Articles by Reuters

Facebook brings stricter ads rules to India ahead of Lok Sabha elections

In India, which votes for parliament this spring, Facebook will place electoral ads in a searchable online library starting from next month, said Rob Leathern, a director of product management at the company.

2 hours ago

Etihad Airways to invest in debt-laden Jet Airways at discounted Rs 150 per share

Etihad, which owns 24 per cent of Jet, wants exemption from the market regulator on preference pricing and open offer guidelines to invest more for the bailout.

1 day ago

Supreme Court seeks Modi govt's response on plans to snoop on citizens' computers

Chief Justice of India Ranjan Gogoi issued the notice to the government against the controversial order. However, the Supreme Court has not stayed the order.

2 days ago

Brexit takes toll on Britain's financial sector, outlook weak

Profitability in the sector which raises the most tax in Britain was flat for the third quarter in a row in the three months to December 2018, the survey released on Monday said.

3 days ago

Global Markets: Asian shares falter from 1-1/2-month highs, markets wary about China data

Partial data on trade from China showed dollar-denominated exports growth was the highest since 2011. Markets are still awaiting numbers for December due shortly.

3 days ago

Rahul Gandhi promises to create jobs, simplify GST

India's main opposition Congress party will simplify the goods and services tax (GST) and take "rational economic decisions" to attract foreign investment if voted back to power in a general election due by May, its leader Rahul Gandhi said on Saturday.

4 days ago

Saudi Arabia to set up oil refinery worth $10 billion in Pakistan

Saudi Arabia plans to set up a $10 billion oil refinery in Pakistan's deepwater port of Gwadar, the Saudi energy minister said on Saturday, speaking at the Indian Ocean port that is being developed with the help of China.

4 days ago

Nissan top executive Jose Munoz resigns amid broadened Ghosn probe

In a statement, Nissan said that Munoz had "elected to resign" from the company, effective immediately. The company declined to offer details.

5 days ago

US government shutdown may depress January job growth

Unless the government reopens next week, furloughed workers will probably be counted as unemployed, as they would not have received a salary during the pay period survey.

5 days ago

Asia stocks at one-month high, focus stays on US-China trade talks

Asian stocks inched higher to one-month highs on Friday, after Federal Reserve Chairman Jerome Powell reiterated the U.S. central bank can be patient on raising interest rates further.

6 days ago

India rice export rates rise on higher local prices; Thai-Vietnam output seen surging

Rice export prices in India rose this week due to a rally in local rates, while Thai and Vietnam prices are expected to drop in the coming weeks with fresh supplies hitting the market.

6 days ago

New York's iconic Chrysler Building put up for sale

The 77-storied skyscraper, briefly the world's tallest building after it was finished in 1930, is 90 per cent owned by the Abu Dhabi Investment Council, with developer Tishman Speyer owning the remainder.

6 days ago

New year brings fresh hopes for bulls in Asian currencies

With the trade talk outcome still uncertain, failure could quickly reignite pressure on the yuan with some still expecting it to breach the key 7-per-dollar mark on dimming growth outlook.

7 days ago

How U.S. shutdown over border wall fight might play out

Trump walked out of negotiations with Democrats on Wednesday, according to Senate Democratic leader Chuck Schumer.

7 days ago

Saudi private jet industry stalls after corruption crackdown

Some were handed over to the state in settlements reached after the crackdown was launched in late 2017, when dozens of princes, businessmen and government officials were detained.

7 days ago

Suspicious packages sent to foreign consulates, embassies in Australia

"The packages are being examined by attending emergency services," the Australian Federal Police (AFP) said in a short statement without providing further details.

8 days ago

Indian rupee seen facing more punishment, but no new record low: Reuters poll

The rupee's path this year will largely be determined by the results of national elections in May, oil price moves and the Reserve Bank of India's policy.

8 days ago

Jim Yong Kim resigns as World Bank president amid differences with Trump administration

World Bank Group President Jim Yong Kim, who was at odds with the Trump administration's policies on climate change, will resign effective Feb. 1, more than three years ahead of his term's expiration, the multilateral lender said on Monday.

9 days ago

PM Modi and US President Trump discuss trade, Afghanistan: White House

The US has slapped tariffs on imports of steel and aluminium from India, part of Trump's drive to reduce the US trade deficit and boost American manufacturing jobs.

9 days ago

Turkey orders arrest of 100 soldiers over suspected links to Fethullah Gulen network

Turkish prosecutors ordered the detention of 100 soldiers over suspected links to the network of the U.S.-based Muslim cleric accused of orchestrating a failed coup in 2016, state-owned media said on Monday.

10 days ago