May 12 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
- The United States has reached a set of narrow trade deals with China covering areas like electronic payment services, beef and poultry while leaving untouched bigger issues that could still complicate relations between the two major trading partners. nyti.ms/2q9lS05
- In a setback for Uber, a federal judge denied a motion to move a legal showdown between Uber and Waymo into private arbitration. Uber has been accused of stealing valuable technology from Waymo in the lawsuit. nyti.ms/2q95flj
- SoftBank said on Thursday that it was leading a $502 million investment in Improbable, a British start-up focused on creating expansive virtual worlds. The investment for a a minority stake will value Improbable at more than $1 billion. nyti.ms/2q98FEK
- Sony Pictures Entertainment, bedeviled in recent years by movie misfires, a devastating cyber-attack and executive ejections, on Thursday named Tony Vinciquerra its chairman and chief executive. nyti.ms/2q9ksCR
(Compiled by Bengaluru newsroom)
UPDATE 1-Corruption charges against Brazil's Temer expected to come in waves -source
June 23 Brazil's top federal prosecutor will level corruption charges against President Michel Temer one at a time instead of making all the accusations at once, a strategy aimed at weakening his defense, a source with direct knowledge of the process told Reuters on Friday.
INSIGHT-Under pressure, Western tech firms bow to Russian demands to share cyber secrets
WASHINGTON/MOSCOW, June 23 Western technology companies, including Cisco, IBM and SAP , are acceding to demands by Moscow for access to closely guarded product security secrets, at a time when Russia has been accused of a growing number of cyber attacks on the West, a Reuters investigation has found.