By Katherine Masters NEW YORK (Reuters) – A bipartisan group of U.S. lawmakers planned to introduce a bill on Wednesday to eliminate a tariff exemption widely used by e-commerce sellers to send[...]
Read more
Politics
German econ ministry sees moderate economic recovery in 2023
BERLIN (Reuters) – The German Economy Ministry said on Wednesday it expects a moderate economic recovery over the further course of year, citing easing price pressures in the global energy marke[...]
Read more
EU’s Vestager to hold news conference, focus expected on Alphabet’s Google
BRUSSELS (Reuters) – EU antitrust chief Margrethe Vestager will hold a news conference on an antitrust case at 1045 GMT, the European Commission said on Wednesday without providing details. Vest[...]
Read more
Low-tax Switzerland votes on global minimum corporate tax rate
By John Revill ZURICH (Reuters) – Swiss citizens vote this weekend on whether to raise business tax to 15% from an average of 11% to align with a global minimum tax rate, although even with the[...]
Read more
US consumer watchdog defends credit card ‘junk fee’ proposal
(Reuters) – The top U.S. consumer watchdog on Tuesday defended a proposal to limit late fees charged on credit card balances, a move that has faced fierce opposition from the banking industry. I[...]
Read more
Appetite grows for mergers and acquisitions in Latin America: study
By Aida Pelaez-Fernandez MEXICO CITY (Reuters) – Latin America is increasingly seen as an attractive market for mergers and acquisitions (M&A), with the ongoing U.S.-China trade spat helping[...]
Read more
World Bank’s new chief Banga to sharpen focus on projects with measurable impact
By David Lawder LIMA (Reuters) – World Bank President Ajay Banga wants the lender to focus on more “scalable, replicable” projects across Latin America and elsewhere for transport an[...]
Read more
Fossil fuel company net zero plans “largely meaningless” – report
(Adds link to report, fixes typographical error) By Gloria Dickie and Simon Jessop LONDON (Reuters) – The number of fossil fuel companies setting net-zero emissions targets has risen sharply ove[...]
Read more
Russia’s VTB may pull out of running for Yandex stake – CEO Kostin
MOSCOW (Reuters) -Russian state-owned lender VTB may pull out of the running to acquire a stake in internet giant Yandex, the bank’s CEO, Andrei Kostin, told Reuters, as discussions are now cent[...]
Read more