By Birsen Altayli, Ece Toksabay and Orhan Coskun ANKARA (Reuters) – Six months from an election in which Turkey’s opposition has its best shot at unseating President Tayyip Erdogan in …
Reuters
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US and World News
Exclusive-The global supply trail that leads to Russia’s killer drones
by Reutersby ReutersBy Stephen Grey, Maurice Tamman and Maria Zholobova (Reuters) – The hundreds of Russian drones hovering ominously over the Ukrainian battlefield owe their existence to an elastic, sanctions-evading supply chain …
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TIM’s board indicates Italy’s telecoms lobby head as director – sources
by Reutersby ReutersMILAN (Reuters) – Telecom Italia (TIM) board has indicated Italy’s telecoms lobby chief Massimo Sarmi as a new director, two sources with knowledge of the matter said. A former TIM …
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(Reuters) – The Biden administration said Thursday it had removed Wuxi Biologics, a company that makes ingredients for AstraZeneca’s COVID-19 vaccine, and about two dozen other Chinese entities from a …
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Economic growth in Latin America, Caribbean seen slowing in 2023
by Reutersby ReutersSANTIAGO (Reuters) – The expansion of economies in Latin America and the Caribbean is seen cooling next year, the United Nations economic commission for the region (ECLAC) said on Thursday, …
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Putin says Russia will fight sanctions with shift in trade and energy flows
by Reutersby Reuters(Reuters) -President Vladimir Putin said on Thursday that Russia would expand trade cooperation with new partners, including by sharply increasing gas exports to China, to combat Western sanctions. When spending …
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LONDON – The European Central Bank raised interest rates for the fourth time in a row on Thursday, and outlined plans to shrink its bloated balance sheet from March 2023 …
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TORONTO (Reuters) – Canadian housing starts edged lower in November compared with the previous month as a drop in single-detached urban starts offset groundbreaking in multiple unit urban homes, data …
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COPENHAGEN (Reuters) – Meta Platforms Inc has halted construction of two data centres in Odense, Denmark, and will instead focus on a new type of data centre used for artificial …
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US and World News
IAEA chief says to make all-out effort to stop North Korea’s nuclear programme
by Reutersby ReutersSEOUL (Reuters) -International Atomic Energy Agency (IAEA) chief Rafael Grossi said on Thursday the IAEA would make an all-out effort to stop North Korea’s nuclear programme and preserve international non-proliferation, …
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By Jake Cordell (Reuters) -The Russian rouble hit its weakest level against the U.S. dollar in more than five months on Thursday before paring losses as the West’s price cap …
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FRANKFURT (Reuters) – The European Central Bank raised interest rates by half a percentage point on Thursday, its fourth successive hike, and outlined plans to shrink its bloated balance sheet …
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US and World News
In a first, Turkish court arrests journalist under ‘disinformation’ law
by Reutersby ReutersBy Huseyin Hayatsever and Ali Kucukgocmen ANKARA (Reuters) – A Turkish court ordered the arrest of a journalist in the country’s southeast for allegedly spreading “disinformation”, his lawyer said on …
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FRANKFURT (Reuters) – The European Central Bank raised its inflation projections for the euro zone on Thursday and said price growth would remain above its 2% target throughout a projection …
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Business News
Polish retailer LPP might reduce number of warehouses to cut logistics costs
by Reutersby ReutersGDANSK (Reuters) -Poland’s biggest retailer LPP might cut back on warehouses as it considers using more of its stores to ship online orders in a bid to reduce logistics costs, …
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(Corrects to read 30,000 tonnes (not 130,000 tonnes), paragraph 2) LONDON (Reuters) – Norsk Hydro expects 28.9 billion crowns ($2.96 billion) in earnings before interest, tax, depreciation and amortisation (EBITDA) …
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Aramco and TotalEnergies to build $11 billion Saudi petrochemicals plant
by Reutersby ReutersPARIS (Reuters) -Saudi Arabian Oil Company (Aramco) and TotalEnergies will join forces to build a new petrochemicals complex in Saudi Arabia, the French energy group said on Thursday. The project …
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By Kirstin Ridley LONDON (Reuters) – A British investigation into a trading scheme that claimed multiple tax rebates on dividend payments, said by European countries to have siphoned billions of …
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By Emma Farge GENEVA (Reuters) -A senior U.N. official on Thursday voiced optimism that there would be a breakthrough in negotiations to ease exports of Russian fertilisers to avoid food …
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ECB nudges up UniCredit’s capital requirement to shore up defences
by Reutersby ReutersBy Valentina Za MILAN (Reuters) – The European Central Bank has slightly increased the amount of capital UniCredit must hold as it takes a fresh look at banks’ assets given …
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US and World News
U.S. House passes one-week government funding bill, sends to Senate
by Reutersby ReutersBy Makini Brice and Gram Slattery WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday approved a stopgap one-week funding bill, a move intended to give lawmakers more time …
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(Reuters) – Electric truck maker Nikola Corp said on Thursday that it would sell up to 75 Tre hydrogen-powered trucks over three years to fuel-cell technology developer Plug Power Inc. …
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Business News
ECB ups Banco BPM’s core capital ratio threshold to 8.7% from 8.5%
by Reutersby ReutersMILAN (Reuters) – The European Central Bank has raised the minimum core capital requirement at Banco BPM to 8.70% for next year compared with 8.52% at present, Italy’s third-largest bank …
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By Nerijus Adomaitis OSLO (Reuters) -Norway’s Equinor has begun pumping oil from the second phase of its giant Johan Sverdrup development, it said on Thursday, boosting output from Europe’s biggest …
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PRAGUE (Reuters) -Kosovo’s Prime Minister Albin Kurti submitted a bid for Kosovo to join the European Union on Thursday, launching a process that could take years, if not decades, and …