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Singapore to block Allianz deal for Income but open to new offer, PM says

By Yantoultra Ngui SINGAPORE (Reuters) -Singapore will block a bid by German insurer Allianz to buy a majority stake in Singapore's Income Insurance but remains open to a new deal if its concerns can

Reuters

Oct 14, 2024

German states vow to work together to save Volkswagen sites

BERLIN (Reuters) - The four German states with a Volkswagen presence want to work together to ensure that the struggling carmaker does not shut any of its plants, the states' economy ministries said

Reuters

Oct 14, 2024

EU 'wants level playing field', but still negotiating with China on car tariffs

BERLIN (Reuters) - The European Union wants a level playing field with China on car tariffs and is negotiating with Beijing on mechanisms such as price commitments or investments in Europe as a

Reuters

Oct 14, 2024

China showcases lunar reach as space powers meet without Russia

By Joey Roulette, Giulia Segreti and Tim Hepher MILAN (Reuters) -China unveiled a rock sample from the moon's far side to a space summit overshadowed by shifting political and commercial rivalries on

Reuters

Oct 14, 2024

Brazil's economic activity beats forecast in August, reinforcing rate-hiking path

BRASILIA (Reuters) - Brazil's economic activity again surprised on the upside in August, central bank data showed on Monday, reinforcing a view of heated economic momentum that prompted policymakers

Reuters

Oct 14, 2024

Chinese premier lands in Pakistan amid security lockdown before regional meeting

By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan's capital was under strict security lockdown as Chinese Premier Li Qiang landed in the city on Monday ahead of a

Reuters

Oct 14, 2024

Fed's Kashkari: Sees more modest rate cuts ahead for U.S. economy

By Michael S. Derby (Reuters) - U.S. Federal Reserve Bank of Minneapolis President Neel Kashkari said on Monday more rate cuts likely lie ahead for the central bank as the 2% inflation target looms

Reuters

Oct 14, 2024

EU tariffs on Chinese EVs to accelerate plant closures in Europe, Tavares says

PARIS (Reuters) - The EU's duties on Chinese-made electric cars will speed up plant closures in Europe by local automakers, as tariffs will push Chinese manufacturers to build facilities in Europe,

Reuters

Oct 14, 2024

Top BRICS economic officials stay away from Moscow meeting

(This Oct. 11 story has been corrected to remove Saudi Arabia as a member of BRICS, in paragraph 4. Saudi Arabia has been invited to join, but is not currently a member) By Gleb Bryanski MOSCOW (

Reuters

Oct 14, 2024

Italy dispatches first group of migrants to Albania, source says

By Angelo Amante ROME (Reuters) - Italy is taking a first group of migrants to Albania aboard a navy ship, a source close to the matter said on Monday, activating a controversial plan to process

Reuters

Oct 14, 2024

B. Riley to sell Great American unit to Oaktree in $386 million deal

(Reuters) -B. Riley on Monday agreed to sell its Great American unit, which helps companies determine the value of their assets, to investment firm Oaktree Capital in a $386 million deal that would

Reuters

Oct 14, 2024

Russia calls on BRICS partners to create alternative to IMF

(This Oct. 10 story has been corrected to remove Saudi Arabia as a member of BRICS, in paragraph 2. Saudi Arabia has been invited to join, but is not currently a member) MOSCOW (Reuters) - Russia,

Reuters

Oct 14, 2024

Automesse - Europas Autobauer stellen sich der Konkurrenz aus China

Paris (Reuters) - Die kriselnden europäischen Autobauer und ihre neuen Konkurrenten aus China treffen auf dem Pariser Autosalon einmal mehr zum Kräftemessen aufeinander. Nach einem corona-bedingt

Reuters

Oct 14, 2024

N Korea to blow up cross-border roads with South amid drone dispute, Seoul says

By Hyunsu Yim and Jack Kim SEOUL (Reuters) -North Korea is getting ready to blow up roads that cross the heavily militarised border with South Korea, Seoul said on Monday, amid an escalating war of

Reuters

Oct 14, 2024

BYD tells EU to 'stay away' from tariffs as it expands European supply chain

By Victoria Waldersee PARIS (Reuters) -Chinese EV giant BYD on Monday slammed the EU's planned tariffs on Chinese-made EVs but said it planned to make almost all the cars it sells in Europe locally,

Reuters

Oct 14, 2024

Adobe starts roll-out of AI video tools, challenging OpenAI and Meta

(Reuters) - Adobe on Monday said it has started publicly distributing an AI model that can generate video from text prompts, joining the growing field of companies trying to upend film and television

Reuters

Oct 14, 2024

Nearly a million Australian households struggle to secure food, report shows

SYDNEY (Reuters) - Nearly a million Australian households are struggling to secure enough food, with parents skipping meals or going entire days without food to shield children from hunger, a report

Reuters

Oct 14, 2024

World Bank cuts 2024 growth forecast for sub-Saharan Africa over Sudan

By Duncan Miriri NAIROBI (Reuters) -The World Bank said on Monday it had lowered its economic growth forecast for sub-Saharan Africa this year to 3% from 3.4%, mainly due to the destruction of Sudan's

Reuters

Oct 14, 2024

UK sanctions Iranian military figures following attack on Israel

LONDON (Reuters) - Britain has imposed sanctions against Iranian individuals and organisations following Iran's attack on Israel on Oct. 1, Britain's Foreign Office said on Monday. The sanctions

Reuters

Oct 14, 2024

Food pushes India's retail inflation to nine-month high in September

By Nikunj Ohri and Sarita Chaganti Singh NEW DELHI (Reuters) -India's retail inflation in September accelerated to its highest in nine months, due to higher food prices, according to government data

Reuters

Oct 14, 2024

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