Reuters Asia Business

Google pushes global agenda to educate workers, lawmakers on AI

By Kenrick Cai SAN FRANCISCO -Alphabet’s Google, already facing an unprecedented regulatory onslaught, is looking to shape public perception and policies on artificial intelligence ahead of a global wave of AI regulation.  A key priority, one executive told Reuters, comes in building out educational programs to train the workforce on AI.  “Getting more people and …

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Kia America to recall over 80,000 U.S. vehicles over improper air bag deployment from damaged wiring, NHTSA says

(Reuters) – Kia America is recalling 80,255 Niro EV, Plug-in Hybrid and Hybrid vehicles in the U.S. as air bags and seat belts that deploy improperly or an air bag deploying unintentionally can increase the risk of injury in a crash, the U.S. National Highway Traffic Safety Administration said on Saturday. (Reporting by Devika Nair …

Kia America to recall over 80,000 U.S. vehicles over improper air bag deployment from damaged wiring, NHTSA says Read More »

China’s suspension of five Brazilian soy exporters to last 2 months, says Brazilian official

By Ana Mano SAO PAULO (Reuters) – China’s suspension earlier this month of Brazilian soybean exports from five companies after cargoes did not meet plant health requirements will last two months, a top Brazilian agriculture official told Reuters on Friday. Brazil is the top soybean exporter to China, which is the world’s top importer. Brazilian …

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Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US

By Helen Reid and James Davey LONDON (Reuters) -Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton from approved regions, which do not include China, for products it sells in the United States, its biggest market, the company said on Friday. Approved cotton sources include Australia, Brazil, India, the United States and, …

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China’s HongShan buys Marshall Group stake in $1.15 billion deal as Telia sells

By Julie Zhu DAVOS, Switzerland (Reuters) – HongShan Capital Group (HSG) said on Friday it has struck a deal to acquire a majority stake in Marshall Group in a deal valuing the Stockholm-based audio equipment maker at 1.1 billion euros ($1.15 billion). Swedish telecom group Telia said separately it has agreed to sell its 9.6% …

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Exclusive-Japan’s JERA plans to expand US LNG purchases to diversify energy supply

By Marwa Rashad DAVOS, Switzerland (Reuters) -Japan’s top LNG buyer, JERA, plans to increase its purchases of liquefied natural gas from the United States to diversify its supply and meet demand growth spurred by data centres and AI, a senior executive told Reuters. U.S. President Donald Trump pledged to unleash the U.S. energy industry to …

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Louisiana’s Argent LNG sets deal with government of Bangladesh

HOUSTON (Reuters) – Argent LNG, which is developing a 25 million metric tonnes per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to purchase up to 5 million metric tons of liquefied natural gas (LNG) annually, the company said in a statement on Friday. This is the …

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Senior UK lawmaker says consumers and investors want truth on China cotton

LONDON (Reuters) – The chair of a British parliamentary committee said on Friday that British consumers and investors wanted the truth on whether products with cotton from China’s Xinjiang province were sold by online fast-fashion retailer Shein in Britain. In a letter to the Business and Trade Committee, Shein, which is planning a London initial …

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Dutch PM raised ASML in talks with China’s Ding 

AMSTERDAM – Dutch Prime Minister Dick Schoof held “critical conversations” with visiting Chinese Vice Premier Ding Xuexiang, he said on Friday, including discussions on human rights and on semiconductor equipment supplier ASML. The Dutch government has introduced progressively tighter restrictions on exports of ASML’s chipmaking tools to China, one of its biggest markets, under pressure …

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