(Reuters) – China’s ambassador to the United States has thanked billionaire Elon Musk for proposing a special administration zone for Taiwan but stressed Beijing’s call for “peaceful reunification and ‘one country, two systems’” for the island. Days after floating a possible deal to end the war between Russia and Ukraine that drew condemnation in Ukraine,…
By Tassilo Hummel and Caroline Pailliez PARIS (Reuters) -TotalEnergies on Sunday proposed to bring forward annual wage talks, in response to union demands, to try to end a protracted strike that has disrupted supplies to almost a third of the country’s petrol stations. “Provided the blockades will end and all labour representatives agree, the company…
MOSCOW (Reuters) -The Kremlin on Sunday praised OPEC+ for agreeing production cuts that had successfully countered the “mayhem” sown by the United States in global energy markets. The OPEC+ decision to cut oil production despite stiff U.S. opposition has further strained already tense relations between President Joe Biden’s White House and Saudi Arabia’s royal family,…
(Reuters) – The Kremlin praised OPEC+ for helping to counter what it said was the mayhem sown by the United States in global energy markets. Kremlin spokesman Dmitry Peskov said it is very good that such “balanced, thoughtful and planned work of the countries, which take a responsible position within OPEC, is opposed to the…
By Andres Gonzalez, Svea Herbst-Bayliss and David Randall LONDON/NEW YORK (Reuters) – Elon Musk’s $44 billion Twitter takeover saga comes with all the drama necessary to be immortalised in case studies for future captains of industry, as the tycoon’s on-off pursuit of the social media platform and unique management style make for a union like…
By Andrea Shalal LVIV, Ukraine (Reuters) -Victoriia Maslova abandoned her herbal cosmetics factory in the Ukrainian town of Bucha on the first day of Russia’s invasion of the country, fleeing to Poland with her mother and three younger brothers when rockets began hitting a nearby airport. A month later, they were back in Ukraine, determined…
(Reuters) -Nissan Motor Co Ltd is pressing French partner Renault SA to cut its stake in the Japanese automaker as much as possible, ideally to 15%, and may consider raising funds to buy back the shares, a source familiar with the matter said. The demands were made in exchange for Nissan agreeing to invest in…
(Reuters) – French carmaker Renault SA is open to reducing its stake in Japanese automaker Nissan Motor Co Ltd, Bloomberg News reported on Saturday, citing people familiar with the discussions. According to the report, Nissan is pressing Renault to reduce its stake to 15%. The French automaker owns about 43% of Nissan. The reduction would…
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentina will regulate import authorizations more closely in an effort to prevent fraud and preserve reserves of U.S. dollars, Economy Ministry sources said on Saturday. The new system will include verification that the size of an importer’s request is consistent with its financial resources; requiring importers to designate…
(Reuters) – Ukraine’s economy shrank by an estimated 30% in the first three quarters of 2022 compared with the same period in 2021, largely due to Russia’s invasion, the economy ministry said on Saturday. Bad weather in September that slowed the pace of harvesting also played a role, as did interruptions in supply from the…
