Updated

Europe’s carmakers discount EVs, hike petrol car prices as new emissions rules loom

By Gilles Guillaume and Alessandro Parodi PARIS/GDANSK (Reuters) – European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge – tougher emissions rules that threaten to further shrink profits across the struggling industry. The European Union will drastically lower its cap on automotive carbon …

Europe’s carmakers discount EVs, hike petrol car prices as new emissions rules loom Read More »

Japan, India startups to study laser-equipped satellite to tackle space debris

By Kantaro Komiya TOKYO (Reuters) – Space startups in Japan and India said on Tuesday they had agreed to jointly study using laser-equipped satellites to remove debris from orbit, an experimental approach to the increasingly imminent problem of orbital congestion. Tokyo-based Orbital Lasers and Indian robotics company InspeCity said they would study business opportunities for …

Japan, India startups to study laser-equipped satellite to tackle space debris Read More »

Russia’s clampdown on Tajik migrants raises economic and security risks

By Lucy Papachristou and Nazarali Pirnazarov LONDON/HULBUK, Tajikistan (Reuters) – When Abubakr Yusufi boarded a flight to Moscow in July, he thought he wouldn’t be home for years. The 23-year-old from a small village in Tajikistan hoped to join his uncle and cousins working in construction in the Russian capital and save enough money to …

Russia’s clampdown on Tajik migrants raises economic and security risks Read More »

Indonesia’s Prabowo heads to Egypt for D-8 economic summit

JAKARTA (Reuters) -Indonesian President Prabowo Subianto headed to Egypt on Tuesday to attend meetings of a group of eight major Muslim developing countries, known as the D-8 Organization for Economic Cooperation, the government said. The D-8, which groups Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey, was established in 1997 to improve cooperation between …

Indonesia’s Prabowo heads to Egypt for D-8 economic summit Read More »

Indonesia anti-graft body searches central bank’s headquarters

By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia’s anti-graft agency raided the headquarters of the central bank in Jakarta on Monday in relation to a probe into alleged mishandling of a corporate social responsibility programme, the agency and the central bank said. The office of central bank Governor Perry Warjiyo was among those raided, …

Indonesia anti-graft body searches central bank’s headquarters Read More »

Canada government adrift after finance minister resigns, Trump tariffs loom

By David Ljunggren OTTAWA (Reuters) – The abrupt resignation of Canada’s finance minister leaves the government adrift less a month before the inauguration of a new U.S. administration that could impose crippling sanctions on Canadian exports. Chrystia Freeland quit on Monday after Prime Minister Justin Trudeau offered her a lesser position. She said his wish …

Canada government adrift after finance minister resigns, Trump tariffs loom Read More »

Taipei mayor calls for reduced tensions during rare visit of Chinese officials

TAIPEI (Reuters) -The mayor of Taiwan’s capital told visiting Chinese officials on Tuesday he hoped for peace and wanted less of the “howls of ships and aircraft” around the island, saying dialogue trumps confrontation. China, which views democratically-governed Taiwan as its own territory, sends warplanes and warships near the island on an almost daily basis, …

Taipei mayor calls for reduced tensions during rare visit of Chinese officials Read More »