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Markets

Britain launches consultation before starting India trade talks

Britain is launching a 14-week consultation on a future trade deal with India, seeking the views of the public and business before trade minister Liz Truss hopes to begin talks later this year.

Markets

Deputy US Treasury chief sees G7 support for 15%-plus global minimum tax

US Deputy Treasury Secretary Wally Adeyemo said he anticipates strong support from the G7 industrial democracies for the Biden Administration's proposed 15 per cent-plus global minimum corporate tax.

Markets

US chip funding could result in seven to 10 new factories: Officials

US Commerce Secretary Gina Raimondo said on Monday a proposed US$52 billion boost in US government funding for semiconductor production and research could result in seven to 10 new US factories.

Markets

Exclusive – Deputy U.S Treasury chief sees G7 support for 15per cent-plus global minimum tax

U.S. Deputy Treasury Secretary Wally Adeyemo said he anticipates strong support from the G7 industrial democracies for the Biden Administration's proposed 15per cent-plus global minimum corporate tax, which in turn should help solidify support in the U.S. Congress for domestic corporate tax ...

Markets

Oil jumps over 3per cent as fears of Iranian exports ease

Oil prices rose more than 3per cent on Monday as a demand bump fueled by COVID-19 vaccination drives gave traders optimism that the market can absorb any Iranian oil that would come on the market if Western talks with Tehran lead to the lifting of sanctions.

Markets

Walmart blocks emails containing racial slur from being sent through its domain

Walmart Inc said on Monday it had blocked emails containing a racial slur from being sent from its domain, following backlash on social media.

Markets

Analysis: Google’s Starline shows promise and perils of 3D chats

Google's Project Starline 3D videoconferencing system, unveiled last week, is well-timed for a post-pandemic world but still has a long way to go in seamlessly marrying the in-person and the virtual, three people who have used the system say.

Markets

Equities rally, dollar falls as inflation concerns grow

Global equities gained on Monday while the dollar traded near four-month lows against major currencies as investors eye upcoming U.S. inflation readings for guidance on monetary policy.

Markets

Fed’s Bostic: Crypto, stablecoins an ‘area we cannot ignore’

WASHINGTON: The rapid development of cryptocurrency and digital finance generally is “an area we cannot ignore,” Atlanta Federal Reserve President Raphael Bostic said on Monday while pointing to volatility in technologies like bitcoin and their shortcomings as a substitute for traditional ...

Markets

Bank of England’s Bailey calls crypto-currencies ‘dangerous’

Bank of England Governor Andrew Bailey said on Monday that crypto-currencies and similar assets were a danger to the public, reiterating his long-standing concern about them.

Markets

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