By Trevor Hunnicutt and John Irish WASHINGTON/PARIS (Reuters) -The longest shadows at the Group of Seven (G7) leaders’ summit this week will be cast by two countries that weren’t even invited to the Hiroshima gathering: China and Russia. As the heads of the world’s advanced democracies meet for three days from Friday in the western…
LONDON (Reuters) – An investor has raised a fresh question with the EMEA Credit Derivatives Determination Committee on whether a credit event occurred with regards to Credit Suisse, renewing a push to trigger payout on credit insurance linked to the Swiss lender. The question, which is asking for a ruling on whether a bankruptcy credit…
(Reuters) – Grab Holdings Ltd said on Thursday that an early Ramadan weighed on sales at its delivery business, taking the shine off an otherwise positive quarter and sending the Southeast Asian company’s shares down 2.5% before the bell. Total platform sales at Grab’s delivery business – its biggest – fell 9% in the March…
JERUSALEM (Reuters) – Israeli nationalists marking the 1967 capture of East Jerusalem were to march through the Muslim quarter of the Old City on Thursday in an annual parade that Palestinians see as a provocation. Here are details on “Jerusalem Day” and why it stirs fears of renewed violence: WHAT IS JERUSALEM DAY? Israel fought…
By Zohra Bensemra and Mahamat Ramadane KOUFROUN, Chad (Reuters) – Fleeing the village to escape from attackers, crossing a desert border, building a shelter from straw and rags, waiting for food aid: these are familiar hardships for Halime Adam Moussa, who has fled Sudan for Chad with her family for a second time. Moussa, 68,…
By Summer Zhen HONG KONG (Reuters) – As Japan’s stock market roars to multi-decade highs, large investors with long memories say they are staying out, wary of sagging momentum and the prospect the central bank will unwind its massive monetary stimulus. Riding a wave of buybacks and strong corporate earnings, and pumped up by a…
By Paul Lienert (Reuters) – General Motors has said it will have the capacity to build 1 million electric vehicles in North America by 2025, but a slow ramp-up of its three U.S. battery plants could limit actual EV production to less than 600,000 at mid-decade, according to a forecast and analysis prepared for Reuters….
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Governor and vice chair nominee Philip Jefferson said progress on inflation may be slowing but said it was also too early in the policy tightening process to judge the full impact of the rapid rate increases approved by the central bank so far. Inflation “is still too…
(Reuters) -General Electric Co said on Thursday Carolina Dybeck Happe would step down as finance chief of the industrial giant, as it prepares to complete the spin-offs of its businesses next year. Rahul Ghai will become the CFO of GE, effective Sept. 1, while retaining his role as the finance chief of GE Aerospace, which…
By Lisa Baertlein CHICAGO (Reuters) – Some U.S. importers who shifted cargo away from West Coast ports to rival gateways over fears that labor contract talks could disrupt shipments have begun bringing some of that volume back, even as those negotiations stretch into their 13th month, company supply chain executives said. But anxiety over labor…
