By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) – Pakistan has passed a special order to allow barter trade with Afghanistan, Iran and Russia for certain goods, including petroleum and natural gas, the Ministry of Commerce said on Friday. Left with barely enough foreign exchange reserves to cover one month’s imports, Pakistan’s government is…
By Pavel Polityuk KYIV (Reuters) -Ukrainian forces in Kyiv said on Friday they shot down 36 Russian missiles and drones in and around the capital overnight, with two people injured by falling debris before authorities lifted air raid alerts across most of the country. Russia has launched about 20 missile and drone attacks on Kyiv…
By Valentyn Ogirenko and Olena Harmash KYIV (Reuters) – A nine-year-old Ukrainian girl, her mother and another woman were killed in a Russian missile strike on Kyiv on Thursday after the air raid shelter they rushed to failed to open, witnesses said. President Volodymyr Zelenskiy expressed frustration at the miscue and said if local officials…
(Reuters) – General Motors Co and South Korea’s POSCO Future M said on Friday they will invest more to boost production at their chemical battery materials facility in Canada, taking their estimated total investment in the plant to over $1 billion. The companies said the new investment includes an additional CAM and a precursor facility…
DUBLIN (Reuters) – Ireland’s domestic economy returned to growth in the first three months of the year after a shallow recession, data showed on Friday, and the finance minister said momentum was set to continue as the country hits full employment. Modified domestic demand, the preferred gauge of the Irish economy due to the distorting…
By Jonathan Cable LONDON (Reuters) – A crash in British home prices is unlikely but they will dip further this year than earlier thought as the cost of living crisis and rising borrowing costs take their toll on indebted buyers, a Reuters poll showed. As in much of the world, home prices soared during the…
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is likely to continue to ease monetary policy, following a 250 basis points rate cut on Thursday, as it tries to boost economic growth and lower borrowing costs for the government in the crisis-hit economy. In a sign of confidence that the worst of Sri…
MEXICO CITY (Reuters) – Mexico has accepted a request from the United States to review an alleged denial of collective labor rights at U.S. tiremaker Goodyear’s plant in the central state of San Luis Potosi, the country’s economy and labor ministries said Thursday. An independent union had petitioned the U.S. government to open a case…
WASHINGTON (Reuters) -The House Oversight Committee’s Chairman James Comer opened a probe Thursday into U.S. Federal Trade Commission Chair Lina Khan’s management of the agency, citing complaints of abuse of power. Khan has angered companies and trade groups like the Chamber of Commerce by pushing the FTC, which enforces antitrust law and laws against deceptive…
(This June 1 story has been refiled to fix a tech glitch, with no changes to the text) By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday dealt another setback to organized labor by making it easier for employers to sue over strikes that cause property destruction in a ruling siding with…
