BERLIN (Reuters) – Germany’s economic advisory council will recommend the government raise taxes on the wealthy to help finance the…
Euro, sterling bounce, dollar drops as investors cash in
By Hannah Lang WASHINGTON (Reuters) – Euro and sterling rose against the safe-haven dollar on Monday, supported by a risk-on…
Mercedes CEO: ‘absolutely inconceivable’ to write off China
FRANKFURT (Reuters) – Mercedes-Benz Chief Executive Ola Källenius on Monday spoke out against distancing oneself from China, saying it was…
BioNTech executive says it is too early to predict China vaccine approval
FRANKFURT (Reuters) – A BioNTech executive on Monday confirmed that the company is in discussions with Chinese authorities over regulatory…
Richard Branson must face lawsuit in U.S. over Virgin Galactic space travel problems
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday said British billionaire entrepreneur Richard Branson must face…
Penguin, Simon & Schuster merger blocked over impact on authors – U.S. judge
By David Shepardson WASHINGTON (Reuters) -A U.S. judge cited negative impacts on top-selling authors in blocking a planned $2.2 billion…
Russia’s Sberbank sues Glencore for $116 million over oil supplies
MOSCOW (Reuters) -Russia’s largest lender, Sberbank, is suing global commodities trader Glencore for around 117 million euros ($116 million) over…
UK banks were slow to pass on rate hikes to savers, says watchdog
By Huw Jones LONDON (Reuters) – Britain’s banks were slow to start passing on increases in central bank interest rates…
Factbox-Advertisers react to Twitter’s new ownership
(Reuters) – Advertisers are grappling with Twitter’s new ownership under Tesla boss Elon Musk, who once tweeted “I hate advertising”.…
Allianz to pause paid Twitter ads for now – spokesperson
FRANKFURT (Reuters) – German insurer and asset manager Allianz will halt its paid advertising on Twitter for now, a spokesperson…