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December, 11, 2016

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Business
U.S. President Barack Obama on Friday moved to block a Chinese company's purchase of German semiconductor equipment maker Aixtron by rejecting the inclusion of Aixtron's U.S. business in the deal.
 
Starbucks' Schultz to step down as CEO
Starbucks Chairman Howard Schultz is stepping down as CEO of the coffee chain he joined more than 30 years ago and transformed into a global brand.
 
China market embraces Christmas
A woman and a child pose for a souvenir photo near a Christmas lights decoration on display outside an office building in Beijing, Thursday, Dec. 1. Although Christmas is not traditionally celebrated in China, a growing number of businesses are trying to whirl up some holiday spirit -- and shopping.
 > China
 
What to expect from mobile shopping
Shoppers buying on their phones this holiday season will see new ways stores are making it easier and faster as they try to lock in sales before people swipe to the next site.
 
Airbnb will start enforcing limits to private home rentals in two popular European cities on the home-sharing platform, London and Amsterdam, the company said Thursday.
 
World stocks fell Friday in nervy trade before Italy's crunch referendum and Austria's elections, amid fears that both could send shockwaves reverberating across markets.
 
Danish prosecutors have charged the Dutch company behind the ride-sharing service Uber with "helping to commit illegalities" after an appeals court last month upheld a conviction against a driver for violating Denmark's taxi laws.
 
No such place
This photo taken in Portland, Oregon, Thursday, Dec. 1 shows a coffee travel mug that Seattle-based coffee chain Starbucks has introduced bearing sketches of notable Oregon landmarks, including Crater Lake National Park, food carts in Portland and Ashland's Shakespeare Festival.
 
Princess Cruise Lines will pay a US$40 million penalty after pleading guilty to seven federal charges in an illegal ocean pollution case that involved one ship's use of a so-called magic pipe to divert oily waste into the waters, authorities said Thursday.
 
India said old notes would no longer be accepted at gas stations after Friday, fueling anger over the scrapping of high denomination bills that has caused an unprecedented cash crunch.
 > India
 
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