China to begin banning export to US • Microsoft faces £1 billion lawsuit • South Korea stocks down, and more - Business Headlines Wednesday 04/December/2024

Business Headlines Wednesday 04/December/2024

• China to begin banning export of rare minerals to the United States
• Microsoft faces £1 billion lawsuit for overcharging rival cloud firms' customers
• South Korea stocks down around 2% as opposition prepares Yoon impeachment bill
• US imposes new sanctions on Iran’s ‘shadow fleet’ of oil tankers
• Trump says he will block Japanese firm's takeover of U.S. Steel
• Mastercard reaches agreement in UK to settle claims of overcharging on fees
• Apple says it uses Amazon's custom AI chips
• Cleaning company fined $171,000 after US investigators found children working "dangerous" overnight shifts at a meat processing plant in Iowa.
• Amazon India acquires Mumbai land worth ₹450 crore from Lodha Group

Source: News Agencies