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Analysis: Uber reviews India leasing scheme as driver incomes drop - sources

NEW DELHI Global ride-hailing firm Uber Technologies is rethinking its car leasing strategy in India, its second-biggest market, as drivers have returned dozens of leased cars early after the company cut incentives, people familiar with the matter told Reuters. | Video

Recent Technology News

Free WiFi and meditation as airlines grapple with laptop ban

ISTANBUL/DUBAI Turkish and Gulf airlines are touting free WiFi and better in-flight connectivity for smart phones as they scramble to mitigate the impact of a ban on laptops in plane cabins bound for the United States.

Aerospace & Defence 24 Mar 2017

How Thrivent hopes to grow beyond its base of religious investors

NEW YORK Little-known Thrivent Financial, a Minneapolis-based asset manager that offers financial services to Lutherans, is hoping its recent streak of outperformance will make it stand apart at a time when steep investor outflows are prompting a wave of mergers throughout the mutual fund industry.

24 Mar 2017

Samsung Elec rejects calls for holding company structure, for now

SEOUL Samsung Electronics Co Ltd on Friday said it will not adopt a holding company structure for now, rejecting demands from U.S. activist hedge fund Elliott Management and putting off a long-anticipated restructuring.

Budget 2017, Business, 24 Mar 2017

Toshiba decides on Westinghouse bankruptcy, sees $9 billion in charges - sources

TOKYO Japan's Toshiba Corp has informed its main lenders it is planning for U.S. nuclear unit Westinghouse Electric Co LLC to file for bankruptcy on March 31, people briefed on the matter said on Friday.

Budget 2017, Business, Japan 24 Mar 2017

Chinese selfie app firm Meitu reduces loss, aims for expansion abroad

HONG KONG Chinese photo app owner and mobile phone maker Meitu Inc's net loss last year was down by 24 percent, the company reported on Friday, in its first results since its shares made their market debut in Hong Kong in December.

24 Mar 2017

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