Asian shares hit record high as U.S. stimulus seen within reach
TOKYO (Reuters) - Asian shares scaled a record high on Friday on the growing prospect of a large U.S. economic package, while hopes that vaccine rollouts will boost the global economy underpinned investor sentiment.
U.S. expected to report slowest job growth in six months
WASHINGTON (Reuters) - U.S. employers likely hired the fewest workers in six months in November, hindered by a resurgence in new COVID-19 cases that, together with a lack of more government relief money, threatens to reverse the recovery from the pandemic recession.
Top AI ethics researcher says Google fired her; company denies it
OAKLAND, Calif. (Reuters) - A top Google scientist on ethical artificial intelligence says she was fired after criticizing the company's diversity efforts, a claim the Alphabet Inc unit disputed on Thursday, in the latest brush-up between the internet giant and worker activists.
U.S. in talks with Huawei CFO Meng on resolving criminal charges: source
(Reuters) - U.S. prosecutors are discussing a deal with lawyers for Huawei finance chief Meng Wanzhou to resolve criminal charges against her, a person familiar with the matter said, signaling a potential end to a case that has strained ties between the United States, China and Canada.
Uber asks U.S. CDC to consider ride-hail drivers essential for COVID-19 vaccine distribution
(Reuters) - Uber Technologies Inc on Thursday asked the U.S. Centers for Disease Control and Prevention to designate its ride-hail and delivery drivers as non-health essential workers entitled to early COVID-19 vaccine distribution.
Warner Bros disrupts theater business with same-day streaming
LOS ANGELES (Reuters) - AT&T Inc's Warner Bros studio will debut all of its 2021 films in theaters and on the HBO Max streaming service on the same day, the company said on Thursday, an unprecedented shift that hammered shares of struggling cinema operators.
United States adds China's SMIC and CNOOC to Defense blacklist
WASHINGTON (Reuters) - The Trump administration on Thursday added China's top chipmaker, SMIC, and oil giant CNOOC to a blacklist of alleged Chinese military companies, a move likely to escalate tensions with Beijing before President-elect Joe Biden takes office.
Dollar weakening expected to last into 2021 as risky bets remain
BENGALURU (Reuters) - The dollar's weakening is likely to last at least another six months as investors continue to shift to risky assets and higher returns, a Reuters poll of currency strategists found.
Analysis: Is a post-COVID currency war coming?
LONDON (Reuters) - Financial markets' euphoric reaction to the recent COVID-19 vaccine breakthroughs and U.S. election results is pushing some currencies up so fast that rumblings have begun about a potential new FX war.
Nasdaq apologises for Australia stock exchange outage
(Reuters) - Exchange operator Nasdaq Inc on Friday apologised for an Australian stock exchange outage last month, which wiped out nearly a full session of trading.