Technology stocks power S&P 500, Nasdaq to new highs - Reuters
NEW YORK (Reuters) - U.S. stocks surged on Wednesday, pushing the S&P 500 to its fourth straight record closing high, as investors stayed focused on large-cap momentum stocks that have outperformed since the onset of the coronavirus pandemic.
Nasdaq opens higher after Salesforce, HP Enterprise results - Reuters
NEW YORK (Reuters) - U.S. stocks surged on Wednesday, pushing the S&P 500 to its fourth straight record closing high, as investors stayed focused on large-cap momentum stocks that have outperformed since the onset of the coronavirus pandemic.
Amazon faces new antitrust challenge from Indian online sellers: legal documents - Reuters
NEW DELHI (Reuters) - A group of more than 2,000 online sellers has filed an antitrust case against Amazon in India, alleging the U.S. company favours some retailers whose online discounts drive independent vendors out of business, a legal filing seen by Reuters showed.
U.S. firms in Shanghai say WeChat ban could hit competitiveness, revenue: survey - Reuters
SHANGHAI (Reuters) - U.S. companies based in the financial hub of Shanghai said Washington’s planned ban on Chinese messaging app WeChat could badly hit their competitiveness and revenue should it apply to U.S. firms and citizens in China, a survey showed on Wednesday.
The American Chamber (AmCham) in Shanghai said 8
Biden gets no convention bounce after Democratic gathering: Reuters/Ipsos poll - Reuters
NEW YORK (Reuters) - Democratic presidential candidate Joe Biden saw no bounce in popular support after last week’s Democratic National Convention, according to a Reuters/Ipsos poll released on Wednesday, pointing to Americans’ hardened political views.
Pence to make economic pitch, tout coronavirus response at Republican convention - Reuters
WASHINGTON (Reuters) - Vice President Mike Pence was set to make an economic pitch to re-elect President Donald Trump at the Republican National Convention on Wednesday while his boss waded into the latest flare-up of unrest over the police shooting of a Black man.
UK's Supreme Court dismisses Huawei and ZTE patent appeals - Reuters
LONDON (Reuters) - The United Kingdom’s Supreme Court on Wednesday unanimously dismissed appeals by Chinese mobile technology companies Huawei and ZTE in patent disputes with Unwired Planet International Ltd and Conversant Wireless Licensing.
Reporting by Paul Sandle
BlueCity, owner of China's biggest gay dating app, buys lesbian platform - Reuters India
BEIJING (Reuters) - BlueCity BLCT.O, the owner of China’s biggest gay men dating app Blued, said on Wednesday it had bought a Chinese lesbian dating app LESDO, marking the first ever deal within the country’s LGBT market
U.S. to spend $625 million in five quantum information research hubs - Reuters
SAN FRANCISCO (Reuters) - The U.S. Department of Energy on Wednesday said it will provide $625 million over the next five years for five newly formed quantum information research hubs as it tries to keep ahead of competing nations like China on the emerging
Thai minister says clampdown won't stop as Facebook plans to fight order - Reuters
BANGKOK (Reuters) - Thailand’s digital minister vowed no relent on Wednesday in a crackdown on social media content deemed illegal and said it was unlikely Facebook would follow through on plans to challenge an order to block access to a group critical of the Thai monarchy.
The “Royalist Marketplace” group, which had over 1 million members, was blocked within