Optimism over a US$1.4 trillion U.S. spending package increased after House of Representatives Speaker Nancy Pelosi invited other congressional leaders to meet late on Tuesday to put together a deal to be enacted this week. "The start of vaccine approvals and distribution heightens our confidence in strong global growth in 2021". "This is a temporary move higher in the pound, but it is still not... [Full Article...]
MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, said on Tuesday she had given $4.2 billion to groups helping the vulnerable as the pandemic hits lives like "a wrecking ball". "We looked at 6,490 organizations, and undertook deeper research into 822", she wrote. Some point out that in a different America, Scott wouldn't have billions of dollars to give away - instead, more of that weal... [Full Article...]
To be labelled a manipulator, countries must at least have a US$20 billion-plus bilateral trade surplus with the United States, foreign currency intervention exceeding 2% of gross domestic product and a global current account surplus exceeding 2% of GDP. [Full Article...]
The new laws may not take effect until 2022. The rules, known as the Digital Markets Act, set out criteria for defining companies as gatekeepers and allows for fines of up to 10% of annual global revenue. Both European Competition Commissioner Margrethe Vestager and EU Internal Market Commissioner Thierry Breton see the rules as a tool against anti-competitive, dominant companies. [Full Article...]
That suit is also tied to a drop in stock and was open for any shareholders who purchased Crown shares between February 2015 and October 16. The class-action suit is looking to compensate investors for their losses stemming from Crown Resorts' failings. [Full Article...]
The European Commission president conceded that the route to an agreement is "very narrow" and resolution of the difficulties over fishing may prove impossible. Mrs von der Leyen said: "We do not question the UK's sovereignty on its own waters". An EU official told Reuters the bloc had rejected Britain's offer of phased access to its waters over three years by EU fishing vessels and the sides ... [Full Article...]
Scott said that she "watched the first half of 2020 with a mixture of heartbreak and horror" and that "life will never stop finding fresh ways to expose inequities in our systems; or waking us up to the fact that a civilization this imbalanced is not only unjust, but also unstable". [Full Article...]
The Nifty Midcap index ended 0.5 percent higher while the Smallcap index rose 0.2 percent. On the domestic front, S&P Global Ratings on Tuesday raised India's growth projection for the current fiscal to (-) 7.7 per cent from (-) 9 per cent estimated earlier on rising demand and falling Covid-19 infection rates. [Full Article...]
Optimism over a US$1.4 trillion U.S. spending package increased after House of Representatives Speaker Nancy Pelosi invited other congressional leaders to meet late on Tuesday to put together a deal to be enacted this week. "The start of vaccine approvals and distribution heightens our confidence in strong global growth in 2021". "This is a temporary move higher in the pound, but it is still not... [Full Article...]
MacKenzie Scott, the ex-wife of Amazon founder Jeff Bezos, said on Tuesday she had given $4.2 billion to groups helping the vulnerable as the pandemic hits lives like "a wrecking ball". "We looked at 6,490 organizations, and undertook deeper research into 822", she wrote. Some point out that in a different America, Scott wouldn't have billions of dollars to give away - instead, more of that weal... [Full Article...]
To be labelled a manipulator, countries must at least have a US$20 billion-plus bilateral trade surplus with the United States, foreign currency intervention exceeding 2% of gross domestic product and a global current account surplus exceeding 2% of GDP. [Full Article...]
The new laws may not take effect until 2022. The rules, known as the Digital Markets Act, set out criteria for defining companies as gatekeepers and allows for fines of up to 10% of annual global revenue. Both European Competition Commissioner Margrethe Vestager and EU Internal Market Commissioner Thierry Breton see the rules as a tool against anti-competitive, dominant companies. [Full Article...]
That suit is also tied to a drop in stock and was open for any shareholders who purchased Crown shares between February 2015 and October 16. The class-action suit is looking to compensate investors for their losses stemming from Crown Resorts' failings. [Full Article...]
The European Commission president conceded that the route to an agreement is "very narrow" and resolution of the difficulties over fishing may prove impossible. Mrs von der Leyen said: "We do not question the UK's sovereignty on its own waters". An EU official told Reuters the bloc had rejected Britain's offer of phased access to its waters over three years by EU fishing vessels and the sides ... [Full Article...]
Scott said that she "watched the first half of 2020 with a mixture of heartbreak and horror" and that "life will never stop finding fresh ways to expose inequities in our systems; or waking us up to the fact that a civilization this imbalanced is not only unjust, but also unstable". [Full Article...]
The Nifty Midcap index ended 0.5 percent higher while the Smallcap index rose 0.2 percent. On the domestic front, S&P Global Ratings on Tuesday raised India's growth projection for the current fiscal to (-) 7.7 per cent from (-) 9 per cent estimated earlier on rising demand and falling Covid-19 infection rates. [Full Article...]