EU executive arm bars employees from using TikTok, citing security risks
The commission said staff would no longer be able to have the Chinese-owned app installed on corporate and personal devices.
Singapore ride-hailing firm Grab beats on revenue, pulls forward profitability timeline
Grab posted strong revenue growth and narrowed losses in its latest earnings report.
Samsung targets satellite-enabled smartphone chips after surprise iPhone 14 feature
The move from Samsung has intensified the race among tech companies to connect phones to non-terrestrial networks.
U.S. will resume economic talks with China ‘at an appropriate time,’ Yellen says
U.S. Treasury Secretary Janet Yellen said the United States would resume economic talks with China “at an appropriate time.”
England’s prized soccer league to face regulation and tough new ownership rules
Controversial acquisitions, new tournament plans and allegations of financial rule-breaking have thrown soccer finances into the spotlight.
Rolls-Royce shares soar by 23% after annual results crush expectations
Shares of aviation manufacturer Rolls-Royce soared, after the company’s annual results sharply beat expectations.
Alibaba shares rally 6% after massive earnings beat
Alibaba reported earnings for its fiscal third quarter that smashed expectations, sending shares soaring 6% higher.
Turkey slashes policy rate by 50 basis points as country continues to reel from earthquake
Turkey’s central bank slashed its policy rate by 50 basis points from 9% to 8.5% as the country continues to reel from the aftermath of a devastating quake which affected millions of lives.
China’s $2.5 trillion savings could bring ‘opportunities for growth,’ HKEX CEO says
Hong Kong Exchange and Clearing’s CEO Nicholas Aguzin said excess savings from Chinese households will bring “active” economic performance from China.
Qantas is confident it will return to 100% of its pre-Covid capacity in 2024
Qantas is confident that it will see a full return to pre-Covid capacity in 2024, CEO Alan Joyce told CNBC.
