China’s Didi sets $10 million fund for drivers who test positive for coronavirus

By Julia Love MEXICO CITY (Reuters) – Chinese ride-hailing company Didi Chuxing told Reuters on Thursday…

KPMG audit finds no manipulation in Wirecard’s financial statements

(Reuters) – Wirecard AG <WDIG.DE> said on Thursday auditing firm KPMG did not find any discrepancies…

Broadcom withdraws 2020 revenue forecast on coronavirus worries

(Reuters) – Broadcom Inc withdrew its revenue forecast for 2020 on Thursday, joining a host of…

Oracle’s cloud push powers quarterly profit, revenue beat

By Neha Malara (Reuters) – Growth in cloud business helped Oracle Corp top quarterly profit and…

Slack shares slump on soft outlook, slower growth

By Bharath ManjeshR (Reuters) – Workplace communication platform Slack Technologies Inc forecast a soft revenue outlook…

Italian antitrust watchdog probes Amazon, eBay over price spikes in virus crisis

MILAN (Reuters) – Italy’s antitrust watchdog said on Thursday it was investigating e-commerce giants Amazon and…

Trump signs law to prevent U.S. rural telecom carriers from using Huawei network equipment

By David Shepardson WASHINGTON (Reuters) – President Donald Trump signed legislation on Thursday to bar telecom…

Verizon raises 2020 capital expenditure in 5G push

(Reuters) – Verizon Communications Inc on Thursday raised its full-year capital expenditure as it accelerates its…

French watchdog to fine Apple over anti-competitive behaviour, sources say

By Mathieu Rosemain PARIS (Reuters) – France’s competition watchdog is set to fine iPhone maker Apple…

U.S. senators seek to ban federal employees from using TikTok on their phones

By Nandita Bose WASHINGTON (Reuters) – Two Republican senators on Thursday introduced a bill aimed at…

Volkswagen plans to tap electric car batteries to compete with power firms

BERLIN (Reuters) – Volkswagen’s <VOWG_p.DE> expansion in electric cars will open up new business opportunities in…

U.S. lawmakers seek to curb Huawei’s access to U.S. banks: document

By Alexandra Alper WASHINGTON (Reuters) – U.S. lawmakers plan to unveil a bill on Thursday that…