By Jan Schwartz and Emma-Victoria Farr HAMBURG/LONDON (Reuters) -Preliminary steps to list Porsche on the stock market are expected in […]
IKEA stores owner buys 49% stake in Swedish wind power projects
STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores worldwide, on Monday said it has agreed to buy […]
Sri Lanka’s president to cut spending in interim budget
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s president is set to slash expenditure when he presents an interim budget […]
Indonesia to shift $1.6 billion portion of fuel subsidy budget to welfare programmes
JAKARTA (Reuters) -Indonesia will reallocate 24.17 trillion rupiah ($1.62 billion), or nearly 5%, of its fuel subsidy budget to social […]
Explainer: Untangling the crisis in Libya
(Reuters) – Libya’s worst fighting for two years suddenly hit the capital, Tripoli, on Saturday. This explains what led to […]
China’s August factory activity likely shrank amid COVID flare-ups, property crisis – Reuters poll
BEIJING (Reuters) – China’s factory activity likely contracted again in August, a Reuters poll showed on Monday, as COVID flare-ups […]
Singapore says retail investors ‘irrationally oblivious’ to crypto risks, plans tougher rules
By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) -Singapore is planning to roll out new regulations that will make it […]
Fortescue posts 40% profit drop on weak iron ore prices, China slowdown
By Praveen Menon and Sameer Manekar (Reuters) -Australian miner Fortescue Metals Group Ltd said on Monday its annual profit fell […]
Australia PM focussed on workplace reform as he marks 100 days in office
SYDNEY (Reuters) – Australia’s Prime Minister Anthony Albanese said his government was focussed on jobs and workplace reform as the […]