Category: World News

By Andrea Shalal WASHINGTON (Reuters) – Lovers of Champagne and other French sparkling wines should brace for big cost increases if the United States makes good on a threat to … Read More

By David Henry NEW YORK (Reuters) – Consumer lending is expected to propel profits for big U.S. banks when they unveil fourth-quarter results this week, though stress in corporate lending … Read More

By Noah Sin and Alun John HONG KONG (Reuters) – Hong Kong’s chief executive Carrie Lam and top finance officials praised the Chinese-ruled city’s resilience as a global financial hub … Read More

JAKARTA (Reuters) – Indonesia signed 11 business deals with the United Arab Emirates worth a combined 314.9 trillion rupiah ($23 billion) covering investment in energy and other sectors, President Joko … Read More

BEIJING (Reuters) – Chinese firms implemented 1.4 trillion yuan ($203 billion) in debt-to-equity swaps and disposed of 2 trillion yuan in soured debt last year as they moved to allay … Read More

(Reuters) – 1/HEAT DOWN UNDER A swathe of Australia the size of South Korea is being razed by fire. The toll so far: 27 lives, more than 1,800 homes, a … Read More

By Yilei Sun and Brenda Goh BEIJING/SHANGHAI (Reuters) – Automakers in China need to get used to a new normal of “low speed growth” in the world’s largest car market, … Read More

By Aftab Ahmed and Aditya Kalra NEW DELHI (Reuters) – Walmart Inc, the world’s largest retailer, has fired 56 of its executives in India as it restructures in the country. … Read More

By Devika Krishna Kumar and David French (Reuters) – In just 12 days, Occidental Petroleum Corp pulled off one of the biggest hedges against falling oil prices ever placed by … Read More

By Ryan Woo HEGANG, China (Reuters) – Li Hai is a nobody in China. But the 32-year-old ship mechanic became a minor internet sensation last month after posting a video … Read More