By Ashitha Shivaprasad (Reuters) -A U.S. weather forecaster on Thursday predicted a 62% chance of the El Niño phenomenon developing in the Northern Hemisphere during May-July, and a strong chance toward end-year, likely compounding risks to crops across the globe. “The coastal warming in the eastern Pacific may foreshadow changes across the Pacific basin. Therefore,…
By Luis Jaime Acosta BOGOTA (Reuters) – More than 17,600 people are members of the four major armed groups and 23 gangs with which the Colombian government hopes to reach peace or surrender deals, two security agency reports seen by Reuters show. The newly updated figures, which have not been reported before, are an effort…
By Kiyoshi Takenaka and Ankur Banerjee TOKYO (Reuters) -Japanese technology investor SoftBank Group Corp has moved to sell almost all of its remaining shares in Alibaba Group Holding Ltd, the Financial Times reported, sending the Chinese e-commerce giant’s Hong Kong-listed shares lower. The sale would come as valuations of China’s big tech firms have started…
By Jarrett Renshaw and Andrea Shalal WASHINGTON (Reuters) -When OPEC+ made a surprise decision earlier this month to cut oil production, President Joe Biden responded with the political equivalent of a shrug – a far cry from his declaration that there would be “consequences” for Saudi Arabia, the de facto head of the oil cartel,…
BERLIN (Reuters) – Volkswagen called on Thursday for the implementation of new EU emissions standards to be pushed to at least autumn of 2026, slightly over a year later than planned, with the aim of all new cars meeting the standards by autumn 2027. The carmaker could meet this timeline provided the law comes into…
By Eimi Yamamitsu (Reuters) – Uniqlo parent Fast Retailing Co Ltd reported a 16% jump in first-half profit and lifted its full-year outlook on Thursday, as the Japanese apparel retailer saw signs of recovery in China and strong sales growth in Europe and North America. Known for its affordable fleece jackets and “Heattech” thermals, Uniqlo…
By Steve Scherer and Ismail Shakil (Reuters) -The banking stress in the United States and Europe has had a limited impact on Canada’s financial system so far, Bank of Canada Governor Tiff Macklem said on Thursday, adding though that there was a need to actively monitor risks to the system. “You’re seeing a little bit…
DUBLIN (Reuters) – Ireland’s data regulator has one month to make an order on blocking Facebook’s transatlantic data flows, European Union regulators said on Thursday. EU regulators led by Ireland’s Data Protection Commissioner (DPC) Helen Dixon have been finalising a ban on the legal tool used by Facebook to transfer European user data because of…
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s parliament on Thursday ruled against providing funds for provincial snap polls ordered by the Supreme Court, creating new discord between the judiciary and government amid months of political and economic turmoil. The chief justice had already summoned government finance officials to his chamber on Friday to seek a reply…
By Guy Faulconbridge, Andrew Osborn and Filipp Lebedev MOSCOW (Reuters) -Alexei Navalny, Russia’s most prominent opposition politician, is grappling with severe stomach pain in jail that could be some sort of slow acting poison, his spokeswoman said on Thursday. An ambulance was called for Navalny overnight on Friday to Saturday to the maximum security IK-6…
