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Guyana seeks Indian investment in its hydrocarbon sector -Indian official

NEW DELHI (Reuters) -Guyana wants Indian companies to invest in its oil and gas sector as the South American nation aims to expand its nascent energy sector, a senior Indian foreign ministry official said on Tuesday. Guyana’s President Mohamed Irfaan Ali and Suriname’s President Chandrikapersad “Chan” Santokhi, who are visiting India, held discussions on Monday …

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Italian, Japanese leaders agree to form “strategic partnership”

ROME (Reuters) – Italian Prime Minister Giorgia Meloni and her Japanese counterpart Fumio Kishida agreed at a meeting on Tuesday to strengthen ties in a range of spheres including the economy, trade and defence, the leaders said. “We have agreed to elevate our relations to the level of a strategic partnership,” Meloni told reporters in …

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LME to decide nickel reforms by end of first quarter

By Pratima Desai and Eric Onstad LONDON (Reuters) – The London Metal Exchange (LME) said on Tuesday it will set out by the end of the first quarter how it will deliver on the recommendations of an independent report into the nickel crisis last year. Months after turbulence highlighted shortcomings in LME oversight, the nickel …

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Flood, mudslide threats prompt evacuations along California coast

By Erica Urech and Steve Gorman MONTECITO, Calif. (Reuters) -The latest in a string of Pacific storms blamed for at least 12 deaths soaked California on Monday, prompting evacuations of some 25,000 people, including the entire town of Montecito and nearby areas of the Santa Barbara coast, due to heightened flood and mudslide risks. The …

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France to unveil pension overhaul in test for Macron

By Caroline Pailliez and Leigh Thomas PARIS (Reuters) -The French government on Tuesday will outline its reform of France’s Byzantine pension system, a deeply unpopular move that risks mass strikes and will test president Emmanuel Macron’s ability to deliver change in his second term. Macron has said the French must work longer to balance the …

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Russia throws forces into assault on Ukraine’s Soledar, stepping stone in Donbas campaign

By Dan Peleschuk and Tom Balmforth KYIV (Reuters) -Ukrainian forces are facing waves of assaults by Russian forces on the small salt-mining town of Soledar, Kyiv officials said on Tuesday, as Moscow strives to make its first breakthrough in the east in months. Britain’s Defence Ministry said Russian troops and mercenaries of the Wagner group …

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Indian shares fall as hawkish Fed remarks revive rate worries

By Rama Venkat BENGALURU (Reuters) – Indian shares closed lower on Tuesday, as risk-aversion gripped broader equities over hawkish comments from U.S. Federal Reserve officials, and led to a decline in over-valued stocks such as the Adani Group. The Nifty 50 index was down 1.03% at 17,914.15 at the close, while the S&P BSE Sensex …

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Fixed income returns in India set to surge in 2023, prompt higher investments – analysts

(This Jan. 9 story has been corrected to fix AUM of Nuvama Wealth Management in the fourth paragraph after the fund issued a correction) By Bhakti Tambe MUMBAI (Reuters) – Indian investors are looking to increase the proportion of debt in their portfolios on expectations of a peak in policy tightening, a desire to lock …

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U.S. House adopts rules sought by hardliners to control McCarthy

By David Morgan and Moira Warburton WASHINGTON (Reuters) -The Republican-led U.S. House of Representatives on Monday adopted a package of internal rules that give right-wing hardliners more leverage over the chamber’s newly elected Republican speaker, Kevin McCarthy. Lawmakers voted 220-213 to approve the legislation. One Republican, Representative Tony Gonzales, joined all 212 Democrats in voting …

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Britain’s groundbreaking satellite launch ends in failure

By Paul Sandle NEWQUAY, England (Reuters) -Britain’s attempt to become the first European nation to launch satellites into space ended in bitter disappointment early on Tuesday when Virgin Orbit said its rocket had suffered an anomaly that prevented it from reaching orbit. The “horizontal launch” mission had left from the coastal town of Newquay in …

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