BRUSSELS (Reuters) – A scheme used in Spain and Portugal to cap the price of gas used to generate electricity…
Microsoft cuts about 1,000 jobs – Axios
(Reuters) -Microsoft Corp laid off under 1,000 employees across several divisions this week, Axios reported on Tuesday, citing a source,…
ECB set to warn of risks in its non-binding opinion on Spanish tax proposal, sources say
By Jesús Aguado MADRID (Reuters) -The European Central Bank is set to warn of the adverse impact on Spanish banks’…
Asia hedge fund losses grow in Q3, poised for worst year since 2008
By Summer Zhen HONG KONG (Reuters) – Hedge funds focused on emerging Asia posted their biggest monthly losses in years…
UK finance minister says will prioritise “help for most vulnerable” as inflation rises
LONDON (Reuters) – British finance minister Jeremy Hunt said on Wednesday that the government will prioritise help for the most…
China auto market faces slowdown as inventory builds – CMBI
SHANGHAI (Reuters) – Automakers in China delivered a record number of cars to dealers in the first nine months of…
India says Pernod delaying $244 million tax demand probe
By Abhirup Roy and Aditya Kalra MUMBAI (Reuters) – Indian authorities have asked a court to quash Pernod Ricard’s bid…
Analysis-Global natural gas crisis dampens momentum for ‘cleaner’ LNG
By Nichola Groom, Emily Chow and Marwa Rashad (Reuters) – Europe’s energy crisis has cooled efforts to lower the carbon…
Glencore delivers Russian-origin aluminium into LME system -sources
By Pratima Desai and Mai Nguyen (Reuters) -Commodity trader Glencore has delivered significant amounts of Russian-origin aluminium to London Metal…
Indonesia to offer tax holiday to companies investing in new capital
By Stanley Widianto and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia will offer generous incentives, including a 30-year tax break, for…