Deal comes amid pressure from Chinese shareholder Analysts hail ‘sensitive’ transaction Bank could return deal proceeds to shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its business in Canada to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion) in cash, paving the way for a potential bumper payout … Read more
E.Europe arms companies step up production for Ukraine Hope to find new markets as defense spends rise Can produce and service Soviet-era and NATO-standard weaponry Poland, Czechs among big suppliers of military aid to Kyiv Industry’s history stretches from 1800s and through Cold War PRAGUE/WARSAW, Nov 24 (Reuters) – Eastern Europe’s arms industry is churning … Read more
WASHINGTON, Nov 18 (Reuters) – The Biden administration ruled on Thursday that Saudi Arabian Crown Prince Mohammed bin Salman has immunity from a lawsuit over the murder of Jamal Khashoggi, drawing immediate condemnation from the slain journalist’s former fiancee. Khashoggi was killed and dismembered in October 2018 by Saudi agents in the Saudi consulate in … Read more
PRZEWODOW, Poland/WARSAW, Nov 17 (Reuters) – Ukraine may get the access it has demanded to the site in the border area of ​​southeastern Poland where a missile killed two people on Tuesday, Polish officials said on Thursday. Warsaw and its Western allies say evidence from the scene points to the explosion being caused by a … Read more
Residents describe detention, torture and death in Kherson Nine-month occupation ended on Friday as Russians retired Among those detained were suspected resistance fighters Russia denies mistreating detainees UN officials say both sides have abused prisoners of war KHERSON, Ukraine, Nov 16 (Reuters) – Residents in Ukraine’s southern city of Kherson call the two-storey police station … Read more
‘Most members’ of G20 condemn war in Ukraine – statement Threat of use of nuclear weapons ‘inadmissible’ Agreement to calibrate monetary tightening To pursue efforts to limit temperature rise to 1.5C NUSA DUA, Indonesia, Nov 16 (Reuters) – Leaders of the Group of 20 (G20) nations deplored Russia’s aggression in Ukraine “in the strongest terms” … Read more
https://tmsnrt.rs/2zpUAr4 Fed’s Waller plays down CPI as just one number Beijing lays out property support, COVID steps Biden to meet Xi at G20 meeting SYDNEY, Nov 14 (Reuters) – Asian share markets were mixed on Monday as a top US central banker warned investors against getting carried away over one inflation number, while Chinese stocks … Read more
Explosion on busy pedestrian avenue wounds 81 Erdogan calls it a bomb, vows culprits to be punished No one has claimed responsibility for blast Turkish cities were targeted in series of attacks in 2015-2016 ISTANBUL, Nov 13 (Reuters) – Six people were killed and 81 others injured on Sunday when an explosion rocked a busy … Read more
GDP in Q3 -0.2% q/q vs Reuters poll -0.5% Seven economic output -0.6% m/m vs poll -0.4% GDP in July and August revised up Economists still see UK going into recession Finance minister predicts “tough road ahead” LONDON, Nov 11 (Reuters) – Britain’s economy shrank in the three months to September at the start of … Read more
HONG KONG/SINGAPORE/NEW YORK, Nov 10 (Reuters) – FTX Chief Executive Sam Bankman-Fried on Thursday launched an urgent push to raise funds to save his firm as the crypto exchange looks to plug a reported $8 billion hole in its finances, according to tweets and a memo to employees. Bankman-Fried said he was in talks with … Read more