BP unit to pay record $40 million to settle U.S. air pollution civil charges
By Sarah N. Lynch and Laura Sanicola WASHINGTON (Reuters) – A subsidiary of BP plc will pay a record-setting $40…
May 17, 2023
Russia confirms Black Sea grain deal renewed for two months, says ‘distortions’ remain
(Reuters) – Russia confirmed on Wednesday that a deal to allow Ukraine to export its grain safely across the Black…
Brazil’s ministers see room for rate cuts as central bank keeps cautious stance
BRASILIA (Reuters) – Brazil’s economic ministers on Wednesday highlighted the potential for monetary easing to kick off, while the central…
At Cannes, independent film firms optimistic as streamers stumble
By Miranda Murray CANNES (Reuters) – Independent film companies facing a market upended by the entry of streaming services are…
Subsidy cuts could derail Thyssenkrupp green steel project -labour bosses
By Tom Käckenhoff and Christoph Steitz DUESSELDORF/FRANKFURT (Reuters) -Thyssenkrupp’s labour bosses cranked up the pressure on Berlin to help fund…
China’s Tencent marks return to revenue growth in first quarter
By Josh Ye HONG KONG (Reuters) -China’s Tencent Holdings Ltd marked a return to revenue growth in the first quarter…
Global debt on the rise, EM crosses $100 trillion mark – IIF
By Rodrigo Campos NEW YORK (Reuters) – A measure of debt across the globe rose in the first quarter to…
Ukraine denies Russia destroyed Patriot missile defence system
KYIV (Reuters) – Ukraine denied on Wednesday that a Russian hypersonic missile had destroyed a U.S.-made Patriot missile defence system…
Ex-Pakistan PM Khan says police surround his house, fears re-arrest
By Asif Shahzad ISLAMABAD (Reuters) -Former Pakistani Prime Minister Imran Khan said on Wednesday that police had surrounded his house…
Tencent cuts cloud service prices up to 40% to fend off rivals
By Josh Ye HONG KONG (Reuters) -Chinese internet giant Tencent Holdings is cutting prices for cloud services by up to…