By Rowena Edwards LONDON (Reuters) – China is expected to account for around 40% of the increase in global oil demand this year as its economy emerges from strict lockdowns, but the increased use will not take prices back to 2022 levels, consultancy Wood Mackenzie said on Thursday. In a base-case scenario, China’s economy will …
China expected to account for 40% of this year’s oil demand recovery Read More »
MADRID (Reuters) – Spanish Prime Minister Pedro Sanchez will visit China next week following a formal invitation by President Xi Jinping, as the Asian country seeks to position itself as a mediator in the ongoing war in Ukraine. The invitation, first reported by newspaper El Pais on Wednesday, was later confirmed by Minister for the …
Spain’s PM Sanchez to go on state visit to China Read More »
(Reuters) – British foreign minister James Cleverly on Wednesday said the country will review security at the Indian High Commission in London following “unacceptable acts of violence” towards the mission’s staff. Earlier this week, India summoned the most senior British diplomat in New Delhi to protest at the actions taken by “separatist and extremist elements” …
UK to review security at Indian High Commission in London after protests Read More »
By David Shepardson WASHINGTON (Reuters) -Chinese-owned short video app TikTok faces a “pivotal moment” as a growing number of U.S. lawmakers seek to ban the popular app over national security concerns, CEO Shou Zi Chew said. Chew said in a video posted on TikTok early on Tuesday that the app now has more than 150 …
TikTok CEO says company at ‘pivotal moment’ as some U.S. lawmakers seek ban Read More »
By Isla Binnie NEW YORK (Reuters) – The United Nations wants to get people talking in New York this week about investing in safe water, sanitation and hygiene, which it describes as “the most basic human need for health and wellbeing”. Puzzles remains over how best to count the financial, social and environmental costs and …
Explainer-The business of water: no one-size-fits-all approach Read More »
By Soo-hyang Choi SEOUL (Reuters) -North Korea fired multiple cruise missiles off its east coast on Wednesday as its rivals South Korea and the United States held joint military exercises, the South Korean military said. The missiles were fired at around 10:15 a.m. (0115 GMT) from its South Hamgyong province, South Korea’s Joint Chiefs of …
North Korea fires multiple cruise missiles off its east coast, South Korea says Read More »
By Dan Peleschuk and Sergiy Chalyi KYIV/ZAPORIZHZHIA, Ukraine (Reuters) -Russia blasted an apartment block in Ukraine with missiles on Wednesday and swarmed cities with drone attacks overnight, in a display of force as President Vladimir Putin bid farewell to his visiting “dear friend” and Chinese leader Xi Jinping. Firefighters battled a blaze in two adjacent …
Russia hits Ukraine with missiles, drones as ‘dear friend’ Xi departs Read More »
By Patricia Zengerle, Simon Lewis and Humeyra Pamuk WASHINGTON (Reuters) -China is “very carefully” watching how Washington and the world respond to Russia’s invasion of Ukraine, but has not yet crossed the line of providing lethal aid to Moscow, U.S. Secretary of State Antony Blinken said on Wednesday. Speaking on the heels of a visit …
China watching world’s response to Ukraine war, has not crossed lethal aid line -Blinken Read More »
By Bharat Gautam and Seher Dareen (Reuters) – Gold prices climbed on Wednesday after the U.S. Federal Reserve toned down its aggressive approach to reining in inflation in a widely anticipated policy statement, and indicated that an end to interest rate hikes was on the horizon. Spot gold was up 1.7% at $1,973.52 per ounce …
Gold jumps after US Fed signals rate-hike pause imminent Read More »
By Lisandra Paraguassu and Ana Mano SAO PAULO (Reuters) – More than a quarter of business leaders traveling to China with President Luiz Inacio Lula da Silva next week come from Brazil’s booming meat industry, highlighting the high stakes for a sector reliant on Chinese demand for most of its exports. With 69 of the …
With stakes high, Brazil meat industry dominates Lula delegation to China Read More »
