30 December

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$600 Pandemic Relief Payments Are Being Sent to Bank Accounts

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(Bloomberg) -- The Internal Revenue Service began sending $600 stimulus payments to eligible Americans’ bank accounts on Tuesday evening and will continue processing the transfers into next week, according to a statement from the agency. The IRS and Treasury Department will start mailing paper checks on Wednesday. The $600 payments will go to many low- and middle- income adults. Dependent children ages 16...

30 December

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S.Korea holds final hearing in Samsung leader Jay Y. Lee’s graft trial

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By Joyce Lee SEOUL (Reuters) - The final hearing of a trial that will decide whether Samsung Electronics (LON:0593xq) Co Ltd Vice Chairman Jay Y. Lee returns to jail for alleged bribery began in a Seoul court on Wednesday. The heir of one of South Korea's most powerful families was convicted of bribing an associate of former President Park Geun-hye and jailed...

30 December

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China sentences HK activists to up to 3 years in jail for border crossing

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BEIJING (Reuters) - A Chinese court sentenced 10 Hong Kong activists who had been detained after fleeing Hong Kong by boat to between seven months and three years for an illegal border crossing, a court in the southern city of Shenzhen said on Wednesday. The court said that the two who organised the crossing were sentenced to three years and two years,...

30 December

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FTSE Russell could delete more Chinese companies after U.S. bolsters executive order

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SHANGHAI (Reuters) - Global index publisher FTSE Russell said it may delete more Chinese companies from its global benchmarks, after the Trump administration on Monday strengthened an executive order barring U.S. investment in Chinese firms with alleged military backing. The U.S. Treasury Department on Monday published guidance clarifying that the executive order, released in November, would apply to investors in exchange-traded funds...

30 December

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Exclusive: Chile could greenlight AstraZeneca vaccine ‘within days of U.S./UK approval, government says

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By Aislinn Laing SANTIAGO (Reuters) - AstraZeneca has filed data with Chilean regulators for the emergency roll-out of its COVID-19 vaccine in the country and could get a green light "weeks or even days" after approval by European or American regulators, the government's point person for vaccine procurement told Reuters. The UK-based company has been conducting late-stage trials of its vaccine,...

30 December

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Asian shares pause recent rally, euro near 2-1/2-year high

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NEW YORK (Reuters) - Asian shares retreated on Wednesday as investors cashed in on a recent rally, while the euro flirted with highs not seen in more than 2-1/2 years on as hopes of a gradual global economic recovery supported demand for riskier currencies. Australian shares lost 0.79% while Japan's Nikkei share average lost 0.03% after jumping to a 30-year high on...

30 December

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AstraZeneca vaccine not ready for quick European approval, watchdog official says

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AMSTERDAM (Reuters) - The European Medicines Authority (EMA) will most likely not be able to approve the COVID-19 vaccine developed by drug maker AstraZeneca and the University of Oxford in January, the watchdog's Deputy Executive Director Noel Wathion said. "They have not even filed an application with us yet", Wathion said in an interview with Belgian newspaper Het Nieuwsblad published on Tuesday....

30 December

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PM Johnson approves placing more of the country in tier 4 virus restrictions – The Times

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(Reuters) - British Prime Minister Boris Johnson has approved placing further swathes of the country into tier 4 restrictions as the government becomes increasingly alarmed by the speed at which a new variant of the virus was spreading, The Times reported. Ministers were considering imposing the toughest measures on parts of the southwest and Cumbria, where the new variant also appears to...

30 December

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Searchlight, ForgeLight complete majority stake purchase of Univision

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MEXICO CITY (Reuters) - Searchlight Capital Partners and ForgeLight have completed their majority stake purchase of Univision, the largest Spanish-language U.S. broadcaster, while Mexico's Televisa maintains its minority stake, Univision said on Tuesday. Searchlight and ForgeLight acquired 64% of the company from an investor group including Madison Dearborn Partners, Providence Equity Partners, TPG, Thomas H. Lee Partners and Saban Capital Group, Univision...

30 December

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Apple loses copyright claims in lawsuit against U.S. security bug startup

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By Jonathan Stempel (Reuters) - A federal judge in Florida on Tuesday dismissed Apple Inc (NASDAQ:AAPL)'s copyright infringement claims against a Florida startup whose software helps security researchers find vulnerabilities in Apple products including the iPhone. U.S. District Judge Rodney Smith ruled in favor of Corellium LLC, saying its software emulating the iOS operating system that runs on the iPhone and iPad...

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News

$600 Pandemic Relief Payments Are Being Sent to Bank Accounts

S.Korea holds final hearing in Samsung leader Jay Y. Lee’s graft trial

China sentences HK activists to up to 3 years in jail for border crossing

FTSE Russell could delete more Chinese companies after U.S. bolsters executive order

Exclusive: Chile could greenlight AstraZeneca vaccine ‘within days of U.S./UK approval, government says

Asian shares pause recent rally, euro near 2-1/2-year high

AstraZeneca vaccine not ready for quick European approval, watchdog official says

PM Johnson approves placing more of the country in tier 4 virus restrictions – The Times

Searchlight, ForgeLight complete majority stake purchase of Univision

Apple loses copyright claims in lawsuit against U.S. security bug startup

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