FRANKFURT (Reuters) – Thyssenkrupp is not ruling out a sale, spin-off or merger of its steel division to realise a stand-alone scenario it deems best for the business, but added there were no talks currently with German rival Salzgitter about a tie-up. “Consolidation in the steel business is an issue that has been discussed for,…
By Harry Robertson and Tom Westbrook SINGAPORE (Reuters) – The dollar was little changed on Thursday as investors digested mixed U.S. economic data, while the British pound rose ahead of the government’s budget update. The greenback has tumbled in recent weeks as inflation data and comments from Federal Reserve officials have suggested that the central…
CHISINAU, Moldova (AP) — Massive blackouts that temporarily hit more than a half-dozen cities across Moldova this week highlighted the impact Russia’s war in Ukraine is having on Europe’s poorest country. The power outages happened Tuesday as the Russian military pounded infrastructure targets across Ukraine, which borders Moldova. Less than a week earlier, the European…
ANKARA, Turkey (AP) — Turkish security forces have detained a suspect wanted in connection with the deadly bombing in Istanbul in an operation in a Turkish-controlled area in northwestern Syria, Turkey’s state-run news agency reported. Other suspects detained following the bombing will appear before court officials on Thursday to face possible charges or be released…
ROZANCI, Serbia (AP) — Forget whiskey or cognac. For Serbs, nothing beats homemade sljivovica, a plum brandy they hope will win U.N. recognition soon as an example of an important cultural tradition. Sljivovica (pronounced SHLI’-vuh-vitsah) has been handcrafted — and consumed — in Serbia for centuries, a custom carried from generation to generation that experts…
WARSAW, Poland (AP) — The long border between Finland and Russia runs through thick forests and is marked only by wooden posts with low fences meant to stop stray cattle. Soon, a stronger, higher fence will be erected on parts of the frontier. Earlier this month, Polish soldiers began laying coils of razor wire on…
HONG KONG (Reuters) – Hong Kong’s seasonally adjusted unemployment rate eased to 3.8% in the August-October quarter, improving for the sixth consecutive period as economic activities revive in an easing COVID situation, the government said on Thursday. In the July-September period, the unemployment rate stood at 3.9%. “As long as the epidemic remains under control…
(Reuters) – The founder of collapsed crypto exchange FTX, Sam Bankman-Fried, said he regretted his decision to file for bankruptcy and, in an interview published by Vox, criticized regulators. Bankman-Fried said later on Twitter that the basis of the interview, an exchange of messages on the same platform, was not supposed to be public. The…
NAIROBI, Kenya (AP) — A multi-story building under construction collapsed on a neighboring home in the outskirts of Kenyan capital Nairobi, killing two people on Thursday, authorities said. Three other people have been rescued alive from the family home that was next to the collapsed building located in the Ruaka suburb. The early morning collapse…
BEIJING (AP) — Asian stocks were mixed Friday after Wall Street declined following indications the Federal Reserve might raise interest rates higher than expected to cool inflation. Shanghai declined while Tokyo and Hong Kong advanced. Oil prices gained. Wall Street’s benchmark S&P 500 index lost 0.3% on Thursday after a Fed official indicated the U.S….
