By Milounee Purohit BENGALURU (Reuters) – India’s economy will grow at a solid pace for the rest of this fiscal year and next but well below its potential rate, according to a Reuters poll of economists who also said the employment situation will improve only slightly. The world’s most populous country aspires to leapfrog to…
By Paul Sandle LONDON (Reuters) -Vodafone reported better top-line growth on Monday, driven by higher prices in Britain and improvements in Germany, Italy and Spain, marking a positive start for new Chief Executive Margherita Della Valle’s turnaround plan. The European and African telecoms group also said it had appointed former SAP chief financial officer, Luka…
By Swati Bhat and Ira Dugal MUMBAI (Reuters) – The recent rise in inflation has prompted Indian investors to push back rate cut expectations by at least a quarter to the middle of 2024, with a sustained rise in prices likely to prompt a further repricing, traders and analysts said on Monday. Surging food prices…
By Hyunsu Yim SEOUL (Reuters) – The United Nations Command and North Korea have begun discussing the case of Travis King, the U.S. soldier who crossed into the North last week, the deputy commander of the U.S.-led command that oversees the Korean War truce said on Monday. King, a U.S. Army private serving in South…
ZURICH (Reuters) -Swiss wealth manager Julius Baer on Monday reported a jump in money inflows and hiring in the months after it was announced that Credit Suisse would be rescued by larger rival UBS. In the first half of 2023, Switzerland’s newly crowned number 2 bank saw assets under management grow 4% to 441 billion…
AMSTERDAM (Reuters) – Law enforcement from five countries have disrupted an intercontinental criminal network that was smuggling migrants from Cuba to the European Union, with the move leading to the arrest of 62 people, Europol and Interpol, who coordinated the international investigation, said on Monday. A Europol statement said the criminal network focused on Cubans…
MADRID (Reuters) – Spanish producer prices fell 8.1% in the 12 months through June, compared with a revised 6.8% decline in the period through May, the National Statistics Institute (INE) said on Monday. The decline was driven by cheaper energy, with prices down 26% during the period, INE said. Prices of intermediate goods also fell….
LONDON (Reuters) – British radical Islamist preacher Anjem Choudary has been charged with three terrorism offences after being arrested in London last week, police said on Monday. Choudary, 56, has been charged with membership of a proscribed organisation, directing a terrorist organisation and addressing meetings to encourage support for a proscribed organisation, police said. He…
PHNOM PENH (Reuters) – Cambodia’s ruling party said on Monday it had won the majority of parliamentary seats in a weekend election, as critics including the United States slammed the poll as “neither free nor fair”. The Cambodian People’s Party (CPP), which ran virtually unopposed, said it won 120 out of 125 seats, cementing Prime…
BRUSSELS (Reuters) – Belgian Ryanair pilots have called for a new strike on July 29 and July 30 as management failed to address their demands of higher wages and better working conditions, union representatives told the Rtbf broadcaster. The pilots already went on strike on July 15 and 16 but “there was no round of…
