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Author

Reuters

Reuters

  • Business News

    U.S. House administration arm bans TikTok on official devices

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Moira Warburton (Reuters) – The popular Chinese video app TikTok has been banned from all U.S. House of Representatives-managed devices, according to the House’s administration arm, mimicking a law …

  • Business News

    Chinese academic database fined by antitrust watchdog

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    BEIJING (Reuters) – China’s State Administration for Market Regulation (SAMR) has fined China National Knowledge Infrastructure (CNKI) 87.6 million yuan ($12.6 million) for abusing a “dominant market position”, the watchdog …

  • Business News

    Double-digit U.S. home price growth streak skids to an end

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Dan Burns (Reuters) – Annual price growth in the increasingly fragile U.S. housing market slid into the single digits in October for the first time in about two years …

  • Business News

    AMC CEO asks for salary freeze in 2023 as shares slump

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    (Reuters) – AMC Entertainment Holdings Chief Executive Officer Adam Aron on Tuesday asked the theater chain operator’s board to freeze his compensation next year because of a sharp drop in …

  • US and World News

    Insider trading convictions over healthcare leaks are voided by U.S. appeals court

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Jody Godoy and Jonathan Stempel NEW YORK (Reuters) -A divided federal appeals court on Tuesday threw out the insider trading convictions of four defendants, including two former hedge fund …

  • US and World News

    Embattled Republican Santos faces new heat over ‘Jew-ish’ heritage claim

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By David Morgan WASHINGTON (Reuters) -U.S. Representative-elect George Santos, a New York Republican who this week acknowledged lying about his education and employment history while running for Congress, faced fresh …

  • US and World News

    Arizona judge rejects governor-elect’s request to sanction election denier Lake

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Ismail Shakil (Reuters) – An Arizona judge on Tuesday rejected Democratic Governor-elect Katie Hobbs’s request to sanction defeated Republican gubernatorial candidate Kari Lake over her failed effort to overturn …

  • US and World News

    Trump tax returns to be released by U.S. House panel on Friday

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Moira Warburton (Reuters) -Former Republican President Donald Trump’s redacted tax returns will be made public on Friday, a spokesperson for the U.S. House of Representatives Ways and Means Committee …

  • Business News

    U.S. probes how $370 million vanished in hack after FTX bankruptcy – Bloomberg News

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    (Reuters) – Federal prosecutors are investigating an alleged cybercrime that drained more than $370 million from crypto exchange FTX hours after it filed for bankruptcy, Bloomberg News reported on Tuesday …

  • US and World News

    Caught in the crossfire, Peru protest deaths keep anger burning

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Alexander Villegas AYACUCHO, Peru (Reuters) – Edgar Prado, 51, a mechanic and driver from the city of Ayacucho in southern Peru, spent most of the day on Dec. 15 …

  • Business News

    Analysis-Dealmakers grapple with unprecedented U.S. challenge to mergers

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Anirban Sen and Diane Bartz NEW YORK/WASHINGTON (Reuters) -Investment bankers and deal lawyers accustomed to regulatory hurdles to their mergers face an unprecedented challenge under U.S. President Joe Biden …

  • US and World News

    Bankman-Fried’s criminal case assigned to judge in Trump, Prince Andrew cases

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Tom Hals and Jonathan Stempel (Reuters) -Sam Bankman-Fried’s criminal case over the collapse of his FTX cryptocurrency exchange has been reassigned to a judge recently known for handling defamation …

  • Business News

    Tesla used car price bubble pops, weighs on new car demand

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Hyunjoo Jin and Nivedita Balu SAN FRANCISCO (Reuters) – Tesla buyers who waited months for their new car have had an unusual choice for much of the past two …

  • Business News

    Oil steady as U.S. output ramps up after freeze, China eases COVID curbs

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were steady after hitting a three-week high on Tuesday as restarts at some U.S. energy plants shut by winter storms offset gains stemming …

  • Business News

    Dollar flat as investors digest China’s loosening of COVID rules

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Hannah Lang WASHINGTON (Reuters) – The dollar was flat on Tuesday after China said it would scrap its COVID-19 quarantine rule for inbound travelers – a major step in …

  • US and World News

    U.S. FDA weighs regulating cannabis compound CBD in food, supplements – WSJ

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    (Reuters) -The U.S. Food and Drug Administration (FDA) is planning to make recommendations on how to regulate the use of popular cannabis compound CBD in food and supplements, the Wall …

  • Business News

    European shares end higher on China recovery optimism

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares closed a touch higher on Tuesday as China relaxing its COVID-19 curbs more raised hopes of a recovery in the …

  • Business News

    Spain announces $10.6 billion package to ease inflation pain

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    MADRID (Reuters) -Spain on Tuesday announced 10 billion euros ($10.65 billion) worth of measures to ease the pain of inflation in the third major package this year, bringing total aid …

  • Business News

    Exclusive-Tesla to run reduced output in Shanghai in January, plan shows

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    SHANGHAI (Reuters) – Tesla plans to run a reduced production schedule at its Shanghai plant in January, extending the reduced output it began this month into next year, according to …

  • Business News

    Analysis-Wood’s ARK slammed by higher interest rates in 2022 along with other growth funds

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By David Randall NEW YORK (Reuters) -Cathie Wood’s ARK Innovation Fund, which more than doubled during the pandemic rally, is on pace to finish near the very bottom of all …

  • Business News

    United Airlines assessing demand before adding flights to China

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    (Reuters) – U.S. carrier United Airlines Holdings Inc said on Tuesday it is currently evaluating the market demand and operating environment to determine when to resume additional flight operations to …

  • Business News

    Russian rouble slumps around 3% vs dollar as sanctions weigh

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Alexander Marrow MOSCOW (Reuters) -The rouble dived around 3% against the dollar on Tuesday, failing to consolidate a recovery from last week’s slide as the market comes to terms …

  • Business News

    Subdued consumer demand one of Russia’s key economic challenges -deputy PM

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    MOSCOW (Reuters) – Fostering a recovery in consumer demand and helping the corporate sector become profitable are the biggest tasks for the Russian government to address in 2023, First Deputy …

  • Business News

    German companies plan to invest more in Africa in 2023

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Rene Wagner BERLIN (Reuters) – German companies want to boost their activities in Africa next year, especially in areas such as green hydrogen and liquefied natural gas, with 43% …

  • Business News

    Thai economy may hit 2023 growth goal if Chinese tourists come- Finance Minister

    by Reuters December 27, 2022
    by Reuters December 27, 2022

    By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand’s economy may accelerate next year and hit the 3.8% growth forecast provided its vital tourism sector will get a boost from …

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