The Biden administration is asking allies to stop domestic companies from servicing certain chipmaking tools for Chinese customers, a U.S. Commerce department official said on Wednesday.
Egan-Jones has become the second proxy advisory firm to back Nelson Peltz’s push for board seats at Walt Disney , the activist investor’s asset management firm said on Wednesday as it takes on the entertainment conglomerate in a bitter proxy battle.
Dutch Prime Minister Mark Rutte said he had discussed an incident of cyberespionage the Netherlands has blamed on the Chinese state during talks with President Xi Jinping on Wednesday.
A federal judge in Manhattan on Wednesday said the U.S. securities regulator’s lawsuit against Coinbase can move forward, but dismissed one claim the agency made against the largest U.S. cryptocurrency exchange.
GameStop’s shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter revenue on the back of a spending slowdown and rising competition from e-commerce firms.
Amazon on Wednesday lost its fight to suspend a requirement regarding its online advertising under EU tech rules after Europe’s top court backed EU regulators, saying EU interests outweigh the U.S. online retailer’s material interests.
Amazon has been fined 31 million zlotys ($7.8 million) in Poland for misleading customers about product availability and delivery dates, consumer watchdog UOKiK said on Wednesday.
Alibaba Group said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO) of the logistics business in Hong Kong.
Financial institutions are not at risk from the first cyberattack on a Vietnamese brokerage, the market regulator said on Wednesday, after the third largest securities firm was suspended after it was targeted over the weekend.
