Regions
Politics intrude as cybersecurity firms hunt foreign spies
The $71 billion cybersecurity industry is fragmenting along geopolitical lines as firms chase after government contracts, share information with spy agencies, and market themselves as protectors against attacks by other nations.
China's SAIC Motor, Alibaba to invest $160 million in Internet-connected cars
Chinese auto maker SAIC Motor Corp Ltd said on Thursday it would join forces with e-commerce giant Alibaba Group Holding Ltd to invest 1 billion yuan ($160 million) in a fund to develop Internet-connected cars.
Holcim, Lafarge in talks to renegotiate merger terms: FT
Swiss company Holcim (HOLN.VX) and French cement group Lafarge (LAFP.PA) are in talks to renegotiate the terms of their 41 billion euro merger after a divergence in the value of the two companies over the past year, the Financial Times reported.
U.S. Fed slashes dividend plans of large Wall Street banks
Three major U.S. Wall Street banks had to scale back planned investor payouts after an annual check-up by the Federal Reserve, and two foreign banks failed the test altogether, a sign the Fed is keeping a tight lid on Wall Street.