GEN

India freezes assets of Binance-linked WazirX

Representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register MUMBAI, Aug 5 (Reuters) – India’s financial crime-fighting agency said on Friday it had frozen the assets of WazirX, linked to the world’s largest digital currency exchange Binance, as part of its investigation …

India freezes assets of Binance-linked WazirX Read More »

Musk says Twitter deal should go ahead if it provides proof of real accounts

An image of Elon Musk is seen on smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – Elon Musk said that if Twitter Inc. (TWTR.N) could provide its method of sampling 100 accounts and …

Musk says Twitter deal should go ahead if it provides proof of real accounts Read More »

Tensions with US spur Chinese buying of chipmaking stocks

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration Register now for FREE unlimited access to Reuters.com Register SHANGHAI, Aug 5 (Reuters) – Chinese chipmakers’ shares jumped by the most in two years this week as House of Representatives Speaker Nancy Pelosi’s visit …

Tensions with US spur Chinese buying of chipmaking stocks Read More »

TC Energy inks deal with Mexican utility to develop $4.5 bln gas pipeline

TC Energy’s logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – TC Energy Corp (TRP.TO) said on Thursday it had struck a deal with a Mexican state utility to develop a $4.5 billion natural gas pipeline. …

TC Energy inks deal with Mexican utility to develop $4.5 bln gas pipeline Read More »

Tesla shareholders broadly follow board recommendations at the annual meeting

Aug 4 (Reuters) – Tesla Inc (TSLA.O) shareholders voted in line with board recommendations on most issues at the company’s annual meeting on Thursday, re-electing directors, approving a stock split and rejecting a number of proposals focused on environment and governance. Votes on three of 13 proposals did not follow board recommendations, according to preliminary …

Tesla shareholders broadly follow board recommendations at the annual meeting Read More »

Facebook parent Meta makes first-ever bond offering

The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – Facebook-parent Meta Platforms (META.O) said on Thursday it would make its first-ever bond offering, at a time when the social media …

Facebook parent Meta makes first-ever bond offering Read More »

Sterling falls as BoE expects recession, US futures up

The Bank of England hikes rates by 50 basis points BoE expects recession throughout 2023 Fed official: 50bp hike in Sept “reasonable” Oil stabilizes after hitting a six-month low Lufthansa returns to operating profit LONDON, Aug 4 (Reuters) – Sterling fell on Thursday after the Bank of England followed its counterparts in the United States …

Sterling falls as BoE expects recession, US futures up Read More »

Indian agency accuses Vivo of $280 million tax evasion

A scooterist rides past a shopping complex with the billboard of Chinese smartphone maker Vivo in Ahmedabad, India, December 14, 2018 REUTERS/Amit Dave Register now for FREE unlimited access to Reuters.com Register MUMBAI, Aug 3 (Reuters) – An Indian government agency has accused Chinese-owned Vivo Mobile of evading taxes worth 22.1 billion Indian rupees ($280 …

Indian agency accuses Vivo of $280 million tax evasion Read More »

India nixes privacy bill that alarmed big tech companies, works on new law

NEW DELHI, Aug 3 (Reuters) – India’s government on Wednesday withdrew a data protection and privacy bill which was first proposed in 2019 and had alarmed big technology companies such as Facebook and Google, announcing it was working on a new comprehensive law. The 2019 law had proposed stringent regulations on cross-border data flows and …

India nixes privacy bill that alarmed big tech companies, works on new law Read More »

EXCLUSIVE Airbus axes remaining A350 jet deal with Qatar Airways -sources

PARIS, Aug 3 (Reuters) – Airbus ( AIR.PA ) has revoked its entire outstanding order from Qatar Airways for A350 jets, severing all new jetliner business with the Gulf carrier in a dramatic new twist to a dispute clouding World Cup preparations, two industry sources said. No comment was immediately available from Airbus or Qatar …

EXCLUSIVE Airbus axes remaining A350 jet deal with Qatar Airways -sources Read More »