By Ethan Bilby BRUSSELS (Reuters) - The European Commission plans to send a formal warning to China that it is ready to levy sanctions against telecoms equipment makers Huawei and ZTE Corp over illegal subsidies, people close to the matter said. EU t... [Full Article]
By Solarina Ho TORONTO (Reuters) - Canada's main stock index rose on Tuesday, helped by higher global equity markets driven by investor optimism and firmer resource and financial stocks. The financials group rose 0.4 percent, as Manulife Financi... [Full Article]
(Reuters) - SoftBank Corp has asked investment banks not to finance a rival bid for Sprint Nextel Corp by Dish Network Corp, saying doing so could hurt their chances of gaining a coveted role in the highly anticipated public offering of Alibaba Group... [Full Article]
TOKYO (Reuters) - Sharp Corp, which supplies Apple Inc with screens for its iPhone and iPad, will post a bigger-than-forecast net loss for the year that ended on March 31 in part because low output at its factories forced it to write off excess capac... [Full Article]
By Ronald Grover LOS ANGELES (Reuters) - Hulu has hired Guggenheim Partners to advise on a sale of the company, even as the financial services firm is considering making its own bid for the video streaming service, three sources with knowledge of the... [Full Article]
By John McCrank NEW YORK (Reuters) - Citigroup has filed a claim with Nasdaq OMX Group to potentially receive compensation for losses associated with Facebook Inc's glitch-ridden market debut last May, according to two people with knowledge of t... [Full Article]
By John McCrank NEW YORK (Reuters) - Citigroup has filed a claim with Nasdaq OMX Group to potentially receive compensation for losses associated with Facebook Inc's glitch-ridden market debut last May, according to two people with knowledge of t... [Full Article]
By Lauren Tara LaCapra and Emily Flitter NEW YORK (Reuters) - Ex-Goldman Sachs Group Inc trader Matthew Marshall Taylor has turned himself in to federal authorities in connection with charges that he defrauded the Wall Street bank out of $118 million... [Full Article]
NEW YORK (Reuters) - Ex-Goldman Sachs Group Inc trader Matthew Marshall Taylor is expected to turn himself in to federal authorities to plead guilty to charges that he defrauded the Wall Street bank out of $118 million in 2007, two sources familiar w... [Full Article]
By Clare Jim TAIPEI (Reuters) - Google Inc will launch a new version of its Nexus 7 tablet powered by Qualcomm Inc's Snapdragon processor around July, two sources told Reuters, as the software giant pushes deeper into the cut-price mobile hardwa... [Full Article]