China’s competition watchdog is adding staff and resources as it cracks down on anti-competitive behavior. Its most recent action, a $2.75 billion fine on e-commerce giant Alibaba, underscores challenges for companies including global firms.
Business & Financial News, U.S & International Breaking News
Sixth victim dies from shooting by ex-NFL player in South Carolina home
An air conditioning technician has become the sixth person to die after being shot by a former National Football League player at a South Carolina home last Wednesday, the county coroner said.
Bavarian leader joins race to run as German chancellor candidate
BERLIN (Reuters) -Bavarian premier Markus Soeder put himself forward on Sunday to run as the conservative candidate for German chancellor in a September election and said he would settle the question soon and amicably with his rival, the Christian Democrat (CDU) chief.
Israel pledges to work with U.S. on Iran
JERUSALEM (Reuters) -Israel's defence minister pledged on Sunday to cooperate with the United States on Iran, voicing hope that Israeli security would be safeguarded under any renewed Iranian nuclear deal that Washington reaches.
China, Russia undermine international Myanmar response, EU's top diplomat says
BRUSSELS (Reuters) -The European Union's top diplomat said on Sunday Russia and China were hampering a united international response to Myanmar's military coup and that the EU could offer more economic incentives if democracy returns to the country.
Iran says Natanz nuclear site hit by terrorism - TV
DUBAI (Reuters) -An incident at Iran's Natanz nuclear facility on Sunday was caused by an act of "nuclear terrorism", the country's nuclear chief Ali Akbar Salehi said, according to state TV, adding that Tehran reserves the right to take action against the perpetrators.
S.Korean battery makers agree $1.8 billion settlement, aiding Biden's EV push
WASHINGTON/SEOUL (Reuters) -South Korean battery makers LG Energy Solution and SK Innovation Co agreed on Sunday to settle disputes over electric-vehicle (EV) battery technology, avoiding a potential setback for U.S. EV ambitions.
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