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Apple to set up R&D center in Shenzhen, bolster China ties

By Sijia Jiang HONG KONG (Reuters) – Apple Inc will set up a research and development center in China's manufacturing metropolis Shenzhen, the U.S. tech giant said on Wednesday, as the firm looks to spur growth in …

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Apple to set up R&D center in Shenzhen, bolster China ties

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Fed can be ‘gentle’ in hiking rates, Dudley says

The Federal Reserve can be “gentle” in removing monetary stimulus since U.S. inflation remains low and the economic expansion could last five or more years, one of the most influential Fed policymakers said on Wednesday. “We&#…

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Fed can be ‘gentle’ in hiking rates, Dudley says

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U.S., Canada to continue lumber trade talks as deadline passes

The top U.S. and Canadian trade negotiators said on Wednesday they would continue talks toward a new trade agreement on softwood lumber, despite the expiration of a “standstill” period prohibiting legal challenges over the long-standing dispute. U.S. producers complain that Canadian lumber is subsidized, and they have in the past launched trade challenges that resulted in the United …

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U.S., Canada to continue lumber trade talks as deadline passes

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Fed’s Fischer says job gains solid, expects growth to pick up

Job gains in the United States remain solid and growth should pick up in the second half of the year, Fed Vice Chair Stanley Fischer said on Sunday in remarks that indicate the central bank remains on track for a December rate increase. The United States is “close to full employment,” Fischer said in remarks prepared for delivery to the Group of 30, a panel of current and former central bankers, regulators and academic economists, during the annual meetings of the International Monetary…

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Fed’s Fischer says job gains solid, expects growth to pick up

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South Korea orders battery safety measures for Samsung Note 7

South Korea said on Thursday it ordered Samsung Electronics Co Ltd to take additional measures to ensure that batteries used in Galaxy Note 7 handsets are safe, as the firm prepares to resume sales of the smartphone in South Korea. The firm is already issuing replacement devices using what it says are safe batteries in

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South Korea orders battery safety measures for Samsung Note 7

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Volkswagen says it might not resume U.S. sales of diesel vehicles

By David Shepardson WASHINGTON (Reuters) – Volkswagen AG said on Wednesday it has not decided if it will resume selling diesel vehicles in the United States, even if it were allowed to, in the wake of the automaker's emissions cheating scandal. The German automaker has been barred from selling diesel vehicles in the United States since late 2015 after it acknowledged using “defeat devices” to evade U.S. diesel emissions standards. The company is in talks with U.S. regulators but approval to…

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Volkswagen says it might not resume U.S. sales of diesel vehicles

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Bayer’s Monsanto acquisition to face politically charged scrutiny

WASHINGTON D.C./NEW YORK (Reuters) – As the global agricultural sector races to consolidate, Bayer AG's $66 billion all-cash deal to acquire Monsanto Co will test growing political and consumer unease in the United States and abroad over…

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Bayer’s Monsanto acquisition to face politically charged scrutiny

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VW’s Audi steps up collaboration with Chinese tech groups

FRANKFURT (Reuters) – Volkswagen's luxury car unit Audi has agreed to deepen collaboration with Chinese internet technology groups to offer more digital services in the world's largest car market.

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VW’s Audi steps up collaboration with Chinese tech groups

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Samsung urges Note 7 users to switch off phones and turn them in

By Se Young Lee and Jeffrey Dastin SEOUL (Reuters) – Samsung Electronics Co Ltd on Saturday urged users of its Galaxy Note 7 phones to turn in their handsets as soon as possible as part of a recall aimed at limiting the damage caused by the fire-prone devices. The world's top smartphone maker said last week it would exchange all Note 7 phones in 10 markets including South Korea and the United States…

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Samsung urges Note 7 users to switch off phones and turn them in

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Apple will not give first-weekend sales of iPhone 7

By Julia Love SAN FRANCISCO (Reuters) – Apple Inc will not release first-weekend sales of its new iPhone 7, the company said on Thursday, making it harder for analysts to get a …

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Apple will not give first-weekend sales of iPhone 7

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