Brazil dam collapse Communities hit by a dam disaster in Brazil two years ago which killed 270 people will get a $7bn (£5bn) payout. The Brumadinho dam contained waste from an iron ore mine but gave way, unleashing a sea of mud which engulfed a staff canteen, offices and farms. Senior staff at the company […]
By Graham Fahy, William James DUBLIN/LONDON (Reuters) – Britain demanded a two-year extension on Wednesday to a grace period for checks on goods going between Northern Ireland and other parts of the United Kingdom, in a row that threatens to reopen the rift that bedevilled years of Brexit talks. British and EU officials were expected later […]
By Alasdair Pal, Saurabh Sharma NEW DELHI (Reuters) – Hundreds of police guarded the historic Red Fort in the heart of the Indian capital on Wednesday following violent clashes between farmers and authorities in which one person was killed and at least 80 injured. Tens of thousands of farmers, protesting against reforms of the agriculture sector […]
By Reuters Staff FILE PHOTO: U.S. President Joe Biden speaks about administration plans to strengthen American manufacturing during a brief appearance in the South Court Auditorium at the White House in Washington, U.S., January 25, 2021. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – U.S. President Joe Biden spoke to Russian President Vladimir Putin on Tuesday for the first […]
By Kevin Peachey Personal finance correspondent, BBC News Some Barclaycard customers will see their minimum repayments rise from Tuesday, at a time when finances are already stretched owing to Covid and Christmas. The new requirements are tailored to each customer, although some may see a significant rise in demands. But the changes will also see […]
China has overtaken the US as the world’s top destination for new foreign direct investment, according to UN figures released on Sunday. New investments into America from overseas companies fell by almost half last year, leading to the loss of its number one status. In contrast, UN figures show direct investment into Chinese firms climbed […]
By Daniel Thomas Business reporter, BBC News Brexit UK firms that export to the EU say they are being encouraged by the government to set up subsidiaries in the bloc to avoid disruption under new trade rules. Firms have been hit by extra charges, taxes and paperwork, leading some to stop exporting to the EU […]
Alibaba Group founder Jack Ma has made his first appearance since Chinese regulators cracked down on his business empire. His absence had fuelled speculation over his whereabouts amid increasing official scrutiny of his businesses. The billionaire met 100 rural teachers in China via a video meeting on Wednesday, according to local government media. Alibaba shares […]
By Kevin Peachey Personal finance correspondent Coronavirus pandemic A refusal to accept cash is “creeping into the wider UK economy”, an expert has said, after a survey suggested coronavirus had hastened a shift towards a cashless society. Consumer group Which? said that 34% of people asked said they had been unable to pay with cash […]
By Reuters Staff BENGALURU (Reuters) – Indian shares ended at a more than one-week low on Monday, weighed down by non-bank financial companies (NBFCs) on fears over possible tighter rules for the sector, although gains in heavyweights HDFC Bank and Reliance Industries capped losses. The blue-chip NSE Nifty 50 index fell 1.06% to close at 14,281.3, […]