By Elaine Lies and Yoshifumi Takemoto TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida is increasingly certain to call a snap election, perhaps within weeks, as domestic support surges after a G7 summit that drew a surprise visit by Ukraine’s president. While an election for parliament’s more powerful lower house is not due until 2025,…
By Kate Holton and Paul Sandle LONDON (Reuters) -When Vodafone named Margherita Della Valle as CEO last month, investors adopted a wait-and-see approach to whether the company veteran was the right person to jolt it out of a deep malaise. Within weeks, Della Valle gave them a stark assessment of the problems Vodafone faces. The…
By Davide Barbuscia and Pete Schroeder NEW YORK/WASHINGTON (Reuters) – As talks over raising the U.S. government’s $31.4 trillion debt ceiling go down to the wire, Wall Street banks and asset managers have been preparing for the fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in…
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee is expected to open weaker against the U.S. dollar after the central bank said it will withdraw the highest value currency note from circulation. Non-deliverable forwards indicate rupee will open at around 82.80-82.84 to the dollar, compared to 82.66 in the previous session. On Friday, the…
By Steve Keating ROCHESTER, New York (Reuters) – Brooks Koepka claimed a PGA Championship hat-trick and a landmark major win for LIV Golf on Sunday but the day also belonged to Michael Block, a 46-year-old club professional, who capped a golfing fairytale with a hole-in-one. Koepka, saying he had learned his lessons from last month’s…
By Renee Maltezou and Lefteris Papadimas ATHENS (Reuters) -Greece’s ruling New Democracy party stormed to a crushing victory in a parliamentary election on Sunday but fell just short of the threshold needed to form a government on its own, making a runoff election in a month more likely. With most votes counted, conservative New Democracy…
By Ira Dugal MUMBAI (Reuters) -India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023. The decision is reminiscent of a shock…
(Reuters) -Warner Bros Discovery Chief Executive David Zaslav was booed by students after taking the stage at Boston University to accept his honorary degree and give the 2023 commencement speech, amid an ongoing strike by film and television writers over pay, videos that surfaced on social media show. The Hollywood Reporter first reported the incident…
By Katya Golubkova and Sakura Murakami HIROSHIMA, Japan (Reuters) -The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change the supply situation for crude oil and oil products, the IEA’s Executive Director Fatih Birol said. The G7, the…
By Yew Lun Tian and Casey Hall BEIJING/SHANGHAI (Reuters) -One joke by a Chinese comedian about the nation’s military has spurred online uproar, a $2 million fine, a police probe, a sweep of cancelled shows and fears for the survival of Chinese stand-up comedy, a rare refuge for somewhat free speech. The furore over Li…
