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Business
Luxembourg Fund Industry Is a $5.4 Trillion ‘Black Box,’ Investigation Says
LONDON—Luxembourg’s investment fund industry is a financial “black box” that helps people launder illicit money and avoid tax, according to an investigation published on Monday whose findings were rejected by ...
February 9, 2021
BY
Reuters
Entrepreneur Creates New Internet Browser to Promote Free Speech
A software startup company has created a new internet browser that offers a number of privacy solutions, has ...
February 9, 2021
BY
Ella Kietlinska
and
Joshua Philipp
GOP Lawmakers Warn Fed Against Greening of US Banking System
WASHINGTON—Soon after the November 2020 presidential election, the Federal Reserve declared climate change as a potential threat to ...
February 9, 2021
BY
Emel Akan
Ethereum Gets Bulk of Crypto Flows in Latest Week: CoinShares
NEW YORK—Investment inflows into cryptocurrency funds and products amounted to $245 million last week, with 80 percent of ...
February 9, 2021
BY
Reuters
UK Consumer Spending Plunges as New Lockdown Bites: Barclaycard
LONDON—Spending by British consumers plunged in January at the fastest rate in seven months as the country went ...
February 9, 2021
BY
Reuters
Broker Robinhood Sued Over Student Trader’s Suicide
The family of a 20-year-old stock trader who committed suicide sued the broker Robinhood for his death, citing ...
February 9, 2021
BY
Reuters
What Recovery? Clothes Retailers Cut Orders While Factories Fight to Survive
LISBON/DHAKA—Clothes retailers in Europe and America sit on excess inventory and cut back on spring orders. Sourcing agents ...
February 9, 2021
BY
Reuters
Global Firms Raise $546 Billion in January as SPAC Frenzy Continues
Companies raised $546 billion from new bond and share issues in January, as a flood of central bank ...
February 9, 2021
BY
Reuters
Eurozone Inflation Surges, a Communications Headache for ECB
BRUSSELS—Eurozone consumer inflation rebounded by much more than expected in January, a flash estimate showed on Feb. 3, ...
February 9, 2021
BY
Reuters
Eurozone Downturn Deepened in January as Lockdowns Hit Services
LONDON—The eurozone’s economic downturn deepened in January as renewed restrictions to quell the spread of the coronavirus hit ...
February 9, 2021
BY
Reuters
Days Before Coup, IMF Sent Burma $350 Million in Emergency Aid; No Precedent for Refund
WASHINGTON—The International Monetary Fund sent $350 million in cash to the Burma (also known as Myanmar) government two ...
February 9, 2021
BY
Reuters
Jeff Bezos Would Owe $2 Billion a Year If Washington Passes Proposed Wealth Tax
Amazon founder Jeff Bezos, one of the richest men in the world, would owe some $2 billion a ...
February 9, 2021
BY
Zachary Stieber
Commerzbank CEO Finalizes Plans to Cut 10,000 Jobs, Close Branches
FRANKFURT—Commerzbank Chief Executive Manfred Knof on Feb. 3 finalized plans to cut 10,000 jobs and close hundreds of ...
February 9, 2021
BY
Reuters
Lawmakers Challenge HSBC on Hong Kong Activist’s Frozen Accounts
An international coalition of lawmakers has written to HSBC Holdings Chairman Mark Tucker, calling on the bank to ...
February 8, 2021
BY
Reuters
Tesla Buys $1.5 Billion in Bitcoin, Announces Plans to Accept as Form of Payment
Electric car and battery maker Tesla invested $1.5 billion in the cryptocurrency bitcoin, according to a filing made ...
February 8, 2021
BY
Zachary Stieber
Exports From UK to EU Down 68 Percent Since Brexit Trade Deal, Say Hauliers
LONDON—Exports from Britain to the European Union fell by 68 percent in January as trade was disrupted after ...
February 7, 2021
BY
Reuters
Vouchers Provide $19 Million Boost to the SA Economy
A second round of accommodation vouchers designed to help the tourism sector during the COVID-19 pandemic has provided ...
February 6, 2021
BY
AAP
2050 Target May Exclude Agriculture: Deputy PM
Australia may follow New Zealand in excluding the agriculture sector in its efforts to achieve a net zero ...
February 6, 2021
BY
AAP
Australian E-bike Demand Gears up Post-Lockdown
An e-bike sales spike has been attributed to pent-up demand from Australians coming out of lockdown, as purchases ...
February 6, 2021
BY
AAP
Victorian Govt Backs in ‘Hydrogen Hub’ Based at Swinburne University
The Victorian government has tipped $10 million into a hub in Melbourne's southeast that will test and improve ...
February 6, 2021
BY
AAP
Fox News Cancels Lou Dobbs’ Weekday Business Show
LOS ANGELES—Fox Corp's Fox Business Network has canceled "Lou Dobbs Tonight," a weekday program hosted by the business ...
February 5, 2021
BY
Reuters
Twitter Refused to Take Down Child Sex Abuse Content and Profited Off It: Lawyer
Lisa Haba, a partner of Haba Law Firm based in Florida, told The Epoch Times that Twitter refused ...
February 5, 2021
BY
Li Hai
and
Jan Jekielek
Labor Board Denies Amazon’s Bid to Block Voting by Mail in Unionization Election
A federal labor board on Friday denied Amazon's request to change an upcoming unionization vote from mail-in to ...
February 5, 2021
BY
Zachary Stieber
Robinhood Lifts Trading Caps on GameStop and Other Stocks
Online brokerage app Robinhood said on Thursday it has removed temporary trading restrictions on all stocks, including GameStop ...
February 5, 2021
BY
Tom Ozimek
Lufthansa Raises 1.6 Billion Euros to Repay German Government Aid
LONDON—German airline Lufthansa said it had issued a 1.6 billion euro ($1.92 billion) bond on Thursday, money that ...
February 5, 2021
BY
Reuters
Boeing to Outsource IT Work to Dell, Eliminate 600 Jobs
SEATTLE—Boeing Co. has said it will outsource a significant amount of information technology work to Dell starting in ...
February 5, 2021
BY
The Associated Press
Google Launches ‘News Showcase’ in Australia as Tech Giant Fends Off Regulation
Google Australia has launched its News Showcase product at the tail-end of a near two-year-long journey by Australian ...
February 5, 2021
BY
Daniel Y. Teng
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TOP NEWS
Microsoft Urges US to ‘Copy’ Australia’s Big Tech Media Law
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$32 Billion for Public Transit in COVID-19 Relief Bill Wasteful: Researcher
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Michigan County GOP Censures Rep. Meijer Over Vote to Impeach Trump
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Wuhan Residents Commemorate COVID-19 Victims During New Year Holiday
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CDC Director: ‘We Need a Lot More Resources in Order to Get the Schools Safe’
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