LONDON (Reuters) -Google on Wednesday won an injunction from London’s High Court to prevent the enforcement of Russian judgments against the U.S. tech giant over the closure of various Google and YouTube accounts. Judge Andrew Henshaw granted Google a permanent anti-enforcement injunction, on the grounds that Google and YouTube’s terms and conditions required disputes to…
By Echo Wang, Curtis Williams and David French (Reuters) – Venture Global LNG was forced to nearly halve the valuation it is seeking in its U.S. initial public offering (IPO) after investors balked at the company’s estimated long-term profit for liquefying gas for export, investors told Reuters. The company is the second-largest exporter of liquefied…
By Hyunjoo Jin and Stephen Nellis SEOUL/SAN FRANCISCO (Reuters) – Samsung Electronics on Wednesday unveiled its newest flagship smartphone, powered by Qualcomm’s chips and Google’s artificial-intelligence model, hoping its upgraded AI features can reinvigorate sales and fend off Apple and Chinese rivals. Samsung was faster than Apple in launching an AI-powered smartphone but failed to…
By Jarrett Renshaw, David Morgan and David Lawder WASHINGTON (Reuters) – U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of dollars in tax cuts, an unprecedented shift likely to face opposition from many of his fellow Republicans in Congress….
(Reuters) – E-commerce giant Amazon.com is exiting its operations in Quebec, leading to the loss of about 1,700 full-time jobs, a company spokesperson said on Wednesday. The online retailer will phase out operations across seven sites in the province — the only location in Canada with unionized Amazon employees — over the next two months….
By Andy Home LONDON (Reuters) – Nickel ended 2024 trading at four-year lows, a spectacular reversal of fortune for a metal that soared so high in 2022 it almost broke the London Metal Exchange (LME). There is no mystery to this dramatic tale of boom and bust. Indonesia has flooded the world with more metal…
By Rich McKay and Georgina McCartney ATLANTA (Reuters) – An historic January storm dumped more deep snow along the U.S. Gulf Coast on Wednesday after bringing Houston and New Orleans to a near standstill over the past two days and burying parts of Florida’s Panhandle with accumulations more typical of Chicago. Another 4 inches (10…
DAVOS, Switzerland (Reuters) – South Africa’s President Cyril Ramaphosa said on Wednesday that he was not worried about the country’s relationship with the U.S. under President Donald Trump. Ramaphosa said he spoke to Trump after his U.S. election victory and looked forward to working with his administration. “I’m not worried about our relations. I spoke…
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday threatened Russia “and other participating countries” with taxes, tariffs and sanctions if a deal to end the war in Ukraine is not struck soon. Without a deal, Trump said in a post on Truth Social, “I have no other choice but to put high levels of…
(Reuters) – Toronto-Dominion Bank is aiming to sell about $9 billion of residential mortgage loans in order to modify its balance sheet to comply with a new cap imposed by the U.S. regulators, Bloomberg News reported on Tuesday. This is a part of the plea agreement the Canadian lender reached last year with the government…
