Author Archives: Syndicated Content
Iran working to control oil spill off Kharg Island, says IRNA
DUBAI (Reuters) - Iranian authorities are working to control an oil spill four miles (6.4 kilometres) off Iran's Kharg Island, the country's IRNA news agency reported on Wednesday. The leak from oil p...
Oct 16, 2024
Philippine central bank cuts policy rate by 25 bps, as expected
MANILA (Reuters) - The Philippine central bank cut its key interest rate by 25 basis points (bps) to 6.0% on Wednesday, its governor said, reducing the overnight borrowing rate for a second straight m...
Oct 16, 2024
Exclusive-UniCredit talked to top German officials before stake buy, documents show
By John O'Donnell, Christian Kraemer and Tom Sims FRANKFURT (Reuters) - UniCredit executives had conversations with top German government officials, including from the chancellery and the finance mini...
Oct 16, 2024
Thai central bank unexpectedly cuts key rate by 25 bps
BANGKOK (Reuters) -Thailand's central bank unexpectedly cut its key interest rate at a policy review on Wednesday, a move long called for by the government as needed to revive a sluggish economy with ...
Oct 16, 2024
European shares start weakly on tech, luxury disappointment
(Reuters) - European shares had a weak start on Wednesday, ahead of the European Central Bank policy decision and bogged down by tech and luxury shares after disappointing results from industry bellwe...
Oct 16, 2024
UK says India's cooperation with Canada's legal process is 'right next step'
LONDON (Reuters) -Britain said on Wednesday India's cooperation with Canada's legal process was "the right next step" in the ongoing diplomatic row between the two countries, adding that it had full c...
Oct 16, 2024
Ukraine wants NATO invite before Biden leaves office, envoy says
By Lili Bayer and Andrew Gray BRUSSELS (Reuters) - Ukraine is asking for a NATO membership invitation before Joe Biden leaves the White House, arguing it would be a fitting legacy for the U.S. preside...
Oct 16, 2024
Shareholders approve buyout of AirAsia by long-haul associate
(Reuters) - Shareholders have backed plans for budget carrier AirAsia to be bought by its long-haul associate, AirAsia X, paving the way for the Malaysian-based airlines to finalise their consolidatio...
Oct 16, 2024
Stellantis sees 20% y/y decline in third-quarter shipments
(Reuters) - Stellantis expects a 20% yearly drop in consolidated shipments in the third quarter to 1.15 million units globally, the carmaker said on Wednesday. That's a steeper drop than the forecast ...
Oct 16, 2024
Inflation expected to stay above ECB target in medium term, survey finds
(Reuters) - Economists expect inflation rates to stay above the European Central Bank's 2% target in the medium term, according to a survey published by Germany's Ifo institute on Wednesday, a day bef...
Oct 16, 2024
