Exclusive-U.S. Chamber Of Commerce Warns Against Draft EU Plan To Exclude Non-EU Cloud Vendors

Exclusive-U.S. Chamber Of Commerce Warns Against Draft EU Plan To Exclude Non-EU Cloud Vendors

By Foo Yun Chee BRUSSELS (Reuters) -The U.S. Chamber of Commerce and 12 other groups on Thursday warned the European Union against adopting rules that could exclude Amazon, Alphabet unit Google, Microsoft and other non-EU cloud services providers from the European market. The Chamber, the National Foreign Trade Council, the Japan Association of New Economy,…

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Asia's Factory Activity Shrinks As China Lockdown Impact Widens

Asia’s Factory Activity Shrinks As China Lockdown Impact Widens

By Leika Kihara TOKYO (Reuters) -Factory output slumped widely across Asia in November as slowing global demand and uncertainty over the fallout from China’s strict COVID-19 lockdowns weighed on business sentiment, private surveys showed on Thursday. The results highlighted Asia’s darkening economic outlook for 2023, as the lockdowns disrupt international supply and heighten fears of…

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Marketmind: Stop Making Sense

Marketmind: Stop Making Sense

A look at the day ahead in European and global markets from Ankur Banerjee: With a Fed pivot coming in to view, thanks to Jerome Powell, and optimism about China’s reopening prospects, investors have rediscovered their risk appetite, pouring into equities and sending safe-haven U.S. dollar lower. All it took was for Fed Chair Powell…

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