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 …
Exclusive-Venezuela government paying providers in dollars – sources Read More »
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 …
Global tax deal leaves billion-dollar loopholes, Reuters analysis finds Read More »
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 …
India sees impact of Omicron blunted by vaccination, prior infections Read More »
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 …
China’s Guangdong summons Evergrande boss after debt repayment warning Read More »
By Denis Dumo JUBA (Reuters) – Severe flooding has hit South Sudan’s northern state of Unity, cutting off communities from accessing supplies of food and other vital commodities, a state official said on Friday. More than 700,000 people have been affected by the worst flooding in the country for nearly 60 years, the U.N. refugee …
Floods cut off communities in South Sudan’s Unity state Read 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 …
Advocates welcome Taliban decree barring forced marriages but call for more Read More »
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 …
Canadian grocery retailer Loblaw wins offshore tax case in top court Read More »
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 …
BioNTech CEO says vaccine upgrade on the cards, ready to move quickly Read More »
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 …
BioNTech CEO says vaccine upgrade on the cards, ready to move quickly Read More »
By John Irish DUBAI (Reuters) -The United Arab Emirates ordered 80 Rafale fighter jets and 12 military helicopters on Friday, deepening economic and political ties with France through an arms contract worth 17 billion euros ($19.20 billion). The largest ever overseas sale of the French warplane was sealed as French President Emmanuel Macron began a …
Cementing ties with France, UAE places $19 billion order for warplanes, helicopters Read More »
