Posts with tag: technology
President Trump says he would support a deal for TikTok if it gave the US half ownership, with Elon Musk or Larry Ellison as a potential buyer. Legal experts question if such a deal would satisfy the law's requirements for divestiture and prevent a ban.
Published on: January 22, 2025, 10:01 AM UTC
China rolls out measures to stabilize its stock markets, including plans to boost pension investment, amid uncertainty in a second Donald Trump presidency.
Published on: January 22, 2025, 10:01 AM UTC
Volkswagen's cost-cutting deal, relying on cooperation between managers and workers, faces questions about its ability to deliver promised capacity and job cuts. Despite concerns from investors, Volkswagen remains committed to finding alternative uses for impacted facilities and reducing fixed costs through measures like cutting production lines.
Published on: January 22, 2025, 10:00 AM UTC
China introduces strict salary caps of 1 million yuan for executives in state-owned financial institutions, aiming to reduce income inequality amidst economic slowdown.
Published on: January 22, 2025, 09:00 AM UTC
ECB Governing Council member Knot expects interest rate cuts in January and March, but future moves depend on global uncertainty and data.
Published on: January 22, 2025, 08:00 AM UTC
Bank of Japan Governor Kazuo Ueda is likely to raise interest rates on Friday, marking the highest level since 2008. Despite global financial market fluctuations due to US President Donald Trump's return to office, the BOJ's decision is widely anticipated.
Published on: January 22, 2025, 07:01 AM UTC
Indonesia tightens rules on commodity exports to support foreign-exchange reserves and rupiah, requiring firms to keep earnings onshore for at least a year. The move faces industry concerns about cash flow impact and potential layoffs in mining and plantation sectors.
Published on: January 22, 2025, 06:00 AM UTC
A historic winter storm threatens natural gas shipments from one of the biggest US export plants, while heavy snow shuts down schools, airports, and highways in the South, disrupting transportation and causing widespread power outages.
Published on: January 22, 2025, 05:00 AM UTC
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Published on: January 22, 2025, 02:01 AM UTC
President Trump supports potential TikTok purchases by Elon Musk or Larry Ellison, suggesting a deal that would grant the US half-ownership in exchange for a permit to operate. However, legal experts question whether a 50-50 joint venture would meet legal requirements for divestment and avoid a ban.
Published on: January 22, 2025, 02:01 AM UTC