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Wednesday, June 7, 2017

European bank bailout soothes anxious markets

LONDON (Reuters) - A smoothly executed rescue of Spain's struggling Banco Popular drove European banking stocks higher on Wednesday in financial markets dominated by caution ahead of a trio of major events on Thursday.

Exclusive: Apple makes iPhone screen fixes easier as states mull repair laws

SAN FRANCISCO(Reuters) - Hey Siri, where can I get my cracked iPhone screen fixed?

Uber fires 20 employees after harassment probe

SAN FRANCISCO (Reuters) - Uber Technologies Inc [UBER.UL] said on Tuesday it fired 20 employees and was improving management training following an investigation by a law firm into sexual harassment allegations and other claims at the ride-hailing company.

Goldman Sachs boost rates for savers in bid to attract deposits

(Reuters) - U.S. savers who routinely scour personal finance sites for the best deposit rates are soon going to see an unusual bank at the top of the list: Goldman Sachs Group Inc.

Justice Dept. halts settlements funding out outside groups

WASHINGTON (Reuters) - The U.S. Justice Department has barred any legal settlements in federal investigations that include donating funds to community organizations or other third-party groups, rather than to those directly harmed by the wrongdoing or involved in the cases, in a change that could impact banks and other corporations.

Delphi, Transdev to develop self-driving shuttle service in Europe

DETROIT (Reuters) - Delphi Automotive PLC will partner with Paris-based Transdev Group, a public transport service controlled by the French government, to develop an automated on-demand shuttle service in Europe, the companies said on Wednesday.

Oil dips on concern over rising U.S. output, OPEC tensions

LONDON (Reuters) - Oil prices dipped on Wednesday on renewed concerns about the efficacy of OPEC-led production cuts due to rising tensions within the export group over Qatar and growing U.S. output.

Tankers load Qatari crude along with UAE oil as shipping ban eases

SINGAPORE (Reuters) - Exports of Qatari crude oil have not been hindered by a port ban imposed by other Gulf states as tankers are loading Qatari grades along with cargoes from the United Arab Emirate, shipping data in Thomson Reuters Eikon showed on Wednesday.

Sony's PlayStation VR headset sales top one million units

TOKYO (Reuters) - Sony Corp has sold more than one million units of its virtual reality (VR) headset globally, the Asia chief of the Japanese firm's gaming unit said on Wednesday, as a relatively low price helps push the product into an early lead.

Exclusive: Renault-Nissan seeks Ghosn heir to drive integration - sources

PARIS (Reuters) - Renault-Nissan boss Carlos Ghosn is recruiting a new operational second-in-command for the carmaking alliance, company sources told Reuters, in a move designed to prepare his own succession and advance the companies' integration.