Exclusive: U.S. lawmakers call for sanctions against Israel’s NSO, spyware firms
A group of U.S. lawmakers is asking the Treasury Department and State Department to sanction Israeli spyware firm NSO Group and three other foreign surveillance companies they say helped authoritarian governments commit human rights abuses.
From China to Best Buy: Gaming controllers hit bumps on way to U.S. consumers
Fraser Townley eyes two gaping holes in one side of a pallet one of his workers just pulled out of the orange Hapag-Lloyd shipping container that arrived here at his warehouse from China one recent chilly morning.
U.S. airlines to defend $54 billion COVID-19 government lifeline
Major U.S. airlines Wednesday will defend a $54 billion COVID-19 government lifeline even as they face operational challenges and work to speed hiring to address rising demand.
German chip chemical supplier to spend $1 bln in U.S., pairs with Palantir on supply chain data
A German supplier of chemicals and materials used in making semiconductors said on Tuesday that it is investing $1 billion in its U.S. operations and forming a joint venture with data analytics firm Palantir Technologies (PLTR.N) to solve chip industry supply chain problems.
Dubai leads major Gulf bourses higher as Omicron fears ease
Most stock markets in the Gulf rose in early trade on Tuesday, on receding worries about the impact of the Omicron coronavirus variant, with the Dubai index outperforming the region.
Exclusive: Uber in talks with Mideast unit over outside investment – sources
Uber Technologies (UBER.N) is in talks with the management of its Middle East unit Careem to bring outside investors into the business, four sources familiar with the matter said.
Samsung names new CEOs, to merge mobile, consumer electronics units
Samsung Electronics Co Ltd (005930.KS) will merge its mobile and consumer electronics divisions, the firm said on Tuesday, naming new co-chief executives in the biggest reshuffle since 2017 to simplify its structure and focus on the logic chip business.
LG Energy Solution targets up to $10.9 bln in S.Korea’s biggest IPO
LG Energy Solution (LGES) is likely to raise up to 12.8 trillion won ($10.87 billion) in what could be South Korea’s biggest initial public offering as the battery maker seeks funds to expand and meet booming demand for EV batteries.
BMW hits 1 mln EV sales, targets 2 mln fully electric sales by 2025
BMW (BMWG.DE) has sold its one millionth electric vehicle (EV) – including purely electric and hybrid vehicles – and plans to reach two million sales of purely electric vehicles by 2025, the German carmaker said on Tuesday.
UAE to shift to Saturday-Sunday weekend to align with global markets
The United Arab Emirates said on Tuesday it would shift to a four and half-day working week with a Saturday-Sunday weekend from next year to better align its economy with global markets.
