China trade shrinks amid virus pressure, interest rate hikes
BEIJING (AP) — China’s imports and exports shrank in November under pressure from weakening global demand and anti-virus controls at…
December 6, 2022
Australia Fines Uber $14 Million For Misleading On Fares And Cancellation Fees
By Byron Kaye SYDNEY (Reuters) -An Australian court fined Uber Technologies Inc A$21 million ($14 million) on Wednesday for threatening…
Analysis-G7 Russian Oil Price Cap Evolves From Revenue Squeeze To Market Anchor
By David Lawder and Timothy Gardner WASHINGTON (Reuters) – When U.S. officials first floated the idea of capping Russian oil…
Taiwan Seeks To Reassure On TSMC Commitment To Island Despite U.S. Investment
TAIPEI (Reuters) – Taiwan’s economy minister said on Wednesday that the island remains chipmaker TSMC’s most important production base after…
France’s CMA CGM To Buy New York, New Jersey Terminals From Canada’s GCT
(Reuters) – CMA CGM on Wednesday said it would buy Global Container Terminals Inc’s (GCT) two terminals in the Port…
EU Set To Bar Meta From Ads Based On Personal Data
By Foo Yun Chee and Chavi Mehta BRUSSELS/BANGALORE (Reuters) -Meta will only be able to run advertising based on personal…
BlackRock Has Frozen Hires, Says CFO – Conference
NEW YORK (Reuters) – BlackRock Inc Chief Financial Officer Gary Shedlin said on Tuesday the firm is tightening its belt…
Swedbank Sees Income Growth Outpacing Costs As Eyes Set On ROE Boost
STOCKHOLM (Reuters) – Swedbank said on Tuesday it would grow average annual income by 3 percentage points more than costs…
GSK, Pfizer, Sanofi Escape U.S. Federal Litigation Over Zantac
By Brendan Pierson (Reuters) – Drugmakers GSK Plc, Pfizer Inc, Sanofi SA and Boehringer Ingelheim on Tuesday defeated thousands of…
Facebook parent Meta threatens to remove news from platform
Facebook parent Meta Platforms Inc. said Tuesday it will be “forced to consider” removing news content from its platform if…