TAIPEI, March 13 (Reuters) - Taiwan's parliament on Friday authorised the government to sign U.S. agreements for four arms sales packages, after officials warned that Taipei would go to the back of the line if it missed the deadline. The back and forth on Taiwan's defence spending has provoked concern in the United States, as it is the most important...

* South Asia-Europe rates up 70% since start of Iran war - Freightos ( CRGO ) * More than 100 container ships blocked in Strait of Hormuz * Some Indian generic drugmakers switching from sea freight to air, industry expert says By Allison Lampert and Lisa Baertlein March 13 (Reuters) - Air freight rates have risen by as much as...

March 12 (Reuters) - TikTok's Chinese parent ByteDance is assembling computing power with top Nvidia ( NVDA ) chips outside China, the Wall Street Journal reported on Thursday. ByteDance is working with Southeast Asian firm Aolani Cloud to deploy about 500 Nvidia Blackwell computing systems in Malaysia, totaling roughly 36,000 B200 chips, the WSJ report said, citing people familiar with...

March 12 (Reuters) - Adobe's longtime CEO Shantanu Narayen will leave his role once a successor is appointed, the design software maker said on Thursday, sending its shares down over 7% in extended trading on renewed worries around its strategy as it grapples with AI disruption. Narayen's exit from the role comes after he served as the head of Adobe...