US Supreme Court debates web designer’s position against same-sex marriage

WASHINGTON, Dec. 5 (Reuters) – The US Supreme Court on Monday delivered spirited arguments in a landmark case pitting LGBT rights against a claim that the constitutional right to free speech exempts artists from anti-discrimination laws – a dispute involving an evangelical Christian web is a designer who refuses to provide her services for same-sex … Read more

Chinese services activity shrinks to 6-month low – Caixin PMI

BEIJING, Dec. 5 (Reuters) – China’s services activity contracted to a six-month low in November as mounting COVID containment measures weighed on demand and activity, a private sector business survey found on Monday, pointing to a further blow to economic growth. The purchasing managers’ index (PMI) of Caixin/S&P Global services fell from 48.4 to 46.7, … Read more

Big Tech layoffs are dystopian fiction in the job market

NEW YORK, Nov 18 (Reuters Breakingviews) – Layoffs at tech giants including Twitter, (AMZN.O) and Meta Platforms (META.O) mark the first large-scale job loss since the start of 2020. After years of falling US unemployment, it may seem as if Silicon Valley is the beginning of a dystopian future for workers. Still, chances are … Read more

France, Germany, Spain agree to continue development of FCAS combat aircraft – Berlin

BERLIN/PARIS, Nov 18 (Reuters) – France, Germany and Spain have agreed to start the next phase of development of a new fighter jet called FCAS, Europe’s largest defense project with an estimated cost of more than 100 billion euros ($103.4 billion). ), the German government said on Friday. The defense ministry said in a statement … Read more

Amazon plans to lay off 10,000 employees starting this week – NYT

Nov 14 (Reuters) – Inc (AMZN.O) plans to lay off about 10,000 workers in business and technology jobs as early as this week, the New York Times reported Monday, citing people with the know-how. The job cuts will focus on the e-commerce giant’s devices unit, which houses voice assistant Alexa, as well as its … Read more

Biden, Xi prepare for a meeting ahead of the G20 summit overshadowed by Ukraine

NUSA DUA, Indonesia, Nov 14 (Reuters) – Chinese leader Xi Jinping arrived on the Indonesian island of Bali on Monday for a much-anticipated meeting with US President Joe Biden ahead of a Group of 20 (G20) summit on the verge of is about to become fraught with tension over the Russian invasion of Ukraine. The … Read more

Nasdaq, S&P 500 end sharply higher, fueled by inflation optimism

Growth stocks lead value, Nasdaq rises Nasdaq and S&P 500 rise for second day Indexes End: S&P 500 +0.93%, Nasdaq +1.88%, Dow +0.10% Nov 11 (Reuters) – The S&P 500 and Nasdaq finished sharply higher on Friday, continuing a rally that had started the day before after soft inflation raised hopes that the Federal Reserve … Read more

Morning bid: CPI catches the eye, crypto crumbles

Nov. 10 (Reuters) – A look at Jamie McGeever’s Asian markets ahead of the day. All eyes are on the latest US inflation figures, but all tongues are wagging about the crypto crash. The October consumer price snapshot comes at a slightly more nervous time for markets than even a few days ago. Not only … Read more

CEO of China’s Bilibili to manage gaming unit to increase sales

HONG KONG, Nov. 7 (Reuters) – The chief executive of China’s Bilibili Inc (9626.HK) has taken over direct oversight of the company’s gaming division, according to an internal email seen by Reuters, as it is Alibaba-backed company appears to be driving revenue growth. Bilibili’s human resources department, best known for its YouTube-like video-sharing platform, sent … Read more

Gaming Google: Oil companies use search ads to greenwash, research says

Oil giants spent $24 million on Google search ads in two years Google promised not to monetize climate disinformation Research says many ads on Google are distorting facts about climate change LOS ANGELES, Nov. 3 (Thomson Reuters Foundation) — Google is selling valuable digital real estate to oil companies that they use to downplay their … Read more