(Reuters) – The U.S. Securities and Exchange Commission is investigating private equity firm One Equity over communications with investors, the Wall Street Journal reported on Tuesday, citing pe[...]
Read more
July 18, 2023
Canada defends digital taxes but sees path for global deal
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada on Tuesday defended its decision to push ahead with its implementation of digital services taxes starting next year, citing national interes[...]
Read more
South Korea to hike minimum wage by 2.5% in 2024, smallest in three years
SEOUL (Reuters) – South Korea has decided to raise the minimum wage by a three-year low of 2.5% in 2024, its Minimum Wage Commission said on Wednesday, amid slowing growth and high inflation. Th[...]
Read more
US opens special probe into fatal Tesla crash
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators are opening a special crash investigation into a fatal accident in California involving a 2018 Tesla Model 3 suspected of relying[...]
Read more
Biden creates new competition role on National Economic Council
By Andrea Shalal WASHINGTON (Reuters) -President Joe Biden has created a new role on the National Economic Council (NEC) to tackle anticompetitive business practices, naming NEC member Hannah Garden-M[...]
Read more
Brazil eyes taxes on shareholder payouts, closed-end funds to balance 2024 budget -sources
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s government is considering changes to the taxation of closed-end funds and shareholder payouts in order to shore up revenue[...]
Read more
Colombian tycoon makes offer for Exito stake held by Brazil’s GPA
(Reuters) – Brazilian retailer GPA announced it received a new offer from Colombian billionaire Jaime Gilinsky to buy part of GPA’s stake in its Colombian subsidiary Almacenes Exito, GPA s[...]
Read more
Marketmind: Gap between Asia and world markets widens
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Whatever is driving Wall Street higher – the finishing line of the[...]
Read more
Exclusive-American Airlines pilot deal in ‘jeopardy’ after United’s contract agreement -union memo
By Rajesh Kumar Singh CHICAGO (Reuters) -American Airlines’ pilot union has warned that the ratification of the company’s new contract deal is in “jeopardy” as United Airlines[...]
Read more