Notizia

WASHINGTON (Reuters) -The White House is considering congressional proposals that could tax oil and gas producers' profits in order to provide a benefit to consumers struggling with higher energy prices, a U.S. official said on Thursday.

WASHINGTON (Reuters) -The White House is considering proposals that would tax oil and gas windfall profits in order to provide a benefit to consumers struggling with higher energy prices, a U.S. official said on Thursday.

The White House is looking at and considering a U.S. congressional proposal to tax oil and gas windfall profits, Bharat Ramamurti, deputy director of the National Economic Council, said on Thursday during a Roosevelt Institute panel.

Consumer advocates on Thursday urged U.S. regulators to investigate video game maker Electronic Arts Inc for the misleading use of a digital "loot box" that "aggressively" urges players to spend more money while playing a popular soccer game.

The Reserve Bank of India will concentrate interest rate hikes over the coming months in a relatively short tightening cycle, according to a Reuters poll of economists who expect the repo rate to reach its terminal level early next year.

Fashion giant Zara's owner Inditex is expected to report bumper first-quarter earnings next week, benefiting from raising prices more than rivals without damaging its sales, analysts said.

The Reserve Bank of India will concentrate interest rate hikes over the coming months in a relatively short tightening cycle, according to a Reuters poll of economists who expect the repo rate to reach its terminal level early next year.

India's government in April launched its Open Network For Digital Commerce (ONDC) as a prospective alternative to dominant global giants Amazon.com and Walmart in its fast-growing e-commerce market.

NEW DELHI (Reuters) -India's effort to break Amazon Inc and Walmart Inc's dominance of its e-commerce sector, by establishing its own open network, has begun lining up banks and other key players needed to move it forward, sources familiar with the matter said.