Business News
By Kevin Buckland TOKYO (Reuters) – Asian stocks rose on Tuesday while U.S. bond yields and the dollar hung back from multi-month highs as traders awaited President-elect Donald Trump’s cabinet selection and sought to gauge the outlook for Federal Reserve easing. Tech shares advanced, tracking Wall Street’s recovery from last week’s steep losses although Nvidia … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world European leaders should be prepared to send military forces to Ukraine to underpin any peace deal engineered by Donald Trump between Kyiv and Moscow, Estonia’s foreign minister has said. Margus Tsahkna told the … Read more
President-elect Donald Trump’s pick to lead the Federal Communications Commission, Brendan Carr, is a longtime opponent of Big Tech. Carr wants to do away with many of the protections afforded to large social media platforms under Section 230 of the Communications Decency Act. The provision gives online platforms some protections from legal consequences for third-party … Read more
State and central government goods and services tax (GST) officials, who constitute the fitment committee, have reviewed whether delivery charges levied by food delivery companies like Swiggy and Zomato should continue to be taxed. The reason for the review is the Directorate General of GST Intelligence (DGGI) notice of last year questioning the classification of … Read more
(Bloomberg) — Two of the world’s biggest foreign holders of US government debt offloaded a pile of Treasuries in the third quarter as they rallied before the presidential election. Most Read from Bloomberg Japanese investors sold a record $61.9 billion of the securities in the three months ended Sept. 30, data from the US Department … Read more
NiseriN/iStock via Getty Images YPF (NYSE:YPF) ended +7.8% on Monday to its highest level in nearly a decade after the governments of Argentina and Brazil signed a memorandum of understanding to study the development of infrastructure for sending natural gas exports from
Evercore ISI senior managing director Mark Mahaney discusses whether the Justice Department lawsuit against Google will affect its stock price on ‘Varney & Co.’ The Department of Justice (DOJ) is expected to request a judge to force Alphabet’s Google to sell its Chrome internet browser, which the DOJ claims has been used to maintain an … Read more
WASHINGTON (Reuters) -The United States said on Monday it was Russia that is escalating the conflict in Ukraine by deploying North Korean troops, after the Kremlin warned that Washington would deepen its involvement in the war by allowing Kyiv’s forces to strike far into Russia with U.S.-made weapons. State Department spokesperson Matthew Miller in a … Read more
Hong Kong pro-democracy activists get up to 10 years in prison
Even before President-elect Donald Trump and his tariff-heavy agenda won the White House, top companies were already planning to shift production out of China at a faster pace, according to a new study. Based on a survey of 166 CEOs and COOs, Bain and Company found that the share of companies moving operations out of … Read more