Kenyan court blocks deputy president appointment hours after Ruto picks ally

By George Obulutsa and Humphrey Malalo NAIROBI (Reuters) -Kenyan President William Ruto chose Interior Minister Kithure Kindiki as his new deputy on Friday, but a court blocked his appointment until it hears a case next week challenging the impeachment of Kindiki’s predecessor. The high court’s intervention came after lawmakers had already approved Kindiki’s appointment on …

Kenyan court blocks deputy president appointment hours after Ruto picks ally Read More »

Parties in German region unite to keep victorious far-right from power

BERLIN (Reuters) – Parties spanning the spectrum from left to right agreed on Friday to try to form a government in the German state of Thuringia, setting aside deep political differences to keep the far-right Alternative for Germany out of power. The AfD’s victory in September’s election in Thuringia marked the first time a far-right …

Parties in German region unite to keep victorious far-right from power Read More »

TotalEnergies sells Brazilian fuel distribution business to SIM Distribuidora

By America Hernandez PARIS -French oil major TotalEnergies said on Friday it has agreed to sell a network including 240 retail fuelling stations and seven ethanol and fuel storage facilities in Brazil to a subsidiary of Grupo Argenta. TotalEnergies said it will keep its lubricants blending and distribution activities in Brazil. The value of the …

TotalEnergies sells Brazilian fuel distribution business to SIM Distribuidora Read More »

Cricket-Born in New Zealand, roots in Bengaluru: Ravindra celebrates special ton

By Shrivathsa Sridhar BENGALURU (Reuters) – New Zealand’s Rachin Ravindra pumped his fists and flashed a big smile to acknowledge the loud applause that followed his century in the first test against India on Friday, as adoring Bengaluru fans celebrated like he was one of their own. The 24-year-old had every reason to soak up …

Cricket-Born in New Zealand, roots in Bengaluru: Ravindra celebrates special ton Read More »

Regions Financial’s quarterly profit falls on weaker interest income

(Reuters) – U.S. regional bank Regions Financial reported a fall in its third-quarter profit on Friday, as its interest income took a hit due to higher deposit costs and tepid loan demand. To keep customers from shifting to competitors or higher-yield options like money market funds, banks have increased deposit rates. Meanwhile, the industry also …

Regions Financial’s quarterly profit falls on weaker interest income Read More »

Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output

By Georgina McCartney MIDLAND, Texas (Reuters) – A new pipeline carrying shale natural gas from west Texas toward export hubs on the U.S. Gulf Coast has eased constraints that crashed local prices this year, and will help pave the way for higher U.S. oil production, energy executives said. Pipeline companies largely quit adding new capacity …

Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output Read More »

Sinwar killing represents an ‘inflection point’ for possible Gaza ceasefire, White House says

By Jeff Mason BERLIN (Reuters) – Hamas leader Yahya Sinwar was the chief obstacle to securing a ceasefire in the Gaza conflict and his killing by Israel’s defense force creates an “inflection point” that could accelerate talks to wind down the war, White House spokesperson John Kirby said. Sinwar was the architect of the group’s …

Sinwar killing represents an ‘inflection point’ for possible Gaza ceasefire, White House says Read More »

Autoliv’s profits meet expectations as outperforms global light vehicle market

STOCKHOLM (Reuters) -Autoliv, the world’s largest maker of airbags and seatbelts, on Friday reported third-quarter profit in line with expectations, although it lowered its sales forecast as its growth outstripped global light vehicle production (LVP). Supply chain issues, a slowdown in electric vehicle (EV) demand and high costs have weighed on the auto industry. As …

Autoliv’s profits meet expectations as outperforms global light vehicle market Read More »