Reuters Asia

Washington moves to boost crackdown on China Telecom’s US unit, source says

By David Shepardson and Alexandra Alper WASHINGTON (Reuters) -The U.S. Commerce Department is moving to further crack down on China Telecom’s U.S. unit over concerns it could exploit access to American data through their U.S. cloud and internet businesses by providing it to Beijing, a source told Reuters. The source confirmed a New York Times …

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China resident who stole Tesla trade secrets gets 2-year US sentence

By Blake Brittain (Reuters) – A German-Canadian resident of China was sentenced to 24 months in prison in the U.S. for stealing electric vehicle trade secrets from Tesla for his competing EV battery business, the U.S. Department of Justice said on Monday. Klaus Pflugbeil, 59, pleaded guilty in June to conspiring with business partner Yilong …

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Exclusive-Trump transition team plans sweeping rollback of Biden EV, emissions policies

By Jarrett Renshaw and Chris Kirkham (Reuters) – Incoming U.S. President Donald Trump’s transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters. The recommendations, which have not been previously …

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Indian capital tightens anti-pollution measures as air quality worsens

(Reuters) – India directed schools to move to hybrid mode for some grades, asked government offices to stagger timings for staff and imposed restrictions on vehicles in Delhi and adjoining regions as air quality deteriorated in the country’s north on Monday. Delhi recorded “very poor” air on Monday with an air quality index (AQI) reading …

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UK approves Indian group Bharti’s purchase of 24.5% stake in BT

LONDON (Reuters) -The British government on Monday approved Indian group Bharti Global’s purchase of a 24.5% stake in London-listed BT, following a detailed national security assessment and assurances from the telecoms company. The purchase of the shares, worth 3.2 billion pounds, was made from the previous top investor, Patrick Drahi’s Altice, under the terms set …

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