Author Archives: Syndicated Content
OECD chief 'quietly optimistic' about EU global minimum tax deal approval
By Dan Burns DAVOS, Switzerland (Reuters) - The head of the Organisation for Economic Cooperation and Development (OECD) on Tuesday said he was "quietly optimistic" a landmark deal to establish a glob...
May 24, 2022
Futures fall after Snapchat owner's profit warning
(Reuters) - U.S. stock index futures fell on Tuesday as a weak forecast from Snap Inc hit shares of social media companies, a day after Wall Street enjoyed a relief rally. The Snapchat owner's shares ...
May 24, 2022
Don't trade security for economic profit, NATO tells countries
DAVOS, Switzerland (Reuters) -Western countries must not trade security for economic profit, NATO Secretary-General Jens Stoltenberg warned on Tuesday, referring to debates over the use of Chinese tec...
May 24, 2022
Indian oil minister says oil at $110 a barrel not sustainable
DAVOS, Switzerland (Reuters) - India's Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable, as the world faces...
May 24, 2022
Behind the scenes in Japan, a welcome for Biden's defence of Taiwan
By Tim Kelly TOKYO (Reuters) - For Japan, U.S. President Joe Biden's comment he would be willing to use force to defend Taiwan signalled no formal change in policy. But behind the scenes in Tokyo, it ...
May 24, 2022
Central African Republic to launch bitcoin investment platform
BANGUI (Reuters) - Central African Republic will launch the continent's first legal cryptocurrency investment hub, the presidency said, extending the impoverished country's embrace of digital finance ...
May 24, 2022
Russia says it's deliberately slowing Ukraine offensive to evacuate civilians - RIA
(Reuters) - Russian Defence Minister Sergei Shoigu said Moscow was deliberately slowing its offensive in Ukraine in order to allow civilians to evacuate, RIA news agency reported on Tuesday. "Ceasefir...
May 24, 2022
U.S. climate envoy Kerry says Ukraine war no excuse to let up on climate fight
By Dmitry Zhdannikov DAVOS (Reuters) -The U.S. climate envoy John Kerry told the World Economic Forum (WEF) on Tuesday that the global energy crisis wrought by the war in Ukraine should not deepen the...
May 24, 2022
Exclusive-Neumann-backed climate tech venture Flowcarbon raises $70 million
By Simon Jessop LONDON (Reuters) - Flowcarbon, a blockchain-enabled carbon credit trading platform backed by WeWork founder Adam Neumann, has raised $70 million in its first major funding round, its c...
May 24, 2022
Italy parties discuss 2024 deadline to open up beach concessions - draft
ROME (Reuters) - Italy's parties are negotiating a deadline of end-2024 to complete tenders for lucrative contracts to manage bars and other facilities on the country's beaches, a draft amendment seen...
May 24, 2022
