Author: Reuters
By Stanley Widianto JAKARTA (Reuters) -Asia’s youngest nation East Timor is set to achieve a decades-long dream when it becomes the 11th member of ASEAN this weekend, which analysts say is a win politically although the economic benefits remain to be seen. East Timor, Southeast Asia’s poorest nation …Read More
This week: Economic growth, defence investment, quantum technologies and moreRead More
Ukraine’s international bonds rallied on Thursday after the United States and Europe adopted new sanctions against Russia and ahead of a key EU summit. The 2035 issue saw the biggest gains, up 1.42 cents to be bid at 49.93 cents on the dollar, Tradeweb data showed. On Wednesday, Washington ramped u…Read More
STORY: European aerospace groups have unveiled an initial deal to pool their loss-making satellite manufacturing activities.They’ll combine forces after months of negotiations to counter the runaway growth of rivals led by Elon Musk’s Starlink.The keenly awaited deal between Airbus, Thales and Leonardo aims to forge a new venture starting from 2027.Although it’s subject to approval by European regulators who have resisted such moves in the past.The unnamed new entity will employ 25,000 people across Europe.And the companies said they expect annual revenues of over $7.5 billion based on last year’s figures.Their statement added that Airbus will hold 35% of the…
The two big Teslas were removed from the Euro configurator in July, but now they’re back, boasting improvements and more gadgets.Read More
Donald Trump has imposed restrictions on Russia’s two largest oil firms, while the EU has adopted a ban on LNG importsRead More
The body of Cheryl Grimmer, originally from Bristol, has never been discoveredRead More
Headline CPI stayed at 3.8% as slower grocery inflation—helped by monthly falls in rice, bread and cereal—was offset by higher air fares and transport costs.Read More
The four survivors to quit the inquiry’s panel said they would only return if Phillips was removedRead More
China’s Yulong Petrochemical faces cancelled oil deals from major suppliers like Saudi Aramco and TotalEnergies following UK sanctions. This pivot is expected to increase its reliance on Russian crude, which already constitutes about half of its intake. The refiner’s ability to secure non-sanctioned supplies is now in question.Read More