BERLIN/MOSCOW (Reuters) – Mercedes-Benz said on Wednesday it would withdraw from the Russian market and sell shares in its industrial…
Former president of China Merchants Bank arrested over suspected bribes – state media
BEIJING (Reuters) – China’s top prosecutor has decided to arrest Tian Huiyu, a former president of China Merchants Bank, on…
Ex treasury secretary Mnuchin says U.S. in recession, will continue
RIYADH (Reuters) – Former U.S. treasury secretary Steve Mnuchin said on Wednesday he believed the United States was in a…
UK finance minister Hunt tells Bailey he reaffirms BoE independence
LONDON (Reuters) – British finance minister Jeremy Hunt met Bank of England Governor Andrew Bailey on Tuesday and reaffirmed his…
Japan stimulus package to likely to total $170 billion, Kyodo says
TOKYO (Reuters) – Japan will likely spend 25.1 trillion yen ($170 billion) in its upcoming economic stimulus package, the Kyodo…
Global firms urge governments to require mandatory disclosures on nature
By Juliette Portala (Reuters) – Over 330 businesses on Wednesday urged world leaders to force large companies to assess and…
Canada’s Ontario ups foreign home buyers speculation tax to 25%
(Reuters) – The Ontario government said on Tuesday it was raising the real estate speculation tax for foreign buyers to…
Canadian watchdog to study impact of competition on soaring food prices
(Reuters) – Canada’s competition watchdog said on Monday it would examine factors impacting soaring food prices and whether more competition…
Republicans’ debt-ceiling plans are ‘reckless’ White House says
WASHINGTON (Reuters) – U.S. Republicans’ plans to use the debt ceiling to pressure Congress to cut government spending are “reckless,”…
Germany hashes out compromise to allow smaller stake China port deal
By Christian Kraemer and Andreas Rinke BERLIN (Reuters) -Germany may allow China’s Cosco to take a smaller stake than originally…