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North American companies boost spending on industrial robots: study

By Timothy Aeppel (Reuters) – North American companies increased spending on industrial robots in the second quarter, even as many businesses remained tight-fisted about other...

Greece says has had no request from Iranian oil tanker to...

ATHENS (Reuters) – Greece said on Tuesday it had not had a request for an oil tanker at the center of a row between...

Xiaomi posts 15% rise in second quarter revenue, below expectations

SHANGHAI (Reuters) – China’s Xiaomi Corp <1810.HK> reported a smaller-than-expected 15% growth in quarterly revenue on Tuesday as fewer people bought smartphones at...

Thai police seek three more suspects in Bangkok blasts

BANGKOK (Reuters) – Thai authorities issued arrest warrants on Tuesday for three more suspects linked to bomb attacks as the capital hosted a diplomatic...

Denmark’s Jyske Bank to charge wealthy clients for deposits

By Andreas Mortensen COPENHAGEN (Reuters) – Denmark’s Jyske Bank <JYSK.CO> will begin charging wealthy individuals for deposits instead of paying interest, it said on Tuesday,...

Huawei founder details ‘battle mode’ reform plan to beat U.S. crisis

By Sijia Jiang HONG KONG (Reuters) – China’s Huawei will spend more on production equipment this year to ensure supply continuity, cut redundant roles and...

Elanco to buy Bayer’s animal health unit for $7.6 billion

(Reuters) – Elanco Animal Health <ELAN.N> said on Tuesday it would buy Bayer’s <BAYGn.DE> veterinary drugs unit in a cash and stock deal valued...

UK factory slump eases a little in August: CBI

LONDON, Aug 20 (Reuters) – The downturn in British manufacturing eased off a little in August, although the slowdown in the global economy and...

Germany takes back four Islamic State children from Syria

BERLIN (Reuters) – Germany has for the first time allowed children whose parents were suspected members of Islamic State to return to Germany from...

China’s petrochemical expansion to overwhelm Japan, South Korea producers

By Chen Aizhu and Yuka Obayashi SINGAPORE/TOKYO (Reuters) – A massive surge in China’s manufacturing capacity for paraxylene, a petrochemical used to make textile fibers...