British finance minister Rishi Sunak will set out plans to raise income tax by 6 billion pounds ($8.36 billion), The Times reported https://www.thetimes.co.uk/article/stealth-rise-in-income-tax-to-pay-covid-bill-9h7v2trl6 on Sunday. Read More
Warren Buffett's enthusiasm for the future of America and his company Berkshire Hathaway Inc has not been dimmed by the coronavirus pandemic. Read More
NEW YORK -- A shakeup in stocks accelerated by the past week's surge in Treasury yields has investors weighing how far a recent leadership rotation in the U.S. equity market can run, and its implications for the broader S&P 500 index. Read More
HOUSTON -- Texas's power grid operator on Friday canceled Griddy Energy LLC's access to the state's power network, and shifted all its customers to other utilities, according to a notice by the grid operator. Read More
MELBOURNE -- Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar and expectations grew that with oil prices back above pre-pandemic levels, more supply is likely to come back to the market. Read More
TOKYO -- Japanese shares dropped on Friday, with the Nikkei on course to log its biggest fall since July, after a spike in global bond yields spooked investors already uneasy about the market's stretched valuation. Read More
BEIJING -- Tim Hortons China has completed a new fundraising round from Sequoia Capital China, Tencent Holdings and Eastern Bell Capital, the coffee chain said on Friday. Read More
The following table shows rates for Asian Read More
BUENOS AIRES/BRASILIA/MEXICO CITY -- B razil's stock market will remain nervous in coming weeks as officials wrangle over budget measures to support the country's poorest amid a local coronavirus pandemic that has surpassed 10 million cases, a Reuters poll found. Read More
TOKYO -- Japanese stocks jumped on Thursday, as investors scooped up shares after Federal Reserve Chair Jerome Powell eased inflation concerns while boosting Wall Street shares. Read More