By Emily Chan TAIPEI (Reuters) – Some Taiwanese holders of Russian Eurobonds have not received interest due on May 27 after a grace period expired on Sunday evening, two sources said, potentially setting Moscow on track for its first major external sovereign default in over a century. Russia was due to make $100 million in…
TAIPEI (Reuters) – Taiwan and the United States will hold trade talks on Monday under a newly agreed framework, the office of the U.S. Trade Representative said. Deputy U.S. Trade Representative Sarah Bianchi will meet the island’s top trade negotiator, John Deng, to discuss an initiative on 21st-century trade, her office said, without providing details….
By Rajendra Jadhav, Maximilian Heath and Nigel Hunt MUMBAI/BUENOS AIRES/LONDON (Reuters) – It only took 24 hours last month for Prime Minister Narendra Modi’s government in India – the world’s second-largest producer of wheat – to shelve its plans to “feed the world”. In April, Modi had said publicly that the world’s most populous democracy…
(Changes placement of quotation mark in headline) By Karen Sloan and Jacqueline Thomsen (Reuters) -The largest U.S. law firms did not take a public stance following the U.S. Supreme Court’s reversal of Roe v. Wade on Friday, diverging from the approach of some major companies that have made statements on the closely watched abortion case….
By Daniel Leussink YAMAGATA, Japan (Reuters) – Japanese farmer Kiyoharu Hirao has started to add more rice to the mix he gives his cattle in order to stretch his money further as a plunging yen drives up the cost of imported corn used in animal feed. That makes him worried about the quality of his…
Russia is poised to default on its foreign debt for the first time since the 1917 Bolshevik Revolution, further alienating the country from the global financial system following sanctions imposed over its war in Ukraine. The country faces a Sunday night deadline to meet a 30-day grace period on interest payments originally due May 27….
DUBLIN (Reuters) – Less than 2% of Ryanair flights scheduled between Friday and Sunday were affected by cabin crew strikes, the Irish low-cost carrier said. Ryanair cabin crew unions in Belgium, Spain, Portugal, France and Italy had announced plans for action over the weekend with crews in Spain set to strike again on June 30…
BERLIN (Reuters) – Europe will mobilize 300 billion euros in private and public funds over five years to fund infrastructure in developing countries as part of the G7’s drive to counter China’s multitrillion-dollar Belt and Road project, European Commission President Ursula von der Leyen said on Sunday. “It is up to us to give a…
As workers at major companies increasingly move to unionize, the political environment for labor couldn’t be more ripe. Perhaps nowhere is that more accurate than at the National Labor Relations Board, the agency that enforces the country’s labor laws and oversees union elections. In the past year, the Biden-appointed top prosecutor Jennifer Abruzzo has been…
WASHINGTON (AP) — Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices and pocket the profits. Responding to that sentiment, the Democratic-led House of Representatives last month passed on a party-line vote — most Democrats…
