Tue02282017

LAST_UPDATETue, 28 Feb 2017 10pm

Honda, Alphabet's Waymo In Talks Over Self-Driving Technology

Honda Motor Co said on Wednesday it had entered into formal talks with Alphabet Inc's new self-driving division Waymo to add self-driving technology to its vehicles, marking the second potential customer for the automation software.

Read more: Honda, Alphabet's Waymo In Talks Over Self-Driving Technology

China's Alibaba Back On US Counterfeits Blacklist

Chinese e-commerce giant Alibaba is back on the US's "notorious markets" list over counterfeit goods sales.

Read more: China's Alibaba Back On US Counterfeits Blacklist

Oil Prices Rise On Weaker Dollar, Optimism On Output Cuts

Oil prices nudged higher in tepid Asian trading on Thursday, supported by a weaker dollar and optimism crude producers would abide by an agreement to curb output to prop up markets.

Read more: Oil Prices Rise On Weaker Dollar, Optimism On Output Cuts

Canadian Mint Joins Private Blockchain Platform

Pic: ReutersThe Royal Canadian Mint has joined a blockchain platform run by Goldmoney Inc, the first time in the world that mint-vaulted bullion has been traded on such a private digital ledger, the Canadian fintech company said on Wednesday.

Read more: Canadian Mint Joins Private Blockchain Platform

Malaysia's MBSB Renews Merger Attempt, Eyes Tie-Up With Asian Finance Bank

KUALA LUMPUR: Malaysia Building Society Bhd (MBSB) will begin merger talks with Asian Finance Bank Bhd (AFB) in its third attempt in about two years to convert into a full-fledged Islamic lender.

Read more: Malaysia's MBSB Renews Merger Attempt, Eyes Tie-Up With Asian Finance Bank

1MDB Paid Interest Due In Fourth Quarter On IPIC-Guaranteed Bonds

Pic: ReutersMalaysian state fund 1Malaysia Development Bhd has made interest payments on one of its bond issues this quarter, after failing to pay earlier this year because of a dispute with a guarantor, Malaysia's second finance minister said on Wednesday.

Read more: 1MDB Paid Interest Due In Fourth Quarter On IPIC-Guaranteed Bonds

Rolls-Royce Denies UK Media Report Over Past Iran Sales

Pic: ReutersBritish engineering company Rolls-Royce denied a report in The Guardian newspaper on Wednesday that it had in the past sold equipment to Iran by exploiting a series of loopholes in U.S. sanctions.

Read more: Rolls-Royce Denies UK Media Report Over Past Iran Sales

Oil Prices Rise On Expected U.S. Crude Inventory Draw

Malaysian state fund 1Malaysia Development Bhd has made interest payments on one of its bond issues this quarter, after failing to pay earlier this year because of a dispute with a guarantor, Malaysia's second finance minister said on Wednesday.

Read more: Oil Prices Rise On Expected U.S. Crude Inventory Draw

Japan's TDK To Buy U.S. Chip Maker Invensense For $1.3 Billion

Japanese electronic parts maker TDK Corp (6762.T) said it had agreed to buy InvenSense Inc (INVN.N), a U.S. chip maker that produces motion sensors for Apple Inc (AAPL.O) and Samsung Electronics Co (005930.KS), for $1.33 billion.

Read more: Japan's TDK To Buy U.S. Chip Maker Invensense For $1.3 Billion

Union Calls New Strikes At Amazon's German Warehouses

Workers at German warehouses of U.S. online retailer Amazon.com Inc (AMZN.O) were called out on strike by labor union Verdi on Wednesday as part of a long-running dispute over pay and conditions.

Read more: Union Calls New Strikes At Amazon's German Warehouses