SYDNEY (Reuters) — Australia’s largest telecom firm Telstra Corp Ltd said it would cut a quarter of its workforce and flagged asset sales on Wednesday, as competition and new technology crush its mainstay fixed-line businesses and force a strategic reset.
TOKYO (Reuters) - Flea market app operator Mercari Inc's shares were untraded with a glut of buy orders in their Tokyo stock market debut on Tuesday morning, underscoring strong investor appetite for a rare Japanese unicorn.
(Reuters) - Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet company's efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
WASHINGTON (Reuters) - U.S. Secretary of State Mike Pompeo on Monday slammed China's trade practices as "predatory economics 101" and said statements by Beijing in recent weeks that it was moving to open its economy were "a joke."
(Reuters) - Video game and electronics retailer GameStop Corp is holding talks with private equity firms about a potential transaction after receiving buyout interest, people familiar with the matter said on Monday.
BRUSSELS (Reuters) - It is too early to judge Google's reforms in response to an antitrust case over online shopping, though there are signs some rivals are benefiting, Europe's competition chief said on Monday.
SYDNEY (Reuters) - Chinese telecoms equipment maker Huawei Technologies refuted Australian claims it poses a security risk, calling the criticism "ill-informed" in an open letter on Monday that threatens to inflame already heightened Sino-Canberra tensions.
SYDNEY (Reuters) - Chinese telecommunications company Huawei Technologies Co Ltd [HWT.UL] has gone on the offensive against Australian claims it poses a security risk, issuing an open letter to the government saying that view was "ill-informed."
(This version of the story has been refiled to add dropped letter in name in paragraph 10)
JOHANNESBURG (Reuters) - The Chief Executive of South African insurer Liberty Holdings said its customers did not appear to have suffered any financial losses after the company reported earlier on Sunday that it had become the victim of a cyber attack.