REUTERS

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Payments firm PayPal files for bank charter in lending push

Crypto December 17, 2025

Payments firm PayPal said on Monday it has applied to establish a bank in the United States, as companies rush to capitalise on a friendly regulatory environment under the Trump administration. The �...

Trump adds 7 countries, including Syria, to full travel ban list

Business December 17, 2025

United States President Donald Trump on Tuesday expanded a list of countries subject to a full travel ban, prohibiting citizens from an additional seven countries, including Syria, from entering the c...

Pakistani-Canadian sanctioned by EU for trading Russian oil

Business December 17, 2025

BRUSSELS: An obscure Pakistani-Canadian businessman is named among those sanctioned by Western authorities for dealing in sanctioned Russian oil and enriching Vladimir Putin’s war economy. The Europ...

Meta tolerates rampant ad fraud from China to safeguard billions in revenue

Crypto December 17, 2025

Last year, Meta had to reckon with an ugly conclusion about its Chinese advertising customers: They were defrauding Facebook, Instagram and WhatsApp users worldwide.Though China's authoritarian gover�...

Dollar on defensive as traders eye delayed US jobs data

Crypto December 17, 2025

The U.S. dollar sagged to near a two-month low at the start of the Asian trading session on Tuesday as markets awaited the release of a slew of economic data, including the delayed November U.S. jobs�...

Nasdaq plans round-the-clock stock trading, targets global investors

Crypto December 16, 2025

Nasdaq, one of the world's largest exchanges that is home to tech companies Nvidia, Apple and Amazon, is planning to submit paperwork with the U.S. Securities and Exchange Commission on Monday to �...

FDA sends warning letters to Walmart, Target for selling recalled baby formula - NBC News

Business December 16, 2025

The U.S. Food and Drug Administration has sent warning letters to four major retailers for continuing to sell baby formula linked to a nationwide outbreak of bacterial illness in infants, even after �...

OpenAI hires veteran Google executive as corporate development VP - Yahoo Finance

Business December 16, 2025

Dec 15 (Reuters) - OpenAI on Monday confirmed that it has appointed Albert Lee, senior director of corporate development at Google, as its vice president of corporate development. Lee will start his�...

Bridgewater warns Big Tech's reliance on external capital to fund AI boom is 'dangerous' - Yahoo Finance

Business December 16, 2025

Dec 15 (Reuters) - The AI spending boom is entering a "dangerous" phase as Big Tech firms increasingly tap external investors to cover mounting costs, a top executive at hedge fund giant Bridgewater �...

Roomba maker iRobot files for bankruptcy, pursues manufacturer buyout - CNBC

Business December 16, 2025

iRobot, the maker of the Roomba vacuum cleaner, filed for bankruptcy protection on Sunday, saying that it would go private after being bought by Picea Robotics, its primary manufacturer. The company,�...