Town Hall News

By Richa Naidu LONDON (Reuters) – As a new European Union zero-tolerance deforestation law looms, several major investors told Reuters they are concerned about their exposure to the issue, with some saying they could quit consumer goods makers with “risky” supply chains. The EU agreed in December a new rule to prevent companies from selling into its market coffee, beef, soy, rubber, palm oil and other commodities linked to deforestation. […]

By Richa Naidu LONDON (Reuters) – As a new European Union zero-tolerance deforestation law looms, several major investors told Reuters they are concerned about their exposure to the issue, with some saying they could quit consumer goods makers with “risky” supply chains. The EU agreed in December a new rule to prevent companies from selling into its market coffee, beef, soy, rubber, palm oil and other commodities linked to deforestation. […]

By Jan Lopatka and Robert Muller PRAGUE (Reuters) -Taiwan wants to secure peace and stability by maintaining the status quo in its relationship with neighbouring China and needs the support of European states to do so, Taiwan Foreign Minister Joseph Wu said on Wednesday. “In order for Taiwan to stay strong and resilient and to have the courage to continue the policy of maintaining the status quo, we do need […]

By Dave Sherwood and Matt Spetalnick BEJUCAL, Cuba (Reuters) – Just outside the sleepy Cuban village of Bejucal, a winding track, rutted with potholes and losing ground to the jungle, ends at a barbed wire fence. A sign warns: “KEEP OUT, MILITARY ZONE.” What lies beyond remains largely a mystery, though the U.S. government has long suspected that China runs an intelligence gathering operation in this village that once hid […]

By Siddharth Cavale NEW YORK (Reuters) – ONE, a fintech company backed by Walmart Inc, is offering 5% interest on savings accounts of up to $100,000 as of Wednesday, a source close to the company said, as the battle for consumer deposits intensifies. The rate is more than 12 times the national average of 0.4%, the source said, citing Federal Deposit Insurance Corporation data. Apple Inc began offering 4.15% on […]

By Dave Sherwood and Matt Spetalnick BEJUCAL, Cuba (Reuters) – Just outside the sleepy Cuban village of Bejucal, a winding track, rutted with potholes and losing ground to the jungle, ends at a barbed wire fence. A sign warns: “KEEP OUT, MILITARY ZONE.” What lies beyond remains largely a mystery, though the U.S. government has long suspected that China runs an intelligence gathering operation in this village that once hid […]

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google was charged by EU antitrust regulators with anti-competitive practices in its digital advertising business on Wednesday and may have to sell part of this business to address their concerns. The European Commission set out its charges in a statement of objections, two years after it opened an investigation into the case. “The Commission takes issue with Google favouring its own online […]

(Reuters) – North Korea has registered to participate in this year’s Asian Games in China, a move that could potentially mark the country’s comeback to the international sports stage after the COVID-19 pandemic, Kyodo reported on Wednesday. The Asian Games will take place in Hangzhou, China, from Sep. 23 to Oct. 8, a year after being postponed due to the COVID-19 pandemic, but it is not known if North Korea […]

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google was charged by EU antitrust regulators with anti-competitive practices in its digital advertising business on Wednesday and may have to sell part of this business to address their concerns. The European Commission set out its charges in a statement of objections, two years after it opened an investigation into the case. “The Commission takes issue with Google favouring its own online […]