Swiss voters approve 'Lex Netflix' TV streaming funding law

ZURICH (Reuters) -Swiss voters on Sunday backed proposals to make global TV streaming services such as Netflix Inc, Amazon and Disney invest some of their revenues generated in Switzerland into domestic film-making.

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15-05-2022

Peru economy grows 3.79% in March, weighed down by mining protests

Peru's economy grew 3.79% in March compared with a year earlier, the country's statistics agency said on Sunday, with most sectors of the economy showing improvement, while the key mining industry shrank due to social conflicts hitting production.

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15-05-2022

Detroit Three automakers reinstate mask mandate at some Michigan facilities

General Motors Co, Ford Motor Co and Chrysler parent Stellantis NV said on Sunday they are reinstating a requirement that employees wear masks in southeastern Michigan where there are high levels of COVID-19.

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15-05-2022

Deutsche Bank not financing controversial African oil pipeline, source says

Deutsche Bank is not financing a pipeline in Africa that environmental campaigners have said will displace thousands of families and disrupt nature reserves, a person with knowledge of the matter said on Sunday.

newspaper

15-05-2022

Swiss voters look set to approve 'Lex Netflix' TV streaming funding law

ZURICH (Reuters) -Swiss voters on Sunday looked set to back proposals to make global TV streaming services such as Netflix Inc Amazon and Disney invest some of their revenues generated in Switzerland into domestic film-making.

newspaper

15-05-2022

Deutsche Bank is not financing controversial African pipeline - source

Deutsche Bank is not financing a controversial pipeline in Africa that environmental campaigners have said will displace thousands of families and disrupt nature reserves, a person with knowledge of the matter said on Sunday.

newspaper

15-05-2022

Saudi Aramco net profit soars 82% in Q1 on high oil prices

DUBAI (Reuters) -State-owned oil producer Saudi Aramco on Sunday reported an almost 82% rise in first-quarter net profit, broadly in line with analyst forecasts, helped by strong oil prices.

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15-05-2022

Saudi bourse's quarterly profit falls on lower trading services, listing fees

Saudi Tadawul Group, the kingdom's stock exchange operator, posted a 21.7% decline in first quarter net profit on Sunday on a slowdown in trading services and listing fees.

newspaper

15-05-2022

UniCredit, Citi consider swapping assets with Russian institutions - FT

UniCredit SpA and Citigroup are exploring asset swaps with Russian financial institutions as western banks trying to avoid heavy writedowns as they exit Russia, the Financial Times said on Sunday.

newspaper

15-05-2022