By Nikunj Ohri NEW DELHI (Reuters) – India could set a target for divestment from state firms in fiscal 2024/25 that falls short of this year’s goal to stand at the lowest in nine years, as the government turns its focus to general elections due next year, a senior official said. The government official, who …
India’s divestment target in 2024/25 could be its lowest in nine years -source Read More »
By Kiyoshi Takenaka and Sakura Murakami WAJIMA, Japan (Reuters) -The United States said on Friday it is preparing military logistical support and aid for regions in Japan devastated by an earthquake that killed 94 people, forced about 33,000 people to leave their homes, and left over 200 people unaccounted for. “The U.S. is here to …
US readies aid as Japan earthquake death toll nears 100 Read More »
By Divya Rajagopal TORONTO (Reuters) -Canadian miner First Quantum Minerals is in talks to sell a stake in its Zambian copper mines to Chinese state-owned Jiangxi Copper Corp, aiming to bolster the company’s finances, a person familiar with the matter told Reuters. Details are yet to be finalized and it was not clear whether the …
First Quantum in talks with Jiangxi Copper on sale of stake in Zambian mines-source Read More »
SHANGHAI (Reuters) – Tesla’s strategy in China of real-time, aggressive management of its sales staff is giving its stores an edge over dealerships offering BYD and other brands in the world’s largest auto market, according to three people with knowledge of the matter. The U.S. company in the fourth quarter lost its crown as the …
Tesla trumps BYD in China sales efficiency with real-time strategy Read More »
KARACHI, Pakistan (Reuters) -Pakistan’s senate approved a resolution on Friday to further delay national elections which had been scheduled to take place on Feb. 8, the chairman of the senate said while addressing senators. The resolution passed by the senate, however, is not binding and does not necessarily mean elections will be further delayed. There …
Pakistan’s senate approves delaying elections, but decision not binding Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -India’s benchmark indexes posted marginal gains on Friday but logged losses for the week, dragged by high-weightage information technology stocks on weak earnings outlook and fading hopes of early U.S. rate cuts in 2024. The NSE Nifty 50 fell 0.09% this week, while the Sensex shed 0.30%. For the week, …
India’s Nifty begins 2024 with weekly losses as IT drags Read More »
JAKARTA (Reuters) -A train collision in Indonesia’s West Java province on Friday killed four people and injured 42, local police said, as authorities investigated the cause of the crash. Video images from broadcasters MetroTV and Kompas TV showed passengers being helped out of train carriages, some of which had gone off the rails entirely. The …
Train collision in Indonesia kills four, injures 42 Read More »
By Gopal Sharma KATHMANDU (Reuters) – Nepal has stopped issuing permits to its citizens to work in Russia and Ukraine until further notice, an official said on Friday, after at least 10 Nepali soldiers were killed while serving in the Russian army. Nepal has asked Russia not to recruit its citizens in the Russian army …
Nepal halts work permits for Russia, Ukraine after soldiers killed Read More »
By Phuong Nguyen and Yantoultra Ngui HANOI/SINGAPORE (Reuters) – CVC Capital Partners is considering selling its minority stake in Vietnam’s fourth biggest non-state owned commercial lender, Asia Commercial Bank (ACB), according to two people with knowledge of the matter. The Europe-based alternative investment firm is in talks with an adviser to explore the sale of …
By Jeff Mason and Josh Smith WASHINGTON/SEOUL (Reuters) -Russia recently used short-range ballistic missiles (SRBMs) sourced from North Korea to conduct multiple strikes against Ukraine, the White House said on Thursday, citing newly declassified intelligence. National security spokesperson John Kirby told reporters the United States will raise the development with the United Nations Security Council. …
White House says Russia used missiles from North Korea to strike Ukraine Read More »
