India to get heat waves this year after hottest February on record

By Rajendra Jadhav MUMBAI/NEW DELHI (Reuters) -India is likely to experience heat waves between March and May, especially in the key wheat producing central and northern states, the weather office said on Tuesday, as the country recorded its highest ever maximum temperature in February. A heat-wave for the second straight year could dent production of …

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India’s Oct-Dec GDP growth slows to 4.4% on weakness in manufacturing

(Reuters) – India’s economic growth slowed further in the December quarter as pent up demand eased and weakness in the manufacturing sector continued. Asia’s third largest economy recorded year-on-year growth of 4.4% in October-December, down from 6.3% in July-September, data released by the government on Tuesday showed. The growth rate for the third quarter of …

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BP destina 2.000 millones de dólares a construir un centro español de hidrógeno verde

Por Ron Bousso y Shadia Nasralla LONDRES, 28 feb (Reuters) – BP dijo el martes que planea invertir hasta 2.000 millones de euros (2.120 millones de dólares) de aquí a 2030 en su refinería de España para producir hidrógeno bajo en carbono y biocombustibles. La empresa británica pretende desarrollar una gran planta para producir 2 …

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Moody’s slashes Pakistan’s rating amid payment crisis

(Reuters) – Global ratings agency Moody’s cut Pakistan’s sovereign credit rating by two notches to ‘Caa3’ on Tuesday amid international loan negotiations, saying the country’s increasingly fragile liquidity “significantly raises default risks.” The cash-strapped country has been in talks with the International Monetary Fund (IMF) to secure a $1 billion loan, which has been pending …

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Stellantis to invest $155 million in U.S. to produce new electric drive modules

MILAN (Reuters) – Stellantis said on Tuesday it will invest a total of $155 million in three plants located in Kokomo, Indiana, to produce new electric drive modules (EDM) that will be fitted in electric vehicles which the carmaker will assemble in North America. Production is expected to start in the third quarter of 2024, …

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Goldman Sachs presenta sus principales objetivos antes de jornada con inversores

Por Saeed Azhar y Lananh Nguyen NUEVA YORK, 28 feb (Reuters) -Goldman Sachs Group Inc dijo el martes que tratará de aumentar las comisiones de la gestión de activos y patrimonios y de obtener ganancias de una unidad de nueva creación, al exponer sus principales prioridades al inicio de su segundo día del inversor. El …

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German foreign minister concerned about judicial independence in Israel

BERLIN (Reuters) – German Foreign Minister Annalena Baerbock on Tuesday expressed concern about judicial independence in Israel as well as plans by the Israeli government to allow the death penalty. “I will not deny that we abroad are concerned about some of the legislative plans in Israel,” Baerbock said at a news conference with her …

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Putin pide a servicio de seguridad FSB mejorar acciones frente a agencias de espionaje occidentales

28 feb (Reuters) – El presidente ruso, Vladimir Putin, pidió el martes al servicio de seguridad FSB que intensifique su actividad para contrarrestar lo que describió como crecientes operaciones de espionaje y sabotaje contra Rusia por parte de Ucrania y Occidente. En un discurso dirigido a los funcionarios del FSB, Putin dijo que el organismo …

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Santander bets on Europe recovery, customers to lift profits and pay-outs

By Jesús Aguado MADRID (Reuters) -Spain’s Santander said it plans to return half its profits to shareholders as it announced ambitious profitability targets for the next three years, betting on customer growth and higher interest rates in Europe to boost revenue. Santander has relied in the past on Latin America to cope with tough conditions …

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