Middle East Headlines

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 2022-12-09 11:22 

FX Empire

Russian and U.S. representatives to meet in Istanbul on Friday TASS cites source...

(Reuters) Representatives from Russia and United States will meet in Istanbul on Friday, Russia's state-run TASS news agency reported, citing an unnamed source....

 2022-12-09 11:22 

FX Empire

"Small joyless flows" as investors sell stocks and cash Bofa...

LONDON (Reuters) Investors sold stocks and bought gold in the week to Wednesday, withdrawing $5.7 billion from equity funds, BofA Global Research said on Friday, a week of "small, joyless flows", as markets position for the approaching end of the ...

 2022-12-09 11:21 

FX Empire

Ukrainian security service accuses Orthodox cleric of supporting Russia...

KYIV (Reuters) Ukraine's SBU security service accused a senior Orthodox Christian cleric on Friday of engaging in anti-Ukrainian activity by supporting Russian policies in social media posts....

 2022-12-09 11:21 

FX Empire

Marketmind: Factory gates...

A look at the day ahead in U.S. and global markets from Mike Dolan....

 2022-12-09 11:21 

FX Empire

Canadian oil companies, lighter in debt, have cash to spare despite falling prices...

By Rod Nickel WINNIPEG, Manitoba (Reuters) After a bumper year of share buybacks and dividends, investors in debt-light Canadian oil and gas producers are set to reward shareholders even more in 2023 as they generate ample cash and show little appetite fo...

 2022-12-09 11:21 

FX Empire

Arid wheat fields and dead cows: a snapshot of Argentina's worst drought in decades...

By Maximilian Heath NAVARRO, Argentina (Reuters) In the fields around the town of Navarro in Argentina's Pampas farm belt, the dried-out bed of a huge lagoon and decaying bodies of dead cattle are stark signs of a historic drought that is hammering cr...

 2022-12-09 11:21 

FX Empire

Plane carrying basketball star Griner lands in U.S...

(Reuters) A plane believed to be carrying basketball star Brittney Griner landed in the United States early Friday, Associated Press reported....

 2022-12-09 11:11 

FX Empire

S&P cuts Enel's outlook, sees risks to asset sale plan...

MILAN (Reuters) Credit ratings agency S&P cut its outlook for Enel, citing execution risks around a 21-billion euro ($22.18 billion) asset disposal plan the Italian utility announced last month....

 2022-12-09 11:07 

FX Empire

Russia might raise taxes in high-margin resource sectors -Finance Minister...

(Reuters) Russia's finance ministry will analyse whether there is potential to increase taxes in resource sectors of the economy where there are high margins, Deputy Finance Minister Alexei Sazanov said on Friday....

 2022-12-09 11:07 

FX Empire

Russian opposition figure found guilty of "fake information" about army agencies...

(Reuters) Russian opposition politician Ilya Yashin guilty was found guilty on Friday of spreading "fake information" about the army, Russian news agencies reported....

 2022-12-09 11:06 

FX Empire

Italy takes in NGO ship with 33 migrants aboard...

MILAN (Reuters) A charity-run rescue boat carrying 33 migrants was allowed to disembark on the southern Italian island of Lampedusa overnight into Friday, while two more NGO vessels with more than 500 migrants aboard remain at sea....

 2022-12-09 10:36 

FX Empire

Investors bet on greed and fear as China loosens COVID grip...

By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) Investors caught off-guard by China's dramatic COVID policy pivot are betting on both greed and fear as the economy starts to gradually reopen, snapping up shares in businesses from travel ag...

 2022-12-09 10:36 

FX Empire

U.S. does not object to Kazakh banks using Russia's Mir bank card...

ALMATY (Reuters) The U.S. Treasury Department has told banks in Kazakhstan it does not object to Russians in Kazakhstan using Russia's Mir payments cards, the Central Asian nation's financial market regulator said on Friday....

 2022-12-09 10:31 

FX Empire

Asian, European Shares Edge Higher on China Optimism...

Asian and Eurpean stock markets firmed as investors hoped for a Chinese economic recovery as COVID-19 curbs are relaxed....

 2022-12-09 10:22 

FX Empire

Russian arms dealer Bout: 'Hard to describe feelings' after release from U.S. jail...

(Reuters) Russian arms dealer Viktor Bout said on Friday it was difficult to find the words to describe his feelings, in an interview with the state-run news outlet RT after being freed by the United States in exchange for U.S. basketball player Brittney ...

 2022-12-09 10:21 

FX Empire

EU executive set to reassess Hungary's eligibility for sorely needed aid...

By Gabriela Baczynska BRUSSELS (Reuters) The European Union's executive is due to come up with a new assessment on Friday of the state of democracy in Hungary to help the bloc's 26 other member states decide on whether to grant Budapest billions o...

 2022-12-09 10:21 

FX Empire

Pakistan's court endorses settlement with Barrick Gold over mining project...

ISLAMABAD (Reuters) Pakistan's supreme court on Friday endorsed a settlement with Barrick Gold to resume mining the Reko Diq, one of the world's biggest copper and gold deposits sites in the country's southwest, a court order showed....

 2022-12-09 10:21 

FX Empire

Greek industrial output drops 2.5% y/y in October...

ATHENS (Reuters) Greek industrial output dropped 2.5% in October compared to the same month a year earlier after a downwardly revised 1.2% decline in September, data from statistics service ELSTAT showed on Friday....

 2022-12-09 10:21 

FX Empire

Sterling close to recent highs versus dollar...

By Stefano Rebaudo (Reuters) The pound was flat against the dollar on Friday but still within striking distance of an almost six-month high as investors await major central bank policy meetings next week, including the Bank of England (BoE)....

 2022-12-09 10:07 

FX Empire

Saudi's ACWA Power signs $1.5 billion agreement with Power China Al-Arabiya...

LONDON (Reuters) Saudi Arabian private utility ACWA Power said it has signed a $1.5 billion agreement with Power China, Al-Arabiya television station reported on Friday....

 2022-12-09 10:07 

FX Empire

Britain's Morrisons in 220 million stg logistics sale and leaseback deal...

LONDON (Reuters) Morrisons has completed a 220 million pounds ($269 million) sale and leaseback deal for seven logistics properties with asset manager ICG, the British supermarket group said on Friday....

 2022-12-09 10:06 

FX Empire

Experts say cheap public transport could ease German inflation...

BERLIN (Reuters) German inflation could cool in the coming months as a result of a low-cost public transport ticket agreed to by political leaders, experts said on Friday, with one pointing to the power of government measures to swiftly ease price pressur...

 2022-12-09 10:06 

FX Empire

Exclusive-Canada's critical-mineral strategy aims to accelerate permitting...

By Steve Scherer OTTAWA (Reuters) Canada will unveil a new strategy on Friday to ramp up production and processing of critical minerals vital to power electric vehicle (EV) batteries, according to a copy of the strategy paper seen by Reuters....

 2022-12-09 10:06 

FX Empire

Thai financial system stable but could be exposed to global risks -central bank...

BANGKOK (Reuters) Thailand's financial system is resilient but stability could be affected by an abrupt change in the global financial market, which warrants close monitoring, the central bank said on Friday....

 2022-12-09 10:06 

FX Empire

India PM Modi to skip annual summit with Russia's Putin ET Now...

NEW DELHI (Reuters) Indian Prime Minister Narendra Modi will skip an annual summit with Russian President Vladimir Putin, ET Now reported on Friday citing agencies....

 2022-12-09 10:06 

FX Empire

G7 oil price cap not to blame for Turkey tanker queues, EU says...

By Kate Abnett BRUSSELS (Reuters) The Group of Seven countries' price cap on Russian oil is not responsible for a queue of tankers waiting in the Black Sea to pass through Istanbul's Bosphorus Strait on the way to the Mediterranean, the European C...

 2022-12-09 09:36 

FX Empire

UN human rights chief 'determined' to follow up with China on Xinjiang concerns...

GENEVA (Reuters) U.N. human rights chief Volker Turk on Friday said he was determined to engage with China over the findings of a report issued by his predecessor that said China's treatment of Uyghurs and other Muslims in its Xinjiang region may cons...

 2022-12-09 09:36 

FX Empire

Anglo American lowers 2023 copper production guidance...

LONDON (Reuters) Global miner Anglo American Plc on Friday lowered its copper production guidance for 2023, impacted by lower grades at its Chilean mines....

 2022-12-09 09:36 

FX Empire

China's Li Auto sees higher deliveries in Q4; third-quarter loss widens...

(Reuters) China's Li Auto Inc on Friday forecast higher delivery of vehicles and a rise in revenue in the fourth quarter, banking on a production ramp-up and better cost management....

 2022-12-09 09:21 

FX Empire

Tesla to suspend Model Y output in Shanghai in last week of Dec-memo...

SHANGHAI (Reuters) Tesla Inc will suspend Model Y assembly at its Shanghai plant between Dec. 25 and Jan. 1, according to an internal memo detailing the automaker's latest production plan, reviewed by Reuters, and two people with knowledge of the matt...

 2022-12-09 09:21 

FX Empire

UK's FTSE 100 falls as energy stocks weigh; Man Group lifts midcaps...

(Reuters) UK's blue-chip FTSE 100 fell on Friday dragged down by energy- linked stocks, while fund manager Man Group led mid-cap shares higher after after announcing a share buy-back programme....

 2022-12-09 09:07 

FX Empire

Canada adds sanctions on Russia, Iran, Myanmar over human rights...

By Kanishka Singh (Reuters) Canada on Friday imposed fresh sanctions on Russia, Iran and Myanmar, citing alleged human rights violations by their governments....

 2022-12-09 09:06 

FX Empire

UK sanctions 30 people, targeting corruption and human rights abuse...

LONDON (Reuters) -Britain on Friday announced sanctions targeting 30 people around the world who it described as "corrupt political figures, human rights violators and perpetrators of conflict-related sexual violence."...

 2022-12-09 08:53 

FX Empire

U.S. FDA authorizes bivalent COVID shots for kids as young as 6 months old...

(Reuters) The U.S. Food and Drug Administration on Thursday authorized updated COVID-19 booster shots from Moderna and Pfizer and its partner BioNTech for children as young as 6 months of age....

 2022-12-09 08:51 

FX Empire

Saudi Arabia gathers China's Xi with Arab leaders in 'new era' of ties...

By Maha El Dahan and Aziz El Yaakoubi RIYADH (Reuters) Chinese President Xi Jinping meets with Arab leaders on Friday at "milestone" summits hosted by Saudi Arabia in a show of strength by Crown Prince Mohammed bin Salman as an aspiring leader of ...

 2022-12-09 08:51 

FX Empire

European shares rise as industrials, financials gain on China optimism...

(Reuters) European shares rose on Friday as industrial and financial stocks gained on optimism over China relaxing COVID curbs, while Credit Suisse climbed on news of a capital raise....

 2022-12-09 08:36 

FX Empire

Russia's Bout feels terrible, wants drawings back from U.S. -TASS...

(Reuters) Russian arms dealer Viktor Bout feels terrible after his long prisoner swap journey and his family expects that the United States will hand over his documents and drawings to the Russian embassy, TASS news agency reported, citing his wife....

 2022-12-09 08:36 

FX Empire

Take Five: The grand 2022 central bank finale...

(Reuters) The world's top central banks dominate the agenda next week with indications abounding that the aggressive pace of rate hikes might slow, but not yet fade away given price pressures....

 2022-12-09 08:36 

FX Empire

Turquoise Hill's Friday vote on Rio Tinto takeover bid is hard to call...

MELBOURNE (Reuters) Shareholders in Canada's Turquoise Hill will on Friday vote on a Rio Tinto $3.3 billion takeover offer that aims to give the Anglo-Australian miner more control over a giant Mongolian copper mine. The deal is far from a slam dunk....

 2022-12-09 08:36 

FX Empire

Sri Lanka shuts schools as cyclonic storm raises pollution, India braces for landfall...

COLOMBO/CHENNAI (Reuters) Schools were closed across Sri Lanka on Friday due to high air pollution levels as a cyclonic storm passed by its coast, raising strong winds and rain, with forecasts that it will make landfall on India's southeastern coast a...

 2022-12-09 08:36 

FX Empire

Putin says West's desire for global dominance increases conflict risks...

(Reuters) Russian President Vladimir Putin on Friday said the West's desire to maintain its dominance on the world stage was increasing the risks of conflict....

 2022-12-09 08:28 

FX Empire

Antoine Arnault to head LVMH family holding Christian Dior SE...

PARIS (Reuters) French fashion house Christian Dior said on Friday its board of directors has decided to name Antoine Arnault as chief executive officer (CEO) of Christian Dior SE and vice-chairman of the board of directors to replace Sidney Toledano....

 2022-12-09 08:22 

FX Empire

Kremlin: Griner-Bout swap not sign of improving U.S.-Russia relations...

(Reuters) The Kremlin said on Friday that the prisoner exchange deal to swap Russian arms dealer Viktor Bout for U.S. basketball star Brittney Griner should not be seen as a step towards improving bilateral relations between Moscow and Washington, Russian...

 2022-12-09 08:22 

FX Empire

BoE says it will work with government on new regulatory reforms...

LONDON (Reuters) The Bank of England said on Friday that it would work with Britain's finance ministry to ensure a safe and competitive financial system, in a response to a raft of regulatory proposals released earlier in the day....

 2022-12-09 08:22 

FX Empire

Italy's Meloni to skip EU Med-9 summit due to flu...

ROME (Reuters) Italian Prime Minister Giorgia Meloni will no longer attend a summit of southern EU countries in the Spanish city of Alicante on Friday after coming down with the flu, and will be replaced by Foreign Minister Antonio Tajani, her office said...

 2022-12-09 08:21 

FX Empire

UK government tells BoE to focus more on global competitiveness...

LONDON (Reuters) Britain's government said on Friday that it plans to change the law to require the Bank of England's Prudential Regulation Authority (PRA) to focus more on the financial sector's global competitiveness, as part of wider-rangin...

 2022-12-09 08:21 

FX Empire

Euro zone banks must keep down stock of bad loans in downturn, ECB says...

NICOSIA (Reuters) Euro zone banks are relatively healthy at the start of the economic downturn and a key priority will be to keep down the stock of soured loans, European Central Bank supervisory chief Andrea Enria said on Friday....

 2022-12-09 08:21 

FX Empire

Bacteria behind certain bloodstream infections grew highly drug-resistant in 2020 WHO...

By Natalie Grover LONDON (Reuters) High levels of drug resistance in bacteria that often cause bloodstream infections in hospitals emerged in the first year of the pandemic, a World Health Organization report based on data from 87 countries in 2020 has fo...

 2022-12-09 08:21 

FX Empire

Russian state media lauds Putin's 'win' on Bout exchange...

By Guy Faulconbridge MOSCOW (Reuters) Russian state media on Friday lauded President Vladimir Putin for "winning" a prisoner exchange with the United States by swapping a U.S. basketball player for one of the world's most prolific arms dealers...

 2022-12-09 08:06 

FX Empire

Factbox: UK sets out financial sector reforms...

LONDON (Reuters) Britain on Friday set out plans to overhaul the financial sector including a review of rules to make bankers accountable for their decisions and easing capital requirements on smaller lenders....

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