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Chinese Military Companies Have Spent Over $24 Million Lobbying The US Gov’t In Recent Years
Entities the Pentagon classifies as “Chinese military companies” have spent more than $24 million lobbying the U.S. government since 2020, a Daily Caller News Foundation review of lobbying disclosures found. Some of…
French companies must implement sanctions against Russia – govt spokesman
PARIS – French government spokesman Gabriel Attal said on Tuesday it was paramount that French companies respect sanctions against Russia decided by the European Union and that oil giant TotalEnergies was doing…
Swiss gov’t proposes public liquidity backstop for big banks
ZURICH – The Swiss government wants to set up a new backstop allowing the provision of state-guaranteed cash should one of the country’s big banks fail, it said on Friday, as it…
U.S. House passes Ukraine aid, gov’t funding measure
WASHINGTON – A majority of the U.S. House of Representatives on Wednesday voted to approve a $1.5 trillion bill that would provide $13.6 billion in aid for Ukraine and fund the federal…
Hoyer says aims to pass bill to fund U.S. govt through Sept. 30 on Wednesday
– U.S. House of Representatives Majority Leader Steny Hoyer said on Tuesday that lawmakers aim to debate and pass on Wednesday the bill to fund the U.S. government through Sept. 30. (Reporting…
Sri Lanka central bank hikes rates to tame inflation; urges govt to act
By Uditha Jayasinghe and Swati Bhat COLOMBO – Sri Lanka’s central bank sharply raised interest rates on Friday to staunch growing inflationary pressures and urged the government to consider measures including curbing…
Cutting Russia off SWIFT technically difficult – German govt spokesperson
BERLIN – Suspending Russia from the SWIFT global interbank payments system would be technically difficult to arrange and would have a massive impact on transactions for Germany and German businesses in Russia,…
Italian banks’ govt bond holdings rise in January – ECB
MILAN – Italian lenders increased their domestic government bond holdings in January, European Central Bank data showed on Friday. Their portfolio rose to 419.62 billion euros ($468.84 billion) last month, compared with…
Kuwaiti govt owes public entities 2.35 billion dinars – finance ministry
By Ahmed Hagagy KUWAIT -Kuwait’s government owes 2.35 billion dinars ($7.78 billion) in late payments to public entities, according to the finance ministry, in a sign of a deepening cash crunch the…
Potential investors in India LIC’s giant IPO fret over govt control of insurer -sources
By Nupur Anand, Aftab Ahmed and Scott Murdoch MUMBAI – Prospective investors in Life Insurance Corp of India’s (LIC) $8 billion IPO are seeking assurances from company management that it will not…
U.S. gov’t short-term funding bill clears Senate procedural hurdle
WASHINGTON – A temporary funding bill that would keep the federal government running through March 11 and avoid a potential partial shutdown cleared a procedural hurdle in the U.S. Senate on Thursday.…
Japan consumers’ expected inflation rate rises to record 2.43% in Feb -govt survey
(Corrects day of the week in first paragraph) TOKYO – Japanese consumers’ one-year forward expected inflation rate rose to 2.43% in February, a Consumer Affairs Agency survey showed on Wednesday, the highest…
Commerzbank shares fall after finance minister says govt to shed stake in future
BERLIN – Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade on Monday after Germany’s Finance Minister said the government would not keep its stake in the lender in the…
Tesla plans to locate China design centre in Beijing, city govt says
SHANGHAI – U.S. electric carmaker Tesla plans to place its China design centre in Beijing, a government document issued by the Chinese capital said. Tesla said in 2020 it planned to open…
Exclusive-India LIC’s embedded value set at over $66.8 billion, govt official says
By Aftab Ahmed and Manoj Kumar NEW DELHI -State-run Life Insurance Corporation of India’s (LIC) embedded value has been finalised at more than 5 trillion rupees ($66.82 billion), a government official who…
Japan’s consumer confidence worsens in Jan – govt
TOKYO – Japan’s consumer confidence fell in January for a second month, the government said on Monday, as the rapid spread of the Omicron coronavirus variant dampened shoppers’ mood. A Cabinet Office…
AT&T Mexico says govt should limit America Movil’s market concentration – paper
MEXICO CITY – AT&T’s top executive in Mexico has urged the government to place limits on its telecom rival America Movil and keep it out of new markets to ensure fair competition,…
Spanish economic growth at fastest in 20 years but misses govt forecast
By Nathan Allen MADRID – Spain’s economy expanded at its fastest pace in two decades last year but slowed down in the fourth quarter as public and private spending slipped amid soaring…
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