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Growth fears grip world markets ahead of Fed meeting
World stock markets, the U.S. dollar and oil prices tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. Federal Reserve looks set this week to deliver its fourth interest rate hike of the year.

Kroger starts use of unmanned vehicles for delivery in Arizona
U.S. supermarket chain Kroger Co said on Tuesday it has started using unmanned autonomous vehicles to deliver groceries Scottsdale, Arizona in partnership with Silicon Valley startup Nuro.

Renault-Nissan leaders to meet amid alliance crisis
The head of Nissan and acting CEO of Renault will hold talks during a two day meeting of their carmaking partnership starting on Tuesday, sources said, amid a crisis in relations sparked by the arrest of long-time alliance supremo Carlos Ghosn.

Oil drops 4 percent on oversupply, equities sell-off
Oil prices fell 4 percent on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in stock markets as the outlook for global growth deteriorated.

Huawei to spend $2 billion over five years in cybersecurity push
Huawei Technologies [HWT.UL] on Tuesday said it would spend $2 billion over the next 5 years to focus on cybersecurity by adding more people and upgrading lab facilities, as it battles global concerns about risks associated with its network gear. The typically secretive Chinese technology giant made the comments at one of its most indepth press conferences at its Dongguan offices, after welcoming about two dozen international journalists into its new campus in the southern

Twitter tumbles on concerns about hacking activity
Twitter Inc shares fell almost 7 percent on Monday after the company said it was investigating unusual traffic that might be from state-sponsored hackers and, in what appeared to be an unrelated issue, a security firm said hackers used the platform to try to steal user data.

Indian regulator says Reuters report on J&J baby powder 'under consideration'
India's federal drug regulator said on Tuesday a Reuters report that Johnson & Johnson knew for decades that cancer-causing asbestos lurked in its baby powder was "under consideration".

Malaysia says Goldman Sachs failed to disclose key facts in 1MDB bond sales
Goldman Sachs Group Inc made untrue statements and omitted key facts in offering circulars for the bonds it sold for Malaysian state fund 1MDB, the Malaysian government said in criminal charges against the U.S. bank.

Cash-strapped South African Airways expands Emirates code sharing
South African Airways (SAA) said on Tuesday that it had signed a deal with Emirates [EMIRA.UL] to expand an existing codeshare agreement, in a rare bright spot for the cash-strapped airline.

Italy's UniCredit settles dispute with Caius
British hedge fund Caius has made a payment to UniCredit to settle a dispute over complex financial instruments which Italy's biggest bank counts toward its core capital, the two companies said.

 

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