By Krishna N. Das NEW DELHI (Reuters) – India has frozen requests to commercially release a locally developed genetically modified mustard, an environment ministry document released on Tuesday showed, amid stiff opposition to lab-altered food from domestic activists and politicians. The mustard variety would have been the first transgenic food crop to be allowed for […]
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By Thomas Wilson TOKYO (Reuters) – Japan’s Canon Inc hiked its annual profit forecast for the third time on Tuesday on the back of expanding demand for “business-to-business” products from surveillance cameras to organic light-emitting diode (OLED) screen production equipment. Canon, which also makes copiers and printers, forecast operating profit to soar by more than […]
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SYDNEY (Reuters) – Australia’s Bureau of Meteorology (BOM) said on Tuesday climate indicators were near the levels associated with a La Nina weather event and pegged the chance of the weather pattern developing this year at 50 percent. This is around double the normal likelihood of the weather event, the BOM said. La Nina is […]
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BEIJING (Reuters) – The head of Airbnb Inc’s China business has resigned four months after taking the role, the company confirmed on Tuesday, the latest leadership change for the unit which operates in an country where residency and movement are regulated. Hong Ge, who previously worked for Google Inc and Facebook Inc, left to pursue […]
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By Julia Love and Christine Murray MEXICO CITY (Reuters) – Mexico’s telecommunications regulator is discussing a proposal that would allow billionaire Carlos Slim’s America Movil to start charging local rivals again for calls made to clients on its network, according to a document seen by Reuters. Rivals such as AT&T and Telefonica have been anxiously […]
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(Reuters) – Microsoft Corp said it will drop a lawsuit against the U.S. government after the Department of Justice (DOJ) changed data request rules on alerting internet users about agencies accessing their information. The new policy limits the use of secrecy orders and calls for such orders to be issued for defined periods, Microsoft Chief […]
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By Kit Rees LONDON (Reuters) – Investment funds seeking to invest at the intersection of Europe and technology are finding rich pickings in places that some may find surprising: sprawling industrials like trains-to-turbines Siemens and engineering group ABB. Building on their traditional expertise in factory automation, the conglomerates’ digital divisions are adding cutting-edge software and […]
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(Reuters) – Amazon.com Inc on Monday said Joe Lewis, the head of comedy and drama at its entertainment studio unit, has stepped down, but gave no reason for his resignation. Amazon said Sharon Tal Yguado, who is the head of event series, will replace Lewis in the interim. Lewis’ exit comes after Amazon Studios chief […]
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SAO PAULO (Reuters) – Brazilian phone carrier Oi SA faced two setbacks from the government on Monday in its efforts to pull off the country’s biggest-ever in-court debt restructuring. Brazilian telecoms regulator Anatel rejected the company’s request to swap billions of reais in regulatory fines for new investments. Anatel said in a statement that the […]
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By Liana B. Baker and Munsif Vengattil (Reuters) – Cisco Systems Inc <CSCO.O> will buy software company BroadSoft Inc <BSFT.O> for $1.71 billion, it said on Monday, in a deal that boosts Cisco’s collaboration tools and helps the company diversify its offerings away from switching and routing. Shares in BroadSoft, which specializes in software used […]
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By Jeffrey Dastin (Reuters) – Amazon.com Inc has received 238 proposals from cities and regions across North America vying to host the company’s second headquarters, it said on Monday. The number of applicants underscores the interest in the contest, which Seattle-based Amazon announced last month. The world’s largest online retailer said it would invest more […]
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By Valerie Volcovici WASHINGTON (Reuters) – The U.S. federal government should adopt a strategy to manage climate change risks, as their cost to the government may rise as much as $35 billion per year by mid-century, a congressional watchdog office report released on Monday said. The report from the non-partisan Government Accountability Office comes as […]
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