Middle East Headlines

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 2022-12-08 09:21 

FX Empire

Israel's next finance minister brings religion to the front of economic strategy...

By Steven Scheer JERUSALEM (Reuters) Israel's incoming finance minister said his economic strategy will be infused with religious beliefs laid out in the Torah, saying it will help the country prosper....

 2022-12-08 09:21 

FX Empire

Audacious BlackRock challenge is Bluebell's David vs Goliath playbook...

By Simon Jessop, Nell Mackenzie and Svea Herbst-Bayliss...

 2022-12-08 09:09 

FX Empire

China passenger vehicle sales drop 9.5% in November, first fall in six months data...

SHANGHAI (Reuters) China's passenger vehicle sales totalled 1.67 million units in November, down 9.5% from the same period in 2021, the China Passenger Car Association (CPCA) said on Thursday....

 2022-12-08 09:06 

FX Empire

Germany wants Bulgaria, Croatia, Romania to join Schengen interior minister...

BERLIN (Reuters) Germany supports bids by Bulgaria, Croatia and Romania to join the Schengen area, German Interior Minister Nancy Faeser said in Brussels on Thursday, adding that she did not share Austria's opposition to enlargement of the visa-free t...

 2022-12-08 09:06 

FX Empire

European defence spend topped 200 billion euros in 2021 for first time: EDA...

BRUSSELS (Reuters) European defence spending topped 200 billion euros for the first time in 2021, the European Defence Agency (EDA) said on Thursday, accounting for 1.5% of the 26 EDA member states' gross domestic product....

 2022-12-08 09:06 

FX Empire

China's CATL to provide EV batteries for Honda starting in 2024...

TOKYO (Reuters) Honda Motor Co said on Thursday that Chinese battery giant CATL would supply batteries for seven years for its electric vehicles (EV) in China....

 2022-12-08 09:06 

FX Empire

European shares fall as telecom, utilities drag amid recession worries...

(Reuters) European shares fell on Thursday, with utilities and telecom firms leading declines amid growing fears of an impending recession....

 2022-12-08 09:03 

FX Empire

Google must remove 'manifestly inaccurate' data, EU top court says...

BRUSSELS (Reuters) Alphabet unit Google must remove data from online search results if users can prove that such information is manifestly inaccurate, Europe's top court said on Thursday....

 2022-12-08 08:51 

FX Empire

UK's FTSE 100 falls, BAT down after warning on costs...

(Reuters) UK's FTSE 100 was dragged lower by consumer staples stocks on Thursday after British American Tobacco warned of rising costs, while investors worried about the outlook for the economy....

 2022-12-08 08:51 

FX Empire

Hong Kong government eases COVID quarantine and testing regime after Beijing moves...

HONG KONG (Reuters) The Hong Kong government said on Thursday that the isolation period for COVID-19 patients and their close contacts will be cut to five days from seven days....

 2022-12-08 08:36 

FX Empire

Indonesian court clears ex-soldier of all charges in Papua rights abuse trial...

By Ananda Teresia and Kate Lamb JAKARTA (Reuters) An Indonesian court on Thursday acquitted a retired army officer in the fatal shooting of four teenagers in Papua in 2014, crushing hopes the military would be held accountable for alleged abuses in the co...

 2022-12-08 08:21 

FX Empire

South Koreans set to become younger as traditional way of counting age scrapped...

By Soo-hyang Choi SEOUL (Reuters) South Korea on Thursday passed laws to scrap its traditional method of counting ages and adopt the international standard a shift which will make its citizens either 1 or 2 years younger on official documents....

 2022-12-08 08:21 

FX Empire

France's CNIL watchdog fines Iliad's Free unit 300,000 euros for privacy failings...

PARIS (Reuters) France's CNIL privacy watchdog on Thursday said it had fined 300,000 euros ($315,570.00) against Iliad's telecoms business 'Free' for failings over protecting their customers' personal data....

 2022-12-08 08:06 

FX Empire

Germany's Scholz wants air defence shield in next five years Funke...

BERLIN (Reuters) German Chancellor Olaf Scholz hopes to develop a missile defence shield in the next five years, he said in an interview with the Funke Media Group and French newspaper Ouest-France published on Thursday....

 2022-12-08 08:04 

FX Empire

Egypt inflation jumps to five-year high of 18.7% in November...

(Changes day of release to Thursday, figures unchanged)...

 2022-12-08 08:00 

FX Empire

UK's On The Beach says founder Cooper to step down as CEO...

(Reuters) Packaged holidays provider On The Beach said on Thursday its chief executive officer (CEO) and founder Simon Cooper will step down within the next 12 months and will be replaced by finance chief Shaun Morton....

 2022-12-08 07:51 

FX Empire

Airbus sees wide-body demand boost in 2023 and 2024...

PARIS (Reuters) Airbus Chief Executive Guillaume Faury said on Thursday that 2023 and 2024 would be positive years for wide-body jet demand, but sounded a cautious note on fragmented global supply chains....

 2022-12-08 07:51 

FX Empire

Russian ship shoots down drone over Black Sea, Sevastopol chief says...

MOSCOW (Reuters) Russia's fleet shot down a Ukrainian drone over the Black Sea, the Russian-installed governor of Sevastopol, the largest city in the annexed Crimean peninsular, said on Thursday....

 2022-12-08 07:51 

FX Empire

French farmer awarded 11,000 euros over Bayer pesticide damage: media...

PARIS (Reuters) A French court has ordered Germany's Bayer to pay a compensation of some 11,000 euros ($11,564.30) to a crop farmer for the accidental inhalation of a weedkiller, ending a 15-year long legal battle, French media reported on Thursday....

 2022-12-08 07:51 

FX Empire

BAT expects full-year sales growth of 2-4% on e-cigarette, oral nicotine push...

LONDON (Reuters) British American Tobacco said on Thursday it expects full-year revenue growth of between 2% and 4% at constant currency rates, as more people are using its e-cigarettes and oral nicotine products....

 2022-12-08 07:51 

FX Empire

More arrests expected in German coup plot in coming days, say authorities...

BERLIN (Reuters) German authorities expect further arrests and raids in the coming days in connection with a far-right group that prosecutors say were preparing a violent overthrow of the state to install as national leader a former member of a German roy...

 2022-12-08 07:48 

FX Empire

UK's DS Smith raises dividend, upbeat on annual performance...

(Reuters) DS Smith said on Thursday it expects annual performance to be ahead of its prior outlook, after the British cardboard maker posted a jump in half-yearly profit on boost from higher box prices and resilient demand from consumer goods companies....

 2022-12-08 07:36 

FX Empire

Britain's Frasers defies retail downturn with profit rise...

LONDON (Reuters) British sportswear and clothing retailer Frasers kept financial guidance for its full 2022-23 year after reporting a 38.8% rise in first-half profit, defying a downturn across the wider retail sector....

 2022-12-08 07:36 

FX Empire

Google to merge mapping service Waze with maps products teams...

By Juby Babu (Reuters) Google said on Thursday it will merge teams working on mapping service Waze and products like Google Maps, effective Dec. 9, in a bid to consolidate processes....

 2022-12-08 07:21 

FX Empire

Keeping up with the Morohoshis: Buying a bomb shelter in the Tokyo suburbs...

By Rocky Swift TOKYO (Reuters) When North Korea lofted a missile over Japan in September, setting off emergency alerts across cell networks, Megumi Morohoshi made a decision: she was going to buy a bomb shelter....

 2022-12-08 07:21 

FX Empire

UK's Tullow Oil names Richard Miller as permanent CFO...

(Reuters) Tullow Oil Plc on Thursday named its interim chief financial officer, Richard Miller, as permanent CFO, effective Jan. 1....

 2022-12-08 07:06 

FX Empire

Magnitude 5.6 earthquake strikes Russia EMSC...

(Reuters) A magnitude 5.6 earthquake struck Caucasus region, Russia on Thursday, European Mediterranean Siesmological Centre (EMSC)....

 2022-12-08 06:51 

FX Empire

Number of oil tankers waiting at Bosphorus rises by five Turkish agency...

ISTANBUL (Reuters) The number of oil tankers waiting in the Black Sea to cross Istanbul's Bosphorus strait on the way to the Mediterranean rose by five to 16 on Thursday, a shipping agency said, amid talks between Western and Turkish officials on step...

 2022-12-08 06:51 

FX Empire

U.N. says M23 rebels killed at least 131 in Congo reprisal killings...

KINSHASA (Reuters) The M23 armed group executed at least 131 villagers in reprisal killings in east Democratic Republic of Congo late last month as part of a campaign of murder, rape, kidnapping and looting, the United Nations said on Thursday....

 2022-12-08 06:36 

FX Empire

Russian troops take part in tactical drills in Belarus...

MOSCOW (Reuters) Russia said on Thursday its troops were taking part in tactical exercises in Belarus, amid fears that Moscow is pressing its ally to get more involved in the Ukraine war....

 2022-12-08 06:36 

FX Empire

Ebola vaccine candidates arrive in Uganda for trials...

KAMPALA (Reuters) A shipment of Ebola vaccine candidates set to be used in a clinical trial have arrived in Uganda, where an outbreak has infected 142 people and killed at least 56, health authorities said on Thursday....

 2022-12-08 06:36 

FX Empire

Investors revive wagers on Bank of Japan policy change...

By Junko Fujita TOKYO (Reuters) Global investors are short-selling Japanese bonds and driving its other market yields higher, reviving bets that the Bank of Japan will need to tweak its ultra-easy monetary policy sooner rather than later....

 2022-12-08 06:32 

FX Empire

Iran executes protester for injuring guard with knife Tasnim...

DUBAI (Reuters) Iran executed one protester on Thursday who was convicted of injuring a security guard with a long knife and closing off a Tehran street, the semi-official Tasnim news agency reported....

 2022-12-08 06:21 

FX Empire

Bank of England to add 50 bps to Bank Rate on Dec. 15; peak at 4.25% in Q2: Reuters Poll...

By Jonathan Cable LONDON (Reuters) The Bank of England will add another 50 basis points to Bank Rate next week and take borrowing costs to 3.50%, despite the economy falling into recession, as it battles inflation running at more than five times its targe...

 2022-12-08 06:21 

FX Empire

Israeli forces kill three Palestinians in West Bank raid, officials say...

By Ali Sawafta JENIN, West Bank (Reuters) Israeli forces killed three Palestinians on Thursday during a pre-dawn raid in the occupied West Bank, the Palestinian health ministry said, in a wave of intensifying violence....

 2022-12-08 06:21 

FX Empire

Israel's Netanyahu secures parliament majority, closer to forming government...

JERUSALEM (Reuters) Israel's incoming Prime Minister Benjamin Netanyahu secured a parliamentary majority on Thursday after his Likud party said it had reached an agreement with the Jewish ultra-Orthodox Shas party....

 2022-12-08 06:10 

FX Empire

U.S. approves conditions for Airbus A321XLR to address fire risks...

WASHINGTON/PARIS (Reuters) The U.S. Federal Aviation Administration said it has approved special conditions for the Airbus A321XLR after concerns were raised that a novel type of fuel tank could pose fire risks in its newest narrow-body jet....

 2022-12-08 06:06 

FX Empire

Analysis: Germany's government looks inward as challenges mount, allies fret...

By Sarah Marsh and Michel Rose BERLIN (Reuters) In its first year, Chancellor Olaf Scholz's government has driven the biggest overhaul of German policy since World War Two. The next year could be even tougher, further absorbing Berlin's bandwidth ...

 2022-12-08 05:51 

FX Empire

Musk taps Tesla's China chief to run Texas gigafactory Bloomberg News...

(Reuters) Tesla Inc chief Elon Musk has roped in longtime executive and the company's president in China, Tom Zhu, to help run the carmaker's new plant in Austin, Texas, Bloomberg News reported late on Wednesday....

 2022-12-08 05:36 

FX Empire

Biden admin tells Supreme Court law protecting social media companies has limits...

By Dan Whitcomb (Reuters) The Biden administration argued to the U.S. Supreme Court on Wednesday that social media giants like Google could in some instances have responsibility for user content, adopting a stance that could potentially undermine a federa...

 2022-12-08 05:36 

FX Empire

Marketmind: So what's up with Treasuries?...

By Wayne Cole SYDNEY (Reuters) A look at the day ahead in European and global markets from Wayne Cole....

 2022-12-08 05:06 

FX Empire

Europe's free-travel zone set to welcome Croatia but bar Romania and Bulgaria...

By Gabriela Baczynska BRUSSELS (Reuters) Opposition led by Austria is set to prevent Bulgaria and Romania from winning approval on Thursday to join Europe's control-free travel zone, though its 26 member countries are expected to admit Croatia....

 2022-12-08 05:06 

FX Empire

Modi's party set for landslide election win in India's Gujarat state...

By Sumit Khanna AHMEDABAD, India (Reuters) Indian Prime Minister Narendra Modi's Bharatiya Janata Party (BJP) was headed for a landslide victory in his home state of Gujarat on Thursday, a big boost to the Hindu nationalist party ahead of general elec...

 2022-12-08 05:06 

FX Empire

Slowing crypto startup funding may still surpass 2021 record Pitchbook...

By Medha Singh (Reuters) Total funding at crypto startups this year is set to exceed investments in 2021, research firm Pitchbook said on Thursday though the pace of capital deployment is slowing as a series of crypto blowups sapped private equity investm...

 2022-12-08 05:04 

FX Empire

Russia's war on Ukraine latest news: Russia does not plan more conscription...

(Reuters) Ukraine's President Volodymyr Zelenskiy warned against more potential Russian attacks on energy infrastructure, while the mayor of Kyiv urged residents to consider preparing to leave temporarily if the capital lost water and power supplies....

 2022-12-08 04:51 

FX Empire

Kenya's economic growth to slow to 5% next year, World Bank says...

NAIROBI (Reuters) Kenya's economic growth will slow down to 5% next year from an estimated 5.5% this year, the World Bank said on Thursday, as the rebound from the impact of the coronavirus pandemic loses momentum....

 2022-12-08 04:51 

FX Empire

Thai consumer confidence at 20-month high in November...

BANGKOK (Reuters) Thai consumer confidence rose for a sixth straight month in November, reaching a 20-month high, boosted by improved economic activity and higher foreign tourist arrivals, but high costs of living remain a worry, a survey showed on Thursd...

 2022-12-08 04:36 

FX Empire

Musk's bankers mull new Tesla margin loans to slash Twitter debt Bloomberg News...

(Reuters) Billionaire Elon Musk's bankers are considering providing the Tesla Inc Chief Executive Officer with new margin loans backed by the U.S. automaker's stock to replace some of the high interest debt on his Twitter deal, Bloomberg News repo...

 2022-12-08 04:21 

FX Empire

Monk militia: The Buddhist clergy backing Myanmar's junta...

By Thu Thu Aung and Poppy McPherson (Reuters) In a monastery in central Myanmar, a Buddhist monk, Wathawa, rallies his militia with a cry: "What's our spirit like?"...

 2022-12-08 04:21 

FX Empire

Former Wirecard boss goes on trial in fraud scandal that rocked Germany...

By Jrn Poltz MUNICH (Reuters) The trial begins on Thursday of the former Wirecard chief executive who steered the payments company through its rise and spectacular collapse two years ago in a fraud scandal that shook German politics and tarnished the coun...

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