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Delivery firms face rulings, riders see little change
Delivery firms face rulings, riders see little change

MILAN, Italy: A string of court rulings against food delivery platforms in Italy has yet to significantly improve conditions for riders,...

Block shares surge after 4,000 layoffs
Block shares surge after 4,000 layoffs

BANGKOK, Thailand: Financial technology firm Block is cutting more than 4,000 jobs, roughly 40 percent of its workforce, as it restructures...

U.S. stock markets shrug off outbreak of hostilities in Iran
U.S. stock markets shrug off outbreak of hostilities in Iran

NEW YORK, New York - Wall Street delivered a mixed performance on Monday as escalating military conflict in the Middle East, following...

Seoul lifts map data curbs, paving way for Google
Seoul lifts map data curbs, paving way for Google

SEOUL, South Korea: South Korea has approved the export of high-precision map data to overseas servers, clearing the way for Google...

AI safeguards row puts Anthropic’s $200 million deal at risk
AI safeguards row puts Anthropic’s $200 million deal at risk

WASHINGTON, D.C.: Anthropic said it will not comply with a Pentagon request to remove safeguards from its artificial intelligence systems,...

Netflix walks away from Warner deal; stock jumps
Netflix walks away from Warner deal; stock jumps

NEW YORK CITY, New York: Paramount Skydance has prevailed in its bid to acquire Warner Bros Discovery, after Netflix declined to raise...

Asia Pacific

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Ex-media mogul Jimmy Lai’s fraud conviction quashed by Hong Kong court
Ex-media mogul Jimmy Lai’s fraud conviction quashed by Hong Kong court

HONG KONG: Onetime media magnate Jimmy Lai won a rare victory in his legal battles when a Hong Kong appellate court on February 27...

Panama seizes key canal ports, HK lodges protest
Panama seizes key canal ports, HK lodges protest

BANGKOK, Thailand: Hong Kong has formally protested Panama's decision to take control of two strategically important ports at either...

AI shift pushes Australia’s WiseTech to axe third of staff
AI shift pushes Australia’s WiseTech to axe third of staff

SYDNEY, Australia: Australian software company WiseTech Global will cut about 2,000 jobs, nearly a third of its global workforce, as...

General Atlantic seeks ByteDance sale at $550 billion
General Atlantic seeks ByteDance sale at $550 billion

NEW YORK/HONG KONG: Investment firm General Atlantic is seeking to sell part of its stake in ByteDance in a transaction that values...

Spring Festival rush fills Vietnam-China passenger train
Spring Festival rush fills Vietnam-China passenger train

HANOI, March 3 (Xinhua) -- As the Spring Festival travel rush draws to a close, the international passenger train linking Vietnam's...

China's skiing fervor glides into southern shopping malls
China's skiing fervor glides into southern shopping malls

by Xinhua writers Yue Wenwan, Gong Liankang and Yao Yuan WUHAN, March 3 (Xinhua) -- A row of Nordic-style wooden cottages, roofs...