MILAN (Reuters) – Italy’s government has no need to directly invest in Stellantis as the carmaker is doing well, Economy Minister Giancarlo Giorgetti suggested on Monday, echoing similar comments made last week by the group’s chairman. Asked by reporters whether Rome should take a stake in Stellantis to have more say in its management, Giorgetti…
RIYADH (Reuters) – Venezuelan President Nicolas Maduro arrived in Saudi Arabia on Monday, state media reported, as the kingdom continues to expand its diplomatic outreach beyond traditional Western alliances. Maduro was received at the airport of the Saudi Red Sea city of Jeddah by Deputy Governor of Mecca region Prince Badr bin Sultan and other…
(Reuters) – The United States issued new Russia-related sanctions on Monday, the Treasury Department’s website showed. The sanctions target seven Russian individuals and one Russian entity, the website showed. (Reporting by Rami Ayyub; Editing by Tim Ahmann)
FRANKFURT (Reuters) – European Central Bank President Christine Lagarde on Monday acknowledged “signs of moderation” in core inflation in the euro zone but reaffirmed it was too early to call a peak in that key gauge of price growth. Lagarde’s comments were likely to cement market expectations for more interest rate increases from the ECB…
By Gibran Naiyyar Peshimam LAHORE, Pakistan (Reuters) – Pakistan’s embattled former Prime Minister Imran Khan has accused the powerful military and its intelligence agency of openly trying to destroy his political party, saying he had “no doubt” he would be tried in a military court and thrown in jail. Khan has hinted previously at the…
By Francois Murphy VIENNA (Reuters) – The U.N. nuclear watchdog’s chief denied on Monday that his agency had watered down its standards in an investigation into past Iranian activities after Israel accused it of “capitulation to Iranian pressure”. The dispute centres on the International Atomic Energy Agency’s years-long investigation into the origin of uranium particles…
By YP Rajesh NEW DELHI (Reuters) -India and the United States have concluded a roadmap for defence industry cooperation for the next few years, the two countries said on Monday, a landmark move expected to bolster New Delhi’s defence manufacturing ambitions. Washington is working to deepen ties with India and sees stronger military-to-military and technology…
DUBAI (Reuters) -Qatar recorded a budget surplus of 19.7 billion Qatari riyals ($5.4 billion) in the first quarter of 2023, its state news agency said on Monday, citing the finance ministry. Total revenues for Q1 stood at 68.6 billion riyals, of which 63.4 billion were oil and gas revenues, the Qatar News Agency statement said,…
By David Lawder and Andy Sullivan WASHINGTON (Reuters) – Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating U.S. default, but does little to slow a massive buildup of total federal debt now on pace to exceed $50 trillion in a decade. The deal’s first problem, budget experts say,…
TRIPOLI (Reuters) – Libyan leaders were due to meet in Morocco on Monday to finalise a deal on new electoral laws, but any agreement they announce on voting rules or a new interim government is likely to trigger opposition that may further delay the political process. House of Representatives (HoR) head Aguila Saleh and High…
