US tech industry fought to keep ties to Russia spy service, despite hacking charges

As U.S. officials investigated in January the FSB’s alleged role in election cyberattacks, U.S. technology firms were quietly lobbying the government to soften a ban on dealing with the Russian spy agency, people with direct knowledge of the effort told Reuters....

Sony resumes vinyl records production in Japan

Sony Music is moving the needle on the way it produces music as demand for vinyl records continues to grow in Asia. From early-2018, the global record label is to resume in-house vinyl production at a Japanese factory in Tokyo. The launch marks almost three decades...

Euro zone inflation eases less than expected, core measure up

The European Union’s statistics office Eurostat estimated that consumer prices in the 19 countries sharing the euro rose 1.3 percent year-on-year in June, decelerating form 1.4 percent in May and 1.9 percent in April. But economists polled by Reuters had...

India’s set to roll out its biggest tax reform in 70 years. Here’s what it means

One of India’s most ambitious economic reform plans in 70 years will ultimately boost tax receipts and provide simplicity for businesses, but the true impact may not be felt for at least a decade due to implementation challenges, experts said. After several...

Family businesses share secrets of their success

In many family-run businesses, younger generations often grow up around the business without being directly involved in business operations until much later. Anderson Tanoto, a director at family-run resources giant RGE (Royal Golden Eagle), told CNBC he frequently...

Op-Ed: Why Donald Trump can’t seem to make deals in Washington

Donald Trump is proud of his reputation as a master dealmaker. Congressional Republicans even like to bring it up to flatter him. “He comes from the private sector where your business partner today isn’t always your business partner tomorrow,” Rep....