Newsletter
Indian law enforcement agencies summon Amazon and Future Group
The Indian Economic Crime Agency has summoned officials from Amazon.com Inc. (O: AMZN) and its war partner Future Group on a case related to alleged violation of foreign investment rules, according to sources with direct knowledge of the matter.
Tesla withdraws application for state funding for German battery factory
Tesla (NASDAQ: TSLA) said Friday that it withdrew its state aid application for its proposed battery factory near Berlin as CEO Elon Musk stated the electric vehicle maker is opposed to all subsidies.
Michigan laboratory sues marijuana regulator
The company, which is at the center of Michigan’s largest marijuana recall to date, filed a lawsuit against the state marijuana regulator on Monday. The recall, published last week, affects more than 400 outlets across Michigan and represents an estimated …
Chinese Evergrande Stadium taken over by the government
A state body has taken over the China Evergrande Group's soccer stadium to sell, a person with direct knowledge of the matter told Reuters as the indebted real estate developer struggles to meet its debt.
Fear of viruses leads to weak stocks and oil prices
On Wall Street, stocks plunged on the Friday after the reopening after Thanksgiving, while European stocks saw their biggest sell-off in 17 months, with oil prices plummeting $ 10 a barrel as fears of a new variant of coronavirus kept investors safe Let plants …
New virus variant is shaking the markets
News of a coronavirus variant potentially resistant to current vaccines sent investors fleeing to the safety of the Japanese yen and Swiss franc on Friday, while traders also took profits after an extended rally in the US dollar.
Shares of German cannabis companies rise after approval of legalization
Shares in German cannabis company SynBiotic rose sharply Thursday, shortly after the new government promised to legalize the drug.
What is Biden's $ 1.75 trillion Build Back Better package?
What is Biden's $ 1.75 trillion Build Back Better package? The US's social and climate package is still going to the Senate
EU gas companies prepare pipelines for hydrogen highway
While the heads of state and government were negotiating an agreement to slow down climate change last week, gas engineer Michele Ricciardi was grappling with a practical problem: How can thousands of kilometers of pipelines in Italy and Europe be safely …
Russia's digital ruble is not going to help the country avoid US sanctions
Central bank digital currencies (CBDC) such as the Russian digital ruble do not pose a threat to United States sanctions, according to US Secretary of the Treasury Wally Adeyemo.