By Arathy Somasekhar HOUSTON (Reuters) – Oil prices tumbled 4% in volatile trade on Tuesday, pressured by weak demand data from China, a gloomy economic outlook and a stronger U.S. dollar. Brent futures for March delivery fell $3.81, or 4.4%, to $82.10 a barrel, the largest daily decline in more than three months. U.S. crude …
Oil dives 4%, trade choppy on worries about China, global economy Read More »
ROME (Reuters) -Italian authorities have found the body of an 18-year-old woman who went missing more than a year ago after refusing to travel to Pakistan for an arranged marriage, a lawyer for a rights group said on Wednesday. Saman Abbas has been identified by dental records after human remains were found near to her …
Italians identify remains of teenage victim in ‘honour killing’ case Read More »
By Shashwat Chauhan and Johann M Cherian (Reuters) -Britain’s main stock indexes closed higher on Wednesday with the FTSE 250 hovering near one month highs, while investors awaited minutes from the U.S. Federal Reserve’s policy meeting to gauge the path forward for interest rates. The exporter-heavy FTSE 100 rose 0.4% by 1645 GMT, lagging its …
UK midcap stocks near one month highs; Fed minutes eyed Read More »
By David Milliken LONDON (Reuters) -Britain’s government will set out next week how it intends to scale back subsidies for businesses’ soaring energy costs, after finance minister Jeremy Hunt described the current programme as “unsustainably expensive”. The current six-month programme, which runs until the end of March, was predicted to cost 18.4 billion pounds ($22.2 …
LONDON (Reuters) – The British Museum said on Wednesday it was holding “constructive discussions” with Greece over the Parthenon Sculptures amid renewed speculation that the 2,500-year-old marbles could soon be returned to Athens. Greece has repeatedly called for the permanent return of the sculptures that British diplomat Lord Elgin removed from the imposing Parthenon temple …
British Museum says in ‘constructive’ discussions over Parthenon marbles Read More »
LONDON (Reuters) – British workers belonging to the GMB trade union at an Amazon warehouse in central England are set to walk out on Jan. 25 over a pay row, the union said on Wednesday, warning that further dates will be laid out “in the coming weeks”. In response, the U.S. tech giant said it …
Amazon workers at UK warehouse to strike on Jan. 25 – union Read More »
By Nandan Mandayam BENGALURU (Reuters) -Walmart Inc has already paid the Indian government most of the nearly $1 billion in tax after digital payments company PhonePe shifted its headquarters from Singapore to India, a source with direct knowledge of the matter told Reuters. Bloomberg News previously reported that Walmart and other PhonePe investors would have …
Walmart paid most of $1 billion tax for PhonePe shifting base to India – source Read More »
By M. Sriram MUMBAI (Reuters) – India’s Nexus Venture Partners is in advanced talks to raise a $700 million fund, the second-biggest such pool to be garnered in the country in the past year, to invest in domestic and U.S.-based technology firms, two sources with direct knowledge said. The planned fund raising, which one of …
By Abdi Sheikh MOGADISHU (Reuters) -Two car bombs detonated by al Shabaab militants in central Somalia on Wednesday killed at least 35 people, including eight members of a single family, and wounded 40 more, a senior police officer said. The attack in the town of Mahas was the latest in a series by al Qaeda …
Car bombs kill 35, burn houses in central Somalia – police Read More »
By Saud Mehsud and Mubasher Bukhari DERA ISMAIL KHAN, Pakistan (Reuters) – Islamist militant group Tehreek-e-Taliban on Wednesday claimed the killing of a senior official of Pakistan’s premier intelligence agency and another officer, the latest in a resurgence of jihadist violence shaking the country. The Inter-Services Intelligence (ISI) officers were shot dead outside a hotel …
Pakistani militants claim killing of two intelligence officials Read More »
