By Rowena Edwards LONDON (Reuters) -Oil prices slipped on Friday, heading for a fourth weekly decline, as renewed economic concerns in the United States and China revived concern about fuel demand growth in the world’s two largest oil consumers. Brent crude futures fell 43 cents, or 0.57%, to $74.55 a barrel by 0931 GMT. West…
By Asif Shahzad (Reuters) – Created by military dictator late General Pervez Musharraf and currently headed by a retired general, Pakistan’s powerful anti-graft agency that arrested former prime minister Imran Khan in a land fraud case has a mandate to end corruption in the country. The National Accountability Bureau (NAB) has investigated, tried and jailed…
HONG KONG (Reuters) -Hong Kong’s economy grew 2.7% in the first quarter from a year earlier, government data showed on Friday, thanks to a strong recovery of inbound tourism and domestic demand which would remain drivers for growth this year. It was the first quarter of growth after four consecutive ones of contraction. The city’s…
By Daniel Leussink and Kantaro Komiya TOKYO (Reuters) -Toyota Motor Corp said on Friday the vehicle data of 2.15 million users in Japan, or almost the entire customer base who signed up for its main cloud service platforms since 2012, had been publicly available for a decade due to human error. The incident, which also…
By Dan Peleschuk KYIV (Reuters) – Ukraine’s crackdown on corruption has raised eyebrows in recent months by going after respected former technocrats who helped repair the country after the political upheaval of 2014. Chief anti-corruption prosecutor Oleksandr Klymenko is aware of public pressure to put more prominent names or current officials behind bars. But he…
By Mike Scarcella and Jahnavi Nidumolu NEW YORK/BENGALURU (Reuters) -Pratt & Whitney on Thursday opposed Go Airlines (India) Ltd’s push to enforce an arbitration ruling in an engine dispute, with the U.S. company arguing in a Delaware court that the Indian airline’s bankruptcy filing has raised risks for it. The Indian airline, widely known as…
By Ted Hesson WASHINGTON (Reuters) – Immigration advocates represented by the American Civil Liberties Union (ACLU) filed a legal challenge on Thursday minutes before a U.S. regulation restricting access to asylum at U.S.-Mexico border was set to take effect. In a motion filed before a federal judge in California, the groups want to re-open an…
WASHINGTON (Reuters) -Dutch medical device maker Philips will pay $62 million (56 million euros) to resolve charges it violated the Foreign Corrupt Practices Act over its conduct related to sales of medical equipment to China, the U.S. Securities and Exchange Commission said on Thursday. Philips said the settlement related to allegations of “irregularities in the…
(Reuters) – Volkswagen’s said on Friday its group deliveries jumped 39% year-on-year in April, bringing the total number of vehicles shipped worldwide that month to 720,200. The result was particularly boosted by a 79% surge in China, where the leading German automotive group delivered 255,700 cars. In Western Europe, it had sent a total of…
By Brad Brooks (Reuters) – A federal judge in Virginia has struck down federal laws that block the sale of handguns to buyers under the age of 21, ruling they violate constitutional rights to possess firearms. The ruling, which the Justice Department is expected to challenge, will not take effect until judge Robert Payne, of…
