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Notable quotes from the Reuters Next conference

(Reuters) – Reuters Next is hosting three days of interviews, panels and presentations with 150+ global leaders discussing the biggest business, social and environmental challenges for the year ahead. Following are some notable quotes from the conference which ends later on Friday. To watch the Reuters Next conference please register here https://reutersevents.com/events/next CHRISTINE LAGARDE, EUROPEAN CENTRAL …

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Exclusive-Venezuela government paying providers in dollars – sources

By Mayela Armas CARACAS (Reuters) – Venezuela’s government – subject to sanctions by the United States and others – is increasingly paying providers in U.S. dollars as it seeks to reduce spending in its bolivar currency to control inflation, three sources with knowledge of the matter told Reuters. State oil company PDVSA, government entities and …

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Global tax deal leaves billion-dollar loopholes, Reuters analysis finds

By Tom Bergin DUBLIN (Reuters) – Leaders of the world’s largest economies hailed a recent agreement to overhaul global corporate tax rules as key ensuring multinationals paid their fair share of tax. The October deal established a global minimum corporate tax rate of 15% aimed at curtailing profit-shifting to lower-tax jurisdictions such as Ireland, where …

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India sees impact of Omicron blunted by vaccination, prior infections

By Krishna N. Das NEW DELHI (Reuters) – India expects the Omicron variant of coronavirus to cause less severe disease, the health ministry said on Friday, thanks to vaccinations and high prior exposure to the Delta variant that infected nearly 70% of the population by July. Junior doctors protested to demand that staff numbers be …

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China’s Guangdong summons Evergrande boss after debt repayment warning

BEIJING (Reuters) -China’s Guangdong province on Friday summoned the chairman of China Evergrande Group after the real estate developer said there was “no guarantee” it would have enough funds to meet debt repayments, while regulators sought to reassure markets. Evergrande, once China’s top-selling developer, is grappling with more than $300 billion in liabilities, fuelling fears …

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Advocates welcome Taliban decree barring forced marriages but call for more

By Charlotte Greenfield ISLAMABAD (Reuters) – A decree released by the Taliban barring forced marriage was a major step forward, two leading Afghan women said on Friday, but questions remained about whether the hardline Islamist group would extend women’s rights around work and education. Afghanistan’s Taliban government on Friday released a decree which said women …

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Canadian grocery retailer Loblaw wins offshore tax case in top court

OTTAWA (Reuters) – Canadian grocery retailer Loblaw Companies Ltd does not have to pay tax on income earned by an offshore subsidiary, the country’s Supreme Court said on Friday, a decision that could have implications for other companies. The case revolved around a Barbados-based bank linked to the company. Loblaw successfully argued the bank was …

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BioNTech CEO says vaccine upgrade on the cards, ready to move quickly

By Ludwig Burger FRANKFURT (Reuters) -BioNTech should be able to adapt its coronavirus vaccine relatively quickly in response to the Omicron variant, and the next few weeks will show how urgently an upgrade is needed, its CEO Ugur Sahin told the Reuters Next conference on Friday. Sahin said people should continue to seek the established …

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BioNTech CEO says vaccine upgrade on the cards, ready to move quickly

By Ludwig Burger FRANKFURT (Reuters) -BioNTech should be able to adapt its coronavirus vaccine relatively quickly in response to the Omicron variant, and the next few weeks will show how urgently an upgrade is needed, its CEO Ugur Sahin told the Reuters Next conference on Friday. Sahin said people should continue to seek the established …

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