July 26, 2019

Oil prices nudge up as geopolitical tensions counter sluggish demand

Oil prices edged higher on Friday on worries about Middle East tensions, offset by a flagging global economic growth outlook amid the U.S.-China trade war. Powered […]
July 26, 2019

SoftBank Group’s $108 billion Vision Fund 2 draws in Microsoft, Apple

SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured pledges totaling about $108 billion from […]
July 26, 2019

Asian shares slide as ECB holds off easing, earnings mixed

Asian share prices dropped on Friday following mixed U.S. earnings reports and after the European Central Bank disappointed those investors who had expected an immediate easing […]
July 26, 2019

Australia to ‘lift veil’ on Facebook, Google algorithms to protect privacy

Australia said it would establish the world’s first dedicated office to police Facebook Inc and Google as part of reforms designed to rein in the U.S. […]
July 26, 2019

Factbox: How Australia plans to curb Facebook and Google’s market power

The Australian Competition and Consumer Commission has found, after an 18-month investigation, that Google and Facebook hold enormous power in the country’s online advertising and news […]
July 26, 2019

Canada’s new cannabis licensing favors richer companies, experts say

A new licensing process for legal cannabis producers in Canada limits the ability of smaller companies to attract investment, which could leave the fledgling industry dominated […]
July 26, 2019

In Roundup case, U.S. judge cuts $2 billion verdict against Bayer to $86 million

A California judge on Thursday reduced a $2 billion jury verdict, slashing the award for a couple who blamed Bayer AG’s glyphosate-based weed killer Roundup for […]
July 26, 2019

U.S. economic growth seen slowing in second quarter

The U.S. economy likely grew at its slowest pace in more than two years in the second quarter as an acceleration in consumer spending was probably […]
July 26, 2019

Australia to set up antitrust office to police Facebook, Google

Australia said it would establish the world’s first dedicated office within an antitrust regulator to police Facebook Inc and Google , setting a precedent for global […]
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