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    • An illustration picture shows the logo of the U.S. National Security Agency on the display of an iPhone in Berlin
      Web companies begin releasing surveillance information after U.S. deal

      By Joseph Menn and Gerry Shih SAN FRANCISCO (Reuters) - Facebook and Microsoft have struck agreements with the U.S. government to release limited information about the number of surveillance requests they … More »Web companies begin releasing surveillance information after U.S. deal

      An illustration picture shows the logo of the U.S. National Security Agency on the display of an iPhone in Berlin

      By Joseph Menn and Gerry Shih SAN FRANCISCO (Reuters) - Facebook and Microsoft have struck agreements with the U.S. government to release limited information about the number of surveillance requests they receive, a modest victory for the companies as they struggle with the fallout from disclosures about a secret government …

    • An illustration picture shows a woman looking at the Facebook website on a computer in Munich
      Facebook got 9,000-10,000 government data requests in second half 2012

      SAN FRANCISCO (Reuters) - Facebook Inc received between 9,000 and 10,000 requests for user data from various U.S. government entities in 2012's second half, involving 18,000 to 19,000 of its users' accounts, … More »Facebook got 9,000-10,000 government data requests in second half 2012

      An illustration picture shows a woman looking at the Facebook website on a computer in Munich

      SAN FRANCISCO (Reuters) - Facebook Inc received between 9,000 and 10,000 requests for user data from various U.S. government entities in 2012's second half, involving 18,000 to 19,000 of its users' accounts, the world's largest social network said in a Friday blogpost. The company said it released the information after …

    • A Wal-Mart Stores Inc company distribution center in Bentonville
      Wal-Mart taps Cash as new presiding director, replacing Breyer

      (Reuters) - Wal-Mart Stores Inc said on Saturday that its board has appointed James Cash Jr. as lead independent director. Cash, who joined Wal-Mart's board in 2006, replaces James Breyer, who served on … More »Wal-Mart taps Cash as new presiding director, replacing Breyer

      A Wal-Mart Stores Inc company distribution center in Bentonville

      (Reuters) - Wal-Mart Stores Inc said on Saturday that its board has appointed James Cash Jr. as lead independent director. Cash, who joined Wal-Mart's board in 2006, replaces James Breyer, who served on the board for more than a decade, but was prevented from running again this year under the company's rules of corporate …

    • A customer shops for clothing at a Tesco shop in Bishop's Stortford, southern England
      Tesco stops sourcing from a Bangladesh factory due to safety concerns

      LONDON/DHAKA (Reuters) - Tesco, the world's No. 3 retailer, has stopped sourcing clothes from a factory in Bangladesh after discovering serious problems with the safety of the site, the company said on … More »Tesco stops sourcing from a Bangladesh factory due to safety concerns

      A customer shops for clothing at a Tesco shop in Bishop's Stortford, southern England

      LONDON/DHAKA (Reuters) - Tesco, the world's No. 3 retailer, has stopped sourcing clothes from a factory in Bangladesh after discovering serious problems with the safety of the site, the company said on Saturday. The move follows a survey the British-based supermarket chain conducted in the wake of the collapse of the Rana …

    • Google signage seen at the company's headquarters in New York
      Google's Project Loon explores balloon-powered Internet access

      (Reuters) - Google Inc has launched a small network of balloons over the Southern Hemisphere in an experiment it hopes could bring reliable Internet access to the world's most remote regions, the company … More »Google's Project Loon explores balloon-powered Internet access

      Google signage seen at the company's headquarters in New York

      (Reuters) - Google Inc has launched a small network of balloons over the Southern Hemisphere in an experiment it hopes could bring reliable Internet access to the world's most remote regions, the company said late Friday. The pilot program, Project Loon, took off this month from New Zealand's South Island, using solar-powered, …

    • A pedestrian holding an umbrella walks past the Bank of Japan building in Tokyo
      BOJ's REITs purchase to exceed previous estimate: paper

      TOKYO (Reuters) - The Bank of Japan will likely expand its purchase of Japanese real estate investment trusts (J-REITs) beyond its buying scheme announced earlier this year as part of the central bank's … More »BOJ's REITs purchase to exceed previous estimate: paper

      A pedestrian holding an umbrella walks past the Bank of Japan building in Tokyo

      TOKYO (Reuters) - The Bank of Japan will likely expand its purchase of Japanese real estate investment trusts (J-REITs) beyond its buying scheme announced earlier this year as part of the central bank's hyper easing steps, the Nikkei business daily said on Saturday. The BOJ said in April that it would boost the balance …

    • A Mitsubishi Motors logo is seen on display at the New York International Auto Show in New York City
      Mitsubishi Motors eyes new Indonesian plant

      TOKYO (Reuters) - Mitsubishi Motors Corp is considering boosting output capacity in Indonesia and possibly building a new plant there to capitalize on brisk demand in emerging Asian economies. "It is true … More »Mitsubishi Motors eyes new Indonesian plant

      A Mitsubishi Motors logo is seen on display at the New York International Auto Show in New York City

      TOKYO (Reuters) - Mitsubishi Motors Corp is considering boosting output capacity in Indonesia and possibly building a new plant there to capitalize on brisk demand in emerging Asian economies. "It is true that we are considering strengthening our operations in Indonesia, but nothing has been decided as of now," a company …

    • Amplats workers end underground protest at South African mine

      JOHANNESBURG (Reuters) - Anglo American Platinum said on Saturday operations at its Thembelani mine in South Africa were back to normal after a "group of employees" on Friday prevented 2,400 workers from … More »Amplats workers end underground protest at South African mine

      JOHANNESBURG (Reuters) - Anglo American Platinum said on Saturday operations at its Thembelani mine in South Africa were back to normal after a "group of employees" on Friday prevented 2,400 workers from going above ground. "The situation at the mine is normal, people came above ground yesterday evening," Amplats spokeswoman …

    • Spain's Prime Minister Rajoy attends a news conference at the European Commission in Brussels
      Spain's Rajoy calls on ECB to create bank lending scheme for smaller companies

      MADRID (Reuters) - Spanish Prime Minister Mariano Rajoy on Saturday called on the European Central Bank to create a cheap funding scheme for small businesses, mirroring those used by authorities outside … More »Spain's Rajoy calls on ECB to create bank lending scheme for smaller companies

      Spain's Prime Minister Rajoy attends a news conference at the European Commission in Brussels

      MADRID (Reuters) - Spanish Prime Minister Mariano Rajoy on Saturday called on the European Central Bank to create a cheap funding scheme for small businesses, mirroring those used by authorities outside the euro zone to try and get credit flowing via banks. Rajoy, who has previously urged the ECB to change its collateral …

    • Poor weather has led to high levels of undersized beans

      By Joe Bavier ABIDJAN (Reuters) - Top producer Ivory Coast will offer a temporary refund on mid-crop cocoa in a bid to stimulate purchasing that has been hampered by small bean size, the country's marketing … More »Poor weather has led to high levels of undersized beans

      By Joe Bavier ABIDJAN (Reuters) - Top producer Ivory Coast will offer a temporary refund on mid-crop cocoa in a bid to stimulate purchasing that has been hampered by small bean size, the country's marketing board, the CCC, announced in a statement posted on its website. Ivory Coast forward sold the bulk of the anticipated …

    • Egypt in late stages of verifying reform plan with IMF

      By Martin Dokoupil and Stanley Carvalho ABU DHABI (Reuters) - Egypt's government is in the late stages of verifying its economic reform programme with the International Monetary Fund before obtaining a … More »Egypt in late stages of verifying reform plan with IMF

      By Martin Dokoupil and Stanley Carvalho ABU DHABI (Reuters) - Egypt's government is in the late stages of verifying its economic reform programme with the International Monetary Fund before obtaining a $4.8 billion IMF loan, its central bank governor said on Saturday. The loan, needed to help stabilise Egypt's balance of …

    • Top 10 Global Twitter Trends of the Week (6/13/2013)
      Top 10 Global Twitter Trends of the Week (6/13/2013)

      In the midst of possible 1984-like omnipresent government surveillance, life goes on and sports, celebrity gossip, celebrations and politics are discussed by millions around the globe. Lets see what Twitterers … More »Top 10 Global Twitter Trends of the Week (6/13/2013)

      Top 10 Global Twitter Trends of the Week (6/13/2013)

      In the midst of possible 1984-like omnipresent government surveillance, life goes on and sports, celebrity gossip, celebrations and politics are discussed by millions around the globe. Lets see what Twitterers from America, Brazil, Argentina, Spain, the UK and worldwide were tweeting about. Is 1984 Happening? In George …

    • CA-BUSINESS Summary

      Web companies begin releasing surveillance information after U.S. deal SAN FRANCISCO (Reuters) - Facebook and Microsoft have struck agreements with the U.S. government to release limited information about … More »CA-BUSINESS Summary

      Web companies begin releasing surveillance information after U.S. deal SAN FRANCISCO (Reuters) - Facebook and Microsoft have struck agreements with the U.S. government to release limited information about the number of surveillance requests they receive, a modest victory for the companies as they struggle with the fallout …

    • Aetna to exit California's individual insurance market

      (Reuters) - Aetna Inc said on Saturday it has notified California's insurance regulator that it plans to stop selling health policies to individual consumers in the state at the end of 2013. The company … More »Aetna to exit California's individual insurance market

      (Reuters) - Aetna Inc said on Saturday it has notified California's insurance regulator that it plans to stop selling health policies to individual consumers in the state at the end of 2013. The company will continue to offer health insurance to employers and Medicare beneficiaries in California, as well as dental and life-insurance …

    • Workers shut down production at Libya's Abu Attifel oilfield in protest over pay

      TRIPOLI (Reuters) - Workers at Libya's Abu Attifel oilfield have shut down production in protest over salaries, two industry sources said on Saturday. The field is operated by Mellitah, a joint venture … More »Workers shut down production at Libya's Abu Attifel oilfield in protest over pay

      TRIPOLI (Reuters) - Workers at Libya's Abu Attifel oilfield have shut down production in protest over salaries, two industry sources said on Saturday. The field is operated by Mellitah, a joint venture between Libya's state energy firm, the National Oil Corporation, and Italy's Eni. "The workers began shutting down production …

     

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