By Arathy Somasekhar HOUSTON (Reuters) -A shipment of U.S. oil is headed to South Africa for the first time in two years and destined for a Glencore-owned refinery in Cape Town that has restarted operations after an explosion shuttered it in 2020, according to ship tracking data and a source. U.S. oil exports this year …
Rare shipment of U.S. oil heads to South Africa for Glencore refinery Read More »
BEIJING (Reuters) -China has issued guidance to all provinces to build a basic elderly care system by 2025, state-run Xinhua news agency said on Sunday, in the latest step to prevent a demographic crisis. Who takes care of the elderly in China, where pensions are tiny, is one of the major headaches policymakers face as …
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KYIV (Reuters) -Ukraine said on Sunday that its forces were still advancing around the edges of Bakhmut, aiming to encircle the ruined eastern city after Moscow congratulated the Wagner private army and Russian troops for capturing it. Russia said on Saturday it had completely taken Bakhmut, which, if confirmed, would mark an end to the …
Ukraine aims to encircle Bakhmut as Russia says it captures city Read More »
BEIJING (Reuters) -China’s cyberspace regulator said on Sunday that products made by U.S. memory chipmaker Micron Technology Inc had failed its network security review and it would bar operators of key infrastructure from buying from the company. The decision, announced amid a dispute over chip technology between Washington and Beijing, could include sectors ranging from …
China fails Micron’s products in security review, bars some purchases Read More »
By Renee Maltezou and Lefteris Papadimas ATHENS (Reuters) -Greece’s ruling New Democracy party stormed to a crushing victory in a parliamentary election on Sunday but fell just short of the threshold needed to form a government on its own, making a runoff election in a month more likely. With most votes counted, conservative New Democracy …
Greece’s ruling Conservatives win vote but fall short of majority Read More »
By Ira Dugal MUMBAI (Reuters) -India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023. The decision is reminiscent of a shock …
What India’s decision to scrap its 2000-rupee note means for its economy Read More »
By Katya Golubkova and Sakura Murakami HIROSHIMA, Japan (Reuters) -The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change the supply situation for crude oil and oil products, the IEA’s Executive Director Fatih Birol said. The G7, the …
Oil supply won’t be affected by stricter price cap enforcement – IEA Read More »
By Dan Peleschuk and Jeff Mason HIROSHIMA, Japan (Reuters) -Ukraine’s Volodymyr Zelenskiy on Sunday drew a parallel between the destruction of Bakhmut and the horror of Hiroshima, evoking the symbolism of mass destruction as he wrapped up a surprise appearance at the Group of Seven (G7) summit in Japan. The Ukrainian president’s arrival in Hiroshima …
At G7, Zelenskiy says Bakhmut destruction has echoes of Hiroshima Read More »
By Khalid Abdelaziz and Mohamed Nureldin KHARTOUM (Reuters) -Air strikes and clashes between Sudan’s warring factions could be heard in the capital Khartoum on Sunday, residents said, after a Saudi and U.S.-brokered deal for a week-long ceasefire raised hopes of a pause in the five-week conflict. The deal, signed on Saturday by the army and …
Sudan ceasefire deal raises hopes for relief in Khartoum Read More »
MILAN (Reuters) – Elon Musk’s SpaceX and Unipol Gruppo agreed to join forces to help people hit by flooding in northern Italy connect to the Internet, facilitating rescue operations, the Italian insurer said on Saturday. Torrential rains devastated the eastern side of the Italian region of Emilia-Romagna, killing 14 people, causing billions of euros worth …
Elon Musk’s SpaceX and Italy’s Unipol join forces to help Italians hit by flooding Read More »
