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US debt limit default could hit in early June to early August -think tank
US debt limit default could hit in early June to early August -think tank
By David Lawder WASHINGTON The U.S. government will begin defaulting on its payment obligations between early June and
2023-05-09 17:27
Vietnam to demand social media users verify identities
Vietnam to demand social media users verify identities
Vietnam plans to ask all social media users on platforms such as Facebook, YouTube and TikTok to verify their identities, citing the...
2023-05-09 16:17
Nintendo annual net profit beats forecast on strong game sales
Nintendo annual net profit beats forecast on strong game sales
Hit games Splatoon 3 and the new Pokemon titles helped Nintendo beat its annual net profit forecast on Tuesday, but the company predicted tougher times...
2023-05-09 15:57
iPhone maker Foxconn buys huge site in India tech hub
iPhone maker Foxconn buys huge site in India tech hub
Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it...
2023-05-09 15:55
Nintendo sees Switch sales sliding; hails 'Super Mario' movie success
Nintendo sees Switch sales sliding; hails 'Super Mario' movie success
By Sam Nussey and Kiyoshi Takenaka TOKYO (Reuters) -Japan's Nintendo Co Ltd on Tuesday said it sees a further slide
2023-05-09 15:50
UBS says Credit Suisse CEO to join board in mega merger
UBS says Credit Suisse CEO to join board in mega merger
Swiss banking giant UBS announced on Tuesday that Credit Suisse chief executive Ulrich Koerner will join its executive board following the takeover...
2023-05-09 15:46
Saudi Aramco banks $31.9bn in first quarter, down 19%
Saudi Aramco banks $31.9bn in first quarter, down 19%
Oil giant Saudi Aramco announced first-quarter net profit of $31.9 billion on Tuesday, down 19.25 percent from a year earlier after...
2023-05-09 14:49
Illegal mining booms in Brazilian Amazon 'promised land'
Illegal mining booms in Brazilian Amazon 'promised land'
Working under an improvised shed hidden in the rainforest, Webson Nunes hears a shout and flips on his winch, hauling a colleague up from deep inside a giant hole...
2023-05-09 14:28
EU lawmakers eye ambitious AI regulation
EU lawmakers eye ambitious AI regulation
The sudden popularity of ChatGPT and other AI tools is injecting urgency into Europe's drive to regulate the sector, which this week gets rolling seriously with an ambitious text to...
2023-05-09 14:19
Drought spells 'catastrophe' for Spain's olive harvest
Drought spells 'catastrophe' for Spain's olive harvest
An ongoing drought and soaring temperatures have unleashed fears of an olive "catastrophe" in Spain, the world's largest producer of olive oil, which suffered a...
2023-05-09 14:15
McCarthy-Biden showdown is about much more than the US national debt
McCarthy-Biden showdown is about much more than the US national debt
The clash between President Joe Biden and House Majority Leader Kevin McCarthy over the US debt will decide who is the most dominant figure in Washington for most of the next two years. And a failure by the two men to come to terms by this time next month would result in a national default that could have a profound impact on the economy and the 2024 election.
2023-05-09 12:20
Sam Bankman-Fried wants his case thrown out of court
Sam Bankman-Fried wants his case thrown out of court
Lawyers for FTX founder Sam Bankman-Fried on Monday filed motions to dismiss the US government's fraud charges against him.
2023-05-09 11:48
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