SYDNEY (Reuters) – Instagram and Facebook-owner Meta Platforms said on Monday it had introduced stricter rules for advertisers of financial products and services targeting Australians, in a bid to crack down on scams on the social media platforms. The move comes after Meta in October said it took down 8,000 so-called “celeb bait” ads, as…
(Reuters) – European and American carmakers are set to lose up to 17% of their combined annual core profits if the U.S. imposes import tariffs on Europe, Mexico and Canada, S&P Global said in a report on Friday, warning of potential credit downgrades. Premium automakers Volvo and Jaguar Land Rover, who mostly produce in Europe,…
(Reuters) -U.S. lender JPMorgan Chase agreed on Friday to drop its lawsuit against Tesla that accused the electric vehicle maker of “flagrantly” breaching a contract between the two companies in 2014 relating to warrants Tesla sold to the bank. The move to drop the lawsuit was announced in a one-page court filing by both companies…
By David Brunnstrom (Reuters) – Russia’s deputy U.N. ambassador said on Wednesday any decision by President-elect Donald Trump’s incoming administration to cut support for Ukraine would be a “death sentence” for the Ukrainian army, while accusing Kyiv of trying to drag NATO countries into direct conflict with Russia in the meantime. Speaking to the U.N….
By Sarah Morland, Raul Cortes and Brendan O’Boyle MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum said on Wednesday Mexico would retaliate if U.S. President-elect Donald Trump followed through with his proposed 25% across-the-board tariff, a move her government warned could kill 400,000 U.S. jobs. “If there are U.S. tariffs, Mexico would also raise tariffs,” Sheinbaum…
By Luc Cohen NEW YORK (Reuters) – Rudy Giuliani was rebuked by a federal judge on Tuesday after the former New York City mayor interrupted a court hearing, pleading he could not pay his bills because two Georgia election workers to whom he owes $148 million have tied up his assets. Giuliani, once a personal…
PITTSBURGH (Reuters) – U.S. oil and gas lobbying groups said on Tuesday they were wary of President-elect Donald Trump’s threat of tariffs on Canada and Mexico, saying such policies could affect consumers, industry and security. Trump, who takes office on Jan. 20, vowed to impose a 25% tariff on imports from Canada and Mexico, two…
By Jody Godoy NEW YORK (Reuters) – Facebook owner Meta Platforms will face trial in April over the U.S. Federal Trade Commission’s allegations that the social media platform bought Instagram and WhatsApp to crush emerging competition, a judge in Washington said on Monday. The FTC sued in 2020, during the Trump administration, alleging the company…
(Reuters) -Elon Musk’s brain technology startup Neuralink said on Monday it has received approval to launch a new feasibility study using its brain implant and an experimental robotic arm. Neuralink is conducting its PRIME study, aimed at evaluating the safety of its wireless brain-computer interface and surgical robot. It is assessing the initial effect of…
By David Morgan WASHINGTON (Reuters) – Top national security advisers to President-elect Donald Trump and outgoing President Joe Biden are working “hand in glove” to pose a united front against U.S. adversaries during the presidential transition, Trump adviser Mike Waltz said on Sunday. Waltz, a Republican congressman tapped by Trump to serve as his national…
