By Bhargav Acharya and Shivani Tanna (Reuters) – Spotify Chief Executive Officer Daniel Ek said on Sunday he “strongly” condemns racial slurs and other comments made by popular U.S. podcaster Joe Rogan but will not be removing him from the platform. Ek’s comments, sent in a letter to staff seen by Reuters, come on the…
BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street fell as investors watched for signs of whether global central banks will try to cool inflation by speeding up the withdrawal of economic stimulus. Shanghai and Hong Kong declined. Tokyo, Seoul and Sydney advanced. In New York, the benchmark S&P 500 index sank…
By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp said on Monday it now aims to split into two companies instead of three as previously planned. It wants to split off its device business but no longer plans to split off its infrastructure business. The Japanese conglomerate now also plans to increase shareholder returns to 300 billion…
By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp said on Monday it will sell almost all of its 60% stake in its air conditioning unit to its U.S. joint venture partner for $870 million – the deal coming ahead of a rejig of a contentious turnaround plan expected later in the day. The sale of 55%…
TAIPEI (Reuters) – Taiwan has not been approached by the United States on the issue of diverting some supplies of Liquefied Natural Gas (LNG) to Europe if the Ukraine crisis leads to a disruption, the economy ministry said on Monday. Last month, the United States, the world’s top producer of natural gas, asked Qatar and…
TOKYO (Reuters) -Toshiba Corp said on Monday it will sell almost all of its 60% stake in its air conditioning unit to its U.S. joint venture partner for $870 million, ahead of an expected rejig of a turnaround plan that has rankled investors. It will sell 55% of Toshiba Carrier to Carrier Global Corp for…
TOKYO (Reuters) – Toshiba Corp said on Monday it will sell a majority of its 60% stake in air conditioning unit Toshiba Carrier to U.S. joint venture partner Carrier Global Corp for around 100 billion yen ($870 million). (Reporting by Makiko Yamazaki: Editing by Neil Fullick)
By Brenna Hughes Neghaiwi and Silke Koltrowitz ZURICH (Reuters) – Credit Suisse will face charges in a Swiss court on Monday of allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros, some of it stuffed into suitcases. Swiss prosecutors say the country’s second-biggest bank and one of its former relationship managers did…
By Wayne Cole SYDNEY (Reuters) – Asian share markets eased on Monday after stunningly strong U.S. jobs data soothed concerns about the global economy but also added to the risk of an aggressive tightening by the Federal Reserve. Geopolitics also remained a worry as the White House warned Russia could invade Ukraine any day and…
By William James LONDON (Reuters) – Britain and South Korea will on Monday sign an agreement to reinforce pandemic-damaged supply lines for key products like semiconductors, with trade minister Anne-Marie Trevelyan due to host her counterpart Yeo Han-koo in London. The ministers will also begin work on an improved trade deal as Britain looks to…
