After earthquake, Istanbul gripped by fear that bigger disaster awaits
By Birsen Altayli and Can Sezer ISTANBUL (Reuters) – The deadliest earthquake in Turkey’s modern history has reawakened fears on…
Economy
OPEC+ cuts partly due to reshaping of global oil flows, IEA says
By Ahmad Ghaddar LONDON (Reuters) – European Union and G7 restrictions on Russian oil exports led to a global shift…
Loblaw to spend $1.5 billion to expand business in Canada, create 6,000 jobs
(Reuters) – Loblaw Companies Ltd on Friday said it would spend C$2 billion ($1.50 billion) to expand its business in…
Singapore wealth group denies report of directive to keep quiet on China-linked fund inflows
SINGAPORE (Reuters) – A private banking industry group in Singapore on Friday denied a media report that the city state…
India’s forex reserves jump to 9-month high
MUMBAI (Reuters) – India’s foreign exchange reserves jumped to $584.76 billion for the week ended April 7, the highest in…
China will take steps to stabilise employment – cabinet meeting
BEIJING (Reuters) – China will take steps to stabilise employment, particularly at manufacturing and trading companies, state media reported on…
PNC Financial beats profit estimates on boost from higher interest rates
(Reuters) – PNC Financial Services Group reported an 18.5% rise in first-quarter profit on Friday, as the Federal Reserve’s rate…
Exclusive-Fed can ‘hit the mark and hold’ with one more rate hike, Bostic says
By Howard Schneider ATLANTA (Reuters) – One more quarter-percentage-point interest rate hike can allow the Federal Reserve to end its…
Food security drives China to cut soymeal use in animal feed
By Dominique Patton BEIJING (Reuters) – China’s agriculture ministry issued a three-year action plan on Friday to reduce soymeal use…
China says ready to work with all parties on debt disposals, seeks more IMF data
By Joe Cash BEIJING (Reuters) -China reiterated it is willing to work with all parties to implement the Common Framework…