Wires

  • SAN FRANCISCO, Sept 27- With its recent acquisition of self-driving truck startup Otto, Uber Technologies Inc. is plotting its entry into the long-haul trucking business, aiming to establish itself as a freight hauler and a technology partner for the industry. Otto plans to expand its fleet of trucks from six to about 15 and is forging partnerships with...

  • The safe haven asset slid nearly 1 percent on Tuesday, its biggest single session percentage loss since Aug. 30, as investors viewed that Democrat Hillary Clinton had won the first U.S. president debate against Republican rival Donald Trump, boosting the appetite for riskier assets like equities. Spot gold fell 0.2 percent to $1,324.71 an ounce by 0430 GMT on...

  • SHANGHAI, Sept 28- China's yuan dipped on Wednesday but was little changed from the previous session ahead of week-long holidays. The People's Bank of China set the midpoint rate at 6.6681 per dollar prior to the market open, weaker than the previous fix of 6.6646. "Additional demand for the Chinese yuan will amount to $31 billion, which is a drop in the ocean of...

  • RICHMOND, British Columbia/ KUALA LUMPUR, Sept 28- M alaysia's Petronas said on Wednesday that it would review a proposed C $11 billion liquefied natural gas plant in western Canada that was approved by Ottawa following a three-year wait. Many analysts are skeptical the project will proceed, with the green light from Prime Minister Justin Trudeau's Liberal...

  • SHANGHAI, Sept 28- China stocks sagged on Wednesday in thin trading, as investors' risk appetite continued to wane ahead of the week-long National Day holiday that starts on Oct 1. Hong Kong shares followed Asian markets lower, giving back some of Tuesday's gain, that partly stemmed from assessments that Democrat Hillary Clinton won the first presidential...

  • No university does that better than Stanford University, which once again tops the Reuters 100. Decade after decade, Stanford's students and faculty consistently innovate. A 2012 study by the university estimated that all the companies formed by Stanford entrepreneurs generate $2.7 trillion in annual revenue, which would be equivalent to the 10th largest...

  • No university does that better than Stanford University, which once again tops the Reuters 100. Decade after decade, Stanford's students and faculty consistently innovate. A 2012 study by the university estimated that all the companies formed by Stanford entrepreneurs generate $2.7 trillion in annual revenue, which would be equivalent to the 10th largest...

  • TOKYO— Uber, which has struggled to win Japan over to its ride-sharing service, is hoping to fare better with takeout deliveries. UberEats opens Thursday, initially just in central Tokyo, ranging from simple dishes costing just hundreds of yen to Michelin- star dining at the equivalent of hundreds of dollars. Japan is the eighth nation, and Tokyo the 34th city, for...

  • SINGAPORE, Sept 28- Chicago soybean futures eased on Wednesday, falling for three out of four sessions on expectations dry weather in the days ahead will boost U.S. harvest which has been hit by heavy rains. Chicago Board of Trade most-active soybean contract lost 0.3 percent to $9.49-1/ 2 a bushel by 0357 GMT, after gaining 0.8 percent on Tuesday.

  • ORANJESTAD, Sept 27- Aruba's parliament late on Tuesday approved a law that permits the reactivation of the Caribbean island's 235,000 barrel-per-day refinery, operated by Citgo Petroleum, the U.S. unit of cash-strapped Venezuelan state oil company PDVSA. The president of Aruba's parliament, Mervin Wyatt-Ras, called it an "historic meeting" after the two-day...

  • BEIJING— Major Asian stock markets were lower Tuesday after investors were reassured by trade-friendly Hillary Clinton's performance in a U.S. presidential debate with rival Donald Trump. KEEPING SCORE: Tokyo's Nikkei 225 index fell 1.5 percent to 16,426.61 and Hong Kong's Hang Seng lost 0.6 percent to 23,440.18. ANALYST'S TAKE: "The strong performance by...

  • No university does that better than Stanford University, which once again tops the Reuters 100. Decade after decade, Stanford's students and faculty consistently innovate. A 2012 study by the university estimated that all the companies formed by Stanford entrepreneurs generate $2.7 trillion in annual revenue, which would be equivalent to the 10th largest...

  • No university does that better than Stanford University, which once again tops the Reuters 100. Decade after decade, Stanford's students and faculty consistently innovate. A 2012 study by the university estimated that all the companies formed by Stanford entrepreneurs generate $2.7 trillion in annual revenue, which would be equivalent to the 10th largest...

  • ST. LOUIS, United States- Federal Reserve Bank of St. Louis President James Bullard gives welcome remarks before the Community Banking in the 21st Century Conference hosted by the Federal Reserve Bank of St. Louis- 1415 GMT. ST. LOUIS, United States- Federal Reserve Bank of Chicago President Charles Evans speaks before the Community Banking in the 21st Century...

  • GUANICA, Puerto Rico— Puerto Ricans are buying rice produced on the island for the first time in nearly 30 years. Agriculture is a small part of the economy in Puerto Rico, well behind manufacturing, finance and tourism. Congress gave the territory some breathing room in June with legislation to enable the restructuring of what the governor has called its "...

  • Sears is betting on its Shop Your Way loyalty plan, which offers points and tailored deals to members, as the company looks to revive sales. The program, Rider Rewards, is currently available in Chicago and New York City, and will be rolled out nationally soon, the companies said. While new drivers who sign up to drive with Uber through Shop Your Way will get up to $1,000...

  • *India's tax collection stats: http://tmsnrt.rs/2cZrqXB. *India's tax arrears mount: http://tmsnrt.rs/1SFMitS. NEW DELHI, Sept 28- The Indian government has sent out about 700,000 notices to suspected tax evaders to coax them to declare hidden income and assets, promising they won't be pursued by the authorities if they pay a penalty now to clear their name.

  • SHANGHAI, Sept 28- China's economy is expected to grow at an annual 6.6 percent in the fourth quarter and post overall growth of 6.7 percent for the full year, the China Academy of Social Sciences said. The predictions by CASS, a top think-tank that advises the government, were published by the official Shanghai Securities Journal newspaper on Wednesday, and were...

  • MEXICO CITY, Sept 27- U.S. networking equipment maker Cisco Systems Inc plans more than $4 billion worth of expansion in Mexico between 2016 and 2018, the Mexican government said on Tuesday. Cisco's Chief Executive Officer Chuck Robbins made the announcement during a meeting with Mexican President Enrique Pena Nieto, the government said in a statement.

  • TOKYO, Sept 28- Asian stocks were mostly lower on Wednesday, with European banking sector concerns and lower crude oil prices dulling investors' appetite for riskier assets. Equities in Asia had gained the previous day on a perceived win by Democrat Hillary Clinton at the first presidential debate over Republican Donald Trump, who is seen as creating greater...