(Reuters) – Meta Platforms on Thursday introduced WhatsApp Channels, a feature that the social media giant said would help make the app a “private broadcast messaging product.” Users in Colombia and Singapore will be the first to receive access to Channels. Over the coming months, Meta will expand the availability of the tool for users…
SEOUL (Reuters) -South Korea pledged support for its chip sector on Thursday, with President Yoon Suk Yeol describing competition in the industry as an “all-out war” amid heightened Sino-U.S. tension. Earlier in the day, Yoon met with about 60 industry leaders, lawmakers and ministers to discuss how to maintain South Korea’s lead in memory chips,…
By Nick Carey LONDON (Reuters) – U.S. ride-hailing giant Uber said on Thursday that customers will soon be able to track emissions avoided when choosing greener rides and have the option of shared rides in more cities to further reduce CO2 emissions. The company said customers will be able to track the amount of CO2…
By Foo Yun Chee LUXEMBOURG (Reuters) – Amazon should not pay 250 million euros ($268 million)in back taxes to Luxembourg as ordered by EU competition enforcers, an adviser to Europe’s top court said on Thursday, as she cited errors in the EU regulator’s assessment. The European Commission in its 2017 decision said Amazon paid no…
By Alexander Marrow (Reuters) – Russian internet firm Yandex on Thursday said it had been granted permission to retain its Nasdaq Stock Exchange listing provided the restructuring and divestment of its Russian business is concluded by the end of 2023. Often dubbed “Russia’s Google”, Yandex is making progress on a corporate restructuring plan that should…
DUBAI (Reuters) – Saudi Arabia’s economy grew by 3.8% year on year in the first quarter of 2023, the General Authority for Statistics said on Thursday, broadly in line with estimates released last month. Non-oil activities grew by 5.4% in Q1 while oil activities grew by 1.4% and government service activity was up by 4.9%,…
By Joey Roulette WASHINGTON (Reuters) – NASA’s plans to turn over its flagship rocket to contractors Boeing and Northrop Grumman to find more buyers and bring down costs faces steep hurdles thanks to meager demand even from the Pentagon and a sprawling supplier network. The U.S. space agency is pushing ahead with plans to hand…
MUMBAI (Reuters) – The Reserve Bank of India on Thursday allowed banks to set their own limits to borrow from the interbank call money market in a bid to better manage liquidity, though at least four traders said it would not move the needle much as lenders might not be willing, or able to participate….
(Reuters) – European shares opened lower on Thursday as rate-sensitive technology shares slipped on expectations of further interest rate hikes by major central banks, although gains in Swiss healthcare group Novartis helped limit losses. The pan-European STOXX 600 index dipped 0.1% by 0715 GMT, with the technology sector down 1.3%. Fears that the U.S. Federal…
By Lewis Jackson SYDNEY (Reuters) – Commonwealth Bank of Australia (CBA) said on Thursday it would block some payments to certain cryptocurrency exchanges as part of a suite of new anti-scam measures that would limit customer crypto payments. A spokesperson for CBA, the country’s largest bank, declined to name the crypto exchanges involved. The bank…
