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Asia

S&P cuts two Adani firms’ rating to negative from stable

BY Reuters  • February 3, 2023February 3, 2023
By Tanvi Mehta (Reuters) -Credit ratings agency S&P on Friday cut its rating outlook on Adani Ports and Special Economic Zone and Adani Electricity to negative from stable, while peer Moody’[...]
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Asia Business Economy Top News Updated US

Live Nation CFO defends Ticketmaster, blames bots for Taylor Swift debacle

BY Reuters  • January 23, 2023January 24, 2023
By David Shepardson WASHINGTON (Reuters) -Ticketmaster learned “valuable lessons” when the Taylor Swift concert tickets sale last year was disrupted by record bot traffic, the parent compa[...]
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Asia Business Entertainment and Lifestyle Newsletter Politics Technology Top News Updated US

New Jersey, Ohio join other states in banning TikTok from state devices

BY Reuters  • January 10, 2023January 10, 2023
By David Shepardson WASHINGTON (Reuters) – New Jersey and Ohio said on Monday they were joining other states in banning use of the popular video app TikTok on government-owned and managed device[...]
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Asia Business Newsletter Technology Updated US

Oil dives 4%, trade choppy on worries about China, global economy

BY Reuters  • January 4, 2023January 4, 2023
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices tumbled 4% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy economic outlook and a stronger U.S. dollar. Brent[...]
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Asia Business Economy Europe Middle East UK Updated US

Macau casinos deal themselves a tough hand with big non-gaming investment pledges

BY Reuters  • January 4, 2023January 4, 2023
(This Jan. 2 story has been refiled to correct Melco’s name and stock symbol in the second paragraph) By Farah Master HONG KONG (Reuters) – As casinos in Macau begin new licenses to operat[...]
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Asia Business Entertainment and Lifestyle Politics Updated

Dollar jumps, U.S. stocks buck global rally

BY Reuters  • January 3, 2023January 3, 2023
By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked a global equities rally in a macro-packed week that could offer a[...]
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Asia Australia Business Economy Europe Updated US

Toyota’s Indian unit warns of a possible customer data breach

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) -A data breach at Toyota Motor’s Indian business might have exposed some customers’ personal information, it said on Sunday. Toyota India said it has notified the relevant Indian[...]
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Asia Business Technology Updated

South Korea fines Tesla $2.2 million for exaggerating driving range of EVs

BY Reuters  • January 3, 2023January 3, 2023
SEOUL (Reuters) – South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc for failing to tell its customers about the shorter driving ran[...]
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Asia Business Environment Technology Updated US

Google alleges India antitrust body copied parts of EU order on Android abuse

BY Reuters  • January 3, 2023January 3, 2023
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – Google has told a tribunal in India that the country’s antitrust investigators copied parts of a European ruling against the U.S.[...]
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Asia Business Technology Top News Updated US
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