30 May

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Ethiopians criticise United States at pro-government rally By Reuters

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By Dawit Endeshaw ADDIS ABABA (Reuters) - Ethiopian pro-government demonstrators denounced the United States on Sunday for imposing restrictions on aid over the Tigray conflict, at a massive rally organised by the authorities to show support for their positions. More than 10,000 people attended the rally, some carrying banners written in English, Arabic and Amharic. Slogans included: "USA show us your neutrality", "Ethiopia doesn't need a caretaker", and "Fill the dam", a reference to a huge Nile dam opposed by Egypt and Sudan. The demonstration was larger than typical pro-government rallies, and the public criticism of...

30 May

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UK’s Vodafone to build research centre in Dresden By Reuters

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BERLIN (Reuters) - British telecoms group Vodafone (LON:VOD) will build a global research and development centre for 5G and 6G technologies and for automotive solutions in Dresden, Germany, it said on Sunday. The world's second largest mobile operator aims to develop new applications in the fields of smart mobility, farming and chemistry and create around 200 jobs at the site, the statement said. Dresden was selected over seven other sites, Vodafone said. ...

30 May

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UK’s Sunak says deal to be done on tax at G7, but tech must pay fair share By Reuters

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LONDON (Reuters) -British finance minister Rishi Sunak said there was a deal to be done with the United States on tax but big tech firms would have to pay their fair share in return for British backing for Washington's corporation tax proposals. The United States has proposed a global minimum corporation tax rate of 15%, well below G7 levels, but above those in some countries such as Ireland. But Britain remains concerned the plans do not go far enough on taxation of tech giants such as Amazon (NASDAQ:AMZN), Google (NASDAQ:GOOGL) and Facebook (NASDAQ:FB). "We need...

29 May

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Russia confirms second loan for Belarus, raises issue of detained citizen By Reuters

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MOSCOW (Reuters) -Russia will move ahead with a second $500 million loan to Belarus next month, following talks between the two countries' leaders amid uproar in the West over the grounding of a passenger jet in Minsk and the arrest of a dissident blogger. President Vladimir Putin and Belarusian leader Alexander Lukashenko held a second day of talks, as well as a yacht tour, in the southern Russian city of Sochi on Saturday, as the Russian leader showed his longstanding ally support in this latest standoff with the West. Russia promised Belarus a $1.5 billion...

29 May

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Russia approves Air France, Lufthansa routes avoiding Belarus By Reuters

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(Lufthansa corrects number of weekly Moscow flights to seven from four in last paragraph) PARIS/BERLIN (Reuters) -Air France and Lufthansa have received approval from Russia for flight routes to the country that avoid Belarusian airspace, the airlines said on Saturday. The European Union Aviation Safety Agency (EASA) has advised domestic and foreign airlines to avoid Belarusian air space following the May 23 forced landing in Minsk of a Ryanair jet en route to Lithuania from Greece, and the arrest of a dissident journalist on board. Air France said its new flight path to Moscow started...

29 May

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Italy approves reform decree to unlock EU Recovery funds By Reuters

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By Giuseppe Fonte and Gavin Jones ROME (Reuters) - The Italian government approved a decree on Friday setting out how it will oversee investments funded by the European Union and accelerating procedures for public works, a key step in unlocking the EU funds. The reforms were promised to the European Commission to get a green light for Rome's Recovery Plan and obtain a first tranche by August of the 205 billion euros ($250 billion) in grants and cheap loans it is due to receive from Brussels. The decree, which was the subject of tense...

29 May

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SNB Chairman sees only modest inflation risk in Switzerland – Schweiz am Wochenende By Reuters

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ZURICH (Reuters) - Swiss National Bank (SNB) Chairman Thomas Jordan sees only modest inflation risk in Switzerland as the central bank maintains cautious optimism for global economic recovery, he said in a newspaper interview published on Saturday. "In Switzerland, we believe the inflation risk is modest," Jordan said in the interview with Swiss newspaper Schweiz am Wochenende. "Until recently inflation here was even negative, meaning consumer prices were falling slightly, now it's back in positive territory. The National Bank expects moderate inflation." Echoing remarks made on Tuesday, Jordan said the country's economy was not overheating and...

29 May

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U.S. drawing up targeted sanctions on Belarus officials after plane incident By Reuters

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WASHINGTON (Reuters) - The Biden administration said on Friday it is drawing up a list of targeted sanctions against key members of the Belarusian government following the former Soviet republic's forced landing of a passenger jet and arrest of a journalist on board. White House spokeswoman Jen Psaki said the United States was also suspending a 2019 agreement between Washington and Minsk that allowed carriers from each country to use the other's airspace, and taking other actions against the government of President Alexander Lukashenko. In a statement, she called on Lukashenko to allow a credible...

29 May

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Tilray May be Returning to Meme Status By Investing.com

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By Christiana Sciaudone Investing.com -- Is Tilray (NASDAQ:TLRY) making a meme stock comeback? If we're going by Reddit chatter, then probably. Shares are up 9% as retail traders have been abuzz over the pot stock for the past few days. For example:Tilray Is looking very bullish!! Now that hedgies are running out of shorts because of "meme stocks," we can expect some nice gains these next few days! Get ready! Lets get this stock where it should be! *Not financial advice, im a dumb ape smoking a phat joint LOOKING GOODTilray is gooing UP again!!! I’m...

29 May

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AMD Gains as Benchmark Upgrades on Potential For Higher Server Marketshare By Investing.com

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By Dhirendra Tripathi Investing – Advanced Micro Devices (NASDAQ:AMD) was up more than 2% Friday as Benchmark upgraded the stock to a buy expecting the chipmaker to grab share from Intel (NASDAQ:INTC) in the server market. Analyst Cody Acree sees the stock at $100 from its current level of $80. The analyst noted that AMD's market share in servers is "very small" and doesn’t capture its design win and customer engagement capabilities. “We expect AMD’s leadership to continue to drive share gains for at least the next few years," Acree said in a note. Thursday,...

Меню

News

Ethiopians criticise United States at pro-government rally By Reuters

UK’s Vodafone to build research centre in Dresden By Reuters

UK’s Sunak says deal to be done on tax at G7, but tech must pay fair share By Reuters

Russia confirms second loan for Belarus, raises issue of detained citizen By Reuters

Russia approves Air France, Lufthansa routes avoiding Belarus By Reuters

Italy approves reform decree to unlock EU Recovery funds By Reuters

SNB Chairman sees only modest inflation risk in Switzerland – Schweiz am Wochenende By Reuters

U.S. drawing up targeted sanctions on Belarus officials after plane incident By Reuters

Tilray May be Returning to Meme Status By Investing.com

AMD Gains as Benchmark Upgrades on Potential For Higher Server Marketshare By Investing.com

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