Category Archives:
Futures edge higher ahead of Fed Chair Powell’s testimony
(Reuters) - U.S. stock index futures edged higher on Tuesday, ahead of Federal Reserve Chair Jerome Powell's testimony before Congress that could shed more light on the central bank's plans for raisin...
Mar 07, 2023
Kremlin says it does not recognise Western price cap on its oil
(Reuters) - The Kremlin said on Tuesday that it did not recognise the price cap introduced by Western countries on its oil exports, after the United States said that the cap was "working well". Washin...
Mar 07, 2023
Thailand offers tax breaks for companies issuing investment tokens
BANGKOK (Reuters) - Thailand's cabinet on Tuesday agreed to waive corporate income tax and value-added tax for companies that issue digital tokens for investment, a government spokeswoman said. Compan...
Mar 07, 2023
BoE’s Mann says sees pound sensitive to views on Fed, ECB outlook
LONDON (Reuters) - Bank of England rate-setter Catherine Mann said on Tuesday that the pound could face downward pressure if investors have not yet fully priced in hawkish messages from the U.S. Feder...
Mar 07, 2023
Turkey earthquake damage set to exceed $100 billion: UN agency
GENEVA (Reuters) -Damage caused by a devastating earthquake in Turkey will exceed $100 billion, a U.N. Development Programme official told a press briefing on Tuesday ahead of a major donor conference...
Mar 07, 2023
S&P cuts Nissan credit rating to junk status
TOKYO (Reuters) - Nissan Motor Co Ltd's credit rating was cut to junk status by S&P Global Ratings on Tuesday, which said the Japanese automaker's earnings will remain weaker than previously assumed, ...
Mar 07, 2023
Biden proposes to raise taxes on high earners to avert Medicare funding crisis- WaPo
(Reuters) - The White House will propose raising taxes on people earning more than $400,000 and reduce what Medicare pays for prescription drugs in a bid to keep the program stable, the Washington Pos...
Mar 07, 2023
Germany set to ban China’s Huawei, ZTE from parts of 5G networks -source
By Sarah Marsh and Andreas Rinke BERLIN (Reuters) - Germany plans to ban telecoms operators from using certain components made by Chinese companies Huawei and ZTE in 5G networks, a government source s...
Mar 07, 2023
China to set up new financial regulator in major supervisory overhaul
BEIJING (Reuters) -China will set up a national financial regulatory administration, according to a plan announced on Tuesday, in the biggest overhaul of the country's financial supervisory apparatus ...
Mar 07, 2023
Pakistani fintech startup Trukkr raises $6.4 million, gets lending licence
By Ariba Shahid KARACHI, Pakistan (Reuters) - Trukkr, a fintech platform for Pakistan's trucking industry, said on Tuesday it had raised $6.4 million in a funding round and also received a non-banking...
Mar 07, 2023
Peoria, IL, USA
42 °F Partly cloudy
