Rouble hits 15-month low past 87 vs dollar on political risk concerns
(Reuters) – The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic…
June 29, 2023
BMW to produce electric X3 model at South Africa plant
(Reuters) – Germany’s BMW will build its X3 model in South Africa from 2024, investing 4.2 billion rand ($225.09 million)…
US court approves Cineworld’s restructuring plan
(Corrects day in first paragraph to Thursday) (Reuters) – British cinema chain operator Cineworld Group said on Thursday that a…
US mulls new export restriction on computing power in AI chips
By Stephen Nellis and Karen Freifeld (Reuters) – U.S. officials are considering tightening an export control rule designed to slow…
Factbox-Policy measures China’s central bank could use to stem yuan weakness
(Reuters) – China has ramped up its effort to slow the depreciation of the yuan against the dollar this week…
Europeans plan to keep ballistic missile sanctions on Iran
By John Irish, Arshad Mohammed and Parisa Hafezi PARIS/WASHINGTON/DUBAI (Reuters) -European diplomats have told Iran they plan to retain European…
Spain’s 12-month inflation falls to 1.9% in June, lowest since March 2021
(Reuters) – Spain’s consumer prices rose 1.9% year-on-year in June, their slowest increase since March 2021, preliminary data from the…
Poland says EU should help pay for border security amid Wagner fears
WARSAW (Reuters) – Poland expects the European Union to help it fund measures to strengthen its eastern border, a deputy…
Who is Russian mercenary chief Yevgeny Prigozhin?
(Reuters) -Mercenary chief Yevgeny Prigozhin has flown into exile in Belarus under a deal that ended a brief mutiny by…
H&M Shares Jump 10% As Summer Collection Boosts Profit
By Marie Mannes STOCKHOLM (Reuters) -H&M shares hit a 16-month high on Thursday after its second-quarter profit beat estimates, with…