International News
EU Commission asks six member states to ease Covid-19 border restrictions
The European Commission asked six member states on Tuesday to curb their Covid-19 restrictions regarding borders and international travel.
2150 launches $240m fund to reduce largest cities' carbon footprint
A new venture capital fund “2150”, with a budget of $240m, is set to launch with the aim of reducing the carbon footprint of the world's largest cities by investing in green tech.
Federal Reserve's Powell says monetary policy will remain 'accommodative'
The head of the US central bank said policy would remain "accommodative" until labor market slack had been absorbed, potentially pointing to an extended period of low interest rates.
Spotify to launch in 85 more countries
Audio streaming company Spotify announced it was planning to expand into 85 more countries.
Over 6,500 migrant workers have died in Qatar as it readies for World Cup
More than 6,500 migrant workers from India, Pakistan, Nepal, Bangladesh and Sri Lanka have died in Qatar in the last 10 years since the country won the right to host the World Cup, reported the Guardian on Tuesday.
Estee Lauder to raise stake in Ordinary in $1bn deal
Cosmetics maker Estee Lauder said on Tuesday it would raise its stake in DECIEM Beauty Group, parent of Ordinary skincare brand, to about 76% from 29% in a deal worth $1bn.
US pre-open: Futures mostly lower ahead of Powell testimony
Wall Street futures were mostly lower ahead of the bell on Tuesday as steep losses in tech shares dragged down both the S&P 500 and the Nasdaq Composite ahead of some hotly awaited comments from Fed chairman Jerome Powell.
Wells Fargo to sell asset management business for $2.1bn
Wells Fargo said on Tuesday that it has agreed to sell its asset management business to private equity firms GTCR and Reverence Capital Partners for $2. 1bn.
Eurozone inflation rebounds sharply in January
Eurozone inflation rebounded in January, according to official data released on Tuesday, ending months of falling prices.