James Murdoch’s Bodhi Tree slashes planned investment in Reliance’s Viacom18
BENGALURU (Reuters) -Reliance Industries Ltd’s Viacom18 will receive an investment of 43.06 billion rupees ($527.84 million) from Bodhi Tree, about…
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Tesla expands discounts with price cuts in Europe, Singapore, Israel
By Chen Lin and Victoria Waldersee SINGAPORE/BERLIN (Reuters) -Tesla Inc on Friday slashed prices for its electric vehicles in Europe,…
Exclusive-Fed can ‘hit the mark and hold’ with one more rate hike, Bostic says
By Howard Schneider ATLANTA (Reuters) – One more quarter-percentage-point interest rate hike can allow the Federal Reserve to end its…
Food security drives China to cut soymeal use in animal feed
By Dominique Patton BEIJING (Reuters) – China’s agriculture ministry issued a three-year action plan on Friday to reduce soymeal use…
China says ready to work with all parties on debt disposals, seeks more IMF data
By Joe Cash BEIJING (Reuters) -China reiterated it is willing to work with all parties to implement the Common Framework…
Pakistan gets closer to IMF deal after UAE pledges $1 billion
By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -The United Arab Emirates has confirmed financial support of $1 billion…
Birkin bag maker Hermes sees no U.S. slowdown as sales jump 23%
By Mimosa Spencer PARIS (Reuters) -Sales at Birkin bag maker Hermes rose 23% in the first quarter, above market expectations,…
Canada ready to become critical minerals provider -minister
By Yuka Obayashi and Katya Golubkova SAPPORO, Japan (Reuters) -Canada is ready to become a reliable provider of critical minerals…
Exclusive-Chinese firm imported copper from Russian-controlled part of Ukraine – data
By Filipp Lebedev and Gleb Stolyarov (Reuters) -A Chinese company bought at least $7.4 million worth of copper alloy ingots…
Taiwan president pledges to strengthen military as Chinese drills ebb
By Ben Blanchard TAIPEI (Reuters) -Taiwan President Tsai Ing-wen on Friday thanked fighter pilots who scrambled against China’s air force…