By Carolina Mandl NEW YORK (Reuters) – Global hedge funds sold more stocks than they bought by the largest amount in a year, mainly driven by their bets that stocks will drop, a Goldman Sachs note showed on Friday. The note refers to the period of February 21-27. Goldman Sachs said the gloomy sentiment was…
(Reuters) – Indonesia and Apple have agreed on terms to lift the country’s ban on iPhone 16s and could sign a deal as early as this week, Bloomberg News reported on Tuesday, citing people familiar with the matter. Indonesia banned the iPhone 16 in October after Apple failed to meet requirements that smartphones sold domestically…
AMSTERDAM (Reuters) – Online rights activists have filed complaints with data protection authorities in several European countries about U.S. software firm Meta’s targeted advertising practices, the Eko group said on Thursday. The group said it had filed complaints with watchdogs in Norway, Germany and Spain after collecting evidence that Facebook’s parent company had not listened…
By Kylie Madry MEXICO CITY (Reuters) – Walmart’s Mexico and Central America unit is preparing to launch its debit card service, an executive said on Thursday. WHY IT’S IMPORTANT Walmex, as the company is also known, is Mexico’s largest retailer. It bought a payment app in 2023 to become its fintech service, known as Cashi,…
By Jonathan Stempel (Reuters) – Apple has been sued by consumers who said its claim that three versions of Apple Watches are “carbon neutral” and environmentally friendly is false and misleading. In a complaint filed on Wednesday in San Jose, California federal court, seven purchasers of the green-tagged Apple Watch Series 9, SE and Ultra…
By Stephanie van den Berg and David Thomas THE HAGUE (Reuters) – A framework agreement outlining U.S. access to revenues from Ukraine’s natural resources in exchange for security guarantees has legal gaps that must be filled in future negotiations, four experts told Reuters a day before the countries’ leaders meet in Washington. A draft of…
WASHINGTON (Reuters) – Donald Trump accepted an invitation from King Charles on Thursday to visit Britain, making the U.S. President the first elected political leader in modern times to be hosted for two state visits by a British monarch. British Prime Minister Keir Starmer handed Trump a letter from Charles during a press conference with…
By Jennifer Rigby LONDON (Reuters) – The United States has not moved to quit the Americas branch of the World Health Organization, the Pan American Health Organization (PAHO), despite its wider pullback from global health. President Donald Trump started the 12-month withdrawal process for the U.S. to leave the WHO on his first day in…
WASHINGTON (Reuters) – The Trump administration has instructed agencies to work with “Department of Government Efficiency team leads” to identify targets for mass layoffs as part of restructuring plans due on March 13, a memo showed on Wednesday. The memo, published by the federal human resources agency known as the Office of Personnel Management and…
By Nate Raymond BOSTON (Reuters) – The founder of a cryptocurrency financial services firm has been extradited from Portugal to face U.S. charges that he participated in a wide-ranging scheme to manipulate the market for digital tokens on behalf of client companies. Aleksei Andriunin, the CEO of cryptocurrency “market maker” Gotbit, was ordered detained following…
