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Russia’s first ice-class LNG carrier enters sea trials, data shows
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South Korea Dec exports seen up for 15th month in row, but momentum slowing – Reuters poll
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High food prices dampen festive spirits in Russia
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Soccer-Leading the league feels different this time, says Liverpool’s Salah
China’s Nov industrial profits narrow decline but 2024 likely worst year in decades
Date: December 27, 2024
BEIJING (Reuters) -China’s industrial profits fell at a slower clip in November, official data showed on Friday, but the annual decline in earnings this year is expected to be the worst in over two decades due to persistently soft domestic consumption. The world’s second-largest economy has been struggling to mount a strong post-pandemic revival, as...
New York to fine fossil fuel companies $75 billion under new climate law
Date: December 27, 2024
By Jonathan Allen NEW YORK (Reuters) – New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday. The law is intended to shift some of the recovery and...
India’s former PM Manmohan Singh dies aged 92
Date: December 27, 2024
NEW DELHI (Reuters) – Manmohan Singh, the former Indian prime minister who governed the South Asian country for two terms and liberalised its economy in an earlier stint as finance minister, has died, local media reported on Thursday. He was 92. Singh, an economist-turned-politician who also served as the governor of the central bank, was...
US stocks tread water in thin trade, benchmark US yield ekes out new high
Date: December 26, 2024
By Stephen Culp and Alden Bentley NEW YORK (Reuters) -Wall Street indexes were mixed on Thursday and U.S. benchmark Treasury yields were hardly changed on the day after scaling the highest levels since May in light, post-Christmas trading. U.S. stocks steadied after the three major indexes slipped in early trading, interrupting what looked like a...
Pope opens special ‘Holy Door’ for Catholic Jubilee at Rome prison
Date: December 26, 2024
By Joshua McElwee ROME (Reuters) – Pope Francis made a visit on Thursday to one of the largest prison complexes in Italy, opening a special “Holy Door” for the 2025 Catholic Holy Year, in what the Vatican said was the first such action by a Catholic pontiff. Speaking to hundreds of inmates, guards and staff...
More than 200,000 homes without power in Bosnia after Balkan snowstorm
Date: December 26, 2024
SARAJEVO (Reuters) – More than 200,000 homes across Bosnia and Herzegovina were without electricity for a second day on Wednesday, authorities said, after a snowstorm the day before caused widespread disruption across several Balkan countries. Mainly in northwestern and central Bosnia, towns and villages suffered ongoing power outages, the country’s two power utilities said. The...