Category: Economy
U.S. Big Tech says it meets EU gatekeeper status, TikTok criticises label
By Foo Yun Chee BRUSSELS (Reuters) -Seven companies including Amazon, Apple, Google, Facebook-owner Meta and Microsoft say they meet the…
Binance market share takes regulatory hit, its US affiliate shrinks
By Medha Singh (Reuters) – The market share of Binance, the world’s largest cryptocurrency exchange, and its U.S. affiliate have…
Duke Energy to sell distributed generation portfolio in $364 million deal
(Reuters) – Utility firm Duke Energy said on Wednesday it would sell its commercial distributed generation business to private equity…
Western businesses must find a way to work with China-Stellantis CEO
MILAN (Reuters) -The head of carmaker Stellantis said Beijing’s decision to restrict exports of two metals widely used in semiconductors…
Apple loses London appeal in 4G patent dispute with Optis
LONDON (Reuters) – Apple Inc infringed two telecommunications patents used in devices including iPhones and iPads, London’s Court of Appeal…
Beijing jabs in US-China tech fight with chip material export curbs
By Amy Lv and Brenda Goh BEIJING/SHANGHAI (Reuters) -Companies caught out by China’s decision to restrict exports of two metals…
Oil prices rise 2% as market weighs supply cuts against economic outlook
By Natalie Grover LONDON (Reuters) -Oil prices climbed 2% on Tuesday as markets weighed August supply cuts by top exporters…
European shares steady, interest rate uncertainty remains
By Amruta Khandekar and Shreyashi Sanyal (Reuters) -European shares were steady in thin trading on Tuesday, with a lack of…
