By Mei Mei Chu KUALA LUMPUR (Reuters) -Palm oil production in the world’s largest producers, Indonesia and Malaysia, will remain squeezed this year amid anticipation of rising demand from key market China, industry officials said in a seminar on Thursday. The two Southeast Asian nations account for around 85% of the world’s exports, but output …
Palm oil production in top Asian producers to remain tight in 2023 Read More »
By Mei Mei Chu KUALA LUMPUR (Reuters) -Malaysia said on Thursday it could stop exporting palm oil to the European Union in response to a new EU law aimed at protecting forests by strictly regulating sale of the product. Commodities Minister Fadillah Yusof said Malaysia and Indonesia would discuss the law, which bans sale of …
Malaysia says it could stop palm oil exports to EU after new curbs Read More »
By Ellen Zhang and Kevin Yao BEIJING (Reuters) – Residents of China are increasingly on the move after the country’s sudden reversal last month of heavy COVID-19 curbs, despite a surge in infections, pointing to a gradual recovery in consumption and economic activity this year. Mobility and spending data — from subway passenger traffic in …
China’s on the move again, economic outlook brightens Read More »
By Blake Brittain (Reuters) – A Manhattan jury on Thursday said Adidas AG had failed to show luxury brand Thom Browne Inc’s use of stripes on its clothing infringed the sportswear giant’s signature three-stripe trademark. The jury found the fashion house’s parallel stripe designs were not likely to cause consumer confusion with Adidas’ products, ending …
Adidas loses N.Y. trial against Thom Browne over three-stripe design Read More »
(Reuters) – World Wrestling Entertainment said on Thursday it has retained bankruptcy and restructuring powerhouse Kirkland & Ellis LLP as its legal adviser related to its review of strategic alternatives for the company. It has also retained The Raine Group LLC as financial advisor and August LLC as strategic communications adviser. WWE shares gained 3% …
WWE retains restructuring specialist Kirkland & Ellis as adviser for strategic review Read More »
By Marco Aquino LIMA (Reuters) -Peruvians in the southern region of Puno carried coffins through the streets on Wednesday of the 17 civilians who died in protests in the area earlier this week, the worst outbreak of violence the Andean country has seen in over 20 years. Even as families mourned their dead, the country’s …
Peru families mourn protest dead after worst violence in decades Read More »
LIMA, 12 ene (Reuters) -Un grupo de “vándalos” atacó a la mina de cobre Antapaccay en Perú, controlada por la empresa global Glencore, dijeron el jueves el Gobierno y la firma, en medio de una crisis cada vez más profunda por violentas protestas antigubernamentales centradas en las principales regiones mineras del país. Dos vehículos de …
Unidad cobre de Glencore sufre ataque y mina de estaño Minsur suspende operación en Perú Read More »
By Andrea Shalal WASHINGTON (Reuters) – A new global sovereign debt “roundtable” that will include China, other creditors and some borrowing countries will meet for the first time next month on the sidelines of a Group of 20 finance officials meeting in India, IMF Managing Director Kristalina Georgieva said on Thursday. Georgieva, the first person …
IMF chief heading to Zambia, says new debt ’roundtable’ to meet in February Read More »
(Actualiza con citas del Banco Central) 12 ene (Reuters) – El Banco Central de Perú aumentó el jueves su tasa de interés de referencia en 25 puntos base, al 7,75%, en la décimoctava alza consecutiva dentro de un ciclo de ajustes monetarios que buscan frenar la elevada inflación en el país minero. La tasa de …
By Rajesh Kumar Singh CHICAGO (Reuters) -Southwest Airlines Co is looking at all options to ensure the operational meltdown it suffered last month is not repeated, Chief Executive Bob Jordan said on Thursday. The Dallas-based carrier has been dealing with customer outrage and regulatory scrutiny after a systems meltdown last month left thousands of passengers …
