EU countries, lawmakers clinch deal on new online content rules

European Union countries and EU lawmakers on Friday clinched a deal on new rules requiring tech giants to do more to police content on their platforms and to pay a fee to regulators monitoring their compliance.

newspaper

23-04-2022

Indonesia's Indrawati says palm oil export ban will hurt other countries, but necessary

Indonesia's new palm oil export ban will hurt other countries but is necessary to try to bring down the soaring domestic price of cooking oil driven up by Russia's war in Ukraine, Indonesia's finance minister told Reuters on Friday.

newspaper

22-04-2022

AT&T taps company veteran as chief operating officer

AT&T Inc named Jeff McElfresh, who headed its largest business unit, as chief operating officer, part of the U.S. carrier's efforts to refocus on its connectivity business following the merger of its WarnerMedia unit with Discovery Inc.

newspaper

22-04-2022

Boeing 777X deliveries likely to be delayed until early 2025 -source

WASHINGTON (Reuters) -Boeing Co is preparing for a new delay in the 777X program that would push first deliveries by at least a year into early 2025, a source briefed on the matter told Reuters.

newspaper

22-04-2022

Speculators' net long bets on U.S. dollar trimmed -CFTC, Reuters

Speculators' net long bets on the U.S. dollar fell for a third straight week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday.

newspaper

22-04-2022

U.S. dollar hits more than 2-year high on aggressive Fed hike outlook

The dollar surged to a more than two-year high on Friday, continuing to draw support from Federal Reserve Chair Jerome Powell's comments on Thursday that seemed to back a half a percentage point tightening at next month's policy meeting, as well as his remarks on a likely consecutive rate hikes this year.

newspaper

22-04-2022

Republican Party is 'the MAGA party now,' Biden says after McCarthy audio's release

U.S. President Joe Biden took an unusually harsh swipe at his Republican opponents during Earth Day remarks on Friday, calling their party the "MAGA party," a reference to former President Donald Trump's "Make America Great Again" slogan.

newspaper

22-04-2022

Oil falls, posts nearly 5% weekly loss on growth concerns

HOUSTON (Reuters) -Oil slipped on Friday, posting a weekly loss of nearly 5%, on the prospect of weaker global growth, higher interest rates and COVID-19 lockdowns in China hurting demand even as the European Union considers a ban on Russian oil that would further tighten supply.

newspaper

22-04-2022