Apple seeks dismissal of India apps market antitrust case
Apple Inc (AAPL.O) has asked India’s antitrust watchdog to throw out a case alleging abuse of market power in the apps market, saying it is too small a ...
Facebook pays fines to Russia over banned content
Facebook (FB.O) has paid 17 million roubles ($229,643) in fines owed in Russia for failing to delete content Moscow deems illegal, the Interfax news agency reported on Sunday, but with the ...
Russia does not expect to be cut off from SWIFT system, VTB CEO says
Russia’s financial system would be able to cope even if it was disconnected from the SWIFT global interbank payments system, the head of the country’s second-largest lender VTB ...
Russia’s richest woman rules out parting with a slice of the Wildberries pie
Tatyana Bakalchuk is a rarity – a dotcom billionaire uninterested in outside capital or a stock market listing.
The founder of Wildberries, Russia’s largest ecommerce retailer, has made it to ...
Stablecoins steal the limelight from subdued bitcoin
As bitcoin, the world’s largest cryptocurrency, struggles to recover after a massive crash, regulatory and private sector focus has turned to another part of the digital currency world: stablecoins.
...
Rivian warns supply issues to hit production, shares drop to record low
Rivian Automotive Inc (RIVN.O) shares skidded nearly 15 per cent on Friday to hit a record low after the electric vehicle maker’s first result as a listed company highlighted ...
Palantir to localize UK data operations as privacy regulations tighten
Palantir Technologies Inc (PLTR.N) said on Friday it plans to shift its entire UK data processing out of the United States, at a time when data privacy regulations are ...
AMC says over a million people watched new ‘Spider-Man’ movie at its US theaters
AMC Entertainment Holdings Inc (AMC.N) said on Friday nearly 1.1 million people watched “Spider-Man: No Way Home” in its theaters in the United States, a record opening for a movie ...
Airbus lands Air France-KLM jet order, capping trio of deals
Airbus (AIR.PA) completed a triple crown of aircraft orders at the expense of rival Boeing (BA.N) on Thursday with a deal to supply 100 narrowbody jets to Air France-KLM ...
US judge tosses $4.5 bln deal shielding Sacklers from opioid lawsuits
A federal judge overturned a roughly $4.5 billion settlement that legally shielded members of the Sackler family who stand accused of helping fuel the US opioid epidemic, a decision that threatened ...
California probes Google’s treatment of Black female workers
California’s civil rights regulator is investigating Google’s treatment of Black female workers following alleged incidents of harassment and discrimination, according to two people familiar with the matter and ...
British retailers report pre-Xmas sales boost in November
British retail sales rose faster than expected last month, helped by Black Friday discounts, early Christmas shopping and no lockdown restrictions that closed many shops last year, official figures showed ...
Lebanon’s central bank offers dollars amid deep financial crisis
Lebanon’s central bank said on Thursday it would sell US dollars to commercial banks at the rate on its Sayrafa foreign exchange platform, but analysts said offering more hard ...
BoE becomes first major central bank to raise rates since pandemic
The Bank of England on Thursday became the world’s first major central bank to raise interest rates since the coronavirus pandemic hammered the global economy, and warned inflation was ...
Embracer buys board games publisher Asmodee in $3 bln deal
Embracer (EMBRACb.ST) said late on Wednesday it was buying French board games publisher Asmodee from private equity firm PAI Partners in a deal valued at 2.75 billion euros ($3.11 billion) to ...
US airlines warn 5G wireless could wreak havoc with flights
Major US air carriers warned on Wednesday that plans by wireless carriers to use spectrum for 5G wireless services starting Jan. 5 could disrupt thousands of daily flights and cost air ...
Paris taxi firm suspends use of Tesla cars after fatal accident
Leading Paris taxi company G7 has suspended the use of Tesla (TSLA.O) Model 3 cars in its fleet after a fatal accident involving one of the vehicles over the weekend.
...
Qantas to switch domestic fleet to Airbus in blow to Boeing
Australia’s Qantas Airways Ltd (QAN.AX) said on Thursday it has chosen Airbus SE (AIR.PA) as the preferred supplier to replace its domestic fleet, switching from Boeing Co (...
Reddit confidentially files to go public
Reddit Inc, known for its message boards that became the go-to destination for day traders during this year’s meme stock frenzy, said on Wednesday it had confidentially filed for ...
Turkish lira blows through 15 to dollar ahead of rate decision
The Turkish lira dropped to an all-time low beyond 15 against the dollar on Thursday ahead of another expected interest rate cut by the central bank, which has fallen in line ...
UK inflation jumps above 5 per cent as BoE considers rate rise
British inflation surged to its highest in more than 10 years in November, jumping to 5.1 per cent and potentially unsettling the Bank of England a day before it announces whether it ...
US to add more Chinese firms to investment, export blacklists
Shares in Chinese health care and technology firms tumbled on Wednesday after a report that the United States will add more Chinese firms, including the largest commercial drone maker and ...
Cineworld shares plunge after $957 mln damage ruling on aborted Cineplex deal
Shares in Cineworld Group (CINE.L) sank nearly 40 per cent on Wednesday after a Canadian court asked the British cinema operator to pay C$1.23 billion ($957 million) to rival Cineplex as ...
Lebanon agrees losses in financial sector ‘$68 bln to $69 bln’, deputy PM says
Lebanese officials have agreed that losses in the country’s financial sector amount to between $68 billion and $69 billion, Deputy Prime Minister Saadeh al-Shami told Reuters but cautioned that the figure ...