By Huw Jones LONDON (Reuters) – Banning commission-based sales of financial products from banks and insurers would be a “serious…
EU Commission wants first joint purchases of gas by summer
BRUSSELS (Reuters) – The European Commission aims for EU countries to start jointly buying gas “well before summer”, European Commission…
China to boost spending for COVID prevention, treatment
BEIJING (Reuters) – China’s finance ministry said on Monday it will boost funding for COVID-19 prevention and control, urging local…
Bain Capital explores Virgin Australia IPO as aviation market improves
By Scott Murdoch and Jamie Freed SYDNEY (Reuters) -Bain Capital said on Monday it is looking to relist airline Virgin…
Japan’s top economic panel debates potential shift away from ‘Abenomics’
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) – The Japanese government’s top economic policy panel on Monday held its…
House Speaker says Democrats should cap spending to avoid U.S. debt default
WASHINGTON (Reuters) – House of Representatives Speaker Kevin McCarthy said on Sunday he believes Democrats would agree to cap government…
Factbox-Workers vs Macron: What to expect from Thursday’s strike
PARIS (Reuters) – France’s labour unions have made a rare joint call for major strike action on Thursday against plans…
Taiwan chipmaker UMC imposes strict cost controls over weak demand
TAIPEI (Reuters) – Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of…
Tesla under fire in Germany over union concerns on working hours, contracts
BERLIN (Reuters) – Tesla has come under fire from German union IG Metall and politicians over allegations by workers of…
Italy’s Eni, Esso offices raided in antitrust probe over fuel price breaches
MILAN (Reuters) – Italy’s antitrust authority said on Monday the offices of several oil companies, including Italy’s Eni and Exxon…