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  • Merkel hangs on to power but bleeds support to surging far right

    BERLIN (Reuters) -- Chancellor Angela Merkel won a fourth term in office on Sunday but will have to build an uneasy coalition to form a German government after her conservatives haemorrhaged support in the face of a surge by the far-right.The anti-i

    September 25, 2017 03:38 am JST
  • Drone companies showcase 'smart guard' solutions for Indian borders

    NEW DELHI -- India is a potentially huge customer for drones to monitor vital installations, a coastline of more than 7,500km, and over 15,100km of borders with seven countries -- including old foes China and Pakistan.The country's land borders have

    September 23, 2017 02:51 pm JST
  • Tata-ThyssenKrupp: the cornered 'megamerger'

    TOKYO -- Two giants in European steel agreed to join forces in midweek as the industry grapples with realignment and relentless competition from China.India's Tata Steel and Germany's ThyssenKrupp announced that they had agreed to integrate their Eu

    September 23, 2017 01:20 pm JST
  • Moody's downgrades UK's rating on Brexit and growth fears

    LONDON (Reuters) -- Ratings agency Moody's downgraded Britain's credit rating by a further notch on Friday, saying the government's plans to fix the public finances had been knocked off course and Brexit would weigh on the economy.Moody's, which was

    September 23, 2017 07:06 am JST
  • Alstom, Siemens in talks to merge rail ops

    PARIS/MUNICH (Reuters) -- French train maker Alstom and German engineering group Siemens said on Friday they were in talks about a tie-up of their rail activities as European companies struggle to cope with competition from China.A deal between Siem

    September 23, 2017 06:37 am JST
  • T-Mobile, Sprint close to agreeing deal terms: sources

    NEW YORK (Reuters) -- T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with Sprint Corp , people familiar with the matter said on Friday, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carr

    September 23, 2017 02:40 am JST
  • UK's May sets out transition plan in bid to unlock Brexit talks

    FLORENCE, Italy (Reuters) -- Prime Minister Theresa May set out a plan on Friday to retain full access to the EU's single market for two years after Brexit to try to reassure business and reset the tone of stalled negotiations with Brussels.But her

    September 23, 2017 01:50 am JST
  • Taiwan's TSMC denies anti-trust allegations

    TAIPEI -- Taiwan Semiconductor Manufacturing Co. on Friday said it is not engaged in anti-competitive practices. The sole supplier of the chips inside Apple's new iPhones came out with the announcement hours after Reuters reported that a small U.S.

    September 22, 2017 02:31 pm JST
  • Chipmaker GlobalFoundries asks EU to investigate bigger rival TSMC: source

    BRUSSELS (Reuters) -- U.S. electronic chipmaker GlobalFoundries has asked European antitrust regulators to investigate market leader TSMC, accusing the Taiwanese firm of unfair competition, an industry source said on Monday.GlobalFoundries is the cl

    September 22, 2017 01:51 am JST
  • Rakuten stands on shoulders of NBA giants to get noticed

    TOKYO -- Japanese virtual shopping mall operator Rakuten is working to raise its profile through deals with big overseas sports clubs.Earlier this month it agreed to become a sponsor of the NBA's Golden State Warriors, a U.S. professional basketball

    September 21, 2017 09:32 pm JST
  • Fledgling Japanese fintech sector needs to 'design for global use'

    TOKYO -- For a country with such a strong reputation for advanced technology, Japan has lagged far behind its global peers when it comes to applying it to financial services.Both the national and metropolitan governments have now embarked on an aggr

    September 21, 2017 05:25 pm JST
  • The Fed and the ECB tighten with caution

    TOKYO The U.S. and European central banks plan to normalize their monetary policies, but they are not exactly charging headlong into the wind-down of quantitative easing. This is because, although both economies are picking up, their targeted inflat

    September 21, 2017 10:00 am JST
  • The remarkable ability of opera to defy cultural appropriation

    Opera Hong Kong's new production of "Aida" in October will feature a Chinese soprano playing an African princess singing in Italian.At a time when cultural appropriation, whitewashing and other actual or perceived artistic infractions are topics of

    September 21, 2017 10:00 am JST
  • Humphrey Hawksley: UN-led labor rights are under threat around the world

    Six years ago, the United Nations published its first set of corporate governance standards aimed at curbing human rights abuses in international supply chains. On Sept. 21, the U.N. Global Compact Leaders Summit in New York, bringing together leade

    September 21, 2017 10:00 am JST
  • The remarkable ability of opera to defy cultural appropriation

    Opera Hong Kong's new production of "Aida" in October will feature a Chinese soprano playing an African princess singing in Italian.At a time when cultural appropriation, whitewashing and other actual or perceived artistic infractions are topics of

    September 21, 2017 10:00 am JST
  • Mexico's powerful quake may paralyze auto production

    MEXICO CITY -- The major earthquake that hit Mexico's capital Tuesday could cripple automobile production in the country, one of its key industries.The earthquake struck around 1:14 p.m., and the U.S. Geological Survey estimates the magnitude at 7.1

    September 21, 2017 07:09 am JST
  • Tata Steel hopes Thyssenkrupp joint venture will end European woes

    MUMBAI -- India's largest private sector steelmaker Tata Steel has entered an agreement with Germany's Thyssenkrupp, eyeing cost savings of up to 600 million euros ($720.2 million) per year through integration.The talks that have been ongoing for ov

    September 20, 2017 10:50 pm JST
  • Tata Steel, Thyssenkrupp agree to forge Europe's No. 2 steelmaker

    FRANKFURT (Reuters) -- Germany's Thyssenkrupp and India's Tata Steel struck a preliminary deal on Wednesday to merge their European steel operations in a 50-50 joint venture to create the continent's No.2 steelmaker after ArcelorMittal.The deal will

    September 20, 2017 06:30 pm JST
  • Humphrey Hawksley

    Lessons from Tokyo on Britain's post-EU future

    British Prime Minister Theresa May aims to mend fractured negotiations on Britain's exit from the European Union with a major speech on Sept. 22 in the historic Italian trading city of Florence. Scheduled talks have been postponed until after the sp

    September 20, 2017 05:00 pm JST
  • Taiwanese electric scooter maker Gogoro raises $300 million

    Taiwan's Gogoro said it raised $300 million from investors including Singapore's Temasek and Japan's Sumitomo Corporation, helping it further expand the market of its electric scooters with battery swapping technology in Europe.Gogoro, which sold mo

    September 20, 2017 03:44 pm JST