MUMBAI (Reuters) -Private equity company Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China’s Fosun and the company’s founding family. Blackstone bought IGI, whose majority revenue and profits come from India, for about $530 million, a person with direct knowledge of the matter said on condition of…
By Jeff Mason and Trevor Hunnicutt HIROSHIMA, Japan (Reuters) – U.S. President Joe Biden on Sunday said he had received a “flat assurance” from Ukrainian President Volodymyr Zelenskiy that he would not use Western-provided F-16 fighter jets to go into Russian territory. Biden told reporters in Hiroshima, Japan, at the conclusion of a meeting of…
HIROSHIMA, Japan (Reuters) -Ukraine said on Sunday that it was still fighting for control of the eastern city of Bakhmut, after President Volodymyr Zelenskiy had said earlier that the city remained “only in our hearts.” Asked before a meeting with U.S. President Joe Biden in Japan if the city was still in Ukraine’s hands after…
By Trevor Hunnicutt and Jeff Mason HIROSHIMA, Japan (Reuters) – U.S. President Joe Biden on Sunday said he was willing to cut spending but would not agree to a deal with Republicans in Congress on raising the U.S. federal debt limit and cutting the budget solely on their terms. Speaking at a news conference in…
MUMBAI (Reuters) – Private equity giant Blackstone Inc said it has fully acquired the jewellery certification firm International Gemological Institute (IGI) from China’s Fosun and the company’s founding family. Blackstone acquired IGI- whose majority revenue and profits come from India- for about $530 million, said a person with direct knowledge of the matter. The statement…
VATICAN CITY (Reuters) – Pope Francis on Sunday called for warring factions in Sudan to set aside their weapons, expressing sadness at the violence that has continued for more than a month in the African nation. “In encouraging the partial agreements reached so far, I renew my heartfelt plea for weapons to be set aside,”…
By Felix Light TBILISI (Reuters) – The founder of Georgia’s national airline Georgian Airways has banned the country’s president from using its services after she said she would boycott the airline over its resumption of flights to Russia, Russia’s TASS news agency reported on Sunday. Russia announced this month it was lifting a four-year old…
By Trevor Hunnicutt and Andrea Shalal HIROSHIMA, Japan/WASHINGTON (Reuters) -U.S. President Joe Biden said on Sunday he plans to speak with top congressional Republican Kevin McCarthy on Sunday as part of increasingly last-minute talks over raising the federal $31.4 trillion debt ceiling. Biden, traveling in Japan for the Group of Seven (G7) summit, sought the…
(Reuters) – Russia claimed on Saturday to have fully captured the smashed eastern Ukrainian city of Bakhmut, which would mark an end to the longest and bloodiest battle of the 15-month war. The assault on the largely levelled city was led by troops from the Wagner Group of mercenaries, whose leader Yevgeny Prigozhin said earlier…
MUMBAI (Reuters) – India’s market regulator proposed measures to contain extreme price movements in shares on which futures and options trade, including longer trading suspensions and restricting price movements. The Securities and Exchange Board of India (SEBI) proposed in a consultation paper late on Sunday that if a share in the futures and options segment…
