By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS (Reuters) – Chevron Corp’s renewed oil operations in Venezuela begin a new phase next month that will boost production with the goal of accelerating a plan to recover all of the $3 billion of debt owed by the OPEC member by the end of 2025, four people close…
By Arpan Chaturvedi, Aditi Shah and Aditya Kalra NEW DELHI (Reuters) – Go Airlines (India) Ltd was granted bankruptcy protection on Wednesday, bolstering the country’s fourth-largest carrier chances of getting back on its feet, but lessors are expected to mount legal challenges to repossess planes. The low-cost carrier, recently rebranded as Go First, was plunged…
A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve’s willingness to end its interest rate rise campaign here hinges just a few high-frequency data points over the months ahead – and April’s inflation readout sits high on that list. With markets edgy about the U.S. debt ceiling…
By Helen Reid (Reuters) -Supermarket group Ahold Delhaize expects food inflation in Europe to slow in the second half of this year, CEO Frans Muller said on Wednesday after the retailer delivered a lower profit margin in Europe that disappointed the market. Ahold shares fell 1.7% by 0940 GMT after its operating profit margin in…
(Reuters) -Britain is set to formally classify Russian mercenary force Wagner Group as a terrorist organisation as a way of increasing pressure on Russia, The Times newspaper reported on Tuesday. Wagner mercenaries have spearheaded Russia’s months-long assault on the Ukrainian city of Bakhmut. The Home Office has been building a case for two months and…
By Steve Gorman (Reuters) -The man who shot eight people to death at a Dallas-area shopping mall over the weekend harbored neo-Nazi sympathies but appeared to have targeted his victims at random, without regard for race, age or sex, Texas law enforcement officials said on Tuesday. Authorities also disclosed new details about the gunman’s background….
By Philip Pullella VATICAN CITY (Reuters) – It was a rare day at the Vatican on Wednesday as two popes shared the limelight in St Peter’s Square – Pope Francis and His Holiness Pope Tawadros II of the Coptic Orthodox Church. Tawadros, dressed in black robes, was the guest of honour at Francis’ general audience…
KYIV (Reuters) – Russian forces are planning to evacuate more than 3,000 workers from the town that serves the occupied Zaporizhzhia nuclear power plant, resulting in a “catastrophic lack” of personnel, Ukraine’s state-owned Energoatom company said on Wednesday. Last week, the head of the U.N.’s nuclear power watchdog, Rafael Grossi, said the situation around the…
By Lewis Jackson, Siyi Liu and Melanie Burton SYDNEY (Reuters) – Australia exported roughly $40 million worth of copper ore and concentrate to China early this year, Australian customs data shows, a sign of industry hope that trade in the red metal will resume as diplomatic relations improve. Australian trade data shows exports worth A$60.5…
By Lewis Jackson, Siyi Liu and Melanie Burton SYDNEY (Reuters) – Australia exported roughly $40 million worth of copper ore and concentrate to China early this year, Australian customs data shows, a sign of industry hope that trade in the red metal will resume as diplomatic relations improve. Australian trade data shows exports worth A$60.5…
