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TOKYO (Reuters) – Japan’s manufacturing activity contracted at the fastest pace in 30 months in February, a business survey showed on Tuesday, in a worrying sign for the world’s third-largest economy, which is facing weakening demand and struggling to tame cost pressures. The au Jibun Bank flash Japan manufacturing purchasing managers’ index (PMI) fell to …

Japan’s factory activity shrinks at fastest pace in 2-1/2 years-PMI Read More »

(Reuters) -Australian grocer Coles Group Ltd on Tuesday posted a 17% jump in first-half profit and forecast cost pressures would ease in the second half, but the country’s No. 2 grocer warned that shoppers may cut spending as higher interest rates bite. The company’s earnings in the first half benefited from cost cuts and a …

Australia’s Coles sees shoppers tightening wallets after first-half profit jump Read More »

(Reuters) – Australia’s graphite developer Magnis Energy on Tuesday said it has signed a binding offtake deal with Tesla Inc to supply battery anode materials for a minimum three-year term beginning February 2025. The deal comes while automakers race to secure the supply of critical minerals as the world shifts to decarbonise and diversify global …

Australia’s Magnis in deal with Tesla to supply graphite for electric vehicle batteries Read More »

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Flash purchasing manager index reports from Japan and Australia on Tuesday will give an insight into how two of Asia’s biggest economies are performing, as trading volumes return to normal after U.S. markets were closed for Presidents Day. …

Marketmind: It’s flash PMI time Read More »

(Reuters) – New York City park staff stumbled across a sickly alligator in Brooklyn’s Prospect Park this weekend, the Parks Department said, and rangers captured the lost reptile and brought it to the Bronx Zoo for care. Park maintenance staff found the alligator in Prospect Park Lake on Sunday morning, in the heart of the …

Alligator captured in Brooklyn’s Prospect Park Lake Read More »

By Moira Warburton WASHINGTON (Reuters) – Former U.S. President Jimmy Carter, 98, has decided to receive hospice care, the Carter Center said on Saturday. Here are several key events from the Georgia Democrat’s time in office from 1977 to 1981. CAMP DAVID ACCORDS The Camp David Accords were a series of agreements signed in 1978 …

Factbox-Jimmy Carter’s biggest challenges while president Read More »

(Reuters) -Prosecutors have downgraded the involuntary manslaughter charges against Alec Baldwin, reducing the possible prison time the Hollywood star may face for the 2021 fatal shooting on the set of the movie “Rust,” charging documents showed. New Mexico First Judicial District Attorney Mary Carmack-Altwies had charged Baldwin and the movie’s set armorer, Hannah Gutierrez-Reed, with …

Alec Baldwin’s ‘Rust’ manslaughter charges downgraded, cutting possible prison time Read More »

JERUSALEM (Reuters) – Israel’s foreign minister criticized the Bank of Israel for raising its benchmark interest rate again on Monday and said he supported a process that would halt further rate increases. “In the context of moderating inflation, there was no justification for today’s interest rate hike,” Foreign Minister Eli Cohen wrote on Twitter. In …

Israel’s foreign minister criticizes central bank rate hike Read More »

BUDAPEST (Reuters) – Hungary’s European Union funds negotiator on Monday flagged a further possible delay in access to billions of euros of recovery money, saying ironing out remaining issues with Brussels over democratic reforms could last until the summer. Hungary can receive some 5.8 billion euros ($6.2 billion) in free grants and a further 9.6 …

Hungary flags further possible delay in access to EU funds -report Read More »