MADRID (Reuters) – The chief of Volkswagen’s Spanish unit SEAT said on Thursday he is “optimistic” in finding “solutions” with national and regional authorities regarding the subsidy offer it received…
By Francesco Canepa and Yoruk Bahceli FRANKFURT (Reuters) – The European Central Bank on Thursday got rid of a subsidy on over 2 trillion euros of loans to banks to…
BEIJING (Reuters) – China said the U.S. Inflation Reduction Act is suspected of violating the WTO rules and will adopt measures to safeguard its legitimate rights when necessary, the commerce…
By Hyonhee Shin SEOUL (Reuters) -South Korean President Yoon Suk-yeol asked U.S. President Joe Biden to help address Seoul’s concerns that new U.S. rules on electric vehicle subsidies will hurt…
PRAGUE (Reuters) – Former Czech prime minister Andrej Babis stood trial on Monday over fraud accusations connected to a 2 million euro ($2 million) European Union subsidy that have marred…
Senate Advances Massive Subsidy Bill For The Semiconductor Industry Max Keating on July 20, 2022 The Senate voted 64-34 to advance a more modest version of a long-debated bill that…
By Stephen Nellis and Jane Lanhee Lee (Reuters) – A planned semiconductor factory in upstate New York will likely be delayed if a bill to bolster the U.S. computer chip…
Nancy Pelosi’s Husband Buys Millions In Chip Stocks Right Before Vote On Massive Chip Subsidy Gabe Kaminsky on July 15, 2022 House Speaker Nancy Pelosi’s husband Paul bought up to…
KUALA LUMPUR – Malaysia is expected to spend 77.3 billion ringgit ($17.6 billion) in subsidies and cash aid this year, the largest amount in history, to help temper the effects…
By Alexandra Alper WASHINGTON – The United States and European Union will announce a joint effort to avert a “subsidy race” as they scramble to boost production of scarce semiconductor…
Sen. Blumenthal’s Family Splurged On Intel Stock Before He Voted For A Massive Subsidy Bill Gabe Kaminsky on May 14, 2022 Democratic Connecticut Sen. Richard Blumenthal recently disclosed that an…
BOGOTA – Colombia’s fuel subsidy fund is projected to more than double its deficit to 33.7 trillion pesos ($8.8 billion) this year because of high oil prices, the country’s fiscal…
TOKYO – Japan raised its gasoline subsidy for oil distributors to the maximum figure of 25 yen ($0.1944) a litre for the seven days from April 21, up from 20.3…