(Corrects first paragraph to reflect that the changes apply only to iPhones, not other Apple devices) By Stephen Nellis SAN FRANCISCO, Dec 17 (Reuters) – Apple on Wednesday said it has opened iPhones to alternative app stores in Japan to comply with new laws aimed at stoking competition in that country’s smartphone market. Under Apple’s …
Apple opens iPhone to alternative app stores in Japan Read More »
By Ju-min Park SEOUL, Dec 17 (Reuters) – A South Korean court found two contractors that worked on Taiwan’s submarine programme guilty of leaking designs for torpedo-launching systems, calling the case a potential “diplomatic burden” for Seoul, according to a ruling reviewed by Reuters. On Tuesday, the Masan Branch of the Changwon District Court sentenced …
South Korean contractors on Taiwan submarines jailed for leaking documents Read More »
SEOUL, Dec 18 (Reuters) – Shares of LG Energy Solution dropped as much as 7.6% in morning trade on Thursday after the company announced a day earlier that Ford Motor had cancelled an electric vehicle (EV) battery supply deal. The South Korean battery maker said in a regulatory filing that the termination followed a notice …
Shares in South Korea’s LGES drop more than 7% after Ford cancels EV battery deal Read More »
Dec 18 (Reuters) – Budweiser Brewing Company APAC said on Thursday that its chief financial officer, Ignacio Lares, had decided to leave the company effective April 1, 2026, after nearly two decades of service. The company has appointed Bernardo Novick as the new finance chief. He has worked with AB InBev-linked companies for the past …
HK-listed Budweiser APAC CFO Lares to leave next year Read More »
ORLANDO, Florida, Dec 17 (Reuters) – U.S. shares sank on Wednesday, with tech hit by renewed worries over the AI trade, while Washington’s blockade of all sanctioned oil tankers entering and leaving Venezuela lifted oil prices from their five-year lows. More on that below. In my column today I look at so-called ‘U-star’, the theoretical, …
By Alexandra Alper WASHINGTON, Dec 17 (Reuters) – Republican lawmakers accused Intel this week of threatening U.S. national security after Reuters revealed the chipmaker was evaluating chipmaking equipment made by a company with deep ties to China and overseas units sanctioned by the U.S. government. Intel, whose CEO came under pressure from President Donald Trump …
Republican lawmakers decry Intel’s testing of Chinese-linked tools after Reuters report Read More »
By Laila Kearney NEW YORK, Dec 17 (Reuters) – Oil prices rallied by more than 1% on Wednesday after U.S. President Donald Trump ordered a blockade of all oil tankers under sanctions entering and leaving Venezuela, raising global political tensions and easing concerns about a swelling surplus of global crude. Brent crude futures settled at …
Oil rises as Trump’s Venezuela blockade takes edge off global crude surplus concerns Read More »
By Hyunjoo Jin and Heekyong Yang SEOUL, Dec 17 (Reuters) – The billionaire founder of South Korea’s Coupang failed to appear before a parliamentary hearing in Seoul on Wednesday over the e-commerce group’s recent data breach, prompting a decision to file a legal complaint over his absence. Coupang Inc CEO and Chairman Bom Kim declined …
Coupang CEO faces legal action for skipping South Korean hearing on data breach Read More »
By Uditha Jayasinghe COLOMBO, Dec 17 (Reuters) – Sri Lanka expects its economy to expand by more than 5% next year, matching this year’s pace and significantly outstripping IMF projections, partly driven by reconstruction efforts following Cyclone Ditwah, a senior minister told Reuters on Wednesday. The storm hit in late November, killing nearly 650 people …
Exclusive-Sri Lanka forecasts 5% growth in 2026, aided by post-cyclone reconstruction Read More »
SEOUL, Dec 17 (Reuters) – South Korea’s LG Energy Solution said on Wednesday that Ford Motor has terminated an electric vehicle (EV) battery-supply deal worth about 9.6 trillion won ($6.50 billion). The South Korean battery maker said in a regulatory filing that the termination followed a notice from Ford after the automaker decided to halt …
Ford cancels EV battery deal worth $6.5 billion with South Korea’s LG Energy Solution Read More »
