By Dave Sherwood HAVANA (Reuters) -Cuba’s electrical grid collapsed again on Sunday, the fourth such failure in 48 hours, raising fresh doubts about a quick fix on an island already suffering from severe shortages of food, fuel and medicine. The blackout, after weeks of rolling outages, sparked some small protests around the Caribbean island, where …
Cuba grid collapses again raising doubts about a quick fix Read More »
OTTAWA (Reuters) -India’s envoy to Canada, who is being expelled over what Ottawa says are links to the murder of a Sikh leader, insisted in an interview he was innocent and said Prime Minister Justin Trudeau had wrecked bilateral political ties, but trade may remain unscathed. Both countries on Monday ordered out six diplomats in …
Trudeau has wrecked Canada-India political relations, says expelled envoy Read More »
BEIJING (Reuters) – China condemned on Monday an attack on its consulate in Mandalay and urged Myanmar authorities to make every effort to arrest the perpetrators, a spokesperson of its foreign ministry said. Myanmar has been in turmoil since February 2021 when the military ousted an elected civilian government in a coup, abruptly ending the …
(Reuters) – Dubai’s Emirates has ordered five Boeing 777F freighters and will make a decision this year on a purchase of further Boeing or Airbus models for its fleet beyond 2028/29, the airline said on Monday. The announcement confirms a Reuters report last week that Emirates had ordered current-generation 777F freighters in September, part of …
Emirates buys five Boeing 777F, weighs further freighter orders Read More »
MADRID (Reuters) -Uncertainty in the market for new companies and high interest rates are hindering Spanish fashion retailer Tendam’s plans for an initial public offering (IPO), its chief executive officer said on Monday. “It will be difficult for medium-sized companies to go public unless interest rates are lowered and the outcome of the presidential election …
Too much market uncertainty for Spanish IPO, Tendam CEO says Read More »
By Leo Marchandon (Reuters) -Shares in Dutch coffee maker JDE Peet’s surged more than 16% after German conglomerate JAB said on Monday it will increase its majority stake to 68% by acquiring all of Mondelez’s shares in a 2.2 billion euro ($2.4 billion) deal. JAB said it will pay 25.10 euros per share for Mondelez’s …
JDE Peet’s shares surge after JAB increases majority stake in $2.4 billion deal Read More »
By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK (Reuters) – Thai police have arrested 18 people and seized luxury goods after receiving nearly 5,600 complaints about an alleged pyramid scheme, saying on Monday they estimate investors have lost at least 1.61 billion baht ($48 million). The Central Investigation Bureau (CIB) said it had seized assets worth …
Thai police say 18 arrested as alleged pyramid scheme losses near $50 million Read More »
(This Oct. 14 story has been refiled to remove a picture) PARIS (Reuters) – The French government needs guarantees from drugmaker Sanofi that production of its popular Doliprane painkiller will stay in France to allow the sale of its consumer health branch to go ahead, Economy Minister Antoine Armand said on Monday. Sanofi said on …
France seeks job guarantees from Sanofi over Doliprane painkiller production Read More »
By Faith Hung and Emily Chan TAIPEI (Reuters) – Taiwan export orders fell short of expectations for September, losing some steam ahead of the year’s end as it remained buoyed by the artificial intelligence wave but ran into faltering demand from top trading partner China. Export orders last month rose 4.6% to $53.79 billion from …
Taiwan’s September export orders miss expectations, China drags Read More »
(Reuters) -A British regulator has fined Volkswagen’s UK financial services unit 5.4 million pounds ($7 million) for unfairly treating financially-stretched customers between 2017 and 2023. Volkswagen Financial Services (UK) Limited, which has agreed to pay over 21.5 million pounds in redress to around 110,000 customers who may have suffered, also took cars away from vulnerable …
UK watchdog fines Volkswagen unit for unfairly treating customers Read More »
