By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. If the first proper global trading day of 2023 offers any clue on how the following 12 months will unf[...]
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January 3, 2023
No ‘substantive’ settlement talks between U.S. FTC, Microsoft over Activision -lawyer
WASHINGTON (Reuters) – There are no “substantive” settlement discussions under way between the Biden administration and Microsoft Corp to resolve a legal dispute over the Xbox maker[...]
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Foxconn to use Nvidia chips to build self-driving vehicle platforms
(Reuters) -Chipmaker Nvidia Corp and electronics manufacturer Foxconn announced a partnership on Tuesday to develop autonomous vehicle platforms. Taiwanese contract manufacturer Foxconn said it will m[...]
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Credit reporting firms should fix practices amid consumer complaints- U.S. watchdog
By Hannah Lang (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) on Tuesday recommended that Experian, Equifax and TransUnion change how they respond to consumers after logging al[...]
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JPMorgan, Citi among firms facing potential divestment by Kentucky over energy ‘boycott’
(Reuters) -Kentucky on Tuesday warned 11 major financial companies, including Citigroup Inc, JPMorgan Chase & Co and BlackRock Inc, of potential divestment over their “boycott” of ener[...]
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Apple’s market value falls below $2 trillion for the first time since 2021
(Reuters) – Apple Inc’s market capitalization slipped below $2 trillion on the first trading of 2023 as its stock fell nearly 4% following a rating downgrade due to production disruption i[...]
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Southwest Airlines is sued for not providing refunds after meltdown
By Jonathan Stempel NEW YORK (Reuters) -Southwest Airlines has been sued by a passenger who said it failed to provide refunds to passengers left stranded when an operational meltdown led the carrier t[...]
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Shaw Communications falls as court stay on Rogers deal sparks uncertainty
(Reuters) -Shares of Shaw Communications Inc fell on Tuesday after a Federal Court put a stay on the telecom company’s C$20 billion merger with Rogers Communications Inc following a request from[...]
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U.S. construction spending rebounds in November
WASHINGTON (Reuters) – U.S. construction spending unexpectedly rebounded in November, lifted by gains in nonresidential structures, but single-family homebuilding continued to be hammered by hig[...]
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