Town Hall News

By Eduardo Baptista and Yuvraj Malik (Reuters) -Search engine giant Baidu Inc beat first-quarter revenue and profit estimates on Tuesday as businesses spent more on advertising amid China’s post-COVID reopening, and said it was awaiting regulatory approval to launch its ChatGPT-like Ernie bot. Business momentum in China is building after it dropped most of its strict COVID curbs late last year, with consumers and businesses reviving spending.  China’s economy grew […]

By Gabriela Baczynska BRUSSELS (Reuters) -The EU’s latest draft of new sanctions against Russia would make it more difficult than originally proposed to cut trade with third countries over busting existing restrictions, a document showed, after Berlin warned against targeting China. The EU is working on what would be its 11th round of sanctions since Russia invaded Ukraine in February last year, this time focused on cracking down on those […]

By Gabriela Baczynska BRUSSELS (Reuters) -The EU’s latest draft of new sanctions against Russia would make it more difficult than originally proposed to cut trade with third countries over busting existing restrictions, a document showed, after Berlin warned against targeting China. The EU is working on what would be its 11th round of sanctions since Russia invaded Ukraine in February last year, this time focused on cracking down on those […]

By Dawn Chmielewski, Helen Coster and Sheila Dang NEW YORK (Reuters) – An animated appearance by Ted, the foul-mouthed teddy bear from the movie of the same name, a gaggle of “Real Housewives” and a NBC News political correspondent appeared at NBCUniversal’s annual ad-selling “upfront” presentation, as a writers’ strike prompted high-wattage acting talent to shun the event. The annual series of glitzy presentations, held in May in New York […]

By Dawn Chmielewski, Helen Coster and Sheila Dang NEW YORK (Reuters) – An animated appearance by Ted, the foul-mouthed teddy bear from the movie of the same name, a gaggle of “Real Housewives” and a NBC News political correspondent appeared at NBCUniversal’s annual ad-selling “upfront” presentation, as a writers’ strike prompted high-wattage acting talent to shun the event. The annual series of glitzy presentations, held in May in New York […]

By Gabriela Baczynska BRUSSELS (Reuters) -The EU’s latest draft of new sanctions against Russia would make it more difficult than originally proposed to cut trade with third countries over busting existing restrictions, a document showed, after Berlin warned against targeting China. The EU is working on what would be its 11th round of sanctions since Russia invaded Ukraine in February last year, this time focused on cracking down on those […]

By Gabriela Baczynska BRUSSELS (Reuters) -The EU’s latest draft of new sanctions against Russia would make it more difficult than originally proposed to cut trade with third countries over busting existing restrictions, a document showed, after Berlin warned against targeting China. The EU is working on what would be its 11th round of sanctions since Russia invaded Ukraine in February last year, this time focused on cracking down on those […]

WASHINGTON (Reuters) – The U.S. Justice Department said on Tuesday that it had charged a former Apple Inc engineer with attempting to steal the firm’s technology related to autonomous systems, including self-driving cars. The engineer, whom Justice Department officials named as Weibao Wang, 35, in 2017 accepted a U.S.-based job with a Chinese company working to develop self-driving cars before resigning from Apple. (Reporting by Sarah N. Lynch, David Shepardson […]

WASHINGTON (Reuters) – The U.S. Justice Department said on Tuesday that it had charged a former Apple Inc engineer with attempting to steal the firm’s technology related to autonomous systems, including self-driving cars. The engineer, whom Justice Department officials named as Weibao Wang, 35, in 2017 accepted a U.S.-based job with a Chinese company working to develop self-driving cars before resigning from Apple. (Reporting by Sarah N. Lynch, David Shepardson […]