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Business

Facebook to ban cryptocurrency-related ads

FILE PHOTO: Someone walks past a stainless steel board showing forex rates of numerous cryptocurrencies at Bithumb cryptocurrencies exchange in Seoul, Columbia, January 11, 2018. REUTERS/Kim Hong-Ji/File Photo

(Reuters) – Facebook Inc <FB.O> said it can ban ads promoting financial loans and services associated with cryptocurrencies and initial coin offerings.

“We’ve resulted in a new policy that …

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Business

Amid angst over iPhone X, Wall Street braces for weak forecast from Apple

FILE PHOTO: The iPhone X is pictured on the Apple Store Marche Saint-Germain in Paris, France, November 3, 2017. REUTERS/Benoit Tessier/File Photo

SAN FRANCISCO (Reuters) – When Apple Inc <AAPL.O> announces its first-quarter earnings on Thursday, investors will seek indications of perhaps the company’s $999 iPhone X launched last autumn had been a Steve Jobs-style hit …

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Business

Low-cost, long-haul flights from India for boosting leisure travel: report

An Indigo Airlines\’ cabin crew member addresses safety guidelines during a flight from New Delhi to Srinagar city November 21, 2014. REUTERS/Adnan Abidi

MUMBAI (Reuters) – The launch of low-cost, long-haul flights by Indian airlines will boost outbound leisure travel and open a multi-billion dollar chance for carriers, an article released on Wednesday showed.

The analysis by …

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Business

Global stocks slide again on rising bond yield pressure

Pedestrians walk past are just looking for board displaying the Nikkei average outside a brokerage in Tokyo, Japan January 4, 2018. REUTERS/Kim Kyung-Hoon

NEW YORK (Reuters) – World stocks declined into their biggest two-day dive in 16 months on Tuesday as tumbling oil prices and a jump in global borrowing costs cooled the year’s euphoric come …

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Business

Trump urges Congress to help you stimulate $1.5 trillion in infrastructure spending

The U.S. military\’s Joint Chiefs of Staff focus on U.S. President Donald Trump\’s State from the Union address towards a joint session of your U.S. Congress on Capitol Hill in Washington, U.S. January 30, 2018. REUTERS/Jonathan Ernst

WASHINGTON (Reuters) – President Mr . trump called within the U.S. Congress on Tuesday to give legislation to stimulate …

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Business

Raytheon wins $2.3 billion U.S. defense contract: Pentagon

FILE PHOTO: Indicative marks the Raytheon offices in Woburn, Massachusetts, U.S. January 25, 2017. REUTERS/Brian Snyder/File Photo

WASHINGTON (Reuters) – Raytheon Co <RTN.N> was awarded a $2.3 billion U.S. defense seek engineering services to support the Patriot anti-missile system through Jan. 31, 2023, the Pentagon said .

The contract is perfect for ongoing support of software …

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Business

Airbus A321LR long-range jet completes maiden flight

An Airbus A321LR takes off during the presentation on the company\’s new long range aircraft in Hamburg-Finkenwerder, Germany, January 31, 2018. REUTERS/Fabian Bimmer

HAMBURG (Reuters) – The A321LR, a long-range version of Airbus’s <AIR.PA> largest and newest single-aisle jet, made its maiden flight on Wednesday since the European planemaker looks to retain perhaps the market where …

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Business

Game publisher EA’s sales forecast tops estimates; shares rise

FILE PHOTO: Be sure you Arts (EA) game logo can be viewed at the Electronic Entertainment Expo, or E3, in Los Angeles, California, United states of america, Next month, 2015. REUTERS/Lucy Nicholson/File Photo

(Reuters) – Videogame publisher Ea Inc’s <EA.O> forecast fourth-quarter revenue above analysts’ estimates as it expects to achieve through the launch of mixed …

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Business

U.S. agencies probe Apple over slowing iPhones: Bloomberg

An iPhone 6S Plus is seen with the Apple outlet in Palo Alto, California September 25, 2015. REUTERS/Robert Galbraith

(Reuters) – The U.S. Department of Justice and the Securities and Exchange Commission are investigating whether Apple Inc violated securities laws concerning its disclosures so it slowed older iPhones with flagging batteries, Bloomberg reported .

“We now have …

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Business

Mexico says prepared to take changes on rules of origin for autos in NAFTA talks

Mexico\’s Economy Minister Ildefonso Guajardo gestures throughout a selecting senators on the Institutional Revolutionary Party (PRI) for the Senate building in Mexico City, Mexico January 30, 2018. REUTERS/Daniel Becerril

MEXICO CITY (Reuters) – Mexico said on Tuesday it has been ready to accept changes to rules of origin for automobiles, one of the most contentious issues …