EXCLUSIVE Geely unit Lotus Tech goals to lift as much as $500 mln in funds – CFO

Australian shares slip as tech, gold stocks track Wall Street sell-off

SHANGHAI, Nov 26 (Reuters) – Lotus Technology, a new unit of China’s Geely (GEELY.UL) set up to develop the technology to power Lotus sports cars, is planning to raise $400 million to $500 million before the end of this year, its chief financial officer told Reuters. Lotus Technology, part of Group Lotus which is in … Read more

China steps up stress on tech with draft on-line advert guidelines

China steps up pressure on tech with draft online ad rules

SHANGHAI, Nov 26 (Reuters) – China’s market regulator proposed new rules on Friday that would increase online advertising oversight, including stipulating that adverts should not affect normal internet use or mislead users. Authorities in China have tightened regulation across a range of industries this year, with an emphasis on technology. Search giant Baidu Inc and … Read more

Nikkei sinks to one-month low on new virus variant, China tech crackdown information

Australian shares slip as tech, gold stocks track Wall Street sell-off

TOKYO, Nov 26 (Reuters) – Japan’s Nikkei slumped on Friday to its lowest level in a month as a new coronavirus variant found in South Africa raised an alarm, while the news that Beijing has asked Chinese hailing giant Didi (DIDI.N) to delist from New York also soured the mood. The Nikkei average (.N225) dropped … Read more

Israel slashes record of nations that may purchase cyber tech -report

Israel slashes list of countries that can buy cyber tech -report

The logo of Israeli cyber firm NSO Group is seen at one of its branches in the Arava Desert, southern Israel July 22, 2021. REUTERS/Amir Cohen/File Photo Register now for FREE unlimited access to reuters.com Register JERUSALEM, Nov 25 (Reuters) – Israel slashed its list of countries eligible to buy its cyber technologies following concern … Read more

Italy – Components to observe on Nov. 25

Australian shares slip as tech, gold stocks track Wall Street sell-off

The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on . Register now for FREE unlimited access to reuters.com Register POLITICS Italy reported 85 coronavirus-related … Read more

Japanese shares rebound from sharp losses, tech shares lead beneficial properties

Australian shares slip as tech, gold stocks track Wall Street sell-off

TOKYO, Nov 25 (Reuters) – Japanese shares rose on Thursday, with technology shares leading gains, as investors scouted for bargains after sharp declines in the previous session. The Nikkei share average (.N225) rose 0.7% to 29,514.38 by 0155 GMT, while the broader Topix (.TOPX) was up 0.37% to 2,026.53. “The declines in the previous session, … Read more

Offers of the day Mergers and acquisitions

Deals of the day Mergers and acquisitions

Nov 23 (Reuters) – The following bids, mergers, acquisitions and disposals were reported by 1100 GMT on Tuesday: ** U.S.-based Advent International and Centerbridge Partners have made a joint takeover offer for Germany’s Aareal Bank (ARLG.DE) that values the lender at 1.7 billion euros ($1.9 billion). read more ** Britain’s Marks & Spencer (MKS.L) has … Read more

EU’s Vestager cheers as lawmakers vote for more durable tech legal guidelines

EU's Vestager cheers as lawmakers vote for tougher tech laws

EU Commission Executive Vice-President Margrethe Vestager holds a news conference on European Commission’s competition policy, in Brussels, Belgium November 18, 2021, REUTERS/Yves Herman Register now for FREE unlimited access to reuters.com Register STRASBOURG, Nov 23 (Reuters) – A key committee of EU lawmakers on Tuesday agreed to tougher laws targeting Amazon (AMZN.O), Apple (AAPL.O), Alphabet … Read more

Moscow says 13 international tech companies should be represented on Russian soil by 2022

Moscow says 13 foreign tech firms must be represented on Russian soil by 2022

Russian President Vladimir Putin attends a meeting with head of the Federal Taxation Service (FTS) Daniil Egorov in Moscow, Russia November 22, 2021. Sputnik/Mikhail Metzel/Pool via REUTERS Register now for FREE unlimited access to reuters.com Register MOSCOW, Nov 23 (Reuters) – Russia has demanded that 13 foreign technology companies be officially represented on Russian soil … Read more

Indonesia mulls media invoice in search of fairer share from massive tech

Indonesia mulls media bill seeking fairer share from big tech

JAKARTA, Nov 23 (Reuters) – Indonesian authorities are assessing a draft bill that could compel tech giants like Facebook (FB.O) and Google to negotiate with media firms for fairer revenues, media groups said on Tuesday, a move inspired by a groundbreaking new Australian law. Wenseslaus Manggut, chairman of Indonesia’s cyber media association (AMSI), which was … Read more