Gasoline shortages in Russia that have sent prices higher will soon be resolved, minister says

MOSCOW (Reuters) -Russian Finance Minister Anton Siluanov said on Monday that he was confident that gasoline shortages which have caused an increase in the pump price at filling stations will soon be overcome. Prices for gasoline, which are tightly monitored by the authorities, are up 10.2% since the start of the year, partly due to …

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Chinas Exporte wachsen trotz Handelsstreits überraschend stark

Peking (Reuters) – Chinas Exporte haben im September trotz des andauernden Handelsstreits mit den USA überraschend stark zugelegt.Die Ausfuhren stiegen zum Vorjahresmonat um 8,3 Prozent, wie die Zollbehörde am Montag mitteilte. Von Reuters befragte Analysten hatten nur mit plus sechs Prozent gerechnet. Auch die Importe wuchsen mit 7,4 Prozent deutlich stärker als mit 1,5 Prozent …

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Moldova’s prime minister says he will not seek new term following election

CHISINAU (Reuters) -Moldovan Prime Minister Dorin Recean said on Monday he would not seek a new term, paving the way for a new head of government following the pro-Western governing party’s victory in a parliamentary election. President Maia Sandu’s Party of Action and Solidarity (PAS) secured a majority in the election on September 28, and …

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Explainer-Afghanistan-Pakistan is the latest conflict Trump wants to solve. Why has it erupted?

By Saeed Shah ISLAMABAD (Reuters) -Border clashes over the weekend between Afghanistan and Pakistan led to the deaths of dozens of soldiers, the most serious clash between the two countries since the Taliban seized power in Kabul in 2021, and gained the attention of U.S. President Donald Trump. By Monday, the exchange of fire had ceased.  …

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Tesla’s Shanghai gigafactory begins production ramp-up in Q4

BEIJING (Reuters) -Tesla’s Shanghai gigafactory, its largest manufacturing hub globally, has begun production ramp-up in the fourth quarter, Tesla vice president Tao Lin said in a Weibo post on Monday. The U.S. automaker’s China-made electric vehicle sales rose 2.8% in September from a year earlier, ending a two-month decline as its new six-seater began deliveries …

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Airlines face $11 billion supply chain hit in 2025, IATA says

By Tim Hepher and Joanna Plucinska PARIS/LONDON (Reuters) -Global airlines face more than $11 billion in extra costs from supply chain disruption this year, a leading industry group said on Monday, in a report likely to rekindle debate over competition in the $250-billion aerospace industry. The study by the International Air Transport Association, produced with …

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Indian shares fall on IT losses, US-China tariff woes; Sept inflation data in focus

By Bharath Rajeswaran and Vivek Kumar M (Reuters) -Indian shares inched lower on Monday, weighed down by IT stocks and tracking losses in Asia after the United States issued fresh tariff threats against China, while investors awaited domestic retail inflation data for September. The Nifty 50 was down 0.23% at 25,227.35, while the BSE Sensex …

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UK’s Lloyds raises motor finance mis-selling charge by $1.1 billion

LONDON (Reuters) -Britain’s Lloyds Banking Group said on Monday it would take an additional charge of 800 million pounds ($1.1 billion) to compensate customers for the motor finance mis-selling scandal, bringing its total provision to 1.95 billion pounds. The lender, one of the biggest players in motor finance, had previously set aside about 1.15 billion …

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