(Reuters) – A U.S. federal appeals court ruled on Friday in favor of upholding a law requiring China-based ByteDance to divest its popular short video app TikTok in the United States by early next year or face a ban. Here is what will likely happen next for TikTok. WHAT’S NEXT FOR TIKTOK IN COURT? TikTok and …
Explainer-What happens next for TikTok after court ruling against it? Read More »
LONDON (Reuters) – Mike Tyson is being sued in a London court for nearly 1.5 million euros ($1.59 million) for allegedly breaking a deal to promote a gambling company in order to fight social media influencer-turned-prizefighter Jake Paul. Medier, a Cyprus-registered company that promotes online casino and betting company Rabona, is suing the former heavyweight …
Mike Tyson sued in UK for ditching promotion deal to fight Jake Paul Read More »
By Joao Manuel Vicente Mauricio and Johann M Cherian (Reuters) -European shares eked out gains on Friday, with French stocks logging their biggest daily rise in three weeks as investors factored in a potential budget despite ongoing political uncertainty, while also parsing an upbeat U.S. jobs report. The pan-European STOXX 600 was up 0.1%, logging …
STOXX closes up; French stocks outperform on expectations of new budget Read More »
GQEBERHA, South Africa (Reuters) -Opener Pathum Nissanka led Sri Lanka’s fight back against hosts South Africa on Friday as they closed the second day of the second test on 242-3, trailing by 116 runs. Nissanka was dropped when he was on 22 and went on to punish the South African bowlers, helping to blunt a …
Cricket-Sri Lanka fight back to trail South Africa by 116 runs Read More »
By Felix Light TBILISI (Reuters) – Georgia’s capital Tbilisi has resounded with the crackle of fireworks late into the night for the past week – their eruptions becoming a symbol of the large pro-EU protests that have plunged the South Caucasus country into crisis. With riot police using water cannon, tear gas and mass arrests …
By Michael S. Derby (Reuters) – In her first major policy speech, Federal Reserve Bank of Cleveland President Beth Hammack said on Friday she’s keeping her options open when it comes to the central bank’s next policy meeting, as broader economic conditions continue to argue for a slowdown in the pace of rate cuts. “I …
Fed’s Hammack says time to slow rate cuts may have arrived Read More »
(Reuters) – Brokerage HSBC said on Friday it expects the S&P 500 index to hit 6,700 by the end of 2025, on the back of robust corporate earnings growth and a resilient U.S. economy. The brokerage’s current forecast implies an upside of about 10.3% to the index’s last close of 6,075.11. “We expect next year’s …
HSBC expects S&P 500 index to hit 6,700 by end-2025 Read More »
By Lucy Papachristou and Dmitry Antonov MOSCOW (Reuters) -President Vladimir Putin said on Friday that Russia could deploy its new Oreshnik intermediate-range hypersonic missile on the territory of its ally Belarus in the second half of next year. Putin was responding to a request from Belarusian President Alexander Lukashenko at a summit in Minsk, where …
Putin says new Oreshnik hypersonic missile could be deployed in Belarus Read More »
(Reuters) – Teva Pharmaceutical Industries said on Thursday it will transfer ownership of its business venture that sold generics in Japan to JKI. Israel-based Teva’s deal with JKI will transfer all the shares of the unit Teva-Takeda and its subsidiary Teva Takeda Yakuhin to the firm. Teva-Takeda is a joint venture established in 2016 by …
Pharma firm Teva to divest its business venture in Japan Read More »
By Patrick Wingrove (Reuters) – Eli Lilly said on Thursday it will invest $3 billion to expand the manufacturing plant it bought in Pleasant Prairie, Wisconsin earlier this year, as it scrambles to meet soaring demand for its weight-loss and diabetes drugs. The new investment in the factory, which it acquired from Nexus Pharmaceuticals, will …
Lilly invests $3 billion to expand Wisconsin plant as obesity drug demand soars Read More »
