By Sarah Young and Paul Sandle LONDON (Reuters) -British engine maker Rolls-Royce said the new CEO’s plan to boost the company’s profitability was moving “at pace”, and it was on track to meet 2023 forecasts, buoyed by cost savings and the ongoing travel recovery. But shares in the company, which has been one of the…
By Andrew Hay (Reuters) – The prop supplier for “Rust” said the movie’s armorer told him that before the production she bought the same type of ammunition as the live round that killed the cinematographer during filming in 2021, according to sheriff’s office records. Armorer Hannah Gutierrez-Reed is the only person still facing charges in…
FRANKFURT (Reuters) -Euro zone consumers raised their inflation expectations in March for the first time since the autumn, even as the rate of price growth fell and the European Central Bank kept raising interest rates, an ECB survey showed on Thursday. The median respondent in the latest Consumer Expectation Survey saw prices growing by 5.0%…
By Andrea Shalal NIIGATA, Japan (Reuters) – Brazilian Finance Minister Fernando Haddad expressed serious concerns on Thursday that Argentina’s economic challenges and a major drought there could affect the country’s “political destiny” and usher in an extremist government. “We are worried because this situation may affect the political destiny of Argentina,” Haddad told U.S. Treasury…
DUBAI (Reuters) – Abu Dhabi oil giant ADNOC intends to offer 15% of its shares in unit ADNOC Logistics & Services (ADNOC L&S) through an initial public offering (IPO) on the Abu Dhabi stock exchange, the company said on Wednesday. ADNOC will offer about 1.1 billion shares in its maritime logistics services unit, which is expected…
By Kate Lamb LABUAN BAJO, Indonesia (Reuters) -Southeast Asia’s ASEAN grouping will not give up trying to end violence in fellow member Myanmar even though the ruling military there has made no progress on a peace plan it agreed with the bloc two years ago, Indonesia said on Thursday. Frustration has mounted among some members…
By Leika Kihara NIIGATA, Japan (Reuters) – Calm has returned to the global financial system after the recent failure of several U.S. banks, but Group of Seven (G7) finance leaders will communicate closely to respond to any renewed instability, Bank of Japan (BOJ) Governor Kazuo Ueda said on Thursday. Ueda also said there was no…
TOKYO (Reuters) – Japan’s Honda Motor Co on Thursday forecast a 19.1% rise in operating profit for this business year, after it missed analysts’ estimates in the fourth quarter. Japan’s second-biggest automaker forecast full-year operating profit rising to 1.0 trillion yen ($7.40 billion) compared with a 985.62 billion yen average profit expected by 21 analysts….
ROME (Reuters) -Italy’s antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple for alleged abuse of its dominant position in the apps market. The watchdog said Apple penalised third-party app developers by imposing “a more restrictive privacy policy” than it applies to itself, from April 2021. Furthermore, external…
By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) – Stranded without work for months, hundreds of South Asian migrants in Malaysia say they are losing hope after failing to find jobs promised to them by recruitment agents in exchange for thousands of dollars in fees. At a students’ dormitory about 40 km (25 miles)…
