Economic News
- Reuters
BEIJING (Reuters) -China will set up a national financial regulatory administration, according to a plan announced on Tuesday, in the biggest overhaul of the country’s financial supervisory apparatus in years.
- Reuters
LISBON (Reuters) – Brazilian police and the Portuguese branch of Interpol have dismantled a criminal network operating a sham company in Lisbon that defrauded thousands of Brazilians in a scheme inspired by the film “The Wolf of Wall Street”.
- Reuters
By Echo Wang and Lance Tupper NEW YORK (Reuters) – Sales of shares in publicly listed U.S. companies had their strongest showing last week in more than a year, as companies and some of their shareholders, such as private equity firms, capitalized on the risk appetite
- Reuters
By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators on Tuesday raided several companies and an association in the fragrance sector in some European Union countries on concerns of possible collusion in the supply of fragrances and fragrance ingredients in breach of the bloc’s rules against cartels.
- Reuters
(Reuters) – Intercontinental Exchange Inc (ICE) and Black Knight Inc on Tuesday agreed to sell one of the mortgage data vendor’s unit to quell antitrust concerns, but said they would take the battle to court to save the deal, if necessary.
- Reuters
By Josie Kao (Reuters) – As the world gears up to celebrate International Women’s Day (IWD) on Wednesday, here is a look at what the global event stands for, this year’s theme and the issues that activists are focusing on.
- Reuters
By Steve Scherer OTTAWA (Reuters) – Canada will boost investments in the green transition in this year’s budget to compete with massive U.S. incentives, but the aim is to claim a portion of the growing clean-tech industry, not to go head-to-head with the world’s biggest economy,
- Reuters
ZURICH (Reuters) – The Swiss National Bank cannot rule out that it will have to raise interest rates again to bring inflation under control, Chairman Thomas Jordan said on Tuesday.
- Reuters
By Marianna Parraga HOUSTON (Reuters) – The U.S. government is not planning a systematic easing of sanctions on Venezuela after an initial round allowed partners of state-run oil firm PDVSA to resume taking oil for past debts, a State Department official said.
- Reuters
By Nandita Bose and Lisa Baertlein WASHINGTON (Reuters) – Engineering company Siemens AG will announce on Tuesday it is investing over $220 million to build a rail car manufacturing facility in North Carolina, the White House and Siemens said.
- Reuters
By Michael S. Derby NEW YORK (Reuters) – The United States risks long-term damage if Congress does not raise the national debt ceiling, Federal Reserve Chair Jerome Powell said on Tuesday.
- Reuters
WASHINGTON (Reuters) – U.S. President Joe Biden thanked the sultan of Oman on Tuesday for the country’s support of a UN-mediated truce in Yemen and for its decision to open its airspace to all civilian aircraft, including those flying to and from Israel, the White House
- Reuters
MEXICO CITY (Reuters) – Mexico’s inflation likely slowed in February but still remained well above the official target, fueling expectations the central bank will raise its key rate again in its next monetary policy announcement at the end of March.
- Reuters
By Federico Maccioni MILAN (Reuters) – Italy’s celebrations of International Women’s Day on Wednesday risk being spoiled by a drought that has slashed production of the yellow mimosa flowers that are traditionally gifted for the occasion.
- Reuters
By Andrew MacAskill LONDON (Reuters) – Britain’s government will announce on Tuesday plans for a new law barring those entering the country through unofficial routes from claiming asylum, in a bid to stop tens of thousands of migrants arriving on its shores in small boats.
- Reuters
LONDON (Reuters) – A consortium of Blackstone and Thomson Reuters, the publisher of Reuters News, on Tuesday launched a sale of 23 million shares in the London Stock Exchange Group, according to a term sheet seen by Reuters.
- Reuters
(Reuters) – The $3.8 billion merger between JetBlue Airways Corp and Spirit Airlines Inc is in the crosshairs of the U.S. Justice Department, making it the latest major deal to attract tough regulatory scrutiny.
- Reuters
WASHINGTON (Reuters) – The U.S. Treasury Department said on Tuesday it approved $185.8 million in American Rescue Plan funds for broadband infrastructure projects in South Carolina expected to connect about 31,650 homes to affordable, high-speed internet.
- Reuters
By Luis Jaime Acosta BOGOTA (Reuters) – The human rights ombudsmen of Colombia and Ecuador on Tuesday launched a joint alert system to prevent abuses by illegal armed groups from affecting Awa Indigenous communities that live along the countries’ shared border.
- Reuters
KYIV (Reuters) – A senior aide to Ukrainian President Volodymyr Zelenskiy said on Tuesday that Kyiv was “absolutely not involved” in last year’s attacks on the Nord Stream pipelines and has no information about what happened.