Tag Archives: technology
FTX wins full approval to operate crypto exchange in Dubai
(Reuters) - Cryptocurrency exchange FTX said on Friday it was fully approved to operate its exchange and clearing house in Dubai, as the Gulf emirate pushes forward with plans to develop its digital a...
Jul 29, 2022
China says U.S. chip act will distort global semiconductor supply chain
HONG KONG (Reuters) - China's commerce ministry said on Friday that a major new chips act passed by the U.S. Congress will distort the global semiconductor supply chain and disrupt international trade...
Jul 29, 2022
Taiwan says ‘key position’ in semiconductors won’t be shaken as US passes chip act
TAIPEI (Reuters) - Taiwan's "key position" in making semiconductors will not be shaken and production on the island is the most efficient way of doing things, the Economy Ministry said on Friday in re...
Jul 29, 2022
China extends tax exemption for electric cars, state media says
BEIJING (Reuters) - China will extend an exemption of purchase taxes on "new energy" vehicles as part of the measures to boost domestic consumption, state media said on Friday, following a cabinet mee...
Jul 29, 2022
Virgin Media O2 owners to build wholesale UK fibre network
LONDON (Reuters) - The owners of Britain's Virgin Media O2 have joined forces with French investment firm InfraVia Capital Partners to plough around 4.5 billion pounds ($5.5 billion) into a new fibre ...
Jul 29, 2022
Kenya’s cohesion watchdog gives Meta 7 days to comply with regulations
NAIROBI (Reuters) - Kenya's ethnic cohesion watchdog has given Meta's Facebook seven days to comply with regulations after a report of violations on the social media platform in relation to next month...
Jul 29, 2022
BYD to recall more Tang DM hybrids in China over battery pack tray – regulator
SHANGHAI (Reuters) - China's BYD Co Ltd is recalling more Tang DM vehicles due to faults with the battery pack trays which pose water inflow risks, the country's market regulator said. The world's big...
Jul 29, 2022
India’s 5G spectrum auction draws bids of $19 billion entering 4th day
NEW DELHI (Reuters) - India had drawn bids totaling at least $19 billion entering the fourth day of an auction for 5G spectrum on Friday, as telecom giants clamoured for airwave rights needed for next...
Jul 29, 2022
Spain’s Amadeus Q2 net profit soars as tourism recovery accelerates
MADRID (Reuters) - Spanish travel booking group Amadeus on Friday reported a second-quarter net profit of 237 million euros, compared with a net loss in the same period last year, as the travel indust...
Jul 29, 2022
Apple faces lukewarm demand in China after quarterly revenue drop -analysts
By Josh Horwitz SHANGHAI (Reuters) - Apple should brace for a weakening of demand in China as shoppers curb spending in an anemic economy, some analysts warned on Friday, after the iPhone maker said d...
Jul 29, 2022
