By James Pomfret and Jessie Pang HONG KONG (Reuters) – Police in Hong Kong arrested a man on Thursday suspected of links to pro-democracy activists based abroad, picking him up at the city’s international airport a day after arresting four others for various national security offences. Police had issued arrest warrants days earlier for eight…
BEIJING (Reuters) – China will take measures to support growth and employment, as well as to prevent risks, state media cited Premier Li Qiang as saying on Thursday. The country will establish appropriate communication channels between the government and foreign and private companies, Li said, while presiding over a symposium on the economic situation. (Reporting…
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s currency will likely enjoy some support in the near term from faster economic growth and progress on reforms, despite the prospect of less favorable interest rate spreads ahead, a Reuters poll showed. The real appreciated last month to its firmest level in a year after several forecasts…
LOS ANGELES (Reuters) – Longtime Showtime Networks executive David Nevins has been named chief executive of the North Road Company, an independent studio founded by Hollywood veteran Peter Chernin, who announced the appointment on Thursday. Nevins will oversee North Road’s portfolio of scripted and unscripted content and documentaries, and also look to make acquisitions. Chernin…
SHANGHAI (Reuters) – Ultra low-cost e-commerce platform Temu, owned by PDD Holdings, has started selling to Japan, marking its first foray into the Asian market. The marketplace, the sister site of Chinese discount e-commerce platform Pinduoduo, ships everything from clothing to electronics and home goods, mainly from Chinese merchants to customers overseas at rock bottom prices….
BERLIN (Reuters) – Mercedes-Benz wants to extend Chief Executive Ola Kallenius’ contract, keeping the 54-year-old at the helm of the German carmaker until at least mid-2029, German daily Handelsblatt reported on Thursday, citing supervisory board sources. The board is aiming to extend Kallenius’ contract, which will expire in May 2024, this summer, the daily reported….
By Steven Scheer JERUSALEM (Reuters) – Israel’s central bank is expected to leave short-term interest rates unchanged next week after an aggressive tightening round aimed at battling persistent inflation, but analysts are split over whether the rate hike cycle has ended. Of the 17 economists polled by Reuters, 13 projected the Bank of Israel would…
By Maayan Lubell JERUSALEM (Reuters) – Tel Aviv’s police commander said on Wednesday he was quitting the force, citing political intervention by members of Prime Minister Benjamin Netanyahu’s hard-right cabinet whom he said wanted excessive force used against anti-government protesters. Tel Aviv District Commander Ami Eshed did not name the far-right National Security Minister Itamar…
By Uditha Jayasinghe and Swati Bhat COLOMBO (Reuters) -Sri Lanka cut its key interest rates for the second straight month on Thursday as inflation eased after last year’s devastating economic crisis and the focus returned to reviving growth following a bailout from the International Monetary Fund (IMF). The Central Bank of Sri Lanka (CBSL) cut…
(Reuters) – Russia will allow the U.S. ambassador to Moscow to visit detained Wall Street Journal reporter Evan Gershkovich “on a reciprocal basis”, Foreign Ministry spokeswoman Maria Zakharova said on Thursday. Ambassador Lynne Tracy was able to visit Gershkovich this week for only the second time since he was detained in March on espionage charges,…
