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Reuters - Business

Johnson & Johnson says new tests show no asbestos in Johnson’s Baby Powder

Reuters
(Reuters) – Johnson & Johnson (JNJ.N) said on Tuesday that recent tests showed that Johnson’s Baby Powder was free of asbestos, after U.S. Food and Drug Administration investigations reported trace amounts of the material in the product earlier this year. FILE PHOTO: Bottles of Johnson & Johnson baby powder line...
Reuters - Business

Amazon designs more powerful data center chip

Reuters
FILE PHOTO: Staff chat at the front desk of the Amazon office in the Manhattan borough of New York, New York, U.S., May 1, 2019. REUTERS/Carlo Allegri (Reuters) – Amazon.com Inc (AMZN.O) said on Tuesday it had designed a more powerful data center processor chip, as it looks to pose...
Reuters - Business

Exclusive: U.S. weighs new regulations to further restrict Huawei suppliers – sources

Reuters
WASHINGTON (Reuters) – The U.S. government may expand its power to stop more foreign shipments of products with U.S. technology to China’s Huawei, amid frustration the company’s blacklisting has failed to cut off supplies to the world’s largest telecoms equipment maker, two sources said. The U.S. Commerce Department in May...
Reuters - Business

Nokia says working to end patent licensing row with Daimler, others

Reuters
BRUSSELS (Reuters) – Nokia (NOKIA.HE) said on Friday it was working to end a row with Germany’s Daimler (DAIGn.DE) and other firms which have complained to the EU antitrust regulators about the level of fees charged for technology patents from the Finnish company. FILE PHOTO: Visitors gather outside the Nokia...
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Novartis’s $90 million Swiss factory to help solve cell therapy bottleneck

Reuters
ZURICH (Reuters) – Swiss drugmaker Novartis’s (NOVN.S) new $90 million cell and gene therapy factory in northern Switzerland is on track to begin commercial production of treatments, including Kymriah for cancer and Zolgensma for spinal muscular atrophy, in 2020. The company’s logo is seen at the new cell and gene...
Reuters - Business

Exclusive: Amazon’s cloud unit readies more powerful data center chip – sources

Reuters
(Reuters) – Amazon.com Inc’s (AMZN.O) cloud computing unit has designed a second, more powerful generation of data center processor chip, two sources familiar with the matter told Reuters, the latest sign that the company is pouring money into custom silicon for its fastest-growing business. FILE PHOTO: The logo of Amazon...
Reuters - Business

Fiat Chrysler has started 90% of planned investments in Italy: executive

Reuters
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo MILAN (Reuters) – Fiat Chrysler (FCHA.MI) has already started 90% of the investments earmarked for Italy, the auto maker’s Chief Operating Officer for the EMEA...
Reuters - Business

U.S. and China can still clinch phase 1 deal by end year: U.S. national security adviser

Reuters
U.S. National Security Advisor Robert C. O’Brien attends 7th ASEAN-United States Summit in Bangkok, Thailand, November 4, 2019. REUTERS/Soe Zeya Tun HALIFAX, Nova Scotia (Reuters) – United States national security adviser Robert O’Brien said on Saturday that a phase 1 trade agreement with China is still possible by the end...
Reuters - Business

Shattered glass: Futuristic design questioned after Tesla Cybertruck launch

Reuters
TOKYO/BENGALURU (Reuters) – Tesla Inc’s (TSLA.O) launch of its futuristic Cybertruck pickup suffered a setback when its “armoured glass” windows shattered but it was the overall look of the car that worried Wall Street on Friday, sending the company’s shares lower. In the much-anticipated unveiling to cheering fans late on...
Reuters - Business

Tesla’s cybertruck launch takes hit as ‘shatterproof’ windows crack

Reuters
TOKYO (Reuters) – Tesla Inc’s highly anticipated unveiling of its futuristic pickup truck suffered a setback after its “armored glass” windows shattered during a demonstration. Tesla Chief Executive Elon Musk stands in front of the cracked windows of company’s first electric pickup truck, the Cybertruck, after it was unveiled and...
Reuters - Business

Tesla’s electric pickup breaks the mould with angular design and armored glass

Reuters
(Reuters) – Tesla Inc (TSLA.O) on Thursday unveiled its electric pickup, a truck with a futuristic angular body in gunmetal gray that resembled an armored vehicle and takes aim at the heart of Detroit automakers’ profits. Tesla Chief Executive Elon Musk stands in front of the company’s first electric pickup...
Reuters - Business

Tesla unveils electric pickup truck, futuristic design ignites controversy

Reuters
(Reuters) – Tesla Inc (TSLA.O) on Thursday unveiled its first electric pickup truck that looked like a futuristic angular armored vehicle in gunmetal gray, as the California company took aim at the heart of Detroit automakers’ profits. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red...
Reuters - Business

Tesla unveils first-ever electric pickup truck

Reuters
FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the automobile awards “Das Goldene Lenkrad” (The golden steering wheel) given by a German newspaper in Berlin, Germany, November 12, 2019. REUTERS/Hannibal Hanschke/File Photo (Reuters) – Tesla Inc (TSLA.O) unveiled on Thursday its first-ever pickup...
Reuters - Business

15 U.S. senators urge Trump administration to halt Huawei license approvals

Reuters
WASHINGTON (Reuters) – A bipartisan group of 15 U.S. senators urged the Commerce Department to suspend issuing licenses to U.S. firms that conduct business with China’s Huawei Technologies Co. HWT.UL FILE PHOTO: A Huawei company logo is seen at a shopping mall in Shanghai, China June 3, 2019. REUTERS/Aly Song...
Reuters - Business

Emirates announces $16 billion order for 50 Airbus A350 planes

Reuters
Sheikh Ahmed bin Saeed Al Maktoum, CEO and chairman of the Emirates Group and Guillaume Faury, Chief Executive Officer for Airbus shake hands at press conference during the second day of Dubai Air Show in Dubai, United Arab Emirates, November 18, 2019. REUTERS/ Mahmoud Khaled NO RESALES. NO ARCHIVES DUBAI...
Reuters - Business

Nissan recalls nearly 400,000 vehicles over braking system defect

Reuters
(This November 16 story has been refiled to correct the number in the headline) FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo By Kanishka Singh (Reuters) – Japan’s Nissan Motor Co Ltd (7201.T) has said it is...
Reuters - Business

Factbox: Ford bets Mustang muscle can sell an electric SUV

Reuters
Ford Motor Co. shows the all-new electric Mustang Mach-E vehicle for a photo shoot at a studio in Warren, Michigan, U.S. October 29, 2019. Picture taken October 29, 2019. REUTERS/Rebecca Cook (Reuters) – Ford Motor Co (F.N) has tried and failed to generate interest in utilitarian electric vehicles such as...
Reuters - Business

Ford bets on an electric Mustang to charge its turnaround

Reuters
DETROIT (Reuters) – The Mustang Mach E electric sport utility vehicle Ford Motor Co (F.N) unveiled in Los Angeles on Sunday is more than another car for the storied automaker. Ford Motor Co. shows the all-new electric Mustang Mach-E vehicle for a photo shoot at a studio in Warren, Michigan,...
Reuters - Business

Made in China: Samsung farms out more phones to fend off rivals

Reuters
SEOUL (Reuters) – Samsung’s plan to outsource a fifth of its smartphone production to China next year may help it compete with low-cost rivals such as Huawei and Xiaomi but it’s a strategy fraught with risks, people with familiar with the move said. Samsung Electronic’s Galaxy A90 is seen on...
Reuters - Business

Nissan recalls nearly 400,00 vehicles over braking system defect

Reuters
(Reuters) – Japan’s Nissan Motor Co Ltd (7201.T) has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire. FILE PHOTO: A Nissan logo is pictured at the Tokyo Motor Show, in...

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