News
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UPDATE 2-Passenger plane flying from Azerbaijan to Russia crashes in Kazakhstan with many feared dead
Updates throughout with comment from Kazakhstan's emergencies ministry, detail from videoBy Mariya GordeyevaASTANA, Dec 25 (Reuters) - An Embraer EMBR3.SA passenger plane flying from Azerbaijan to Russia crashed near the city of Aktau in Kazakhstan on Wednesday with 67 passengers and five crew on bo...Reuters
Wed, Dec 25
China extends EU brandy anti-dumping investigation
BEIJING, Dec 25 (Reuters) - China's commerce ministry said on Wednesday it would extend the duration of its anti-dumping investigation into brandy originating from the European Union. Preliminary findings from the probe have shown dumping of EU brandy threatens to damage China's sector, the ministr...Reuters
Wed, Dec 25
UPDATE 2-Taiwan blocks Uber's $950 mln Foodpanda deal, CNA reports
Changes sourcing, adds Taiwan authority comment, more background, paragraphs 1, 3, 6-7 Dec 25 (Reuters) - Taiwan has blocked Uber Technologies' UBER.N $950 million purchase of Delivery Hero's DHER.DE Foodpanda business on the island because of anti-competition concerns, Taiwan's official Central ...Reuters
Wed, Dec 25
Passenger plane crashes in Kazakhstan, emergencies ministry says
MOSCOW, Dec 25 (Reuters) - A passenger plane has crashed near the city of Aktau in Kazakhstan, Russian news agencies reported on Wednesday, citing Kazakhstan's Emergencies Ministry. The Azerbaijan Airlines plane was en route from Baku to Grozny in Russia's Chechnya but was rerouted due to fog in Gro...Reuters
Wed, Dec 25
EXCLUSIVE-KKR and Bain each bid more than $5 bln for Seven & i assets, sources say
KKR and Bain Capital each offer more than $5 billion for Seven & i assets, sources sayKKR, Bain, Japan Industrial Partners successful in first round of bids, sources saySeven & i seeking to hive off non-core assets including superstoresAdds context and details in paragraphs 3, 7 and 9-14.By Miho Ura...Reuters
Wed, Dec 25
UPDATE 2-Japan to compile record $734 bln budget for next fiscal year, draft plan shows
Changes sourcing, adds more details from draftBy Takaya YamaguchiTOKYO, Dec 25 (Reuters) - Japan's government is set to compile a record $734 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world's heaviest debt, a draftReuters
Wed, Dec 25
UPDATE 1-Taiwan blocks Uber's $950 mln Foodpanda deal, Bloomberg News reports
Adds details from Bloomberg report Dec 25 (Reuters) - Taiwan has blocked Uber Technologies' UBER.N $950 million purchase of Delivery Hero's DHER.DE Foodpanda business on the island because of anti-competition concerns, Bloomberg News reported on Wednesday, citing Taiwan's official Central News AgReuters
Wed, Dec 25
BRIEF-Taiwan Blocks Uber Purchase Of Delivery Hero's Foodpanda Business- Bloomberg News Citing Official CNA News Agency
Dec 25 (Reuters) - TAIWAN BLOCKS UBER PURCHASE OF DELIVERY HERO’S FOODPANDA BUSINESS IN TAIWAN - BLOOMBERG NEWS CITING OFFICIAL CNA NEWS AGENCYSource text: https://bit.ly/4gubk2wFurther company coverage: DHER.DE ((Reuters.Briefs@thomsonreuters.com;))Reuters
Wed, Dec 25
Taiwan blocks Uber's $950 mln Foodpanda deal, Bloomberg News reports
Dec 25 (Reuters) - Taiwan has blocked Uber Technologies' UBER.N $950 million purchase of Delivery Hero's Foodpanda business on the island, Bloomberg News reported on Wednesday, citing Taiwan's official Central News Agency. (Reporting by Shubham Kalia in Bengaluru; Editing by Edmund Klamann) ((Shubha...Reuters
Wed, Dec 25
UPDATE 1-Nippon Steel's US Steel takeover plan has support in steelmaking areas, executive says
Adds quotes in paragraphs 4-5, details from paragraph 6 onwardsBy Yuka Obayashi TOKYO, Dec 25 (Reuters) - Japan's Nippon Steel 5401.T is seeing support for its proposal to acquire U.S. Steel X.N in the regions of the United States where steel mills are located, Nippon Steel's President Tadashi Im...Reuters
Wed, Dec 25
Nippon Steel's US Steel takeover plan has support in steelmaking areas, executive says
TOKYO, Dec 25 (Reuters) - Japan's Nippon Steel 5401.T is seeing support for its proposal to acquire U.S. Steel X.N in the regions of the United States where steel mills are located, Nippon Steel's President Tadashi Imai told reporters on Wednesday.On Monday, a U.S. foreign investment committee refer...Reuters
Wed, Dec 25
Toyota global production down for 10th month despite rising sales
TOKYO, Dec 25 (Reuters) - Toyota Motor's 7203.T global production decreased for a 10th straight month in November, the Japanese carmaker said on Wednesday, although its worldwide sales grew for the second consecutive month on solid demand in the United States and China.The world's biggest automaker ...Reuters
Wed, Dec 25
South Korea's Yoon defies second agency summons over martial law
Yoon defies second summons by anti-corruption authoritiesYoon also ignored prosecutors' summons but said he won't evade responsibilityOpposition criticises Yoon's no-shows, calls for his arrestBy Minwoo Park GWACHEON, South Korea, Dec 25 (Reuters) - South Korea's suspended President Yoon Suk Yeol...Reuters
Wed, Dec 25
China condemns Philippine defence chief's remarks on China, US missiles
BEIJING, Dec 25 (Reuters) - China on Wednesday condemned comments by the Philippine defence minister about China, calling them "baseless accusations" that "maliciously attacked" China's ruling Communist Party. Gilberto Teodoro said on Tuesday that the Philippines has the right to allow the deploy...Reuters
Wed, Dec 25
EXCLUSIVE-KKR, Bain bids ranged from $4.8 bln to $7.6 bln for Seven & i assets, sources say
By Miho Uranaka, Makiko Yamazaki and Ritsuko ShimizuTOKYO, Dec 25 (Reuters) - Private equity firms including KKR KKR.N and Bain Capital offered from around 750 billion yen ($4.8 billion) to around 1.2 trillion yen ($7.6 billion) in a first round of bidding for the non-core assets of Japan's Seven & ...Reuters
Wed, Dec 25
Chinese embassy urges Canada to stop 'interfering' in Hong Kong affairs
BEIJING, Dec 25 (Reuters) - China's embassy in Canada on Wednesday urged Canada to respect China sovereignty, respect the rule of law and stop "interfering" in Hong Kong affairs.Canada made "groundless accusations" and "wantonly smeared" the government of Hong Kong over the performance of its duties...Reuters
Wed, Dec 25
UPDATE 1-China approves value-added tax law, taking effect in 2026
Adds details, background in paragraphs 2-12, changes media slug; previous CHINA-ECONOMY/LAWMAKING BEIJING, Dec 25 (Reuters) - China approved a value-added tax law on Wednesday to take effect on Jan. 1, 2026, the official Xinhua said, bringing into one document previous regulations that have inclu...Reuters
Wed, Dec 25
Biden signs 50 bills into law, makes bald eagle the country's official bird
WASHINGTON, Dec 24 (Reuters) - President Joe Biden signed 50 bills into law on Tuesday that include making the bald eagle the country's official bird and one that stops members of Congress from collecting their pensions if convicted of crimes.Biden also established the first federal anti-hazing stan...Reuters
Wed, Dec 25
