Permitted share of China’s yuan in Russian wealth fund doubled to 60% -Finance Minister
MOSCOW (Reuters) – Russia’s finance ministry on Friday said the maximum possible share of Chinese yuan in its National Wea..
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DKSH sells its 25% stake in Swiss luxury watchmaker Bovet
ZURICH (Reuters) – DKSH will sell its 25% stake in Swiss luxury watchmaker Bovet to Pascal Raffy, the company said in a statemen..
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Russian services activity shrinks for third month running in Dec -PMI
MOSCOW (Reuters) – Activity in Russia’s services industry shrank for the third month running in December, a survey showed ..
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Oil set to end turbulent 2022 modestly higher
By Florence Tan and Emily Chow SINGAPORE (Reuters) – Oil prices edged up on Friday and were on track to post their second straig..
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Bahamas regulator holds FTX assets pending delivery to customers, creditors
(Reuters) – The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based on ..
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UK’s Sunak to halve support that helps businesses pay fuel bills -The Times
(Reuters) – British Prime Minister Rishi Sunak is poised to halve financial support on energy bills for businesses, amid concern..
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Southwest cancels thousands more flights; U.S. government vows scrutiny
By David Shepardson and Alexandra Alper (Reuters) -Southwest Airlines came under fire from the U.S. government on Tuesday after it can..
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Wall St stocks fall, bond yields rise as China drops quarantine rule
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed lower on Tuesday after the release of U.S. economic d..
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Risking death at sea, Rohingya Muslims seek safety in Indonesia
By Hidayatullah Tahjuddin PIDIE, Indonesia (Reuters) – Crying with relief after a traumatic 40-day voyage to Indonesia in a leak..
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Spain’s November retail sales fall 0.6% on year
(Reuters) – Spanish retail sales fell 0.6% in November from a year earlier on a seasonally and calendar-adjusted basis, after ri..
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Italy’s rightist government tightens rules for migrant rescues
ROME (Reuters) – Italy’s rightist government has approved measures to fine charities who rescue migrants at sea and impoun..
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German exporters prepare for a challenging 2023
BERLIN (Reuters) – German exporters have modest hopes for next year, anticipating problems at major customers in China because o..
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UK not planning COVID testing for travellers from China
(Reuters) -Britain has no plans to bring back COVID-19 testing for those coming into the country, a government spokesperson said on Th..
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Chipmaker Infineon ready to spend billions on acquisitions – CEO
MUNICH (Reuters) -Infineon is ready to spend several billion euros on the right takeover target as it searches for acquisitions to boo..
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UK’s Argo Blockchain shares soar on deals to avoid bankruptcy
By Sinchita Mitra and Anchal Rana (Reuters) -Crypto miner Argo Blockchain said on Wednesday it will sell its mining facility Helios fo..
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Exxon sues EU in move to block new windfall tax on oil companies
By Sabrina Valle (Reuters) – U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc&..
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Slipping over Mexico border, migrants get the jump on U.S. court ruling
By Jose Luis Gonzalez and Daina Beth Solomon CIUDAD JUAREZ, Mexico (Reuters) – Even before the U.S. Supreme Court on Tuesday opt..
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Asian shares muted as investors fret over China reopening
By Ankur Banerjee SINGAPORE (Reuters) – Asian equities swung between losses and gains in choppy trading on Wednesday as investor..
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Italy’s Nexi signs digital payments deal with TIM’s Olivetti
xMILAN (Reuters) – Nexi and Telecom Italia’s Olivetti have teamed up to provide advanced electronic payment solutions to b..
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Belgian court decides to keep EU corruption case suspect in detention
BRUSSELS (Reuters) – A Belgian appeals court decided on Tuesday to keep Niccolo Figa-Talamanca, an Italian suspect in a European..
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European shares end higher on China recovery optimism
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares closed a touch higher on Tuesday as China relaxing its COVID-1..
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Oil hits 3-week high as China eases COVID curbs
By Alex Lawler LONDON (Reuters) -Oil hit a three-week high on Tuesday as China’s latest easing of COVID-19 restrictions spurred ..
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UK retailers see 40% jump in Boxing Day shoppers -Springboard
LONDON (Reuters) – UK retail destinations enjoyed an almost 40% rise in shopper numbers on Monday after the first Christmas in t..
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German businesses expect only mild recession as disruptions ease
BERLIN (Reuters) – German companies expect only a mild recession next year despite headwinds from the energy crisis, raw materia..
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Oil prices rise as China eases COVID curbs, U.S. storm fuels supply worries
By Isabel Kua SINGAPORE (Reuters) -Oil prices rose to three-week highs on Tuesday as China’s latest easing of COVID-19 restricti..
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Board of Russia’s AvtoVAZ approves $585 million in 2023 investment programme – RIA agency
(Reuters) – The board of directors of Russian top carmaker AvtoVAZ approved the firm’s 2023 investment programme for just ..
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Stocks advance, U.S. dollar retreats as China drops quarantine rule
By Xie Yu HONG KONG (Reuters) – Stock markets gained while the U.S. dollar softened on Tuesday after China said it would drop it..
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Belarus sentences in absentia former Olympian Herasimenia to 12 years in prison – BelTA
By Ronald Popeski and Lidia Kelly (Reuters) – A Minsk court sentenced in absentia former Olympic swimmer Aliaksandra Herasimenia..
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Russia could hike rates in 2023 if inflation risks have big impact -cenbank
MOSCOW (Reuters) – The Bank of Russia could raise interest rates in 2023 if inflationary risks such as labour shortages and impo..
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Russia’s Sberbank urges Glencore to resolve dispute over oil bill
MOSCOW (Reuters) -Sberbank on Monday accused Glencore of choosing not to foot a bill for oil supplied via the Russian lender, saying t..
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Cricket-Not enough attention paid to international schedule – Stokes
(Reuters) – England test captain Ben Stokes has raised concerns over the scheduling of international cricket, saying the authori..
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Dutch governor Knot signals ECB will keep raising rates in months ahead- FT
(Reuters) – Head of Dutch Central Bank Klaas Knot said with five policy meetings between now and July 2023, the ECB would achiev..
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Battery swapping spurs Kenya’s electric motorbike drive
By Ayenat Mersie NAIROBI (Reuters) – Over recent months, sets of sturdy, brightly-branded battery swapping stations have cropped..
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Japan insurers in talks with reinsurers to resume coverage in Russian waters
TOKYO (Reuters) – Three Japanese insurance companies that are set to halt marine coverage of risks related to the war in Ukraine..
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The ICU is full’: medical staff on frontline of China’s COVID fight say hospitals are ‘overwhelmed’
By Martin Quin Pollard BEIJING (Reuters) – In more than three decades of emergency medicine, Beijing-based doctor Howard Bernste..
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Toyota’s Nov global vehicle production rises 1.5% to record 833,104
TOKYO (Reuters) – Toyota Motor Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 8..
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Taiwan reports China’s largest incursion yet to air defence zone
By Yimou Lee TAIPEI (Reuters) -Seventy-one Chinese air force aircraft including fighter jets and drones entered Taiwan’s air def..
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