SHANGHAI (Reuters) -China’s securities regulator issued draft rules on Friday to strengthen the supervision of company listings, delistings and computer-driven programme trading, in a move
Category: Business
Apple loses bid to throw out UK lawsuit over App Store fees
By Sam Tobin and Martin Coulter LONDON (Reuters) -Apple’s bid to dismiss a lawsuit valued at nearly $1 billion was rejected on Friday, with a
Ohio senator wants Biden to permanently ban Chinese EVs from US
By David Shepardson WASHINGTON (Reuters) -The chair of the Senate Banking Committee on Thursday urged President Joe Biden to block Chinese-made vehicles from the United
Hot inflation may put Fed rate cut in thick of election season
By Howard Schneider WASHINGTON (Reuters) – Hot U.S. inflation data has put the Federal Reserve’s debate over a first interest rate cut on a potential
Ford cuts prices for F-150 Lightning XLT, Flash and Lariat variants
-Ford Motor cut prices of some variants of its F-150 Lightning electric pickup truck by as much as $5,500, the Detroit automaker said on Thursday,
US to award Samsung up to $6.6 billion chip subsidy for Texas expansion, sources say
By Alexandra Alper WASHINGTON (Reuters) -The Biden administration plans to announce it is awarding more than $6 billion to South Korea’s Samsung next week to
Tesla’s Musk predicts AI will be smarter than the smartest human next year
(Reuters) -Tesla CEO Elon Musk on Monday predicted development of artificial intelligence that was smarter than the smartest human probably by next year, or by
Yellen says global concerns growing over China’s excess industrial capacity
By David Lawder GUANGZHOU, China (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday that concerns are growing over the global economic fallout from China’s
Stocks retreat, bonds rally after Fed officials cool rate-cut outlook
By Herbert Lash NEW YORK (Reuters) -Words of caution from Federal Reserve officials on Thursday about the need to keep interest-rate cuts in check until
Dollar hits two-week low, moves lower against yen
By Hannah Lang NEW YORK (Reuters) -The dollar hit a two-week low on Thursday as economic data supported expectations for quick interest rate cuts in