Wednesday , April 21 2021

International News

Facebook forges multiyear deal with News Corp in Australia

Bloomberg Facebook Inc. reached a multiyear deal with News Corp. in Australia, agreeing to pay Rupert Murdoch’s publishing arm for access to additional stories. The agreement resolves a dispute in the country between publishers and tech giants over payments for news articles. The deal includes content from News Corp.’s national ...

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India’s move to deter digital monopolies may hit Amazon, Walmart

Bloomberg India’s draft e-commerce rules to prevent creation of “digital monopolies” and aid local startups may raise costs and stymie expansion plans at companies such as Inc. and Walmart Inc. The draft rules seek to prescribe a code of conduct for online retailers and define cross-border flow of user ...

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Philippines sees limited impact from virus surge on economy

Bloomberg The Philippines’ renewed surge in coronavirus infections will have limited impact on the economy as authorities impose localised lockdowns and as vaccinations pick up, Economic Planning Secretary Karl Chua said. The Southeast Asian nation, which will likely remain in recession this quarter, has to manage the spike in cases ...

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Spain approves $13b aid package to help indebted companies

Bloomberg Spain’s government approved an 11 billion-euro ($13 billion) plan to help companies pay down debts accumulated during the pandemic, Economy Minister Nadia Calvino said. The package, which has three parts, will leave companies better poised for the economic recovery, Calvino told journalists during a televised news conference. The announcement ...

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UK’s Johnson seeks new green homes strategy after policy stalls

Bloomberg UK Prime Minister Boris Johnson is working on a major overhaul of one of his government’s most important climate change policies after it failed to deliver. With a budget of 2 billion pounds ($2.8 billion), the Green Homes Grant program launched in September to provide vouchers for homeowners to ...

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