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Tag:

firms,

  • Financial News

    China’s draft cybersecurity rules pose risks for financial firms, lobby group warns

    by Reuters June 2, 2022
    by Reuters June 2, 2022

    By Selena Li HONG KONG – China’s proposed cybersecurity rules for financial firms could pose risks to operations of western companies by making their data vulnerable to hacking, among other …

  • Financial News

    China to take necessary measures to protect domestic firms from U.S. blacklist – Commerce Ministry

    by Reuters June 2, 2022
    by Reuters June 2, 2022

    BEIJING – China’s commerce ministry said on Thursday it will adopt necessary measures to protect the legitimate interests of Chinese companies after the U.S. said it was considering adding new …

  • Financial News

    Japan price pressures mount as firms ditch ‘deflation’ model, says BOJ official

    by Reuters June 2, 2022
    by Reuters June 2, 2022

    By Leika Kihara TOKYO -Japan may see inflationary pressure build as more companies shift away from a business model that worked under a prolonged period of deflation, Bank of Japan …

  • Financial News

    Firms in India’s ancient shoe capital squeezed by costs, fading demand

    by Reuters June 1, 2022
    by Reuters June 1, 2022

    By Manoj Kumar AGRA, India – In his small shoe factory in the Indian city of Agra, Rajesh Kumar, his two brothers and three workers have been sitting idle for …

  • Financial News

    Exclusive-Russian oil firms to reopen wells in June banking on demand rally, sources say

    by Reuters May 31, 2022
    by Reuters May 31, 2022

    (Reuters) – Russian oil companies led by Rosneft plan to re-open wells in June which they had shut due to Western sanctions, four sources said, as firms bank on a …

  • Financial News

    UK audit shake-up targets big firms after spate of corporate failures

    by Reuters May 30, 2022
    by Reuters May 30, 2022

    By Huw Jones LONDON – Britain set out sweeping reforms of big company audits on Tuesday after high-profile collapses at builder Carillion and retailer BHS in recent years hit thousands …

  • Financial News

    China central bank urges more lending to small firms amid COVID shocks

    by Reuters May 25, 2022
    by Reuters May 25, 2022

    BEIJING -China’s central bank said on Thursday it would promote more credit for smaller firms and boost financial institutions’ confidence to lend funds, as policymakers struggle to get the COVID-stricken …

  • Financial News

    Rouble firms to 4-yr high vs dollar as Russian debt payment licence expires

    by Reuters May 25, 2022
    by Reuters May 25, 2022

    (Reuters) – The Russian rouble firmed past 56 against the dollar on Wednesday for the first time since 2018, and touched a seven-year high against the euro as export-focused companies …

  • Financial News

    Goldman Sachs expects one third of HY China property firms to default in 2022

    by Reuters May 20, 2022
    by Reuters May 20, 2022

    LONDON – Goldman Sachs said on Friday it now expects around one third of high-yield China property firms to default in 2022, with stresses on bonds increasingly emerging through maturity …

  • Financial News

    Inflation crimps Indian firms as rural millions cut spending

    by Reuters May 20, 2022
    by Reuters May 20, 2022

    By Krishna N. Das and Aftab Ahmed NEW DELHI – Surging inflation is forcing many poor Indians to rein in spending, threatening a slowdown for companies such as Godrej Appliances …

  • Top HeadlinesUS and World News

    Tech firms ask U.S. Supreme Court to block Texas social media law

    by Reuters May 13, 2022
    by Reuters May 13, 2022

    WASHINGTON – Lobbying groups representing Facebook, Twitter, Google and other tech companies filed an emergency request with the U.S. Supreme Court on Friday, seeking to block a Texas law that …

  • Financial News

    Top Wall Street firms, Ford to disclose directors’ race and gender

    by Reuters May 12, 2022
    by Reuters May 12, 2022

    By Ross Kerber (Reuters) – Four top Wall Street firms and Ford Motor Co will start to disclose the race and gender of individual directors under deals reached with New …

  • Financial News

    Moscow lawyers target more cases against Western firms that leave Russia

    by Reuters May 12, 2022
    by Reuters May 12, 2022

    (Reuters) – A Moscow law firm that has filed cases against Apple and Netflix over what it says are consumer rights violations is aiming to “punish” other Western companies that …

  • Financial News

    Canada banks face ‘greenwashing’ claims as oil & gas firms obtain sustainable financing

    by Reuters May 12, 2022
    by Reuters May 12, 2022

    By Nichola Saminather TORONTO – For banks in Canada, one of the world’s largest oil producers, it’s not easy being green. In the past two years, Canadian banks have increased …

  • Financial News

    Financial firms face $225 billion in water-related losses, analysis estimates

    by Reuters May 4, 2022
    by Reuters May 4, 2022

    By Simon Jessop and Tommy Wilkes LONDON – Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing nothing to …

  • Financial News

    Brazil to raise tax on net income of banks, financial firms

    by Reuters April 29, 2022
    by Reuters April 29, 2022

    SAO PAULO – Brazil’s government will increase taxes on banks and financial institutions on Thursday, the official gazette showed, in a bid to fund a new debt renegotiation program for …

  • Financial News

    China says U.S. cutting tariffs on Chinese goods would be in interest of U.S. firms, consumers

    by Reuters April 28, 2022
    by Reuters April 28, 2022

    BEIJING – China’s Commerce Ministry said on Thursday that if Washington cut tariffs on Chinese goods, it would be in the interests of U.S. firms and consumers. Gao Feng, ministry …

  • Financial News

    Crypto firms seek clearer U.S. rules on their interest-bearing products

    by Reuters April 27, 2022
    by Reuters April 27, 2022

    By Hannah Lang (Reuters) – Cryptocurrency companies said they remain unsure of U.S. regulations governing products that allow customers to earn interest on holdings instead of trading them, months after …

  • Financial News

    France gives leeway on food labels as firms switch from sunflower oil

    by Reuters April 26, 2022
    by Reuters April 26, 2022

    PARIS – France will give food companies up to six months to change product labels to reflect recipe changes if they replace sunflower oil, supplies of which have been strained …

  • Financial News

    Poland sanctions Gazprom among 50 Russian firms and oligarchs

    by Reuters April 26, 2022
    by Reuters April 26, 2022

    WARSAW -Poland is imposing sanctions on 50 Russian oligarchs and companies, the interior minister said on Tuesday, as it seeks to increase pressure on Moscow over its invasion of Ukraine.Poland …

  • Financial News

    Vaccines company Valneva secures new financing with U.S firms Deerfield and OrbiMed

    by Reuters April 26, 2022
    by Reuters April 26, 2022

    PARIS – French vaccines company Valneva, which is aiming to get European approval for its COVID-19 vaccine product, said it had secured new financing with U.S.-based healthcare investment firms Deerfield …

  • Financial News

    Proxy advisory firms urge Ventas investors to reject activist’s bid for board seat

    by Reuters April 20, 2022
    by Reuters April 20, 2022

    BOSTON – Proxy advisory firms Glass Lewis and Institutional Shareholders Services urged investors in healthcare real estate trust Ventas Inc to back management’s director candidates and reject activist investment firm …

  • Financial News

    Russia tweaks tax code to make it easier for foreign firms to pay in roubles

    by Reuters April 20, 2022
    by Reuters April 20, 2022

    (Reuters) – Russian lawmakers on Wednesday passed an amendment to the tax code that they said would make it easier for foreign companies to open accounts with Russian banks and …

  • Financial News

    China to accelerate VAT credit rebates for small firms – finance ministry

    by Reuters April 20, 2022
    by Reuters April 20, 2022

    BEIJING – China’s finance ministry and tax regulator on Wednesday said they will accelerate Value Added Tax (VAT) credit rebates for small firms. Medium-sized manufacturing firms are allowed to claim …

  • Financial News

    Taiwan firms in China hub make uneven restart from COVID curbs

    by Reuters April 20, 2022
    by Reuters April 20, 2022

    TAIPEI -Taiwan firms making chip and electronic components reported a mixed picture on Wednesday on work resumption in the eastern Chinese city of Kunshan after COVID-19 curbs, with some warning …

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