By David Brunnstrom and Simon Lewis WASHINGTON (Reuters) – Washington hopes to rally Southeast Asian nations to take tougher action against Myanmar’s military junta and to push back on China’s actions in the South China Sea as top U.S. diplomat Antony Blinken heads to the region for meetings next week, a State Department official said…
By Abhijith Ganapavaram (Reuters) -U.S. private equity firm 777 Partners has said it is in talks with Boeing Co and Franco-Italian turboprop maker ATR over a new jet order, as it looks to enter more markets amid a boom in air travel. “We’ve been in discussions with the (aircraft) manufacturers. I think right now the…
By Marco Aquino LIMA (Reuters) – Copper miners in Peru, already battling political uncertainty and regular protests, say they have another hurdle to revving up stalled production of the red metal: too much red tape. The South American country, the world’s No. 2 copper producer, has seen output plateau in the last five years as…
By Deena Beasley and Julie Steenhuysen LOS ANGELES (Reuters) -Eisai and Biogen’s Leqembi won a coveted standard approval nod from the U.S. Food and Drug Administration on Thursday, the first Alzheimer’s treatment to achieve that goal, clearing the way for wider insurance coverage of the drug. The FDA decision marks a new milestone for a…
BRUSSELS (Reuters) – NATO leaders will meet in Vilnius on July 11-12 to tackle a wide range of topics, from divisions over Ukraine’s membership bid and Sweden’s accession to boosting ammunitions stockpiles and reviewing the first defence plans in decades. It will be the fourth NATO summit since Russia’s invasion of Ukraine, with the first…
By Joe Cash BEIJING (Reuters) -Allegations that the Chinese Communist Party has undue influence within the Asian Infrastructure Investment Bank “are without any foundation whatsoever,” Danny Alexander, a vice president, said on Friday, following the fiery resignation of a senior employee. Bob Pickard, the AIIB’s former chief of communications said in June that he had…
By Robert Muller PRAGUE (Reuters) -The head of NATO said on Friday the military alliance would unite at a summit next week on how to bring Kyiv closer to joining, while Ukraine’s president drummed up support for its membership bid on a tour of several NATO states. President Volodymyr Zelenskiy visited the Czech Republic and…
OSLO (Reuters) – Norway’s $1.4 trillion sovereign wealth fund has excluded Power Construction Corp of China from its portfolio and placed London-listed Petrofac under observation. The Norwegian wealth fund, set up in 1996 to save petroleum revenues for future generations, operates under ethical guidelines set by parliament and excludes investments in companies that it says…
(Reuters) -Ukrainian President Volodymyr Zelenskiy visited Slovakia on Friday and met his Slovak counterpart Zuzana Caputova, who urged NATO allies to give Ukraine a clearer view on its bid to become a part of the military alliance. Zelenskiy was on the third stop of a tour of several NATO states to drum up support for…
BEIJING (Reuters) – China’s central bank on Friday announced a fine of 7.12 billion yuan ($984 million) for Ant Group. Reuters reported earlier on Friday that the People’s Bank of China (PBOC), which has been driving the regulatory revamp at Ant after its $37 billion IPO was scuttled in late 2020, intended to unveil the…
