Month: August 2022

Reuters was first to report Airbus has revoked its entire outstanding order from Qatar Airways for A350 jets, severing all-new jetliner business with the Gulf carrier in a dramatic new twist to a dispute clouding 2022 World Cup preparations. The two aviation titans have been waging a rare public battle for months over the scarred […]

Reuters exclusively revealed Unity Software Inc, the U.S. developer best known for software used to design video games, is in talks to spin off its China unit to help it expand in the world’s biggest games market. San Francisco-based Unity has sought strategic investors to join it in a business valued at over $1 billion […]

Reuters exclusively reported dozens of former Republican and Democratic officials announced a new national political third party yesterday to appeal to millions of voters they say are dismayed with what they see as America’s dysfunctional two-party system.   The new party, called Forward, will initially be co-chaired by former Democratic presidential candidate Andrew Yang and […]

Reuters was first to report U.S. and Taliban officials have exchanged proposals for the release of billions of dollars from Afghan central bank reserves held abroad into a trust fund, offering a hint of progress in efforts to ease Afghanistan’s economic crisis. Significant differences between the sides remain, including the Taliban’s refusal to replace the […]

Reuters was first to report Ukraine aims to strike a deal for a $15-$20 billion programme with the International Monetary Fund before year-end to help shore up its war-torn economy. Battered by Russia’s invasion launched on Feb. 24, Ukraine faces a 35%-45% economic contraction in 2022 and a monthly fiscal shortfall of $5 billion, and is […]

Reuters exclusively revealed the European Union found evidence that smartphones used by some of its staff were compromised by an Israeli company’s spy software. In a letter sent to European lawmaker Sophie in ‘t Veld, EU Justice Commissioner Didier Reynders said iPhone maker Apple had told him in 2021 that his iPhone had possibly been […]

Reuters exclusively revealed Bangladesh asked the International Monetary Fund to start talks on a new loan under the creditor’s Resilience and Sustainability Trust, which is designed to help countries ensure sustainable growth. Bangladesh’s $416 billion economy is the first in Asia to put such a request forward to the Washington-based lender as it seeks to […]

Reuters exclusively revealed that Russian divisions of foreign banks, such as Citi and Raiffeisen Bank International, have started looking for staff this month after Russian authorities moved to block them from exiting the country. Russia’s move to send tens of thousands of troops into Ukraine on Feb. 24 prompted Western banks in Moscow to remove […]

Reuters exclusively revealed that China is asking the United Nations human rights chief to bury a highly anticipated report on human rights violations in Xinjiang. United Nations High Commissioner Michelle Bachelet has faced severe criticism from civil society for being too soft on China during a May visit and has since said she will refrain […]

Reuters was first to report the breaking news of the euro’s parity against the U.S. dollar, a level not seen in two decades. The euro started this year on a strong note given a post-pandemic economic recovery. But Russia’s invasion of Ukraine, surging European gas prices and fears that Moscow could cut off supplies completely […]