By Emma Farge GENEVA (Reuters) – China accused Washington on Wednesday of using subsidies to prop up national industries and refusing to abide by the rules of the World Trade …
Reuters
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(Reuters) – Facebook parent Meta Platforms Inc implemented more recommendations from its oversight board in the third quarter than the second, the independent body said on Wednesday. The oversight board …
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US and World News
South Sudan violence has killed 166 civilians, displaced over 20,000 – U.N
by Reutersby ReutersJUBA (Reuters) – Violence in South Sudan’s Upper Nile state has killed 166 civilians and displaced more than 20,000 since August amid an escalation in clashes between armed groups, the …
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US and World News
Analysis-Protecting 30% of the planet to save nature is not as simple as it sounds
by Reutersby ReutersBy Gloria Dickie MONTREAL (Reuters) – From the lush Amazon rainforest to the frigid Arctic Ocean, the world’s landscapes — and all the wildlife they contain — are under threat, …
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(Reuters) – Futures for Canada’s main stock index were flat on Wednesday, mirroring tepid risk appetite in U.S. peers, as investors remained on the sidelines ahead of the Federal Reserve’s …
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Business News
China financial futures exchange adjusts rules for new option product
by Reutersby ReutersSHANGHAI (Reuters) – The China Financial Futures Exchange on Wednesday tweaked its trading limit rules to add a new product that will debut on Monday. The options based on the …
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By Philip Blenkinsop BRUSSELS (Reuters) – European Commission President Ursula von der Leyen proposed to EU leaders on Wednesday a loosening of state aid rules in renewable energy and clean-tech …
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Business News
China central bank sets out draft controls over financial infrastructure
by Reutersby ReutersBEIJING (Reuters) -China’s central bank issued draft rules on Wednesday on supervising and managing financial infrastructure, in a move it said would push finance groups to better serve the real …
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Business News
EU agrees €20 billion boost for energy funding to quit Russian gas
by Reutersby ReutersBy Kate Abnett BRUSSELS (Reuters) – The European Union will raise an extra 20 billion euros from its carbon market for investments to help end more swiftly the bloc’s reliance …
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Business News
Germany not facing gas emergency but more savings needed -regulator
by Reutersby ReutersFRANKFURT (Reuters) – Germany is currently not at risk of a gas emergency that would include rationing, the head of its energy regulator said, but he said that households and …
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Business News
Muddy Waters says it is shorting bonds of real estate firm Vivion
by Reutersby ReutersBy Nell Mackenzie LONDON (Reuters) – Hedge fund Muddy Waters is shorting the bonds of Luxembourg-based real estate investment company Vivion Investments, it said in a report published on its …
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Business News
France not expected to be net importer of electricity in 2023-RTE – Reuters
by Reutersby ReutersPARIS (Reuters) – France is not expected to be a net importer of electricity next year, an executive at the RTE national grid operator said on Wednesday. (Reporting by Benjamin …
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FRANKFURT (Reuters) – Germany’s top regulator this week called for global regulation of the cryptocurrency industry to protect consumers, prevent money laundering and preserve financial stability. Mark Branson, the president …
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US and World News
‘Magnitsky’ dirty Russian money laundering suspect arrested in Spain
by Reutersby ReutersMADRID (Reuters) – A woman has been arrested as part of a probe into a crime gang suspected of laundering dirty money linked to the 219 million euro ($233 million) …
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Business News
Energy politics cloud Mexican bid to join U.S. semiconductor rush
by Reutersby ReutersBy Dave Graham MEXICO CITY (Reuters) – Mexico’s hopes of reaping an investment windfall from a U.S. drive to boost North American semiconductor production risk foundering on companies’ concerns over …
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WASHINGTON (Reuters) – Republican Senator Marco Rubio on Tuesday announced bipartisan legislation to ban China’s popular social media app TikTok, ratcheting up pressure on owner ByteDance Ltd amid U.S. fears …
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A look at the day ahead in U.S. and global markets from Mike Dolan. The U.S. Federal Reserve’s toughest task on Wednesday would be to convince markets it won’t be …
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By Sarah Young and Ilona Wissenbach LONDON (Reuters) -TUI, the world’s largest holiday company, said it planned to repay COVID-19 support through a capital raising next year after a strong …
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Business News
Germany plans record debt issuance in 2023 as energy crisis bites
by Reutersby ReutersBERLIN (Reuters) – Germany plans record debt issuance of more than 500 billion euros ($533 billion) next year to fund costs associated with the energy crisis and the fallout from …
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Business News
Musk’s banks to book Twitter loan losses, avoid big hits -sources
by Reutersby ReutersBy Lananh Nguyen, Saeed Azhar and Shankar Ramakrishnan NEW YORK (Reuters) -Some of the banks that lent Elon Musk $13 billion to buy Twitter are preparing to book losses on …
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Business News
Peru eyes spending in protest zones, but fiscal goals ‘non-negotiable’ -minister
by Reutersby ReutersBy Marco Aquino LIMA (Reuters) -Peru’s new government is looking at economic stimulus measures for regions being roiled by protests after the ouster of leftist leader Pedro Castillo, but will …
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US and World News
Gun-loving Bolsonaristas challenge Lula’s pledge to disarm Brazil
by Reutersby ReutersBy Gabriel Stargardter COMENDADOR LEVY GASPARIAN, Brazil (Reuters) – When four federal police officers came to arrest Roberto Jefferson, a close ally of Brazilian President Jair Bolsonaro, the veteran politician …
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MILAN (Reuters) – Italian energy group Eni is studying the possibility of developing and operating a biorefinery in Malaysia together with Japan’s Euglena and Malaysia’s Petroliam Nasional Berhad (Petronas), the …
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SHANGHAI (Reuters) – Chinese dealers that sell China-made Jeep cars are asking Stellantis for millions of dollars in compensation after the automaker stopped producing the brand in China, according to …
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US and World News
Hong Kong democracy activist wins appeal on Tiananmen vigil assembly
by Reutersby ReutersBy Jessie Pang HONG KONG (Reuters) – Democracy activist and barrister Chow Hang-tung won an appeal on Wednesday against her conviction and sentence over a “banned” candlelight vigil in Hong …