By David Lawder LIMA (Reuters) – World Bank President Ajay Banga wants the lender to focus on more “scalable, replicable” projects across Latin America and elsewhere for transport and infrastructure and digitization of government and financial services to speed development. Banga, on his first foreign trip since taking office, told Reuters on Monday that he…
By Sachin Ravikumar LONDON (Reuters) -British Prime Minister Rishi Sunak said on Monday he had rejected a plea from Boris Johnson to overrule an independent body and allow some of the former leader’s allies to join parliament’s upper chamber because he didn’t think it was right. Responding to critics within his ruling Conservative Party, which…
By Sarah N. Lynch WASHINGTON (Reuters) – U.S. Special Counsel Jack Smith has said former President Donald Trump will have a “speedy trial” in Miami on a 37-count indictment charging him with willfully retaining classified government records and obstructing justice. But the complexities of handling highly classified evidence, the degree to which Trump’s legal team…
MEXICO CITY (Reuters) -Mexico City Mayor Claudia Sheinbaum said she will step down on Friday to pursue the ruling party’s candidacy for the 2024 presidential election, bidding to become the country’s first female leader. President Andres Manuel Lopez Obrador’s leftist National Regeneration Movement (MORENA) on Sunday agreed that on Sept. 6 it would announce the…
LONDON (Reuters) – British police said a man had been arrested in Nottingham, central England, after three people were found dead in the city’s streets, officers said in a statement on Tuesday. (Reporting by Sachin Ravikumar, Editing by Kate Holton)
BEIJING (Reuters) -A Chinese state-affiliated social media commentator accused the United States on Tuesday of playing tricks and creating an “illusion” that it is eager to engage, days before an expected visit by U.S. Secretary of State Antony Blinken. The lead up to the high-stakes visit has been marred by new U.S. accusations of Chinese…
(Adds link to report, fixes typographical error) By Gloria Dickie and Simon Jessop LONDON (Reuters) – The number of fossil fuel companies setting net-zero emissions targets has risen sharply over the past year, but most fail to address key concerns, making them “largely meaningless”, a report showed on Monday. Some 75 of the world’s largest…
By Jack Queen MIAMI (Reuters) -Former President Donald Trump arrived in Miami on Monday to face federal criminal charges, while a new Reuters/Ipsos poll found a vast majority of his fellow Republicans believe the case to be politically motivated. Trump, the front-runner for the Republican nomination in the 2024 presidential election, is scheduled to be…
MOSCOW (Reuters) -Russian state-owned lender VTB may pull out of the running to acquire a stake in internet giant Yandex, the bank’s CEO, Andrei Kostin, told Reuters, as discussions are now centered around higher prices than the bank’s initial offer. Often dubbed “Russia’s Google”, Yandex is making progress on a corporate restructuring plan that should…
By Guy Faulconbridge and Elena Fabrichnaya MOSCOW (Reuters) -The end of the dominance of the U.S. dollar is nigh as the Chinese yuan rises and the rest of the world sees the peril of the West’s failed attempt to bring Russia to its knees over Ukraine, one of Moscow’s most powerful bankers told Reuters. Andrei…
