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…
By Yoruk Bahceli (Reuters) -The European Union is preparing to approach index providers for its debt to be included in their government bond indexes, an EU official told Reuters, a move that would attract steady demand from a much bigger pool of global investors. Index inclusion “is something we are discussing with market participants at…
By Aditi Shah NEW DELHI (Reuters) -Lufthansa is hopeful of finalising the partial takeover of Italy’s state-owned ITA Airways within days, an executive at the German carrier said on Thursday, describing talks with the Italian government as “very good.” The two airlines agree on how to work together to win market share, Harry Hohmeister, head…
A look at the day ahead in European and global markets from Wayne Cole. It was a long wait, but the Bank of Japan finally decided to hurry up and do nothing – well, almost nothing. The BOJ, it seems, will “patiently” continue with easing while “nimbly” responding to developments. Yield curve control remains as…
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks rose on Friday as strong corporate earnings lifted sentiment despite lingering worries over economic weakness, while the yen dipped after the Bank of Japan kept rates ultra-low even as it announced a broad review of monetary policy. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.45%…
BANGKOK (Reuters) – Thailand’s manufacturing production index (MPI) in March contracted 4.56% from a year earlier, as a global economic slowdown hurt exports, the industry ministry said on Friday. The figure compared with a forecast in a Reuters poll for a fall of 3.65%, and came after February’s revised 2.38% year-on-year decline. Output in the…
