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Users should be allowed to sue U.S. tech giants under EU rules, civil groups say
By Foo Yun Chee BRUSSELS (Reuters) - Individual users should be allowed to take U.S. tech giants to court for breaching landmark EU rules aimed at curbing their power, Privacy International, pan-Europ...
Syndicated Content Feb 21, 2022
Sri Lanka open to dialog with IMF – cabinet spokesman
COLOMBO (Reuters) - Sri Lanka is open to discussions with the International Monetary Fund (IMF) and other multilateral lenders for assistance amid its worst economic crisis in years, a cabinet spokesm...
Syndicated Content Feb 21, 2022
Exclusive-HSBC targets 34% cut to emissions from oil and gas clients by 2030
By Simon Jessop, Tommy Wilkes and Lawrence White LONDON (Reuters) - HSBC aims to cut emissions associated with loans made to its oil and gas clients by 34% this decade, the bank's sustainability chief...
Syndicated Content Feb 21, 2022
Dubai airport passenger traffic up in 2021 but still way below 2019
Dubai International Airport, the busiest globally for international traffic, saw 29.1 million passengers pass through its terminals in 2021, a 12.7% jump from a year earlier. Dubai Airports, the state...
Syndicated Content Feb 21, 2022
HSBC annual pretax profit more than doubles, brings forward key target
SINGAPORE (Reuters) -HSBC Holdings on Tuesday reported annual pre-tax profit more than doubled as the Asia-focused bank reversed hefty credit charges booked previously, saying it now expects to meet a...
Syndicated Content Feb 21, 2022
Bank of Korea to pause rate hikes on Feb 24, resume in Q2: Reuters poll
By Devayani Sathyan and Tushar Goenka BENGALURU (Reuters) - The Bank of Korea will leave rates on hold on Thursday after back-to-back hikes at the previous two meetings, according to economists in a R...
Syndicated Content Feb 21, 2022
China asks banks, firms to report exposure to Jack Ma’s Ant Group -Bloomberg News
(Reuters) - Chinese authorities have told state-owned firms and banks to start a fresh round of checks on their financial exposure and other links to Ant Group Co Ltd, Bloomberg News reported on Monda...
Syndicated Content Feb 21, 2022
E-bike startup Zoomo raises extra $20 million for European expansion
By Nick Carey LONDON (Reuters) - Zoomo, a startup that designs and sells commercial grade e-bikes for online deliveries, said on Tuesday it had raised an additional $20 million in its latest funding r...
Syndicated Content Feb 21, 2022
China’s finance minister says greater tax, fee cuts coming this year
BEIJING (Reuters) - Chinese Finance Minister Liu Kun said on Tuesday that China will implement bigger cuts in taxes and fees this year while strengthening coordination between fiscal and monetary poli...
Syndicated Content Feb 21, 2022
Oil climbs on growing fears of conflict over Ukraine
By Sonali Paul MELBOURNE (Reuters) - Oil prices jumped more than $2 to a fresh seven-year high on Tuesday after Moscow ordered troops into two breakaway regions in eastern Ukraine, escalating a crisis...
Syndicated Content Feb 21, 2022
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