UK plans to tax firms that profited from pandemic: Sunday Times
LONDON -- Britain plans to tax retailers and tech companies whose profits have soared during the COVID-19 pandemic, the Sunday Times reported, citing leaked emails. Read More
LONDON -- Britain plans to tax retailers and tech companies whose profits have soared during the COVID-19 pandemic, the Sunday Times reported, citing leaked emails. Read More
LONDON -- The Bank of England could shy away from buying the bonds of fossil fuel companies as it attempts to make its balance sheet greener, Governor Andrew Bailey said in an interview published by the Observer newspaper on Saturday. Read More
British drugmaker AstraZeneca said on Saturday its vaccine developed with the University of Oxford appeared to offer only limited protection against mild disease caused by the South African variant of COVID-19, based on early data from a trial. Read More
BRASILIA -- Brazilian drug maker União Química expects to have regulatory approval and a government contract by next week for Russia's Sputnik V vaccine against COVID-19, its director for international business Rogerio Rosso told Reuters on Friday. Read More
CHICAGO -- Talks between Chicago teachers and the mayor on a plan to reopen the third-largest U.S. school district during the pandemic were deadlocked on Friday after the union signaled that it would not accept her "last, best and final offer." Read More
JAKARTA -- Indonesia's gross domestic product fell slightly more than expected in the fourth quarter, tipping Southeast Asia's largest economy into its first full-year contraction in over two decades in 2020 as it grappled with the hit from the COVID-19 pandemic. Read More
An Australian planning body on Friday blocked global miner South32 Ltd's planned coal mine extension in New South Wales state, citing concerns over its potential irreversible impact to Sydney's water resources. Read More
MELBOURNE -- Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains this week, boosted by the continued commitment of producers to hold back crude supply and positive signs of economic growth in the United States. Read
TOKYO -- The dollar traded near its Read More
HONG KONG -- Alibaba Group Holding Ltd on Thursday set in motion its $5 billion U.S. dollar bond deal by announcing the initial price guidance in a marketing term sheet reviewed by Reuters. Read More