Business

Photo

Exclusive: Microsoft CEO Nadella to visit China amid antitrust probe - source

BEIJING - Microsoft Corp Chief Executive Officer Satya Nadella is set to visit China in late September, a source familiar with the matter said on Thursday, as the Chinese government conducts an antitrust investigation into the world's largest software company.

Recent Business News

Exclusive: GM plans to move some Chevy Equinox assembly to Mexico -source

DETROIT - General Motors Co and the United Auto Workers on Wednesday trumpeted the news that production of the Cadillac SRX would be shifted from Mexico to Tennessee, but Reuters has learned that GM also plans to move some other assembly work in the opposite direction.

8:18pm EDT

Mega-IPO to rekindle the 'bromance' behind Alibaba's rise

BEIJING - Masayoshi Son's nose for an investment has turned a $20 million start-up punt on Alibaba into a stake worth maybe $50 billion or more as the Chinese e-commerce giant co-founded and led by Jack Ma heads to what could be the biggest U.S. tech IPO of all time.

Tech, Media 6:41pm EDT

Boeing plan would bring Silicon Valley services to its South Carolina site

NORTH CHARLESTON S.C. - Boeing Co is expected to receive final approval on Thursday to build what could be a Silicon Valley-style corporate campus as part of a major expansion of its factory in South Carolina.

7:28pm EDT

Qantas converts Airbus A320 orders to upgraded A320neo variant

SINGAPORE - Qantas Airways said on Thursday that it has converted orders for 21 Airbus A320 aircraft into the re-engined A320neo variant and deferred the delivery by four years.

10:09pm EDT

Alibaba revenue soars ahead of IPO

- Alibaba Group Holding Ltd's [IPO-BABA.N] revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company's financials before its expected landmark market debut. | Video

Tech, Media 8:05pm EDT

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary