News
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RPT-India's Enforcement Directorate files case against Myntra over FDI violations
July 23 (Reuters) - India's Enforcement Directorate on Wednesday said it has filed a complaint against Walmart's WMT.N Myntra for alleged violation of foreign direct investment regulations. ($1 = 86.3840 Indian rupees)Reuters
Wed, Jul 23
India's Enforcement Directorate files case against Myntra over FDI violations
July 23 (Reuters) - India's Enforcement Directorate on Wednesday said it has filed a complaint against Walmart's WMT.N Myntra for alleged violation of foreign direct investment regulations. ($1 = 86.3840 Indian rupees)Reuters
Wed, Jul 23
Russian delegation heads to Turkey for talks with Ukraine, news agencies say
MOSCOW, July 23 (Reuters) - A plane carrying a Russian delegation departed from Moscow for Turkey on Wednesday to hold a third round of peace negotiations with Ukraine, Russian news agencies quoted sources as saying.Reuters
Wed, Jul 23
CapVest eyes majority stake in German drugmaker Stada, Bloomberg News reports
July 23 (Reuters) - London-based buyout firm CapVest Partners is in talks to acquire a majority stake in German drugmaker Stada Arzneimittel, Bloomberg News reported on Tuesday.The deal would value Stada Arzneimittel at about 10 billion euros ($11.75 billion) including debt, the report said, citing ...Reuters
Wed, Jul 23
Ex-trader Tom Hayes wins appeal to overturn rate-rigging conviction at UK top court
LONDON, July 23 (Reuters) - Tom Hayes, the first trader ever jailed for interest rate rigging, had his conviction overturned by Britain's top court on Wednesday after a years-long fight to clear his name.The UK Supreme Court unanimously allowed Hayes' appeal, overturning his 2015 conviction ...Reuters
Wed, Jul 23
Japan's PM Ishiba denies he has decided to quit
By Tim Kelly, Satoshi Sugiyama and Leika KiharaTOKYO, July 23 (Reuters) - Japanese Prime Minister Shigeru Ishiba denied on Wednesday he had decided to quit after a source and media reports said he planned to announce his resignation to take responsibility for a bruising upper house election defeat.A...Reuters
Wed, Jul 23
KFC India operator Sapphire posts quarterly loss as expenses rise
July 23 (Reuters) - Sapphire Foods India SAPI.NS, which operates Pizza Hut and KFC restaurants in the country, reported a quarterly loss on Wednesday, as expenses rose and fast-food restaurant chains faced stiff competition from local cafes and online kitchens.The restaurant operator posted a net lo...Reuters
Wed, Jul 23
US-funded contraceptives for poor nations to be burned in France, sources say
Contraceptives held in warehouse since Trump froze foreign aidDozens of truckloads due to be taken to France for incinerationUN offered to buy them but no agreement reachedNGOs warn lack of contraception will increase unsafe abortions By Ammu Kannampilly, Jennifer Rigby and Jonathan Landay July 2...Reuters
Wed, Jul 23
INSIGHT-Big Alcohol prepares to fight back as buzzy cannabis drinks steal sales
Facing slumping sales, Big Alcohol looks to cannabis, sources sayBeverages with hemp-derived THC are growing in popularityRetailers say the category is pushing beer off shelvesBy Jessica DiNapoli and Emma Rumney NEW YORK, July 23 (Reuters) - Top alcohol makers have been sitting on the sidelines o...Reuters
Wed, Jul 23
KFC India operator Sapphire posts loss as consumers tighten spending
July 23 (Reuters) - Sapphire Foods India SAPI.NS, which operates Pizza Hut and KFC restaurants in the country, reported a quarterly loss on Wednesday, as fast-food restaurant chains face stiff competition from local cafes and online kitchens.The restaurant operator posted a net loss of 18 million ru...Reuters
Wed, Jul 23
Australia makes second $525 million AUKUS payment amid US review
SYDNEY, July 23 (Reuters) - Australia has paid the United States A$800 million ($525 million) in the second instalment under the AUKUS nuclear submarine deal, despite an ongoing formal review of the agreement by U.S. President Donald Trump's administration.Prime Minister Anthony Albanese confirm...Reuters
Wed, Jul 23
Canal+ gets conditional approval for MultiChoice takeover
MultiChoice to create HDP-controlled entity for broadcasting licencePublic interest commitments projected at about 26 bln rand Competition Commission sees no major competition concernsBy Nqobile Dludla JOHANNESBURG, July 23 (Reuters) - South Africa's Competition Tribunal has approved Canal+&#...Reuters
Wed, Jul 23
Doctoral student faces life term for Idaho killings, but motive may remain unknown
Killer pleaded guilty to four counts of first-degree murderPlea agreement set stage for life term without parole or appealDefendant may choose to waive his right to address courtBy Matt McKnight and Steve GormanBOISE, Idaho, July 23 (Reuters) - When relatives of four University of Idaho students sta...Reuters
Wed, Jul 23
Trump pulls US out of UN cultural agency UNESCO for second time
UNESCO boss says decision regrettable but expectedWhite House says UNESCO supports 'woke' causesIsrael welcomes US decision to pull outBy John Irish and Doina Chiacu PARIS/WASHINGTON, July 22 (Reuters) - President Donald Trump has decided to pull the United States out of the "woke"...Reuters
Wed, Jul 23
India to resume issuing tourist visas to Chinese citizens
By Farah Master HONG KONG, July 23 (Reuters) - India will resume issuing tourist visas to Chinese citizens from July 24 this year, its embassy in China said on Wednesday, the first time in five years as both countries move to repair their rocky relationship.Tensions between the two countries esca...Reuters
Wed, Jul 23
Stellantis to recall over 120,000 US vehicles due to head restraints issue, NHTSA says
July 23 (Reuters) - Chrysler parent Stellantis STLAM.MI is recalling 121,398 vehicles in the U.S. due to head restraints that may not lock properly and an increased risk of injury to the seat occupant during a crash, the U.S. National Highway Traffic Safety Administration said on Wednesday.Reuters
Wed, Jul 23
