By Emma Farge and Gabrielle Tétrault-Farber GENEVA (Reuters) -The U.N. Human Rights Council on Thursday narrowly passed a motion to increase monitoring of human rights abuses in Sudan where hundreds of civilians have been killed since a conflict erupted last month. The Western-led motion, which passed with 18 in favour and 15 against, had been …
Western motion to monitor Sudan abuses ekes past at UN rights body Read More »
By Andrew MacAskill and William James LONDON (Reuters) -Britain on Thursday became the first country to start supplying Ukraine with long-range cruise missiles, which will allow Ukrainian forces to hit Russian troops and supply dumps deep behind the front lines. Ukraine has been asking for months for long-range missiles, but support provided by Britain and …
Britain moves first to supply Ukraine with long-range cruise missiles Read More »
BENGALURU (Reuters) – India’s Eicher Motors, the maker of Royal Enfield motorcycles, posted a bigger-than-expected 48% jump in fourth-quarter profit on Thursday, helped by higher sales as demand for two-wheelers picked up. The company’s consolidated net profit rose to 9.06 billion rupees ($111 million) in the quarter ended March 31, from 6.10 billion rupees a year …
India’s Eicher Motors beats Q4 profit view as demand for two-wheelers spike Read More »
By Samuel Indyk LONDON (Reuters) – The British pound trimmed some losses but remained lower against the dollar on Thursday after the Bank of England raised interest rates for the 12th consecutive meeting in its attempt to fight surging inflation. As expected, the BoE raised rates by a quarter of a percentage point to 4.5%, …
(This May 10 story has been corrected to fix the bids closing to March 24, not March 10, in paragraph 3) (Reuters) – Blackstone Inc and Apollo Global Management were among about 20 bidders for some assets of collapsed Silicon Valley Bank, the Federal Deposit Insurance Corporation (FDIC) said on Wednesday. PNC Financial Services, Valley …
Blackstone, Apollo were among about 20 bidders for SVB’s assets Read More »
By Asif Shahzad (Reuters) -Pakistan’s former Prime Minister Imran Khan was arrested on Tuesday by an anti-graft agency on corruption charges. Government officials alleged that Khan and his wife received land worth millions of dollars as a bribe from a real estate tycoon through a charitable trust. Khan and his aides have denied any wrongdoing. …
What is the corruption case against Pakistan’s Khan? Read More »
(Reuters) -President Volodymyr Zelenskiy said Ukraine’s long-awaited counteroffensive against Russia’s invasion force had yet to start, even as his generals claimed some of their biggest battlefield successes in months. Kyiv says it has pushed Russian forces back over the past several days near the eastern city of Bakhmut in local assaults, while a full-blown counteroffensive …
Zelenskiy says counteroffensive yet to begin despite Kyiv’s gains at front Read More »
By Deep Kaushik Vakil (Reuters) – Gold eased into a tight range on Thursday as a stronger dollar countered support from weaker-than-expected U.S. economic data, which reinforced bets for a pause in the Federal Reserve’s rate hikes and added to wider economic risks. Spot gold was mostly unchanged at $2,029.46 per ounce by 9:39 a.m. …
Gold stalls as dollar bounce counters economic risks Read More »
By Jonathan Stempel and Nate Raymond BOSTON/NEW YORK (Reuters) -A U.S. appeals court on Wednesday threw out the fraud convictions of two wealthy fathers charged with involvement in a vast college admissions conspiracy to pay bribes so children could attend top universities. In a 3-0 decision, the 1st U.S. Circuit Court of Appeals in Boston …
US appeals court overturns first ‘Varsity Blues’ scandal convictions Read More »
BEIJING (Reuters) – Australia’s Trade Minister arrived in Beijing On Thursday to meet his Chinese counterpart, as Canberra pushes for the removal of all trade barriers and for diplomatic relations to stabilise. Trade Minister Don Farrell said he would meet Chinese Commerce Minister Wang Wentao in Beijing and “be advocating strongly for the full resumption …
Australia’s trade minister seeks end to trade curbs on visit to Beijing Read More »
