Clarence Fernandez

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Articles

Analysis-Indian court's reversal of $2.3 billion deal casts shadow on bankruptcy law

1 week ago | today.westlaw.com | Clarence Fernandez |Arpan Chaturvedi |Aditya Kalra

NEW DELHI (Reuters) -A decision by India's Supreme Court to quash a $2.3-billion steel industry deal six years after an insolvency tribunal approved it has unsettled buyers of distressed assets, throwing a shadow over one of the country's biggest...
World Stocks Pause as Markets Eye US-China Talks, Fed

1 week ago | gurutrade.com | Yoruk Bahceli |Tom Westbrook |Jacqueline Wong |Clarence Fernandez

U.S.-China to discuss trade in Switzerland Dollar down a fourth day, European stocks fall U.S. stock futures rise Fed expected to hold interest rates LONDON, May 7 (Reuters) - World stocks held on to most of their recent gains on Wednesday and oil prices rose on news of a forthcoming meeting between top U.S. and Chinese trade officials.
New York asks judge to bar Trump from killing congestion pricing program

1 week ago | today.westlaw.com | Stephen Coates |David Shepardson |Clarence Fernandez

(Reuters) -The city of New York and the Metropolitan Transportation Authority asked a U.S. judge late on Monday to block the Trump administration from killing Manhattan's congestion pricing program. Lawyers for the city's transportation department and...
India panel to review copyright law amid legal challenges to OpenAI

1 week ago | today.westlaw.com | Clarence Fernandez |Munsif Vengattil |Arpan Chaturvedi |Aditya Kalra

NEW DELHI (Reuters) -India has set up a panel to review if existing copyright law is sufficient to tackle AI-related disputes, an official memo showed, at a time when OpenAI faces legal challenges stemming from accusations of exploiting copyrighted...
Bhutan turns to 'green' cryptocurrency to fuel economy

4 weeks ago | today.westlaw.com | Rupam Jain |Clarence Fernandez

NEW DELHI (Reuters) - The Himalayan nation of Bhutan is exploring ways to mine and leverage green cryptocurrencies using hydropower to boost its economy and create jobs to reduce brain drain, the chief executive of its sovereign wealth fund said....
Pentagon to end $5.1 billion in contracts with Accenture, Deloitte, others

1 month ago | today.westlaw.com | ISMAIL SHAKIL |Mike Stone |Howard Goller |Clarence Fernandez

(Reuters) - U.S. Defense Secretary Pete Hegseth has ordered the termination of several information technology services contracts valued at $5.1 billion, including companies such as Accenture, Booz Allen Hamilton and Deloitte, according to a Pentagon...
Japan Household Inflation Expectations Rise, Keep BOJ Rate hike View Alive

1 month ago | gurutrade.com | Leika Kihara |Clarence Fernandez |Jamie Freed

Survey shows 86.7% of households see prices up a year from now Households expect prices to rise by an average 12.2% Households spending more on food, less on leisure - survey Data among factors BOJ to scrutinise at April 30-May 1 meeting TOKYO, April 11 (Reuters) - Japanese households' inflation expectations heightened in the three months to March, a Bank of Japan survey showed on Friday, keeping the central bank under pressure to raise interest rates further.
Japanese Investors Cut Foreign Bond Buying, Step Up Equity Buying in March

1 month ago | gurutrade.com | Patturaja Murugaboopathy |Gaurav S Dogra |Clarence Fernandez

April 8 (Reuters) - Japanese investors turned net sellers of overseas bonds in March for the first time in three months, fuelled by a decline in U.S. yields, but they ramped up purchases of foreign equities, aided by retail investment flows. Japanese investors sold 902.7 billion yen ($6.14 billion) in long-term foreign bonds in March, reversing February’s net purchases of 3.3 trillion yen, data from the finance ministry showed.
Wikipedia operator appeals Indian court's order to remove content, sources say

1 month ago | today.westlaw.com | Clarence Fernandez |Arpan Chaturvedi |Aditya Kalra

NEW DELHI (Reuters) - The operator of online encyclopaedia Wikipedia has challenged a New Delhi court's order to remove statements from its page that the court said defamed a domestic news website, two sources with direct knowledge of the matter said...
Trump says TikTok sale deal to come before Saturday deadline

1 month ago | arizonadigitalfreepress.com | Andrea Shalal |David Shepardson |Clarence Fernandez |Sonali Paul

U.S. flag and TikTok logo are seen in this illustration taken January 8, 2025. (REUTERS/Dado Ruvic/Illustration/File Photo)By Andrea Shalal and David Shepardson | REUTERSPresident Donald Trump said a deal with TikTok’s Chinese parent ByteDance to sell the short video app used by 170 million Americans would be struck before a deadline on Saturday.

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