(Reuters) -Amazon.com Inc said it has optimized its delivery network coming out of the COVID-19 pandemic, allowing it to increase delivery speeds and lower costs, while also reducing the ecommerce giant’s carbon emissions. The online retailer on Saturday said it has reduced delivery times, reshaped its inventory management system as well as search capabilities to…
By Philip Blenkinsop BRUSSELS (Reuters) – Washington and the EU will pledge joint action to tackle concerns focused on China about non-market practices and coordinate their export controls on semiconductors and other goods at a meeting this month, a draft statement showed. U.S. Secretary of State Antony Blinken, European Commission Vice-President Margrethe Vestager and other…
By Andrea Shalal NIIGATA, Japan (Reuters) -Treasury Secretary Janet Yellen on Saturday called a showdown over raising the U.S. debt ceiling “more difficult” than in the past but said she remained hopeful a solution could be found to avert a first ever U.S. default Yellen told Reuters in an interview on the sidelines of a…
By Joe Cash BEIJING (Reuters) -Australia’s Minister for Trade and Tourism Don Farrell said on Friday he was “pleased” with his talks with his Chinese counterpart in Beijing on removing trade barriers, but added that his visit was “just another step” in stabilising ties. Farrell’s visit to the Chinese capital, the first by an Australian…
TOKYO (Reuters) -The Group of Seven (G7) rich nations is set to agree on establishing a new programme to distribute vaccines to developing countries at next week’s summit of leaders, Japan’s Yomiuri newspaper said on Saturday. In addition to the G7, G20 nations such as India and international groups such as the World Health Organization…
By Andrea Shalal NIIGATA, Japan (Reuters) – British finance minister Jeremy Hunt said on Saturday it would be “absolutely devastating” if the United States failed to reach agreement to raise its debt ceiling and had its gross domestic product “knocked off track”. Hunt told reporters that Group of Seven (G7) finance chiefs in Japan had…
By Christian Kraemer and Leika Kihara NIIGATA, Japan (Reuters) -Finance leaders of the Group of Seven (G7) nations warned on Saturday of mounting economic uncertainty, in a subdued end to a three-day meeting overshadowed by concerns about the U.S. debt stalemate and fallout from Russia’s invasion of Ukraine. The gathering in the Japanese city of…
By Trevor Hunnicutt WASHINGTON (Reuters) -Leaders of the Group of Seven (G7) countries are set to discuss concern about China’s use of “economic coercion” in its dealings abroad as part of their larger joint statement next week, according to a U.S. official familiar with the discussions. The statement, a likely component of the overall communique…
By Leika Kihara NIIGATA, Japan (Reuters) – Many central bank governors from the Group of Seven (G7) rich nations appeared to feel the impact of past interest rate hikes has yet to show fully as they look to guide future monetary policy, Bank of Japan Governor Kazuo Ueda said on Saturday. “Participants seemed to share…
By Xie Yu HONG KONG (Reuters) – Shareholders of China Evergrande New Energy Vehicle Group accepted a proposal to dispose of two subsidiaries in a restructuring, according to a filing with the Hong Kong stock exchange on Friday night. More than 50% of the votes under the EV company, a unit of embattled property developer…
