By Libby George and Marc Jones LONDON (Reuters) – The latest bid by the world’s leading institutions and creditors to speed up debt restructurings and get bankrupt countries back on their feet has been greeted by a mix of cautious optimism and weary scepticism by veteran crisis watchers. Standoffs between major Western-backed lenders like the…
SHANGHAI (Reuters) – Tesla will not occupy a booth at China’s largest annual autoshow to be held next week in Shanghai, according to plans published by the event’s organisers. The financial hub is set to host Auto Shanghai between April 18-27. It is Asia’s largest auto show where brands from BYD to Volkswagen are expected…
By Gabriella Borter (Reuters) – Florida’s Republican-led House of Representatives on Thursday gave final approval to a six-week abortion ban, setting the stage for abortion access to be drastically curtailed in the state and across the U.S. South. Lawmakers in the Florida House approved the ban on abortions after six weeks of pregnancy in a…
(This April 13 story has been corrected to change IMF loan approval to May from June in the headline and first paragraph) ACCRA (Reuters) – Ghana expects the International Monetary Fund’s board to approve a $3 billion loan in May, Finance Minister Ken Ofori-Atta said in a presentation on Thursday. The embattled West African country…
By Valerie Insinna and David Shepardson WASHINGTON (Reuters) -Boeing has halted deliveries of some 737 MAXs as it grapples with a new supplier quality problem by Spirit AeroSystems that could stretch back to 2019, the U.S. planemaker disclosed on Thursday. The issue will likely affect a “significant” number of undelivered 737 MAX airplanes both in…
By Omar Younis NASHVILLE, Tennessee (Reuters) -Tennessee state Representative Justin Pearson was sworn in on Thursday after being reappointed to the legislature from which he and a Democratic colleague were expelled for leading a gun protest on the House of Representatives floor. To applause, whoops and cheers, Pearson stood before a crowd of about 50…
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s core consumer inflation likely held steady in March, a Reuters poll of 19 economists showed, highlighting persistent price strains and keeping the central bank under pressure to shift away from stimulus. Speculation is rife that the Bank of Japan (BOJ) may tweak its bond yield control, or ditch…
(Reuters) – Rheinmetall has been hired as a subcontractor in the Norwegian armed forces’ order for 54 Leopard 2 battle tanks from Krauss-Maffei Wegman (KMW), the German manufacturer said on Friday. Rheinmetall said the contract was worth 129 million euros ($142.74 million) and could increase by 44 million euros if Norway executes an option to…
BEIJING (Reuters) – China is willing to work with Germany on the economic and trade fronts, and the two countries are partners, not adversaries, its foreign minister, Qin Gang, said on Friday. Qin, addressing a joint news conference with his German counterpart, Annalena Baerbock, said artificially putting the brakes on normal economic and trade cooperation…
MILAN (Reuters) – Ferrari has a record order book for its models spanning into next year, Chairman John Elkann told the sports car maker’s shareholders on Friday. Elkann said the two latest models launched by the Italian company, the 296 GTS plug-in hybrid car and the Purosangue four seater, added to Ferrari’s product portfolio, “delivering…
