(This June 29 story has been corrected to clarify that the entity involved is not an Alberta government agency in the headline and paragraphs 1 and 2) By Divya Rajagopal and Xie Yu TORONTO/HONG KONG (Reuters) – An Alberta industrial development body has ended a partnership with a Chinese private equity fund that targeted $10…
(Reuters) – Nokia said on Friday it had signed a new long-term patent license agreement with Apple, as the current license between the companies expires at the end of 2023. While terms of the agreement remain confidential between the companies, it covers Nokia’s inventions in 5G and other technologies. Nokia said the company expects to…
By Lewis Krauskopf NEW YORK (Reuters) -A U.S. stocks rally is cruising into a month that has proven strong in recent years, though equities must navigate employment data and an earnings season that could be precarious, with the Federal Reserve bent on raising U.S. interest rates. The S&P 500 defied recession fears and a U.S….
By Daniel Wiessner (Reuters) – The U.S. Supreme Court on Friday agreed to decide whether workers can bring discrimination lawsuits based on unwanted workplace transfers that were allegedly motivated by bias, an issue that can make or break many cases. The justices took up a case involving St. Louis police officer Jatonya Muldrow, who is…
(Reuters) – The U.S. Supreme Court has issued a series of important rulings during its term that began last October on issues including affirmative action, student loans, free speech, LGBT rights, voting rights, immigration and environmental regulation. Here is a look at some of the rulings issued by the court this term. AFFIRMATIVE ACTION The…
By John Kruzel and Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court has wrapped up another term in which its conservative justices flexed their muscles, following up major abortion and gun decisions last year with rulings that rejected affirmative action in college admissions, curbed LGBT rights and blocked President Joe Biden’s student debt relief…
(Reuters) -Twitter will now require users to have an account on the social media platform to view tweets, a move that owner Elon Musk on Friday called a “temporary emergency measure”. Users who try to view content on the platform will be asked to sign up for an account or log into an exiting account…
(Reuters) – Belarusian President Alexander Lukashenko, the Kremlin’s staunchest ally in its war in Ukraine, said on Friday he was certain Russian tactical nuclear weapons deployed in his country would never be used. Lukashenko and Russian President Vladimir Putin have acknowledged that some tactical weapons have arrived in Belarus and the remainder would be put…
By Lewis Krauskopf NEW YORK (Reuters) -The U.S. stock market has powered higher in the first half of this year despite numerous obstacles, from banking sector turmoil to recurring doubts about the economy’s health. The S&P 500 is up 15.9% in 2023 – a rebound that surprised many analysts after equities’ brutal 2022 decline. The…
(Reuters) -U.S. officials are considering to limit the ability of large banks to use Federal Home Loan Banks (FHLBs) as a financial backstop, as part of a broader proposal to overhaul the system, Bloomberg News reported on Friday. In addition to limiting access for big banks, regulators have discussed requiring banks that want to borrow…