Today: September 30, 2024
Today: September 30, 2024

Latest From Reuters

Business|Economy

Anglo American shares slide on jitters over Australian coal mine fire

Shares in Anglo American slid as much as 4% on Monday, with investors worried over what impact an ongoing underground blaze at a coal mine in Australia could have on the miner's plan

Anglo American shares slide on jitters over Australian coal mine fire
Economy

UK house prices edged up in June, lender Nationwide says

British house prices showed a small gain in June from May but the impact of higher borrowing costs is still weighing on the property market, mortgage lender Nationwide said on Monday

UK house prices edged up in June, lender Nationwide says
Business|Economy

China refines financial stability law to strengthen risk prevention

China's new financial stability law draft bill improved provisions on financial risks prevention and control, according to draft revisions released on Monday.

China refines financial stability law to strengthen risk prevention
Business|Economy|Environment

Jefferies says Anglo American coal fire likely to affect met coal sale

A fire at Anglo American's Grosvenor metallurgical coal mine in Australia is likely to negatively affect its Australian met coal business, broker Jefferies said in a note on

Jefferies says Anglo American coal fire likely to affect met coal sale
Business|Economy

Airbus says to get $559 million compensation under Spirit Aero deal

Europe's Airbus on Monday set out the terms under which it plans to buy certain loss-making activities of Spirit AeroSystems as part of a planned wider break-up of the supplier

Airbus says to get $559 million compensation under Spirit Aero deal
Business|Economy

China's June new home prices rise at slowest pace in five months, survey shows

Prices of new homes in China climbed at their slowest pace in five months in June, a private survey showed on Monday, with a recent major government package of support measures for

China's June new home prices rise at slowest pace in five months, survey shows
Economy

Japan's land prices rise at fastest pace since 2010, tax agency says

Japan's land prices in 2023 rose at the fastest pace since comparable data available in 2010, the tax agency said on Monday, suggesting a recovery gathered pace helped by brisk

Japan's land prices rise at fastest pace since 2010, tax agency says
Business|Economy

BlackRock to buy UK data group Preqin for $3.2 billion

BlackRock has agreed to buy UK data firm Preqin for 2.55 billion pounds ($3.23 billion) in cash in a further expansion by the world's biggest asset management company into alternative

BlackRock to buy UK data group Preqin for $3.2 billion
Business|Economy

Australia job ads fall 2.2% in June, ANZ-Indeed data shows

Australian job advertisements fell for a fifth straight month in June, data showed on Monday, as labour demand continued to ease in the face of high interest rates and a slowing

Australia job ads fall 2.2% in June, ANZ-Indeed data shows
Business|Economy

South Korea June exports rise for ninth month but miss forecasts

South Korea's exports rose for a ninth consecutive month in June, albeit at a slower pace than expected, as robust demand for chips and cars bolstered the export

South Korea June exports rise for ninth month but miss forecasts
Business|Economy

Japan June factory activity unchanged amid higher costs, PMI shows

TOKYO - Japan's factory activity stayed unchanged in June, a private-sector survey showed on Monday, amid lacklustre demand and as companies struggled with rising costs due to the weak yen.

Japan June factory activity unchanged amid higher costs, PMI shows
Business|Economy

Property catastrophe reinsurance rates fall in July, report says

Global property catastrophe reinsurance rates ranged from being unchanged to falling by "mid- to high-single-digit" percentages in July, reinsurance broker Guy Carpenter said on

Property catastrophe reinsurance rates fall in July, report says
Economy

Japan downgrades Q1 GDP on construction data corrections

Japan's economy shrank more than initially reported in the first quarter, the government said in a rare unscheduled revision to gross domestic product (GDP) data on Monday, darkening

Japan downgrades Q1 GDP on construction data corrections
Business|Economy

Boeing agrees to buy Spirit Aero for $4.7 billion, sources say

Boeing agreed on Sunday to acquire Spirit AeroSystems for more than $4 billion, two people familiar with the matter said, ending months of talks

Boeing agrees to buy Spirit Aero for $4.7 billion, sources say
Business|Economy

Pakistan finance minister confident about new IMF programme

Pakistan's finance minister said on Sunday he was "very confident" his country would secure a new funding programme from the International Monetary Fund after the cash-strapped

Pakistan finance minister confident about new IMF programme
Business|Economy

Australia home prices keep climbing on tight supply

Australian home prices rose in June for a seventeenth straight month, as tight supply outweighed demand-side pressures of high interest rates, a cost of living squeeze and tight

Australia home prices keep climbing on tight supply
Business|Economy

Saudi Arabia's net foreign direct investment rises 5.6% in first quarter

Net foreign direct investment (FDI) inflows to Saudi Arabia rose 5.6% to 9.5 billion riyals ($2.53 billion) in the first quarter of 2024, government data showed on Sunday.

Saudi Arabia's net foreign direct investment rises 5.6% in first quarter
Business|Economy

China non-manufacturing expansion slows in June

China's non-manufacturing activity expanded at a much slower pace in June, an official survey showed on Sunday, as consumers remained wary of spending amid property downturn and

China non-manufacturing expansion slows in June
Business|Economy

Indonesia plans import duties on clothing, ceramics, minister says

Indonesia will impose safeguard duties of 100% to 200% on imports ranging from footwear to ceramics, reviving a plan to protect domestic industries, the trade minister said.

Indonesia plans import duties on clothing, ceramics, minister says
Economy|Education

World Bank approves $1.25 billion loans for the Philippines

The World Bank said on Saturday its board of executive directors has approved $1.25 billion in loans for the Philippines' education and public infrastructure sectors.

World Bank approves $1.25 billion loans for the Philippines
Business|Economy|Environment

Brazil agency nears decision amid Petrobras pressure to explore offshore Equatorial Margin

The head of Brazil's environmental agency said on Wednesday that he expects a decision soon on state-owned oil company Petrobras' request to conduct exploratory

Brazil agency nears decision amid Petrobras pressure to explore offshore Equatorial Margin
Business|Economy|Environment

Oil companies flare more natural gas, defying effort to eliminate practice

Oil companies around the world last year burned off the most natural gas in five years while also increasing the intensity of the highly polluting practice, a World Bank report found on

Oil companies flare more natural gas, defying effort to eliminate practice
Business|Economy

Norway's Schibsted to cut 250 jobs in cost drive

Norwegian online classified ads group Schibsted will cut around 250 jobs in the Nordic region as part of a restructuring plan to reduce costs and boost efficiency, the company said on

Norway's Schibsted to cut 250 jobs in cost drive
Business|Economy|Environment

Top four iron ore miners' carbon emissions reduction promises

Here are the carbon reduction targets and goals set out by the world's biggest four iron ore miners.

Top four iron ore miners' carbon emissions reduction promises
Business|Economy|Environment

RE100 corporate initiative calls on Japan to triple renewables capacity by 2035

RE100, a global corporate initiative to foster renewable power procurement, on Tuesday called on the Japanese government to take urgent and concrete steps to triple its renewable

RE100 corporate initiative calls on Japan to triple renewables capacity by 2035

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