International News

Firms from Apple to Zynga file legal brief against Trump ban

  Bloomberg Ninety-seven companies, from Apple Inc. to Zynga Inc., filed an impassioned legal brief condemning President Donald Trump’s executive order on immigration, stepping up the industry’s growing opposition to the policy. The amicus brief was filed late on Sunday in the Ninth Circuit Court of Appeals and emphasizes the importance of immigrants in the economy and society. The companies ...

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Toyota raises profit forecast as trade tension looms

  Bloomberg Toyota Motor Corp. raised its full-year forecasts — albeit falling short of analysts’ estimates — as the carmaker sought to navigate rising protectionism under US President Donald Trump and as the yen’s volatility weighed on prospects for exports of its Prius and Lexus models. Operating profit will probably be 1.85 trillion yen ($16.4 billion) in the year through ...

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Companies expect big software deals bolstered by US policies

  Bloomberg The software industry went on a shopping spree in 2016, and this year could be even busier, bolstered by the new president’s policies and what one analyst suggests could be a major deal by Google. The value of software deals in 2016 topped $115 billion for acquisitions closed or pending, according to data gathered by Bloomberg. That’s up ...

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US jobs report to show ‘if Trump era began with strong hiring’

  WASHINGTON / AP The first US jobs report to be released since Donald Trump became president will reveal whether growing confidence among businesses fueled an accelerated pace of hiring in January. Economists remain watchful. They have forecast that the government will report that employers added a solid if unspectacular 175,000 jobs, according to data provider FactSet. That’s roughly in ...

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Planet Labs inks deal for Google’s satellite business

  Bloomberg Planet Labs Inc., a startup that launches small satellites into orbit and sells the imagery, is acquiring the Terra Bella satellite business of Alphabet Inc. in a bid to take on larger industry incumbents. In return, Alphabet’s Google is taking a stake in the startup. Google has also agreed to purchase satellite images captured by Planet in a ...

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Maserati recalls around 40,000 vehicle models on risks of fires

  Bloomberg Maserati North America Inc. is recalling at least 39,381 Quattroporte, Ghibli, and Levante vehicles after discovering two defects that could lead to fires. Adjusting the front seats could potentially lead to electrical shorts and fires in those vehicles from model years 2014 through 2017, according to documents filed with the US National Highway Traffic Safety Administration. The company ...

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Britain seeks ‘frictionless’ new trade relationship with EU after Brexit

  LONDON / AP Britain is leaving the European Union’s single market but wants a “frictionless” new trade relationship with the bloc, the government said in the most detailed account yet of its EU exit plans. In a bid to ease uncertainty around the UK’s exit from the European Union — and appease opposition demands for greater clarity — the ...

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Modi power plans are slow to light rural India

  Bloomberg Screams alerted Dadasaheb Vidhate to the fire trapping three of his children in the family’s thatched-roof hut in rural India. “Neighbors rushed to help douse the fire, but we couldn’t save anyone,” Vidhate, 45, said of the blaze four years ago, which he blames on an overturned kerosene lamp. “My children were burned alive before my eyes.” With ...

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India opens coal-mining market for the first time in four decades

  Bloomberg India plans to allow non-state mining companies to mine and sell coal for the first time in more than four decades, federal coal secretary Susheel Kumar said. The nation’s coal ministry will auction four mines to both state-run and private companies during the year starting April 1, Kumar told reporters in New Delhi. The winning bidders will have ...

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Asia’s lure for African lion bones under scrutiny

  JOHANNESBURG / AP Wildlife traffickers in a major African park have been offering rewards for a full lion carcass, raising concerns that poachers are increasingly targeting a vulnerable species because of demand in some Asian countries for lion bones used in traditional medicine. The report from Mozambique’s Niassa National Reserve comes amid debate about whether the legal, annual export ...

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