UK lags behind peers for growth, investment and trade Many economists say Brexit contributes to underperformance Polls show Britons increasingly regret leaving the EU Pro-Brexit economist Lyons: UK problems have long roots LONDON, Jan 31 (Reuters) – Three years after its departure from the European Union, Britain is yet to benefit from the Brexit dividend … Read more
BRASILIA, Jan 16 (Reuters) – With a Brazil flag draped around his neck and his feet propped up on a dark wooden table, Samuel Faria leaned back in the Brazilian Senate president’s ceremonial chair which he had just commanded and surveyed the chaos on the lawn. outside. “It’s kicking off out there,” he said, watching … Read more
New curbs for South Korea, Japan nationals transiting China China says visa suspensions for South Korea, Japan “reasonable” Escalating diplomatic spat may complicate economic relations Social media users lash out at South Korea’s “insulting” COVID curbs BEIJING, Jan 11 (Reuters) – China introduced transit curbs for South Korean and Japanese nationals on Wednesday, in an … Read more
Some 400 jets worth $10 billion stranded by war $644 mln offered for 17 Aeroflot aircraft – letter Russian plan would use its National Wealth Fund Required EU approval not yet forthcoming -sources DUBLIN/LONDON, Dec 22 (Reuters) – Russian airlines have held exploratory talks with at least one major Western leasing firm about using state … Read more
German, Chinese and S. Koreans head to Hungary They dominate auto investment and subsidies Orban’s Hungary keen to court foreign business BERLIN/BUDAPEST, Dec 13 (Reuters) – German automakers and Asian battery suppliers are getting together in Hungary in a multi-billion-dollar marriage of convenience to drive their electric ambitions. The companies are flocking to central Europe, … Read more
China’s worst exports since Feb. 2020, miss forecast Imports fell steepest since May 2020 on sluggish demand Global economic slowdown, China’s COVID woes heap pressure Politburo meeting points to domestic demand key driver in 2023, analyst says BEIJING, Dec 7 (Reuters) – China’s exports and imports shrank at their steepest pace in at least 2-1/2 … Read more
Dec 2 (Reuters) – Elon Musk’s Twitter is leaning heavily on automation to moderate content, doing away with certain manual reviews and favoring restrictions on distribution rather than removing certain speech outright, its new head of trust and safety told Reuters. Twitter is also more aggressively restricting abuse-prone hashtags and search results in areas including … Read more
HOUSTON, Nov 28 (Reuters) – Chevron Corp (CVX.N) aims to start receiving cargoes of Venezuelan oil as early as December after the oil company last week received a US license to do so, but Caracas may not be as eager because US sanctions restrict payments, people familiar with the said matter. The United States on … Read more
PARIS, Nov 29 (Reuters) – French power giant EDF (EDF.PA) is looking to recruit a new generation of welders, pipe-fitters and boiler makers to fix its aging nuclear reactors and build more of them, as Europe’s energy crisis rekindles. the allure of atomic power. The problem is that in France such skilled workers are in … Read more
Agency says Qatar hotel group demanded new payments Some rates reduced, but many properties are empty Broker says some landlords sought unrealistic rents DOHA, Nov 25 (Reuters) – Qatar has found itself with an unexpected glut of rooms in the World Cup’s busy group stage, with online portals showing rooms in at least 42 hotels … Read more