G7 To Discuss Ukraine Support After Attacks On Energy Infrastructure
EU Energy Commissioner Kadri Simson said on Tuesday during a visit to Kyiv that the European Union, together with partners, was exploring ways to increase help for Ukraine's energy sector.
IMF Names Veteran Argentina, Ukraine Negotiator Kozack As New Spokesperson
Julie Kozack, who holds a doctorate in economics from Columbia University, also oversaw the IMF's negotiations with Argentina. She currently serves as deputy director of the IMF's European Department.
Economic Slump Nudges Down Platinum And Palladium Forecasts - Reuters Poll
Prices of the two metals are largely unchanged from the start of the year, with platinum hovering around $950 an ounce and palladium around $1,900 an ounce.
Ukraine Grain Export Deal Resumes Days After Russia Suspends Involvement
The defence ministry justified the resumption by saying it had received guarantees from Ukraine that it would not use the Black Sea grain corridor for military operations against Russia.
Brazil Moves Closer To China Corn Exports As Beijing Approves Traders
Small Chinese imports from Brazil may begin soon, but larger shipments are not expected until the next harvest begins in early 2023, he added.
Binance CEO Sees No Threat To Crypto From Central Banks' Digital Currencies
Most major central banks, including the U.S. Federal Reserve, the Bank of England and the European Central Bank, are studying the potential launch of a digital version of their currencies, dubbed CBDC.
UK Considering Delay To Northern Ireland Elections, Ireland Minister Says
The deadline passed last week for forming a power-sharing government following elections in May and Britain's Minister for Northern Ireland Chris Heaton-Harris said he was legally obliged to call new elections within 12 weeks.
Ukraine's First Lady: 'We Are In Trouble' If Solidarity Fades
"I don't want to believe that support (for Ukraine) is fading. I believe it won't diminish," Zelenska told Reuters in an interview on the sidelines of Europe's largest tech event, Lisbon's Web Summit.
Analysis-Arabs View Revived Netanyahu With Concern But As Balance Against Iran
It was under Netanyahu's government that Israel normalised relations in 2020 with the United Arab Emirates and Bahrain, and Morocco.
White House Says North Korea Supplying Russia With Artillery Shells
White House National Security spokesperson John Kirby told a virtual briefing that North Korea was attempting to obscure the shipments by funneling them through countries in the Middle East and North Africa.
Russia Fails At UN In Bid For Ukraine, US Bioweapons Inquiry
Only China voted with Russia in favor of a draft Security Council resolution on the measure.
In Bahrain, Pope's Message May Get Caught In Shi'ite-Sunni Muslim Divide
It is only the second visit by a pope to the Arabian Peninsula, following his 2019 visit to the United Arab Emirates, when he became the first pontiff to visit and say a Mass in the peninsula.
Gunmen Kidnap Dozens Of Children From Nigerian Farm, Police Say
Dozens of children were abducted by gunmen from a farm in northern Katsina state and the kidnappers were demanding a ransom for their release, police and residents said on Wednesday.
U.S. Wants To Oust Iran From U.N. Women's Commission
Iran is just starting a four-year term on the commission, which meets annually every March and aims to promote gender equality and the empowerment of women.
Moody's Cuts Outlook For European Banks, Including Germany's, On Credit Woes
The downgrade also affects banking sectors in the Czech Republic, Hungary, Poland and Slovakia, and Moody's said the grouping includes those most at risk of energy price inflation and possible energy rationing.
Novo Nordisk Sees Faster Profit Growth On Demand For Diabetes Drug Ozempic
In a statement on Wednesday, it predicted 2022 operating profit growth at constant exchange rates of 13-16%, up from a previous target range of 11-15%.
Wizz Air Eyes More Growth, Sees Travel Demand Holding Up
Wizz's upbeat forecast chimes with the outlook from other European airlines including British Airways-owner IAG and Lufthansa, which have all said they are seeing continued growth in ticket sales.
Microsoft's President Warns Of Talent Shortage For Tackling Climate Change
Microsoft Corp's President Brad Smith said common instruction on issues like carbon accounting was too piecemeal for the roughly 3,900 companies that have vowed to cut their CO2 emissions.
Nomura Calls Quarterly Profit Unsatisfactory As Market Downturn Bites
Nomura, which has long struggled to fulfil its ambition of successfully expanding outside Japan, has like rival banks been hit hard as the war in Ukraine and sharply rising interest rates slow global economic activity and create turbulent markets.
Barclays Builds Up Asia Business, Sees Growth In India And Australia
Barclays Plc, which recently made big investments in India and Australia and set up a Taiwan subsidiary in July, is evaluating entering new markets but is currently focused on building up its franchises, its top regional executive said.
KFC's Middle East And North Africa Franchisee Plans Dual Listing In UAE, Saudi
The IPO would start from Nov. 14 to Nov. 21 for retail investors in the UAE and Saudi Arabia, and Nov. 14 to Nov. 22 for institutional investors in both the countries.
US FCC Commissioner To Visit Taiwan To Discuss Cybersecurity, Telecoms
China, which claims the island as its own despite strong objections by Taiwan's government, has in the past reacted with anger to such official exchanges between Taipei and Washington.
Worries Over Germany's China Dependency Overshadow Scholz Trip
His one-day visit on Nov. 4, will make Scholz the first G7 leader to visit China since the start of the COVID-19 pandemic and the first to meet Chinese President Xi Jinping since he consolidated his grip on power at a Communist Party Congress.
Energy Crisis Chips Away At Europe's Industrial Might
Energy-intensive industries, such as aluminium, fertilisers, and chemicals are at risk of companies permanently shifting production to locations where cheap energy abounds, such as the United States.
Baby Formula Maker Perrigo Buying Nestle's Good Start Brand, Wisconsin Plant
The deal is part of a $170 million investment that Perrigo is making in its U.S. infant formula manufacturing.
Netanyahu Set For Comeback, Says On Brink Of "big" Election Win
His voice hoarse from weeks of campaigning across the country, Netanyahu vowed to form a "stable, national government," as the crowd interrupted him singing "Bibi, king of Israel."
Bentley's Profit Gets A Lift From Niche, Personalised Cars
Bentley said global sales were up 3% at 11,316 units, while revenue jumped 28% to 2.49 billion euros from 1.95 billion a year earlier.
Takeoff Of Rap Group Migos Shot Dead At Houston Party
The rapper was a key member of the trend-setting Atlanta-based hip hop trio whose hits include "Bad and Boujee" featuring rapper Lil Uzi Vert, "MotorSport" and "Walk It Talk It."
BOJ's Kuroda Flags Tweak To Ultra-low Interest Rates As Future Option
Under YCC, the BOJ guides short-term interest rates at -0.1% and the 10-year bond yield around zero as part of efforts to sustainably prop up inflation to its 2% target.
Ukraine's First Lady: Tech Must Be Used To Save People, Not To Kill
Describing technology as a "battlefield" in the Russian invasion of Ukraine, Olena Zelenska said that technological equipment such as drones and missiles were being used to "kill people," not to save them.