By Andrew Chung and David Shepardson WASHINGTON (Reuters) -TikTok made a last-ditch effort on Monday to continue operating in the United States, asking the Supreme Court to temporarily block a law intended to force ByteDance, its China-based parent company, to divest the short-video app by Jan. 19 or face a ban. TikTok and ByteDance filed …
TikTok turns to US Supreme Court in last-ditch bid to avert ban Read More »
(Reuters) – UK Sport said it will invest 330 million pounds ($418 million) in Olympic and Paralympic sports for the 2028 Los Angeles Games, though athletics and canoeing will see their funding cut. Britain finished seventh in the athletics medal table at the Paris Games with 10 medals, with Keely Hodgkinson winning their only gold …
Olympics-UK Sport to pump $418 million into sports for LA 2028 Games Read More »
By Gilles Guillaume and Alessandro Parodi PARIS/GDANSK (Reuters) – European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge – tougher emissions rules that threaten to further shrink profits across the struggling industry. The European Union will drastically lower its cap on automotive carbon …
Europe’s carmakers discount EVs, hike petrol car prices as new emissions rules loom Read More »
By Kantaro Komiya TOKYO (Reuters) – Space startups in Japan and India said on Tuesday they had agreed to jointly study using laser-equipped satellites to remove debris from orbit, an experimental approach to the increasingly imminent problem of orbital congestion. Tokyo-based Orbital Lasers and Indian robotics company InspeCity said they would study business opportunities for …
Japan, India startups to study laser-equipped satellite to tackle space debris Read More »
By Lucy Papachristou and Nazarali Pirnazarov LONDON/HULBUK, Tajikistan (Reuters) – When Abubakr Yusufi boarded a flight to Moscow in July, he thought he wouldn’t be home for years. The 23-year-old from a small village in Tajikistan hoped to join his uncle and cousins working in construction in the Russian capital and save enough money to …
Russia’s clampdown on Tajik migrants raises economic and security risks Read More »
JAKARTA (Reuters) -Indonesian President Prabowo Subianto headed to Egypt on Tuesday to attend meetings of a group of eight major Muslim developing countries, known as the D-8 Organization for Economic Cooperation, the government said. The D-8, which groups Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey, was established in 1997 to improve cooperation between …
Indonesia’s Prabowo heads to Egypt for D-8 economic summit Read More »
SEOUL (Reuters) – South Korea’s central bank governor said on Tuesday the dollar-won exchange rate had risen since the Dec. 3 martial law attempt, but the market was functioning normally and did not show any crisis-like signs that raise concern. The won traded at 1,438.1 per dollar as of 0611 GMT, compared with its two-year …
Bank of Korea chief sees no crisis-like signs in forex market Read More »
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia’s anti-graft agency raided the headquarters of the central bank in Jakarta on Monday in relation to a probe into alleged mishandling of a corporate social responsibility programme, the agency and the central bank said. The office of central bank Governor Perry Warjiyo was among those raided, …
Indonesia anti-graft body searches central bank’s headquarters Read More »
By David Ljunggren OTTAWA (Reuters) – The abrupt resignation of Canada’s finance minister leaves the government adrift less a month before the inauguration of a new U.S. administration that could impose crippling sanctions on Canadian exports. Chrystia Freeland quit on Monday after Prime Minister Justin Trudeau offered her a lesser position. She said his wish …
Canada government adrift after finance minister resigns, Trump tariffs loom Read More »
By Karin Strohecker LONDON (Reuters) -Sri Lanka’s restructuring of $12.55 billion in international bond debt is set to lead to the launch of a series of new, as-yet-untested instruments linked to economic growth and governance. Observers say it is one of the most complex set of instruments ever arranged in a restructuring. The bonds aim …
Sri Lanka’s ambitious governance and macro-linked bonds Read More »
