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Reuters exclusively reported that the European Central Bank was asking banks to detail their exposure to Spanish drugmaker Grifols and a network of companies linked to the founding family, days after the Barcelona-based business was accused of manipulating its financial accounts by a short-seller. The story also revealed how supervisors were concerned that the huge […]

Reuters exclusively reported that the U.S. military on Tuesday carried out a new strike in Yemen against four Houthi anti-ship ballistic missiles, the latest move against the Iran-aligned group over its targeting of Red Sea shipping.  The post US targets Houthi anti-ship missiles in new strike on Yemen appeared first on Reuters News Agency.

Reuters was first to report that Communications intercepts collected by the United States confirmed that Islamic State’s (ISIS) Afghanistan-based branch carried out twin bombings in Iran that killed nearly 100 people.  The post US intelligence confirms Islamic State’s Afghanistan branch behind Iran blasts  appeared first on Reuters News Agency.

Reuters exclusively reported that Tesla (TSLA.O) will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11, the company said late on Thursday, citing a lack of components owing to shifts in transport routes because of attacks on vessels in the Red Sea. It is the first company to disclose […]

Reuters exclusively reported that Chinese regulators have closed a regulatory loophole that last year allowed heavily indebted local government financing vehicles (LGFVs) to further increase their borrowing.  The post China closes local government offshore financing loophole  appeared first on Reuters News Agency.

Reuters reported U.S. investment giants Pimco and Vanguard have bought local Turkish assets in recent months, betting that the country will maintain high interest rates after years of erratic policymaking under President Tayyip Erdogan. The post US giants Pimco, Vanguard invest in Turkey after its return to rate hikes  appeared first on Reuters News Agency.

Reuters exclusively reported that Ghana’s official creditors are scheduled to meet on Monday to discuss restructuring some $5.4 billion in loans to the country, a key step needed to secure its next tranche of funding from the International Monetary Fund.  The post Ghana official creditors to meet Monday to discuss debt restructuring terms appeared first […]

Reuters was first to report India’s antitrust body is investigating domestic units of global delivery companies, such as Germany’s DHL, U.S.-based United Parcel Service (UPS.N) and FedEx (FDX.N), for alleged collusion on discounts and tariffs. The post India probes DHL, FedEx, UPS for alleged antitrust practices, price collusion  appeared first on Reuters News Agency.

Reuters exclusively reported that Beijing has informally asked some money managers in China to prioritise the launch of equity funds over other products like bond funds, as authorities scramble to revive its lagging stock market.  The post China pushes equity fund launches to support stock market appeared first on Reuters News Agency.

Reuters exclusively reported that Canadian miner First Quantum has entered into talks with its biggest shareholder China’s Jiangxi Copper about selling a stake in its Zambian mines. Citing a source familiar with the discussion, the story revealed that First Quantum is seeking to bolster the company’s finances after the Panama government ordered it to shutter […]