Mulled wine, Xmas vibes: Austrians enjoy day before lockdown – ABC News

They require people to stay home apart from basic reasons like getting groceries, going to the doctor and exercising. Christmas markets across central Vienna were packed Sunday with people eager to buy gifts and enjoy one last round of warm drinks and food. In an interview Sunday in the Kurier newspaper, Schallenberg said it’s “sad” […]

China fines tech giants over anti-monopoly violations – ABC News

The companies failed to report 43 acquisitions that occurred up to eight years ago under rules on “operating concentration,” according to the State Administration for Market Regulation. Beijing has launched anti-monopoly, data security and other crackdowns on tech companies since late 2020. Alibaba, the world’s biggest e-commerce company by sales volume, was fined $2.8 billion […]

Asia shares slip despite signs of optimism on global economy – ABC News

The ruling Liberal Democratic Party, which has ruled almost continuously for decades, is expected to continue to stay in power. Technology stocks, banks and a mix of companies that rely on consumer spending accounted for much of the gains. The Dow Jones Industrial Average rose 0.7% to 35,730.48, leaving it just shy of the all-time […]

Washington orders Chinese phone carrier out of US market – ABC News

is required to stop providing domestic interstate and international service in the United States within 60 days, under an order approved Tuesday by the Federal Communications Commission. The FCC said in 2019 that due to security concerns it planned to revoke licenses granted two decades earlier to China Telecom and another state-owned carrier, China Unicom […]