SAN FRANCISCO Apple Inc and Intel Corp on Wednesday filed an antitrust lawsuit against Fortress Investment Group, alleging the SoftBank Group Corp unit stockpiled patents to hold up tech firms with lawsuits demanding as much as $5.1 billion. The suit follows an earlier case that Intel filed against Fortress in October....
By Brenna Hughes Neghaiwi and Simon Jessop ZURICH/LONDON (Reuters) - As stock markets roar back from the coronavirus-led rout, advisers to the world's wealthy are urging them to hold more gold, questioning the strength of the rally and the long-term impact of global central banks' cash splurge. Before the COVID-19 pandemic,...
By James Davey LONDON, May 9 (Reuters) - The British government has told airlines it will introduce a 14-day quarantine period for most people arriving from abroad to try to avoid a second peak of the coronavirus pandemic, an association representing the airlines said on Saturday. Airlines UK, which represents British...
By Asha Sistla March 31 (Reuters) - Gold prices fell on Tuesday as the dollar firmed and as shares rose on hopes of a rebound in China economic activity, while safe-haven demand amid concerns over the coronavirus outbreak kept the metal on track for its sixth straight quarterly gain. Spot...
Doreen Carvajal (The New York Times) MADRID – Manolo Osuna lacks a formal art education, but he has spent years roaming the galleries of the Prado Museum as a guard and leader of a seven-person moving brigade that hefts national treasures by Spanish masters like Velázquez and Goya around the...
New York Times WASHINGTON A growing movement by foreign governments to tax American tech giants that supply internet search, online shopping and social media to their citizens has quickly emerged as the largest global economic battle of 2020. The fight pits traditional allies against each other, with European countries like France, Italy...
BEIJING, April 21 (Reuters) - The World Health Organization warned on Tuesday that any lifting of lockdowns to contain the spread of the novel coronavirus must be gradual, and if restrictions were to be relaxed too soon, there would be a resurgence of infections. Lockdown measures have proved effective, and...
WASHINGTON Trump administration officials predicted big gains for the economy from a newly announced trade deal with China, but the economic losses sustained during a bruising 19-month trade war will not be easy to make up. In a televised interview December 15, President Donald Trump’s top trade negotiator praised the progress...
By Rania El Gamal and Vladimir Soldatkin DUBAI/MOSCOW, April 10 (Reuters) - Saudi Arabia, Russia and their allies will press Mexico on Friday to join an accord for collective oil production cuts equivalent to 10% of global supplies and will push the United States and other producers to remove a...
Niraj Chokshi(The New York Times) Tesla said January 3 that it had produced over 100,000 vehicles and delivered even more in the fourth quarter of 2019, meeting a goal it had laid out to investors and ending the year on stronger footing than at the start. In a statement, the electric-vehicle...