BEIJING (Reuters) – China opposes the U.S. Federal Communications Commission’s ban on new Chinese telecommunications equipment sales, the commerce ministry said on Thursday, vowing to adopt necessary measures to safeguard…
GOP Lawmakers Call For ‘Investigation’ Into Chinese Firm’s Potential Stake In Key Nevada Lithium Mine Jack McEvoy on November 30, 2022 Republican lawmakers are calling for a congressional investigation into…
(Reuters) – After the collapse of major cryptocurrency exchange FTX, the industry is bracing for further pain because of the exposure of many companies to FTX and its affiliated trading…
PARIS (Reuters) – The French government made excessive use of consultancy firms in the past and is now striving to correct that, Finance Minister Bruno Le Maire said on Sunday.…
(Reuters) – Hungary’s foreign minister said on Friday it has complained to the European Union alleging that Ukraine is making business harder for its companies such as drugmaker Richter because…
MADRID (Reuters) – An amended windfall tax proposal for Spanish banks and large energy companies cleared its first hurdle in parliament in the early hours of Friday with the backing…
MOSCOW (Reuters) – The Russian rouble strengthened on Wednesday ahead of three OFZ treasury bond auctions by the finance ministry, as the market awaited information on a price cap on…
By Martin Coulter LONDON (Reuters) – Put off by Elon Musk’s muscular management style? Move to us! That’s the pitch being used by talent-starved technology firms trying to lure thousands…
By Jorgelina do Rosario LONDON (Reuters) – The European Bank for Reconstruction and Development urged governments in its region to rethink COVID-19 support measures for companies, warning that propping up…
MOSCOW (Reuters) – Russian companies reduced their foreign currency loans by $7.4 billion last month and have also cut forex holdings on the accounts by $11.1 billion, the central bank…
By Andreas Rinke BERLIN (Reuters) – Germany’s foreign ministry plans to tighten the rules for companies deeply exposed to China, making them disclose more information and possibly conduct stress tests…
(Reuters) – After major crypto exchange FTX filed for U.S. bankruptcy protection on Friday, the crypto industry is bracing for further fallout. BlockFi and Genesis, two firms with exposure to…
By John O’Donnell and Balazs Koranyi FRANKFURT (Reuters) -Energy companies’ use of derivatives poses a wider financial risk, the European Central Bank said on Wednesday, cautioning that those firms could…
(Reuters) – Energy firms are using a chunk of their bumper quarterly profits from surging natural gas and fuel prices to reward shareholders with higher dividends and share buybacks. The…
By Samuel Shen and Scott Murdoch SHANGHAI/HONG KONG (Reuters) – Battery maker Sunwoda Electronics Co’s debut on the Swiss stock exchange on Monday shines a light on how Chinese firms…
BEIJING (Reuters) -China will extend loan repayment dates for small firms hit by COVID-19 and encourage financing institutions with government guarantees to continue offering credit support to those firms, according…
(Reuters) – The Russian rouble was trading higher on Monday, holding close to last week’s level of 60 against the U.S. dollar as domestic exporters prepared to buy roubles ahead…
(Reuters) – The rouble firmed to a five-week high of near 60 versus the dollar in early trade on Friday, as oil prices jumped from a two-week low and the…
By John O’Donnell and Christoph Steitz FRANKFURT (Reuters) -The European Central Bank is examining the use of derivatives by energy companies to make huge bets on future power and fuel…
Major Tech Firms Cut Jobs, Freeze Hiring Thanks To Fears Of Economic Downturn John Hugh DeMastri on November 3, 2022 Ridesharing app Lyft and payment processing startup Stripe informed their…
OTTAWA (Reuters) – Canada’s government ordered three foreign firms on Wednesday to divest their investments in Canadian critical minerals companies on grounds of national security. The three foreign firms ordered…
BERLIN (Reuters) -The energy crisis is impacting nearly every branch of the German economy, with the number of companies that see high energy costs due to the Ukraine war as…
BEIJING (Reuters) – Debt risks of some top real estate firms are prominent and risk control ability of some local financial institutions are weak, according to the chairman of China’s…
By Clare Jim HONG KONG (Reuters) – Auditors of at least 14 Hong Kong-listed Chinese property firms have exited this year, securities filings showed, raising governance concerns about the debt-ridden…
MIAMI – Julianna Clare Strout, 36, has been convicted of lying to get into a federal immigration detention center in Miami to see her romantic partner. Strout has served as…