Category: World News
Reuters Poll: Bank of Canada will stay put this year, rate cuts unlikely
Reuters In a recent poll, Reuters learned economists believe the Bank of Canada will keep its key interest rate steady at 4.5% through the end of the year. The post Reuters Poll: Bank of Canada will stay put this year, rate cuts unlikely appeared first on Reuters News Agency. https://www.reutersagency.com/en/reutersbest/article/reuters-poll-bank-of-canada-will-stay-put-this-year-rate-cuts-unlikely/
Read MoreRefiner Valero seeks US approval to import Venezuelan oil
Reuters Reuters exclusively reported that Valero Energy Corp (VLO.N), the second-largest U.S. oil refiner, is seeking Washington’s permission to import Venezuelan crude, hoping for a repeat of the approval granted to Chevron Corp (CVX.N) in November after a four-year ban. The post Refiner Valero seeks US approval to import Venezuelan oil appeared first on Reuters…
Read MoreReuters exclusively reported that India plans to extend fuel export curbs beyond March
Reuters Reuters exclusively reported that India intends to extend restrictions on the export of diesel and gasoline at the end of the month to ensure availability of refined fuels for the domestic market. The extension of rules may discourage some Indian refiners from buying Russian fuels for re-exports. The restrictions were introduced after private refiners,…
Read MoreIndia plans new security testing for smartphones, crackdown on pre-installed apps
Reuters Sources exclusively revealed to Reuters that India plans to force smartphone makers to allow removal of pre-installed apps and mandate screening of major operating system updates under proposed new security rules. The plan for new rules, details of which have not been previously reported, could extend launch timelines in the world’s No.2 smartphone market…
Read MoreReuters exclusively reported that Canada will not force Chinese investors to divest mining company stakes
Reuters Reuters exclusively reported that Canada will not force Chinese investors to sell their stakes in three of Canada’s biggest mining firms, Teck Resources, Ivanhoe Mines, and First Quantum Minerals. Canada’s Natural Resources Minister, Jonathan Wilkinson, told Reuters in an interview that any retrospective move will create policy uncertainty. In November, Canada forced three Chinese…
Read MoreInternational Women’s Day: Celebrity activists who have made a global impact
Fox News International Women’s Day (IWD) is a holiday which serves to both celebrate the achievements of women throughout history and call for accelerating women’s equality today. For centuries, women around the world have struggled to gain financial and political independence in patriarchal societies. The initiative emerged from women’s labor, suffrage and political movements in…
Read MoreExclusive Analysis: Biden’s clean energy factory jobs may elude U.S. union workers
Reuters A proprietary Reuters analysis took readers on a deep dive into President Joe Biden’s pledge to fight climate change and his promise to deliver millions of middle-class jobs with good wages to Americans with union membership cards. Still, a large majority of the $50 billion of investments announced so far in domestic manufacturing has…
Read MoreSri Lanka in talks to extend $1B Indian credit line as IMF deal looms
Reuters Sources exclusively revealed to Reuters that Sri Lanka is negotiating with India to extend a $1 billon credit line by a few months as the island nation tries to line up funds for the remainder of the year while the IMF looks prepared to approve a $2.9 billion loan. The extension talks come as…
Read MoreSnapchat kicks few children off app in Britain
Reuters Reuters exclusively reported that Snapchat (SNAP.N) is kicking dozens of children in Britain off its platform each month, compared with tens of thousands blocked by rival TikTok. Social media platforms, such as Meta’s (META.O) Instagram, ByteDance’s TikTok, and Snap Inc.’s Snapchat, require users to be at least 13 years old to protect the privacy…
Read MoreRussian crude oil heads to UAE as sanctions divert flows
Reuters Reuters exclusively revealed that the United Arab Emirates has been taking more cargoes of Russian crude oil, according to ship tracking data and trading sources, in another example of how Western sanctions on Russia have adjusted traditional energy trade flows. Russia has been selling both crude and refined products at discounted prices after international…
Read More