BACT

Business

StaffDecember 14, 2022

Exclusive: China readying $143 billion package for its chip firms in face of U.S. curbs

HONG KONG, Dec 13 (Reuters) – China is working on a more than 1 trillion yuan ($143 billion) support package…
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Business

StaffDecember 13, 2022

FTX founder Sam Bankman-Fried charged with fraud, denied bail

NASSAU, Bahamas/NEW YORK, Dec 13 (Reuters) – U.S. prosecutors on Tuesday accused Sam Bankman-Fried, the founder of crypto currency exchange…
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Business

StaffDecember 13, 2022

Former FTX CEO Bankman-Fried arrested in Bahamas after U.S. files charges

Dec 12 (Reuters) – (Editor’s note: This story contains language in paragraph 18 that some readers may find offensive) FTX…
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World

StaffDecember 9, 2022

China’s Xi calls for oil trade in yuan at Gulf summit in Riyadh

Xi says summit with Gulf, Arab League is ‘milestone’ U.S. wary of growing Chinese influence in Arab world Arabs defy…
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Business

StaffDecember 9, 2022

Meta battles U.S. antitrust agency over future of virtual reality

SAN JOSE, Calif./ WASHINGTON, Dec 8 (Reuters) – The Biden administration on Thursday accused Meta Platforms Inc (META.O) of trying…
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Business

StaffDecember 8, 2022

Pentagon splits $9 billion cloud contract among Google, Amazon, Oracle and Microsoft

Dec 7 (Reuters) – The Pentagon awarded $9 billion worth of cloud computing contracts to Alphabet Inc’s Google (GOOGL.O), Amazon…
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Business

StaffDecember 8, 2022

Ex-Theranos president Balwani sentenced to nearly 13 years for fraud

Dec 7 (Reuters) – A U.S. judge on Wednesday sentenced former Theranos Inc President Ramesh “Sunny” Balwani to 12 years…
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Business

StaffDecember 7, 2022

Elon Musk briefly loses title as world’s richest person to LVMH’s Arnault – Forbes

Dec 7 (Reuters) – Twitter owner and Tesla (TSLA.O) boss Elon Musk briefly lost his title as the world’s richest…
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U.S.

StaffDecember 7, 2022

Trump Organization found guilty of tax fraud scheme

NEW YORK, Dec 6 (Reuters) – Donald Trump’s real estate company was convicted on Tuesday of carrying out a 15-year-long…
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Business

StaffDecember 7, 2022

Bankman-Fried, Ellison tap attorneys as FTX probes ramp up

NEW YORK, Dec 6 (Reuters) – FTX founder and former chief executive Sam Bankman-Fried and Caroline Ellison, head of its…
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