WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken plans to meet with his Chinese counterpart, Wang Yi, on Friday in New York on the sidelines of the U.N. General …
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By Gilles Guillaume PARIS (Reuters) -French carmaker Renault will control 80% of its electric vehicle value chain well ahead of its 2030 target as it develops partnerships in batteries, electric …
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Italy’s watchdog asks Facebook for clarification on pre-election activities
by Reutersby ReutersMILAN (Reuters) – Italy’s Data Protection Agency has asked Facebook to clarify the activities the social media giant has engaged in ahead of Sunday’s national elections, it said on Thursday. …
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(Reuters) -China Southern Airlines Co Ltd said on Thursday its unit has placed an order with Airbus SE for 40 A320neo-family aircraft worth $4.85 billion. The deal comes months after …
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UBS to eliminate account balance fees from Oct 1 after SNB hike
by Reutersby ReutersZURICH (Reuters) – UBS Group will eliminate from Oct. 1 the fee it charged on accounts by private and corporate clients to offset negative interest rates after the Swiss National …
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By Victoria Klesty OSLO (Reuters) – Norway’s central bank raised its benchmark interest rate by a widely-anticipated 50 basis points to 2.25% on Thursday, but said future hikes would be …
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Europe’s vegetable farmers warn of shortages as energy crisis bites
by Reutersby ReutersBy Ardee NAPOLITANO and Sybille de La Hamaide BOUVINES, France (Reuters) – Emmanuel Lefebvre produces thousands of tonnes of endives on his farm in northern France annually, but this year …
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Marsh allows U.S. clients to pay broking fees with carbon credits
by Reutersby ReutersLONDON (Reuters) – Marsh’s U.S. clients will from Thursday be able to pay their fees in voluntary carbon offset credits or renewable energy certificates (RECs), the insurance broker said, part …
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LONDON (Reuters) – The Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and said it would continue to “respond forcefully, as necessary” to inflation, …
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(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have combined to drive up prices of energy, commodities and basic necessities. Below …
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Kremlin: reports of exodus of fighting-age men are exaggerated
by Reutersby ReutersMOSCOW (Reuters) – The Kremlin on Thursday said reports of an exodus of draft-age men from Russia after President Vladimir Putin’s announcement of a partial mobilisation were “exaggerated”. Since President …
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HANOI (Reuters) – Vietnam’s central bank announced on Thursday it would raise its policy rates by 100 basis points, in a rare monetary tightening move aimed at keeping inflation under …
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By Aditya Kalra BENGALURU (Reuters) -The head of WhatsApp’s India payment business, Manesh Mahatme, has quit after more than a year with the Meta Platforms-owned company to join Amazon India, …
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Swiss National Bank exits negative rates era with 0.75% hike
by Reutersby ReutersBy John Revill and Silke Koltrowitz ZURICH (Reuters) -Switzerland exited the era of negative interest rates on Thursday when its central bank joined others around the world in tightening monetary …
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A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. What a 24 hours it’s been in financial markets. Let’s start with Japan — just hours …
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Spain plans temporary tax on big fortunes for two years from 2023
by Reutersby ReutersMADRID (Reuters) – The Spanish government wants to slap a tax on the wealthiest 1% of Spaniards for two years from 2023 as a way to complement planned taxes on …
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Strong nighttime earthquake jolts sleeping Mexicans, at least one death reported
by Reutersby ReutersMEXICO CITY (Reuters) -A magnitude 6.8 earthquake struck western Mexico early on Thursday, claiming the life of a woman in Mexico City who fell and hit her head as residents …
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Taiwan central bank cuts growth outlook, citing China tension uncertainties
by Reutersby ReutersBy Yimou Lee and Liang-sa Loh TAIPEI (Reuters) -Taiwan’s central bank on Thursday cut its growth forecast for this year, citing tensions with China as one of the economic uncertainties …
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Russia confirms 55 servicemen freed in prisoner swap with Ukraine
by Reutersby ReutersLONDON (Reuters) -Russia’s defence ministry said on Thursday that 55 of its servicemen had been returned to Russia in the largest prisoner exchange deal with Ukraine since the start of …
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World Bank’s Malpass faces calls to resign after climate change doubts
by Reutersby ReutersBy Valerie Volcovici and Kate Abnett WASHINGTON (Reuters) – World Bank President David Malpass came under heavy criticism on Wednesday after he declined to say whether he accepts the scientific …
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Indonesia central bank raises rates by 50 bps to head off inflation risks
by Reutersby ReutersBy Gayatri Suroyo and Stefanno Sulaiman JAKARTA (Reuters) – Indonesia’s central bank increased interest rates by more than expected on Thursday as it sought to rein in inflation after the …
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Blast hits Russian-controlled Ukrainian city of Melitopol on eve of referendums
by Reutersby Reuters(Reuters) – A blast hit a crowded market in the southeastern Ukrainian city of Melitopol on Thursday, Ukrainian and Russian-installed officials said, on the eve of referendums that could see …
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BERLIN (Reuters) – The German government’s top priority is combatting high inflation, the finance minister said on Thursday during a parliamentary debate on legislation to offset inflation and boost consumers’ …
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TOKYO (Reuters) – Japan intervened in the currency market on Thursday for the first time since 1998 to shore up the battered yen, in the wake of the central bank’s …
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Toyota’s October vehicle output to be weighed down by chip shortage
by Reutersby ReutersTOKYO (Reuters) -Toyota Motor Corp said on Thursday it plans to produce about 800,000 vehicles worldwide in October, about 100,000 short of its average monthly production plan, due to semiconductor …