World
Apple’s about to announce new iPhone, iPad software: Follow along for live updates
Here’s what you can expect Apple website displayed on a laptop screen and Apple logo displayed on a phone in this illustration photo. Jakub Porzycki | Nurphoto | Getty Images Apple’s annual developer conference, WWDC, is all about catering to software developers. They’re the folks who build apps for the Mac, iPhone, iPad, Watch and […]
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European markets close higher as mining stocks lead gains; Just Eat Takeaway shares up 12%
LONDON — European stocks advanced on Monday as international markets gear up for key U.S. data releases, including the latest inflation reading. The pan-European Stoxx 600 provisionally ended up 1%, with mining stocks climbing 2.7% to lead gains as most sectors and major bourses closed in positive territory. Just Eat Takeaway shares jumped around 12% […]
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Musk accuses Twitter of ‘resisting and thwarting’ his right to information on fake accounts
Musk’s plan to buy Twitter has worried policymakers around the world. Joe Skipper | Reuters Elon Musk accused Twitter of “resisting and thwarting” his right to information about fake accounts on the platform, calling it a “clear material breach” of the terms of their merger agreement in a letter to the company on Monday. “Mr. Musk […]
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Russia thinks it has found a way around Washington’s dollar bond payment blockade
Russian Finance Minister Anton Siluanov (seen here with Russian President Vladimir Putin in 2019) reportedly told Russian newspaper Vedomosti that Moscow will continue to service external debts in rubles, but foreign Eurobond holders will need to open ruble and hard currency accounts with Russian banks in order to receive payments. Mikhail Svetlov | Getty Images […]
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Chinese ride-hailing giant Didi surges 50% after report that regulators are ending probes
Budrul Chukrut | LightRocket | Getty Images Shares of Chinese ride-hailing giant Didi surged more than 50% in pre-market trade in the U.S. on Monday after the Wall Street Journal reported that regulators are concluding investigations into the company. The WSJ report said authorities would lift a ban on Didi adding new users as early […]
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Google ordered to pay Australian politician over defamatory YouTube videos
The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. Charles Platiau | Reuters An Australian court on Monday ordered Google to pay a former lawmaker A$715,000 ($515,000), saying its refusal to remove a YouTuber’s “relentless, racist, vilificatory, abusive and defamatory” […]
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Singapore names new deputy prime minister in cabinet reshuffle
Singapore’s Finance Minister Lawrence Wong will be promoted to deputy prime minister, in a cabinet reshuffle announced on June 6. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s Prime Minister Lee Hsien Loong has named Finance Minister Lawrence Wong as deputy prime minister in a cabinet reshuffle that will take effect next Monday. […]
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Hong Kong’s Hang Seng index surges nearly 3% in mixed Asia-Pacific trading
SINGAPORE — Shares in Asia-Pacific were mixed on Monday, with Chinese stocks leading gains regionally as tech stocks in Hong Kong surged. Hong Kong’s broader Hang Seng index closed 2.71% higher at 21,653.90. Shares of Chinese tech firms in Hong Kong soared following a Wall Street Journal report that regulators in China are concluding probes […]
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UK Prime Minister Boris Johnson to face vote of confidence on Monday
Johnson is set to be fined by police for breaching Covid-19 lockdown regulations. Wpa Pool | Getty Images News | Getty Images The U.K.’s Prime Minister Boris Johnson will face a vote of confidence later on Monday amid increasing dissatisfaction in his leadership. To trigger a vote of confidence, 15% of Conservative lawmakers (or 54 […]
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Elliott Associates sues LME for $456 mln over nickel trading halt: HKEX
LEON NEAL | AFP | Getty Images Fund manager Elliott Associates has sued London Metal Exchange (LME) for $456 million following the suspension and cancellation of nickel trades on the platform owned by Hong Kong Exchanges and Clearing Ltd, the Hong Kong bourse said on Monday. LME and LME Clear Limited have been named as […]
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