SCO says not against any country as it expands reach, welcomes Iran
By Krishn Kaushik and YP Rajesh NEW DELHI (Reuters) -Leaders of the Shanghai Cooperation Organisation (SCO) on Tuesday sought to…
Economy
European shares steady, interest rate uncertainty remains
By Amruta Khandekar and Shreyashi Sanyal (Reuters) -European shares were steady in thin trading on Tuesday, with a lack of…
Gazprom subsidiary files lawsuits against Deutsche Bank and Commerzbank
MOSCOW (Reuters) – RusKhimAlyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion…
Airbus trials new wing designs in technology race with Boeing
By Joanna Plucinska and Tim Hepher FILTON, England (Reuters) – Airbus is stepping up testing of radical new wing technology…
German firm sees U.S. getting lion’s share of 100 billion euro military fund
By Alexander Hübner MUNICH (Reuters) – Up to half of the 100 billion euro ($109 billion) special fund set up…
Stocks drift as investors balance peak rate hopes with oil price rise
By Naomi Rovnick and Xie Yu LONDON/HONG KONG (Reuters) – Global stocks held steady on Tuesday, as investors balanced the…
Yen firms amid intervention chatter, trading subdued on US holiday
By Harry Robertson and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar fell against the yen on Tuesday as markets remained…
Canadian factory activity slows further in June
By Fergal Smith TORONTO (Reuters) – Contraction in Canada’s manufacturing sector deepened slightly in June as an uncertain economic outlook…
Brazil’s Lula says Mercosur looking for ‘win-win’ trade deal with EU
SAO PAULO (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Tuesday that the Mercosur bloc of Brazil, Argentina,…
UK’s Hunt backs regulator to ensure banks pass on better rates to savers
LONDON (Reuters) – British finance minister Jeremy Hunt gave his backing to the country’s financial regulator FCA to ensure banks…