By Fabian Cambero SANTIAGO (Reuters) – Now that Chile has passed an increase in mining royalties, copper miners are pushing for incentives to keep investing in production of the metal needed for the renewable energy revolution, with steps such as cuts in energy costs, speeded-up permit approvals and other incentives. Beginning in 2024, mining royalties…
By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK (Reuters) – Thailand’s Pita Limjaroenrat failed on Thursday in his initial bid to become Thailand’s next prime minister, after he was thwarted in a high-stakes parliamentary vote that included a host of no-shows and nearly 200 abstentions. The leader of election winners Move Forward was unopposed in the…
By Yury Garcia and Alexandra Valencia GUAYAQUIL/QUITO (Reuters) – Violence is rising sharply in Guayaquil, Ecuador’s largest city, as criminal groups brawl to control transport of drugs despite increased seizures, security forces and residents say, highlighting broader public fears about spiraling crime ahead of presidential elections next month. The murders, gun battles and even cases…
MILAN (Reuters) – Stellantis will build the new Jeep Compass, one of the carmaker’s bestsellers in Europe, as the fifth model for its Melfi plant in southern Italy, two sources close to the matter told Reuters on Thursday. The new model will be a development from the Compass SUV the Franco-Italian group currently produces in…
By Ben Blanchard TAIPEI (Reuters) -Chinese fighter jets monitored a U.S. Navy patrol plane that flew through the sensitive Taiwan Strait on Thursday, as China carried out a third day of military exercises to the south of the island Beijing views as China’s sovereign territory. China has been incensed by U.S. military missions through the…
GENEVA (Reuters) – A group of United Nations investigators and experts called on Ethiopia on Thursday to halt the deportation of Eritreans, as well as the arbitrary detention of Eritrean refugees, asylum seekers and migrants. The group, who make reports on rights issues on behalf of the U.N., also condemned what they called the “summary…
By Laurie Chen, Yew Lun Tian and Brenda Goh BEIJING/SHANGHAI (Reuters) – Some diplomats in China say they are facing heightened scrutiny and interference from Chinese authorities, which is thwarting foreign officials’ efforts to re-engage with the country after three years of COVID-induced isolation. Twenty envoys from 12 Western and Asian delegations told Reuters that…
By Andy Bruce and William Schomberg LONDON (Reuters) -Britain’s economy shrank by less than expected in May despite a bank holiday to mark King Charles’ coronation and strikes, suggesting a widely forecast recession caused by high inflation and surging interest rates was not already under way. Economic output fell 0.1% in May from April, the…
(Reuters) – Chindata Group Holdings said on Thursday Bain Capital, its largest shareholder, did not intend to sell any of its shares in the Chinese data center operator after a rival bid from China Merchants Capital (CMC). The unit of state-owned conglomerate China Merchants Group offered to acquire Chindata Group for $9.2 per American Depositary…
DAMASCUS (Reuters) – Nesma Daher survived years of war in a Damascus suburb that was on the frontlines of Syria’s conflict. But well after the guns fell silent in her area and even as her country’s regional isolation thaws, she says life only gets harder. A widow from Douma, a rebel-held town until 2018 when…
