Reuters exclusively uncovered that India is resisting pressure from foreign airlines to increase traffic rights, while encouraging domestic carriers to venture into long-haul flights. Additionally, Reuters reported on tensions brewing among foreign airlines prompted by Air India’s dramatic expansion.

The post Reuters exclusively reports that India resists calls for more air access in the drive to be a global aviation force appeared first on Reuters News Agency.

Sources exclusively revealed to Reuters that India plans to force smartphone makers to allow removal of pre-installed apps and mandate screening of major operating system updates under proposed new security rules. The plan for new rules, details of which have not been previously reported, could extend launch timelines in the world’s No.2 smartphone market and lead to losses in business from pre-installed apps for players including Samsung (005930.KS), Xiaomi (1810.HK), Vivo, and Apple (AAPL.O).

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Reuters exclusively reported that Britain approved a sharp increase in exports of submarine parts and technology last year to Taiwan as it upgrades its naval forces, a move that could impact British ties with China. The value of licences granted by the British government to companies for the export of submarine-related components and technology to Taiwan totalled a record 167 million pounds ($201.29 million) during the first nine months of last year, according to UK government export licensing data. That is more than the previous six years combined, a Reuters analysis of the data showed.

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Reuters exclusively reported that the Shenzhen Stock Exchange has sought help from an intelligence technology firm to detect fraud and vet listings as China adopts high-tech weaponry against crime and corruption in its bid to attract investors. 

The post <strong>Shenzhen bourse taps intelligence tech firm as China battles capital market fraud</strong> appeared first on Reuters News Agency.

Reuters exclusively reported that U.S. chipmaker Nvidia Corp’s plans to sell technology to China’s Huawei would be thwarted if the U.S. government proceeds with a proposal to further restrict shipments to the blacklisted company. The Biden administration has been considering limiting the items it authorizes U.S. companies to ship to Huawei, which was added to a U.S. trade blacklist in 2019 but which continues to receive billions in U.S. goods under a special plan implemented by the Trump administration. 

The post <strong>Nvidia’s plans for sales to Huawei imperiled if U.S. tightens Huawei curbs-draft </strong> appeared first on Reuters News Agency.

The post <strong>Analysis: As China ages, investors bet they can beat retirement home stigma</strong> appeared first on Reuters News Agency.

Reuters exclusively revealed that Nissan Motor Co’s (7201.T) new Ariya electric vehicle has been hampered by problems at its high-tech production line, slowing delivery of a car designed to put the automaker on the road to a comeback.  

The post <strong>Nissan’s electric comeback stalled by Ariya production woes </strong> appeared first on Reuters News Agency.

Sources exclusively revealed to Reuters that Sri Lanka is negotiating with India to extend a $1 billon credit line by a few months as the island nation tries to line up funds for the remainder of the year while the IMF looks prepared to approve a $2.9 billion loan. The extension talks come as the economy improves and forex reserves rise for Sri Lanka, where huge protests took place last year amid widespread shortages of essentials after the COVID-19 pandemic hurt tourism and remittances while exposing low tax revenues.

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