Month: December 2021

Reuters reveals Russian central bank to seek ban on investment in cryptocurrencies; market reacts

Reuters exclusively reported that the Russia’s central bank would like to ban investments in cryptocurrencies in Russia because it sees risks to financial stability in the rising number of crypto transactions. Leading cryptocurrency bitcoin fell after the Reuters report. Commenting on the Reuters report, Elvira Nabiullina, governor of the central bank, said the regulator could […]
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Reuters exclusively reports U.S. lawmakers call for sanctions against Israel’s NSO, other spyware firms

Reuters reported exclusively that a group of U.S. lawmakers is asking the Treasury Department and State Department to sanction Israeli spyware firm NSO Group and three other foreign surveillance companies they say helped authoritarian governments commit human rights abuses. Their letter, seen by Reuters, also called for sanctions on top executives at NSO, the United Arab […]
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Global tech crackdown

Big Tech has enjoyed years of unfettered growth, but now the U.S., EU, China and India have launched unprecedented crackdowns on some of the biggest names in the business. Lawmakers and regulators are going after anti-competitive practices and looking at privacy and security at companies such as Facebook and Apple, Google and Amazon. Reuters is keeping […]
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Reuters exclusively reports Lithuania braces for China-led corporate boycott

Reuters exclusively reported that China has told multinationals to sever ties with Lithuania or face being shut out of the Chinese market, dragging companies into a dispute between the Baltic state and Beijing. China downgraded its diplomatic ties with Lithuania last month, after the opening of a representative office by Taiwan in Vilnius. Lithuania’s ruling coalition had […]
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Reuters first to report Amazon says India revoking Future deal would boost Reliance, hurt competition

Reuters was first to report that Amazon has warned India’s antitrust body that revoking its 2019 deal with Future Group would send a negative signal to foreign investors and allow local retail behemoth Reliance to “further restrict competition.” The Competition Commission of India is reviewing its prior approval of the $200 million investment the U.S. […]
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