Author Archives: Syndicated Content
Fed likely to open bond-buying ‘taper’ door, but hedge on outlook
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected to clear the way on Wednesday for reductions to its monthly asset purchases later this year and show in updated projections w...
Sep 22, 2021
Wake up and smell the coffee … made in the United States
By Marcelo Teixeira NEW YORK (Reuters) - Farmer David Armstrong recently finished planting what is likely the most challenging crop his family has ever cultivated since his ancestors started farming i...
Sep 22, 2021
BlackRock, HSBC among largest buyers of Evergrande debt: Morningstar
By David Randall NEW YORK (Reuters) - Fund giant BlackRock and investment banks HSBC and UBS were among the largest buyers of the debt of embattled Chinese real estate developer Evergrande Inc, Mornin...
Sep 22, 2021
Australia says trade pact would benefit EU in Indo-Pacific amid submarine deal fallout
By Colin Packham CANBERRA (Reuters) - An Australian-EU trade deal would be mutually beneficial and allow EU members a greater presence in the Indo-Pacific, said Australia's trade minister, as Canberra...
Sep 22, 2021
Philippines lower house approves VAT for big tech firms
MANILA (Reuters) - The Philippines' lower house of Congress has approved a bill imposing taxes on tech giants like Facebook, Alphabet's Google and Youtube, and Netflix. Voting 167-6-1, lawmakers late ...
Sep 22, 2021
SoftBank backs Steven Mnuchin’s $2.5 billion private equity fund – FT
(Reuters) - SoftBank Group's Vision Fund had invested in a $2.5 billion private equity fund set up by former U.S. Treasury secretary Steven Mnuchin, the Financial Times. Mnuchin's Liberty Strategic Ca...
Sep 22, 2021
Facebook wraps up deals with Australia media firms, TV broadcaster SBS not included
By Byron Kaye SYDNEY (Reuters) - Facebook Inc has told Australian publishers it has stopped negotiating licencing deals, an email to the industry seen by Reuters showed, a move which came just six mon...
Sep 22, 2021
Top U.S. trade official to have meeting with WTO chief on Wednesday
(Reuters) -U.S. Trade Representative Katherine Tai will have an online meeting on Wednesday with Ngozi Okonjo-Iweala, the director-general of the World Trade Organization, Tai's media office said, wee...
Sep 22, 2021
China auto-chip firm Black Sesame Tech valued near $2 billion after funding from Xiaomi, others
BEIJING (Reuters) - Chinese auto-chip startup Black Sesame Technologies said on Wednesday that it had raised "hundreds of millions of dollars" from Xiaomi Corp and other investors as China accelerates...
Sep 21, 2021
Panama to give immunocompromised people third COVID-19 vaccine shot
PANAMA CITY (Reuters) - Panama will offer a third COVID-19 vaccine dose to moderate and severely immunocompromised people starting this week, Health Minister Luis Sucre said on Tuesday. The decision f...
Sep 21, 2021
