(Reuters) – U.S. President Joe Biden on Tuesday nominated Harry Coker, who has served in leadership positions at the CIA and the National Security Agency, for the role of national cyber director, the White House said, after deciding against the acting boss. Earlier this month, a source told Reuters that Kemba Walden, who has been…
PARIS (Reuters) -France’s antitrust watchdog said on Tuesday it had issued a statement of objection against Apple, citing concerns the U.S. technology company could have breached regulations linked to the use of iPhone user data for advertising purposes. The watchdog is concerned Apple might “abuse its dominant position by implementing discriminatory, non-objective and non-transparent conditions…
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms offered to curb the use of competitors’ advertising data for its Facebook Marketplace online classified service in an attempt to settle an EU antitrust investigation but regulators gave it the cold shoulder, people familiar with the matter said. Its offer also included limiting the use of…
By Matt Spetalnick, Steve Holland and Simon Lewis WASHINGTON (Reuters) – President Joe Biden is in a political bind as he crafts a U.S. response to Israeli Prime Minister Benjamin Netanyahu defiantly pushing through the first part of a divisive judicial overhaul. Despite Washington’s longtime status as Israel’s top ally and biggest weapons supplier, Biden…
SEOUL (Reuters) – South Korean consumers’ sentiment improved for a fifth consecutive month to a 15-month high in July, with their inflation expectations resuming a decline, a central bank survey showed on Wednesday. The consumer sentiment index rose to 103.2 in July, from 100.7 in June, and was the highest reading since April 2022, the…
By Yantoultra Ngui and Xinghui Kok SINGAPORE (Reuters) – Singapore sovereign wealth fund GIC, one of the world’s biggest investors, plans to continue investing in China despite geo-political tensions after chalking up its best showing in eight years in the financial year ended March. Its group chief investment officer Jeffrey Jaensubhakij told Reuters GIC was…
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets and U.S. Treasury yields rose on Tuesday ahead of the Federal Reserve’s expected interest rate hike and as markets awaited a stream of quarterly results from corporate heavyweights. Fed officials are gathering for their July monetary policy meeting, starting on Tuesday, where the central bank’s rate-tightening…
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose to three-month highs on Tuesday, as signs of tighter supplies and pledges by Chinese authorities to shore up the world’s second-biggest economy lifted sentiment. Brent futures settled up 90 cents at $83.64 a barrel, after hitting $83.87 earlier, the highest since April 19. U.S. West Texas…
By Lizbeth Diaz MEXICO CITY (Reuters) -Mexican security forces were complicit in the 2014 abduction of 43 student teachers and concealed documents which showed where some of them were taken, according to a new report by an independent panel of international experts presented on Tuesday. The Interdisciplinary Group of Independent Experts (GIEI) tasked with investigating…
(Reuters) – Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise from Warburg Pincus and Centerbridge Partners. (Reporting by Niket Nishant in Bengaluru; Editing by Arun Koyyur)
