Author Archives: Syndicated Content
Brazil lower house nixes Lula's financial transactions tax hike
By Marcela Ayres BRASILIA (Reuters) -Brazil's lower house of Congress on Wednesday overturned a May decree from President Luiz Inacio Lula da Silva raising the financial transactions tax (IOF) on cert...
Thomson Reuters Jun 25, 2025
China's collateral demands curbing emerging countries' ability to manage finances, study shows
By Duncan Miriri NAIROBI (Reuters) -China's practice of securing its loans to low-income nations through commodity revenue streams and cash held in restricted escrow accounts is curbing their ability ...
Thomson Reuters Jun 25, 2025
US FTC says Mars' $36 billion Kellanova deal is not anticompetitive
(Reuters) -The U.S. Federal Trade Commission said on Wednesday that candy giant Mars' proposed $36 billion takeover of Pringles maker Kellanova did not meet the standard for an anticompetitive merger ...
Thomson Reuters Jun 25, 2025
European corporate distress index rises to nine-month high, Weil index shows
By Lucy Raitano LONDON (Reuters) -Corporate distress levels in Europe rose to a nine-month high in the three months to the end of May, an index compiled by law firm Weil, Gotshal & Manges shows, drive...
Thomson Reuters Jun 25, 2025
UK employers group says tax hike has hit hiring hard
LONDON (Reuters) -Almost one third of small and medium-sized British employers have made staff redundant or are thinking about job cuts as a direct result of the increase in their social security bill...
Thomson Reuters Jun 25, 2025
UK living standards set to stagnate for rest of 2020s, think tank says
LONDON (Reuters) -Living standards in Britain look set to barely grow over the rest of the decade and poorer households are likely to suffer a drop, in part due to a welfare squeeze, according to a re...
Thomson Reuters Jun 25, 2025
Invesco files for Solana ETF to tap growing demand for bitcoin alternatives
(Reuters) -Invesco has filed for an exchange-traded fund tied to the spot price of Solana, according to a regulatory filing on Wednesday, as asset managers push to tap opportunities beyond bitcoin. Th...
Thomson Reuters Jun 25, 2025
US seeks extradition of alleged hacker arrested in France
(Reuters) -U.S. prosecutors have charged a British national with data theft and related cybercrime offences, and are seeking to extradite the alleged hacker from France, the U.S. Justice Department sa...
Thomson Reuters Jun 25, 2025
Tech lobby group urges EU leaders to pause AI Act
STOCKHOLM (Reuters) -Tech lobbying group CCIA Europe, whose members include Alphabet, Meta and Apple, on Thursday urged European Union to pause implementation of the AI Act, saying a rushed roll-out r...
Thomson Reuters Jun 25, 2025
Microsoft and OpenAI dueling over artificial general intelligence, The Information reports
(Reuters) -Microsoft and OpenAI are at odds over a contractual provision related to artificial general intelligence, The Information reported on Wednesday. Under the current terms, when OpenAI achieve...
Thomson Reuters Jun 25, 2025