Exclusive-Intesa closer to Russia approval on exit as Moscow stance shifts -sources
By Valentina Za and Alexandra Schwarz-Goerlich MILAN (Reuters) -Italy’s biggest bank Intesa Sanpaolo is getting closer to securing approval from…
August 10, 2023
Exclusive-Fear of tech ‘brain drain’ prevents Russia from seizing Yandex for now -sources
By Alexander Marrow and Polina Devitt LONDON (Reuters) – The Kremlin’s fear of a serious tech brain drain is the…
Pakistan leaders seek deal on caretaker PM ahead of election
By Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s outgoing prime minister, Shehbaz Sharif, and the leader of the opposition will meet again…
Exclusive-China’s Nanfang to open major copper smelter ahead of expectations
By Julian Luk LONDON (Reuters) – China’s largest private copper producer Nanfang Nonferrous is due to bring a major new…
Indonesia gives automakers more time to qualify for EV credits in investment bid
By Stefanno Sulaiman TANGERANG, Indonesia (Reuters) – Indonesia said on Thursday it would give automakers two more years to qualify…
Uganda president defiant after World Bank suspends funding over LGBT law
By Elias Biryabarema KAMPALA (Reuters) -Uganda’s President Yoweri Museveni on Thursday denounced the World Bank’s decision to suspend new funding…
Cathay announces plans to buy 32 new single-aisle Airbus aircraft
(Reuters) -Hong Kong’s Cathay Pacific Airways on Thursday said it intends to purchase up to 32 Airbus A321neo and A320neo…
Moody’s cuts ratings of Chinese developer Country Garden
(Reuters) – Ratings agency Moody’s on Thursday downgraded Chinese developer Country Garden’s corporate family rating (CFR) to Caa1 from B1,…
EU to analyse US tech curbs in China, says issue also key to Europe
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission will analyse the U.S. ban on new U.S. investment in China…
Biden orders ban on certain US tech investments in China
By Karen Freifeld, Andrea Shalal and David Shepardson NEW YORK/WASHINGTON (Reuters) -President Joe Biden on Wednesday signed an executive order…