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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

Sam Bankman-Fried pleads not guilty in FTX fraud case; October trial set

BY Reuters  • January 4, 2023January 4, 2023
By Jack Queen and Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange and caused[...]
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Business Economy Europe Technology Top News Updated US

Wall St starts the year with a dip; Apple, Tesla shares drag

BY Reuters  • January 4, 2023January 4, 2023
By Sinéad Carew and Amruta Khandekar (Reuters) – Wall Street’s main indexes closed lower on the first trading day of 2023 with the biggest drags from Tesla and Apple, while investors worri[...]
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Business Economy Top News Updated US

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

Exclusive-World Bank seeks more funds to address climate change, other crises -document

BY Reuters  • January 3, 2023January 3, 2023
By David Lawder WASHINGTON (Reuters) -The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of Ap[...]
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Economy Environment Politics Top News Updated US

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

Exclusive-Tesla makes China boss highest-profile executive after Musk

BY Reuters  • January 3, 2023January 3, 2023
(Reuters) -Tesla Inc’s China chief Tom Zhu has been promoted to take direct oversight of the electric carmaker’s U.S. assembly plants as well as sales operations in North America and Europe, acc[...]
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