(Reuters) – The largest creditor group of Thames Water has failed to stop a proposed 3 billion pound ($3.82 billion) financing package to settle regulatory fines imposed on the utility for a string of environmental and performance failings, Sky News reported on Thursday. A key clause that would have allowed the company’s primary lenders, who …
TRIPOLI (Reuters) – The Central Bank of Libya (CBL) said on Thursday it had contracted British banknote printer De La Rue to print 30 billion dinars ($6.250 billion) in order to “solve the liquidity shortage problem” at the country’s commercial banks. The central bank said last Sunday that the liquidity shortage problem would be “gradually …
Libya’s central bank to print 30 billion dinars to ease liquidity shortage Read More »
PARIS (Reuters) – French President Emmanuel Macron’s office said on Thursday a draft agreement clinched between the European Union and South America’s Mercosur bloc was “unacceptable”. The Elysee issued the statement as European Commission President Ursula von der Leyen arrived in Uruguay with the aim of finalising the deal between the EU and Mercosur, which …
Planned EU-Mercosur deal is unacceptable, says Elysee Read More »
NAIROBI (Reuters) – A Chinese fishing vessel is under the control of alleged pirates in Somalia’s waters in the semi-autonomous Puntland region, the European Union’s anti-piracy naval force said on Thursday. The anti-piracy force said the vessel with up to 18 crew members on board had been taken over by pirates, some armed with AK-47s …
EU naval force: Chinese fishing vessel under control of alleged pirates in Somali waters Read More »
ISLAMABAD (Reuters) – Former Prime Minister of Pakistan, Imran Khan, was indicted on Thursday by a court on charges of inciting his supporters to attack the country’s military and its installations in 2023. Here are the details of the country-wide violence that took place on May 9, 2023 that led to the indictment. Khan denies …
FACTBOX-Why has ex Pakistan PM Khan been indicted over violence on May 9 2023? Read More »
(Reuters) – American Airlines lifted it fourth-quarter adjusted earnings forecast on Thursday, banking on resilient travel demand and an overall improvement in pricing power. The carrier expects its adjusted earnings per share in the quarter to be between $0.55 and $0.75, compared with its prior range of between $0.25 and $0.50. (Reporting by Nathan Gomes …
American Airlines raises Q4 adjusted earnings forecast Read More »
HANOI (Reuters) – Nvidia and the Vietnamese government will jointly set up an AI research and development centre and an AI data centre in the Southeast Asian country under an agreement signed on Thursday. Nvidia also said it has acquired healthcare startup VinBrain, a unit of Vietnamese conglomerate Vingroup, but didn’t provide the value of …
Nvidia to build AI research, data centres in Vietnam with govt Read More »
By Luiza Ilie BUCHAREST (Reuters) -The U.S. voiced concern about potential foreign interference in Romania’s presidential election after the declassification of documents showing the country was a target of “aggressive hybrid Russian attacks” during a period of three consecutive ballots. Having previously polled in single digits, pro-Russia ultranationalist Calin Georgescu surged to victory in the …
US concerned about potential interference in Romanian election Read More »
By Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -South Korean opposition lawmakers said on Thursday they would vote this weekend to impeach President Yoon Suk Yeol for his botched attempt to impose martial law, and police said they were investigating claims of treason against him and top ministers. Yoon’s declaration of martial law late on …
South Korea’s Yoon faces impeachment vote, investigation for treason Read More »
By Dhwani Pandya MUMBAI (Reuters) – Sweden’s EQT has invested more than its targeted $5 billion in India over the last few years, the head of its Asian business said on Thursday, as the private equity firm focuses on buyouts and investments in the country where it is sees strong deal activity. EQT, with about …
Sweden’s EQT exceeds investment targets in India, doubles down on healthcare Read More »
