Australia launches ‘national wellbeing’ dashboard to measure prosperity beyond GDP

By Wayne Cole and Alasdair Pal SYDNEY (Reuters) – Australia on Friday launched a “national wellbeing” dashboard of indicators to measure progress on issues like health, education and the environment, one that it hopes will lead to a better balance between economic and social objectives. It will track indicators across five categories – healthy, secure,…

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New US sanctions target Russian access to battlefield supplies for Ukraine war

By Jonathan Landay WASHINGTON (Reuters) -The United States on Thursday imposed Russia-related sanctions against nearly 120 people and entities aimed at blocking Moscow’s access to electronics and other goods that aid its war against Ukraine, the Treasury and State departments announced. The new measures also are designed to “reduce Russia’s revenue from the metals and…

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US FTC official withdraws case against Microsoft-Activision deal before internal agency judge

WASHINGTON (Reuters) -The U.S. Federal Trade Commission official on Thursday withdrew the agency’s case before an in-house judge that sought to block Microsoft’s $69 billion acquisition of game-maker Activision. The agency has been pursuing a two-pronged attack against the proposed transaction. One was in district court, which refused last week to slap a preliminary injunction…

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SPAC that plans to merge with Trump Media settles SEC charges of fraud

WASHINGTON (Reuters) – A special purpose acquisition firm that is set to merge with former U.S. President Donald Trump’s media company settled regulatory charges that it had made “material misrepresentations” to investors. The U.S. Securities and Exchange Commission (SEC) said on Thursday that Digital World Acquisition Corporation, which was found to have violated antifraud provisions…

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Chinese autonomous vehicle tech raises concerns, US transportation chief says

WASHINGTON (Reuters) – U.S. Transportation Secretary Pete Buttigieg said on Thursday his agency has national security concerns about Chinese autonomous vehicle companies in the American market after some lawmakers called for restrictions on their operations. “Whether we are talking about hardware or software, in the same way there are concerns around telecom or TikTok, there…

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