Updated

IMF’s Georgieva says China can no longer rely on exports for growth

By David Lawder WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva told Reuters on Thursday that China is too large to continue relying on exports to drive its economy and faces dangerously slower growth unless it shifts toward a consumer-driven economic model. Georgieva told Reuters in an interview that China’s growth could fall …

IMF’s Georgieva says China can no longer rely on exports for growth Read More »

China urges swift implementation of expansive financial policies

BEIJING/SHANGHAI (Reuters) -China’s central bank and financial regulators have held meetings with key financial institutions, urging them to swiftly implement expansive policies to support the economy and the capital markets. The People’s Bank of China (PBOC) said in a statement on its website on Friday that it urged financial institutions to boost credit support for …

China urges swift implementation of expansive financial policies Read More »

Ukraine’s Zelenskiy says North Korean officers deployed alongside Russians

BRUSSELS (Reuters) – Ukraine’s president accused North Korea on Thursday of deploying officers alongside Russia and preparing to send thousands of troops to help Moscow’s war effort, although NATO’s chief said there was no evidence of Pyongyang’s presence at this stage. Western countries have long accused North Korea of sending weapons to Russia, and in …

Ukraine’s Zelenskiy says North Korean officers deployed alongside Russians Read More »

No US role in Israel operation that killed Hamas leader, Pentagon says

WASHINGTON (Reuters) -The U.S. military said on Thursday its forces had no role in the Israeli operation that killed Hamas leader Yahya Sinwar, even if U.S. intelligence has contributed to Israel’s understanding of Hamas leaders who took hostages last year. “This was an Israeli operation. There (were) no U.S. forces directly involved,” said Air Force …

No US role in Israel operation that killed Hamas leader, Pentagon says Read More »

ADM sued for alleged misconduct, lack of safety inspections after explosion hurt US worker

By P.J. Huffstutter CHICAGO (Reuters) -Archer-Daniels-Midland Co intentionally failed to test and maintain safety systems on its grain equipment for years, which contributed to an explosion that immolated a worker and put him in a coma last year, according to a lawsuit filed against the company. The explosion was part of a string of safety …

ADM sued for alleged misconduct, lack of safety inspections after explosion hurt US worker Read More »

Star Entertainment reverses course a day after Sydney casino relief

By Rishav Chatterjee (Reuters) -Australian troubled casino operator Star Entertainment reversed its course to drop on Friday as trading resumed a day after New South Wales gaming regulator said the embattled firm would be able to keep its Sydney casino open. The New South Wales Independent Casino Commission on Thursday decided not to revoke the …

Star Entertainment reverses course a day after Sydney casino relief Read More »