By Maya Gebeily BEIRUT (Reuters) – Having brought President Bashar al-Assad in from the cold, Arab states want him to rein in Syria’s flourishing drugs trade in exchange for even closer ties. But as Damascus makes its own demands, the way ahead appears far from simple. Arab states turned the page on years of confrontation…
By Sinead Cruise and Iain Withers LONDON (Reuters) – Some of Britain’s top finance executives, fearful London is losing out to New York and rival European cities, are pressing the government to broaden an array of reforms aimed at attracting big-ticket corporate listings. London has seen a 40% decline in publicly-listed companies since 2008 and…
(Reuters) – A citizen of the United Kingdom who was extradited to New York from Spain last month has pleaded guilty to cyberstalking and computer hacking schemes, including the 2020 hack of the social media site Twitter, the U.S. Justice Department said on Tuesday. Joseph James O’Connor, 23, was charged in both North Dakota and…
By Khalid Abdelaziz DUBAI (Reuters) – When conflict flared in Khartoum almost a month ago, pitting Sudan’s armed forces and their heavy weaponry against a paramilitary force born out of an agile but lightly-armed desert militia, it looked like it might prove a one-sided fight. But the head of the army, General Abdel Fattah al-Burhan,…
By Andrea Shalal and David Lawder NIIGATA, Japan/WASHINGTON (Reuters) – Treasury Secretary Janet Yellen lands at Japan’s G7 finance meeting this week, with her ambitious economic agenda hijacked by a bitter partisan fight over the U.S. debt ceiling that threatens a new financial crisis, and a signature tax deal blocked by Republicans. Yellen spent last…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options market demand for insurance against a stock market crash has soared to multi-month highs, even as equities have calmed down after a choppy start to the year. U.S. stock market volatility has subsided as the S&P 500 has logged a 7% year-to-date gain. However, an undercurrent…
By Steve Holland WASHINGTON (Reuters) – President Joe Biden and top lawmakers agreed on Tuesday to further talks aimed at breaking a deadlock over raising the $31.4 trillion U.S. debt limit, with just three weeks before the country may be forced into an unprecedented default. After about an hour of talks in the Oval Office,…
(This May 8 story has been corrected to say that Mitsubishi Motors made the comment last month, not last week, in paragraph 18) SHANGHAI (Reuters) – China is ground zero for the price war in electric vehicles and the battleground is shifting to SUV-styled EVs, the largest segment of the market, dominated by Tesla Inc…
By Kate Lamb LABUAN BAJO, Indonesia (Reuters) – Southeast Asian leaders meeting in Indonesia called on Wednesday for an immediate end to hostilities in military-ruled Myanmar, in an effort to create a window for urgent dialogue and aid delivery as fighting intensifies. The summit of the Association of Southeast Asian Nations (ASEAN) was expected to…
HONG KONG (Reuters) -Hong Kong’s Security Chief Chris Tang criticised an opinion piece in the Wall Street Journal (WSJ) on a seizure by authorities of a statue commemorating Beijing’s Tiananmen Square crackdown on democracy protesters in 1989. Tang said in a letter to the newspaper that the WSJ opinion piece, titled “Subversive Art is a…
