South Korea court says Uber violated transport law, latest setback for U.S. firm

SEOUL (Reuters) - A South Korean court on Wednesday ruled that the ride-hailing group Uber Technologies Inc [UBER.UL] illegally used private vehicles for commercial purposes, in the latest legal setback for the U.S. firm in Asia's fourth biggest econom...

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Trump tax plan will sharply slash corporate tax rates

WASHINGTON (Reuters) - U.S. President Donald Trump is proposing to slash the corporate income tax rate and offer multinational businesses a steep tax break on overseas profits brought into the United States, officials said late on Tuesday.

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Asian stocks hover near two-year highs on U.S. optimism, euro steady

HONG KONG (Reuters) - Asian stocks extended gains for a fifth consecutive day on Wednesday, as renewed optimism about the world's biggest economy brightened the outlook for risk assets while the euro held on to previous gains as political concerns in F...

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Automakers ask California to ease rules for self-driving car tests

WASHINGTON (Reuters) - Automakers on Tuesday urged the state of California to further ease its proposed regulations for autonomous vehicles, saying the state did not respond to their earlier objections by making enough revisions to its planned set of r...

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