Business

China's ByteDance signs deal to form joint venture to operate TikTok US app

China's ByteDance signs deal to form joint venture to operate TikTok US app

By David Shepardson WASHINGTON, Dec 18 (Reuters) - TikTok's Chinese owner ByteDance signed binding agreements to form a joint venture…

December 19, 2025

Wanxiang to pay $53 million to resolve US probe into imported Chinese auto parts, DOJ says

WASHINGTON, Dec 18 - The Justice Department said Thursday it had reached a settlement with the U.S. arm of Chinese…

December 19, 2025

US Energy Department taps Big Tech for AI-powered research push

Dec 18 (Reuters) - The U.S. Department of Energy said on Thursday it has signed agreements with 24 organizations, including…

December 19, 2025

The Rise of Smart Scaffolding: How Translite Scaffolding Is Engineering Safer, Faster Construction Systems

New Delhi [India], December 18: Scaffolding has always been an essential part of construction, providing temporary support and access for…

December 18, 2025

Analysis-More mega deals coming as chase for scale fuels near record-breaking year for M&A

By Anousha Sakoui, Dawn Kopecki and Kane Wu LONDON/NEW YORK/HONG KONG, Dec 18 (Reuters) - Dealmakers got what they wanted…

December 18, 2025

How China built its ‘Manhattan Project’ to rival the West in AI chips

(Corrects to add Reuters in dateline) By Fanny Potkin SINGAPORE, Dec 17 (Reuters) - In a high-security Shenzhen laboratory, Chinese…

December 18, 2025

Exclusive-FTC probes Instacart's AI pricing tool, source says; shares drop

By Jody Godoy Dec 17 (Reuters) - The U.S. Federal Trade Commission is probing Instacart, two sources familiar with the…

December 18, 2025

Wall Street closes lower as AI funding jitters drag tech stocks

By Abigail Summerville and Johann M Cherian Dec 17 (Reuters) - Wall Street's main indexes closed lower on Wednesday, with…

December 18, 2025

Tricolor executives charged with fraud over subprime lender's collapse

Dec 17 (Reuters) - Federal prosecutors in Manhattan unsealed an indictment on Wednesday charging executives of bankrupt Tricolor with systematically…

December 18, 2025

BlackRock, investor Dalio to help fund 'Trump accounts'

WASHINGTON, Dec 17 (Reuters) - Billionaire investor Ray Dalio will help fund the Trump administration's investment accounts for certain children…

December 17, 2025