Author Archives: Syndicated Content
India likely to achieve fiscal deficit target in 2023-24, says govt
NEW DELHI (Reuters) - The Indian government is likely to achieve the fiscal deficit target of 5.9% of gross domestic product (GDP) in the financial year 2023-24, junior finance minister Bhagwat Karad ...
Dec 18, 2023
IBM to buy Software AG’s enterprise tech business for $2.3 billion
(Reuters) - IBM on Monday said that it would buy Software AG's StreamSets and webMethods platforms for 2.13 billion euros ($2.33 billion) in cash. ($1 = 0.9158 euros) (Reporting by Shivani Tanna in Be...
Dec 18, 2023
Explainer-What are solid-fuel missiles, and why is North Korea developing them?
By Hyonhee Shin SEOUL (Reuters) - North Korea test-fired a intercontinental ballistic missile (ICBM) powered by solid fuel on Monday, South Korean officials said, in what would be the third such test ...
Dec 18, 2023
UK to implement carbon levy on imported goods by 2027
By Kylie MacLellan LONDON (Reuters) -Britain said on Monday it would implement a new import carbon pricing mechanism by 2027, with goods imported from countries with a lower or no carbon price having ...
Dec 18, 2023
Unilever to sell Q-Tips maker Elida Beauty to Yellow Wood
(Reuters) -Consumer goods giant Unilever on Monday said it would sell Elida Beauty, its non-core beauty and personal care division, to U.S. private equity firm Yellow Wood Partners. The financial term...
Dec 18, 2023
US sees no impact on Vietnam ties from Hanoi-Beijing defence pledges
By Francesco Guarascio HANOI (Reuters) - The United States will continue to closely cooperate with Vietnam, a U.S. official said after Hanoi announced last week strengthened ties with China, including...
Dec 18, 2023
China banks step up sales of bad loans as consumer defaults rise
SHANGHAI/SINGAPORE (Reuters) - Chinese banks are putting bad loans up for sale at a record pace, as regulators push for faster disposal of sour debts amid rising consumer defaults during an ailing pos...
Dec 18, 2023
Cash-strapped Congolese eye deep inequalities ahead of vote
By Ange Kasongo and Sonia Rolley KINSHASA (Reuters) - Five years after graduating with a diploma in computer network maintenance, Georges Bamue, 27, still navigates the streets of Democratic Republic ...
Dec 18, 2023
Novo owner commits $265 million of Wegovy windfall to respiratory diseases
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - The Novo Nordisk Foundation, which controls drug maker Novo Nordisk, said on Monday it would commit up to 1.8 billion Danish crowns ($265 million) to ...
Dec 18, 2023
Rare snowfall in southern China as deep freeze grips the north
By Liz Lee and Ryan Woo BEIJING (Reuters) - The cold weather sweeping China brought rare snowfall on Monday as far south as the province of Guangdong, while temperatures in the chilly north plunged to...
Dec 18, 2023
