Tag: Emerging Market Countries

India investment body backs incentives for $706 million Samsung display plant: letter

NEW DELHI/LUCKNOW (Reuters) – Samsung Electronics should get tax and other incentives from India’s northern state of Uttar Pradesh as the South Korean company looks...

Huawei CFO raises new argument to fight U.S. extradition in Canada court

VANCOUVER/NEW YORK (Reuters) – Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight extradition...

Canada spy agency warned of ‘shock waves’ from arrest of Huawei founder’s daughter

FILE PHOTO: Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to attend a court hearing in Vancouver, British Columbia, Canada May 27, 2020....

Chinese users saw Zoom as a window through the ‘Great Firewall’

BEIJING (Reuters) – Zoom Video Communications (ZM.O) has gained a following in China in recent months from users ranging from underground churches to feminists who...

Exclusive: Netflix in talks to source Indian content from Reliance affiliate Viacom18 – sources

NEW DELHI (Reuters) – U.S. video streaming company Netflix is in talks with Viacom18, part of the Indian conglomerate Reliance Industries’ media unit Network18, about...

Outside panel to review Samsung heir Lee’s case: Seoul prosecutors

SEOUL (Reuters) – An outside panel will weigh the validity of an investigation into Samsung Group heir Jay Y. Lee over a 2015 merger and...

Zoom suspends U.S.-based activists’ account after Tiananmen event

SHANGHAI (Reuters) – Zoom Video Communications temporarily shut the account belonging to a group of U.S.-based Chinese activists after they held an event to commemorate...

SoftBank’s Arm at loggerheads with Chinese venture over CEO

SHANGHAI/SAN FRANCISCO (Reuters) – SoftBank Group Corp-owned Arm Ltd and its Chinese joint venture on Wednesday publicly disagreed over whether the unit’s chief executive officer...

NATO chief says on Huawei: UK review of 5G security is important

LONDON (Reuters) – The head of the NATO military alliance said on Wednesday that the West could not ignore the rise of China and so...

U.S. failed to properly oversee Chinese telecom carriers: Senate panel

WASHINGTON (Reuters) – A U.S. Senate report released Tuesday says the U.S. government failed to properly oversee Chinese-owned telecommunications companies for nearly two decades. FILE...

South Korean court denies arrest warrant request for Samsung heir

SEOUL (Reuters) – A South Korean court on Tuesday denied an arrest warrant request for Samsung Group heir Jay Y. Lee after prosecutors accused him...

Samsung leader appears in court, waits to hear if he’ll be jailed again

SEOUL (Reuters) – Samsung Group’s leader, Jay Y. Lee, appeared before a South Korean court on Monday, awaiting a ruling on whether new allegations including...

Court to decide whether to jail embattled Samsung heir again

SEOUL (Reuters) – A South Korean court will rule as soon as Monday whether to send Samsung Group heir Jay Y. Lee back to jail...

Virtual certainty? Bankers ask if success of remote roadshows will last

HONG KONG/NEW YORK (Reuters) – Who needs expensive lunches at glitzy hotels and fancy restaurants to court investors for bond deals or the sale of...

Amid pandemic, investors bet on India’s Jio and its giant-killer playbook

MUMBAI (Reuters) – From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani’s Jio telecom carrier is emerging as a winner from changes in...

WhatsApp, PayPal invest in Indonesian super app Gojek

SINGAPORE (Reuters) – Facebook Inc (FB.O) messaging platform WhatsApp and PayPal Holdings Inc (PYPL.O) on Wednesday said they have invested in payment, food delivery and...

Exclusive: Mexican broadcaster Televisa to launch mobile phone service, challenging Slim

MEXICO CITY (Reuters) – Mexican broadcaster Televisa said on Sunday it will start offering mobile phone service, a bid to challenge billionaire Carlos Slim’s America...

Russia applauds SpaceX launch but calls Trump’s reaction ‘hysteria’

MOSCOW (Reuters) – Russia’s space agency criticised U.S. President Donald Trump’s “hysteria” about the first spaceflight of NASA astronauts from U.S. soil in nine years,...

Canada’s Huawei extradition ruling could unleash more Chinese backlash

OTTAWA (Reuters) – A Canadian court ruling that could permit the extradition of a senior Huawei Technologies Co Ltd [HWT.UL] executive to the United States...

Alibaba extends its reach in China as coronavirus outbreak opens doors

SHANGHAI (Reuters) – Alibaba Group Holding Ltd is emerging as one of China’s biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand...

Huawei CFO Meng loses key court fight against extradition to United States

VANCOUVER/TORONTO (Reuters) – Huawei Technologies Co’s Chief Financial Officer Meng Wanzhou was dealt a setback by a Canadian court on Wednesday as she tries to...

Exclusive: Google faces antitrust case in India over payments app – sources

NEW DELHI (Reuters) – India’s antitrust body is looking into allegations that Alphabet Inc’s Google is abusing its market position to unfairly promote its mobile...

As Chinese authorities expand use of health tracking apps, privacy concerns grow

SHANGHAI (Reuters) – China’s health tracking QR codes, which have played a key part in the country’s successful containment of the coronavirus, now look set...

India makes source code of contact-tracing app public

NEW DELHI (Reuters) – India said on Tuesday it was making public the source code of its coronavirus contact-tracing app Aarogya Setu for Google’s (GOOGL.O)...

China’s coronavirus campaign offers glimpse into surveillance system

BEIJING (Reuters) – The coronavirus outbreak in China has given unprecedented glimpses into how an extensive system of surveillance cameras works, as monitoring stations are...