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BlackRock to cut around 250 jobs in latest layoffs
LONDON, Jan 13 (Reuters) - BlackRock BLK.N, the world's largest asset manager, will cut hundreds of jobs as part of a regular round of layoffs to improve efficiency, a spokesperson for the company told Reuters.Around 1% of its global workforce, or about 250 employees, will lose their jobs, the s...Reuters
Tue, Jan 13
Taiwan thanks Canada for its support ahead of prime minister's China trip
Taiwan president meets Canadian lawmakers at his officeCanadian prime minister visiting China this weekTwo lawmakers left Taiwan early ahead of Carney tripCanada, Taiwan have no official diplomatic ties TAIPEI, Jan 13 (Reuters) - Taiwan President Lai Ching-te thanked Canada on Tuesday for its sup...Reuters
Tue, Jan 13
Hong Kong trial of media tycoon Jimmy Lai concludes mitigation phase
Judge says weighing up legal issues 'not an easy task'Lai and eight defendants await sentence at later dateTrial closely watched by diplomats amid push to free Lai By Jessie Pang and James Pomfret HONG KONG, Jan 13 (Reuters) - Hong Kong's High Court wrapped up mitigation hearings on T...Reuters
Tue, Jan 13
EXCLUSIVE-Founders of India's RedTape eye stake sale, tap Blackstone, KKR, sources say
RedTape sells shoes, clothes in competitive sector Founder family appoints EY as advisor, document showsThey want to sell at least a majority stake, sources sayFamily-run Indian firms lure foreign investorsBy Vibhuti Sharma and Aditya Kalra MUMBAI, Jan 13 (Reuters) - Indian footwear firm RedTape ...Reuters
Tue, Jan 13
Google to develop, manufacture high-end smartphones in Vietnam, Nikkei Asia says
Jan 13 (Reuters) - Google GOOGL.O will start developing and manufacturing high-end smartphones in Vietnam this year, Nikkei Asia reported on Tuesday, citing sources familiar with the matter.Google already has a large network of suppliers in Vietnam that assemble its products, including Pixel smartph...Reuters
Tue, Jan 13
German wholesalers warn fiscal stimulus can't replace structural reforms
BERLIN, Jan 13 (Reuters) - German wholesalers expect slight growth of 0.7% this year after stagnating last year, in a sign that industrial wholesalers need more than debt-financed stimulus to overcome structural problems in Europe's largest economy, the BGA lobby said.Consumer goods have been st...Reuters
Tue, Jan 13
Russia says it hit Ukrainian energy and military-industrial facilities
MOSCOW, Jan 13 (Reuters) - Russian forces carried out a massive strike targeting military-industrial facilities in Ukraine, the defence ministry said on Tuesday.The strike was a response to Ukrainian attacks on Russian civilian infrastructure, the ministry said."Russia's armed forces launche...Reuters
Tue, Jan 13
Japan, South Korea push for closer ties to counter regional tension
NARA, Jan 13 (Reuters) - Japan and South Korea aim to deepen security and economic ties to counter growing tension in East Asia, their leaders said on Tuesday, after a summit meeting in Japan.Japanese Prime Minister Sanae Takaichi and South Korean President Lee Jae Myung discussed industrial supply ...Reuters
Tue, Jan 13
Iran's leadership is in its 'final days and weeks', Germany's Merz says
BENGALURU, Jan 13 (Reuters) - German Chancellor Friedrich Merz said on Tuesday he assumes Iran's leadership is in its "final days and weeks" as it faces widespread protests. Demonstrations in Iran have evolved from complaints about dire economic hardships to calls for the fall of the cle...Reuters
Tue, Jan 13
Google to develop, manufacture smartphones in Vietnam, Nikkei Asia says
Jan 13 (Reuters) - Google GOOGL.O will start developing and manufacturing high-end smartphones in Vietnam this year, Nikkei Asia reported on Tuesday, citing sources familiar with the matter.Reuters could not immediately verify the report. Google will begin new product introductions (NPI) for its Pix...Reuters
Tue, Jan 13
Global central banks work on statement in solidarity with Fed's Powell, Bloomberg News reports
Jan 13 (Reuters) - Global central bank officials are working on a statement to express support for Federal Reserve Chair Jerome Powell after the Trump administration opened a criminal investigation into him, Bloomberg News reported on Tuesday, citing a person familiar with the matter. The joint stat...Reuters
Tue, Jan 13
Serbia's Vucic expects sale contract for NIS oil firm by March, Tanjug reports
ATHENS, Jan 13 (Reuters) - Serbian President Aleksandar Vucic said on Tuesday he expects binding terms for the sale of U.S.-sanctioned, Russian-owned oil company NIS to be submitted to the U.S. Office of Foreign Assets Control within 48 hours, the Tanjug news agency reported.A final contract for the...Reuters
Tue, Jan 13
Malaysia to take legal action against X over Grok AI concerns
KUALA LUMPUR, Jan 13 (Reuters) - Malaysia's communications regulator said on Tuesday it will take legal action against social media platform X due to concerns over user safety in relation to artificial intelligence feature Grok. The generative AI chatbot Grok has sparked a global backlash by all...Reuters
Tue, Jan 13
Russia summons Polish ambassador to demand release of detained archaeologist
MOSCOW, Jan 13 (Reuters) - Russia said on Tuesday it had summoned Poland's ambassador to protest over the detention of a Russian archaeologist and demand that he be immediately released instead of extradited to Ukraine.Poland arrested archaeologist Alexander Butyagin last month at the request of...Reuters
Tue, Jan 13
UK pest control firm Rentokil names US-based CEO
Jan 13 (Reuters) - British pest control firm Rentokil Initial RTO.L named logistics firm OnTrac's Mike Duffy as its new chief executive officer on Tuesday, succeeding Andy Ransom in March upon his retirement.Duffy, a U.S. citizen, will be based in North America, Rentokil's biggest market. Re...Reuters
Tue, Jan 13
Global central banks work on statement in solidarity with Fed's Powell, Bloomberg News reports
Jan 13 (Reuters) - Global central bank officials are working on a statement to express support for Federal Reserve Chair Jerome Powell after the Trump administration opened a criminal investigation into him, Bloomberg News reported on Tuesday, citing a person familiar with the matter.The Trump admin...Reuters
Tue, Jan 13
