FRANKFURT, May 14 (Reuters) – European Central Bank policymakers set the stage for a June 10 showdown over the future of their COVID-19 emergency bond purchases when they met in April but stopped short of discussing their next move, the account of their meeting showed on Friday.The ECB, which is already providing record support, has…
Prime Minister Boris Johnson expects an easing of Britain’s COVID-19 lockdown to go ahead on Monday, his spokesman said, after concerns were raised over the spread of a coronavirus variant first detected in India.”We’ve announced the changes that are taking place on Monday and the prime minister said yesterday himself he expects they will go…
Japanese Prime Minister Yoshihide Suga said on Friday that a state of emergency was being extended to a broader area due to a rapid rise of coronavirus cases in those regions.But he added that holding a “safe and secure” Olympic games was possible if tight preventive measures were implemented that would keep ordinary Japanese from…
China’s Semiconductor Manufacturing International Corp (SMIC) (0981.HK) said on Friday that demand for chips exceeds supply, and raised its expectations for sales for the first half of the year.”Our current capacity could not fulfill customer needs, and products in every market segment faced shortages,” Zhao Haijun, co-chief executive of SMIC, said in a company earnings…
Amazon.com Inc is in talks with Japanese power utilities and trading houses to build a renewable power plant in Japan to procure clean energy for its local data centres, the Nikkei reported late on Thursday.
Japan’s government is not considering crafting a supplementary budget to respond to the coronavirus pandemic immediately given there’s still money left to tap in the emergency budget reserve, Finance Minister Taro Aso said on Friday.Earlier in the day, the cabinet decided to spend 512 billion yen ($4.67 billion) in the budget reserve to secure coronavirus…
Former Canadian Finance Minister Bill Morneau breached conflict-of-interest rules by not recusing himself when the government awarded a contract to a charity he had close ties to, independent ethics commissioner Mario Dion said on Thursday.In a parallel probe, Prime Minister Justin Trudeau was cleared of having broken any ethics rules when WE Charity was tapped…
The U.S. Department of Labor on Thursday delayed until November 2022 the effective date of a Trump administration rule significantly raising the minimum wages employers must pay to highly skilled H-1B visa holders.DOL in the rule said that putting off the new wage rates for 18 months “will provide a sufficient amount of time to…
A Pennsylvania federal judge has whittled down employees’ claims against convenience store chain Wawa Inc in litigation over a 2019 data breach of its point-of-sale systems.U.S. District Judge Gene Pratter in Philadelphia on Wednesday granted Wawa’s motion to dismiss a set of claims over an alleged failure to pay assistant general managers overtime wages, while…
During a typical spring, the silver young salmon swimming in long tanks at the Nimbus Fish Hatchery east of Sacramento would be released into the American River and then make their way out to the Pacific Ocean to grow to adulthood.
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