U.S. Federal Reserve Governor Lael Brainard launched a broadside against Facebook's Libra digital currency project on Wednesday, saying it faces a "core set of legal and regulatory challenges" including clarity about how it would be tied to some basket of underlying assets.
REUTERS: McDonald's has shut all its restaurants in Peru for two days of mourning after two of its employees died, the burger chain said on Twitter. The two teenaged employees were electrocuted while cleaning the kitchen of a McDonalds in Pueblo Libre, a district in the capital Lima, Peruvian...
Nvidia Corp on Wednesday said it has won a series of deals in which some of China's biggest technology companies are using its chips to make product recommendations and to develop self-driving vehicles.
SINGAPORE: An importer who failed to make an accurate declaration of a Ritter Sport chocolate bar that was recalled has been fined S$800, said the Singapore Food Agency (SFA) on Wednesday (Dec 18). The affected product, Ritter Sport - KAFFEESPLITTER, was recalled by SFA in September for ...
Liu Yantao and six co-workers start toiling on a frozen river in northeast China before dawn, using hand tools and machines to carve large ice blocks for an annual winter sculpture festival.
Japan's Isuzu Motors will buy Volvo AB's UD Trucks business, which has an enterprise value of US$2.3 billion, and tie up with the Swedish firm to cut costs and develop electric and self-driving technologies.
Airbus will end the year with all major civil aircraft programs showing a book-to-bill ratio above 1, sales chief Christian Scherer said on Wednesday.
TAIPEI: Taiwan is ramping up efforts ahead of a Jan. 11 election to combat fake news and disinformation that the government says China is bombarding the island with to undermine its democracy. But Taiwan's main opposition party, the Kuomintang, which favours close ties with China, is crying foul ......
JAKARTA: The Indonesian government has delayed the handover of a sweeping tax bill to parliament until January, a month behind its earlier target, an official said on Wednesday (Dec 18). The tax bill is one of two omnibus laws that President Joko Widodo is launching in a bid to revise...
China's quick-growing solar equipment makers, forecast to meet half of global demand by the mid 2020s, are ramping up overseas sales to stave off closure after the elimination of government subsidies pushed domestic installations to a five-year low.
