Google reportedly wants LG’s bendable displays for its next Pixel smartphone

Google Inc has offered to invest at least 1 trillion won ($880.29 million) to help South Korea’s LG Display Co Ltd boost output of organic light-emitting diode (OLED) screens for smartphones, the Electronic Times reported on Monday citing unnamed sources.The...

Bullard says Fed could end reinvestment policy this year

The U.S. Federal Reserve could begin winding down its massive balance sheet sometime later this year in a shift that would make it less necessary to raise the official funds rate, a central banker said on Monday. Talking to reporters in Australia, St. Louis Federal...

US regulator removes top examiner for Wells Fargo: sources

The most senior bank examiner for Wells Fargo has been removed by a U.S. regulator in the wake of the bank’s unauthorized accounts scandal, people familiar with the matter told Reuters this week. The Office of the Comptroller of the Currency, the lead regulator...

Fitch downgrades South Africa’s credit rating to “junk” status

Ratings agency Fitch downgraded South Africa’s credit rating to sub-investment grade on Friday, saying a recent cabinet reshuffle that saw respected finance minister dismissed will likely result in a change in economic policy direction. Fitch changed its outlook...

How a biotech start-up is making expensive wines without grapes

One of the top bucket-list items for wine connoisseurs is a chance to try one of the winning wines from the Judgment of Paris. The 1976 wine competition pitted California Chardonnays and red wines against French offerings. The world expected France to easily walk away...

4 Chinese-backed electric-car start-ups planning a run at Tesla

The electric vehicle market is currently dominated by Tesla Motors, which reached a market cap this week of $48 billion. But as EV sales grow — Tesla pulled in more than $7 billion in revenue last year and just had its best quarter — there are several EV...