DIRS.INFO The most relevant business & tech news

Container ships are berthed at PSA's Pasir Panjang Terminal in Singapore July 15, 2019. Global port congestion has reached an 18-month high, with 60% of ships waiting at anchor located in Asia, maritime data firm Linerlytica said this month. SEVERE CONGESTIONSingapore, the world's second-largest container port, has seen particularly severe congestion in recent weeks. "The peak season, which traditionally starts in June, was advanced by a full month, causing ocean freight rates to soar." Container freight prices from Asia to the U.S. and Europe have tripled since early 2024.

Persons: Edgar Su, Linerlytica, Yemen's, Jayendu Krishna, Drewry, PortCast, Niki Frank, Dimerco, Jonathan Gold, Judah Levine, Jared Bernstein, Gene Seroka, Peter Sand, Jeslyn Lerh, Lisa Baertlein, Lisa Barrington, Miyoung Kim, Kim Coghill Organizations: REUTERS, Retailers, Ships, Drewry Maritime Advisors, Singapore, Singapore's, Port Authority, Drewry, Keppel, Tuas, Maersk, DHL Global, Asia, Descartes, National Retail Federation, Container, U.S ., of Economic Advisers, U.S, DHL, Thomson Locations: Pasir Panjang, Singapore, SEOUL, SINGAPORE, Asia, Africa, Malaysia's Port Klang, Tanjung Pelepas, Shanghai, Qingdao, China, South Korea, U.S, Europe, U.S . East Coast, U.S . West, of Los Angeles, Los Angeles, Seoul

☆ France's Macron Says Proposed EU-Mercosur Agreement Is 'Very Bad Deal'
▼ + stars: | 2024-03-27 | by ( March | At P.M. | ) www.usnews.com time to read: +2 min

"As it is negotiated today, it is a very bad deal, for you and for us," Macron told businessmen in Sao Paulo while on a three-day trip to Latin America's largest economy, amid troubled talks over a free trade deal between the two economic blocs. "There is nothing that takes into consideration the subject of biodiversity and climate; nothing," Macron said. "Let's forge a new deal in light of our goals and reality, a trade deal that is responsible on development, climate and biodiversity." "It's true we lost an opportunity at the end of last year, but we should not give up on this deal." At upcoming G20 and COP summits in Brazil, Macron said he planned to push for more international standards to financially incentivize banks, firms and investors to decarbonize industrial processes and better preserve the environment.

Persons: Sarah Morland, Emmanuel Macron, Macron, Fernando Haddad, Haddad, Luiz Inacio Lula da Silva, Lula, Jair Bolsonaro, Eduardo Simoes, Jonathan Oatis, Kylie Madry, Kim Coghill Organizations: Reuters, European Union, South American Mercosur, Brazilian Finance Locations: Brazil, Sao Paulo, France, Africa, Mexico City

☆ Two Dead, Scores Injured After Police Open Fire in India's Manipur State
▼ + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

By Tora AgarwalaGUWAHATI, India (Reuters) - At least two people were killed and scores injured in India's northeastern Manipur state after security forces opened fire at a mob in Churachandpur district late on Thursday, a police official said, as sporadic violence continued in the region. Churachandpur, home to the Kuki-Zo community, was among the first areas in the state to witness ethnic clashes when violence first erupted in May. About 400 people stormed the district police chief's office at around 7.30 p.m. (1400 GMT), demanding the order be revoked. The official said about 25 people were injured, and were being treated in hospital. The Indigenous Tribal Leaders' Forum (ITLF), an apex tribal body, warned district police chief Shivanand Surve, who had issued the suspension order, to leave Churachandpur within the next 24 hours.

Persons: Tora Agarwala, Shivanand Surve, Sudipto Ganguly, Kim Coghill Organizations: Security, Authorities, Indigenous Tribal Leaders ' Locations: Tora Agarwala GUWAHATI, India, India's, Manipur, Churachandpur, Kuki, Myanmar

☆ Russia Downs 9 Ukraine-Launched Drones, RIA Agency Reports
▼ + stars: | 2024-02-13 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - Russia's air defence systems destroyed nine Ukraine-launched drones over Russia's Belgorod and Voronezh regions, as well as over the Black Sea, RIA state news agency reported on Wednesday, citing the Russian defence ministry. Two of the drones were downed over the Belgorod region and one over the Voronezh region, RIA reported. Vyacheslav Gladkov, governor of the Belgorod region, said on social media that one woman was hospitalised with injuries as a result of the attack. There was no information from Gladkov or the Russian defence ministry on potential damage. The Latest Photos From Ukraine View All 91 ImagesReuters was not able to independently verify the reports.

Persons: Vyacheslav Gladkov, Lidia Kelly, Kim Coghill Organizations: Reuters Locations: Ukraine, Belgorod, Voronezh, Russia's, Russia, Melbourne

☆ Israeli Military Says It Conducted 'Series of Strikes' on Southern Gaza That Have Concluded
▼ + stars: | 2024-02-11 | by ( Feb. | At P.M. | ) www.usnews.com time to read: 1 min

JERUSALEM (Reuters) - The Israeli military said on Monday it had conducted a "series of strikes" on southern Gaza that have now "concluded," without providing further details. Before previous assaults on Gaza cities, Israel's military has ordered civilians to leave without preparing any specific evacuation plan. Aid agencies say an assault on Rafah in the southern part of Gaza would be catastrophic. It is the last relatively safe place in an enclave devastated by Israel's military offensive. War in Israel and Gaza View All 206 Images(Reporting by Emily Rose, Nidal al-Mughrabi; Editing by Jamie Freed and Kim Coghill)

Persons: Emily Rose, Nidal, Jamie Freed, Kim Coghill Organizations: Local Locations: JERUSALEM, Gaza, Rafah, Israel

☆ UAE Says Mediation Efforts Led to Russia, Ukraine Swap of 100 Prisoners Each
▼ + stars: | 2024-02-09 | by ( Feb. | At A.M. | ) www.usnews.com time to read: 1 min

DUBAI (Reuters) - The United Arab Emirates said it succeeded in mediating the release of 100 Russian prisoners of war in exchange for 100 war prisoners from the Ukrainian side. Russia's Defence Ministry, in a post on the Telegram messaging app, noted the UAE's "humanitarian mediation", as did Ukrainian President Volodymyr Zelenskiy and the Ukrainian body overseeing exchanges of POWs. The UAE's foreign ministry said it is the third mediation effort between Russia and Ukraine this year adding that it is calling for diplomacy, dialogue, and de-escalation, state news agency WAM reported. (Reporting by Nayera Abdallah; Editing by Kim Coghill)War in Israel and Gaza View All 194 ImagesThe Latest Photos From Ukraine View All 91 Images

Persons: Volodymyr Zelenskiy, WAM, Nayera Abdallah, Kim Coghill Organizations: Reuters, United Arab, Russia's Defence Ministry Locations: DUBAI, United Arab Emirates, Ukrainian, Russia, Ukraine, Israel, Gaza

☆ India Interior Ministry Recommends Suspending Free Movement With Myanmar
▼ + stars: | 2024-02-08 | by ( Feb. | At A.M. | ) www.usnews.com time to read: 1 min

NEW DELHI (Reuters) - India's interior ministry has recommended the immediate suspension of its free movement regime with Myanmar, Interior Minister Amit Shah said on Thursday. The free movement regime allows people from both countries to travel visa-free across borders for a few kilometres. Since a military coup in Myanmar in 2021, hundreds of civilians and troops have fled to Indian states where communities between the two countries share ethnic and familial ties. This has worried New Delhi because of risks of tensions spreading to India. (Reporting by Bansari Mayur Kamdar in New Delhi; Editing by Kim Coghill and Himani Sarkar)

Persons: Amit Shah, Bansari Mayur, Kim Coghill, Himani Sarkar Locations: DELHI, Myanmar, Indian, New Delhi, India

☆ Russia Launches Missile Attack on Kyiv, Other Ukrainian Cities -Ukraine's Air Force
▼ + stars: | 2024-02-07 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +1 min

KYIV (Reuters) - Russia launched a missile strike on Kyiv and other Ukrainian cities during Wednesday morning rush hours, Ukraine's Air Force said, with several blasts heard in the country's capital when air defence systems were engaged in repelling the attack. The loud blasts were heard in Kyiv just before 7 a.m. (0500 GMT), Reuters' witnesses reported. Kyiv's Mayor Vitali Klitschko said on the Telegram messaging app that air defence systems were engaged. All of Ukraine was under an air raid alert, starting at around 6 a.m., with Ukraine's Air Force warning on Telegram of a risk of a Russian missile attack. Oleh Sinehubov, governor of the Kharkiv region in Ukraine's northeast, said Russian missiles struck non-residential infrastructure in Kharkiv city, the administrative centre of the region.

Persons: Vitali Klitschko, Oleh Sinehubov, Pavel Polityuk, Lidia Kelly, Kim Coghill, Tom Hogue Organizations: Ukraine's Air Force, Kyiv's Locations: Russia, Kyiv, Ukraine, Russian, Kharkiv, Ukraine's, Kharkiv city, Melbourne

☆ Police Fire Tear Gas as Hundreds Protest Government in Haiti
▼ + stars: | 2024-02-05 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

National police used tear gas to disperse protesters, who set fire to car tires, filling streets with clouds of gray smoke. Henry assumed power shortly after the assassination of the country's last president, Jovenel Moise, in 2021. "We are not here today to wage a war against Ariel Henry to replace him with someone else. We are here today to wage a war against the system." The head of the Human Rights Watch earlier this year estimated some 300,000 people are internally displaced due to the violence.

Persons: Ariel Henry, Henry, Jovenel Moise, Dominique Thelemaque, Steven Aristil, Sarah Morland, Kim Coghill Organizations: PORT, Reuters, Human Rights Watch, United Nations

☆ Australia's New South Wales State Premier Condemns Neo-Nazi Rally
▼ + stars: | 2024-01-28 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

SYDNEY (Reuters) - The premier of Australia's New South Wales state condemned on Sunday a neo-Nazi rally in the state capital Sydney as "appalling", a day after Prime Minister Anthony Albanese said neo-Nazism was on the rise in the country. "Police are meeting these obnoxious and appalling racists head-on in New South Wales streets," Premier Chris Minns told reporters in Sydney, describing the event as a "neo-Nazi demonstration". The prime minister said Australia had seen a rise in neo-Nazism, which was condemned "by all decent people". At the time, the centre-left Labor government said the laws sent a clear message there was no place in Australia for those who glorify the Holocaust or terrorist acts. (Reporting by Sam McKeith in Sydney; Editing by Kim Coghill)

Persons: Anthony Albanese, Chris Minns, Albanese, Sam McKeith, Kim Coghill Organizations: SYDNEY, Australia's, Nazi, Police, Labor Locations: Australia's New South Wales, Sydney, New South Wales, Australia, Israel, Gaza

☆ North Korea Fired Multiple Cruise Missiles off East Coast
▼ + stars: | 2024-01-27 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

By Hyonhee ShinSEOUL (Reuters) -North Korea fired multiple cruise missiles off its east coast on Sunday, its second such launch in less than a week, South Korea's Joint Chiefs of Staff (JCS) said. "While strengthening surveillance and vigilance, our military is cooperating closely with the United States and monitoring additional signs and activities from North Korea," it said in a statement. The latest launches came days after North Korea fired what it called a new strategic cruise missile called "Pulhwasal-3-31", suggesting it is nuclear capable. North Korea is stepping up confrontation with the United States and its allies, but officials in Washington and Seoul say they have spotted no signs Pyongyang intends to take imminent military action. North Korea carried out its first test of a cruise missile with possible nuclear strike capabilities in September 2021.

Persons: Shin, Kim Jong, KCNA, Hyonhee Shin, Kim Coghill Organizations: Korea's, Chiefs of Staff, South Korean, North, South Locations: Shin SEOUL, North Korea, United States, Washington, Seoul, Pyongyang, Russia, South Korea, North

☆ Taiwan President-Elect Says He Hopes for Continued Firm US Support
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

TAIPEI (Reuters) -Taiwan president-elect Lai Ching-te said on Thursday he hopes that the United States can continue to firmly support Taiwan, as he met the first group of U.S. lawmakers to visit Taipei since he won an election earlier this month. "I also hope that the two co-chairs and our friends in the U.S. Congress can continue to support Taiwan in bolstering its self-defence capabilities." Diaz-Balart told Lai his main message was that U.S. support for Taiwan was firm, real and "100% bipartisan". "Rest assured that you have the support of the United States Congress," he said. China has repeatedly warned the United States to stop its support for Taiwan and the issue is a constant irritant in Sino-U.S. relations.

Persons: Lai Ching, Lai, Mario Diaz, Ami Bera, Diaz, Balart, Tsai Ing, Joe Biden, Ben Blanchard, Kim Coghill, Michael Perry, Raju Gopalakrishnan Organizations: Democratic Progressive Party, U.S . House, Representatives Taiwan Caucus, Republican, Balart, Democratic, ., U.S, Congress, United States Congress Locations: TAIPEI, Taiwan, United States, U.S, Taipei, China

☆ US Says It Shot Down Anti-Ship Cruise Missile From Houthi-Controlled Areas
▼ + stars: | 2024-01-14 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

WASHINGTON (Reuters) - U.S. fighter aircraft shot down an anti-ship cruise missile fired from Houthi militant areas of Yemen toward a U.S. destroyer operating in the Southern Red Sea, the U.S. military said on Sunday. The midair interception is the latest incident in the Red Sea where the Houthis have been attacking international shipping in what they say is a campaign to support Palestinians under seige from Israeli forces in Gaza. It follows a series of American and British airstrikes on Houthi targets in Yemen that have drawn threats of a "strong" response from the Iranian-backed militia. Earlier on Sunday, the Houthis complained that U.S. aircraft were observed flying close to Yemeni airspace and coastal areas. Houthi spokesman Mohammed Abdulsalam described the activity by "enemy" aircraft as a blatant violation of national sovereignty.

Persons: CENTCOM, Mohammed Abdulsalam, Natalia Olivia, Chandni Shah, Raphael Satter, Kim Coghill, Neil Fullick Organizations: WASHINGTON, U.S, British, U.S . Central Command, Reuters, Hamas Locations: Yemen, U.S, Gaza, Yemen's, Hodeidah, Yemeni, Israel, Tehran, Akrotiri, Cyprus, Palestine, Bengaluru

☆ FBI chief to urge Senate panel to renew US global surveillance power
▼ + stars: | 2023-12-05 | by ( Andrew Goudsward | ) www.reuters.com time to read: +2 min

FBI Director Christopher Wray attends a House Homeland Security Committee hearing examining worldwide threats to the U.S., on Capitol Hill in Washington, U.S., November 15, 2023. “Stripping the FBI of its 702 authorities would be a form of unilateral disarmament,” Wray will tell the Democratic-led Senate Judiciary Committee during an oversight hearing, according to excerpts of his testimony released by the FBI. A bipartisan team of U.S. lawmakers introduced legislation last month to impose new limits on searches of Americans' communications and prohibit so-called "backdoor" searches which invoke foreign intelligence justifications to spy on Americans. Wray plans to tell the Senate panel that the FBI will be “good stewards of our authorities,” citing reforms he said the FBI has already made in response to criticism of law enforcement’s use of the law. Reporting by Andrew Goudsward Editing by Don Durfee and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Christopher Wray, Elizabeth Frantz, ” Wray, Wray, Donald Trump, Joe Biden’s, Hunter, Andrew Goudsward, Don Durfee, Kim Coghill Organizations: Homeland Security, Capitol, REUTERS, Rights, Foreign Intelligence, Democratic, FBI, U.S, U.S . Capitol, Thomson Locations: U.S, Washington , U.S, United States, Iran, China

SINGAPORE, Dec 5 (Reuters) - Asian stocks slipped to three-week lows on Tuesday while bonds and the dollar steadied as investors tempered expectations for cuts to U.S. interest rates and waited on U.S. jobs data. The Australian dollar fell 0.5% after the central bank left interest rates on hold, as expected, and emphasised that the future direction rates would depend on data. Japan's Nikkei (.N225) was dragged 1% lower to a three-week trough, mostly thanks to falling chipmaking stocks. Treasuries had come under a little pressure overnight as traders calibrated pretty aggressive pricing for U.S. interest rate cuts. The Reserve Bank of Australia left interest rates on hold and said, as it had a month ago, that future rate settings would depend on data.

Persons: Treasuries, Kim Coghill Organizations: Japan's Nikkei, ANZ, New, Reserve Bank of Australia, Brent, U.S . Department of Agriculture, Thomson Locations: SINGAPORE, Asia, Pacific, Japan, Hong Kong, New Zealand, Tokyo, China

☆ Moody's cuts China credit outlook, citing lower growth, property risks
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: +5 min

[1/2] A Chinese national flag flutters at the headquarters of a commercial bank on a financial street near the headquarters of the People's Bank of China, China's central bank, in central Beijing November 24, 2014. "The outlook change also reflects the increased risks related to structurally and persistently lower medium-term economic growth and the ongoing downsizing of the property sector," Moody's said. "Moody's concerns about China's economic growth prospects, fiscal sustainability and other aspects are unnecessary," the ministry said. STRUGGLING FOR TRACTIONMost analysts believe China's growth is on track to hit the government's target of around 5% this year, but that compares with a COVID-weakened 2022 and activity is highly uneven. Analysts widely agree that China's growth is downshifting from breakneck expansion in the past few decades.

Persons: Kim Kyung, Moody's, Ken Cheung, Pan Gongsheng, COVID, Goldman Sachs, Gnaneshwar Rajan, Kevin Yao, Tom Hogue, Kim Coghill Organizations: People's Bank of China, REUTERS, Mizuho Bank, Economic Work Conference, Fitch, China's Finance Ministry, International Monetary Fund, Thomson Locations: Beijing, Hong Kong, China, outflows, Bengaluru

☆ Foxconn resumes iPhone assembly at Indian facility after weather disruptions
▼ + stars: | 2023-12-05 | by ( ) www.reuters.com time to read: 1 min

Foxconn logo is seen in this illustration taken, May 2, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBENGALURU, Dec 5 (Reuters) - Taiwan's Foxconn (2317.TW) resumed operations on Tuesday at its Indian facility that makes Apple (AAPL.O) iPhones following weather disruptions, two sources familiar with the matter said. Foxconn and Pegatron (4938.TW) had on Monday halted production of iPhones at their factories near Chennai because of heavy rain as a severe cyclone neared, Reuters had reported. Foxconn declined to a request for comment, while Apple did not respond. Reporting by Munsif Vengattil in Bengaluru; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Foxconn, Munsif, Kim Coghill Organizations: REUTERS, Rights, TW, Reuters, Apple, Thomson Locations: Chennai, Bengaluru

☆ COP28: UAE signs deal with Bill Gates' nuclear company on advanced reactors
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Thomas Mukoya Acquire Licensing RightsDUBAI, Dec 4 (Reuters) - Bill Gates' advanced nuclear reactor company TerraPower LLC and the United Arab Emirates’ state owned nuclear company ENEC said on Monday they have agreed to study the potential development of advanced reactors in the UAE and abroad. “For the UAE, we're looking for a future for the clean electrons and molecules that will be brought to reality by advanced reactors,” said Mohamed Al Hammadi, CEO of ENEC, during the signing ceremony. "Bringing advanced nuclear technologies to market is critical to meeting global decarbonization targets," said TerraPower President and CEO Chris Levesque. The UAE currently has one traditional nuclear power plant, near Abu Dhabi, which began producing electricity in 2020. The MOU between TerraPower and the UAE said they would explore uses for advanced nuclear reactors such storing power on the grid and providing the energy needed to produce hydrogen, and decarbonize coal, steel and aluminum plants.

Persons: Bill Gates, Thomas Mukoya, ENEC, ”, Mohamed Al Hammadi, Chris Levesque, TerraPower, Richard Valdmanis, Kim Coghill Organizations: Microsoft, United Nations, Change, United Arab Emirates, REUTERS, Rights, TerraPower, United, UAE, The UAE, Thomson Locations: Dubai, United Arab, UAE, Abu Dhabi, U.S ., Wyoming, TerraPower, Russia, TerraPower's Wyoming, Ukraine, United States

☆ Thai Bus Accident Kills 14, More Than 20 Injured
▼ + stars: | 2023-12-04 | by ( Dec. | At P.M. | ) www.usnews.com time to read: 1 min

BANGKOK (Reuters) - A bus lost control and crashed into a tree in Thailand, killing 14 passengers and injuring more than 20, the state-owned Transport Company said in a statement on Tuesday. The accident occurred in country's western province of Prachuap Khiri Khan at half past midnight. The bus's front was split in half after the crash, according to state broadcaster ThaiPBS. Rescuers were seen pulling passengers out from the wreckage. "All those injured are being treated at hospital," the statement said, adding that an investigation on the causes of the accident was being carried out.

Persons: Prachuap Khiri Khan, Chayut Setboonsarng, Kim Coghill Organizations: Transport Company, ThaiPBS Locations: BANGKOK, Thailand, country's, Prachuap

☆ Russia launches 23 drones, cruise missiles overnight on Ukraine - Ukraine's Air Force
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: 1 min

Dec 4 (Reuters) - Russia launched 23 drones and a cruise missile overnight on Ukraine, Ukraine's air force said on Monday, adding that its air defence systems destroyed the missile and 18 of the drones before they reached their targets. Anti-aircraft defense was deployed in at least 9 regions of Ukraine, the air force said on the Telegram messaging app. Reuters could not independently verify the report. The air force did not provide details on what happened to the drones that were not destroyed or whether there was any damage in result of the attack. Reporting by Lidia Kelly in Melbourne; Editing by Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

Persons: Lidia Kelly, Kim Coghill Organizations: Reuters, Thomson Locations: Russia, Ukraine, Melbourne

[1/4] The company logo is seen on the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China September 26, 2021. REUTERS/Aly Song/File Photo Acquire Licensing RightsHONG KONG, Dec 4 (Reuters) - A court hearing into a liquidation petition filed against China Evergrande Group (3333.HK) was adjourned in a Hong Kong court to next month, allowing more time to finalise a debt restructuring proposal in a major relief for the embattled developer. On Oct. 29, when adjourning the hearing to Monday, Hong Kong High Court Justice Linda Chan had said the next hearing would be the last before a decision was made on liquidating Evergrande. Evergrande last week scrambled to put together a revised restructuring plan to avoid a possible liquidation order. The creditors were opposed to the latest restructuring plan and will seek liquidation if the terms do not change, said the advisor.

Persons: Aly, Jan, Linda Chan, Evergrande, Hui Ka Yan, Clare Jim, Sumeet Chatterjee, Kim Coghill, Christopher Cushing Organizations: China Evergrande Group, REUTERS, China Evergrande, HK, Hong, Hong Kong High, Moelis, Authorities, Thomson Locations: China, Shenzhen, Guangdong province, HONG KONG, Hong Kong, Evergrande, destabilised

☆ United States condemns 'horrific terrorist attack' in southern Philippines
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +1 min

Lanao Del Sur Provincial Government/Handout via REUTERS/File Photo Acquire Licensing RightsMANILA, Dec 4 (Reuters) - The United States condemned the "horrific terrorist attack" during a Catholic Mass at a university in southern Philippines that killed at least four people and injured dozens, the State Department said on Sunday. The United States is in close contact with its Philippine partners and stands with Filipinos in rejecting the act of violence, it said in a statement. "We continue patrols and security in schools is tighter," Major Alinaid Moner, spokesperson of the Lanao del Sur police office, told News5 radio station on Monday. Mindanao State University (MSU) is continuing operations as it is the period for final exams, Moner said. Philippines President Ferdinand Marcos Jr and security officials said on Sunday the crime was perpetrated by "foreign terrorists".

Persons: Mamintal Adiong, Alinaid Moner, Moner, Ferdinand Marcos Jr, Neil Jerome Morales, Karen Lema, Kim Coghill, Christopher Cushing Organizations: Mindanao State University, REUTERS, Rights, State Department, MSU, Islamic State, Thomson Locations: Lanao Del Sur, Marawi, Philippines, Lanao Del Sur Provincial Government, Rights MANILA, United States, Lanao del Sur

☆ China willing to continue strengthening cooperation with Belarus -state media
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +1 min

Chinese President Xi Jinping and Belarusian President Alexander Lukashenko review the honour guard during a welcome ceremony at the Great Hall of the People in Beijing, China March 1, 2023. cnsphoto via REUTERS/File photo Acquire Licensing RightsBEIJING, Dec 4 (Reuters) - China is willing to continue strengthening its strategic cooperation with Belarus, President Xi Jinping was cited as saying after meeting with Belarusian President Alexander Lukashenko on Monday. Xi also said China is willing to enhance coordination and cooperation with Belarus in multilateral mechanisms such as the United Nations and the Shanghai Cooperation Organisation, the official news agency Xinhua said. Xi told Lukashenko that both countries should improve cross-border transport facilitation and promote economic and trade ties as well as people-to-people exchanges, according to Xinhua. The Chinese leader also said Beijing and the Eastern European country should implement projects such as the China-Belarus industrial park and promote industrial cooperation. Reporting by Ella Cao and Liz Lee; Editing by Kim Coghill and Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Xi Jinping, Alexander Lukashenko, Xi, Lukashenko, Ella Cao, Liz Lee, Kim Coghill, Jamie Freed Organizations: of, People, cnsphoto, REUTERS, Rights, United Nations, Shanghai Cooperation Organisation, Xinhua, Thomson Locations: Beijing, China, Rights BEIJING, Belarus, Xinhua

☆ Tech giants lead surge in global mega-caps as inflation eases
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +2 min

Apple Inc's (AAPL.O) market value jumped 11.2% to $2.95 trillion over the past month, while Microsoft Corp (MSFT.O) saw a 12.1% increase in its market cap, reaching $2.8 trillion. Reuters Graphics Reuters GraphicsNvidia Corp's (NVDA.O) market cap soared 14.7% to $1.15 trillion, following its announcement of a 206% year-over-year revenue increase to $18.1 billion in the third quarter. JPMorgan Chase & Co (JPM.N) saw its market cap increase by 12.2% to $451 billion by the end of November. In other sectors, Tesla Inc's (TSLA.O) market value rose nearly 20% to $763.2 billion last month, following a price hike for its Model 3 and Y vehicles in China. Saudi Arabian Oil Co (2222.SE) and Exxon Mobil Corp (XOM.N) saw market caps fall by 0.3% and 2.9%, respectively.

Persons: Mike Segar, Tesla, Patturaja Murugaboopathy, Gaurav Dogra, Kim Coghill Organizations: Apple Inc, Apple, REUTERS, Microsoft Corp, Reuters Graphics Reuters, Nvidia, JPMorgan Chase &, Rho, Saudi Arabian Oil Co, Exxon Mobil Corp, Thomson Locations: Manhattan , New York, U.S, China, Saudi, Bengaluru

☆ Oil prices set for sixth straight weekly fall as OPEC+ cuts underwhelm
▼ + stars: | 2023-12-01 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Tatiana Meel/File Photo Acquire Licensing RightsDec 1 (Reuters) - Oil prices extended losses on Friday, and looked set for a sixth straight week of declines, as voluntary oil output cuts agreed by OPEC+ producers fell short of market expectations. Saudi Arabia, Russia and other members of OPEC+ agreed to voluntary output reduction of 900,000 bpd in addition to extending 1.3 million bpd in production cuts already in place. Delegates had earlier discussed as much as 2 million bpd in new output curbs. Goldman Sachs said its December forecast for Brent was "moderately tilted" to the downside of its previously estimated range, calling the oil producers' move a "temporary response," and "difficult to implement." Separately, Brazil said on Thursday it would join the OPEC+ next year, though such a move wouldn't bind the south America's largest country to production cuts.

Persons: Tatiana Meel, Brent, Goldman Sachs, Goldman, Laura Sanicola, Stephen Coates, Kim Coghill Organizations: REUTERS, OPEC, Brent, . West Texas, Thomson Locations: Nakhodka, Russia, Saudi Arabia, UAE, Iraq, Kuwait, Kazakhstan, Algeria, Brazil, OPEC

Search resuls for: "Kim Coghill"

25 mentions found