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ByteDance prefers TikTok shutdown in US if legal options fail

08/05/2024 0

Reuters exclusively reported that TikTok owner ByteDance would prefer shutting down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S.  The post ByteDance prefers TikTok shutdown in US if legal options fail appeared first on Reuters News Agency.   Source: Reuters News Agency 

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Elon Musk visits China as Tesla seeks self-driving technology rollout

08/05/2024 0

Reuters exclusively reported that Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the electric vehicle maker’s second-biggest market. The post Elon Musk visits China as Tesla seeks self-driving technology rollout appeared first on Reuters News Agency.   Source: Reuters News Agency 

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Google parent announces first-ever dividend; beats on sales, profit; shares soar

08/05/2024 0

Reuters was first to report on Google-parent Alphabet declaring its first ever quarterly dividend and announcing a massive $70 billion buyback which sent its shares to a record high when markets opened the next day.  The post Google parent announces first-ever dividend; beats on sales, profit; shares soar appeared first on Reuters News Agency.   Source: Reuters News Agency 

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No aid getting into Gaza, says UN aid agency

08/05/2024 0

Israeli military manoeuvres and shelling continued in and around eastern Rafah in southern Gaza on Wednesday morning as UN humanitarians stressed that “no fuel or aid” is getting into the enclave.

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Venezuela to accelerate cryptocurrency shift as oil sanctions return

08/05/2024 0

Reuters exclusively reported that Venezuela’s state-run oil company PDVSA plans to increase digital currency usage in its crude and fuel exports as the U.S. reimposes oil sanctions on the country. The post Venezuela to accelerate cryptocurrency shift as oil sanctions return appeared first on Reuters News Agency.   Source: Reuters News Agency 

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Ecuador examining new Amazon and Ocean linked debt-for-nature swaps

08/05/2024 0

Reuters exclusively reported that Ecuador is scoping out new debt-for-nature swaps, one to funnel funds into the Amazon rainforest and another for a giant ocean protection zone backed by Hollywood star Leonardo DiCaprio.  The post Ecuador examining new Amazon and Ocean linked debt-for-nature swaps appeared first on Reuters News Agency.   Source: Reuters News Agency 

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ECB set to order UniCredit to reduce Russia business

08/05/2024 0

Reuters exclusively reported that the European Central Bank is poised to order Italy’s UniCredit to cut back its business with Russia as the regulator exerts pressure to choke off European financial ties with Moscow.  The post ECB set to order UniCredit to reduce Russia business appeared first on Reuters News Agency.   Source: Reuters News Agency 

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Journey into the unknown: Thousands of Gazan families flee Rafah

08/05/2024 0

Displacement after displacement. That describes the reality facing thousands of Palestinian families in Gaza who took Rashid Street from Rafah to the centre of the Gaza Strip after receiving evacuation orders from Israeli authorities on Monday to move to Al Mawasi, a coastal area of the besieged enclave.