BEIJING (Reuters) – China’s exports and imports shrank at their steepest pace in at least 2-1/2 years in November, as feeble global and domestic demand, COVID-led production disruptions an[...]
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December 7, 2022
Taiwan seeks to reassure on TSMC commitment to island despite U.S. investment
By Jeanny Kao and Ben Blanchard TAIPEI (Reuters) – Taiwan’s economy minister said on Wednesday that the island remains chipmaker TSMC’s most important production base after the compa[...]
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Tipping Point: New tip guidelines for holiday giving
By Chris Taylor NEW YORK (Reuters) – If you ever want to start a raging family debate over the holiday dinner table, forget religion or politics – just bring up the subject of tipping. There are[...]
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Tesla offers additional discount to Chinese buyers on some models
SHANGHAI (Reuters) – Tesla is offering a limited time discount of 6,000 yuan ($859.20) to Chinese buyers on some models from Wednesday through to the end of 2022, a company representative said o[...]
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Australia fines Uber $14 million for misleading on fares and cancellation fees
By Byron Kaye SYDNEY (Reuters) -An Australian court fined Uber Technologies Inc A$21 million ($14 million) on Wednesday for threatening cancellation fees it never charged and overstating fare estimate[...]
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U.S. lawmakers ease planned curbs on Chinese chips amid corporate pushback
By Alexandra Alper WASHINGTON (Reuters) -U.S. senators scaled back a proposal that placed new curbs on the use of Chinese-made chips by the U.S. government and its contractors, according to a final ve[...]
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Analysis-G7 Russian oil price cap evolves from revenue squeeze to market anchor
By David Lawder and Timothy Gardner WASHINGTON (Reuters) – When U.S. officials first floated the idea of capping Russian oil export prices in response to a planned European embargo in March, the[...]
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U.S. lawmakers decline to add Boeing 737 MAX exemption in defense bill
By David Shepardson WASHINGTON (Reuters) -U.S. lawmakers late on Tuesday declined to add an extension to an annual defense bill of a looming deadline that would impose a new safety standard for modern[...]
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Australian billionaire Forrest snares CWP Renewables for over $2.7 billion
By Scott Murdoch and Sonali Paul SYDNEY/MELBOURNE (Reuters) – Australian mining billionaire Andrew Forrest’s private firm Squadron Energy has acquired CWP Renewables for more than A$4 bill[...]
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