(Reuters) -World and Olympic champion Sun Yang’s hopes of competing at the Tokyo Games ended on Tuesday when the Court of Arbitration for Sport (CAS) reduced the Chinese swimmer’s ban for doping violations...
Iran’s Raisi says quick COVID-19 vaccination to top his plans
DUBAI (Reuters) – Iran’s President-elect Ebrahim Raisi vowed on Tuesday his government would start rapid COVID-19 vaccinations to help relaunch an economy at the epicentre of the pandemic in the Middle East...
GameStop raises more than $1 billion in latest share offer
(Reuters) -Videogame retailer GameStop Corp said on Tuesday it had raised about $1.13 billion in its latest share offering, cashing in further on a social-media-driven surge in its stock price. The company, whose shares...
Zimbabwe expects 2.5 million Chinese COVID-19 vaccines by month end
HARARE (Reuters) – Zimbabwe expects to receive 2.5 million COVID-19 vaccines from China by the end of this month as it seeks to boost its vaccination drive after several centres ran out of doses, which caused...
Even after Biden tax hike, U.S. firms would pay less than foreign rivals
By Tom Bergin (Reuters) – U.S. companies pay less income tax than their overseas competitors and would likely continue to do so under a tax hike proposed by President Joe Biden, according to a Reuters analysis of...
Krispy Kreme eyes near $4 billion valuation in U.S. IPO
(Reuters) -Krispy Kreme Inc is targeting a valuation of nearly $4 billion in a U.S. initial public offering, according to a regulatory filing on Tuesday, as the donut chain aims a return to the stock market to...
Analysis: India e-commerce rules cast cloud over Amazon, Walmart and local rivals
By Aditya Kalra NEW DELHI (Reuters) – New Indian e-commerce rules will raise costs for all online retailers but particularly Amazon and Walmart’s Flipkart as they may have to review their business...