Jul 3, 2023 | Business, Economy, Europe, Middle East, UK, US
By Laura Sanicola (Reuters) -Oil prices settled down 1% on Monday as worries about a slowing global economy and possible U.S. interest-rate hikes outweighed supply cuts announced for August by top exporters Saudi Arabia and Russia. Brent crude futures settled down 1%,...
Jul 3, 2023 | Asia, Business, Technology, US
By Hyunjoo Jin SAN FRANCISCO (Reuters) – South Korea’s Samsung Display has filed a lawsuit against BOE Technology, accusing the Chinese rival of infringing five of its patents for displays used in mobile devices including Apple’s iPhone 12. Samsung...
Jul 3, 2023 | Business, Economy, Technology, US
By Mike Scarcella WASHINGTON (Reuters) – Apple said on Monday it will ask the U.S. Supreme Court to hear its challenge to a judge’s order in an antitrust case brought by “Fortnite” maker Epic Games that could force the iPhone maker to change...
Jul 3, 2023 | Business, Economy, Technology, US
By Chibuike Oguh NEW YORK (Reuters) – Shares of Coinbase, the largest U.S. cryptocurrency platform, jumped 13% on Monday after exchange operator Cboe said it was working with the cypto company in its effort to launch a spot bitcoin exchange-traded fund. Cboe on...
Jul 3, 2023 | Business, Economy, Technology, US
By Lewis Krauskopf NEW YORK (Reuters) – The massive rally in Apple’s shares is forcing some fund managers to revisit a thorny dilemma: they may not own enough of the stock. Apple’s share price has soared 49% so far this year, ballooning its weight in stock...
Jul 3, 2023 | Business, Technology, Top News, US
By Abhirup Roy SAN FRANCISCO (Reuters) -A group of EV charger makers and operators is pushing back against Texas’ plan to mandate the inclusion of Tesla technology in charging stations, saying it is “premature,” according to a document seen by...
