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Storm clouds gather at SoftBank Group as valuations slide
By Sam Nussey TOKYO (Reuters) - Storm clouds hang over SoftBank Group Corp as it prepares to report third-quarter earnings on Tuesday, with the valuations of top portfolio companies slipping and heavy...
Syndicated Content Feb 03, 2022
Dollar set for bruising week after ECB and BOE get more hawkish
By Alun John HONG KONG (Reuters) - The dollar index was heading for its worst week in nearly two years on Friday as the euro held firm at a three-week high and sterling gained after hawkish shifts fro...
Syndicated Content Feb 03, 2022
Oil extends gains above $90/bbl as winter storm sweeps through United States
By Roslan Khasawneh SINGAPORE (Reuters) - Oil prices climbed on Friday, extending sharp gains in the previous session sparked by persistent supply concerns and as frigid weather cascades across the Un...
Syndicated Content Feb 03, 2022
Amazon trots out YouTube-sized advertising business
By Danielle Kaye NEW YORK (Reuters) - Amazon pulled the veil off its sprawling advertising business for the first time on Thursday, revealing a business larger than that of Google's YouTube. Amazon re...
Syndicated Content Feb 03, 2022
Japan has no plans to review sales tax rates, finance minister says
TOKYO (Reuters) - Japanese is not considering reviewing future national sales tax rates as the current 10% levy provides a vital source of funding the social security spending to support its ageing po...
Syndicated Content Feb 03, 2022
Nike cries foul over virtual shoes, suing retailer that sells sneaker NFTs
By Blake Brittain (Reuters) - Sneaker giant Nike sued online reseller StockX in New York federal court on Thursday for selling unauthorized images of Nike shoes, marking the latest lawsuit over digita...
Syndicated Content Feb 03, 2022
Tax reduction on fuels could cost Brazil Treasury $10 billion -source
BRASILIA (Reuters) - Brazil's Economy Ministry calculates that a bill to cut fuel taxes sought by President Jair Bolsonaro could cost the Treasury 54 billion reais ($10 billion) a year in lost revenue...
Syndicated Content Feb 03, 2022
Don’t make regulators cheerleaders for finance, UK campaign groups say
By Huw Jones LONDON (Reuters) - Britain must ditch plans to make regulators "cheerleaders" for global finance and instead focus on promoting financial inclusion at home, consumer campaign groups said ...
Syndicated Content Feb 03, 2022
California delays decision on rooftop solar policy reform
(Reuters) - The California Public Utilities Commission (PUC) on Thursday said it needed more time to consider proposed changes to the state's key rooftop solar incentive. In a notice to parties involv...
Syndicated Content Feb 03, 2022
Analysis-Facebook usage dips for first time. Will Instagram follow?
By Paresh Dave and Elizabeth Culliford (Reuters) - TikTok, the pandemic and mobile data costs in India all helped draw people away from Facebook at an unprecedented rate last quarter. The big question...
Syndicated Content Feb 03, 2022
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