SYDNEY (Reuters) – Australia will force American tech giants Facebook Inc (FB.O) and Alphabet Inc (GOOGL.O) Google will pay Australian media for news content in a landmark move to protect independent journalism that will be seen around the world. FILE PHOTO: The Facebook symbol is seen on a motherboard in …
Read More »UNITED STATES STOCKS: Wall St Stumbles As 3M Stimulus Talks Emerge, McDonald’s Disappoints
(For a live blog on the US stock market, click or type LIVE / in a news window) * Pfizer rose after raising the forecast for the full year * McDonald’s falls when global sales at the same store disappoint * 3M falls as quarterly earnings fail estimates * Downward …
Read More »Alibaba’s Ant Group fires a starter pistol on a double list in Hong Kong, Shanghai
HONG KONG (Reuters) – Ant Group, the fintech arm of Chinese e-commerce giant Alibaba Group Holding (BABA.N), said the process of a dual listing in Hong Kong and the Nasdaq-style Shanghai Star Market has begun, kicking off one of the world’s most anticipated IPOs. FILE PHOTO: The logo of Ant …
Read More »Former Nissan boss Ghosn says Renault / Nissan results are ‘pathetic’
PARIS (Reuters) – Former Nissan Motor Co Ltd president Carlos Ghosn criticized his former employers in a newspaper interview on Sunday, calling the results of Renault and Nissan “pathetic”, fueled both by the lack of joint leadership as by COVID. 19 pandemic. FILE PHOTO: Former Nissan President Carlos Ghosn gestures …
Read More »Free pizza and a 75-foot musk statue: the battle for the next Tesla plant
(Reuters) – Tulsa, Oklahoma, is an oil industry city with a 75-foot (23m) statue called “The Golden Driller.” FILE PHOTO: Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla’s Model Y show, made in China, in Shanghai, China on January 7, 2020. REUTERS / Aly Song / …
Read More »