TOKYO (Reuters) – Goldman Sachs Group plans to establish a desk in Tokyo to start trading Japanese power derivatives, two people familiar with the matter told Reuters on Wednesday. More foreign energy companies and banks are seeking access to the Japanese power market, which was launched in 2016 in the wake of the Fukushima nuclear…
By Joanna Plucinska ISTANBUL (Reuters) – Despite progress in improving gender diversity in the aviation sector, equality is still a distant goal, figures presented on Tuesday at the International Air Transport Association’s (IATA) annual meeting in Istanbul showed. Aviation is known for its poor record on achieving gender balance, particularly among pilots, but also in…
By Lewis Jackson SYDNEY (Reuters) – HESTA, one of Australia’s largest pension funds, on Wednesday froze work with PricewaterhouseCoopers (PwC) Australia, the latest fund to blacklist the firm amid a national scandal over its misuse of confidential government tax plans. The A$72 billion ($48 billion) fund is “very concerned” and will “restrict consideration of PwC…
By Brendan Pierson (Reuters) – Planned Parenthood on Tuesday sued to block a new Kansas law requiring healthcare providers to tell patients that medication abortion can be reversed, a potentially dangerous claim not supported by evidence. The lawsuit in the District Court of Johnson County, filed against state and local authorities on behalf of a…
By Francesco Guarascio HANOI (Reuters) – The Organisation for Economic Cooperation and Development told Vietnam last week that handouts to big firms to offset higher levies under a global overhaul of tax rules would be problematic, a person familiar with the discussions said. Reuters exclusively reported last week that Vietnam was planning subsidies worth hundreds…
By Duncan Miriri NAIROBI (Reuters) – Kenya’s economy is expected to grow at a slightly faster pace this year, the World Bank said on Wednesday, underpinned by a recovery in the key agriculture sector. The East African nation’s economy will expand by 5.0% in 2023, the bank said in its latest biannual Kenya Economic Update…
By Dave Graham MEXICO CITY (Reuters) -Mexican Foreign Minister Marcelo Ebrard, one of the leading contenders to be the country’s next leader, said on Tuesday he will resign to focus on winning the presidential nomination of the ruling party for the 2024 election. Ebrard, a former mayor of Mexico City, wants to succeed President Andres…
BEIJING (Reuters) – China’s exports fell a much faster than expected 7.5% in May year-on-year, while imports contracted at a slower pace, dropping 4.5%, customs data showed on Wednesday. A Reuters poll of economists had forecast exports to have shrunk 0.4% and imports to have fallen 8.0%. Having beaten expectations in the first quarter, analysts…
By Steve Gorman and Tyler Clifford (Reuters) -A man who fatally shot two Missouri jail guards in 2000 was executed on Tuesday after the governor and the U.S. Supreme Court declined to intervene, even though several jurors in the case petitioned for a reduced sentence. Michael Tisius, 42, was convicted in 2001 of murdering Randolph…
By Akriti Sharma and Kanjyik Ghosh (Reuters) -Salesforce Inc CEO Marc Benioff has shuffled the top management, a person familiar with the matter told Reuters on Tuesday, a move that follows after the software company reported its slowest quarterly revenue growth since 2010. Miguel Milano has been appointed as the chief revenue officer, the source…
