BEIJING (Reuters) - China on Friday issued a plan to further open the country’s service sector, proposing to lift foreign equity ratio restrictions for app store services.China’s move to lure more foreign investment into its burgeoning services sector comes as government officials pledge to take steps to boost services consumption to support the economy amid rising trade tensions with the Unit ...
(Reuters) -Alphabet’s Google (NASDAQ:GOOGL) plans to appeal against the "adverse" portion of the court decision in the U.S. Department of Justice’s monopoly case against the technology giant.On Thursday U.S. District Judge Leonie Brinkema found Google liable for "willfully acquiring and maintaining monopoly power" in markets for publisher ad servers and ad exchanges.Publisher ad servers are pl ...
(Reuters) -Some companies have said they are looking at expanding their presence or setting up shop in the United States to mitigate the impact of President Donald Trump’s sweeping tariffs.Below are some of the plans companies have flagged.BARRY CALLEBAUTThe chocolate maker is planning to increase its U.S.-based production to fend off effects of the "disruptive environment", its CEO said on Apri ...
By Lisa Barrington, Sophie Yu, Dan Catchpole and Tim Hepher(Reuters) -A Boeing (NYSE:BA) jet earmarked for China was returning to the United States on Friday, flight tracking data showed, as the planemaker’s flagship delivery plant outside Shanghai was drawn into a deepening tariff war between Beijing and Washington.The return of one of several jets waiting for final work and handover to a Chine ...