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You are here: Home / Archives for US Top News and Analysis

Microsoft to unbundle Teams software in Europe in bid to abate EU antitrust concerns

August 31, 2023 by US Top News and Analysis

European Union regulators had in July opened an antitrust investigation into Microsoft’s bundling of Teams with other Office products, citing anti-competitive concerns.

Filed Under: Uncategorized

China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’

August 31, 2023 by US Top News and Analysis

China’s ambassador to the U.S., Xie Feng, has blamed U.S. tariffs and export controls for a drop in trade between the two countries.

Filed Under: Uncategorized

Buy now, pay later firm Klarna cuts losses in first half but fails to post profit

August 31, 2023 by US Top News and Analysis

Swedish buy now, pay later firm Klarna reduced losses by roughly 67% in the first half of 2023, as it cut costs dramatically in a bid for profitability.

Filed Under: Uncategorized

Ukraine tells critics of counter-offensive to ‘shut up’; Moscow talks focus on reviving grain deal

August 31, 2023 by US Top News and Analysis

Russian officials have reported more drone attacks overnight, a day after at least six Russian regions were targeted in similar incidents.

Filed Under: Uncategorized

More than 60 dead as fire engulfs building in South Africa’s Johannesburg

August 31, 2023 by US Top News and Analysis

At least 63 people were killed and 43 injured on Thursday in a fire in the central business district of South Africa’s biggest city of Johannesburg, the municipal government said.

Filed Under: Uncategorized

UBS shares jump to 2008 highs after profit beat, job cuts announcement

August 31, 2023 by US Top News and Analysis

UBS on Thursday posted a second-quarter profit of $28.9 billion in its first quarterly earnings since Switzerland’s largest bank completed its takeover of stricken rival Credit Suisse.

Filed Under: Uncategorized

China’s factory activity shrinks for a fifth straight month in August

August 31, 2023 by US Top News and Analysis

China’s factory activity in August shrank for a fifth straight month, while non-manufacturing activity hit another low for the year.

Filed Under: Uncategorized

Baidu’s Ernie bot jumps to the top of Apple’s app store in China

August 31, 2023 by US Top News and Analysis

Chinese tech giant Baidu announced Thursday its ChatGPT-like Ernie bot was now immediately accessible to the public.

Filed Under: Uncategorized

Southeast Asia’s first high-speed train – a boon or bust for Indonesia’s economy?

August 31, 2023 by US Top News and Analysis

The project is funded by PT KCIC and was expected to be completed by 2019 but has since been held back by operational delays and a $1.2 billion budget overrun. 

Filed Under: Uncategorized

Investors are getting bearish on China — but see other upside opportunities in Asia

August 31, 2023 by US Top News and Analysis

Although China’s slowing economy is reducing confidence in global growth, some investors see other promising investment opportunities elsewhere in Asia.

Filed Under: Uncategorized

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