TAIPEI (Reuters) -Taiwan’s President Tsai Ing-wen vowed on Saturday to maintain the status quo of peace and stability across the Taiwan Strait amid high tensions with China, which has stepped up military pressure on the democratically governed island. Taiwan will not provoke and will not bow to Chinese pressure, Tsai said in a speech in …
‘War is not an option’, Taiwan president says amid China tensions Read More »
By Luc Cohen NEW YORK (Reuters) -A judge said on Friday he would decide by the end of the month whether a JPMorgan Chase & Co lawsuit should proceed against a former executive who it accuses of entangling the bank with late financier and convicted sex offender Jeffrey Epstein. U.S. District Judge Jed Rakoff in …
JPMorgan, ex-executive spar in court over responsibility for Epstein Read More »
By Katya Golubkova and John Irish HIROSHIMA, Japan (Reuters) -Leaders of the world’s richest democracies acted on Friday to stiffen sanctions against Russia, while a draft communique to be issued after their talks in the Japanese city of Hiroshima stressed the need to reduce reliance on trade with China. The Group of Seven (G7) leaders, …
G7 tightens Russia sanctions, looks to cut China trade reliance Read More »
By Jonathan Stempel (Reuters) – A federal judge in Illinois has dismissed a lawsuit accusing Mondelez International Inc of deceiving consumers into believing its Trident “Original Flavor” gum contained real mint. U.S. District Judge Iain Johnston said it was “fanciful” to believe reasonable consumers would expect the gum to contain mint or peppermint because its …
Lawsuit over Trident ‘Original Flavor’ gum is dismissed Read More »
By Trevor Hunnicutt and Jeff Mason HIROSHIMA, Japan (Reuters) -The Group of Seven (G7) rich nations, concerned by tensions with Beijing, on Saturday outlined a shared approach towards China, looking to “de-risk, not decouple” economic engagement with a country regarded as the factory of the world. The heads of the world’s leading democracies meeting in …
G7 aligns on shared ‘de-risk, not decouple’ approach to China Read More »
NEW DELHI (Reuters) -The Indian government on Friday proposed changes to the tax imposed on angel investors in unlisted entities, exempting a number of categories of foreign investors from such levies. Investments in Indian unlisted firms by central banks, sovereign wealth funds, entities controlled by the government with direct or indirect ownership of 75% or …
India proposes changes to tax on angel investors in unlisted firms Read More »
By Ira Dugal and Aftab Ahmed MUMBAI (Reuters) -India will start withdrawing its highest value currency notes from circulation, the central bank said on Friday, in a move that economists said could boost bank deposits at a time of high credit growth. The withdrawal of 2,000-rupee ($24.5) notes – which the finance ministry’s top official, …
India to withdraw 2,000-rupee notes from circulation Read More »
By Gram Slattery and Jason Lange WASHINGTON (Reuters) -Republican U.S. Senator Tim Scott has entered the 2024 presidential race, according to a filing with the U.S. election regulator on Friday, in what amounts to a long-shot bet that a message of unity and optimism can still appeal in a party where many voters are hungry …
Tim Scott, lone Black Republican in U.S. Senate, to run for president Read More »
By Richard Cowan, Moira Warburton and Jeff Mason WASHINGTON/HIROSHIMA, Japan (Reuters) -A second meeting on Friday between White House and Republican congressional negotiators on raising the federal government’s $31.4 trillion debt ceiling broke up with no progress cited by either side and no additional meeting set. That came at the end of a day of …
White House, Republican team say no progress in debt ceiling talks Read More »
TBILISI (Reuters) -Georgian Airways will resume direct flights to Russia from Saturday, the country’s civil aviation authority said, drawing criticism from Ukraine and the European Union. The move comes after Moscow lifted a flight ban last week in a significant warming of ties with Georgia, with which it has had no formal diplomatic relations since …
Georgia to resume flights to Russia this week, drawing EU and Ukrainian criticism Read More »
