CEO Zuckerberg says Facebook going through 'philosophical shift'

WASHINGTON/SAN FRANCISCO (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg told U.S. senators on Tuesday that the company was attempting to change in light of recent criticism, as he attempted to forestall any strict legislation aimed at the world's largest social network.

China's Ant ups fundraising target, valuation could hit $150 billion: sources

(Reuters) - China's Ant Financial Services Group is in talks with investors to raise at least $8 billion in its next planned round of funding, potentially valuing the company at about $150 billion ahead of an expected stock market floatation, people with knowledge of the plan said.

Rusal bonds slump, customers review contracts as U.S. sanctions bite

MOSCOW (Reuters) - Rusal's dollar bonds slumped to record lows, two major customers said they were reviewing their contracts, and the London Metal Exchange distanced itself from the aluminum giant on Tuesday, in the latest aftershocks from U.S. sanctions.

Sanctions expected to prevent Rusal from servicing Eurobond

MOSCOW (Reuters) - Rusal , the world's second largest aluminum producer, is unlikely to be able to pay a Eurobond coupon in May as a result of U.S. sanctions imposed on the Russian company last week, investors and analysts said.

Wall Street rises on easing China trade war fears

(Reuters) - U.S. stocks climbed on Tuesday as investor concerns about rising trade tensions between the United States and China eased after Chinese President Xi Jinping promised to cut import tariffs.

Exclusive: Rusal triggers Iran-style defense after U.S. sanctions - source

LONDON (Reuters) - Russian aluminum giant Rusal has activated a contingency plan asking customers to pay in euros instead of dollars to try to skirt round U.S. sanctions, a source close to the matter said.

Chevron's pay for former CEO Watson rose slightly in 2017

HOUSTON (Reuters) - U.S. oil producer Chevron Corp said on Tuesday that compensation for former Chief Executive John Watson rose less than 1 percent last year.

Icahn to sell Federal-Mogul to Tenneco for $5.4 billion

(Reuters) - Activist investor Carl Icahn said on Tuesday he was selling auto parts maker Federal-Mogul to Tenneco Inc in a $5.4 billion deal, unloading an investment he has held for nearly two decades and picking up a new stake in Tenneco.

T-Mobile, Sprint restart merger talks: source

(Reuters) - T-Mobile US Inc is engaged in a new round of talks to acquire Sprint Corp , a person familiar with the matter said on Tuesday, the latest effort to combine the third and fourth largest U.S. wireless carriers.

China's Xi renews vow to open economy, cut tariffs as U.S. trade row deepens

BOAO/BEIJING, China (Reuters) - Chinese President Xi Jinping promised on Tuesday to open the country's economy further and lower import tariffs on products like cars, in a speech seen as an attempt to defuse an escalating trade dispute with the United States.

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