Town Hall News

By Arpan Chaturvedi NEW DELHI (Reuters) -An Indian tribunal on Wednesday gave partial relief to Alphabet Inc’s Google by setting aside four of 10 antitrust directives in a case related to the dominant market position of its Android operating system. The Competition Commission of India (CCI) said in October that Google had exploited its dominant position in Android and told it to remove restrictions imposed on device makers, including related […]

KYIV (Reuters) -The head of the U.N. nuclear watchdog visited the Russian-held Zaporizhzhia nuclear power station in southeastern Ukraine on Wednesday as part of efforts to avert the risk of an atomic accident. Rafael Grossi, head of the International Atomic Energy Agency, arrived at Europe’s largest nuclear power plant to review the situation there, an IAEA spokesperson said. “At the plant now,” the spokesperson said. Moscow and Kyiv have repeatedly […]

By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Investors are piling into China’s tech, media and telecom shares, with speculative bets on chatbot development crowding out other sectors in a scenario that offers a stark contrast with global caution. Mainland China computer, communications equipment and media indexes have surged between 29% and 35% this year, outstripping a rise of just 3.5% in the benchmark CSI 300 Index. On some […]

By John Revill ZURICH (Reuters) – UBS Group AG has rehired Sergio Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse – a surprise move to take advantage of the Swiss banker’s experience rebuilding the bank after the global financial crisis. The trader turned corporate problem fixer faces the tough challenge of laying off thousands of staff, cutting back Credit Suisse’s investment bank and reassuring the world’s […]

SEOUL (Reuters) -A top security adviser for South Korean President Yoon Suk Yeol said on Wednesday he had offered to step down. His resignation comes ahead of Yoon’s summit with U.S. President Joe Biden next month. Media reports said earlier National Security Adviser Kim Sung-han could be replaced over planning issues related to Yoon’s visit to Washington. Kim said he had wanted to return to academia after laying the groundwork […]

By Nandita Bose WASHINGTON (Reuters) – U.S. President Joe Biden will announce new funding to bolster democracies around the world on Wednesday amid criticism his administration has made little progress in advancing human rights and democracy as a focus of its foreign policy. Biden will announce $690 million to fight corruption, support free and fair elections and advance technogies that support democratic governments at a second White House-led Summit for […]

By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Investors are piling into China’s tech, media and telecom shares, with speculative bets on chatbot development crowding out other sectors in a scenario that offers a stark contrast with global caution. Mainland China computer, communications equipment and media indexes have surged between 29% and 35% this year, outstripping a rise of just 3.5% in the benchmark CSI 300 Index. On some […]

NEW DELHI (Reuters) – An Indian tribunal on Wednesday gave partial relief to Alphabet Inc’s Google by setting aside four of the 10 antitrust directives in a case related to abuse of its dominant position in Android. (Reporting by Arpan Chaturvedi; Editing by Aditya Kalra and Jan Harvey) Brought to you by www.srnnews.com

By Fabian Hamacher and Bernard Orr TAOYUAN, Taiwan/BEIJING (Reuters) -External pressure will not stop Taiwan engaging with the world, President Tsai Ing-wen said on Wednesday as she left for the United States, hitting a defiant note after China threatened retaliation if she met U.S. House Speaker Kevin McCarthy. China, which claims democratically-ruled Taiwan as its own territory, has repeatedly warned U.S. officials not to meet Tsai, viewing it as support […]