Apple to cut iPhone production in Jan-March quarter: Nikkei

(Reuters) - Apple Inc will trim production of iPhones by about 10 percent in the January-March quarter, the Nikkei financial daily reported, citing calculations based on data from suppliers.

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Continental CEO says jobs will be lost in shift to electric cars

FRANKFURT (Reuters) - The shift to electric vehicles will cost jobs at German automotive supplier Continental, its chief executive told a newspaper, but he said many of those jobs would be offset by new positions related to electro-mobility.

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Foxconn joint venture to invest $8.8 billion to build new LCD plant in China

BEIJING (Reuters) - A joint venture of Hon Hai Precision Industries , known as Foxconn, and Sharp said on Friday it plans to invest 61 billion yuan ($8.8 billion) to build a new factory in China to produce liquid-crystal displays (LCDs).

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How ties to an 'equestrian princess' landed Samsung at center of a scandal

SEOUL (Reuters) - Samsung Electronics Co's sponsorship of the equestrian-athlete daughter of a long-time friend of President Park Geun-hye has helped to land South Korea's top company in the center of the country's influence-peddling scandal.

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China's Midea receives U.S. green light for Kuka takeover

FRANKFURT (Reuters) - China's Midea said it will complete its takeover of German robotics maker Kuka in the first half of January after the United States authorities gave the deal a green light.

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Silicon Valley's obscure unicorns could boost 2017 IPO market

(Reuters) - Social media firm Snap Inc may be the highest profile tech IPO planned for 2017, with the potential to raise billions.

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China's Huawei sees 32 percent jump in 2016 revenue

(Reuters) - China's Huawei Technologies Co Ltd [HWT.UL], one of the world's largest telecom equipment makers, said on Friday it expects to record a 32 percent jump in revenue for 2016, thanks to a strong performance across its business platforms.

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U.S. evicts Russians for spying, imposes sanctions after election hacks

HONOLULU/WASHINGTON (Reuters) - President Barack Obama on Thursday ordered the expulsion of 35 Russian suspected spies and imposed sanctions on two Russian intelligence agencies over their involvement in hacking U.S. political groups in the 2016 presidential election.

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Amazon looks to the sky to store products

(Reuters) - Amazon.com Inc has filed for a patent to use airships to store products and serve as a base for delivery-drones.

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Battered Toshiba out of easy options to plug nuclear hole

TOKYO (Reuters) - Faced with the prospect of a multi-billion-dollar writedown that could wipe out its shareholders' equity, Japan's Toshiba is running out of fixes: it is burning cash, cannot issue shares and has few easy assets left to sell.

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Toshiba tumbles for third day as second downgrade fans writedown fears

TOKYO (Reuters) - Shares in Toshiba fell more than 19 percent in morning trade on Thursday, clocking a third day of heavy losses after the Japanese tech-to-nuclear conglomerate said earlier this week it faced a potential multi-billion dollar writedown.

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China tech giant LeEco in talks on $1.4 billion support, starts e-car plant

SHANGHAI (Reuters) - Cash-strapped Chinese technology conglomerate LeEco is in talks on securing a 10 billion yuan ($1.4 billion) deal with an unnamed strategic investor, its listed unit said.

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Trump says Sprint, OneWeb to create 8,000 U.S. jobs

PALM BEACH, Fla. (Reuters) - U.S. President-elect Donald Trump on Wednesday said telecommunications group Sprint Corp and a U.S. satellite company OneWeb will be bringing 8,000 jobs to the United States, celebrating the moves as a result of optimism associated with his election.

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