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REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsLONDON, Nov 27 (Reuters) - OPEC+ is looking at deepening oil production cuts despite its policy meeting being postponed to this Thursday amid a quota disagreement between some producers, an OPEC+ source said on Monday. An OPEC+ source said he expected there to be an option for a "collective further reduction" on Thursday, without providing details. OPEC+ sources earlier this month said the group was set to consider additional cuts. OPEC member Kuwait is committed to any decisions issued by OPEC, especially those that concern market quotas and oil production, the country's oil ministry said in a post on social media platform X. This will be followed at 1400 GMT by a meeting of the full policy-making group of OPEC+ ministers, the agenda showed.

Persons: Leonhard Foeger, Ahmad Ghaddar, Alex Lawler, Louise Heavens, Dmitry Zhdannikov, Christina Fincher Organizations: Organization, REUTERS, of, Petroleum, Reuters, OPEC, Thomson Locations: OPEC's, Vienna, Austria, OPEC, Russia, Kuwait, Saudi Arabia, Saudi

☆ Global bank ranking removes Unicredit and moves up UBS, China banks
▼ + stars: | 2023-11-27 | by ( ) www.reuters.com time to read: +1 min

Unicredit Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsZURICH, Nov 27 (Reuters) - The Financial Stability Board (FSB) on Monday removed Italy's UniCredit (CRDI.MI) from the list of global systemically important banks and moved three banks, including Switzerland's UBS (UBSG.S), up a bucket. UniCredit, which was the only lender in Italy among those deemed as being of global systemic importance by the FSB, had no comment. UBS moved up a bucket after earlier this year taking over Credit Suisse in the first merger of two systemically important banks. Agricultural Bank of China and China Construction Bank also moved up from bucket 1 to bucket 2.

Persons: Dado Ruvic, Italy's, Noele Illien, Giulio Piovaccari, Louise Heavens, Sharon Singleton Organizations: REUTERS, Rights, UBS, UniCredit, Credit Suisse, China's Bank of Communications, Agricultural Bank of, China Construction Bank, Thomson Locations: Italy, Agricultural Bank of China

☆ Most Gulf markets in the red on falling oil prices
▼ + stars: | 2023-11-26 | by ( Ateeq Shariff | ) www.reuters.com time to read: +1 min

A trader looks on near electronic boards showing stock market data at Bahrain Bourse after Joe Biden won the U.S. presidency, in Manama, Bahrain, November 8, 2020. REUTERS/Hamad I Mohammed/File Photo Acquire Licensing RightsNov 26 (Reuters) - Stock markets in the Gulf ended lower on Sunday in response to Friday's fall in oil prices, although the Saudi index bucked the trend to trade higher. Oil - a catalyst for the Gulf's financial markets - fell on Friday as the release of some hostages in Gaza reduced the geopolitical risk premium. Outside the Gulf, Egypt's blue-chip index (.EGX30) declined 0.8%, with top lender Commercial International Bank (COMI.CA) losing 2%. Saudi Arabia's benchmark index (.TASI) edged 0.1% higher, ending two sessions of losses, helped by a 1.2% rise in Elm Company (7203.SE).

Persons: Joe Biden, Hamad I Mohammed, Ateeq, Louise Heavens Organizations: Bahrain Bourse, U.S, REUTERS, Stock, Qatar Islamic Bank, Industries Qatar, Commercial International Bank, Elm Company, Thomson Locations: Bahrain, Manama, Saudi, Gaza, Qatar, OPEC, Saudi Arabia, Ateeq Shariff, Bengaluru

☆ UK's Sunak hails $37 billion investments before FDI summit
▼ + stars: | 2023-11-26 | by ( Alistair Smout | ) www.reuters.com time to read: +4 min

Australian funds IFM Investors and Aware Super will pump 10 billion pounds and 5 billion pounds, respectively, into projects ranging from infrastructure and energy transition to affordable housing, Sunak's Downing Street office said in a statement. Spanish power giant Iberdrola (IBE.MC) will add 7 billion pounds to its investment plans in Britain, which include transmission and distribution electricity networks, it said. France last year overtook Britain as the European country with the highest number of new FDI projects. French President Emmanuel Macron announced 13 billion euros ($14.18 billion)of investment commitments in his country at a similar FDI gathering in May. It wants to deal with one person," investment minister Dominic Johnson told Reuters ahead of Monday's event at Hampton Court.

Persons: Rishi Sunak, Ian Forsyth, Sunak's, Sunak, Emmanuel Macron, Stephen Schwarzman, David Solomon, Goldman Sachs, Jamie Dimon, JP Morgan Chase, Dominic Johnson, Jeremy Hunt, IFM, William Schomberg, Alistair Smout, Louise Heavens Organizations: Britain's, Nissan, IFM, Microsoft, Britain, Blackstone, Hampton Court, Thomson Locations: Sunderland, Britain, Spanish, Hampton, London, France, Germany, England, British

☆ Israeli-linked chemical tanker seized in Gulf of Aden, US official, vessel company say
▼ + stars: | 2023-11-26 | by ( Aziz El Yaakoubi | ) www.reuters.com time to read: +3 min

RIYADH, Nov 26 (Reuters) - Unidentified armed individuals have seized a tanker carrying a cargo of phosphoric acid in the Gulf of Aden on Sunday, the vessel's managing company and a U.S. defence official said. It followed a seizure of an Israeli-linked cargo ship by Yemen Houthis, allies of Iran, in the southern Red Sea last week. The group, which also fired ballistic missiles and armed drones at Israel, vowed to target more Israeli vessels. "U.S. and coalition forces are in the vicinity and we are closely monitoring the situation," the U.S. official said. Central Park, a small chemical tanker (19,998 metric tons), is managed by Zodiac Maritime Ltd, a London-headquartered international ship management company owned by Israel's Ofer family.

Persons: Yemen Houthis, Israel's Ofer, rampaged, Aziz El Yaakoubi, William Schomberg, David Goodman, Louise Heavens Organizations: Palestinian, Hamas, U.S, Zodiac Maritime, Liberian, Clumvez Shipping Inc, Britain's Maritime Trade Operations, Thomson Locations: RIYADH, Gulf, Aden, U.S, Central, Israel, Yemen, Iran, London, Somalia, Turkish, Tehran, Israeli, Gaza

☆ 'Vote of confidence': UK hails $37 billion of foreign investment
▼ + stars: | 2023-11-26 | by ( Alistair Smout | ) www.reuters.com time to read: +5 min

Australian funds IFM Investors and Aware Super will pump 10 billion pounds and 5 billion pounds, respectively, into projects ranging from infrastructure and energy transition to affordable housing, Sunak's Downing Street office said in a statement. It added that Spanish power giant Iberdrola (IBE.MC) would add 7 billion pounds to its investment plans in Britain, which include transmission and distribution electricity networks. France has overtaken Britain as the European country with the highest number of new FDI projects. President Emmanuel Macron announced 13 billion euros ($14 billion) of investment commitments in France at a similar FDI gathering in May. "It wants to deal with one person," investment minister Dominic Johnson told Reuters, adding ministers could then have "very strong, frank discussions with the international investment community about how we can make the environment more investable".

Persons: Rishi Sunak, Kemi Badenoch, Sunak's, Iberdrola, Sunak, Emmanuel Macron, Stephen Schwarzman, David Solomon, Goldman Sachs, Jamie Dimon, JP Morgan Chase, Amanda Blanc, Dominic Johnson, IFM, King Charles, William Schomberg, Alistair Smout, Louise Heavens, Mark Potter Organizations: British, Global Investment, Business, IFM, Microsoft, Blackstone, LBC, Nissan, Reuters, Thomson Locations: Hampton, East Molesey, Surrey, Britain, France, Germany, England, Buckingham

☆ Superb Sinner leads Italy to Davis Cup glory against Australia
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: +3 min

Italy's number one Sinner produced a devastating display to outclass a helpless De Minaur 6-3 6-0 after Matteo Arnaldi outlasted Alexei Popyrin in the first singles clash. "It helps a lot to play for the whole team and it's been an incredible feeling for all of us," Sinner said as Italy rejoiced at a first Davis Cup title since 1976 and only second ever. Lleyton Hewitt's Australia have now been beaten in the final in successive years having lost to Canada in 2022. Italy and Australia qualify automatically for the 16-nation Finals next year across four cities with the ITF announcing on Sunday that the Final Eight will again be hosted in Malaga. Reporting by Martyn Herman; additional reporting by Gavin Jones, editing by Louise Heavens and Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: deportes Martin, Australia's Alex de Minaur, Jon Nazca, Alex De Minaur, De, Matteo Arnaldi, Alexei Popyrin, Novak Djokovic, Djokovic, Miomir Kecmanovic, Lorenzo Sonego, Sinner, it's, Giorgia Meloni, Arnaldi, Filippo Volandri's, Popyrin, De Minaur, Minaur, Lleyton, Martyn Herman, Gavin Jones, Louise Heavens, Ken Ferris Organizations: Palacio, deportes, deportes Martin Carpena, Davis, REUTERS, Rights, Australia, Serbia, Djokovic, ITF, Thomson Locations: Australia, Italy, Malaga, Spain, Rights MALAGA, Saturday's, Serbia, Italian, Canada

☆ March against antisemitism draws 50,000 in London
▼ + stars: | 2023-11-26 | by ( Natalie Thomas | ) www.reuters.com time to read: +2 min

[1/4] Demonstrators march against the rise of antisemitism in the UK, during a temporary truce between the Palestinian Islamist group Hamas and Israel, in London, Britain November 26, 2023. REUTERS/Susannah Ireland Acquire Licensing RightsLONDON, Nov 26 (Reuters) - An estimated 50,000 demonstrators against antisemitism marched in London on Sunday to protest against a rise in hate crimes against Jews since the attack by Hamas militants on Israel in October and Israel's subsequent bombardment of Gaza. Protestors carried placards bearing the messages "Shoulder to shoulder with British Jews" and "Zero tolerance for antisemites." Organisers of the demonstration had asked Robinson not to attend because of the distress his presence was likely to cause. Police estimated 45,000 people marched in the demonstration on Saturday while it said 50,000 took part in Sunday's protest.

Persons: Susannah Ireland, Avraham El Hay, Kate Worth, Tommy Robinson, Robinson, Natalie Thomas, William Schomberg, Louise Heavens Organizations: Hamas, REUTERS, Palestinian, London's Metropolitan Police, Police, Cable Street, Thomson Locations: Palestinian, Israel, London, Britain, Gaza, London's

☆ Hamas seeks to extend truce with Israel with some conditions
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: 1 min

Nov 26 (Reuters) - Hamas announced in a statement on Sunday that it is seeking to extend its four-day truce with Israel should serious efforts be made to increase the number of Palestinian detainees released from Israel. Reporting by Nidal Al Mughrabi, Writing by Ahmed Tolba and Adam Makary, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Nidal Al Mughrabi, Ahmed Tolba, Adam Makary, Louise Heavens Organizations: Hamas, Thomson Locations: Israel

☆ March against antisemitism draws thousands in London
▼ + stars: | 2023-11-26 | by ( Natalie Thomas | ) www.reuters.com time to read: +2 min

[1/4] Demonstrators march against the rise of antisemitism in the UK, during a temporary truce between the Palestinian Islamist group Hamas and Israel, in London, Britain November 26, 2023. REUTERS/Susannah Ireland Acquire Licensing RightsLONDON, Nov 26 (Reuters) - Thousands of demonstrators against antisemitism marched in London on Sunday to protest against a rise in hate crimes against Jews since the attack by Hamas militants on Israel in October and Israel's subsequent bombardment of Gaza. Protestors carried placards bearing the messages "Shoulder to shoulder with British Jews" and "Zero tolerance for antisemites." Organisers of the demonstration had asked Robinson not to attend because of the distress his presence was likely to cause. Reporting by Natalie Thomas and William Schomberg, Editing by Louise HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Susannah Ireland, Avraham El Hay, Kate Worth, Tommy Robinson, Robinson, Natalie Thomas, William Schomberg, Louise Heavens Organizations: Hamas, REUTERS, Palestinian, London's Metropolitan Police, Police, Thomson Locations: Palestinian, Israel, London, Britain, Gaza, London's

[1/2] An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. Both contracts had their first weekly gain in five weeks as OPEC+ prepares for a meeting that will have output cuts high on the agenda after recent oil price declines on demand concerns and burgeoning supply, particularly from non-OPEC producers. OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels, three OPEC+ sources have told Reuters. "Fundamentals developments have been bearish with rising U.S. oil inventories," ANZ analysts said in a note. Analysts say oil demand growth could weaken to about 4% in the first half of 2024 as the property sector crunch weighs on diesel use.

Persons: John Kilduff, Tony Sycamore, Brent, Craig Erlam, Tina Teng, Paul Carsten, Natalie Grover, Colleen Howe, David Goodman, Louise Heavens, Marguerita Choy Organizations: REUTERS, U.S, Brent, West Texas, Organization of, Petroleum, Reuters, OANDA, ANZ, Petrobras, Thomson Locations: Zhoushan, Zhejiang province, China, Gaza, OPEC, Wednesday's, WTI, Israel, New York, Russia, U.S, London, Beijing

☆ HSBC apologises as thousands of UK customers locked out of digital banking
▼ + stars: | 2023-11-24 | by ( Lawrence White | ) www.reuters.com time to read: +2 min

A man speaks on a mobile phone in front of the head office of HSBC bank in Mumbai November 20, 2008. REUTERS/Arko Datta/File Photo Acquire Licensing RightsLONDON, Nov 24 (Reuters) - Thousands of HSBC (HSBA.L) customers in Britain on Friday reported they were unable to access some mobile and online banking services, the latest in a long-running series of such problems for British banks. "We’re working hard to restore HSBC UK’s Mobile and Online Banking service, including the authorising of online card purchases via the app," a spokesperson for the bank said. "We understand this is really frustrating for some of our customers, and we are really sorry for the inconvenience." "This HSBC outage will cause a real headache for a lot of its customers.

Persons: Arko Datta, Sam Richardson, Lawrence White, Hugh Lawson, Louise Heavens Organizations: HSBC, REUTERS, HSBC UK’s Mobile, Banking, Consumer, Bank of England, Thomson Locations: Mumbai, Britain

[1/3] Richard Teng, head of the Middle East and North Africa for crypto firm Binance gestures as he speaks during an interview with Reuters in Dubai, United Arab Emirates, March 30, 2022. Teng faces an especially tough task in transforming the culture of Binance, four of the people said. Still, leading a cultural shift at Binance - a firm shaped by Zhao in his own image - would be "hugely difficult," she said. For years it dominated the crypto market, but this year has rapidly lost market share. Last month it controlled 32% of crypto spot and 50% of derivatives trading, according to crypto firm CCData, down from 55% and 62% respectively in January.

Persons: Richard Teng, Abdel Hadi Ramahi, Teng, Changpeng Zhao, Janet Yellen, Binance, Carol Alexander, Zhao, Yi He, Binance's, Simon Matthews, Richard, Matthews, FinCEN, John Reed Stark, Rajeev Bamra, OKX, Joseph Edwards, Tom Wilson, Elizabeth Howcroft, Elisa Martinuzzi, Louise Heavens Organizations: Reuters, United Arab Emirates, REUTERS, U.S . Securities, Exchange Commission, SEC, U.S, Treasury, University of Sussex, Investors, Treasury's, Internet Enforcement, Singapore, Abu, Abu Dhabi Global, Singapore Exchange, Moody's Investors Service, Securities, Thomson Locations: East, North Africa, Dubai, United Arab, U.S, Abu Dhabi, France, Seychelles, London

☆ Signa unit files for insolvency as crisis at Benko's empire deepens -Spiegel
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +1 min

FRANKFURT, Nov 24 (Reuters) - Signa Real Estate Management Germany filed an official application for bankruptcy at the Berlin Charlottenburg district court, German magazine Spiegel reported on Friday, as the crisis at Rene Benko's property group deepens. Separately, Austrian newspaper Der Standard said a bankruptcy filing for Signa Group could come next Tuesday, citing a source. Meetings of Signa employees are planned for the same day, when employees will be given information about the insolvency and further steps, the paper reported. Signa Group declined to comment when contacted by Reuters. The Signa group has holdings of 27 billion euros ($28.8 billion) and 25 billion euros in development.

Persons: Spiegel, Rene Benko's, Benko, Signa, Emma, Victoria Farr, Matthias Inverardi, John O'Donnell, Elisa Martinuzzi, Louise Heavens Organizations: Estate Management, Signa, Reuters, Thomson Locations: FRANKFURT, Estate Management Germany, Berlin Charlottenburg, Austria, Germany, Europe's

☆ Collapsed Indian tunnel had no safety exit, was built through geological fault - panel member
▼ + stars: | 2023-11-24 | by ( Manoj Kumar | ) www.reuters.com time to read: +4 min

REUTERS/Rahul Grover Acquire Licensing RightsNEW DELHI, Nov 24 (Reuters) - A tunnel which collapsed, trapping 41 workers in the Indian Himalayas this month, did not have an emergency exit and was built through a geological fault, a member of a panel of experts investigating the disaster said on Friday. Rescuers are still struggling to reach the construction workers 12 days after the 4.5-km (3-mile) tunnel caved in. Preliminary findings indicated the collapse may have been caused by a geological fault, known as a "shear zone", a member of the panel told Reuters, speaking on condition of anonymity as he is not authorised to talk to the media. "Once the rescue operations are over, we will conduct detailed investigations to find out loopholes in the construction," the panel member said. The tunnel was being built by the state-run National Highways and Infrastructure Development Corporation which is under India's Ministry of Road Transport and Highways.

Persons: Rahul Grover, Vishal Chauhan, Narendra Modi's, Hemant Dhyani, Manoj Kumar, YP Rajesh, Andrew Heavens Organizations: Media, REUTERS, Highways, Infrastructure Development Corporation, India's Ministry of Road Transport, National Highways Authority of India, Supreme, Reuters, YP, Thomson Locations: Uttarkashi, Uttarakhand, India, DELHI

☆ Mixed emotions as first group of Israeli hostages return from Gaza
▼ + stars: | 2023-11-24 | by ( Ari Rabinovitch | ) www.reuters.com time to read: +3 min

"But I stress to you, the families, and to you, citizens of Israel: We are committed to bringing back all our hostages." As well as the Israeli hostages, 10 Thais and one Filipino, who were taken captive at the same time, were also freed under a separate agreement, Qatari mediators said. The military said the released hostages had undergone initial medical checks inside Israel and would be taken to hospitals where they would be reunited with their families. The rest of a group of at least 50 Israeli hostages due to be exchanged under a Qatari-brokered agreement are expected to be freed in the coming days and more hostages could be added if the truce deal is extended. The military campaign has killed around 14,000 Palestinians, according to medical authorities in Hamas-ruled Gaza and reduced much of Gaza to rubble.

Persons: Benjamin Netanyahu, Corinne Moshe, Adina Moshe, Al Qahera, Kibbutz Nir Oz, Israel's Kan, Erez, Shelly Shem Tov, Omer Shem Tov, Omer, Ari Rabinovitch, Henriette Chacar, Andrew Heavens, Hugh Lawson Organizations: Qatari, Reuters, Israel's, Thomson Locations: Gaza, Israel, Egypt

[1/4] Olympic and Paralympic track star Oscar Pistorius leaves court after appearing for the 2013 killing of his girlfriend Reeva Steenkamp in the North Gauteng High Court in Pretoria, South Africa, June 14, 2016. REUTERS/Siphiwe Sibeko/Files Acquire Licensing RightsJOHANNESBURG, Nov 24 (Reuters) - South African former Paralympic star Oscar Pistorius, jailed nine years ago for killing his girlfriend Reeva Steenkamp, was granted parole on Friday effective from Jan. 5. His total sentence was lengthened to six years in 2016, less than half the 15-year minimum term sought by prosecutors. In 2017, the Supreme Court more than doubled his total sentence to 13 years and five months, saying the six-year jail term was "shockingly lenient". Pistorius was denied parole in March after it was ruled that he had not completed the minimum detention period required to be considered for parole.

Persons: Oscar Pistorius, Reeva Steenkamp, Siphiwe, Pistorius, Steenkamp, Mr Pistorius, Rob Matthews, I'm, Oscar, Matthews, Bhargav Acharya, Tannur Anders, Nick Macfie, Toby Chopra, Andrew Heavens Organizations: North, North Gauteng High Court, REUTERS, Rights, Paralympic, Appeal, Department of Correctional Services, Pistorius, Rehabilitation, Constitutional, Thomson Locations: North Gauteng, Pretoria, South Africa, Rights JOHANNESBURG

☆ Jewish groups criticize Pope on 'terrorism' remark, seek clarification
▼ + stars: | 2023-11-23 | by ( Philip Pullella | ) www.reuters.com time to read: +3 min

Pope Francis speaks during the weekly general audience, at the Vatican, November 22, 2023. Vatican Media/Handout via REUTERS/File Photo Acquire Licensing RightsVATICAN CITY, Nov 23 (Reuters) - Jewish groups have criticised Pope Francis and demanded clarifications over his comments that they saw as accusing both Hamas and Israel of "terrorism". Francis made the comments on Wednesday after meeting separately with Jewish relatives of hostages held by Hamas and with Palestinians with family in Gaza. In a toughly worded statement on Thursday, the Council of the Assembly of Italian Rabbis (ARI) accused the pope of "publicly accusing both sides of terrorism". But the AJC added: "Later in the day, he described the Israel-Hamas war as 'beyond war' as 'terrorism.'

Persons: Pope Francis, Francis, Simon Wiesenthal, Cardinal Matteo Zuppi, Philip Pullella, Andrew Heavens Organizations: Vatican, Handout, REUTERS, CITY, Hamas, Gunmen, Twitter, American Jewish Committee, Simon, Simon Wiesenthal Center, Thomson Locations: Israel, Gaza, St, Hamas, U.S, Nazi Germany, Ukraine

☆ Mediator Qatar says truce in Gaza to start on Friday
▼ + stars: | 2023-11-23 | by ( Andrew Mills | ) www.reuters.com time to read: +2 min

Smoke rises after an Israeli air strike in north Gaza, as seen from southern Israel, amid the ongoing conflict between Israel and the Palestinian group Hamas, November 23, 2023. Israel has said the truce could last beyond the initial four days, as long as the militants free at least 10 hostages per day. Ansari did not give details on how many Palestinian women and children will be released from Israeli jails on Friday or when this would take place. Qatar hopes to negotiate a subsequent agreement to release additional hostages from Gaza by the fourth day of the truce. "We all hope that this truce will lead to a chance to start a wider work to achieve a permanent truce," he said.

Persons: Alexander Ermochenko, Majed Al, Ansari, Cross, Andrew Mills, Aziz El Yaakoubi, Alex Richardson, Andrew Heavens Organizations: Palestinian, Hamas, REUTERS, Rights DOHA, Doha, International Committee, Thomson Locations: Gaza, Israel, Doha, Qatar

"We all hope that this truce will lead to a chance to start a wider work to achieve a permanent truce." A U.S. State Department official called the truce a "hopeful moment" but said work would continue to free all the hostages. Israel had received an initial list of hostages to be freed and was in touch with families, the prime minister's office said. Hamas said 30 people had been killed in an Israeli strike on a school affiliated with the UNRWA in Jabalia. Israel says Hamas fighters use residential and other civilian buildings, including hospitals, as cover.

Persons: Majed Al, Ansari, Joe Biden, Abu Ubaida, Daniel Hagari, Israel, U.N, Philippe Lazzarini, Abu Mustafa, Neighbour Khaled Hamad, Gilad Korngold, Khan Younis, Nasser, Al Shifa, Muhammad Abu Salamiya, Peter Graff, Andrew Heavens, Deepa Babington, William Maclean, Mark Heinrich, Jonathan Oatis, Diane Craft Organizations: Gaza Hamas, UNRWA, Hamas, Qatari, Doha, U.S . State Department, West Bank, UNRWA's, REUTERS, Gaza, Reuters, Thomson Locations: Palestinian, Gaza, DOHA, GAZA, Israel, Qatar, Gaza City, Massachusetts, Nantucket, U.S, Rafah, Jabalia, Indonesian, Gaza's

REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsWASHINGTON/NEW DELHI, Nov 22 (Reuters) - The United States is treating a reported plot to kill a Sikh separatist on American soil with utmost seriousness and has raised the issue with the Indian government "at the senior-most levels," the White House said on Wednesday. The Financial Times reported, citing unnamed sources, that U.S. authorities thwarted a plot to kill a Sikh separatist in the United States and issued a warning to India over concerns the government in New Delhi was involved. It stated he threatened in video messages to not let Air India operate anywhere in the world. The case comes against the historical backdrop of a bombing in 1985 of an Air India aircraft flying from Canada to India that killed 329, and for which Sikh militants were blamed. Pannun told Reuters on Tuesday that his message was to "boycott Air India not bomb."

Persons: Joe Biden, Narendra Modi, Evelyn Hockstein, Gurpatwant Singh Pannun, Hardeep Singh Nijjar, Pannun, Adrienne Watson, Biden, Arindam Bagchi, Bagchi, Hardeep Singh, Shivam Patel, Krishn Kaushik, Jeff Mason, David Brunnstrom, Andrew Goudsward, Andrew Heavens, Alex Richardson, Alistair Bell Organizations: India's, White, REUTERS, WASHINGTON, Financial Times, Air India, Indian, Washington, FBI, U.S . Justice, India's National Investigation Agency, Sikh, Reuters, Air, Justice, Thomson Locations: Washington , U.S, DELHI, United States, India, New Delhi, Canada, Vancouver, U.S, New York, Air India

LONDON, Nov 22 (Reuters) - PetroIneos said on Wednesday it is preparing to shut down its Grangemouth oil refinery in Scotland to convert it into a fuels import terminal as it faces growing international competition. The 150,000 barrel per day refinery, Scotland's only oil refinery and one of six in Britain, is expected to continue operating until spring 2025, PetroIneos said in a statement. PetroIneos will soon start preparatory work to enable the future transformation of its Grangemouth refinery into a fuels import terminal, it said in a statement. The timescale for the shutdown is yet to be determined exactly but the preparatory work is expected to take around 18 months, with the refinery expected to continue operating until spring 2025. The plan includes converting the site of the refinery into a fuels import hub.

Persons: PetroIneos, Franck Demay, Ron Bousso, Louise Heavens, Jane Merriman Organizations: PetroIneos Refining, Grangemouth, Thomson Locations: Grangemouth, Scotland, Britain, Asia, Finnart, PetroChina, France

☆ Another Israel-Hamas prisoner swap will take place this month - Palestinian official
▼ + stars: | 2023-11-22 | by ( Samia Nakhoul | ) www.reuters.com time to read: +1 min

DUBAI, Nov 22 (Reuters) - The Israel-Hamas deal agreed on Wednesday for the freeing of 50 hostages held in Gaza in exchange for the release of 150 Palestinian prisoners will be repeated later this month, a Palestinian official told Reuters. The official, who spoke on condition of anonymity, said that would mean a total release of 100 of the around 240 people Hamas seized during its Oct. 7 killing spree in southern Israel. In return, Israel would free a total of 300 Palestinian prisoners in the two exchanges - a number corresponding to a list of women and teenaged male inmates it published on Wednesday as candidates. They would need four or five days to organise it will involve 50 Israeli (hostages) in return for 150 Palestinian (prisoners)," the Palestinian official said. He said the prisoners would include elderly, women and children and the conditions will be the same.

Persons: Israel, Samia Nakhoul, Andrew Heavens Organizations: Reuters, Palestinian, Hamas, Thomson Locations: DUBAI, Israel, Gaza

☆ U.S. thwarts plot to kill Sikh separatist, issues warning to India - FT
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsNEW DELHI, Nov 22 (Reuters) - U.S. authorities thwarted a plot to kill a Sikh separatist in the United States and issued a warning to India over concerns the government in New Delhi was involved, the Financial Times reported on Wednesday, citing unnamed sources. The Financial Times said that the sources did not say if the protest to India resulted in the plot being abandoned by the plotters, or if it was foiled by the Federal Bureau of Investigation (FBI). Apart from the diplomatic warning to India, U.S. federal prosecutors have also filed a sealed indictment against at least one suspect in a New York district court, the FT report said. Pannun, like Nijjar, is a proponent of a decades-long, but now a fringe demand to carve out an independent Sikh homeland from India named Khalistan. The Financial Times report mentioned that the U.S. shared details of the thwarted plot with a wider group of allies after Canada's public accusation.

Persons: Joe Biden, Narendra Modi, Evelyn Hockstein, Hardeep Singh Nijjar, Gurpatwant Singh Pannun, Pannun, Shivam Patel, Krishn Kaushik, Andrew Heavens, Alex Richardson Organizations: India's, White, REUTERS, Financial Times, U.S, Federal Bureau of Investigation, Indian, Khalistan, Reuters, Thomson Locations: Washington , U.S, DELHI, United States, India, New Delhi, Canada, Vancouver suburb, U.S, New York, Canadian

☆ Ex-Huawei handset maker Honor prepares IPO
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +1 min

People walk near a sign for Honor Magic Vs phone, during the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023. REUTERS/Nacho Doce/File Photo Acquire Licensing RightsSHENZHEN, China, Nov 22 (Reuters) - Handset maker Honor is preparing for an initial public offering, the company said on Wednesday, three years after it was sold by U.S. sanctions-hit Huawei Technologies. Honor was first in terms of handset shipments in China in the third quarter with 11.8 million units sold, and was the second biggest seller last year, research firm Canalys said. Huawei sold Honor to a consortium of more than 30 agents and dealers in November 2020 after the U.S restricted its access to technology essential to its handset business. Reporting by David Kirton Editing by Louise Heavens, Alexander Smith and Frances KerryOur Standards: The Thomson Reuters Trust Principles.

Persons: Magic, Nacho, Canalys, David Kirton, Louise Heavens, Alexander Smith, Frances Kerry Organizations: Congress, REUTERS, Rights, U.S, Huawei Technologies, Huawei, Counterpoint Research, Thomson Locations: Barcelona, Spain, Rights SHENZHEN, China, Europe, U.S, Washington

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