UK’s Asda to buy EG petrol stations unit in $2.9-billion deal
By Paul Sandle LONDON (Reuters) – British supermarket Asda said it would buy the bulk of petrol station operator EG…
Economy
Stellantis will need one or two additional U.S. battery plants – Tavares
BILLY-BERCLAU, France (Reuters) -Stellantis will need one or even two additional large factories for electric vehicles batteries in the United…
Uganda says 2023/24 GDP growth to reach 6%
KAMPALA (Reuters) – Uganda’s economy will expand by 6% in the next fiscal year that starts in July, an increase…
Switzerland’s Social Democrats propose shrinking UBS
By John Revill ZURICH (Reuters) -Switzerland’s Social Democratic Party has drawn up a proposal to shrink UBS assets after its…
Unilever CFO Pitkethly to leave company by May 2024
By Richa Naidu and Eva Mathews (Reuters) – Unilever Plc said on Tuesday Chief Financial Officer Graeme Pitkethly would leave…
Dollar, European stocks fall with U.S. debt deal Congress vote in focus
By Joice Alves and Scott Murdoch LONDON/SYDNEY (Reuters) – European stocks and the U.S. dollar fell, after climbing to a…
Factbox-What have OPEC+ producers said ahead of June oil policy meeting?
LONDON (Reuters) – Mixed signals by major OPEC producers and their main allies have sparked volatility in oil prices ahead…
U.S. markets jump on high hopes of debt ceiling lift off
By Nell Mackenzie and Harry Robertson LONDON (Reuters) – Wall Street was tipped for a strong open on Tuesday, while…
Zimbabwe announces new measures to aid ailing local currency
HARARE (Reuters) – Zimbabwe’s treasury has announced measures to encourage the use of the local dollar as opposed to the…
India’s RBI to hold rates through year-end, cut in early 2024 – Reuters poll
By Anant Chandak and Vivek Mishra BENGALURU (Reuters) – The Reserve Bank of India (RBI) will leave its key interest…