Author Archives: Syndicated Content
Siemens to sell drive division to KPS for $3 billion, reports Handelsblatt
BERLIN (Reuters) - Germany's Siemens is to sell its drive division to financial investor KPS for 3 billion euros ($3.25 billion), business daily Handelsblatt reported on Wednesday, citing financial so...
May 15, 2024
Chinese EV maker Aiways to go public in US via deal with Hudson Acquisition SPAC
By Nick Carey LONDON (Reuters) - Chinese electric vehicle maker Aiways will go public via a merger with U.S. special purpose acquisition company Hudson Acquistion Corp in a deal that should value the ...
May 15, 2024
AI's use in finance may need new rules, ECB says
FRANKFURT (Reuters) - The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and possibly regulated to prevent harm to consumers and ensure the proper funct...
May 15, 2024
Third miner dies after collapse at Polish pit
WARSAW (Reuters) - A third person has died after a partial collapse at the Myslowice-Wesola mine in southern Poland, an executive of the site's owner said. Of the 15 workers on site at the time, two w...
May 15, 2024
India's April merchandise trade deficit at $19.1 billion
NEW DELHI (Reuters) - India's merchandise trade deficit in April stood at $19.1 billion, according to a Reuters calculation based on export and import data released by the government on Wednesday. Eco...
May 15, 2024
Fighting intensifies between Israel and Hamas-led militants in north and south Gaza
By Nidal al-Mughrabi CAIRO (Reuters) - Gun battles between Israel and militants from Hamas, Islamic Jihad and smaller Palestinian factions intensified overnight into some of the fiercest in months in ...
May 15, 2024
Ukraine plans record power imports after Russian attacks on energy system
(Fixes syntax in lead paragraph.) KYIV (Reuters) - Ukraine plans record high electricity imports on Wednesday after significant energy infrastructure damage from recent Russian strikes on its energy s...
May 15, 2024
Russia takes up positions in Ukraine town of Vovchansk in Kharkiv region, local police chief says
KYIV (Reuters) - Russian forces were establishing positions inside the Ukrainian border town of Vovchansk in the northeastern Kharkiv region on Wednesday and fighting there was intense, the local poli...
May 15, 2024
Russia warns EU against restrictions against Russian media
MOSCOW (Reuters) - Russia on Wednesday warned the European Union that if the bloc imposed restrictions on Russian media then Western reporters in Russia would feel a swift, harsh and painful response ...
May 15, 2024
Indonesia can achieve 8% growth, President-elect Prabowo says
JAKARTA (Reuters) - Indonesia can easily achieve 8% economic growth, President-elect Prabowo Subianto told the Qatar Economic Forum on Wednesday, and he said the country is not protectionist. Prabowo ...
May 15, 2024
