ISTANBUL/WASHINGTON (Reuters) – U.S. President Joe Biden and Turkey’s President Tayyip Erdogan may meet during next week’s NATO summit in Lithuania, sources briefed on the planning said. A brief Biden-Erdogan…
By John O’Donnell and Alexandra Schwarz-Goerlich VIENNA (Reuters) – Raiffeisen Bank International is delaying plans to leave Russia, three people familiar with its position said, as Austria steps up its…
By Tim Hepher PARIS (Reuters) – Airbus deliveries increased by 6% in the first half of the year to reach 316 aircraft, industry sources said on Thursday. The European planemaker…
By Winni Zhou and Ryan Woo SHANGHAI/BEIJING (Reuters) – China’s major state banks have lowered their dollar deposit rates for the second time in a month, seven banking sources with…
By Holger Hansen and Maria Martinez BERLIN (Reuters) -German Finance Minister Christian Lindner is planning 16.6 billion euros ($18.1 billion) of net new debt for the 2024 federal budget, which…
SHANGHAI/BEIJING (Reuters) – China’s central bank has surveyed some foreign banks in the past week about the interest rates they offer to their clients for dollar deposits, people familiar with…
By Jorgelina do Rosario LONDON (Reuters) – The International Monetary Fund executive board will meet on July 12 to complete the first review of its $1.3 billion extended fund facility…
By Yantoultra Ngui and Phuong Nguyen SINGAPORE/HANOI (Reuters) – Vietnamese conglomerate Truong Hai Group, founded by tycoon Tran Ba Duong, is considering bringing in an investor into its automobiles arm…
By Khalid Abdelaziz DUBAI (Reuters) – Thousands of men who worked as intelligence operatives under former president Omar al-Bashir and have ties to his Islamist movement are fighting alongside the…
By Nidhi Verma NEW DELHI (Reuters) – Indian state-run refiner BPCL is in talks with Rosneft to buy about 6 million metric tons (43.8 million barrels) of discounted Russian crude…
HOUSTON (Reuters) – A fire on a reformer at Exxon Mobil Corp’s 564,440 barrel-per-day (bpd) Baytown, Texas, refinery was quickly extinguished on Wednesday, said people familiar with plant operations. The…
By Kane Wu and Selena Li HONG KONG (Reuters) – UBS will start cutting Asia investment banking jobs at Credit Suisse next month, three people with knowledge of the matter…
By Giuseppe Fonte and Elvira Pollina ROME (Reuters) – Telecom Italia (TIM) is leaning towards entering talks with KKR over the sale of its prized landline grid, two sources said,…
By Uditha Jayasinghe COLOMBO (Reuters) – The World Bank is likely to approve $700 million in budgetary and welfare support for Sri Lanka at its next board meeting on June…
By David Carnevali and Mike Stone (Reuters) -Ball Corp, the world’s largest supplier of beer cans, is exploring a sale of its business that provides aerospace and national defense hardware,…
By Panu Wongcha-um, Poppy McPherson and Ananda Teresia BANGKOK (Reuters) -Thailand’s caretaker government is proposing to “fully re-engage” Myanmar’s military rulers and has invited ASEAN foreign ministers to an informal…
By Fanny Potkin and Panu Wongcha-um SINGAPORE/BANGKOK (Reuters) -Southeast Asian countries are drawing up governance and ethics guidelines for artificial intelligence (AI) that will impose “guardrails” on the booming technology, five…
By Amy-Jo Crowley and Paul Sandle LONDON (Reuters) – ITV is exploring a deal to buy production group All3Media from its joint owners Warner Bros Discovery Inc. and Liberty Global…
FRANKFURT (Reuters) – European Central Bank policymakers began this week a debate on evening out the “corridor” between the ECB’s three interest rates, in a first step towards an era…
By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy is reassessing how it plans to deal with billions of euros’ worth of loans it guaranteed during the pandemic and…
MILAN (Reuters) – Telecom Italia’s (TIM) leading investor Vivendi is facing a rival candidate in the race to fill a vacant seat on the former phone monopoly’s board, two sources…
By Krystal Hu SAN FRANCISCO (Reuters) – SoftBank Group Corp is planning a fresh round of layoffs at its Vision Fund investment arm, two people familiar with the matter said,…
LONDON (Reuters) – Torsten Schoeneborn, global co-head of electronic equities and portfolio trading at BNP Paribas, is leaving the firm for another bank, two sources with knowledge of the matter…
By M. Sriram and Yantoultra Ngui MUMBAI/SINGAPORE (Reuters) – KKR & Co is moving a managing director from India to Singapore to lead the firm’s Southeast Asia private equity business,…
By Amy-Jo Crowley LONDON (Reuters) – The owners of All3Media, Britain’s largest independent TV production company, are exploring options that include cashing out on their joint venture in a deal…