By Gopal Sharma KATHMANDU (Reuters) – Officials in Nepal said on Wednesday there was no chance of finding any survivors of the country’s deadliest plane crash in 30 years, but workers will continue to search for the remains of the last missing passenger. Rescue teams used drones and rappelled down deep gorges on Tuesday to …
No hope of any survivors in Nepal’s deadliest crash in 30 years, officials say Read More »
By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The dollar slipped on Thursday after a raft of data showed the U.S. economy is losing momentum, while the yen rebounded as traders continued to bet the Bank of Japan will shift away from ultra-loose monetary policy. U.S. data released on Wednesday showed retail sales fell …
By Jonathan Stempel (Reuters) – The maker of Pyrex kitchenware agreed to pay a fine and change its marketing practices to settle U.S. claims that it falsely advertised its popular glass measuring cups as “Made in USA” while importing some of them from China. Instant Brands LLC did not admit or deny wrongdoing in Wednesday’s …
Pyrex maker settles over false ‘Made in USA’ claims Read More »
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s export growth slowed sharply in December as China-bound shipments fell for the first time in seven months, stoking fears of further slowdown in the global economy and external demand for Japanese shipments. Exports rose 11.5% year-on-year in December after a gain of 20% in November, marking the slowest …
Slumping China-bound Japanese exports raise fears of global downturn Read More »
By Lizbeth Diaz and Jose Luis Gonzalez CIUDAD JUAREZ/MEXICO CITY (Reuters) – Migrants on Mexico’s northern border on Wednesday began entering the United States using a mobile app designed to facilitate the process of applying for asylum, although several quickly reported difficulties in using the system. This month, the Biden administration said it would broaden …
First migrants cross into U.S. from Mexico using mobile app Read More »
JAKARTA (Reuters) – Germany’s BASF and French miner Eramet are finalising a $2.6 billion partnership deal to invest in a facility in Indonesia to process nickel for use in batteries for electric vehicles, Indonesian officials said. The Indonesian announcement comes as Southeast Asia’s biggest economy has been courting global companies to build facilities to produce …
Indonesia says BASF, Eramet near $2.6 billion deal to process nickel for EV batteries Read More »
PARIS (Reuters) – French President Emmanuel Macron’s government will unveil on Tuesday the details of a pension reform that unions have already said they would take to the streets to oppose. Here is a timeline of past efforts to push through – and oppose – pension reforms in France and what happened: 2020: MACRON GIVES …
French pension reforms and the protests they faced Read More »
BENGALURU (Reuters) – India’s top carmaker Maruti Suzuki on Wednesday said it is recalling 17,362 vehicles manufactured between Dec. 8, 2022 and Jan. 12, 2023 over a possible defect in its airbag controllers. The recall is to inspect and replace the affected part of the airbag controller, which could, in rare situations, not deploy the …
India’s Maruti Suzuki to recall 17,362 vehicles on possible airbag controller defect Read More »
By Sinéad Carew and Shreyashi Sanyal (Reuters) – The S&P 500 and the Dow lost almost 2% on Wednesday, their biggest daily drops in more than a month, after weak economic data fueled recession worries while hawkish comments from Federal Reserve officials soured investor moods further. Before the market opened, U.S. economic data showed retail …
Wall St sinks after weak data, hawkish Fed comments Read More »
By Ron Bousso LONDON (Reuters) – The British North Sea’s biggest oil and gas producer Harbour Energy told its staff that it plans job cuts in the wake of a windfall tax imposed on the sector last year, the company said on Wednesday. The jobs would be cut in Harbour Energy’s headquarters in the North …
Exclusive-Harbour Energy to cut jobs due to UK windfall tax Read More »
