A second U.S. judge late on Monday granted a preliminary injunction blocking the U.S. Commerce Department from imposing restrictions on Chinese-owned short video sharing app TikTok that would have effectively barred its use in the United States.
Australia locked in plans on Tuesday to make Facebook Inc and Google pay its media outlets for news content, a world-first move aimed at protecting independent journalism that has drawn strong opposition from the internet giants.
Rio Tinto may face calls to pay compensation or a fine when an Australian parliamentary inquiry releases an interim report on Wednesday into how the firm legally destroyed ancient sacred rock shelters for an iron ore mine, industry sources said.
Hyundai Motor Co is planning to recall a total of 50,864 Kona electric cars and Nexo fuel cell vehicles in South Korea due to faulty electronic braking systems, the transport ministry said.
Australia's competition regulator on Tuesday said Citigroup Inc, Australia and New Zealand Banking Group, Deutsche Bank AG and senior executives have been committed to Australian Federal Court for trial on criminal cartel charges, in the country's biggest white collar criminal case.
JD Health International Inc shares rose as much as 46.5per cent above the issue price in their Hong Kong trading debut on Tuesday, following an initial public offering (IPO) that was the city's largest of 2020.
Chinese Foreign Minister Wang Yi assured U.S. executives during a videoconference on Sunday that Beijing remained committed to the Phase 1 trade deal with the United States, the head of the US-China Business Council said.
SAN RAMON: Uber is selling off its autonomous vehicles development arm as the ride-hailing company slims down after its revenues were pummeled by the COVID-19 pandemic. Self-driving vehicle technology company Aurora will acquire the employees and technology behind Uber's Advanced Technologies ...
TOKYO: Japan will compile a fresh economic stimulus package worth 73.6 trillion yen (US$708 billion), Prime Minister Yoshihide Suga said on Tuesday, signalling his resolve to pull the country out of its coronavirus crisis-induced slump. The new stimulus package will include fiscal spending worth ...
Chinese Huawei executive Meng Wanzhou offered no comment Monday on reported plea negotiations in her Canadian court battle against extradition to the United States.
