Poor Nations Face Peril Over Elusive G-20 Debt Relief Push
The world's poorest countries face $35 billion in debt-service payments to official and private-sector creditors in 2022.
Hyundai's Bright Profit View Clouded By U.S. EV Concerns
Hyundai Motor Co raised earnings guidance on Monday, buoyed by premium vehicle sales and a foreign exchange lift.
Trump Ally Accused Of UAE Lobbying To Testify In Own Defense At 'Foreign Agent' Trial
Tom Barrack, a one-time fundraiser for former U.S. President Donald Trump, is expected to take the witness stand in his own defense next week.
Oil Prices Drop More Than 1% As China Demand Data Disappoints
Although higher than in August, China's September crude imports of 9.79 million barrels per day were 2% below a year earlier.
Will They Or Won't They? Japan Uses Guessing Game To Shore Up Yen
Japan is relying heavily on psychological tactics to fight yen bears, which means keeping markets guessing about their foreign exchange intervention.
China's Next Premier Li: A Xi Loyalist Who Oversaw Shanghai Lockdown
Li Qiang oversaw Shanghai's grinding two-month COVID-19 lockdown this year as party boss of China's commercial hub.
Saudi Forum Set To Draw U.S. Business Leaders Despite Tensions
A public spat between the United States and Saudi Arabia will not deter top Wall Street executives and U.S.
Aerospace Manufacturers Placing Orders Earlier To Beat Parts Shortages
Supply-chain disruptions cost aerospace and defense companies an average of $160 million in lost revenue for the prior year.
Zelensky Calls On West To Warn Russia Not To Blow Up Dam
Ukrainian President Volodymyr Zelensky called on the West to warn Russia not to blow up a huge dam that would flood a swath of southern Ukraine.
Ex-US Treasury Secretary Takes Witness Stand For Trump Ally Accused Of UAE Lobbying
The testimony could help undercut charges that Tom Barrack used his influence to push the UAE's interests without notifying the U.S. attorney general.
Weak Oil Demand To Lower GCC Economic Growth In 2023: Reuters Poll
Economic growth in the six-member Gulf Cooperation Council will remain strong but slow significantly next year as high oil prices hurt demand for the commodity.
Beyond Cutting Hair And Rhetoric, West Can Do Little To Change Iran's Trajectory
Western actors and officials have cut their hair on camera to dramatize their support for Iranian women whose protests have rocked the Islamic Republic.
Boris Johnson, Rishi Sunak Lead Race To Be UK's Next Prime Minister
Boris Johnson and his former finance minister Rishi Sunak were leading the potential contenders to replace British Prime Minister Liz Truss on Friday.
Cholera Outbreak Hits Syrian Refugees Sheltering In Camps In Lebanon
Lebanon recorded its first cholera case in early October -- signaling the return of the bacteria for the first time in 30 years.
BMW Production Chief Sees Improved Margins As Supply Chains Stabilise
The shortage of semiconductors would likely impact the carmaker until at least the middle of next year.
Russia Poised To Largely Skirt New G7 Oil Price Cap
Russia can access enough tankers to ship most of its oil beyond the reach of a new G7 price cap, industry players and a U.S.
Google Fined $162 Million By India Antitrust Watchdog For Abuse Of Android Platform
India's competition regulator on Thursday ordered Alphabet Inc's Google to change its approach to its Android platform and fined the U.S.
Iranians In Crimea Helped Russia Target Ukraine With Drones - White House
The White House said on Thursday that Iranians have been on the ground in Crimea helping Russians target Ukraine with Iranian drones, and that U.S.
SoftBank Creates Committee To Oversee Vision Fund 2 - Memo
SoftBank Group Corp has created an executive committee to oversee its second Vision Fund, Latin America funds and any future funds, its founder and Chief Executive Masayoshi Son said in a memo to employees reviewed by Reuters.
Pakistan Hopes To Get Off Global Dirty Money Watchdog's 'Grey List'
If removed from the list, Pakistan would receive a reputational boost and get a clean bill of health from the international community on terrorist financing.
Falling Demand For COVID Boosters Puts Price Hikes On The Table
Last year, many on Wall Street were estimating the number of COVID-19 shots would be in line with the annual flu vaccine.
Jailed Harvey Weinstein Faces Rape Trial In Los Angeles
Harvey Weinstein, currently serving a 23-year sentence for sex crimes in New York, is back on trial on criminal charges in Los Angeles.
Blackstone's Earnings Fall 16% On Sharp Drop In Asset Sales
Financial markets have been rocked by geopolitical unrest from the Russia-Ukraine conflict and rising interest rates by central banks.
OPEC+ Members Endorse Output Cut After U.S. Coercion Accusation
OPEC+ member states lined up on Sunday to endorse the steep cut to its output target agreed this month after the White House, stepping up a war of words with Saudi Arabia, accused Riyadh of coercing some other nations into supporting the move.
Singapore Seeks To Amend Constitution To Protect Its Defintion Of Marriage
Singapore's government filed bills in parliament on Thursday seeking to decriminalize sex between men.
Iran Boxer In Exile Says Street Protests 'Not A Good Strategy' As Climber Returns Home
Street protests are not a good strategy for opposing Iran's government, an Iranian female boxer in exile said after climber Elnaz Rekabi returned home to cheering supporters.
India's Economic Growth Outlook Stagnates, Stuck In Lower Gear: Reuters Poll
India's economy will grow well below its potential over the next two years, with inflation staying above the mid-point of the Reserve Bank of India's tolerance band despite recent interest rate rises, according to a Reuters poll of economists.
Oil Prices Start Session Mixed On Uncertain Demand, Supply Concerns
Oil prices opened mixed in early Asian trade on Thursday as investors balanced caution over tightening supply against lower demand projections.
Russia To Review Working With U.N. Chief If He Inspects Drones In Ukraine
Russia said on Wednesday that it will reassess cooperation with U.N.
Schlumberger Evaluates Options For Russia Staff As Ukraine War Escalates -CEO
Oilfield services provider Schlumberger is evaluating unspecified options for its thousands of Russian employees as the war in Ukraine escalates, Chief Executive Olivier Le Peuch told Reuters an interview.