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German cabinet backs tax relief plan to support recovery
BERLIN (Reuters) - Germany's cabinet backed a tax relief package for workers and businesses on Wednesday, a government source said, aiming to mitigate the impact of the pandemic on Europe's largest ec...
Syndicated Content Feb 16, 2022
Website creator Wix.com Q4 loss widens, unable to forecast 2022
By Steven Scheer JERUSALEM (Reuters) - Wix.com, which helps small businesses build and operate websites, reported on Wednesday a wider fourth-quarter loss and said it could not provide estimates for 2...
Syndicated Content Feb 16, 2022
Volkswagen expects chip shortage to ease later in 2022
BERLIN (Reuters) - German carmaker Volkswagen expects a continued hit from a shortage of semiconductors this year, although it should be able to ramp up production in the second half of the year, Chie...
Syndicated Content Feb 16, 2022
Volkswagen works council sees Q1 decision on new Wolfsburg plant
BERLIN (Reuters) - The works council of Volkswagen said on Wednesday it hopes for a final decision on exactly where the German company will build a new electric vehicle plant in the first quarter, add...
Syndicated Content Feb 16, 2022
USTR says new trade tools needed to fight China state-led trade
By David Lawder WASHINGTON (Reuters) - The United States needs to pursue new strategies and update its domestic trade tools to deal with China's "state-led, non-market policies and practices", the U.S...
Syndicated Content Feb 16, 2022
Shanghai aims to become production hub for space technology by 2025
BEIJING (Reuters) - The local government in the China's Shanghai said on Wednesday that the city aims to be a hub for the development of space technologies, including reusable rockets which can vertic...
Syndicated Content Feb 16, 2022
Euro zone Dec production much stronger than expected
BRUSSELS (Reuters) - Euro zone industrial production was much stronger than expected in December, data showed on Wednesday, ending 2021 on a strong note despite restrictions due to the Omicron coronav...
Syndicated Content Feb 16, 2022
European stocks inch higher; investors focus on Russia-Ukraine tensions
By Sruthi Shankar (Reuters) -European stocks made cautious gains on Wednesday on hopes of a de-escalation of tensions between Russia and Ukraine, although accelerating inflation kept a lid on Britain'...
Syndicated Content Feb 16, 2022
Olympics-Digital Chinese currency makes muted Games debut
By Winni Zhou and Ilze Filks ZHANGJIAKOU, China (Reuters) - China's aim to make an Olympic splash with its digital currency, thwarted by a COVID 19-induced decision to exclude foreign spectators, has ...
Syndicated Content Feb 16, 2022
Time to ready global response to crypto risks, regulators say
By Huw Jones and Tom Wilson LONDON (Reuters) - Risks from the $2.6 trillion crypto market could grow quickly and regulators need pre-prepared measures to bring the sector to heel, the Financial Stabil...
Syndicated Content Feb 16, 2022
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