By Yew Lun Tian BEIJING (Reuters) -Chinese President Xi Jinping said on Monday private companies should be “rich and loving” by shouldering a responsibility along with state-own firms to achieve …
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US approved 192 licenses for exports to blacklisted Chinese firms early 2022
by Reutersby ReutersBy Karen Freifeld (Reuters) – The Biden administration approved 192 licenses worth over $23 billion to ship U.S. goods and technology to Chinese companies on a U.S. trade blacklist in …
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By Bartosz Dabrowski, Andrey Sychev and Tristan Chabba (Reuters) – European chemical producers painted a bleak picture of their prospects for 2023 on Thursday, citing the continuing fallout from Russia’s …
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‘Protect Their Freedoms’: Abortion Advocacy Groups Announce Partnership With Nation’s Largest Private Law Firms
‘Protect Their Freedoms’: Abortion Advocacy Groups Announce Partnership With Nation’s Largest Private Law Firms Katelynn Richardson on February 24, 2023 Six abortion advocacy groups have partnered with a handful of …
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U.S. State Department sanctions target Russian cabinet ministers, nuclear arms institutes
by Reutersby ReutersBy Jonathan Landay WASHINGTON (Reuters) -The U.S. State Department on Friday marked the first anniversary of Russia’s full-scale invasion of Ukraine by sanctioning more than 60 top Russian officials, including …
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Green Tech Firms Launch Lobbying Group To Push For Govt Subsidies To Suck CO2 Out Of The Air
Green Tech Firms Launch Lobbying Group To Push For Govt Subsidies To Suck CO2 Out Of The Air John Hugh DeMastri on February 23, 2023 A coalition of more than …
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Recidivist Defendant Charged In Connection With Million-Dollar Fraud Scheme Targeting Senior Executives Of Investment Firms
by DOJ Pressby DOJ PressDamian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director in Charge of the New York Field Office of the …
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‘No Excuse’: International Regulator Demands Energy Firms Curb Methane Emissions
‘No Excuse’: International Regulator Demands Energy Firms Curb Methane Emissions John Hugh DeMastri on February 21, 2023 The head of the International Energy Agency (IEA) slammed energy companies for failing …
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EU imposes sixth set of sanctions on Myanmar officials, firms over coup
by Reutersby Reuters(Reuters) – The European Union on Monday imposed a sixth round of sanctions on Myanmar over the 2021 military coup that overthrew elected leader Aung Suu Kyi and sparked global …
- Business News
Analysis-European firms strike high-stakes bond deals as interest rates rise
by Reutersby ReutersBy Pablo Mayo Cerqueiro and Chiara Elisei LONDON (Reuters) – European firms are selling debt that can be converted into their own shares at an unrelenting pace, as they seek …
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South Korea looking into bonuses at insurers, card firms – Yonhap
by Reutersby ReutersSEOUL (Reuters) – South Korea’s financial regulator is looking into bonus schemes at major insurance and credit card companies as the government calls for firms with strong profits to help …
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Many companies and finance firms yet to set deforestation policy – report
by Reutersby ReutersBy Simon Jessop LONDON (Reuters) – Almost half of the companies most reliant on the commodities responsible for deforestation, and the financial firms that back them, have no policy to …
- US and World News
German authorities raid firms suspected of Russia sanctions violations
by Reutersby ReutersBy Matthias Inverardi and Steve Stecklow (Reuters) – German authorities searched the premises of three companies early Thursday as part of an ongoing probe into the possible violation of European …
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Fed releases 2023 stress test scenarios for banks, including extra new shock for big firms
by Reutersby ReutersBy Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve on Thursday released the hypothetical economic strains they will use to test the strength of big bank finances in its …
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Biden plans to curb investment by U.S. firms in Chinese tech – NYT
by Reutersby Reuters(Reuters) – The Biden administration is poised to introduce new restrictions on U.S. companies funding the development of advanced computing technologies in China, the New York Times reported on Thursday. …
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Lab-Grown Meat Firms Don’t Know If Their Food Is Safe Long-Term: REPORT
Lab-Grown Meat Firms Don’t Know If Their Food Is Safe Long-Term: REPORT John Hugh DeMastri on February 7, 2023 Despite leading scientists generally agreeing that lab grown meat is safe …
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U.S. firms in Taiwan making ‘contingency’ plans amid China tensions
by Reutersby ReutersTAIPEI (Reuters) – Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan are revising or plan to revise their business continuity plans amid tensions with …
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By Mike Scarcella (Reuters) – Two major U.S. law firms are feuding over which one will lead a consumer antitrust class action against Meta Platforms Inc’s Facebook, after a judge …
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Brazil currency firms, rate cut bets pushed back by central bank’s hawkish outlook
by Reutersby ReutersBy Marcela Ayres BRASILIA (Reuters) – Brazil’s currency firmed and interest rate futures jumped on Thursday as a more hawkish outlook from the central bank led economists to push back …
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Oklahoma Treasurer Presses Financial Institutions To Say Whether They’re Boycotting Energy Firms
Oklahoma Treasurer Presses Financial Institutions To Say Whether They’re Boycotting Energy Firms John Hugh DeMastri on February 1, 2023 Republican State Treasurer Todd Russ of Oklahoma sent a letter to …
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U.S. Senate finance chair: Congress should hike tax on oil firms’ stock buybacks
by Reutersby Reuters(Reuters) – U.S. Senate Finance Committee Chair Ron Wyden on Thursday said Congress must do more to raise taxes on oil companies’ stock buybacks after Chevron Corp announced it would …
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Exclusive-Equinor joins Western oil firms’ retreat from Nigeria -sources
by Reutersby ReutersBy Ron Bousso LONDON (Reuters) – Norway’s Equinor has launched the sale of its stake in an offshore Nigerian oilfield, joining a retreat by Western energy firms from the West …
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By Manya Saini and Niket Nishant (Reuters) – U.S. card companies are expected to post the slowest revenue growth in seven quarters, as consumers tighten their purse strings and avoid …
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Defense firms set to post higher sales, McCarthy’s election clouds outlook
by Reutersby ReutersBy Nathan Gomes (Reuters) – Defense companies are expected to post higher fourth-quarter sales, according to analysts, bolstered by easing supply chain bottlenecks and increased defense outlays as the Pentagon …
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U.S. CFTC commissioner warns of risks if crypto firms self-certify
by Reutersby ReutersBy Chris Prentice and Hannah Lang NEW YORK/WASHINGTON (Reuters) – A top official with the U.S. Commodity Futures Trading Commission (CFTC) on Wednesday plans to warn lawmakers against allowing cryptocurrency …