By Francis Mascarenhas, Sumit Khanna and Gibran Naiyyar Peshimam MANDVI, India/KARACHI (Reuters) – Strong winds, heavy rain and high tides lashed India’s Gujarat coast late on Thursday as cyclone Biparjoy made landfall after authorities there and in neighbouring Pakistan had evacuated more than 180,000 people to safety. Deserted coastal towns were battered in the dark…
WASHINGTON (Reuters) – National security advisers for the United States, Japan and South Korea on Thursday discussed maintaining stability in the Taiwan Strait and coordination over the East China and South China Seas, the White House said in a statement. The White House’s Jake Sullivan, along with his counterparts at a trilateral meeting in Tokyo,…
(Reuters) – Intel and the German government are close to an agreement for the chipmaker to receive 9.9 billion euros ($10.83 billion) in subsidies, up from a previously agreed 6.8 billion, Handelsblatt reported on Thursday, citing government sources. Final negotiations will take place this weekend, the newspaper reported, with Intel Chief Executive Pat Geisinger and…
By Saeed Azhar NEW YORK (Reuters) -Bank of America Corp on Thursday said it has committed more than $500 million in equity investments to funds led by minority and women entrepreneurs, more than doubling from its initial commitment of $200 million. The bank has committed equity to more than 150 funds, which to date…
By Nora Buli, Nina Chestney and Christoph Steitz OSLO/LONDON/FRANKFURT (Reuters) – Saboteurs target a nation leading the world in clean energy. They hack into vulnerable wind and solar power systems. They knock out digitalized energy grids. They wreak havoc. It’s the stuff of nightmares for European power chiefs. Henriette Borgund knows attackers can find weaknesses…
DUBAI (Reuters) – Bahrain granted its first “golden licences” offering special benefits to five companies that have made large-scale investment projects in the small state totalling more than $1.4 billion, it said on Thursday. The licences, granted to Citi, Eagle Hills Diyar W.L.L, Infracorp, Saudi Telecommunication Company and Whampoa Group, give those companies a set…
By Ross Kerber (Reuters) – A U.S. congressional leader on Wednesday issued a subpoena seeking information from climate activists over antitrust issues, joining other Republicans who have criticized companies’ growing concern for environmental, social and governance (ESG) matters. Jim Jordan, chair of the House Judiciary Committee, wrote in a letter to a lawyer for Boston-based…
By Cassandra Garrison MEXICO CITY (Reuters) -Mexican farmers on Thursday ended a protest at an airport in the northern state of Sinaloa and agreed to meet with the local governor after Mexican President Andres Manuel Lopez Obrador said he would not negotiate with the demonstrators. Baltazar Valdez, president of the United Farm Workers of Sinaloa,…
FRANKFURT (Reuters) – European Central Bank policymakers began this week a debate on evening out the “corridor” between the ECB’s three interest rates, in a first step towards an era in which money is scarcer, five sources told Reuters. The change, which was parked for now and is also unlikely in July, would be part…
(Corrects first name of incoming Pirelli CEO in para 11) MILAN (Reuters) – Pirelli’s CEO said in a recent private meeting that he is “very confident” Rome will use its Golden Power to curb Chinese influence over the Italian tyremaker, deemed a strategic asset, a person with knowledge of the matter said. Italy’s right-wing government…
