Alibaba unit ordered to pay NetEase $7.2 million over game copyright
By Josh Ye HONG KONG (Reuters) -A Chinese court has ordered an Alibaba Group unit that developed the hit mobile
2023-05-24 20:45
Facebook owner Meta starts final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc started carrying out the last batch of a three-part round of
2023-05-24 20:17
Bank of Montreal Misses Forecast; Loan-Loss Set-Asides Grow
Bank of Montreal posted a surprise drop in fiscal second-quarter profit as it set aside a larger provision
2023-05-24 20:16
No blanket spending cuts in 2024 budget, says German Finance Minister
BERLIN There will be no blanket spending cuts in the 2024 budget, German Finance Minister Christian Lindner said
2023-05-24 19:55
Israel Passes Budget With Big Grants to Ultra-Orthodox
Israel’s parliament passed a national two-year budget that includes billions of dollars in funding for West Bank settlements
2023-05-24 19:54
BMO, Scotiabank Earnings Miss as Loan-Loss Provisions Increase
Bank of Montreal and Bank of Nova Scotia missed earnings estimates after both Canadian banks reported higher loan-loss
2023-05-24 19:54
Will the debt ceiling debate finish the Fed's inflation fight?
Over the last 14 months, the Federal Reserve has taken a deliberate and economically painful approach to combating elevated inflation rates through interest rate hikes. The regional banking crisis and a possible debt-ceiling induced default on US debt could change all of that.
2023-05-24 19:53
EU Banks Are Said to Sail Through Early Round of Stress Test
Many large European banks are emerging from early rounds of a key stress test in robust financial health,
2023-05-24 19:52
UK Price Shock Sends Bond Yields to Levels Last Seen Under Truss
UK bond yields are back to where they were when Liz Truss was in No. 10 after a
2023-05-24 18:56
Meta Loses Court Fight Over EU Hunt for Antitrust Evidence
Meta Platforms Inc. lost a court fight with European Union regulators who demanded vast amounts of data to
2023-05-24 18:54
Uber steps up EV push in India with Uber Green
By Aditi Shah and Navamya Ganesh Acharya NEW DELHI/BENGALURU (Reuters) -Ride-hailing platform Uber Technologies is stepping up its efforts to
2023-05-24 18:28
Cayman Islands regulator explores legal options after Silicon Valley Bank deposit seizure - WSJ
The Cayman Islands Monetary Authority (CIMA) is exploring legal options after the U.S. Federal Deposit Insurance Corp seized
2023-05-24 18:24