U.S. auction theory pioneers win Nobel economics prize

Stockholm, Oct 12, 2020 - U.S. academics Paul Milgrom and Robert Wilson won the 2020 Nobel Economics on Monday for work on auctions hailed...

Twitter imposes restrictions, more warning labels ahead of U.S. election

New York, Oct 9, 2020 - Twitter Inc said on Friday it will remove tweets calling for people to interfere with the U.S. election...

IBM to break up 109-year old company to focus on cloud growth

New York, Oct 8, 2020 - International Business Machines Corp is splitting itself into two public companies, capping a years-long effort by the world’s...

Wanted: global digital tax push after pandemic, U.S. vote stall talks

Paris, Oct 6, 2020 - Negotiators from nearly 140 countries will ask Washington and its G20 partners this week to reaffirm political support for...

China says U.S. TikTok, WeChat bans break WTO rules

Geneva, Oct 5, 2020 - China said at a World Trade Organization meeting that restrictions by the United States on Chinese mobile applications TikTok...

Indonesia says in early talks with Tesla on potential investment

Jakarta, Oct 5, 2020 - Indonesia's government is in early discussions with electric vehicles maker Tesla Inc about a potential investment in the Southeast...

Slowing U.S. job growth leaves nearly 4 million Americans permanently unemployed

Washington DC, Oct 2, 2020 - U.S. employment growth slowed more than expected in September and more than 300,000 Americans lost their jobs permanently,...

U.S. House passes Democratic COVID-19 aid plan after bipartisan deal proves elusive

Washington DC, Oct 2, 2020 - The U.S. House of Representatives on Thursday approved a $2.2 trillion Democratic plan to provide more economic relief...

Microsoft 365 outage affects multiple services

Redmond, Sept 29, 2020 - Microsoft Corp said late Monday a recent change it introduced likely caused a major outage, affecting users' access to...

U.S. must stand up to China if Biden wins, focus less on trade, Krugman...

Brasilia, Sept 29, 2020 - Democratic candidate Joe Biden should maintain a tough stance against China if he wins the U.S. presidential election, but...