Category: World News
Reuters 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 MoreNvidia’s plans for sales to Huawei imperiled if U.S. tightens Huawei curbs-draft
Reuters Reuters exclusively reported that U.S. chipmaker Nvidia Corp’s plans to sell technology to China’s Huawei would be thwarted if the U.S. government proceeds with a proposal to further restrict shipments to the blacklisted company. The Biden administration has been considering limiting the items it authorizes U.S. companies to ship to Huawei, which was added…
Read MoreReuters was first to report that SoftBank’s Arm aims to raise at least $8 billion in U.S. IPO
Reuters Reuters was first to report that Arm Ltd, the British chip designer owned by Japan’s SoftBank Group Corp (9984.T), is seeking to raise at least $8 billion from what is expected to be a blockbuster U.S. stock market launch this year. Arm is expected to confidentially submit paperwork for its initial public offering in…
Read MoreReuters breaks news of China growth target
Reuters Reuters was 39 minutes ahead in breaking the news that China had set an economic growth target of around 5% for 2023 – an eagerly awaited number that ranks as one of the most important data points in global economics. The target for the world’s second-largest economy was at the low end of expectations,…
Read MoreRussia set to mothball damaged Nord Stream gas pipelines
Reuters Sources have exclusively told Reuters that Russia’s ruptured undersea Nord Stream gas pipelines are set to be sealed up and mothballed as there are no immediate plans to repair or reactivate them. Soaring tensions between Moscow and the West over Russia’s invasion of Ukraine had brought Nord Stream 1 to a standstill and prevented…
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