Google proposes new commitments on browser cookies – UK competition regulator
Britain’s competition regulator said on Friday it had secured improved commitments from Alphabet’s (GOOGL.O) Google on changes to user-tracking cookies in its browser, including the U.S. tech giant extending the time any pledges would last to six years.
Analysis: In Japan, a weaker yen may not be the blessing it once was
A weak yen, once seen as favourable for Japan’s exports-focused economy, has now become a pain point as it eats into household finances and confounds policymakers.
Analysis: EU adds more pieces to its ‘elusive’ capital market jigsaw
The European Union has moved a step closer to its vision of creating a single capital market across the bloc, a slow moving process but one that is chipping further away at Britain’s status as Europe’s investment banker.
Tesla to invest $188 mln to expand Shanghai factory capacity -Beijing Daily
Tesla Inc (TSLA.O) plans to invest up to 1.2 billion yuan ($187.91 million) to expand production capacity at its Shanghai factory that will allow it to employ 4,000 more people at the site, state-backed Beijing Daily newspaper reported on Friday.
Stocks lurch lower, bonds jump as virus variant spooks investors
Stocks suffered their sharpest drop in three months in Asia on Friday and oil tumbled after the detection of a new and possibly vaccine-resistant coronavirus variant sent investors scurrying toward the safety of bonds, the yen and the dollar.
Japan PM Kishida urges companies to raise wages by 3% or more
Japanese Prime Minister Fumio Kishida on Friday urged companies whose earnings have recovered to pre-pandemic levels to raise wages by 3% or more at their labour talks next spring, aiming to achieve a virtuous cycle of growth and wealth distribution.
Analysis: United States, China tussle over Honduras as it weighs Taiwan ties
A pledge by a leading Honduran presidential candidate to embrace China and de-emphasize Taiwan ties if she wins Sunday’s election has prompted diplomatic jostling between Beijing and Washington as each seeks to exert influence on the Central American nation.
Locked in hotels: Hong Kong’s COVID-19 rules take mental toll on Cathay pilots
One of Asia’s largest airlines, Cathay Pacific, is facing a revolt from pilots who say Hong Kong’s tough quarantine rules under its zero-COVID policies are endangering their mental health, leading to rising stress and resignations.
Apple files lawsuit against NSO Group, saying U.S. citizens were targets
Deutsche Boerse’s (DB1Gn.DE) power and gas exchange EEX plans to launch an index to price hydrogen next year to aid trading of the commodity that is expected to play a big role in the shift to a green economy, one of the bourse’s board members said.
The US is set to launch 50 million barrels
US President Joe Biden has authorized the release of 50 million barrels of oil from strategic reserves to help reduce global energy costs, a move that may irritate OPEC. According to a White House statement, the movement is being coordinated with several major energy-consuming nations, including China, India, Japan, the Republic of Korea, and the […]
