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Business

'Small-town kids' shape future of China's consumption

XINXIANG, China (Reuters) - The bright lights of Beijing or Shanghai have never held much allure for Wu Tongxu, a 24-year-old civil servant earning a modest salary in the nondescript city of Xinxiang in China's central Henan province.

Finance

Credit Suisse posts first-quarter profit beat as revamp hits home stretch

ZURICH (Reuters) - Credit Suisse on Wednesday reported a 16.4 percent year-on-year rise in first-quarter net income, its best quarter since Chief Executive Tidjane Thiam launched a three-year...

Business

Ford hopes China easing will speed up Zotye venture approval

BEIJING (Reuters) - Ford Motor Co's Asia head said on Wednesday he hoped recent Chinese moves to relax ownership rules in the country's auto market would speed up regulatory approval for its electric vehicle joint venture with local firm Zotye Automobile

Science

First polar bear born in the tropics dies at 27 in Singapore zoo

SINGAPORE (Reuters) - Singapore on Wednesday mourned the death of the first polar bear born and bred in the tropical island city, put down by wildlife authorities after a five-year battle with health difficulties stemming from old age.

Business

SoftBank to move ride-hailing stakes worth $20 billion to Vision Fund: FT

(Reuters) - Japan's SoftBank Group plans to shift more than $20 billion of its investments in top ride-hailing companies including Uber Technologies Inc [UBER.UL], Ola, Grab and Didi Chuxing into its Saudi-backed Vision technology fund, the Financial Tim

Top News

Trump's travel ban faces Supreme Court reckoning

WASHINGTON (Reuters) - President Donald Trump's administration goes before the U.S. Supreme Court on Wednesday to defend the legality of his travel ban targeting people from several Muslim-majority countries, one of the most contentious actions of his pre

Technology

Amazon.com plays catch-up in Brazil as local rivals thrive

SAO PAULO (Reuters) - Claudia Maria de Oliveira is leery of online shopping. But while browsing social media recently, the 49-year-old Brazilian spotted a bargain-priced sandwich press from local retailer Magazine Luiza SA.

United States

Supreme Court's last argument is over Trump travel ban

The Supreme Court is saving one of its biggest cases for last.

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