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Monday, September 30, 2024
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EU court largely confirms Qualcomm’s EU antitrust fine

BRUSSELS (Reuters) - Europe's second-top court largely confirmed on Wednesday an EU antitrust fine imposed on U.S. chipmaker Qualcomm, revising it down slightly to 238.7 million euros ($265.5 million)

Meta faces hefty EU antitrust fine over classified ads practices, FT reports

(Reuters) - Meta Platforms Inc is facing a hefty fine in the EU over its alleged efforts to dominate the classified advertising market, the Financial Times reported on Wednesday, citing people

Hedge fund Irenic urges Canadian firm Kinaxis to run a strategic review

By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund Irenic Capital Management on Tuesday urged Kinaxis to see who may want to buy the Canadian software company and warned its board against making "

Fake Kamala hit-and-run story is the work of Russian propaganda group, Microsoft says

By Christopher Bing (Reuters) - A false claim circulating on social media that Democratic presidential candidate Kamala Harris left a 13-year-old girl paralyzed after an alleged hit-and-run in San

Australia’s RBA to prioritise wholesale CBDC work over retail

SYDNEY (Reuters) - Australia's central bank has decided to prioritise work on a wholesale central bank digital currency (CBDC) as its economic benefits are judged to outweigh those of a retail version

Exclusive-Inside the US push to steer Vietnam’s subsea cable plans away from China

By Francesco Guarascio, Phuong Nguyen and Joe Brock HANOI (Reuters) - The United States is urging Vietnam to avoid Chinese cable-laying firm HMN Technologies and other Chinese companies in its plans

Blink Charging to reduce global workforce by 14% in cost-saving effort

(Reuters) -Blink Charging said on Tuesday it would lay off about 14% of its global workforce as part of a cost-reduction plan, as the electric vehicle charging equipment maker tackles weaker demand.

Hedge fund Irenic urges Kinaxis to run a strategic review

NEW YORK (Reuters) - Hedge fund Irenic Capital Management on Tuesday urged Kinaxis to see who may want to buy the Canadian software company and warned its board against making "reactive decisions" and

Intuitive Machines clinches $4.8 billion navigation services contract from NASA

(Reuters) -Intuitive Machines said on Tuesday it has bagged a navigation and communication services contract of up to $4.82 billion from NASA for missions in the near space region. Shares of the space

NASA awards $4.8 billion navigation services contract to Intuitive Machines

(Reuters) - NASA has awarded Intuitive Machines a contract of up to $4.82 billion for communication and navigation services for missions in the near space region, the space exploration company said on

On Camera

Drop that cigarette. Smokers are twice as likely to develop skin cancer compared to non-smokers

A noticeable effect of smoking is premature aging. Studies indicate that the skin biopsy of a 40-year-old heavy smoker can resemble that of a 70-year-old non-smoker.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?