By Kylie Madry SANTA LUCIA, Mexico (Reuters) – Logistics giant DHL will double its planned investment in Mexico through 2024, executives said on Tuesday, as it shifts cargo flights from the capital’s closest airport to a new, distant facility backed by the country’s president. The company will invest $600 million in Mexico through next year, …
DHL to boost Mexican investment after cargo flights move Read More »
TAIPEI (Reuters) – Taiwan’s defence ministry said on Wednesday it had spotted 19 Chinese air force planes in its air defence zone in the past 24 hours, part of what Taipei calls regular harassment by Beijing. Taiwan, which China views as its own territory, has complained for the past three years or so of stepped …
Taiwan reports 19 Chinese air force planes in its air defence zone Read More »
MANILA (Reuters) – The Philippine government posted a budget deficit of 1.6 trillion pesos ($29 billion) for 2022, with the gap in December hitting 378.4 billion pesos, the Bureau of the Treasury said in a statement on Wednesday. The 2022 gap was 3.4% lower than the 2021 shortfall and within the 1.7 trillion pesos programme …
Philippines posts $29 billion budget deficit for 2022, within target Read More »
ATHENS (Reuters) – Twenty-six people were killed and scores more were injured after two trains collided in Greece late on Tuesday, fire brigade spokesperson Vassilis Varthakogiannis said in a briefing. (Reporting by Karolina Tagaris; Editing by Edmund Klamann)
CAIRO (Reuters) – Three journalists from Egypt’s most prominent independent news outlet, Mada Masr, have been referred to trial on charges of offending members of parliament from a pro-government party and misusing media channels, the news organisation said on Tuesday. If convicted, the three reporters, all women, could face from six months to two years …
Reporters from independent Egyptian news outlet referred to trial Read More »
(Reuters) – Linda Kasabian, a follower of Charles Manson who served as a star witness for the prosecution in the famed Manson Family murder trial in 1970, has died at 73, the New York Times reported. The Times, which cited a notice in the Tacoma News Tribune, said the cause of death had not been …
Manson family follower Linda Kasabian, key witness at trial, dies at 73 -NYT Read More »
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -Goldman Sachs Group Inc’s Chief Executive David Solomon told investors on Tuesday the bank is considering “strategic alternatives” for its consumer arm, raising prospects for a potential sale after the business lost billions of dollars. Solomon’s remarks were made at the bank’s second investor day in …
Goldman Sachs mulls deal options after consumer flop Read More »
By Wayne Cole SYDNEY (Reuters) -Australia’s economy grew at its weakest pace in a year last quarter as strength in trade was offset by rising interest rates and high inflation, and all the signs are a further slowdown lies ahead. Indeed, without the sizeable contribution from trade, the economy would actually have contracted in the …
Australia economy slows in Q4 as inflation squeezes consumers Read More »
BEIJING (Reuters) – China’s non-manufacturing activity grew at a faster pace in February, official data showed on Wednesday, suggesting that economic recovery is well underway following the abandonment of COVID curbs in December. The official non-manufacturing purchasing managers’ index (PMI) stood at 56.3 compared with 54.4 in January, according to data from the National Bureau …
China Feb non-manufacturing activity extends growth – official PMI Read More »
By Patricia Zengerle and Michael Martina WASHINGTON (Reuters) -A new U.S. congressional select committee on competition with China held its first hearing with a focus on human rights on Tuesday, amid tense bilateral ties weeks after a suspected spy balloon flying over North America was shot down. “This is not a polite tennis match. This …
U.S. House panel on China cites ‘existential struggle’ at first hearing Read More »
