Author Archives: Syndicated Content
Gridlocked WTO negotiations stretch into final day
By Emma Farge GENEVA (Reuters) - All-night negotiations at the World Trade Organization aimed at clinching deals on food security, fishing and vaccines paused around dawn on Thursday with no immediate...
Jun 16, 2022
China steps up fixed-asset investment to steady COVID-hit economy
By Ellen Zhang and Ryan Woo BEIJING (Reuters) -China's state planner said on Thursday it had approved 10 fixed-asset investments worth 121 billion yuan ($18.1 billion) in May, a more than six-fold jum...
Jun 16, 2022
Four killed in overnight rocket strike on outskirts of Ukraine’s Sumy -governor
KYIV (Reuters) - An overnight Russian air-launched rocket strike hit a suburb of the northern Ukrainian city of Sumy, killing four and wounding six, the local governor said on Thursday. Governor Dmytr...
Jun 16, 2022
France’s Macron, Germany’s Scholz and Italy’s Draghi on their way to Ukraine
PARIS (Reuters) - French President Emmanuel Macron, German Chancellor Olaf Scholz and Italian Prime Minister Mario Draghi have taken the night train to join Ukraine capital Kyiv, Italian daily La Repu...
Jun 16, 2022
India records 12,213 new daily cases of COVID-19
MUMBAI (Reuters) - India recorded 12,213 new coronavirus infections in the past 24 hours, the health ministry said on Thursday, its highest such tally in nearly four months. The country's richest stat...
Jun 16, 2022
S.Korea cuts 2022 growth outlook, vows to cut corporate tax rate
By Jihoon Lee and Cynthia Kim SEOUL (Reuters) - South Korea's economy will grow at its slowest pace in three years in 2022, as the world faces supply bottlenecks, surging inflation and rapidly rising ...
Jun 16, 2022
Unilever switches some ingredients to adapt to commodities shortages
By Richa Naidu LONDON (Reuters) - As commodities - from crude oil to sunflower oil - remain in short supply, Britain's Unilever has changed the ingredient makeup for some of its products like deodoran...
Jun 16, 2022
Analysis-Investors worry that U.S. profit forecasts are too high
By Caroline Valetkevitch NEW YORK (Reuters) - Concerns are growing that U.S. corporate earnings are increasingly at risk from dizzying inflation, a strong dollar and rising interest rates, complicatin...
Jun 16, 2022
Credit Suisse, UBS well-placed to handle challenging environment – SNB
ZURICH (Reuters) - Both Credit Suisse and UBS are well-placed to face the more challenging current environment thanks to improved capital, the Swiss National Bank (SNB) said on Thursday. "The capital ...
Jun 16, 2022
Revlon files for bankruptcy protection
(Reuters) -Cosmetics maker Revlon Inc filed for Chapter 11 bankruptcy protection on Wednesday after struggling to compete with online-focused upstart brands in recent years. The nail polish and lipsti...
Jun 16, 2022
