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Trump to ramp up trade pressure on China with call for probe on Monday

WASHINGTON, Aug 12 President Donald Trump on Monday will order his top trade adviser to determine whether to investigate Chinese trade practices that force U.S. firms operating in China to turn over intellectual property, senior administration officials said on Saturday.

Currencies, Markets 2:30pm EDT

India's Reliance Communications posts third consecutive quarterly loss

MUMBAI, Aug 12 Indian telecoms carrier Reliance Communications (RCom) posted its third straight quarterly loss on Saturday as its heavy debt load and a price war triggered by an upstart rival continued to weigh on sales and profit.

Energy, 10:28am EDT

Laptops stolen from South Africa's competition watchdog - statement

JOHANNESBURG, Aug 12 Thieves have broken into the offices of South Africa's Competition Commission, making off with laptop computers, the watchdog said on Saturday. It is the latest in a series of high-profile burglaries targeting law enforcement bodies.

9:19am EDT

Japan GPS satellite launch postponed due to glitch

TOKYO, Aug 12 Japan on Saturday postponed the planned launch of an H-2A rocket tasked to put a geo-positioning satellite into orbit due to possible helium gas leakage, Mitsubishi Heavy Industries Ltd (MHI) said.

Industrials, 6:36am EDT

UPDATE 3-Trump to call for China IT trade probe on Monday -Politico

WASHINGTON, Aug 11 U.S. President Donald Trump will call on Monday for his chief trade adviser to investigate China's intellectual property practices, website Politico reported, citing an unnamed administration official.

Technology
Visa Inc $100.09 +0.60%
Oracle Corp $48.24 +0.29%
Mastercard Inc $128.55 +0.69%

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