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PRESS DIGEST - Wall Street Journal - Jan 2
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PRESS DIGEST - Wall Street Journal - Jan 2

- Following are the top stories in the Wall Street Journal. Reuters has verified these stories and does vouch for their accuracy.


- China Evergrande New Energy Vehicle 0708.HK said an agreement for Dubai-based automaker NWTN NWTN.O to subscribe to its shares has expired, raising fresh doubts about a potential cash injection for the Chinese electric vehicle manufacturer.


- Baidu 9888.HK has called off a $3.6 billion deal to buy Nasdaq-listed JOYY's video-based entertainment live-streaming business in China, the company said in a filing.


- Netherlands has blocked chip-equipment manufacturer ASML's ASML.AS exports to China of some lithography systems, which are essential to making advanced microprocessors, in a partial license revocation following U.S. export restrictions.


- U.S. antitrust cases against tech giants Google GOOGL.O and Meta Platforms META.O are expected to come to a head in 2024, likely producing long-awaited rulings that could shape the legacies of top Biden administration regulators.


(Compiled by Bengaluru )

((globalnewsmonitoring@thomsonreuters.com))

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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