Alberta govt to intervene in antitrust review of Rogers, Shaw deal

Canada's Alberta province will intervene in competition tribunal proceedings of a proposed C$20 billion ($15.33 billion) merger between Rogers Communications Inc and Shaw Communications Inc because it will impact the provincial economy, Alberta's attorney general said in a notice on Tuesday.

newspaper

05-07-2022

Japan's KDDI: Telecoms networks back up and running after failure

Japanese wireless carrier KDDI Corp said on Tuesday all telecommunications networks have returned to normal after a nationwide system failure.

newspaper

05-07-2022

Exclusive-China plans $75 billion infrastructure fund to revive economy -sources

BEIJING (Reuters) -China will set up a state infrastructure investment fund worth 500 billion yuan ($74.69 billion) to spur infrastructure spending and revive a flagging economy, two people with knowledge of the matter told Reuters on Tuesday.

newspaper

05-07-2022

Exclusive: China plans $75 billion infrastructure fund to revive economy - sources

China will set up a state infrastructure investment fund worth 500 billion yuan ($74.69 billion) to spur infrastructure spending and revive a flagging economy, two people with knowledge of the matter told Reuters on Tuesday.

newspaper

05-07-2022

China calls virtual talks with Yellen 'constructive'

BEIJING (Reuters) -Chinese Vice Premier Liu He had a "constructive" virtual dialogue with U.S. Treasury Secretary Janet Yellen on Tuesday, with both sides agreeing to better coordinate macro policies, according to China's commerce ministry.

newspaper

05-07-2022

Exclusive: China to set up infrastructure fund worth $75 billion to revive economy - sources

China will set up a state infrastructure investment fund worth 500 billion yuan ($74.69 billion) to spur infrastructure spending and revive a flagging economy, two people with knowledge of the matter told Reuters on Tuesday.

newspaper

05-07-2022

Japan May real wages post biggest drop in nearly 2 years on inflation

Japan's real wages extended a decline in May to post the biggest year-on-year drop in nearly two years, government data showed on Tuesday, as consumer inflation hovering near a seven-year-high outpaced nominal wage growth, reducing households' spending power.

newspaper

05-07-2022

On July 4, Biden says freedoms under assault; urges 'principled patriotism'

Celebrating U.S. Independence Day, President Joe Biden on Monday said freedoms in America were under assault and urged citizens to engage in "principled patriotism" while the country faced economic challenges and national divisions.

newspaper

04-07-2022

Germany to overhaul law to bail out energy firms stricken by Russia woes - draft

The German government will be able to buy stakes in energy companies buckling under the cost of soaring gas import prices, according to draft legislation seen by Reuters, as Berlin bolsters its defences in a deepening economic war with Moscow.

newspaper

04-07-2022