By Scott Murdoch, Kane Wu and Xie Yu HONG KONG -The move to delist five Chinese state-owned enterprises (SOEs) from the New York Stock Exchange (NYSE) signals Beijing may be …
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Exclusive-Kimmeridge builds stake in California Resources, in talks for changes
by Reutersby ReutersBy David French (Reuters) -Kimmeridge Energy Management Co LLC on Monday confirmed it has amassed a stake in California Resources Corp and is engaging with the oil and gas producer …
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UN selects former Grenada minister as climate chief
by Reutersby ReutersBy Valerie Volcovici WASHINGTON – Grenada’s former Climate Resilience Minister Simon Stiell will become the new United Nations climate chief, UN Secretary General AntĂłnio Guterres announced on Monday. Stiell will …
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Bayer says it will continue supplying Russia with agricultural inputs
by Reutersby ReutersLONDON -Germany’s Bayer said it has decided to continue supplying Russia with essential agricultural inputs, reversing course from comments made in March that supplies for 2023 would be contingent on …
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Goldman, Morgan Stanley seek to end investors’ Archegos-linked lawsuits
by Reutersby ReutersBy Jonathan Stempel NEW YORK – Goldman Sachs Group Inc and Morgan Stanley urged a U.S. federal judge to dismiss seven lawsuits by investors who accused the Wall Street banks …
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(Reuters) – London’s Heathrow Airport said on Monday it will extend the cap on flight departures to Oct. 29 as it looks to support more “reliable and resilient” passenger journeys. …
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Emergent receives FDA warning letter over quality control issues
by Reutersby Reuters(Reuters) – Emergent BioSolutions Inc said on Friday it had received a warning letter from the U.S. Food and Drug Administration, citing certain deficiencies at the contract drugmaker’s manufacturing facility …
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Resume aid to Taliban-run Afghanistan, Red Cross urges
by Reutersby ReutersBy Emma Farge GENEVA – The Red Cross on Monday appealed to states and donors to set aside their political objections to the Taliban and resume aid flows to Afghanistan’s …
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MEXICO CITY – Peru’s economy expanded 3.44% in June compared with a year earlier, the government said on Monday. In the same report, the country’s statistics agency INEI posted that …
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Tokyo diners nosh on Demogorgon pasta, Eleven’s waffles at ‘Stranger Things’ cafe
by Reutersby ReutersBy Irene Wang TOKYO – Japanese fans of the sci-fi hit “Stranger Things” can chow down on demonic pasta and rock out to retro 1980s tunes at a pop-up cafe …
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Volkswagen, Mahindra deepen electric vehicle component cooperation
by Reutersby ReutersFRANKFURT – Volkswagen AG and Mahindra & Mahindra on Monday expanded their cooperation and signed a term sheet under which the German carmaker will supply electric components to its Indian …
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By Clara Denina and Jahnavi Nidumolu LONDON – Turquoise Hill Resources Ltd on Monday rejected an offer by majority shareholder Rio Tinto Ltd to buy the 49% stake it doesn’t …
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Finland scraps equal pay legislation amid coalition differences
by Reutersby ReutersHELSINKI -Finland has cancelled plans to overhaul equality legislation aimed at narrowing the pay gap between men and women, the government said in a statement on Monday, citing unbridgeable gaps …
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Brazil central bank chief sees jobless rate falling to about 8.5%
by Reutersby ReutersBRASILIA – Brazilian central bank chief Roberto Campos Neto on Monday said policymakers had never imagined the country’s unemployment rate below 9%, but it now seems likely to fall to …
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Japan PM vows no more war; ministers visit shrine to war dead
by Reutersby ReutersBy Irene Wang and Elaine Lies TOKYO – Prime Minster Fumio Kishida vowed on the anniversary of Japan’s World War Two surrender on Monday that his country would never again …
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As Fed warns of turbulence ahead, markets remove their seat belts
by Reutersby ReutersBy Howard Schneider WASHINGTON – The Federal Reserve’s hawkish message on inflation registered quickly in U.S. housing markets this summer as mortgage rates shot up and home sales slowed. But …
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By Muvija M LONDON – Stood on her hind legs to greet any prospective owner who might approach her glass-doored kennel, Harriet is a black English cocker spaniel abandoned as …
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White House plans campaign to highlight policy wins ahead of midterm elections
by Reutersby ReutersBy Steve Holland and Kanishka Singh WASHINGTON -The White House is seeking to improve President Joe Biden’s low approval ratings by launching a campaign to highlight some of the recent …
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Malaysia Airlines signs provisional deal for 20 Airbus A330neos
by Reutersby ReutersBy Jamie Freed (Reuters) -Malaysia Airlines has signed a provisional agreement to acquire 20 Airbus A330neos to replace its ageing fleet of A330 widebody jets in a deal that also …
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Saudi prince made $500 million Russia bet at start of Ukraine war
by Reutersby ReutersBy Nayera Abdallah and Hadeel Al Sayegh (Reuters) -Saudi Arabia’s Kingdom Holding Co, the investment firm controlled by billionaire Prince Alwaleed Bin Talal, quietly invested more than $500 million in …
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Britain’s opposition Labour Party demand energy price cap freeze
by Reutersby ReutersBy Andrew MacAskill and Elizabeth Piper LONDON -Britain’s Labour Party called on Monday for the energy price cap to be frozen to help people deal with another expected surge in …
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Instant noodle makers ask Thailand for price hike after 14-year peg
by Reutersby ReutersBANGKOK – Instant noodle makers asked Thailand on Monday to allow them to charge more for their products to meet rising costs, potentially paving the way for the first price …
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BEIJING/SHANGHAI -China’s central bank cut key lending rates in a surprise move on Monday to revive demand as data showed the economy unexpectedly slowing in July, with factory and retail …
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HONG KONG -Hong Kong’s audit regulator said on Monday it has initiated an enquiry into the financial statements of China Evergrande Group’s property services unit and its former auditor after …
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Japan plans fresh package to cushion blow from rising living costs
by Reutersby ReutersBy Yoshifumi Takemoto and Kantaro Komiya TOKYO – Japanese Prime Minister Fumio Kishida on Monday instructed his ministers to draw up additional steps to cushion the economic blow from rising …