Exclusive: Twitter exec says to move fast with moderation as malicious content increases

Dec 2 (Reuters) – Elon Musk’s Twitter is leaning heavily on automation to moderate content, doing away with certain manual reviews and favoring distribution restrictions rather than removing certain speech outright, the new head of trust and security told Reuters. Twitter is also more aggressively restricting abusive hashtags and search results on topics such as … Read more

China real estate sector soars with fundraising support, but COVID protests cloud outlook

HONG KONG, Nov 29 (Reuters) – Shares and bonds of Chinese property developers surged on Tuesday after regulators lifted a ban on stock refinancing for listed companies, the latest bailout for a cash-stricken sector that has been a key pillar of the worldwide No. 2 economy. The move will make it easier for developers to … Read more

Black Friday faces green backlash in Belgium

GHENT, Belgium, Nov 25 (Reuters) – Black Friday deals have sparked a backlash in Belgium, with some companies turning down promotions and choosing to close for the day or even offering to repair used clothes for free. In the clothing store Xandres, in Flemish Ghent, a sign hung on the window: “Green Friday – closed … Read more

Amazon employees protest on some German, French sites on Black Friday

Actions part of global call by Make Amazon Pay initiative Demonstration calls for better pay Amazon says no disruption to operations BERLIN/PARIS, Nov 25 (Reuters) – Some employees at Amazon (AMZN.O) branches in Germany and France took down tools on Black Friday as part of a global move to target the online retailer on one … Read more

Adidas launches investigation into allegations of misconduct against Kanye West

Nov 24 (Reuters) – Adidas AG (ADSGn.DE) said on Thursday it has launched an investigation into allegations of inappropriate behavior by Kanye West after the German sporting goods manufacturer ended its partnership with the rapper and fashion designer last month. Adidas said it initiated the investigation after receiving an anonymous letter containing several allegations against … Read more

NY Fed: Bank liquidity may be tighter than thought, with policy implications

Nov 18 (Reuters) – The way the banking system manages its cash suggests the financial system may not be as good as many now understand, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a paper says of the The Federal Reserve Bank of New York said … Read more

Exclusive: US Blocks More Than 1,000 Solar Shipments Over Chinese Slave Labor Concerns

Nov. 11 (Reuters) – More than 1,000 shipments of solar components worth hundreds of millions of dollars have piled up in U.S. ports since June under a new law banning imports from China’s Xinjiang region over slave labor concerns, according to federal customs officials and sources from the industry. The previously unreported number of seizures … Read more

EXCLUSIVE COP27: IMF chief says $75/tonne carbon price needed by 2030

SHARM EL-SHEIKH, Egypt, Nov. 7 (Reuters) – The price of carbon must average at least $75 per tonne globally by the end of the decade for global climate goals to succeed, the head of the International Monetary Fund told Reuters. On the sidelines of the COP27 climate talks in the Egyptian resort of Sharm el-Sheikh, … Read more

Analysis: Runaway Prices Have Central Europe Confused

Region struggles with inflation of almost 20% Surveys show continued high inflation expectations Various government moves dent central bank tightening Some economists say high inflation could be permanent BUDAPEST/WARSAW, Nov 7 (Reuters) – While inflation in Western Europe is expected to be largely tamed within a year, there is growing sentiment that runaway prices in … Read more

The fate of Toshiba management is a source of friction for bidders and banks

TOKYO, Nov. 6 (Reuters) – Disagreements over whether to keep Toshiba Corp. (6502.T) management after a possible takeover caused friction between two of its suitors and is now raising concerns among banks, sources said. complicated the already uncertain process. Japan Industrial Partners, the private equity firm that has since been selected by Toshiba as the … Read more