TikTok's U.S. users prepare for life without the video app
(Reuters) - Ty Gibson, 20, of Greensboro, North Carolina, brushed off speculation last week on TikTok that his favorite video sharing platform was going to be banned.
How to read U.S. economic data, without the spin
SAN FRANCISCO (Reuters) - As the United States gears up for presidential, congressional and local elections in November, the country's economy is also on a rollercoaster ride.
Google in talks to invest $4 billion in Reliance's digital arm, Bloomberg reports
BENGALURU (Reuters) - Alphabet Inc's Google is in advanced talks to invest $4 billion for a stake in the digital arm of Indian conglomerate Reliance Industries Ltd, Bloomberg reported on Tuesday, citing people familiar with the matter.
Futures rise with bank earnings in focus
(Reuters) - U.S. stock index futures rose on Tuesday as investors geared up for quarterly earnings reports from the big U.S. banks to provide clues on corporate America's expectations for the pace of an economic recovery in the second half of the year.
India's tech hub Bengaluru, other towns back in lockdown as coronavirus infections surge
BENGALURU/MUMBAI (Reuters) - India's high-tech hub of Bengaluru will go back into a coronavirus lockdown for a week on Tuesday after a surge of infections, threatening to derail government efforts to revive a stuttering economy.
Niche U.S. finance firms grease global trade of masks, gloves
NEW YORK/BOSTON (Reuters) - From specialty finance firms to boutique investment banks, a disparate mix of small financiers is bankrolling a U.S. gold rush for masks, gloves and other supplies in the wake of the novel coronavirus.
China posts first import growth since pandemic, exports also up
BEIJING (Reuters) - China's imports in June rose for the first time since the coronavirus crisis paralysed the economy, as government stimulus stoked demand for commodities, while exports, fuelled by medical goods, also rose in a sign the recovery is gaining traction.
Nokia rolls out software upgrade to 5G
(Reuters) - Finnish telecoms equipment maker Nokia launched software on Tuesday that enables mobile operators to upgrade their 4G radio stations to new 5G technology without a site visit or replacing equipment.
UK economy could shrink 14% this year, budget forecasters say
LONDON (Reuters) - Britain's economy could shrink by more than 14% this year if there is lasting damage from the coronavirus, a scenario that would push government borrowing to nearly half a trillion dollars, budget forecasters said on Tuesday.
California's new lockdown dims outlook for U.S. growth in pandemic
(Reuters) - California Governor Gavin Newsom's decision Monday to reimpose restrictions on bars, restaurants, gyms and even ordinary office work to tamp down a surge of coronavirus infections is dimming economic growth prospects for the nation as a whole.