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Renesas says may cut more jobs, but restructuring past halfway

TOKYO - Japanese chipmaker Renesas Electronics may cut more jobs as it finishes a massive restructuring that is focusing its business on the automotive and industrial sectors and has pulled it back into the black after years of losses.

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New Apple iPhone to have 'mobile wallet' function: Bloomberg

- Apple Inc plans to enable its next iPhone to become a mobile wallet by allowing owners to securely make mobile payments in a store with the touch of a finger, Bloomberg said on Sunday, citing a person familiar with the situation.

01 Sep 2014

EU regulators scrap antitrust case against MathWorks

BRUSSELS - European Union antitrust regulators scrapped on Tuesday an investigation into MathWorks sparked by a complaint the U.S. software firm had refused to provide data to rivals to let their devices work with its products.

7:55am EDT

Frankfurt court bans Uber taxi services across Germany

FRANKFURT - A German regional court has issued a temporary injunction against Uber, the fast-growing, U.S.-based online chauffeur service which is no stranger to legal challenges from taxi-cab rivals and regulators around the globe.

8:32am EDT

Swatch prefers go-it-alone route for smartwatch plans

BIEL (Switzerland) - Swatch Group is happy to go it alone with a launch next year of watches with "smart" features to compete with so-called wearable gadgets from the big tech companies, a market potentially worth $93 billion.

Media 31 Aug 2014

Telecom Italia in a bind after losing GVT bid battle

PARIS/LONDON/MILAN - Telecom Italia has lost a promising path to earnings growth by failing to secure Brazilian broadband business GVT and may now turn from hunter to hunted in a fast-consolidating telecoms industry.

Deals, Brazil, Italy 31 Aug 2014

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