Czech former PM Babis pledges cheap energy, lower pension age in bid to win back power

By Jan Lopatka OSTRAVA, Czech Republic (Reuters) -The main Czech opposition party ANO, headed by business tycoon and former prime minister Andrej Babis, pledged on Thursday to cap energy prices, lower the pension age and reduce taxes for individuals and companies as it launched a final push to win back power next month. ANO is …

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UK asset manager Ashmore’s annual profit drops despite reduced outflows

(Reuters) -Emerging markets-focused asset manager Ashmore reported a lower full-year adjusted pretax profit on Friday, despite a reduction in net outflows as investors rebalanced their portfolios away from the U.S. on global market volatility. The group reported adjusted profit before tax of 70.1 million pounds ($94.70 million) in the year ended June 30, compared with …

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Germany’s Hansgrohe plans to quadruple India production as China sales slow

By Dhwani Pandya MUMBAI (Reuters) -German bath fittings maker Hansgrohe will quadruple its India production as it aims to target rich and affluent Indians, just when it is facing a slowdown in its other key market of China, top company executives said. India has emerged as a hotspot for the likes of Hansgrohe, American giant …

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El partido gobernante de Japón decidirá el futuro de Shigeru Ishiba el lunes

Por Leika Kihara TOKIO, 5 sep (Reuters) -Los diputados del partido gobernante de Japón votarán el lunes si se celebran unas elecciones extraordinarias sobre el liderazgo de la formación que podrían destituir al asediado primer ministro Shigeru Ishiba y tener un impacto significativo en la cuarta mayor economía del mundo. La preocupación por la incertidumbre …

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Indian Oil skips US crude, buys Nigerian, Mideast oil via tender, say sources

NEW DELHI/SINGAPORE (Reuters) -Top Indian refiner Indian Oil Corp skipped the purchase of U.S. oil in its latest tender and instead bought 2 million barrels of West African and a million barrels of Middle Eastern grade, trade sources said on Friday. The state refiner also bought one million barrels each of Nigerian oil grades Agbami …

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