MEXICO CITY (Reuters) – Grupo Mexico said on Sunday its negotiations with the government are facing difficulties after the Mexican Navy took over part of a railway in southern Mexico operated by a unit of the company last week. Grupo Mexico Transportes said negotiations with authorities about the railway concession spanning from Coatzacoalcos to Medias…
By Steve Keating ROCHESTER, New York (Reuters) – Brooks Koepka claimed a PGA Championship hat-trick and a landmark major win for LIV Golf on Sunday but the day also belonged to Michael Block, a 46-year-old club professional, who capped a golfing fairytale with a hole-in-one. Koepka, saying he had learned his lessons from last month’s…
SHANGHAI/SINGAPORE (Reuters) – China kept its benchmark lending rates unchanged for the ninth straight month on Monday, matching market expectations for May. China’s one-year loan prime rate (LPR) was kept at 3.65% and its five-year LPR was unchanged at 4.30%. In a Reuters poll of 26 market watchers conducted last week, 23 predicted no change…
TOKYO (Reuters) – Japan core machinery orders fell in March for a second straight month, indicating firms’ cautious about capital spending amid worries about the global economic slowdown. Japan’s economy emerged from recession in the first quarter as a post-COVID consumption rebound offset global headwinds. But tame reading in the machinery orders may cast doubts…
(Reuters) -Meta Platform Inc’s Instagram was back up for most users, the company said on Sunday, after a technical issue that disrupted services to thousands of people had been resolved. “Earlier today, a technical issue caused some people to have trouble accessing Instagram. We resolved the issue as quickly as possible for everyone who was…
(Reuters) -Meta Platform Inc’s Instagram was back up for most users, the company said on Sunday, after a technical issue that disrupted services to thousands of people had been resolved. “Earlier today, a technical issue caused some people to have trouble accessing Instagram. We resolved the issue as quickly as possible for everyone who was…
By Renee Maltezou and Lefteris Papadimas ATHENS (Reuters) -Greece’s ruling New Democracy party stormed to a crushing victory in a parliamentary election on Sunday but fell just short of the threshold needed to form a government on its own, making a runoff election in a month more likely. With most votes counted, conservative New Democracy…
SEOUL (Reuters) – South Korean exports in the first 20 days of May fell 16.1% from a year earlier and imports dropped by 15.3%, customs agency data showed on Monday. The country’s trade balance came in at a $4.3 billion deficit for the May 1-20 period, the data showed. That compares with a 14.2% decline…
By Ira Dugal MUMBAI (Reuters) -India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023. The decision is reminiscent of a shock…
(Reuters) -Warner Bros Discovery Chief Executive David Zaslav was booed by students after taking the stage at Boston University to accept his honorary degree and give the 2023 commencement speech, amid an ongoing strike by film and television writers over pay, videos that surfaced on social media show. The Hollywood Reporter first reported the incident…
