By Simon Jessop and Tommy Wilkes LONDON (Reuters) – Standard Chartered Plc said on Friday it has changed its target for curbing carbon emissions associated with its loans to oil and gas companies, ditching a methodology that critics say allows climate-damaging emissions to rise. The Asia, Africa and Middle East-focused bank had previously set a…
By Steve Holland and Kanishka Singh WASHINGTON (Reuters) -Former U.S. Vice President Mike Pence appeared before a grand jury investigating former President Donald Trump’s role in efforts to overturn the 2020 election, a source familiar with the matter told Reuters on Thursday. Pence was inside U.S. District Court in Washington for more than seven hours,…
By Iain Withers and Lawrence White LONDON (Reuters) -British bank NatWest posted better than expected profit for the first three months of 2023 as income soared 37%, even as inflation hammered households and fierce pricing competition squeezed the bank’s customer deposits. NatWest reported pretax profit of 1.8 billion pounds ($2.25 billion) for the first quarter,…
By Richa Naidu and Jessica DiNapoli LONDON/NEW YORK (Reuters) – Sudan’s eruption into conflict has left international consumer goods makers racing to shore up supplies of gum arabic, one of the country’s most sought-after products and a key ingredient in everything from fizzy drinks to candy and cosmetics. About 70% of the world’s supply of…
By Alessandro Parodi and Alberto Chiumento (Reuters) – Marilyn Nabor, an experienced high school mathematics teacher in the Philippines, moved to Italy 14 years ago with high hopes of honing her craft in the country of Galileo and Fibonacci. Now aged 49, she works as a housekeeper in Rome, counting cobwebs and crockery, and has…
By Krishn Kaushik NEW DELHI (Reuters) -India’s defence minister told his Chinese counterpart on Thursday that improved relations depend on “peace and tranquillity” returning to their frontier disturbed by military tensions, the Indian government said. Relations between the nuclear-armed Asian giants have deteriorated since mid-2020, when Chinese and Indian troops clashed on their disputed Himalayan…
(Reuters) -Three U.S. Army pilots were killed and one was injured in Alaska on Thursday when two Apache helicopters returning from a training mission collided in flight, the 11th Airborne Division of the Army said. Two soldiers were declared dead at the scene and a third died on the way to hospital, the army unit…
BERLIN (Reuters) -Mercedes-Benz lifted its outlook on Friday for the annual adjusted return on sales of its vans division to 11%-13% from 9-11% previously, and said it expected to hit the higher end of its 12%-14% forecast for returns in the cars division. Overall, global growth was likely to remain subdued, but inflation was gradually…
BEIJING (Reuters) – China’s factory activity likely expanded at a slower pace in April, a Reuters poll showed on Friday, pointing to the strains on the manufacturing sector from weak global demand and a slow recovery in the long-depressed domestic property industry. The official manufacturing purchasing managers’ index (PMI) is expected to have edged down…
By Brendan O’Brien (Reuters) -Television personality Jerry Springer, known for a long-running talk show that featured raucous audiences, controversial topics and fist-fighting guests and who briefly served as Cincinnati mayor, died at age 79 on Thursday, his family said. Springer died peacefully after a brief illness at his home in suburban Chicago, his family said…
