WASHINGTON (Reuters) – President Joe Biden said on Saturday that talks with Congress on raising the U.S. government’s debt limit were moving along and more will be known about their progress in the next two days. “I think they are moving along, hard to tell. We have not reached the crunch point yet,” Biden told…
(Reuters) -Amazon.com Inc said it has optimized its delivery network coming out of the COVID-19 pandemic, allowing it to increase delivery speeds and lower costs, while also reducing the ecommerce giant’s carbon emissions. The online retailer on Saturday said it has reduced delivery times, reshaped its inventory management system as well as search capabilities to…
By Daniel Trotta TIJUANA, Mexico (Reuters) – Lupita, a 36-year-old Mexican woman from the state of Michoacan, has spent three months in a shelter, waiting to apply for asylum in the United States. She wears some of the evidence for her case: bullet wounds about her arms, shoulder and abdomen. Since March 2020, when broad…
(Reuters) – BlackRock Inc Chief Executive Officer Larry Fink has been preparing five key leaders to take his role whenever he decides to step down in the future, the Wall Street Journal reported on Saturday. Though Fink has no imminent plans to retire, he along with President Robert Kapito has been training these candidates for…
By Philip Blenkinsop BRUSSELS (Reuters) – Washington and the EU will pledge joint action to tackle concerns focused on China about non-market practices and coordinate their export controls on semiconductors and other goods at a meeting this month, a draft statement showed. U.S. Secretary of State Antony Blinken, European Commission Vice-President Margrethe Vestager and other…
By Aditya Kalra and Aftab Ahmed NEW DELHI (Reuters) -Indian billionaire Mukesh Ambani’s streaming platform JioCinema announced premium pricing of 999 Indian rupees ($12) a year, its first step to move away from a free content model to fight global rivals such as Netflix and Disney in the country. The move comes weeks after a…
TOKYO (Reuters) -The Group of Seven (G7) rich nations is set to agree on establishing a new programme to distribute vaccines to developing countries at next week’s summit of leaders, Japan’s Yomiuri newspaper said on Saturday. In addition to the G7, G20 nations such as India and international groups such as the World Health Organization…
By Christian Kraemer and Leika Kihara NIIGATA, Japan (Reuters) -Finance leaders of the Group of Seven (G7) nations warned on Saturday of mounting economic uncertainty, in a subdued end to a three-day meeting overshadowed by concerns about the U.S. debt stalemate and fallout from Russia’s invasion of Ukraine. The gathering in the Japanese city of…
By Trevor Hunnicutt WASHINGTON (Reuters) -Leaders of the Group of Seven (G7) countries are set to discuss concern about China’s use of “economic coercion” in its dealings abroad as part of their larger joint statement next week, according to a U.S. official familiar with the discussions. The statement, a likely component of the overall communique…
(Reuters) – A former head of engineering at Bytedance in the United States has said the company discharged him after he voiced concern to management that it was taking user content from other platforms, mainly Instagram and Snapchat. The dispute comes at a time when ByteDance-owned app TikTok faces growing calls for a nationwide ban…
