Pakistan PM briefs IMF chief, hopes for release of stalled funds
By Asif Shahzad (Reuters) -Pakistan’s Prime Minister Shehbaz Sharif on Thursday briefed International Monetary Fund’s managing director Kristalina Georgieva on…
Economy
Battle of billionaires: Musk’s Starlink eyes India, Ambani resists
By Aditya Kalra, Munsif Vengattil and Aditi Shah NEW DELHI (Reuters) – Elon Musk is eager to bring his Starlink…
Aegon bets on Transamerica to boost cash flow and dividend in 2025
(Reuters) -Transamerica owner Aegon on Thursday forecast a higher free cash flow and dividend in 2025, flagging untapped potential in…
Explainer-What is the ‘Bridgetown Initiative’ asking for at Paris summit?
PARIS (Reuters) – President Macron hosts a summit in Paris starting Thursday to discuss reform of the world’s multilateral finance…
Fitch raises India FY24 GDP forecast to 6.3% on strong growth momentum
MUMBAI (Reuters) – Fitch Ratings raised its growth forecast for the Indian economy to 6.3% for the current fiscal year,…
Bank of England poised to raise rates after inflation shock
By David Milliken LONDON (Reuters) -The Bank of England is set to raise interest rates for a 13th time in…
Brazil’s Lula says EU should ‘give up’ protectionism to reach Mercosur deal
By Catarina Demony (Reuters) – Brazil’s President Luiz Inacio Lula da Silva said on Thursday the European Union should stop…
Factbox-Companies invest in EV battery factories in Europe
(Reuters) – Europe is seeking to lure electric vehicle (EV) battery makers to build factories in the region as the…
Cash-strapped Casino to sell participation in Brazil’s Assai
PARIS (Reuters) – Heavily indebted French supermarket chain Casino on Thursday announced it would sell its residual equity stake in…
Japan raises view on employment in June for first time in 11 months
By Kaori Kaneko TOKYO (Reuters) – Japan’s employment trends showed “improvement recently”, the government said in its latest monthly assessment…