Business

China to Wall Street: regulatory crackdown not aimed at restricting private firms

BEIJING/HONG KONG (Reuters) – China’s sweeping regulatory crackdown of recent months does not aim to rein in the country’s private enterprises or decouple from the United States or international financial markets, a top Chinese regulatory official told Wall Street leaders last week.FILE PHOTO: A street sign for Wall Street is seen outside the New York […]

Business

Biden to meet with bipartisan senators to discuss infrastructure plan

WASHINGTON (Reuters) – President Joe Biden will meet with a bipartisan group of U.S. senators on Thursday to discuss their proposed framework for an infrastructure bill as he looks to push a large-scale spending package through Congress despite Republican opposition.U.S. President Joe Biden delivers remarks after a roundtable discussion with advisors on steps to curtail […]

Business

The Teamsters consider a new emphasis on organizing Amazon workers.

The International Brotherhood of Teamsters, which represents over one million workers in North America in industries including parcel delivery and freight, will vote on whether to make it a priority to organize Amazon workers and help them win a union contract. “Amazon is changing the nature of work in our country and touches many core […]

Business

Brazil Congress approves main text of Eletrobras privatization bill

BRASILIA (Reuters) – Brazil’s lower house of Congress on Monday approved the main text of a bill allowing the privatization of state-controlled energy giant Eletrobras, with the measure to advance to President Jair Bolsonaro for approval after amendments are considered.FILE PHOTO: Power lines connecting pylons of high-tension electricity are seen during sunrise near Brasilia, Brazil […]

World News

Japan PM Abe tells Trump strengthening of Japan-U.S. alliance will remain

TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe told U.S. President Donald Trump that a strengthening of the two nations’ alliance will remain in place even after Abe’s departure, a Japanese government spokesman said on Monday. In a phone call lasting about 30 minutes, Abe explained his decision on Friday to resign as prime minister, […]

World News

U.N. chief regrets North Korea decision to cut hotlines with South

NEW YORK (Reuters) – U.N. Secretary-General Antonio Guterres regrets that North Korea has severed hotlines with South Korea, warning that such channels “are necessary to avoid misunderstandings or miscalculations,” a U.N. spokesman said on Wednesday. Pyongyang’s decision, announced by the KCNA state news agency on Tuesday, marks a new setback to stalled efforts to persuade […]

World News

India combats locust attack amid Covid-19 pandemic

An invasion by desert locusts has hit large swathes of India and Pakistan in the middle of the coronavirus pandemic. Large and aggressive swarms of these crop-devouring short-horned insects have invaded more than two dozen districts covering more than 50,000 hectares of desert areas of western India. Rajasthan, Madhya Pradesh and Gujarat are the worst […]