Reuters

By Josh Ye

HONG KONG (Reuters) - Huawei is revamping its retail strategy and aggressively opening flagship stores in China, with some just a stone's throw away from Apple shops, as it seeks to retake the premium electronics throne in the world's biggest smartphone market.

Situated directly across from Apple's Shanghai flagship store, Huawei's recently renovated shop spans three floors of a famous heritage architecture building in the... (continue reading...)

By Kevin Buckland

TOKYO (Reuters) - The dollar traded near a one-month low versus the euro on Wednesday amid lower Treasury yields as traders braced for a key U.S. inflation report later in the day that could dictate the path of Federal Reserve policy.

The yen languished near a two-week low, as a still-gaping yield gap between local bonds and U.S. peers continued to encourage selling of the Japanese currency.

The yuan slid... (continue reading...)

WASHINGTON (Reuters) - U.S. House Republican Carol Miller in a Tuesday primary defeated a challenger who had pleaded guilty to a role in the Jan. 6, 2021, Capitol riot, Edison Research projected.

The seat is not considered competitive in the Nov. 5 general election, meaning Miller will likely remain in Congress next year.

(Reporting by Makini Brice; Editing by Scott Malone)

By Rodrigo Viga Gaier

RIO DE JANEIRO (Reuters) - The chief executive of Brazilian state-run oil company Petrobras offered to step down on Tuesday, the company said, sending shares sliding as investors braced for the possibility of more political interference at the firm.

Chief Executive Jean Paul Prates asked the Petrobras board to meet and discuss an early end to his term, the company said in a late Tuesday filing.

New... (continue reading...)

By Marta Nogueira

RIO DE JANEIRO (Reuters) - Two Brazilian states have asked a court to more than double the amount that miners Vale and BHP, plus a jointly owned tie-up, must pay in damages for a 2015 deadly tailings dam failure, according to a legal document seen by Reuters on Tuesday.

In January, a Brazilian federal judge ruled that Vale, BHP and their joint venture Samarco must pay 47.6 billion reais in damages for the dam burst, a... (continue reading...)