Mexican executives brace for economic stagnation as Trump returns, poll shows
By Aida Pelaez-Fernandez MEXICO CITY (Reuters) – A majority of business executives in Mexico see the country’s economy stagnating in 2025 amid uncertainty around changes in government in the U.S. and Mexico as well as global geopolitical and trade conflicts,…
Mother of woman killed in Eaton Fire sues California utility
By Laila Kearney NEW YORK (Reuters) -The mother of a woman who was killed the Los Angeles-area Eaton (NYSE:ETN) Fire on Friday sued Southern California Edison in what may be the first death-related case brought against the electric utility in…
‘Genshin Impact’ publisher settles US charges of violating children’s privacy
By Kanishka Singh WASHINGTON (Reuters) – Cognosphere, the publisher of anime-style fantasy video game “Genshin Impact,” has agreed to pay $20 million to settle U.S. Federal Trade Commission allegations that the company violated a children’s privacy law. It will also…
EV startup Canoo files for bankruptcy, to cease operations
(Reuters) – Canoo said on Friday it would file for Chapter 7 bankruptcy and cease operations, effective immediately. The EV startup has been dealing with rapid cash burn and has struggled to raise additional funding amid uncertain demand for its…
BoE delays Basel bank capital rules by one year
LONDON (Reuters) – The Bank of England said on Friday it would delay the implementation of tougher bank capital requirements by one year until January 2027, amid an aggressive pushback against the stricter global standards in the United States. The…
China denies requiring companies, individuals to give data in unlawful manner
BEIJING (Reuters) – The Chinese government “has never and will never” require companies or individuals to collect data for or provide data to it in a way that violates the law, China’s foreign ministry said on Friday. The ministry spoksperson…