By Christian Kraemer and Tetsushi Kajimoto NIIGATA, Japan (Reuters) -Finance leaders of the Group of Seven (G7) advanced economies discussed the need to make global supply chains more resilient by reducing over-reliance on China, German Finance Minister Christian Lindner said on Friday. Japan, which is hosting a three-day G7 meeting to debate key global themes…
BRUSSELS (Reuters) – Alphabet Chief Executive Officer Sundar Pichai will meet European Commission deputy chief Vera Jourova and EU industry chief Thierry Breton in Brussels on May 24, according to the European Commission’s agenda on Friday. Breton is in charge of digital rules that will require Alphabet’s Google and other tech giants to allow business…
By Tim Hepher PARIS (Reuters) – Planemakers can’t build them but airlines can’t stop buying them. Even as they wrestle with industrial problems preventing the delivery of jets sold before the pandemic, Airbus and Boeing are totting up billions of dollars of new orders stretching beyond 2030 amid a rebound in air travel. From Air…
By James Davey LONDON (Reuters) – British lawmakers launched an investigation on Friday into the fairness of the country’s food supply chain, seeking to understand why households are facing the highest levels of food price inflation since the 1970s. The cross-party Environment, Food and Rural Affairs (EFRA) Committee of the House of Commons, the lower…
ROME (Reuters) – A new Italian law that narrows asylum rights in an effort to dissuade migrants from heading to Italy is repressive and inhumane, a leading rights watchdog said on Friday. Prime Minister Giorgia Meloni’s nationalist government drew up the legislation after a shipwreck off southern Italy in February that killed more than 90…
By Allison Lampert, Abhijith Ganapavaram and Valerie Insinna MONTREAL/WASHINGTON (Reuters) – The CEO of Canadian aerospace supplier Abipa International would not negotiate further when a potential customer recently pressed for additional price cuts on components used in areas like engines and landing gear. That stance by CEO Jean Blondin is one that more and more…
By Marc Jones and Canan Sevgili LONDON (Reuters) -Wild currency moves? Bazooka rate hikes? The many unknowns around Turkey’s pivotal elections on Sunday are leaving even the most experienced investors hedging their bets on how markets will react. The presidential vote, which could well require two rounds, is pitting President Tayyip Erdogan’s vision of a…
A look at the day ahead in U.S. and global markets from Mike Dolan A strange calm fell over world markets on Friday as tensions around the U.S. debt ceiling impasse and a fresh wobble in U.S. bank stocks hung in the background, with a postponement of a key showdown on the former read as…
By Dan Peleschuk KYIV (Reuters) – Ukraine’s crackdown on corruption has raised eyebrows in recent months by going after respected former technocrats who helped repair the country after the political upheaval of 2014. Chief anti-corruption prosecutor Oleksandr Klymenko is aware of public pressure to put more prominent names or current officials behind bars. But he…
WASHINGTON (Reuters) -Dutch medical device maker Philips will pay $62 million (56 million euros) to resolve charges it violated the Foreign Corrupt Practices Act over its conduct related to sales of medical equipment to China, the U.S. Securities and Exchange Commission said on Thursday. Philips said the settlement related to allegations of “irregularities in the…
