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Microsoft, Activision ask judge for speedy schedule in FTC challenge

WASHINGTON (Reuters) - Microsoft and Activision Blizzard asked a U.S. judge on Wednesday to quickly schedule a case management conference in the Federal Trade Commission's legal bid to block the companies from completing a $69 billion tie-up. U.S. District Judge Edward Davila on Tuesday set a June 22-23 evidentiary hearing and temporarily blocked the parties from completing the deal pending a

Exclusive-Pakistan paid in Chinese currency for discounted Russian oil

By Ariba Shahid and Asif Shahzad ISLAMABAD (Reuters) -Pakistan paid for its first government-to-government import of discounted Russian crude oil in Chinese currency, the South Asian country's petroleum minister said on Monday, a significant shift in its U.S. dollar-dominated export payments policy. Discounted crude offers a respite as Pakistan faces an economic crisis with an acute balance of

Fewer people trust traditional media, more turn to TikTok for news, report says

By Helen Coster NEW YORK (Reuters) - The number of people globally who initially access news through a website or app has dropped by 10 points since 2018, and younger groups prefer to access news through social media, search or mobile aggregators, according to a report released on Tuesday. Audiences pay more attention to celebrities, influencers, and social media personalities than journalists

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