JOHANNESBURG (Reuters) -The South African rand recovered some ground on Wednesday after hitting its lowest level in almost three years after South African data showed a sharp economic contraction and on hawkish comments from U.S. Federal Reserve Chair Jerome Powell. At 1531 GMT, the rand traded at 18.5200 to the dollar, 0.42% stronger than its …
By Nyasha Chingono HARARE (Reuters) – As the sweltering morning sun beat down on them, about half a dozen young Zimbabwean women stacked green tobacco leaves into sheaves while another group, some with babies on their backs, loaded the harvested crop onto a tractor. In a largely male-dominated sector, Michelle Gwatimba, 36, who runs this …
Zimbabwe tobacco farmer offers lifeline to survivors of gender violence Read More »
By Jan Strupczewski BRUSSELS (Reuters) -The European Commission said on Wednesday it would back any fiscal tightening goals for 2024 by EU governments as long as plans ensured public debt was at a “prudent” level, providing more flexibility than its prior one-size-fits-all approach. The guidance of the Commission, the EU’s executive arm, is part of …
EU ready to accept countries’ own fiscal tightening goals for 2024 Read More »
By Praveen Menon and Scott Murdoch SYDNEY (Reuters) -Investment firm GQG Partners Inc founder Rajiv Jain will meet clients and investors in Australia this week and will explain its investment into embattled Indian conglomerate Adani Group, among other things, the company said on Tuesday. GQG Partners bought shares worth $1.87 billion in four Adani group …
GQG founder Jain to meet Australian investors after $1.9 billion Adani investment Read More »
By David Brunnstrom and Renju Jose WASHINGTON/SYDNEY (Reuters) -U.S. President Joe Biden will host leaders of Australia and Britain in San Diego next week to chart a way forward for provision of nuclear-powered submarines and other high-tech weaponry to Australia, sources familiar with the plans said. Australian Prime Minister Anthony Albanese said before leaving on …
Biden to host Australian, British leaders on AUKUS defence pact Read More »
By Casey Hall SHANGHAI (Reuters) – A group of more than a dozen women, dressed in matching pink lab coats, leans over rows of benches in a classroom, serious-faced as they delicately massage and stretch out the limbs of plastic baby dolls. They are students who have come to the Yipeitong training centre in Shanghai …
Need a nanny? Chinese school trains women to take care of newborns Read More »
By Uditha Jayasinghe and Andrea Shalal COLOMBO/WASHINGTON (Reuters) – Sri Lanka looks set to get a sign-off on a long-awaited $2.9 billion four-year bailout from the International Monetary Fund (IMF) on March 20 after the crisis-hit country secured new financing support from China. The IMF and the island nation confirmed on Tuesday that Sri Lanka …
Sri Lanka closes in on $2.9 billion IMF deal after China support Read More »
(Refiles to add PIX to slug) By Brendan Pierson, Gabriella Borter and Jonathan Stempel (Reuters) -Five women who said they were denied abortions despite grave risk to their lives have sued the state of Texas, in the first apparent case of pregnant women suing over curbs imposed after the U.S. Supreme Court overturned Roe v. …
Five women who say they were denied abortions sue Texas Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares ended higher for the third session in a row on Wednesday, in contrast to their Asian peers that fell after Federal Reserve Chair Jerome Powell warned of bigger interest rate hikes. The Nifty 50 index added 0.24% to 17,754.40, while the S&P BSE Sensex closed 0.21% higher at …
Indian shares defy global weakness to extend winning streak Read More »
((This March 7 story has been corrected to clarify lenders will release pledged shares, not promoters, in paragraphs 4 and 5)Â ) BENGALURU (Reuters) – Embattled Indian conglomerate Adani Group said it prepaid share-backed financing of 73.74 billion rupees ($901.16 million), as it looks to allay fears over leverage and debt since a U.S. short seller’s …
India’s Adani Group pre-pays over $900 million worth share-backed financing (March 7) Read More »
