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Ineos will suspend operations at three chemical plants in Hull, UK, blaming high European gas prices that have made production too expensive. The plants employ almost 4,000 people and make chemicals used in medicines, clothing, cosmetics, detergents, building materials and explosives. Chairman Jim Ratcliffe said Europe
Contemporary Amperex Technology Co., Limited (CATL) has begun trial production at its second battery plant in Hungary.
A former Belarusian security official is due in a Swiss court on Tuesday as an appeal begins against his acquittal on charges of participating in the forced disappearance of opposition figures in Belarus. A Swiss court acquitted Yuri Harauski in 2023 of involvement in the 1999 disappearance of three men while working i
President Donald Trump will meet leaders of Greenland and Denmark on Tuesday to sign a deal allowing a larger U.S. military presence on the strategically located island and potentially ending a standoff over its security.
Taiwan's export orders rose 71.4% year-on-year to a record $103.0 billion in August, marking the first time they exceeded $100 billion in a single month. This surge was driven by strong demand for AI and high-performance computing applications, reflecting Taiwan's dominant role in the global AI chip and technology supp
Technology shares were boosted by renewed optimism over AI, with Meta Platforms' stock soaring more than 11%. However, rising oil prices and bond yields limited broader market gains. The dollar also rose against the yen as hopes for a Bank of Japan rate hike faded.
The French day-ahead baseload power contract rose 193.58% to €160 per megawatt hour on Tuesday due to low wind and hydro power generation across the continent.
Prime Minister Andy Burnham said his government would argue for Britain to be a "trusted partner" to the European Union's 'Made in Europe' scheme, which aims to curb reliance on Chinese components by prioritizing European-made goods.
Russia struck industrial heartland sites in Ukraine overnight, killing four people and injuring six, with another attack cutting power to thousands in the north, Ukrainian officials said. Moscow also targeted industrial enterprises in the cities of Dnipro, Kryvyi Rih and Pavlohrad in the southeastern region of Dniprope
The Reserve Bank of India likely intervened in the foreign exchange market on Tuesday, six traders said, keeping up its market interventions to support the currency. The rupee was at 95.8150 per dollar. State-run banks were spotted offering dollars, most likely on behalf of the RBI. The central bank also likely conduct
UN experts said Nicaragua's state institutions have coordinated to carry out enforced disappearances, torture and arbitrary detention of political opponents, constituting crimes against humanity. The report documented imprisonment, torture and persecution on political grounds as part of a widespread and systematic atta
Pope Leo begins a four-day visit to France on Friday, aiming to bolster the Catholic Church's standing after a 2021 report revealed widespread child abuse by clergy.
President Donald Trump is due to meet leaders of Greenland and Denmark on Tuesday to sign a deal allowing a larger US military presence on Greenland. The agreement is expected to open two new military sites and could end the standoff over the strategically located island.
SINGAPORE, Sept 22 (Reuters) — For spot tender news stories, click HOIL-O/TEND-O For Naphtha tenders: NAP/TENDA Gasoline MOG/TENDA Fuel Oil FUEL/TENDA To access the Oil Fundamentals Database, click: ** OUTSTANDING ASIA/MIDEAST GASOIL/JET TENDERS ** ISSUER GRADE: VOLUME: DATE: CLOSE (VALID) South Korea/GS Caltex SELL: j
South Sudan President Salva Kiir signed amendments to the country's election law, removing requirements that linked elections to the completion of a permanent constitution and a national census. The changes are intended to clear the way for general elections scheduled for December 22.
A table shows French utility EDF's nuclear reactors are experiencing outages. Out of France's 62,990 MW of nuclear capacity from 57 reactors, Reuters estimates 18,645 MW, or about 30%, is offline.
Survivors of a Nigeria detention incident say guards sprayed an unidentified substance into a crowded cell, ignoring cries for help. At least 37 detainees, many teenagers, died in the cell, triggering protests and an investigation ordered by President Bola Ahmed Tinubu. Some senior officials have been suspended.
Volodymyr Zelenskiy will meet Donald Trump at the United Nations in New York on Tuesday to push for an energy truce with Russia.
Luxury sports car maker Porsche has become Volkswagen's biggest problem, creating a road bump for CEO Oliver Blume's restructuring plans. Volkswagen issued its latest profit warning on Friday, tying it to a €6 billion ($6.9 billion) writedown on its 75% stake in Porsche.
A power struggle has emerged within India's Tata group between its holding company, Tata Sons, and its controlling shareholder, Tata Trusts, raising fundamental questions about corporate governance and shareholder rights.
Sept 22 (Reuters) — The following is a list of refinery incidents reported in the United States as of Sept 21: Phillips 66 Sweeny Refinery And Petrochemical Complex Reports Unit 3 Planned Startup... Exxon Mobil Joliet refinery units restart in progress a week after power outage... BP's oil refinery in Whiting, Indiana,
* Hong Kong shares of Alibaba Group surge 5.1% to HK$118.3, their highest level since August 21 * Stock set for biggest one-day pct gain since August 3 in the third straight session of gains * Second biggest pct gainer in benchmark Hang Seng Index, which rises 0.6% * Chief Executive Eddie Wu says Alibaba plans to train
AceVector, parent of Indian e-commerce company Snapdeal, is seeking a valuation of up to 17.41 billion rupees ($181.71 million) in a trimmed initial public offering that will open for public subscription on September 25. The company has set a price band of 30 to 32 rupees for its 4.2 billion rupee ($43.84 million) IPO.
Alibaba Group plans to train a new artificial intelligence model with between 5 trillion and 10 trillion parameters and unveiled its Zhenwu V900 AI chip.
Nike-owned Converse has pulled an advertisement after critics said it evoked imagery of Black lynchings by the Ku Klux Klan, ABC News reported on Monday. The ad showed a white garment resembling a KKK robe and black sneakers, with some social media users saying the lighting made the sneakers appear suspended as though
Charges against five former and current Stanford University students related to a 2024 pro-Palestinian demonstration will be dismissed if they complete community service and pay restitution.
Most Bangladeshi garment makers have seen production hit by gas and power shortages, with many buyers cutting orders or halting production. However, one supplier, 4A Yarn Dyeing, has largely avoided disruption due to its own power generation, including solar. The government recently raised fuel prices by up to 17.4% du
China and Europe should not fight trade wars as they are comprehensive strategic partners, Chinese Foreign Minister Wang Yi told his German counterpart in a call, according to a statement from Beijing. Germany's foreign ministry said the two ministers agreed that a stable global economy is in China's, Germany's and Eur
Raymond James has hired several managing directors from Jefferies' consumer and retail investment banking unit, including Drew Weisman from the leveraged finance team and Steve Tricarico, Russ Shoemaker and Hub Orr from the consumer and retail team, according to sources familiar with the matter.
A jury found Jason Eaton guilty on three counts of attempted second-degree murder for the November 25, 2023, shootings of Hisham Awartani, Tahseen Aliahmad and Kinnan Abdalhamid in Burlington, Vermont. One victim was left paralyzed from the waist down.