Reuters Asia

Russia-bound Jindal containers stuck at Antwerp port for year -company

By Mohi Narayan and Neha Arora NEW DELHI (Reuters) -Five Russia-bound containers from India’s Jindal Stainless Ltd (JSL) have been stuck at the Belgian port of Antwerp for around a year, unable to enter the European Union, the company said on Friday. “The containers are carrying around 100 metric tonnes of stainless steel,” a company …

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EU’s Borrell: Russia-China partnership has limits

BRUSSELS (Reuters) – China’s partnership with Russia has limits, despite rhetoric to the contrary, and Europe should welcome any attempts by Beijing to distance itself from Moscow’s war in Ukraine, European Union foreign policy chief Josep Borrell said on Friday. Borrell’s remarks followed a summit this week between Russian President Vladimir Putin and Chinese President …

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Russians reluctantly embrace Chinese cars after Western brands depart

By Gleb Stolyarov and Roman Churikov MOSCOW (Reuters) – As the exodus of Western carmakers narrows options for Russian consumers, Chinese automakers are filling the gap, forcing Russians to overcome their reluctance to embrace Chinese brands and stomach higher prices. Chinese brands such as Haval, Chery and Geely now account for almost 40% of Russia’s …

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U.S. imposes fresh sanctions on Myanmar, targets jet fuel suppliers

By Daphne Psaledakis and Simon Lewis WASHINGTON (Reuters) -The United States on Friday announced further sanctions against Myanmar, targeting the supply of jet fuel to Myanmar’s military following air strikes in civilian populated areas, the U.S. Treasury Department said. The Treasury in a statement said it imposed sanctions on two people and six entities connected …

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