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INDIA BUDGET-India's defence budget heavily weighted to manpower costs
India proposes 9.5% increase in budgetHigher than 4.5% increase proposed for last yearMore than two-thirds allocated to wages, pensionsBy Shivam PatelNEW DELHI, Feb 1 (Reuters) - India on Saturday proposed defence spending of 6.81 trillion rupees ($78.70 billion) for the 2025-26 fiscal year, up 9.5%...Reuters
Sat, Feb 1
Rafah border crossing reopens to allow Palestinian patients into Egypt
CAIRO, Feb 1 (Reuters) - The Rafah border crossing, the main entry and exit point for the Palestinian territory, reopened on Saturday for the first time since May 2024 to allow Palestinian patients to cross over from Gaza to Egypt to receive medical treatment, live television footage showed.Reuters
Sat, Feb 1
Costco, Teamsters negotiating committee reach tentative agreement
Feb 1 (Reuters) - The Teamsters labor union said on Saturday that its negotiating committee has reached a tentative agreement for a new contract with U.S. retailer Costco Wholesale COST.O."The tentative agreement will be presented to the membership for a vote," the union, which represents mo...Reuters
Sat, Feb 1
Romania finance minister sees no chance of ratings downgrade this year
BUCHAREST, Feb 1 (Reuters) - Romania's finance minister said on Saturday he saw no chance of a ratings agency downgrade to below investment level this year even as fiscal overspend and a cancelled presidential election prompted Fitch and S&P to cut the country's outlook to negative.Asked...Reuters
Sat, Feb 1
BRIEF-Zeekr Intelligent Technology Says it Delivered 11,942 Vehicles In January 2025
Feb 1 (Reuters) - Zeekr Intelligent Technology Holding Ltd ZK.N:ZEEKR ANNOUNCES JANUARY 2025 DELIVERY UPDATEZEEKR INTELLIGENT TECHNOLOGY - DELIVERED 11,942 VEHICLES IN JANUARY 2025ZEEKR INTELLIGENT TECHNOLOGY - AS OF END OF JANUARY 2025, ZEEKR'S CUMULATIVE DELIVERIES REACHED 430,698Source text: ...Reuters
Sat, Feb 1
Hamas hands over Israeli hostage Siegel to Red Cross at Gaza port
Feb 1 (Reuters) - Hamas handed over U.S.-Israeli dual national Keith Siegel, the last of the three hostages released on Saturday by the group, to the Red Cross at Gaza Port, live television footage showed.Yarden Bibas and Ofer Kalderon, a French-Israeli dual national, were handed over by Hamas earli...Reuters
Sat, Feb 1
BRIEF-Li Auto Delivered 29,927 Vehicles In January 2025
Feb 1 (Reuters) - Li Auto Inc 2015.HK:LI AUTO INC: DELIVERED 29,927 VEHICLES IN JANUARY 2025LI AUTO INC: AS OF JANUARY 31, 2025, LI AUTO'S CUMULATIVE DELIVERIES REACHED 1,163,799Source text: ID:nGNX9vm53mFurther company coverage: 2015.HKReuters
Sat, Feb 1
BRIEF-Aqua Pennsylvania Acquires Greenville Sanitary Authority Wastewater System In Mercer County
Essential Utilities Inc WTRG.N:AQUA PENNSYLVANIA ACQUIRES GREENVILLE SANITARY AUTHORITY WASTEWATER SYSTEM IN MERCER COUNTYESSENTIAL UTILITIES INC - AQUA PENNSYLVANIA FINALIZES $18 MILLION PURCHASE OF GREENVILLE SANITARY AUTHORITYSource text: ID:nBw1Q0dNTaFurther company coverage: WTRG.NReuters
Sat, Feb 1
UAE's ADNOC confirms negotiations with Austria's OMV for new polyolefins JV
Feb 1 (Reuters) - Abu Dhabi National Oil Company (ADNOC) confirmed on Saturday negotiations with Austria's OMV OMVV.VI to set up a new global polyolefins group.It said in a statement negotiations to merge their Borouge and Borealis companies were going in a "constructive and positive manner&...Reuters
Sat, Feb 1
BRIEF-Kia America Says January 2025 Sales Of 57,007 Total Units Marks 12% Increase Compared To Same Period Last Year
Feb 1 (Reuters) - Kia Corp 000270.KS:KIA AMERICA: JANUARY 2025 SALES OF 57,007 TOTAL UNITS MARKS A 12-PERCENT INCREASE COMPARED TO THE SAME PERIOD LAST YEARSource text: ID:nPn3d11taFurther company coverage: 000270.KSReuters
Sat, Feb 1
INDIA BUDGET-India axes import tax on some smartphone parts in boost to Apple, Xiaomi
By Shivangi Acharya NEW DELHI, Feb 1 (Reuters) - India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman announced in the annual budget on Saturday, in a boost for local production efforts and benefiting firms such as Apple AAPL.O a...Reuters
Sat, Feb 1
Tennis-Bublik drafts in ball boy during Montpellier loss to Kovacevic
Feb 1 (Reuters) - Trailing at 6-3 5-1 and with little hope of victory in his quarter-final meeting with Aleksandar Kovacevic at the Open Occitanie in Montpellier, a desperate Alexander Bublik sought the help of a bemused ball boy.Kazakh Bublik, considered one of the great entertainers in tennis for ...Reuters
Sat, Feb 1
BRIEF-NIO Says 13,863 Vehicles Were Delivered In January 2025, Increasing By 37.9% Year-Over-Year
Feb 1 (Reuters) - NIO Inc 9866.HK:NIO INC. PROVIDES JANUARY 2025 DELIVERY UPDATENIO INC: 13,863 VEHICLES WERE DELIVERED IN JANUARY 2025, INCREASING BY 37.9% YEAR-OVER-YEARNIO INC: CUMULATIVE DELIVERIES REACHED 685,427 AS OF JANUARY 31, 2025Source text: ID:nGNX27xjbFFurther company coverage: 9866.HKReuters
Sat, Feb 1
US looking into whether DeepSeek used restricted AI chips, source says
Organized AI chip smuggling to China has been tracked out of countries including Malaysia, source saysNvidia insists its partners comply with all applicable lawsSingapore says it has always upheld rule of lawUpdates story dated Jan. 30 with response from Singapore government on Feb. 1 in paragraph 8...Reuters
Sat, Feb 1
Trump readies order for steep tariffs on goods from Mexico, Canada, China
Canada and Mexico face 25% duties; China looking at 10% above current tariffsCanadian oil will be taxed at 10%, more oil and gas tariffs expected in mid-FebruaryRetaliation expected from top three US trading partnersBy David Lawder, Andrea Shalal and Jarrett Renshaw Feb 1 (Reuters) - U.S. Pre...Reuters
Sat, Feb 1
Small medevac plane crashes in Philadelphia with child, 5 others on board
Air ambulance company says no survivors confirmedOfficials have not confirmed how many may have died on groundPlane dived, exploded in heavily populated areaGovernor says 'there will be loss in this region'All on board were Mexican nationals, CNN reportsAdds Mexican government in paragraph 5...Reuters
Sat, Feb 1
