpone plans to integrate their personal computer operations until next month or later, Japanese public broadcaster NHK reported Thursday on its website. The companies had been in advanced talks and were aiming to reach a deal by the end of …

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