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January 15, 2019 7:48 PM Exclusive: Brazil's Odebrecht offers debt-for-equity swap for Atvos unit

SAO PAULO (Reuters) - Corruption-ensnared Odebrecht SA [ODBES.UL] has proposed that creditors take over its sugar and ethanol unit, Atvos Agroindustrial Participacoes SA, in exchange for reducing Odebrecht’s huge debt load, according to two sources with knowledge of the matter. The move is the latest sign of the radical way in which Brazilian conglomerate 2277

January 8, 2019 4:12 PM The most noteworthy deals from Amazon's Cyber Monday sale

Last year, Amazon announced that Cyber Monday was its single biggest shopping day of all time. And we're pretty sure it's an indication that this year, you won't want to be the one who misses out on the unbeatable deals. While a lot of Black Friday doorbusters actually require waiting hours in line or navigating through hoards of people to fight over limited 452

January 8, 2019 4:00 PM Save big on your fall and winter wardrobe with these top Black Friday clothing sales

Black Friday is probably best known for major deals on appliances, tech products and gifts for the upcoming holidays. But Black Friday is also a great opportunity to stock up on brand-new items for your wardrobe. Practically every major retailer is offering discounted prices this week on its fall and winter goods, including boots, warm outerwear, cozy sweaters 101

January 7, 2019 2:14 PM Ford plans new wireless tech for cars starting 2022

(Reuters) - Ford Motor Co (F.N) said on Monday it plans to roll out a wireless technology for its new vehicle models in the United States, starting 2022, that will allow direct communication between connected devices. The new technology called C-V2X, or cellular vehicle-to-everything,  would augment sensors used in self-driving cars making the vehicle's 109

December 23, 2018 3:34 PM Tesla cuts Model 3 prices in China

BEIJING (Reuters) - Tesla Inc has slashed prices on its Model 3 electric car in China. According to the California-based electric carmaker’s Chinese website, prices of certain Model 3 cars were cut by up to 7.6 percent. The starting price for a Model 3 in China now is 499,000 yuan ($72,000). It was the third time in the last two months that Tesla has adjusted 140

December 21, 2018 1:40 PM Court forces Apple to stop selling older iPhones in Germany

Apple will reportedly stop selling older iPhones in Germany after a local court ruled that the company's products had infringed on a Qualcomm patent. Apple will pull iPhone 7 and iPhone 8 models from the company's 15 retail stores in Germany, the company told Reuters. "We are of course disappointed by this verdict and we plan to appeal," Apple said. On Thursday 123

December 14, 2018 10:38 PM Intel, TPG in early talks to sell McAfee to Thoma Bravo: source

(Reuters) - Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp, a source familiar with the matter said on Friday. Talks are at an early stage and there is no guarantee they will lead to a deal, the source said. The talks were reported earlier by CNBC. Intel and TPG declined to comment 120

December 13, 2018 6:41 PM Qualcomm to file suits in Chinese courts to ban iPhone XS, XR sales

(Reuters) - Chipmaker Qualcomm Inc (QCOM.O) is asking courts in China to ban sales of Apple Inc’s (AAPL.O) latest iPhone models XS and XR after winning a preliminary injunction against older models, the company confirmed on Thursday. On Monday, a Chinese court had ordered a sales ban of some older Apple iPhone models for violating two patents of Qualcomm 117

December 13, 2018 6:08 PM South Africa's Aspen strikes distribution deal with U.S. drugmaker Mylan

JOHANNESBURG (Reuters) - Aspen Pharmacare has struck a deal with U.S. generics maker Mylan to distribute a portfolio of prescription and over-the-counter drugs in Australia and New Zealand. The arrangement by Aspen Global Incorporated and its Australian subsidiaries includes an option for Mylan to buy the portfolio for approximately 188 million Australian 107

December 13, 2018 2:24 PM Advocacy group drafts U.S. privacy bill as effort grows to make law next year

WASHINGTON (Reuters) - A consumer advocacy group backed by large American technology companies on Thursday unveiled a U.S. privacy bill that strictly limits collection of biometric and location information and calls for punishment by fines, as Congress weighs nationwide regulation to supersede new California rules. The Washington-based Center for Democracy 109