MIsc. News

By Joanna Plucinska, Valerie Insinna and James Pearson LONDON/WASHINGTON (Reuters) – The aviation industry will press regulators this week for urgent action to help tackle GPS “spoofing” amid a surge …

By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada (BoC) is expected to keep its overnight rate on hold on Wednesday when it also releases new inflation and growth …

ABUJA/WASHINGTON (Reuters) – Secretary of State Antony Blinken on Tuesday said the United States is determined to remain a strong security partner for Nigeria, whose military is backed by the …

By Maria Martinez and Klaus Lauer BERLIN (Reuters) -Germany’s economic downturn worsened this month as both manufacturing and services activity contracted, with signs of Red Sea disruption hitting delivery times, …

By Chris Taylor NEW YORK (Reuters) – Despite a bullish U.S. stock market and strong economy, workers axed in mass layoffs are struggling to get back on their feet. Recent …

A look at the day ahead in U.S. and global markets from Dhara Ranasinghe China appears to be waking up to the need to restore confidence in the world’s number …

(Reuters) – China’s central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, governor Pan Gongsheng said on Wednesday, the first such cut …

TOKYO (Reuters) -Japanese electric motor maker Nidec Corp slashed its full-year operating profit forecast by nearly a fifth on Wednesday, warning of uncertainty in demand and intensifying price competition in …

By Linda Pasquini (Reuters) -German sportswear company Puma on Wednesday forecast sales and profits this year below analyst expectations, sending its shares down over 8% to their lowest since 2018, …

By Elizabeth Howcroft and Kirstin Ridley LONDON (Reuters) – Cryptocurrency lender Nexo is seeking $3 billion in damages from Bulgaria over an aborted criminal investigation that the company alleges scuppered …

By Sarah Marsh BERLIN (Reuters) – The proportion of German firms exiting the Chinese market or considering doing so has more than doubled to 9% in the past four years, …

By Huw Jones LONDON (Reuters) – Banks in the European Union face closer scrutiny of how they assess the impact of interest rate changes on their balance sheets after an …

MOSCOW (Reuters) – Boris Nadezhdin, a 60-year-old former opposition lawmaker, is running a long-shot campaign to challenge Vladimir Putin for the Russian presidency and says his call to end Russia’s …

By Clare Jim HONG KONG (Reuters) – A key offshore bondholder group of China Evergrande plans to join a petition to liquidate the developer at a hearing in a Hong …

(Corrects the headline to delete “rate” and changes to reserve requirement ratio cuts in the 2nd paragraph) By Summer Zhen HONG KONG (Reuters) -Hong Kong stocks clocked their best day …

(Reuters) -French healthcare company Sanofi has agreed to buy U.S. biotech firm Inhibrx in a deal valued at up to $2.2 billion, bolstering its drug development portfolio with an experimental …

By Hakan Ersen and Supantha Mukherjee (Reuters) -Shares of SAP SE jumped 7% to an all-time high after the German software firm forecast growth in cloud revenue and said it …

By Rich McKay and Julia Harte (Reuters) – San Diego, renowned for its mild, sunny weather, was mopping up on Tuesday after the heaviest rainfall ever recorded in the city …

By Helen Reid LONDON (Reuters) – Carrying more stock, switching to suppliers nearer to consumers and reducing dependence on China are tactics European and U.S. retailers used to build more …

By Andrew Mills, Nidal al-Mughrabi, Ahmed Mohamed Hassan and Dan Williams DOHA/CAIRO/JERUSALEM (Reuters) -Israel and Hamas broadly agree in principle that an exchange of Israeli hostages for Palestinian prisoners could …

By Josh Smith and Hyunsu Yim SEOUL (Reuters) -North Korea is developing artificial intelligence (AI) and machine learning for everything from how to respond to COVID-19 and safeguard nuclear reactors …

By Md Manzer Hussain (Reuters) – Stock markets in the Gulf were up on Wednesday in early trade amid rising oil prices and robust corporate earnings, with the Dubai index …

(This Jan. 23 story has been refiled following clarification from a Lucid official and adds the word ‘solely’ in paragraph 27) By Pesha Magid RIYADH (Reuters) – Riyadh has spent …

BERLIN (Reuters) -Germany’s Ifo institute again downgraded its 2024 economic growth forecast on Wednesday, citing uncertainty caused by changes to the federal budget necessitated by a court ruling. The institute …

By Dharamraj Dhutia MUMBAI (Reuters) – India’s banking system liquidity deficit hit a record high, data showed on Wednesday, amid outflows towards tax payments and limited government spending, with traders …