Financial

US appeals court upholds TikTok law forcing its sale

Entertainment & LifestyleGovernment

Reuters led by 58 seconds ^[1] in reporting that a U.S. federal appeals court had upheld a law requiring ByteDance to divest TikTok in the U.S. early next year or face a ban.

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China bans export of critical minerals to US as trade tensions escalate

CommoditiesEconomy

Reuters was more than two minutes ahead ^[1] of major rivals with news that China had banned exports to the United States of the critical minerals gallium, germanium and antimony, with immediate effect, a day after Washington’s latest

Worldline attracts early stage interest from private equity firms

Business & FinanceDeals

French payments group Worldline has attracted early stage takeover interest from private equity firms, as it grapples with a falling share price, profit warnings and leadership change, five people with knowledge of the matter told

Internal transactions at food giant ADM spark a sprawling criminal probe

Human Interest

ADM’s rattled shareholders are asking questions about the mounting accounting troubles – and they aren’t the only ones.

Building upon a criminal investigation first reported by Reuters ^[1] in February, federal prosecutors in recent months

Volkswagen India unit faces $1.4 billion tax evasion notice

AutomotiveBusiness & Finance

Reuters was first to report ^[1] that India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by “wilfully” paying lesser import tax on components for its Audi, VW and Skoda cars.

CFM juggles engine supply in boost to Airbus

Business & Finance

Jet engine maker CFM has agreed to divert some engines to Airbus to narrow a supply gap as the planemaker battles to hit end-of-year targets, three people familiar with the matter told Reuters ^[1].

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Wells Fargo asset cap likely to be lifted next year

Business & Finance

Wells Fargo is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing problems from its fake accounts scandal, three sources familiar with the situation told Reuters ^[1].

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