WASHINGTON (Reuters) – The U.S. and India have agreed to terminate six outstanding disputes at the World Trade Organization, the U.S. Trade Representative’s office said in a statement on Thursday after a meeting between President Joe Biden and Prime Minister Narendra Modi. India also agreed to remove retaliatory tariffs on certain U.S. products including chickpeas,…
WASHINGTON (Reuters) – The United States and India declared themselves “among the closest partners in the world” on Thursday during a state visit by Indian Prime Minister Narendra Modi to Washington hosted by President Joe Biden. Washington has been frustrated by India’s close ties with Russia while Moscow wages war in Ukraine. Modi did not…
By Kanishka Singh and Nandita Bose WASHINGTON (Reuters) -Indian Prime Minister Narendra Modi denied that discrimination against minorities existed under his government during a press conference with U.S. President Joe Biden on Thursday, despite rights groups and State Department reports of abuses. Biden said he discussed human rights and other democratic values with Modi during…
(Reuters) -TikTok Chief Operating Officer V. Pappas is stepping down after five years with the short-video company owned by China’s ByteDance, according to an email seen by Reuters on Thursday. In an email to staff, Pappas said they would be taking on an advisory role for the company during the transition. “Given all the successes…
By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the battery metal to meet the world’s aggressive electrification timelines. Once a niche metal used primarily in ceramics and pharmaceuticals, lithium is now one of the…
NEW YORK (Reuters) – MSCI will continue to consult with financial market participants on a potential reclassification of Nigeria to standalone market from frontier market after recent changes to foreign exchange trading, the index provider said on Thursday. Nigeria’s central bank last week moved to liberalize the foreign exchange market and unify exchange rates, and…
By Jarrett Renshaw (Reuters) -Indian Prime Minister Narendra Modi and U.S. President Joe Biden met in Washington on Thursday and several agreements were to be announced to strengthen economic and diplomatic ties between the two countries and highlight new private sector investments. The following is a roundup of the major announcements: VISAS The Biden administration…
By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondent. Asian markets will be waking up to a jolt of central bank rate hikes and looking ahead to a big round of macro data on Friday. The Bank of England surprised many investors on Thursday…
By Daina Beth Solomon MEXICO CITY (Reuters) – Fast-fashion giant Shein is seeking more warehouse space in Mexico as it expands e-commerce operations in the country, part of the company’s budding plans to gain a bigger foothold in Latin America, said three people familiar with the project. The Singapore-based retailer that was founded in China…
By Lucy Craymer WELLINGTON (Reuters) – As New Zealand Prime Minister Chris Hipkins prepares to lead a trade delegation to China seeking greater access for both the country’s primary exports and emerging sectors such as gaming, producers are diversifying away from their biggest market. Beijing’s attempts to punish neighbouring Australia through trade for perceived intransigence…
