India blocks Krafton’s game on concerns over data sharing in China – source

India blocks Krafton's game on concerns over data sharing in China - source

NEW DELHI/SEOUL, July 29 (Reuters) – India’s government blocked a popular battle-royale format game from Krafton Inc (259960.KS), a South Korean company backed by China’s Tencent (0700.HK), as it was concerned about its data sharing and mining in China, an Indian government source said. New Delhi used powers it has under India’s IT law to … Read more

Wall St ends up sharply for 2nd day; Amazon, Apple jump after hours

Wall St rises on Microsoft, Alphabet earnings as Fed decision looms

U.S. economy contracts in the second quarter Meta Platforms revenue drops for first time Ford shares gain after results Indexes: Dow up 1%, S&P 500 up 1.2%, Nasdaq up 1.1% NEW YORK, July 28 (Reuters) – U.S. stocks on Thursday rallied for a second day, with all three major indexes ending up more than 1% … Read more

Wall St rises on Microsoft, Alphabet earnings as Fed decision looms

Wall St rises on Microsoft, Alphabet earnings as Fed decision looms

Microsoft, Alphabet results spark rally in megacap stocks T-Mobile up after raising subscriber growth forecast Fed policy decision expected at 2 p.m. ET Indexes: Dow 0.39%, S&P 1.47%, Nasdaq 2.72% July 27 (Reuters) – The tech-heavy Nasdaq surged nearly 3% on Wednesday, leading Wall Street’s main indexes higher, as upbeat quarterly reports from Microsoft and … Read more

Monkeypox emergency could last months, with window closing to stop spread, experts say

Monkeypox emergency could last months, with window closing to stop spread, experts say

LONDON, July 27 (Reuters) – Scientists advising the World Health Organization (WHO) on monkeypox say the window is closing to stop its spread, with cases currently doubling every two weeks, raising concerns that it will take several months for the outbreak to peak. WHO Europe has forecast just over 27,000 monkeypox cases in 88 countries … Read more

Fed to unveil another big rate hike as signs of economic slowdown grow

Fed to unveil another big rate hike as signs of economic slowdown grow

U.S. Federal Reserve Chair Jerome Powell takes questions during a news conference following a two-day meeting of the Federal Open Market Committee (FOMC) in Washington, U.S., June 15, 2022. REUTERS/Elizabeth Frantz/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, July 27 (Reuters) – With the Federal Reserve expected to hike its key … Read more

Alibaba aims to add primary listing in Hong Kong, woo China investors after crackdown

Alibaba aims to add primary listing in Hong Kong, woo China investors after crackdown

A man walks past the Alibaba Group office building in Beijing, China August 9, 2021. REUTERS/Tingshu Wang Register now for FREE unlimited access to Reuters.com Register Expects to add HK primary listing by end-2022, keep NYSE listing HK shares jump nearly 6%; move will diversify investor base -CEO Seen boosting mainland China investor access to … Read more

S&P 500 ends choppy session nearly flat; investors eye Fed, earnings

S&P 500 ends choppy session nearly flat; investors eye Fed, earnings

Apple, Amazon.com among companies to report earnings this week FOMC to kick off two-day policy meeting from Tuesday Miner Newmont falls after raising annual cost forecast Indexes: Dow up 0.3%, S&P 500 up 0.1%, Nasdaq down 0.4% NEW YORK, July 25 (Reuters) – The S&P 500 see-sawed on Monday and ended close to unchanged as … Read more

EXCLUSIVE Hyundai subsidiary has used child labor at Alabama factory

EXCLUSIVE Hyundai subsidiary has used child labor at Alabama factory

  LUVERNE, Alabama, July 22 (Reuters) – A subsidiary of Hyundai Motor Co has used child labor at a plant that supplies parts for the Korean carmaker’s assembly line in nearby Montgomery, Alabama, according to area police, the family of three underage workers, and eight former and current employees of the factory. Underage workers, in … Read more

Wall Street closes lower as ad tech, social media stocks drop

Wall Street closes lower as ad tech, social media stocks drop

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Snap Inc shares plunge on slowing growth Communication services stocks lead sectoral declines AmEx raises revenue forecast on resilient card spending Indexes down: Dow … Read more