Author Archives: Syndicated Content
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
By Mike Scarcella (Reuters) - The U.S. government's antitrust lawsuit against Apple draws on the watershed 1998 case that broke Microsoft's stranglehold on desktop software, but that may prove to be a...
Mar 22, 2024
Reddit dips day after strong NYSE debut
(Reuters) - Social media platform Reddit's shares ticked down 2.6% before the bell on Friday, a day after it notched a 48% gain in its debut on the New York Stock Exchange. The company's share sale wa...
Mar 22, 2024
Morning Bid: Dollar surges after central bank barrage, Apple bruised
A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. dollar seems to have emerged a clear winner from the week's magical mystery tour of world central banks - with record high W...
Mar 22, 2024
Kremlin says Russia is at war due to Western intervention on Ukrainian side
MOSCOW (Reuters) - Russia regards itself to be at war due to the West's intervention on Ukraine's side and cannot allow a state to exist on its borders that has shown itself ready to use any method to...
Mar 22, 2024
Germany, France reach 'breakthrough' deal on tank development, minister says
BERLIN (Reuters) - Germany and France have reached a "breakthrough" on how to develop the planned joint Main Ground Combat System (MGCS) for a new tank design and split up tasks between the two countr...
Mar 22, 2024
Chrysler to recall about 286,000 US vehicles over airbag inflator issue, NHTSA says
(Reuters) -Chrysler is recalling nearly 286,000 vehicles in the United States over a manufacturing defect that might cause the side curtain airbag inflators to rupture, the National Highway Traffic Sa...
Mar 22, 2024
BOJ lays out need to beef up research, analysis in 5-year strategic plan
TOKYO (Reuters) - The Bank of Japan on Friday highlighted the need to enhance its research and analytical capabilities in the first medium-term strategic plan compiled under academic-turned governor K...
Mar 22, 2024
Tesla trims output of cars in China amid slower EV sales growth, Bloomberg reports
(Reuters) - Tesla has reduced its car production at its plant in China, Bloomberg News reported on Friday, as the U.S. electric vehicle-maker grapples with slow demand and strong competition in the ma...
Mar 22, 2024
ECB increasingly likely to cut rates before summer break, Nagel says
FRANKFURT (Reuters) - The European Central Bank may be in a position to cut interest rates before the summer recess, possibly in June, as inflation is on its ways back to the bank's 2% target, Bundesb...
Mar 22, 2024
Italy regulator launches probe into Booking.com for potential abuse of dominant position
ROME (Reuters) - Italy's antitrust has opened a probe into Booking.com to establish whether the travel website is in a potential abuse of dominant position, the regulator said on Friday. The watchdog ...
Mar 22, 2024
