(Reuters) -U.S. President Joe Biden will nominate Daniel Werfel to be the next commissioner of the Internal Revenue Service (IRS)…
Ukraine will seek help from allies to finance Starlink service if SpaceX demands payment
KYIV (Reuters) – Ukraine will ask its foreign partners for help in funding Starlink satellite internet systems currently being provided…
Spain’s ruling parties propose to widen tax to foreign banks’ units
MADRID (Reuters) – Spain’s leftist ruling coalition has submitted amendments to its banking tax proposal that would allow the government…
Fed’s George calls for ‘more measured’ pace of rate hikes
By Ann Saphir (Reuters) – Kansas City Federal Reserve President Esther George on Thursday reiterated her support for a slower…
EU envoy says ‘hopeful’ about getting changes to U.S. EV tax rules
WASHINGTON (Reuters) – European Union Ambassador Stavros Lambrinidis on Thursday said he was very hopeful that negotiations with the United…
U.S., EU plan AI roadmap at next trade, technology council meeting on Dec. 5
WASHINGTON (Reuters) – The United States and European Union plan to release a new artificial intelligence roadmap that prioritizes security…
Kenya to cut ‘appetite’ for borrowing, eyes narrower budget deficit
By Duncan Miriri NAIROBI (Reuters) -Kenya’s government is reducing its rate of borrowing, officials said on Thursday, while unveiling a…
Mexico president talks up strong peso, warns of high interest rates
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador on Thursday said the Mexican peso’s strength is good for the…
G20 watchdog in step-by-step approach to funds sector ‘vulnerabilities’
By Huw Jones LONDON (Reuters) – Systemic vulnerabilities in investment funds and other “non-banks” that make up almost half the…
Italy to raise cash payments cap to 5,000 euros from 1,000, draft shows
ROME (Reuters) – Italy plans to raise a limit on cash payments to 5,000 euros ($5,078) from 1,000 euros, a…