Page 1356 - Reuters

Wells Fargo to pay $3 bn to US for settling cases in fake-accounts scandal

The agreement resolves the civil and criminal liability regarding Wells Fargo's fake-accounts scandal

Let's come together to tax tech cos, say G20 officials eying $100 bn boost

The taxing of digital firms and the effect of the coronavirus outbreak on the global economy are among the hot topic for G20 financial leaders

Make in India push has made trade talks more difficult: US officials

Apart from growing protectionism, the Trump visit comes against the backdrop of India's multibillion-dollar purchase of a Russian missile shield system

US lawmakers to Introduce Bill that threatens encryption on tech platforms

Online platforms are exempted from letting law enforcement access their encrypted networks

Aramco to win unconditional EU clearance for $69 billion SABIC deal

Riyadh-headquartered SABIC, the world's fourth largest petrochemicals group, has operations in over 50 countries

Too early for accurate figures on coronavirus impact on global growth: IMF

The IMF said last month global growth is projected to rise from an estimated 2.9 per cent in 2019 to 3.3 per cent in 2020

Inside the Philip Morris campaign to 'normalise' a tobacco device

The marketing strategy mimics that of tobacco companies in the mid-20th century, when they started associating cigarettes with Hollywood and high society

Firms in pharma supply chain develop system to track counterfeit drugs

Medicines identified as counterfeit may be contaminated, contain the wrong ingredient, or have no active ingredient at all

Wall Street slides as data shows early business impact of coronavirus

Declines on Friday were led by heavyweights Microsoft Corp, Amazon.com Inc and Apple Inc for a second straight day

Palm posts second weekly fall on demand worries, despite rising exports

The benchmark palm oil contract for May delivery on the Bursa Malaysia Derivatives Exchange closed up 32 ringgit, or 1.23%, at a settlement price of 2,622 ringgit ($626.25)

Investors dump emerging market stocks, hoard bonds amid coronavirus angst

Investors pulled out $2.7 billion out EM stocks funds BofA's latest data crunching showed. The sugar-rush into bond funds attracted another $18 billion

FM unveils Budget 2020 aimed at boosting incomes, spurring economic growth

Govt estimates economic growth this fiscal year, which ends on March 31, will slip to 5% - its weakest pace since the global financial crisis of 2008-09

India raises import tax on crude palm oil to 44% from 37.5% earlier

The hike in import duty on palm oil could prompt buyers to increase purchases of rival edible oils such as soya oil and sunflower oil, traders said

Income Tax slabs to fiscal deficit, all the key points from Budget 2020

Govt estimates economic growth this fiscal year, which ends on March 31, will slip to 5% - its weakest pace since the global financial crisis of 2008-09

Govt revises FY20 fiscal deficit target to 3.8% from earlier target of 3.3%

Sitharaman, who was presenting the annual budget in parliament, also pegged the fiscal deficit target for the year 2020/21 at 3.5% of the GDP

Coronavirus fears roil global markets, Indian shares slip before Budget

With growth in Asia's third-largest economy languishing at its lowest in a decade, the government is likely to increase spending on infrastructure and offer some tax incentives in its 2020/2021 budget

'Optimism and regret': UK papers rejoice, mourn as Britain leaves EU

Britain's partisan papers met Brexit with the same unbridled joy and tearful anguish that was felt across the streets and pubs of Britain on Friday night

Flag-waving Britons cheer as Britain takes departure from European Union

Britain's exit from the EU ends 47 years of union with Europe. It also draws a line under a bitter and divisive wrangle over whether, when and how the country should cut its ties to the bloc

Coronavirus: McDonald's to Toyota, companies fear for business in China

Electrolux said the epidemic could have a material impact if its Chinese suppliers were further affected and that it was implementing contingency plans.

Future US-UK trade deal needs labour, climate protections: US lawmaker

Britain is the closest US ally but the two countries face big hurdles in working out a new trade agreement, including a dispute over Britain's plan to impose a unilateral digital tax