Reuters Financial News

By Indradip Ghosh and Prerana Bhat

MLS) is all set to be kicked off this week. The upcoming MLS season will have a total of 29 soccer teams divided into two conference — East and West. Eastern Conference will have 15 teams and Western segment comprises of 14.

By Greg Roumeliotis

By Francois Murphy

By David Shepardson

By Scott Murdoch and Lewis Jackson

(Corrects comment in second paragraph to say «no ill effects», and not «neural effects»)

LONDON — Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender delivered its first major strategy update since 2016.

climate tax targeting tourists who flock to the Aloha State. If approved, the tax revenue would go towards safeguarding beaches and mitigating the risk of wildfires, providing vital support for environmental conservation efforts across the state, as per a report. Hawaii's proposal to implement a tourist tax aligns with similar measures taken by other popular destinations worldwide. Countries such as Greece, Italy's Venice, the Galapagos Islands in Ecuador, Palau, and New Zealand have all enacted similar fees aimed at tourists, with charges ranging from $1 to $100. This approach reflects a growing trend among tourist hotspots to address the environmental and infrastructural strains caused by large numbers of visitors, according to New York Post report.

(Reuters) — Japan's transport ministry is preparing action against one of Toyota Motor (NYSE:TM) Corp's largest units for cheating engine emissions tests, including possibly withdrawing certification for some engine types, news agency Nikkei reported on Monday.

By Alexander Hübner and Emma-Victoria Farr

MOSCOW (Reuters) -Russian President Vladimir Putin gave approval on Monday for HSBC to sell its Russian unit to privately-owned Expobank, paving the way for the British lender to extricate itself from the Russian market after months of negotiations.

Air India and Tata Advanced Systems (TASL), are set to invest ₹2,300 crore in Karnataka, towards establishing a Maintenance Repair and Overhaul (MRO) facility in Bengaluru, envisioning the city as the aviation hub of South India, PTI reported on February 19. The investment is aimed at fostering economic growth and employment opportunities in the state, it added.

 Kudlow panelists Kevin OLeary, Kevin Hassett and John Carney discuss inflation, bank failures and credit card delinquencies.

Joe Biden's administration intends to relax limits on tailpipe emissions that are designed to get Americans to move from gas-powered cars to electric vehicles, the New York Times reported, citing people familiar with the plan. The administration would give car manufacturers more time instead of requiring them to rapidly ramp up sales of electric vehicles over the next few years, the report said, adding that the new rule could be published by early spring. The shift would mean that EV sales would not need to rise sharply until after 2030.

WASHINGTON (Reuters) -U.S. President Joe Biden's administration intends to relax limits on tailpipe emissions that are designed to get Americans to move from gas-powered cars to electric vehicles, the New York Times reported, citing people familiar with the plan.

Investing.com — In the holiday shortened week ahead investors will be looking to the latest Federal Reserve minutes for any new insights on the direction of monetary policy. Earnings from chipmaker Nvidia (NASDAQ:NVDA) will be a critical test of the artificial intelligence fever that has helped power gains for U.S. stocks in recent months. Walmart (NYSE:WMT) kicks off earnings from the biggest U.S. retailers, Chinese markets return, and PMI data will shed light on the strength of the global economy. Here’s what you need to know to start your week.

Taiwan, a Memorandum of Understanding (MoU) was inked on Friday, opening doors for Indian migrant workers to explore job opportunities in Taiwan. «Taiwan-India relations reach a new high! The MOU on the Facilitation of Employment of Indian Workers, signed by @TWIndia2 Rep. Ger & @ita_taipei Rep Yadav,» the Ministry of Foreign Affairs of Taiwan (@MOFA_Taiwan) announced the milestone in a post on social media platform X. The MoU is seen as a step towards mutual benefits, igniting a robust momentum for deeper cooperation between the two nations.

Iran's elite Quds Force to Baghdad has led to a pause in attacks on U.S. troops by Iran-aligned groups in Iraq, multiple Iranian and Iraqi sources told Reuters. Here's a look at Iraq's most influential Shi'ite parties and armed groups, who remain divided over how to address the presence of U.S. forces in the country: THE COORDINATION FRAMEWORK

China's central bank left a key policy rate unchanged as expected when rolling over maturing medium-term loans on Sunday. The People's Bank of China (PBOC) said it was keeping the rate on 500 billion yuan ($69.51 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.50% from the previous operation.

By Napat Wesshasartar and Panarat Thepgumpanat