By Valentine Hilaire PANAMA CITY (Reuters) -Canada-based miner First Quantum Minerals Ltd and its subsidiary Minera Panama started arbitration processes…
Tesla suspends production at Shanghai plant
SHANGHAI (Reuters) – Tesla suspended production at its Shanghai plant on Saturday, according to an internal notice and two people…
German inflation to stay high for two years – adviser
BERLIN (Reuters) -Inflation is likely to remain high for another two years as companies pass on higher input costs and…
ECB must be ready to take the heat and raise rates more, Schnabel says
FRANKFURT (Reuters) – The European Central Bank must be prepared to take the heat and raise interest rates further, including…
Hungary imposes windfall tax on drug producers to plug budget gap
BUDAPEST (Reuters) -Hungary’s government has imposed a windfall tax on drug producers based on net revenues generated in 2022 and…
China central banker calls for strengthening property sector policies
SHANGHAI (Reuters) – A top advisor to the People’s Bank of China on Saturday called for strengthening of real estate…
Mexico’s newest oil refinery now seen working at half capacity in mid-2023
By Adriana Barrera MEXICO CITY (Reuters) – Mexican state oil company Pemex’s newest refinery will reach half of its crude…
Japan firms to stop insuring ships in all Russian waters -Nikkei
TOKYO (Reuters) – Three Japanese insurance companies will stop insuring ships for damage in all Russian waters due to the…
U.S. awards defense contract of over $1 billion to Lockheed Martin
By Kanishka Singh WASHINGTON (Reuters) -The U.S. awarded defense contracts to companies on Friday, including one of over a billion…
Exclusive-Twitter removes suicide prevention feature, says it’s under revamp
By Paresh Dave, Fanny Potkin and Sheila Dang (Reuters) -Twitter Inc removed a feature in the past few days that…