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Updated: 4 years 21 weeks ago
Spain will not accept threats over digital tax - govt spokeswoman
Spain and its European allies
will not accept any threats over a proposed tax on internet
giants' revenues, government spokeswoman Maria Jesus Montero
said on Thursday, a day after Washington decided to pull out of
talks on the matter.
Categories: Business News
UPDATE 1-Rosatom, Framatome, GE team up for Bulgarian nuclear tender
Russia's state nuclear
company Rosatom said on Thursday it has teamed up with France's
Framatome and GE Steam Power from the United States to
bid in a tender to build Bulgaria's Belene nuclear power plant
project.
Categories: Business News
EU ready to go it alone on taxation of digital firms
The European Union is ready to
go it alone with taxing digital services of firms like Google,
Amazon, Facebook or Apple if there is no global deal on such a
tax this year, European Economic Commissioner Paolo Gentiloni
said on Thursday.
Categories: Business News
EMERGING MARKETS-Stocks, forex muted; Turkish equities propped up by Turkcell
Equities and currencies in the
developing world were muted on Thursday as support from
sustained stimulus measures to revive economic growth was
countered by a resurgence in COVID-19 cases.
Categories: Business News
UPDATE 2-Chevron puts stake in Australia's North West Shelf LNG on the block
Categories: Business News
UPDATE 4-PepsiCo drops Aunt Jemima branding; Uncle Ben's, others under review
PepsiCo Inc said on Wednesday it
will change the name and brand image of its Aunt Jemima pancake
mix and syrup which have been criticized as racist amid a
national debate over racial inequality in the United States.
Categories: Business News
GLOBAL MARKETS-Stocks drift as second wave virus fears mount
Global stocks drifted on
Thursday as spiking coronavirus cases in some U.S. states and
China crushed hopes of a quick global economic comeback from the
pandemic.
Categories: Business News
China approves JPMorgan as first fully foreign-owned futures company
China's securities regulatory
said on Thursday it had approved JPMorgan Futures as the first
fully foreign-owned futures company in the country, and that it
would bring in more qualified foreign shareholders as it further
opens up the market.
Categories: Business News
RPT-Oppo cancels live online phone launch in India amid calls to boycott Chinese goods
China's Oppo cancelled the
live online launch of its flagship smartphone in India on
Wednesday after a border clash between the two countries that
has renewed calls from local Indian trader groups to shun
Chinese products.
Categories: Business News
MORNING BID-The second wave is building
A look at the day ahead from Senior FX Correspondent Saikat
Chatterjee. The views expressed are her own.
Categories: Business News
Rosatom, Framatome, GE team up for Bulgarian nuclear tender
Russia's state nuclear company
Rosatom said on Thursday it had signed a memoranda of
understanding with France's Framatome and GE Steam Power to work
together to participate in a tender to build the Belene Nuclear
Power Plant (NPP) in Bulgaria.
Categories: Business News
European shares lose ground on concerns of second coronavirus wave
European shares retreated at the open on
Thursday as a spike in COVID-19 cases in China and some U.S.
states triggered fears of a second wave of infections, knocking
back hopes of a swift recovery from the pandemic-led economic
slump.
Categories: Business News
UPDATE 3-Australian regulator says Google's $2.1 bln Fitbit deal could harm competition
Australia's antitrust
regulator warned Google's planned $2.1 billion acquisition of
fitness tracker maker Fitbit may give it too much of
people's data, potentially hurting competition in health and
online advertising markets.
Categories: Business News
Tokyo shares end lower as rising virus cases cloud recovery hopes
Japanese shares closed lower on
Thursday as increasing cases of the novel coronavirus across the
United States and China raised concerns about a swift recovery
in the global economy.
Categories: Business News
B&G Foods to review Cream of Wheat brand amid debate on racial inequality
B&G Foods is reviewing
the packaging of its Cream of Wheat porridge, becoming the
fourth brand with an African American mascot to take the step
amid a national debate over racial inequality in the United
States.
Categories: Business News
UK says it still wants global digital tax as U.S. quits talks
Britain will keep pushing for a
global solution on taxing international digital companies such
as Google and Facebook Inc after the United
States left negotiations, a spokesman for the British Treasury
said on Thursday.
Categories: Business News
GLOBAL MARKETS-Global stocks retreat as investors fret over coronavirus relapse
Asian stocks and Wall
Street futures fell on Thursday as spiking coronavirus cases in
some U.S. states and in China dented hopes of a quick global
economic comeback from the pandemic.
Categories: Business News
JGBs rise in line with U.S. Treasuries; 5-year auction sees fair demand
Most Japanese government bond (JGB)
prices rebounded on Thursday, taking their cues from firmer U.S.
Treasuries in Asian trading and weaker global stocks amid fears
of a fresh wave of coronavirus infections.
Categories: Business News
