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Reuters exclusively reported India’s long wait to win inclusion in JPMorgan’s influential emerging market debt index is set to be pushed out into next year due to a number of issues New Delhi needs to address. Investors had hoped the green light for inclusion could have come as early as this month after JPMorgan’s index […]

Reuters reported Denmark’s Prime Minister Mette Frederiksen said leaks detected in the Nord Stream gas pipelines were caused by deliberate actions and could not have been a result of accidents. The post Reuters reveals Nord Stream leaks caused by deliberate actions, Denmark’s prime minister says appeared first on Reuters News Agency.

Reuters was first to report Deutsche Telekom, Orange, Telefonica and 13 other European telecoms providers today made their strongest push for Big Tech to share network costs, citing the energy crisis and European Union climate change goals. The call comes as the European Commission prepares to seek feedback from both sides before making a legislative […]

Reuters was first to report Turkey’s central bank cut its policy rate by 100 basis points today, even as inflation rose above 80%, and as central banks globally race in the opposite direction and tighten policy. The Turkish lira sank to a record low of 18.42 versus the dollar after the move. The post Reuters […]

Reuters exclusively reported Turkish defence firm Baykar has delivered 20 armed drones to the United Arab Emirates this month and could sell more, as a diplomatic detente between the former regional rivals expands into military contracts. The post Reuters reveals Turkey sells battle-tested drones to UAE as regional rivals mend ties appeared first on Reuters […]

Reuters exclusively reported PepsiCo has stopped making Pepsi, 7UP and Mountain Dew in Russia nearly six months after the U.S. company said it would suspend sales and production after Moscow sent tens of thousands of troops into Ukraine. The post Reuters reveals PepsiCo ends Pepsi, 7UP production in Russia months after promising halt over Ukraine […]

Reuters exclusively reported an offshore bondholders’ group of cash-strapped Kaisa is offering up to $2 billion to acquire stalled housing projects of the Shenzhen-based developer to facilitate their completion.  The post Reuters reveals offshore creditors of Chinese developer Kaisa offer $2 bln to take over stalled projects appeared first on Reuters News Agency.

Reuters was first to report German utilities RWE and Uniper are close to striking long-term deals to buy liquefied natural gas (LNG) from Qatar’s North Field Expansion project to help replace Russian gas. Talks between Germany and Qatar have been fraught with differences over key conditions such as the length of contracts and pricing, but […]

Reuters was first to report some contractors helping French power giant EDF to inspect and repair its corrosion-hit nuclear reactors are planning to relax their rules on radiation exposure limits so that their workers can spend more time on the job. EDF, which is rushing to get its fleet of nuclear power stations ready for […]

Reuters exclusively revealed that Citigroup has submitted a comprehensive multiyear plan to the Federal Reserve and the Office of the Comptroller of the Currency outlining steps to fix weaknesses in its risk management and internal controls. Sources said the plan aims to address a 2020 directive from the Fed demanding that the bank correct several […]