China's economic activity uneven in Jan-Feb after COVID reopening

China's retail sales in the first two months of 2023 swung back to growth, but factory activity expanded more slowly than expected, suggesting the bruised economy still needs time to fully emerge from pandemic damage.

newspaper

15-03-2023

UK's National Cyber Security Centre reviewing TikTok risks, minister says

LONDON (Reuters) -Britain's National Cyber Security Centre is reviewing whether Chinese-owned video app TikTok should be banned from government phones, security minister Tom Tugendhat said on Tuesday.

newspaper

14-03-2023

US Labor Board judge rules Exxon must repay workers for suspended 401K match

A U.S. National Labor Relations Board (NLRB) administrative law judge on Monday ordered Exxon Mobil Corp to make whole 1,800 employees at two refineries for lost earnings during a suspension of employer contributions to a 401K plan in 2020 and 2021.

newspaper

14-03-2023

Court revives Apple, Google challenge to U.S. patent-review policy

Apple Inc, Google LLC, Cisco Systems Inc and others can sue the U.S. Patent and Trademark Office to challenge a rule that reduced the number of patent-validity proceedings at a USPTO tribunal, a U.S. appeals court said Monday.

newspaper

13-03-2023

Instat View: Bank stocks tank, markets rethink rate-hike path

Global banking shares plunged on Monday as moves by the United States to guarantee deposits at collapsed tech-focused lender Silicon Valley Bank failed to reassure investors that other banks remain financially sound.

newspaper

13-03-2023

Instant View: Bank stocks tank, markets rethink rate-hike path

Global bank shares slid on Monday even as U.S. authorities moved swiftly to stem contagion following the collapse of startup-focused Silicon Valley Bank.

newspaper

13-03-2023

After SVB failure, US acts to shore up banking system confidence

U.S. authorities launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank threatened to trigger a broader financial crisis.

newspaper

13-03-2023

After SVB failure, US acts to shore up confidence in banking system

The U.S. administration stepped in on Sunday with a series of emergency measures to shore up confidence in the banking system after the failure of Silicon Valley Bank threatened to trigger a broader systemic crisis.

newspaper

13-03-2023

After SVB failure, US guarantees all deposits to stem fallout

U.S. officials stepped in to stem financial fallout from the failure of tech startup-focused Silicon Valley Bank, saying that all customers will have access to their deposits starting on Monday.

newspaper

12-03-2023