Markets

REUTERS: US tech giants including Alphabet's Google are considering alternatives to Hong Kong as a global data hub after US officials upended plans for a trans-pacific internet link to the territory, the Wall Street Journal reported on Friday citing people familiar with the matter. Google did not ...

U.S. tech giants including Alphabet Inc's Google are considering alternatives to Hong Kong as a global data hub after U.S. officials upended plans for a trans-pacific internet link to the territory, the Wall Street Journal reported https://www.wsj.com/articles/tech-giants-seek-hong-kong ...

Uber Technologies Inc and Lyft Inc, the two leading U.S. ride-hailing companies, are on divergent paths as Uber pours money into money-losing side businesses while smaller rival Lyft focuses on moving people around.

U.S. job growth accelerated in January, with unseasonably mild temperatures boosting hiring in weather-sensitive sectors, indicating the economy will probably continue to grow moderately despite a deepening slump in business investment.

A "moderately" expanding U.S. economy was slowed last year by a manufacturing slump and weak global growth, but key risks have receded and the likelihood of recession has declined, the U.S. Federal Reserve said in its latest monetary policy report to the U.S. Congress.

U.S. Vice President Mike Pence on Friday declined to endorse an unusual suggestion from U.S. Attorney General William Barr that the United States consider taking control of two major foreign rivals of China-based Huawei Technologies Co Ltd.

Spain's ultra-conservative Vox party has filed a criminal complaint in a Spanish court against Twitter, alleging the social media company violated its basic rights by blocking it from tweeting, Vox said on Friday.

The chief executive of Sweden's Ericsson will meet German Chancellor Angela Merkel next week, a government spokesman said on Friday, amid debate in Berlin over how best to regulate foreign providers of telecoms equipment.

Mediaset will submit revised plans to merge its Italian and Spanish broadcasting units under a Dutch entity to authorities in the Netherlands, securing a six-month extension to complete the project, two sources familiar with the matter said.

European Union leaders and institutions went into a frenzy of meetings this week to start the toughest job the bloc faces this year: agreeing on a seven-year budget that for many is the most tangible sign of what a united Europe will look like after Brexit.