Taiwan’s Fair Trade Commission (FTC) has reportedly blocked Uber Technologies, Inc. ( UBER ) $950 million acquisition of Delivery Hero’s Foodpanda business due to anti-competitive concerns. The merger, which was initially announced in May 2023, would have significantly increased Uber Eats’ dominance in Taiwan’s food delivery market, giving the combined company over 90% of the market share, Reuters reports. The...

Dec 25 (Reuters) - Kansas City tight end Travis Kelce got everything on his Christmas wish list on Wednesday, as the nine-times Pro Bowler hauled in a franchise record 77th receiving touchdown in the Chiefs' confident 29-10 win over the Pittsburgh Steelers. The defending Super Bowl champions took the lead immediately in front of a hostile away crowd and never...

MOSCOW (Reuters) - Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday. Sanctions have complicated Russia's trade with its major partners such as China or Turkey, as local banks are extremely cautious with Russia-related transactions to...

BEIJING (Reuters) -China's commerce ministry said on Wednesday it would extend its anti-dumping investigation into brandy originating from the European Union by three months, less than the full extension allowed under its previous guidance. The probe, which was launched on Jan. 5 and due to be completed in a year, will be extended to April 5 due to the complexity...