SEOUL (Reuters) – South Korea’s LG Electronics plans to start operating its new washing machine factory in the United States in the fourth quarter this year, its chief executive said on Thursday.
HONG KONG (Reuters) – Lenovo Group Ltd said on Wednesday it expected to make a one-off charge of $400 million for nine months ended in December due to a reassessment of U.S. deferred tax assets.
(Reuters) – Telecoms and cable group Altice NV , which is trying to reassure investors by cutting debt and shoring up business in Europe, said on Monday its board has approved plans to spin-off its U.S. unit from its European operation.
NEW YORK (Reuters) – U.S. fund managers are ramping up efforts to tap into the fever surrounding digital assets, and the latest planned bitcoin products could deliver some head-turning and stomach-churning price movements if they come to market.
WASHINGTON (Reuters) – The U.S. derivatives regulator will hold two meetings to discuss the procedure and operational controls for listing and trading digital currency futures, it said on Thursday, amid rising concerns over the risks bitcoin poses to the financial system.
Nintendo has managed to sell so many of its Nintendo Switch console that it’s become not only its own fastest-selling console, but also the fastest selling in the U.S. ever, beating the record set by the Wii back during its launch. The Switch has sold over 4.8 million units in its first 10 months of […]
(Reuters) – AT&T Inc , the No. 2 U.S. wireless carrier, said it would launch fifth-generation (5G) mobile network service in a dozen cities in the United States by late 2018, after international wireless standards for the network were finalised last month.
NEW YORK/SAN FRANCISCO (Reuters) – Music streaming service Spotify has filed confidentially with U.S. regulators for an initial public offering and is targeting a direct listing in the first half of 2018 that would allow some longtime investors to cash out, a source familiar with the matter said on Wednesday.
SHANGHAI (Reuters) – The founder of debt-laden tech conglomerate LeEco has defied orders from Chinese regulators to return to the country before end-2017, saying he needed to stay in the United States as a fundraising for his electric car startup was making progress.