Month: October 2022

Reuters exclusively reported German software group SAP will delay its exit from Russia months after it declared the company would do so. The Reuters report examined the intricacies global companies like SAP faced trying to extricate from the controversial market. These problems include grappling with existing contractual obligations and facing pressure from the government over […]

Reuters exclusively reported the deterioration of Twitter’s service, days ahead of Elon Musk’s $44 billion deal to buy the social media platform. Based on internal documents, reviewed by Reuters, the report examined how Twitter has struggled to keep its most active users — and biggest driver of revenue —engaged. These users, who account for the vast majority of […]

Reuters exclusively revealed Seagate Technology Holdings said in a filing that the U.S. government has warned the company that it may have violated export control laws by providing hard disk drives to a customer that a source familiar with the situation identified as Huawei Technologies. Huawei is on the U.S. Commerce Department’s entity list and […]

Reuters was first to report Microsoft Corp is stocking up on Chinese video game content to emulate Sony Group Corp’s success with “Genshin Impact”, solidifying China’s transition from a land only of players to a hub of blockbuster developers. The post Reuters reveals Microsoft powers up search for Chinese gaming hits in race against Sony […]

Reuters exclusively reported that Venezuelan politicians are discussing proposals for a fund that could release over $3 billion to provide humanitarian aid to Venezuela through the United Nations, in a process that also involves officials from the U.S. State and Treasury Departments. The post Reuters reveals U.N. could administer over $3 bln in funds to […]

Reuters took readers on a deep dive into how Japanese authorities are relying heavily on psychological tactics to fight yen bears, which means keeping markets guessing about their foreign exchange intervention rather than overt attempts to arrest the currency’s decline to multi-decade lows. The post Will they or won’t they? Japan uses guessing game to […]

Reuters was first to report Toyota is considering a reboot of its electric-car strategy to better compete in a booming market, and has halted some work on existing electric vehicle (EV) projects. The proposals under review, if adopted, would amount to a dramatic shift for Toyota and rewrite the $38-billion EV rollout plan the Japanese […]

Reuters shed light on how India’s recent curbs on rice exports could trigger a rally in global prices after more than a decade of stability, as New Delhi’s protectionist move coincides with falling output in other major producers and rising global demand. The post Reuters reveals India rice export curbs to end a decade of […]

Reuters exclusively revealed Sweden has taken “concrete action” to address Turkey’s concerns over its NATO membership bid, including stepping up counter-terrorism efforts against Kurdish milita The post Reuters reveals in letter, Sweden lists ‘concrete actions’ on Turkey’s concerns over NATO bid appeared first on Reuters News Agency.

Reuters exclusively revealed that Hyundai Motor Co, Korea’s top automaker, is investigating child labor violations in its U.S. supply chain and plans to sever ties with Hyundai suppliers in Alabama found to have relied on underage workers. A Reuters investigative report in July documented children, including a 12-year-old, working at a Hyundai-controlled metal stamping plant […]