Long-feared corporate debt woes start to hit home
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – The spectre of rising corporate debt defaults exacerbating a global economic…
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Instant View: Canada annual inflation rate slows to 2.8% in June
(Reuters) – Canada’s annual inflation rate slowed to 2.8% in June on lower prices for gasoline as a result of…
Russia hits Ukraine targets in ‘mass retaliatory strike’ after bridge attack
By Andrew Osborn MOSCOW (Reuters) -Russia’s Defence Ministry said on Tuesday it had hit military targets in two Ukrainian port…
India to push G20 to raise share of taxes on firms where they earn ‘excess profit’ – sources
(This July 16 story has been corrected to show that 25% is not the tax rate, but the share of…
Europe’s sweltering summer could send tourists to cooler climes
By Joanna Plucinska and Guglielmo Mangiapane LONDON/ROME (Reuters) – Soaring summer temperatures across southern Europe could prompt a lasting shift…
Novartis raises 2023 forecast, maps out Sandoz spin-off
By Ludwig Burger FRANKFURT (Reuters) -Novartis on Tuesday raised its full-year earnings forecast for the second time on strong drug…
Thai PM hopeful vows no retreat from party’s reform agenda
By Panu Wongcha-um and Chayut Setboonsarng BANGKOK (Reuters) -Thailand’s prime ministerial hopeful said on Tuesday he was willing to adjust…
Malaysia PM says China’s Geely to invest $10 billion in domestic auto hub -report
KUALA LUMPUR (Reuters) – Chinese car maker Geely will invest $10 billion to develop Malaysia’s main auto-making hub, state news…
Court rules against Uber in major win for California workers
By Daniel Wiessner (Reuters) – Uber Technologies Inc must face a California lawsuit claiming it should have covered UberEats drivers’…
Saudi Arabia buys Turkish drones during Erdogan’s visit
By Aziz El Yaakoubi RIYADH (Reuters) -Saudi Arabia agreed on Tuesday to buy Turkish drones in the biggest defence contract…