Why Malaysia is considering a ban on palm oil exports to the European Union

By Mei Mei Chu KUALA LUMPUR (Reuters) -Malaysia, the world’s second-largest palm oil producer, on Thursday said it might stop palm exports to the European Union after the bloc imposed additional import restrictions on the edible oil due to concerns over deforestation. WHAT IS THE DISAGREEMENT ABOUT? Malaysia and Indonesia have for years been at …

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Britain’s Sainsbury’s partners with Just Eat for home delivery

LONDON (Reuters) – Sainsbury’s, Britain’s second biggest supermarket group, has linked up with online meal ordering and delivery firm Just Eat Takeaway, to add faster home delivery for groceries across the country. Shoppers will be able to order items from Sainsbury’s for delivery in under 30 minutes using the Just Eat app. The partnership will …

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Opera star Placido Domingo faces new accusations of misconduct

By Graham Keeley MADRID (Reuters) – Opera star Placido Domingo faced new accusations of sexual harassment from a fellow Spanish singer in a television programme broadcast on Sunday, three years after such claims prompted an apology and curtailed his career. In a 2020 investigation, more than three dozen singers, dancers, musicians, voice teachers and backstage …

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Asking prices for UK homes rise after “mini-budget” shock – Rightmove

By Suban Abdulla LONDON (Reuters) – Asking prices for British homes rose for the first time in two months as the housing market showed signs of calming after the turmoil triggered by former prime minister Liz Truss’s “mini-budget”, property website Rightmove said on Monday. Asking prices for residential properties increased by 0.9%, or 3,301 pounds …

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Analysis-Russian mercenary boss courts Putin with Ukrainian battlefield success

By Andrew Osborn LONDON (Reuters) -In the twilight of the Soviet Union, Yevgeny Prigozhin was languishing in prison for theft. Now as the founder of Russia’s most powerful mercenary group, he is vying for Vladimir Putin’s favour by claiming a rare battlefield win in Ukraine. His aim is to leverage the success that Wagner Group, …

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IMF’s Georgieva confirms Ghana seeking debt treatment under G20 Common Framework

WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva on Sunday confirmed that Ghana has sought debt treatment under the Common Framework platform supported by the Group of 20 major economies. Reuters reported that Ghana requested on Tuesday to restructure its bilateral debt under the Common Framework platform supported by the G20, according to a …

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IMF says fragmentation could cost global economy up to 7% of GDP

WASHINGTON (Reuters) – A severe fragmentation of the global economy after decades of increasing economic integration could reduce global economic output by up to 7%, but the losses could reach 8-12% in some countries, if technology is also decoupled, the International Monetary Fund said in a new staff report. Tne IMF said even limited fragmentation …

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Earthquake of magnitude 6 strikes Northern Sumatra, Indonesia- EMSC

(Reuters) – An earthquake of magnitude 6 struck Northern Sumatra in Indonesia on Monday, the European-Mediterranean Seismological Centre (EMSC) said. The quake was at a depth of 80 km (49.70 miles), EMSC said. (Reporting by Shivani Tanna in Bengaluru; Editing by Daniel Wallis)