Fitch upgrades Pakistan’s sovereign rating to CCC after IMF deal
By Asif Shahzad ISLAMABAD (Reuters) – Fitch credit rating agency on Monday upgraded Pakistan’s long-term foreign currency issuer default rating…
Italy govt, Stellantis aim to boost production in Italy to 1 million vehicles
By Giuseppe Fonte and Giulio Piovaccari ROME (Reuters) -Fiat parent Stellantis and the Italian government agreed on Monday to aim…
Brazil likely registered deflation in June, adding to rate cut case: Reuters Poll
By Gabriel Burin (Reuters) – Brazil likely registered mild deflation in June in monthly terms from lower fuel costs and…
China central bank extends policies for financial support of real estate market
BEIJING (Reuters) – China’s central bank on Monday extended until the end of 2024 some policies in a November rescue…
Kremlin says Putin held post-mutiny talks with Wagner leader as top general resurfaces
By Andrew Osborn and Guy Faulconbridge MOSCOW (Reuters) – President Vladimir Putin held Kremlin talks with Wagner mercenary leader Yevgeny…
Citigroup downgrades US stocks amid recession risks, upgrades Europe
(Reuters) -Citigroup on Monday downgraded U.S. stocks in anticipation of a pullback in growth stocks and a recession in the…
Hyundai launches small SUV in India to boost share as rivals gain ground
By Aditi Shah and Riddhima Talwani NEW DELHI (Reuters) – Hyundai Motor Co on Monday launched a small sport-utility vehicle…
Alibaba and Tencent buoyed by hopes China tech crackdown to end
By Scott Murdoch and Julie Zhu HONG KONG (Reuters) – Alibaba Group and Tencent shares rose in Hong Kong on…
Hunger haunts Ethiopia’s Tigray region after years of war
By Dawit Endeshaw MEKELLE, Ethiopia (Reuters) – Curled up on a hospital bed in Ethiopia’s northern Tigray region, an emaciated…
Explainer-What’s next for Ant after its nearly $1 billion fine?
BEIJING (Reuters) – The announcement of a nearly $1 billion fine by Chinese regulators on Ant Group has drawn a…