India’s Tata Group is reportedly looking to roll out a “super app” that will pit it against rivals, including Amazon AMZN, +1.13% and billionaire Mukesh Ambani-controlled Reliance Industries, in one of the world’s fastest-growing e-commerce markets. The new digital platform, which is scheduled to launch in India in DecemberRead More →
Reuters. FILE PHOTO: An Apple logo printed in 3D can be seen in front of an Irish flag in this illustration By Foo Yun Chee and Padraic Halpin BRUSSELS/DUBLIN (Reuters) – The dispute between Apple (NASDAQ:) and EU competition regulators intensifies Wednesday as Europe’s second-highest court rules on whetherRead More →
The United States’s Securities and Exchange Commission, or SEC, has filed a proposal for final court judgement in regard of the terminated Telegram Open Network project. In a proposed final judgment filed on June 25, the SEC has asked the New York Southern District Court to order million dollar penaltiesRead More →
President Donald Trump on Thursday signed an executive order ostensibly to prevent online censorship, a broad government review of private companies’ activities with potentially grave consequences for social-media companies. Trump claimed in the order that social-media companies have “unchecked power” to censor and restrict speech, and “we’re fed up withRead More →
© Reuters. U.S. President Trump hosts Rose Garden event on treating diabetes at the White House during coronavirus disease (COVID-19) outbreak in Washington By Nandita Bose and David Shepardson WASHINGTON (Reuters) – U.S. President Donald Trump is expected to order a review of a law that has long protected internetRead More →
NEW DELHI (Reuters) – India’s Bharti Airtel Ltd (NS:) said it was complying with a Supreme Court order to pay dues, after it paid more than 80 billion rupees ($1.10 billion) to the Department of Telecommunications (DoT) on Saturday. The court, which had ordered Vodafone Idea (NS:) and Bharti AirtelRead More →
© Reuters. U.S. President Donald Trump holds a campaign rally at Drake University in Des Moines WASHINGTON (Reuters) – President Donald Trump signed an executive order on Friday aimed at preventing counterfeit products from abroad from being sold to U.S. citizens who shop online using Amazon.com (NASDAQ:), Walmart (NYSE:).com orRead More →
Happy Friday, MarketWatchers! Don’t miss these top stories: Personal Finance I discovered through Ancestry.com that my biological father is someone else — can I claim an inheritance as his heir? ‘The secret was never revealed to me either by him or by my mother.’ Forget Champagne — and ring inRead More →
By Foo Yun Chee and Giulio Piovaccari BRUSSELS (Reuters) – Carmaker Fiat Chrysler (MI:) has lodged an appeal with Europe’s top court against an EU order to pay 30 million euros ($33 million) in Luxembourg back-taxes, seeking to overturn a lower tribunal ruling backing EU antitrust regulators. Fiat filed itsRead More →
© Reuters. FILE PHOTO: The logo of Ikea is seen outside the Ikea Concept store, run by Inter Ikea brand and concept in Delft By Foo Yun Chee BRUSSELS (Reuters) – IKEA brand owner Inter IKEA could be ordered to pay millions of euros in Dutch back taxes by theRead More →
© Reuters. FILE PHOTO: The Boeing logo is displayed on a screen, at the NYSE in New York By Alexander Cornwell DUBAI (Reuters) – Dubai Aerospace Enterprise favours expanding its fleet via a takeover of a rival after the group was unable to agree on a major order from AirbusRead More →
By Gleb Stolyarov and Tom Balmforth MOSCOW (Reuters) – A unit of Russian conglomerate Rostec said on Tuesday it was ready for an out-of-court settlement with Boeing (N:) over its order for 35 Boeing (N:) 737 MAX jets, a spokesman for Rostec’s subsidiary Avia Capital Service told Reuters. Boeing MAXRead More →
© Reuters. FILE PHOTO: A logo of IndiGo Airlines is pictured on passenger aircraft on the tarmac in Colomiers near Toulouse PARIS (Reuters) – Engine maker CFM International is poised to announce one of the world’s largest jet engine orders with a deal for more than 600 engines from India’sRead More →
© Reuters. Siemens receives 1 bln euro order from Russian Railways FRANKFURT (Reuters) – Siemens on Friday said RZD Russian Railways had placed an order for 13 high-speed Velaro trains under a contract worth 1.1 billion euros. The deal between Siemens Mobility and Ural Locomotives, a joint venture of SinaraRead More →
© Reuters. FILE PHOTO: Huawei logo is pictured during the media day for the Shanghai auto show in Shanghai By David Shepardson WASHINGTON (Reuters) – President Donald Trump is expected to sign an executive order this week barring U.S. companies from using telecommunications equipment made by firms posing a nationalRead More →
© Reuters. Oil tankers pass through the Strait of Hormuz By Nidhi Verma NEW DELHI (Reuters) – Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from U.S. sanctions against the OPEC-member, four sources said. In November,Read More →
© Reuters. A model aircraft is displayed at the reception of the China Aircraft Leasing Group office in Hong Kong SHANGHAI (Reuters) – China Aircraft Leasing Group Holdings Ltd (CALC) on Tuesday said it has not put its order for 100 Boeing (NYSE:) Co 737 MAX jets on hold, rebuttingRead More →
© Reuters. FILE PHOTO: U.S. President Trump speaks at the National Republican Congressional Committee Annual Spring Dinner in Washington. WASHINGTON (Reuters) – U.S. President Donald Trump has signed a memorandum setting in motion a way to address trafficking of counterfeit goods through third-party online marketplaces, White House economic adviser PeterRead More →
2/2 © Reuters. FILE PHOTO: Boeing 737 MAX aircraft are parked at a Boeing production facility in Renton 2/2 By Eric M. Johnson, Tim Hepher and Brenda Goh SEATTLE/PARIS/SHANGHAI (Reuters) – China’s move to ground Boeing (NYSE:) Co’s 737 MAX jetliners following the deadly Ethiopian Airlines crash has cast aRead More →
© Bloomberg. The Huawei Technologies Co. pavilion at MWC in 2018. (Bloomberg) — President Donald Trump said he may use an executive order to stop Huawei Technologies Co. from selling advanced telecommunications equipment in the U.S. “Well we’re not doing anything right now,” Trump told reporters when asked about anRead More →
© Reuters. The Embraer logo is seen during the LABACE fair in Sao Paulo SAO PAULO (Reuters) – Brazilian planemaker Embraer SA signed a firm order with SkyWest for nine E175 jets, the company said in a securities filing on Thursday. Deliveries should start this year in a deal withRead More →
