Author Archives: Reuters

Japan proceeds with sales tax hike

TOKYO: Japan rolled out a twice-delayed increase in the sales tax to 10 percent from 8 percent yesterday, a move that is seen as critical for fixing the country’s tattered…

Citigroup woos start-ups for growth

NEW YORK: At an event hosted by Citigroup Inc this month, its dealmakers sat executives from major consumer-product companies alongside rivals trying to disrupt their businesses. The idea, bankers said,…

UK retailers bristle at no-deal Brexit

LONDON: A British demand for supermarkets to prepare for a potentially chaotic no-deal Brexit by stockpiling food is stoking anger in the industry, with bosses saying they should not be…

Chile renews lithium-for-tech push

SANTIAGO: Chile is making a renewed push for battery technology investment in return for access to its lithium deposits, piquing interest from China, Japan and Europe as global firms look…