LUX, France (AP) — Once, a river ran through it. Now, white dust and thousands of dead fish cover the wide trench that winds amid rows of trees in France’s Burgundy region in what was the Tille River in the village of Lux. From dry and cracked reservoirs in Spain to falling water levels on…
(Reuters) – Australia’s competition watchdog said on Friday that Alphabet Inc’s Google unit was ordered by the country’s federal court to pay A$60 million ($42.7 million) in penalties for misleading users on collection of personal data. ($1 = 1.4055 Australian dollars) (Reporting by Navya Mittal in Bengaluru; Editing by Sriraj Kalluvila)
By Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s economy grew at its fastest annual pace in a year in the second quarter, boosted by expansion in domestic demand and resilient exports, but a slowdown in global growth is expected to pose a risk to the outlook for the rest of 2022. Gross domestic product (GDP) in…
By Rozanna Latiff KUALA LUMPUR (Reuters) – Malaysia’s economy grew at its fastest annual pace in a year in the second quarter, boosted by expansion in domestic demand and resilient exports. Gross domestic product (GDP) in April-June surged 8.9% from a year earlier, the central bank said. This was faster than the 6.7% growth forecast…
SEOUL, South Korea (AP) — Samsung’s de-facto leader secured a pardon Friday of his conviction for bribing a former president in a corruption scandal that toppled a previous South Korean government, an act of leniency that underscored the tech company’s huge influence in the nation. Lee Jae-yong’s pardon is partially symbolic since he was released…
SEOUL (Reuters) -South Korea’s President Yoon Suk-yeol granted a pardon for Samsung Electronics Vice Chairman Jay Y. Lee to help overcome a “national economic crisis”, South Korea’s Justice Ministry said on Friday. The pardon is largely symbolic, with Lee already out on parole after serving 18 months in jail for bribery relating to his time…
By Rae Wee and Vidya Ranganathan SINGAPORE (Reuters) – The Japanese yen fell the most against a resurgent U.S. dollar on Friday, as a two-day rally in equities conceded to market expectations that the Fed will have to do a lot more to contain inflation. That realisation followed speeches and statements from a bunch of…
SAO PAULO (Reuters) -Brazil’s Petrobras said on Thursday it has begun the process of looking for bidders for its potassium mining rights in the Amazon basin. The asset is composed of eight mining concessions, four mining requests already granted and 22 requests for research which are still pending authorization. Interest in potash mines in Brazil…
Federal work-safety investigators are looking into the death of an Amazon worker and an injury that potentially led to the death of another employee, adding to a probe already underway following a third fatality during the company’s annual Prime Day shopping event in mid-July. All three Amazon workers died within the past month and were…
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly said on Thursday that a 50 basis point interest rate hike in September “makes sense” given recent economic data including on inflation, but that she is open to a bigger rate hike if data warrants. Saying that she does not want to be “headfaked” by…
