By Rocky Swift and Mayu Sakoda TOKYO (Reuters) – A Japanese whisky “renaissance” will help Kirin Holdings more than double exports of its premium brand by 2025, the company’s master blender said. Japan had fewer than 10 distilleries for most of its whisky history, which hit the century mark last year. But that number shot …
Kirin sees Japan whisky ‘renaissance’ driving 50% export of premium brand Read More »
By Rocky Swift and Mayu Sakoda TOKYO (Reuters) – A Japanese whisky “renaissance” will help Kirin Holdings more than double exports of its premium brand by 2025, the company’s master blender said. Japan had fewer than 10 distilleries for most of its whisky history, which hit the century mark last year. But that number shot …
Kirin sees Japan whisky ‘renaissance’ driving 50% export of premium brand Read More »
By Anushree Ashish Mukherjee (Reuters) – Gold eased on Wednesday after data showed strong U.S. business activity, even as a weakened dollar limited losses, while investors looked ahead to more economic indicators to assess when the Federal Reserve might first cut interest rates. Spot gold was down 0.7% at $2,014.56 per ounce at 2:13 p.m. …
Gold stumbles on strong US data, as traders strap in for more Read More »
By Chris Thomas and Kashish Tandon BENGALURU (Reuters) – Zee Entertainment on Wednesday called on Sony to honour its obligations to close a $10 billion merger deal between the companies and asked an Indian tribunal to order Sony to complete the combination that the Japanese firm terminated. Sony terminated merger plans with Zee on Monday …
India’s Zee asks Sony to honour merger obligations, approaches tribunal Read More »
OTTAWA (Reuters) – An independent commission probing alleged foreign interference in Canada asked the Trudeau government on Wednesday to share information about possible meddling in elections by India, a development that could aggravate already-tense Ottawa-New Delhi relations. The commission was set up by Prime Minister Justin Trudeau’s government in September to conduct a public inquiry …
Commission seeks information on India in Canada foreign interference probe Read More »
OTTAWA (Reuters) – An independent commission probing alleged foreign interference in Canada asked the Trudeau government on Wednesday to share information about possible meddling in elections by India, a development that could aggravate already-tense Ottawa-New Delhi relations. The commission was set up by Prime Minister Justin Trudeau’s government in September to conduct a public inquiry …
Commission seeks information on India in Canada foreign interference probe Read More »
By Joe Cash BEIJING (Reuters) -Chinese Premier Li Qiang went to the World Economic Forum in Davos last week with a mission to present a positive image of the economy and schmooze financial elites: “Investing in the Chinese market is not a risk, but an opportunity.” The message fell flat. As soon as Chinese markets …
China’s attempts to lift confidence in economy fall flat Read More »
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON/NEW YORK/HONG KONG (Reuters) – Attacks in the Red Sea by Iranian-backed Houthi militants on shipping vessels have dealt global supply chains a fresh blow. The disruption caused to shipping through the Suez Canal, the shortest sea route between Europe and Asia, have squeezed supplies in oil, …
How hedge funds would trade Red Sea supply disruptions Read More »
BENGALURU (Reuters) – India’s Tata Steel reported a third-quarter profit on Wednesday, as declining expenses more than offset lower revenue due to weak domestic prices. Subdued local prices due to cheaper shipments from top producer China hurt the country’s steelmakers in the October-December period, despite sustained domestic demand. The quarter partly coincided with an eight-month …
India’s Tata Steel posts Q3 profit as lower costs counter weak revenue Read More »
By Toby Sterling AMSTERDAM (Reuters) -Dutch computer chip equipment maker ASML said on Wednesday it expected new U.S. and Dutch export curbs to reduce sales of its mid-range “DUV” product lines to China by about 10% to 15% this year, after they hit record levels in 2023. CFO Roger Dassen also confirmed that another older …
ASML expects US, Dutch export rules to hit China sales by 10-15% Read More »
