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Category: Business

Russian court fines Google $50.8 million over ‘fake’ information -TASS
Business

Russian court fines Google $50.8 million over ‘fake’ information -TASS

MOSCOW (Reuters) – A Russian court fined Alphabet’s Google on Wednesday 4.6 billion roubles ($50.84 million) for failing to delete…

December 20, 2023December 30, 2023
Google to pay $700 million to US consumers, states in Play store settlement
Business

Google to pay $700 million to US consumers, states in Play store settlement

By Mike Scarcella (Reuters) -Alphabet’s Google will pay $700 million and revamp its Play app store to allow for greater…

December 19, 2023December 20, 2023
Nippon Steel confident hefty premium for U.S. Steel makes sense
Business

Nippon Steel confident hefty premium for U.S. Steel makes sense

By Yuka Obayashi and Mariko Katsumura TOKYO (Reuters) -Nippon Steel said on Tuesday its $14.1 billion deal to buy U.S.…

December 19, 2023December 19, 2023
Apple to halt US sales of Series 9, Ultra 2 smartwatches over patent dispute
Business

Apple to halt US sales of Series 9, Ultra 2 smartwatches over patent dispute

By Samrhitha A, Stephen Nellis and Blake Brittain (Reuters) -Apple said on Monday it would pause sales of its Series…

December 19, 2023December 19, 2023
Japan’s Nippon Steel to acquire U.S. Steel for $14.9 billion
Business

Japan’s Nippon Steel to acquire U.S. Steel for $14.9 billion

By Shivansh Tiwary and Anirban Sen (Reuters) -Japan’s Nippon Steel clinched a deal on Monday to buy U.S. Steel for…

December 19, 2023December 19, 2023
Global shares up with Treasury yields, oil rallies on supply worries
Business

Global shares up with Treasury yields, oil rallies on supply worries

By Sinéad Carew NEW YORK (Reuters) -MSCI’s global equity index advanced slightly, oil prices rallied on supply concerns and U.S.…

December 18, 2023December 18, 2023
OpenAI outlines AI safety plan, allowing board to reverse decisions
Business

OpenAI outlines AI safety plan, allowing board to reverse decisions

By Anna Tong Artificial intelligence company OpenAI laid out a framework to address safety in its most advanced models, including…

December 18, 2023December 18, 2023
Factbox-What to expect in 2024: Fed pivot, cooling inflation, easing growth
Business

Factbox-What to expect in 2024: Fed pivot, cooling inflation, easing growth

(Reuters) -Global growth will likely slow in 2024 but a dovish tilt in the Federal Reserve’s rhetoric has raised hopes…

December 18, 2023December 18, 2023
Goldman Sachs faces rocky exit from Apple credit card partnership
Business

Goldman Sachs faces rocky exit from Apple credit card partnership

By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -Four years after Goldman Sachs introduced a credit card with Apple,…

December 18, 2023December 19, 2023
US stock short sellers down $145 billion in 2023 – Ortex
Business

US stock short sellers down $145 billion in 2023 – Ortex

By Saqib Iqbal Ahmed NEW YORK (Reuters) -A late-year surge in stocks is exacerbating the pain of short-sellers, who are…

December 18, 2023December 18, 2023

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