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India seeks to restore block on $725 million of Xiaomi’s bank assets
By Metro US
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Posted on May 12, 2022
People walk past Xiaomi, a Chinese manufacturer of consumer electronics, store in Mumbai
MUMBAI (Reuters) -India’s financial crime fighting agency asked a court on Thursday to re-instate a freeze on $725 million in the Indian bank accounts of Xiaomi Corp as it investigates fund transfers...
SoftBank’s Vision Fund posts record $26 billion loss as tech stocks take a beating
By Sam Nussey
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Posted on May 12, 2022
FILE PHOTO: SoftBank Corp’s logo is pictured at a news conference in Tokyo
TOKYO (Reuters) -Japan’s SoftBank Group Corp reported a record $26.2 billion loss at its Vision Fund investment arm on Thursday, as rising interest rates and political instability have whiplashed...
Russian gas flows to Europe via Ukraine drop
By Metro US
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Posted on May 12, 2022
FILE PHOTO: llustration shows Natural Gas Pipes and EU and Russian flags
(Reuters) – Daily requests for Russian gas deliveries to Slovakia via Ukraine have fallen in line with lower deliveries through Ukraine, where one route remains suspended, pipeline operator data showed on Thursday.
Requests via the Velke Kapusany border...
japan PM Kishida confirms further cooperation with EU to deal with Russia
By Metro US
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Posted on May 11, 2022
European Commission President Ursula von der Leyen and European Council President Charles Michel meet with Japanese Prime Minister Fumio Kishida in Tokyo
TOKYO (Reuters) – Japan’s Prime Minister Fumio Kishida said on Thursday that Japan and the European Union had agreed to further their cooperation...
The Council of Ministers approves a draft decision on controls on the increase in the prices of goods and services
BenArmani -
cabinet meeting
Keywords
Council of Ministers
Doha - Qena
His Excellency Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani, Prime Minister and Minister of Interior, chaired the regular meeting held by the Council this afternoon at its headquarters in the Emiri Diwan.
After the meeting, His Excellency Mr. Mohammed bin Abdullah Al-Sulaiti, Minister of State for Cabinet Affairs, stated the following:
At the beginning...
Qatar condemns in the strongest terms the assassination of the Israeli occupation forces, Sherine Abu Aqleh
BenArmani -
Doha - Qena
The State of Qatar condemned in the strongest terms the assassination of the Israeli occupation forces, Al-Jazeera correspondent Shireen Abu Aqleh, near Jenin camp, and the injury of journalist Ali Al-Samoudi, Al-Jazeera's producer, as a heinous crime and a flagrant violation of international humanitarian law and a blatant infringement on freedom of media and expression and the...
Inside the ‘Flying Kremlin’: What does Russia’s ‘Doomsday plane’ mean for the war in Ukraine?
BenArmani -
Inside the 'Flying Kremlin': What does Russia's 'Doomsday plane' mean for the war in Ukraine?
A Russian Il-80 military transport aircraft, also known as the Doomsday plane, and MiG-29 fighter jets fly in formation during a rehearsal for a flypast. - Copyright Tatyana Makeyeva/Reuters
By Jack Ramage • Updated: 11/05/2022 - 22:14
The "Flying Kremlin," also known as Russia’s "Doomsday plane," was planned to make its first appearance in over...
Bitcoin below $30,000: Is the crypto crash threatening the financial system?
Cryptocurrencies overall have lost nearly $800 billion (€758 billion) in market value in the past month, according to data site CoinMarketCap. - Copyright Canva
By Reuters • Updated: 11/05/2022 - 12:00
Bitcoin fell briefly below $30,000 (€28,427) for the first time in 10 months on Tuesday, according to data site CoinMarketCap, while cryptocurrencies overall have lost nearly $800 billion...
Manulife, Sun Life see 1st-qtr earnings decline; Asia COVID challenges weigh
By Nichola Saminather
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Posted on May 11, 2022
FILE PHOTO: The Sun Life Financial logo is seen at their corporate headquarters in Toronto
(Reuters) – Canada’s biggest life insurers, Manulife Financial and Sun Life Financial on Wednesday reported core earnings fell from a year ago as the COVID-19 pandemic took a toll on...
Bitcoin falls 7.2% to $28,758
By Nichola Groom
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Posted on May 11, 2022
FILE PHOTO: Representation of cryptocurrency Bitcoin is seen in this illustration
(Reuters) – Bitcoin fell 7.23% to $28,758.29 at 22:05 GMT on Wednesday, losing $2,241.68 from its previous close.
Bitcoin, the world’s biggest and best-known cryptocurrency, is down 40.4% from the year’s high of $48,234 on March 28.
Ether, the coin linked to...
Australia’s #MeToo puts miners and ministers in crosshairs of history
By Byron Kaye and Praveen Menon
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Posted on May 11, 2022
FILE PHOTO: Tourists walk around the forecourt of Australia’s Parliament House in Canberra
SYDNEY (Reuters) – Australia’s mighty #MeToo wave is piling pressure on mining and political leaders who are preparing to face a reckoning over sexual harassment scandals stretching from the arid...
China opposes semiconductor bill because it will give U.S. advantage -U.S. commerce chief
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China opposes semiconductor bill because it will give U.S. advantage -U.S. commerce chief
By David Shepardson
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Posted on May 11, 2022
FILE PHOTO: Illustration picture of semiconductor chips on a circuit board
WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said Wednesday the Chinese government opposes an effort in Congress to ramp up U.S. semiconductor manufacturing because it will give the United States more...
Citi looks for new manager in Delta One unit -sources
By Sinead Cruise
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Posted on May 11, 2022
FILE PHOTO: A view of the exterior of the Citibank corporate headquarters in New York, New York
(This May 10 story has been recast to clarify Omari’s departure was unrelated to the flash crash, and corrects headline.)
LONDON (Reuters) – Citigroup is looking for a new senior...
Oil eases after surging in previous session on Russia’s sanctions
By Stephanie Kelly
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Posted on May 11, 2022
FILE PHOTO: Oil tankers are seen at a terminal of Sinopec Yaogang oil depot in Nantong
(Reuters) – Oil prices eased in early Asian trade on Thursday, taking a pause after rising more than 5% in the previous session following new Russian sanctions on some European...