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PRESS DIGEST-British Business - March 17
March 17 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- A group of Thames Water's creditors have offered 3.35 billion pounds ($4.45 billion) of new equit...Reuters
Tue, Mar 17
Trump administration cannot implement 'sweeping' funding freeze, US court rules
OMB memo paused spending to align with Trump's executive ordersFreeze affected up to $3 trillion in federal fundingOMB withdrew memo amid litigation, but states disputed policy's endBy Nate Raymond BOSTON, March 16 (Reuters) - A federal appeals court on Monday largely upheld a ruling that...Reuters
Tue, Mar 17
Alibaba launches AI platform for enterprises as agent craze sweeps China
BEIJING, March 17 (Reuters) - Alibaba Group 9988.HK on Tuesday launched an artificial intelligence platform for enterprises targeting automation, intensifying competition in China's rapidly evolving AI agent market following the OpenClaw craze that has gripped the country's tech sector.The p...Reuters
Tue, Mar 17
MOVES-JPMorgan poaches Goldman veteran Zhang as co-head of China investment banking
By Yantoultra Ngui and Kane Wu SINGAPORE, March 17 (Reuters) - JPMorgan Chase JPM.N has hired Yi Zhang from Goldman Sachs GS.N as co-head of China investment banking, in the latest of a series of new hires to strengthen its Asia banking business, according to an internal memo on Tuesday reviewed ...Reuters
Tue, Mar 17
Trump was warned of likely Iranian retaliation on Gulf allies, sources say
Iranian strikes hit Gulf states, affecting U.S. and Emirates military basesDemocrats report no imminent threat justifying the warBy Jonathan Landay, Phil Stewart and Erin BancoWASHINGTON, March 16 (Reuters) - President Donald Trump was warned that attacking Iran could trigger retaliation against U.S...Reuters
Tue, Mar 17
US federal jury convicts Assad-era Syrian official of torture
By Kanishka Singh and Mike Scarcella WASHINGTON, March 16 (Reuters) - A federal jury in Los Angeles convicted a former Syrian government official, who headed the Damascus Central Prison under the government of ousted Syrian President Bashar al-Assad, of torture, the U.S. Justice Department said o...Reuters
Tue, Mar 17
Taiwan says sale of second package of arms from US is proceeding on schedule
US working on a second large arms sale to Taiwan, sources sayTaiwan says has not been told of any delay to that saleTrump scheduled to visit China, which opposes Taiwan arms sales TAIPEI, March 17 (Reuters) - Taiwan Defence Minister Wellington Koo on Tuesday said he believed the U.S.' interna...Reuters
Tue, Mar 17
Tennessee minors sue Musk's xAI, alleging Grok generated sexual images of them
By Mrinmay Dey March 16 (Reuters) - Three Tennessee plaintiffs, including two minors, sued Elon Musk's xAI on Monday, alleging that it knowingly designed its Grok image generator to let people create sexually explicit content by using real photos of others. The lawsuit, filed in the San J...Reuters
Tue, Mar 17
Alibaba launches new AI agent platform for enterprises
BEIJING, March 17 (Reuters) - Alibaba Group 9988.HK on Tuesday launched an AI platform for enterprises targeting automation, intensifying competition in China's rapidly evolving AI agent market following the OpenClaw craze that has gripped the country's tech sector.The platform, called Wukon...Reuters
Tue, Mar 17
PRESS DIGEST-Financial Times - March 17
March 17 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines- British Airways cancels Dubai flights until summer- Yale padlock maker axes new CEO before he starts- BBC seeks to have Donald ...Reuters
Tue, Mar 17
Taiwan says it has received no information from US on delay of second arms sale
US working on a second large arms sale to Taiwan, sources sayTaiwan says has not been told of any delay to that saleTrump scheduled to visit China, which opposes Taiwan arms sales TAIPEI, March 17 (Reuters) - Taiwan Defence Minister Wellington Koo on Tuesday said he believed the U.S.' int...Reuters
Tue, Mar 17
US federal jury convicts Assad-era Syrian official of torture
By Kanishka Singh and Mike Scarcella WASHINGTON, March 16 (Reuters) - A federal jury in Los Angeles convicted a former Syrian government official, who headed the Damascus Central Prison under the government of ousted Syrian President Bashar al-Assad, of torture, the U.S. Justice Department said o...Reuters
Tue, Mar 17
Palestinian protester Leqaa Kordia released from US immigration detention
Leqaa Kordia was detained in early 2025Kordia was hospitalized in February after seizure in detentionImmigration case against her will continueBy Kanishka Singh WASHINGTON, March 16 (Reuters) - A Palestinian woman was released on bond from a U.S. immigration detention center in Texas after a judg...Reuters
Tue, Mar 17
South Korea defence ministry says no formal request yet concerning sending troops to Hormuz
SEOUL, March 17 (Reuters) - South Korea's Defence ministry said on Tuesday that no formal request has yet been made to South Korea military concerning sending troops or naval ships to the Strait of Hormuz.Reuters
Tue, Mar 17
Drones, rockets fired at US embassy in Baghdad, security sources say
BAGHDAD, March 17 (Reuters) - Rockets and at least five drones were launched at the U.S. embassy in Baghdad early on Tuesday from areas around the city, Iraqi security sources said, describing the attack as the most intense since the start of the U.S.-Israel war with Iran.A Reuters witness saw at le...Reuters
Tue, Mar 17
SK Group Chairman Says Wafer Shortage to Last Until 2030, Trying to Stabilise Memory Prices
SAN JOSE, California, March 16 (Reuters) - South Korea's SK Group Chairman Chey Tae-won said on Monday the global chip wafer shortage is likely to persist until 2030, as demand driven by artificial intelligence continues to outpace supply.Reuters
Tue, Mar 17
Disney names ABC News Group's Debra OConnell as chairman of entertainment TV
March 16 (Reuters) - Walt Disney DIS.N named insider Debra OConnell as the chairman of Disney Entertainment Television on Monday, adding that she will oversee brands including ABC Entertainment, Disney Branded Television, Hulu Originals and National Geographic Content.The media giant unveiled the ne...Reuters
Tue, Mar 17
Soccer-New Zealand still preparing to take on Iran at World Cup, says coach
March 17 (Reuters) - New Zealand are continuing to prepare for a World Cup opener against Iran but will be ready to adjust if the Middle East nation does not take part, coach Darren Bazeley said.Iran's first match is against New Zealand on June 15 in Los Angeles. The Iranians are also grouped wi...Reuters
Tue, Mar 17
