U.S. Treasury chief says TikTok cannot continue in present form

[ad_1] WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Monday that Chinese-owned short video app TikTok cannot continue in its present form collecting data on Americans on a…

EXCLUSIVE-Auto service company Monro pushed by activist Ides to make changes

[ad_1] (Adds share reaction, background on company) Nov 24 (Reuters) – Monro Inc, an operator of U.S. car service and tire centers, is under pressure from an activist investor to…

Latest COVID-19 measures to cost 30 billion pounds, UK finance ministry says

[ad_1] FILE PHOTO: Britain’s Chancellor of the Exchequer Rishi Sunak leaves Downing Street, in London, Britain July 8, 2020. REUTERS/Hannah Mckay LONDON (Reuters) – New measures to help Britain’s economy…

S.Korea shares close at record high on chip, auto boost

[ad_1] * KOSPI hits record closing high, foreigners net buyers * KRW ends at strongest close since June 2018 vs USD * South Korea benchmark bond yield rises * For…

New U.S. tariffs on French, German aircraft parts, wines to start Tuesday

[ad_1] By Andrea Shalal, David Lawder WASHINGTON (Reuters) – The U.S. government on Monday said it would begin collecting new duties on aircraft parts and other products from France and…

UK car sales drop by more than a quarter amid lockdown

[ad_1] FILE PHOTO: Toyota cars at a dealership in West London are pictured as it remains closed during lockdown following the outbreak of the coronavirus disease (COVID-19), London, Britain, May…

UPDATE 1-Sky Italia CEO Ibarra to step down – internal memo

[ad_1] (Adds more detail) MILAN, April 20 (Reuters) – Maximo Ibarra is to step down as chief executive of pay-TV service Sky Italia and will leave the company owned by…

Honda’s UK output to resume on Monday after parts delays

[ad_1] FILE PHOTO: A lorry with car carrier trailer leaves the Honda car plant in Swindon, Britain, February 18, 2019. REUTERS/Eddie Keogh/File Photo LONDON (Reuters) – Honda said car production…

UPDATE 1-Digital growth during pandemic bolsters Reach Plc’s 2020 performance, shares soar

[ad_1] (Adds details from statement, background, shares) Nov 27 (Reuters) – Daily Mirror publisher Reach Plc said on Friday its performance for the current fiscal year was above market expectations,…

Top FCA, PSA investors tighten grip as merger approaches

[ad_1] MILAN/LONDON (Reuters) – Top shareholders in merging carmakers Fiat Chrysler (FCA) and Peugeot maker PSA have moved to tighten their grip on the combined business and head off any…