ByteDance, Oracle at loggerheads over terms of TikTok agreement
NEW YORK/BEIJING (Reuters) - ByteDance and Oracle Corp issued conflicting statements on Monday over the terms of an agreement they reached with the White House over the weekend to allow TikTok to continue to operate in the United States, casting doubt on President Donald Trump's preliminary blessing of the deal.
Pilots' unions urge U.S. regulator to improve cockpit procedures for Boeing 737 MAX
SEATTLE/MONTREAL/CHICAGO (Reuters) - The U.S. aviation regulator should require new cockpit procedures for Boeing Co's
737 MAX to help pilots disable an erroneous stall alert that could be a serious distraction during mid-flight emergencies, major pilots unions said on Monday.
U.S. judge fast-tracks Tiffany's case on $16 billion LVMH deal, sets January trial
NEW YORK (Reuters) - A U.S. court on Monday fast-tracked Tiffany & Co's lawsuit against French luxury goods conglomerate LVMH for trying to back out of its $16 billion deal to acquire the jeweler.
Asian stocks fall on concerns about fresh lockdowns, banking sector
NEW YORK (Reuters) - Asian shares opened weaker on Tuesday on concerns about new pandemic lockdowns in Europe and after reports about financial institutions allegedly moving illicit funds hurt global banking stocks.
U.S. policymakers seize on FinCEN leaks to press for stepped up money-laundering fight
WASHINGTON (Reuters) - Advocates of legislation to beef up the U.S. fight against money laundering made a fresh push on Monday to get Congress to act, after new revelations that some leading global banks have been processing payments linked to alleged illicit funds.
Musk sees no immediate boost from 'Battery Day' tech unveil
(Reuters) - Tesla Inc
Chief Executive Officer Elon Musk said on Monday improvements to be unveiled at the electric-car maker's "Battery Day" event would not reach "serious high-volume production" until 2022, knocking its shares lower.
Huawei plans more cuts to jobs, investment in Australia
SYDNEY (Reuters) - The Australian operation of Chinese telecommunications equipment maker Huawei Technologies Co Ltd said it would continue to cut staff numbers and investment in the country amid strained relations between Beijing and Canberra.
Trump says aides rejected his request to adjust value of dollar
DAYTON, Ohio (Reuters) - U.S. President Donald Trump on Monday said he was rebuffed when he asked officials to adjust the exchange rate of the dollar to counteract what he described as repeated currency manipulation by China of its yuan.
Microsoft doubles down on gaming with $7.5 billion deal for Doom-owner ZeniMax
(Reuters) - Xbox maker Microsoft Corp
said on Monday it would acquire ZeniMax Media for $7.5 billion in cash, its biggest gaming acquisition ever as it seeks to strengthen its video game offerings in its rivalry with Sony Corp's <6758.T> PlayStation.
Brazil's Petrobras opens rebidding for refinery, but sources say keeping it not ruled out
SAO PAULO (Reuters) - Brazilian oil company Petrobras
said on Monday it will open another round of bidding for its Repar refinery in the state of Parana after receiving binding offers that were too similar in value.