Page 1119 - Reuters

G7 finance ministers meet in London to broker global tax deal

The gathering, chaired by British finance minister Rishi Sunak, is the first time the ministers have met face-to-face since the start of the coronavirus pandemic

Explained: What is a global minimum tax and what will it mean?

Major economies are aiming to discourage multinationals from shifting profits - and tax revenues - to low-tax countries regardless of where their sales are made.

US leisure, hospitality pay surges to a record. Now will workers come?

Hotels, restaurants and other businesses are boosting pay as they try to rebuild their staffs and meet increasing demand from Americans ready to venture out

Wall Street: Investors eye Washington talks after big rally in infra shares

Expectations of spending from Washington on bridges, roads, and tunnels bolstered so-called value stocks, especially the industrials and materials sectors

Microsoft blames error for no matching Bing images for Tiananmen 'tank man'

Users, including in the United Kingdom, Germany and Singapore, reported Friday that when they performed the search Bing returned the message, "There are no results for tank man"

Global stocks nearly grasp all-time record, dollar drops after US jobs data

A stronger-than-expected jobs report would have heightened worries that the Fed might contemplate paring back its bond-buying program and raising interest rates

Microsoft wins US antitrust okay for $16 billion purchase of Nuance

Microsoft Corp has won US antitrust approval for its deal to buy artificial intelligence and speech technology company Nuance Communications Inc, according to a filing made by Nuance to the government

Global M&A activity surges to record high for third straight month

During the five months, 428 deals worth over $1 billion were struck, compared to 131 during the same period last year.

German competition authority launches probe into Google's news showcase

Google said that its Showcase product, which was launched last autumn, was one of many ways it supported journalism

Wall Street rises as jobs report calms inflation worries

The Labor Department's closely watched report showed nonfarm payrolls increased by 559,000 jobs last month, helped by vaccinations and a reopening economy

US job growth picks up in May; unemployment rate declines to 5.8%

Economists polled by Reuters had forecast 650,000 jobs created in May.

WHO warns of 'failure' unless rich countries speed up Covid vaccine sharing

WHO praises US plan to release doses early, says nearly $17-bn funding gap remains

Britain seals post-Brexit trade deals with Norway, Iceland, Liechtenstein

Norwegian Prime Minister Erna Solberg told a news conference in Oslo that "the deal allows for growth in trade for both our countries".

Facebook's marketplace in European Union, UK antitrust crosshairs

Britain's Competition and Markets Authority also announced its own investigation into whether the network is abusing its position

UK approves Pfizer-BioNtech vaccine for use in 12- to 15-year-olds

The regulator said it would now be up to the country's Joint Committee on Vaccination and Immunisation (JCVI) to decide whether to go ahead and inoculate this age group

Tesla's China orders decline by nearly half in May, says report

China is the electric car maker's second-biggest market after the United States

Fauci urges China to release medical records of Wuhan lab workers: Report

Intelligence agencies still examining reports that researchers at a Chinese virology laboratory in Wuhan were seriously ill in 2019 a month before the first Covid-19 cases were reported

Apple working on iPad Pro with wireless charging, new iPad Mini: Report

Apple Inc is working on a new iPad Pro with wireless charging and a redesigned iPad Mini in an attempt to build upon momentum for a category that saw improved sales during the pandemic

Global mergers and acquisition surges to record high for 3rd straight month

During the five months, 428 deals worth over $1 billion were struck, compared to 131 during the same period last year.

Gold prices hit over two-week low on stronger dollar, bond yields

US gold futures dropped 0.5% at $1,864.10 per ounce