Hyundai Motor shares tumble following U.S. probe of air bag failures
SEOUL (Reuters) – Shares of Hyundai Motor slid on Monday after a U.S. regulator said it had opened a probe into why some air bags failed to deploy in Hyundai…
Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO
(Reuters) – Chinese video streaming service provider iQiyi Inc, a unit of search engine giant Baidu Inc (BIDU.O), has launched an initial public offering in New York worth up to…
Tokyo bids farewell to ‘trustworthy’ Tillerson, Seoul awaits seasoned Pompeo
TOKYO/SEOUL (Reuters) – Japan’s foreign minister said on Wednesday he personally regretted the departure of “frank, trustworthy” U.S. Secretary of State Rex Tillerson ahead of a proposed summit between President…
South Africa’s Tiger Brands calls in experts to identify listeria cause
JOHANNESBURG (Reuters) – South African food producer Tiger Brands said on Friday it had appointed an expert team to identify the causes of a listeria outbreak that has killed 180…
Broadcom promises on security, Qualcomm revamps board
(Reuters) – Broadcom Ltd (AVGO.O) has promised not to sell critical national security assets to foreign buyers if its deal to buy chipmaker Qualcomm Inc (QCOM.O) is approved, another effort…
U.S. nonfarm payrolls post largest gain in one-and-a-half years
WASHINGTON (Reuters) – U.S. job growth surged in February, recording its biggest increase in more than 1-1/2 years, but a slowdown in wage gains pointed to a gradual increase in…
Rhode Island doctor in Insys opioid kickback probe faces sentencing
(Reuters) – A Rhode Island doctor is to be sentenced on Friday after admitting that he took kickbacks from Insys Therapeutics Inc in exchange for prescribing a fentanyl-based cancer pain…
Asia’s biggest exporters bristle over U.S. tariffs, fanning trade war fears
TOKYO (Reuters) – Major Asian nations reacted sharply on Friday to U.S. President Donald Trump’s decision to impose tariffs on steel and aluminum imports, warning of damage to relations amid…
Fox News settles gender discrimination suit with female reporter: lawyer
(Reuters) – Journalist Diana Falzone has settled a gender discrimination lawsuit she filed against Fox News and left the company, her lawyer said on Thursday. FILE PHOTO – A Fox…
Japan’s Kobe Steel names Yamaguchi as president after data fraud
TOKYO (Reuters) – Japan’s Kobe Steel Ltd (5406.T) on Friday appointed the head of its machinery business as its new president and chief executive, looking outside its major steel division…