Author Archives: Syndicated Content
Govt and Fiat-owner Stellantis agree on need to boost car production in Italy
ROME (Reuters) -Italian Industry Minister Adolfo Urso said on Monday Stellantis Chief Executive Carlos Tavares agreed with him on the need to boost automotive production in Italy, home to Stellantis b...
Jul 10, 2023
Citigroup cuts rating on US stocks to ‘neutral’
(Reuters) - Citigroup on Monday cut its rating on U.S. stocks to "neutral" from "overweight" on recession risks, and warned that growth is set for a pullback as AI "euphoria" enters a more digestive p...
Jul 10, 2023
Fertilizer company OCI bets big on climate-friendly ammonia
By Rod Nickel and Victoria Klesty (Reuters) - Without a single sales contract in hand, Dutch fertilizer company OCI is building a $1 billion plant in Texas to produce ammonia with low greenhouse gas e...
Jul 10, 2023
Russia says on eve of NATO summit that Ukrainian entry would be a threat requiring tough response
LONDON (Reuters) - Russia said on Monday that Ukrainian membership of the NATO military alliance would have very negative consequences for Europe's security architecture and that Moscow would respond ...
Jul 10, 2023
Western allies fine-tune security assurances for Ukraine as NATO meets
By John Irish and Andrius Sytas VILNIUS (Reuters) - Ukraine's largest Western allies are still finalising a joint framework that would pave the way for long-term security assurances for Kyiv, and may ...
Jul 10, 2023
EU probes Novo’s weight-loss drugs on reports of suicide risks – Bloomberg News
(Reuters) - The European Medicines Agency is looking into Novo Nordisk's weight-loss drugs Saxenda and Ozempic after "several reports of suicidal risks" were referred to the watchdog, Bloomberg News r...
Jul 10, 2023
Analysis-NATO’s Ukraine debate still haunted by Bucharest pledge
By Andrew Gray VILNIUS (Reuters) - As NATO nations try to agree on Ukraine's push for membership at a summit in Vilnius this week, an earlier gathering casts a long shadow. At a summit in Bucharest in...
Jul 10, 2023
Foxconn drops $19.5 billion Vedanta chip plans in blow to India
BENGALURU (Reuters) -Taiwan's Foxconn said on Monday it has withdrawn from a $19.5 billion joint venture with Indian metals-to-oil conglomerate Vedanta, in a setback to Prime Minister Narendra Modi's ...
Jul 10, 2023
Palestinian opens fire at Israeli soldiers and is shot dead
RAMALLAH, West Bank (Reuters) - A Palestinian assailant threw a grenade and shot at Israeli soldiers who returned fire at him in the occupied West Bank on Monday, the Israeli military said, and Palest...
Jul 10, 2023
Hong Kong’s easing of mortgage rules boosts home visitors, but not deals
By Clare Jim HONG KONG (Reuters) - Hong Kong's move to raise the maximum mortgages available to some homebuyers, its first relaxation in curbs on home purchases adopted in 2009, boosted shopping inter...
Jul 10, 2023
