SYDNEY (Reuters) – Asian shares backed away from four-month highs on Friday as a dismal survey on Chinese factory activity dulled optimism about the prospects for a Sino-U.S. deal on tariffs. The Australian dollar, a liquid barometer of investor sentiment toward China, skidded 0.4 percent after the Caixin/Markit index of manufacturing fell to its lowest […]

(Reuters) – New York Governor Andrew Cuomo and new Attorney General Letitia James on Wednesday said the state was probing Apple Inc’s failure to warn consumers about a FaceTime bug that lets iPhones users see and hear others before they accept a video call. The bug, which Reuters has been able to replicate, allows an […]

ZURICH (Reuters) – UBS, the world’s biggest wealth manager, has appointed corporate banking veteran Christian Rosset to lead a new wealth management team tasked with strengthening corporate offerings for entrepreneur clients, the bank told employees this week. With the new appointment, Swizterland’s biggest lender is seeking to boost business by increasing crossover between its flagship business […]

LONDON — Investment in Britain’s auto industry plummeted last year as the country’s departure from the European Union drew nearer without agreement over the terms of leaving the bloc, figures released on Thursday show. Investment in 2018 dropped 46.5 percent from the year before, according to data from the Society of Motor Manufacturers and Traders, […]

SINGAPORE – New measures are in the works to improve insurance coverage for employees and give those injured on the job greater assurance of compensation – and much sooner after an accident. The proposals are among possible amendments to the Work Injury Compensation Act, which requires employers to compensate staff injured at work. One change […]

PARIS/DUBAI (Reuters) – Dubai’s Emirates is exploring switching some orders for the world’s largest jetliner, the Airbus A380, to the smaller A350 in a move raising new doubts over the future of Europe’s iconic superjumbo, people familiar with the matter said. The Gulf carrier – which has invested tens of billions of dollars in over […]

Marks and Spencer has announced a meal deal for Chinese New Year that’s sure to delight even the most discerning of diners. For only £10, shoppers can dine on restaurant quality dishes such as ‘Sticky Chinese Pork Ribs with a spiced soy and plum sauce and crispy crackling crumb’, and ‘Chicken & Mushroom in an […]

(Reuters) – Private equity firm Blackstone Group LP said it would buy a controlling interest in midstream energy company Tallgrass Energy LP for $3.3 billion. Under the deal, Blackstone will acquire a 44 percent economic interest in Tallgrass Energy and 100 percent of the membership interest in the company’s general partner. Singapore’s sovereign wealth fund, […]

Irish food group Greencore has reported a full take up of its £509m (€587m) share tender, as it returns money to shareholders following the $1.07bn (€936m) sale of its US business last year. While some small shareholders had questioned the tender offer, shareholder approval for the scheme was unanimous in a vote at the group’s […]

Conventional wisdom has it that mixing professional and personal relationships is unwise. Julia Hartz ignored the conventional wisdom. After college and a few years bouncing around the media business, she co-founded Eventbrite, the ticketing website, with a team that included her fiancé at the time, Kevin Hartz. That was in January 2006. Today, Eventbrite is […]