Top News – Reuters

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  • Final Republican tax bill slashes U.S. corporate rate, voting next week
    on December 16, 2017 at 4:30 am

    WASHINGTON (Reuters) - Congressional Republicans on Friday unveiled the final version of their dramatic U.S. tax overhaul - debt-financed cuts for businesses, the wealthy and some middle-class Americans - and picked up crucial support from two wavering senators ahead of planned votes by lawmakers early next week. […]

  • Fed's rosy economic scenario leaves inflation puzzle for Powell
    on December 16, 2017 at 4:27 am

    WASHINGTON (Reuters) - As incoming Federal Reserve Chair Jerome Powell works through his holiday shopping list, he might consider the nearly 50 percent discount he could get buying Calvin Klein underwear online instead of at the local mall. […]

  • Leading U.S. antitrust senator urges hearing on Disney, Fox deal
    on December 15, 2017 at 10:51 pm

    WASHINGTON (Reuters) - Senator Amy Klobuchar, the top Democrat on the Senate antitrust panel, urged the subcommittee on Friday to hold a hearing on Walt Disney Co's plan to buy a number of Twenty-First Century Fox Inc businesses. […]

  • Engie, Elecnor, Sterlite win licenses to build Brazil power lines
    on December 15, 2017 at 10:03 pm

    SAO PAULO (Reuters) - French energy group Engie SA , Spain's Elecnor , India's Sterlite Power Grid and Brazilian company Neoenergia SA were among winners in a government auction of licenses to build power transmission lines in Brazil. […]

  • U.S. Justice Dept, AT&T settlement talks failed: court filing
    on December 15, 2017 at 9:49 pm

    WASHINGTON (Reuters) - The U.S. Department of Justice and AT&T Inc have held unsuccessful settlement talks over the wireless and pay-TV company's bid to buy movie and TV show maker Time Warner Inc , the two sides said in a court filing on Friday. […]

  • Bitcoin hits new record high as warnings grow louder
    on December 15, 2017 at 8:04 pm

    LONDON (Reuters) - Bitcoin blasted to another all-time high of almost $18,000 on the Bitstamp exchange on Friday, up 9 percent on the day, as warnings grew over the risks of investing in the highly volatile and speculative instrument. […]

  • Tobacco industry trumps as India court cancels stringent health labelling rules
    on December 15, 2017 at 5:42 pm

    NEW DELHI (Reuters) - An Indian court on Friday quashed federal rules that mandated stringent graphic health warnings on tobacco products, lawyers involved in the case said, in a decision seen as a major victory for the tobacco industry and a setback for health advocates. […]

  • India's trade deficit narrows to $13.83 billion in November
    on December 15, 2017 at 12:28 pm

    NEW DELHI (Reuters) - India's trade deficit narrowed to $13.83 billion from $14.02 billion in the previous month, government data showed on Friday. […]

  • Government ignored warnings over GST rollout: sources
    on December 15, 2017 at 12:04 pm

    MUMBAI (Reuters) - The Indian government ignored several warnings from private companies that the complex technology required for a nationwide goods and services tax (GST) to work smoothly was not ready for launch, several people who worked on the project said. […]

  • India raises import tax on cellphones, move to hurt Apple
    on December 15, 2017 at 10:33 am

    NEW DELHI (Reuters) - India has increased the import tax on dozens of electronic products such as mobile phones and television sets, a government statement said, to help curb supplies from overseas and build up the domestic industry. […]

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