Category Archives:
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...
Syndicated Content 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...
Syndicated Content 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 ...
Syndicated Content 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...
Syndicated Content Mar 07, 2023
ECB survey sees moderating inflation, rising wage expectations
FRANKFURT (Reuters) - Inflation expectations among euro zone consumers dropped in January but expectations for wage growth continued to rise, adding to fears wage growth will slow efforts to control p...
Syndicated Content Mar 07, 2023
China to form a national bureau to manage its troves of data
SHANGHAI (Reuters) -China will form a national data bureau that will be responsible for coordinating the sharing and development of the country's data resources, according to a plan submitted on Tuesd...
Syndicated Content Mar 07, 2023
Tencent-backed Airwallex secures e-payment license in China
(Reuters) - Australian fintech company Airwallex said on Tuesday it has secured an online payment business license in China by acquiring Chinese company Guangzhou Shang Wu Tong Network Technology. The...
Syndicated Content Mar 07, 2023
China to restructure sci-tech ministry to reach self-reliance faster- state media
BEIJING (Reuters) - China will restructure its science and technology ministry to better allocate resources for tackling challenges in key technologies and to move faster towards self-reliance, offici...
Syndicated Content Mar 07, 2023
HelloFresh shares drop as profit outlook disappoints
By Linda Pasquini (Reuters) -HelloFresh forecast 2023 profit below analysts' expectations on Tuesday, sending its shares down as much as 12.7%, as fewer people order its meal kits in reopening economi...
Syndicated Content Mar 07, 2023
Lindt & Spruengli proposes dividend hike as 2022 sales, profit climb
ZURICH (Reuters) - Lindt & Spruengli said its 2022 profit rose and the Swiss chocolate maker also proposed a higher dividend payout on Tuesday, despite a challenging year that saw inflationary price h...
Syndicated Content Mar 07, 2023
Peoria, IL, USA
52 °F Light Rain, Mist
