UK approves increased submarine-related exports to Taiwan, risking angering China

13 March 2023, 3:12 pm 1 minute Reuters exclusively reported that Britain approved a sharp increase in exports of submarine parts and technology last year to Taiwan as it upgrades its naval forces, a move that could impact British ties with China. The value of licences granted by the British government to companies for the …

Some investors offering Ethiopia maturity extension on 2024 bond

23 February 2023, 3:50 pm 1 minute Reuters exclusively revealed that an informal group of international bondholders has proposed to Ethiopia’s government to extend the maturity of the country’s $1 billion eurobond issue coming due in 2024. The sources said the proposal to extend the eurobond maturity foresees a coupon of 6.625% – the same …

India plans new security testing for smartphones, crackdown on pre-installed apps

Technology 14 March 2023, 3:09 pm 1 minute Sources exclusively revealed to Reuters that India plans to force smartphone makers to allow removal of pre-installed apps and mandate screening of major operating system updates under proposed new security rules. The plan for new rules, details of which have not been previously reported, could extend launch …

Netflix making preparations to open Vietnam office

Business & FinanceEconomy 24 February 2023, 4:04 pm 1 minute Reuters exclusively reported that U.S streaming giant Netflix Inc (NFLX.O) is preparing to open an office in Vietnam after years of negotiations with authorities and completing a risk assessment. A local office would make Netflix the first major U.S tech firm with a direct presence …

ECB likely to stick to big rate hike despite banking turmoil

Business & Finance 15 March 2023, 2:52 pm 1 minute In the wake of an exclusive Reuters report, financial markets adjusted expectations around future euro rate rises. Reuters reported that the European Central Bank was still leaning towards a 50-basis point hike, despite volatility after the Silicon Valley Bank collapse. The Reuters report, which prompted …

Inclusive Capital’s Jeff Ubben named to Vistry board. What could happen next

A contractor operates a roller on the construction site of the HS2 Ltd. Old Oak Common super-hub railway station, in view of the Vistry Partnerships regeneration project Oaklands House, in London, U.K., on Wednesday, June 23, 2021. Luke McGregor | Bloomberg | Getty Images Company: Vistry Group (VTY.L) Business: Vistry Group operates as a housebuilder …

Stocks making the biggest moves premarket: DB, COIN, SQ, MRO

A Deutsche Bank AG flag flies outside the company’s office on Wall Street in New York. Mark Kauzlarich | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. Deutsche Bank — The German lender’s shares tumbled 13% following a spike in credit default swaps — a form of insurance for a …

Reuters reveals scores of Google rivals want EU tech law used in antitrust case

Technology 17 October 2022, 6:22 pm 1 minute Reuters exclusively revealed more than 40 European rivals to Google’s shopping service urged European Union (EU) antitrust regulators to use newly adopted tech rules to ensure the Alphabet unit complies with a 2017 EU order to allow more competition on its search page. The European Commission fined …

7 Crypto Miners That Are Minting Money

Bitcoin (BTC-USD) has gone on an impressive run over the past two weeks, rallying 38%. In fact, the cryptocurrency looks like it may be on its way back to $30,000. Not only is that great news for BTC investors, but it’s also a solid catalyst for crypto miners. That’s because mining revenue depends on the …

7 Stocks to Sell in March Before They Crash and Burn

While there’s something romantic about taking a shot on an underappreciated enterprise, a countervailing narrative also exists, which brings us to the topic of stocks to sell. To be sure, very few people enjoy discussing this subject (especially if you own the shares mentioned). However, it’s unavoidable. At some point, you’re going to have to …