Two British Banks Ensnared in Huawei Dispute

Two large British banks are among those ensnared in the controversy over Huawei Technologies. The dispute escalated over the weekend after the Chinese government warned Canada it would face "severe consequences" if it didn't release the Chinese telecom giant's finance chief.

 
Travelport Agrees to Go Private in $2 Billion Deal with Siris, Evergreen

Travelport, which operates a travel-commerce platform, has agreed to be acquired by affiliates of Siris Capital Group and Elliott Management in an all-cash deal valued at about $2 billion.

 
Amazon Cracks Down on Scams, Fires Employees Over Data Leak

Amazon has dismissed several workers in the U.S. and India for allegedly inappropriately accessing internal data that was being misused by disreputable merchants.

 
Tencent-Backed Auto-Trading Startup Looks to Raise Capital

Chinese online car-trading platform Chehaoduo Group is seeking to privately sell shares and convertible bonds, as it looks to expand in the country's competitive consumer auto market.

 
Nissan, Ghosn Charged With Underreporting His Compensation

Nissan Motor's Carlos Ghosn was formally charged with understating his compensation in Nissan's financial reports, and prosecutors took steps to ensure he would spend Christmas in jail.

 
Tivity Health to Buy Nutrisystem for $1.4 Billion

Tivity Health is buying weight-management firm Nutrisystem in a cash and stock deal the companies value at about $1.4 billion.

 
Uber-Lyft Showdown Shifts to Public Markets

The race between Uber and Lyft to go public next year promises to extend their rivalry for customers to competition for global investors.

 
PTC Tells Investors: Look Here, Not There

Software maker says transition to subscription model will boost growth, but that hasn't happened yet.

 
Court TV Plots a Revival After a Decade Off the Air

The legal network is being relaunched by E.W. Scripps, which bets on consumer demand for true-crime media. It will offer viewers 24/7 trial coverage, along with analysis and commentary from legal experts and documentaries.

 
Australia Looks to Rein in Power of Facebook and Google

Australia's antitrust regulator called for measures to curb the influence of Facebook and Google in news and advertising and warned that a tech-sector watchdog may be needed to prevent abuses of power.

(END) Dow Jones Newswires

December 10, 2018 09:00 ET (14:00 GMT)

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