(Reuters) – A look at the day ahead in European and global markets from Wayne Cole. It’s been a careful start to the week in Asia with stocks and bonds little changed and the dollar holding most of Friday’s bounce. The caution is understandable given the week holds updates on Chinese economic growth and global…
BEIJING (Reuters) – China’s defence minister Li Shangfu said the country is willing to work with Russia to have close strategic communications between their militaries, state media reported on Monday. Li, who met Russian President Vladimir Putin in Moscow on Sunday, also said China is willing to strengthen multilateral coordination and cooperation with Russia, said…
By Katya Golubkova and Yuka Obayashi SAPPORO, Japan (Reuters) -The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development and move toward a quicker phase-out of fossil fuels. But they stopped short of endorsing a 2030 deadline for…
By Matthias Williams and John O’Donnell LONDON/FRANKFURT (Reuters) -Ukrainian forces are finding a growing number of components from China in Russian weapons used in Ukraine, a senior adviser in President Volodymyr Zelenskiy’s office told Reuters, as Western supplies are squeezed by sanctions. In “the weapons recovered from the battlefield we continue to find different electronics,”…
(Reuters) – Russia said on Sunday that Wagner mercenary units supported by airborne troops had captured two more city blocks in the eastern Ukrainian city of Bakhmut, target of a major offensive by Moscow. Wagner has spearheaded Russia’s attempt to take Bakhmut since last summer in what has been the longest and deadliest battle of…
By Sybille de La Hamaide PARIS (Reuters) – French insect-based ingredients maker Ynsect will refocus its strategy on high-margin markets like pet food, shut a production plant and cut jobs after raising 160 million euros ($177 million) from investors, its chief executive said. The company, which is in talks for additional funding, will use the…
SANTIAGO (Reuters) – Global copper producers are converging in Chile this week for their largest gathering since 2019, with talks expected to center on the industry’s growing M&A wave amid surging demand and tight supply for the metal anchoring the green energy transition. The buyout trend comes as Indigenous groups, host communities and others increasingly…
WARSAW (Reuters) -Unilateral action on trade by European Union member states is unacceptable, the bloc’s executive said on Sunday, after Poland and Hungary announced bans on grain and other food imports from Ukraine to protect their local agricultural sectors. After Russia’s invasion blocked some Black Sea ports, large quantities of Ukrainian grain, which is cheaper…
ABU DHABI (Reuters) – Brazilian President Luiz Inacio Lula da Silva on Sunday again proposed establishing a group of countries not involved with the Russia-Ukraine war to broker peace, saying he had discussed the matter with Chinese counterpart Xi Jinping earlier this week. “I think we need to sit on a table and say, ‘that’s…
By Humeyra Pamuk and Sakura Murakami KARUIZAWA, Japan (Reuters) -The relationship between China and Europe will be determined by Beijing’s behaviour, including what happens with Taiwan, the European Union’s foreign policy chief said on Sunday. The comments from EU High Representative Josep Borrell, in a remote address at the start of the meeting of the…
