German economy minister says Q2 slump shows ‘urgent need for action’

BERLIN (Reuters) -German Economy Minister Katherina Reiche called urgently for economic reforms on Friday after the federal statistics office reported a stronger-than-expected slump in gross domestic product in the second quarter. “The figures illustrate the urgent need for action,” Reiche said in a statement, adding that “further-reaching and bold structural reforms are essential if the …

German economy minister says Q2 slump shows ‘urgent need for action’ Read More »

Netanyahu says Israel to resume Gaza negotiations to end war and free hostages

By Nidal al-Mughrabi and Maayan Lubell CAIRO/JERUSALEM (Reuters) -Prime Minister Benjamin Netanyahu said on Thursday that Israel would immediately resume negotiations for the release of all hostages held in Gaza and an end to the nearly two-year-old war but on terms acceptable to Israel. It was Netanyahu’s first response to a temporary ceasefire proposal put …

Netanyahu says Israel to resume Gaza negotiations to end war and free hostages Read More »

Novonesis reports Q2 profits below market expectations

(Removes extraneous text between paragraphs 4 and 5) By Jesus Calero (Reuters) -Danish biotech company Novonesis reported second-quarter profits which were below market expectations, sending its shares down 7% on Wednesday. Global bioenergy markets are navigating shifting demand and pricing pressures, with some regions hit by inflation and evolving energy policies. In particular, India has …

Novonesis reports Q2 profits below market expectations Read More »

UK actor Noel Clarke loses libel lawsuit over sexual misconduct accusations

LONDON (Reuters) -British actor and filmmaker Noel Clarke lost his libel lawsuit against The Guardian newspaper on Friday over accusations of sexual misconduct towards women. London’s High Court ruled that the accusations were substantially true and that the reports were in the public interest. Clarke is best known for writing and starring in “Kidulthood” (2006), …

UK actor Noel Clarke loses libel lawsuit over sexual misconduct accusations Read More »

Alvarez & Marsal to triple global capability centre headcount in India, top exec says

By Sai Ishwarbharath B BENGALURU (Reuters) -Consulting firm Alvarez & Marsal plans to nearly triple its global capability centre staff in India to 2,000 by the end of 2028, a top executive told Reuters, joining a growing league of firms seeking to tap talent in the world’s most populous nation. Multinational companies are increasingly setting …

Alvarez & Marsal to triple global capability centre headcount in India, top exec says Read More »

El coste de las tropas y China, en el punto de mira de la reunión de Lee con Trump

Por David Brunnstrom, Idrees Ali y Ju-min Park WASHINGTON/SEÚL, 22 ago (Reuters) – Cuando el presidente surcoreano, Lee Jae-myung, se reúna con el presidente estadounidense, Donald Trump, la próxima semana para celebrar su primera cumbre, se le pedirá que pague más por el mantenimiento de las tropas estadounidenses en la península durante unas conversaciones que …

El coste de las tropas y China, en el punto de mira de la reunión de Lee con Trump Read More »

German government calls recognition of Palestinian state ‘counterproductive’

BERLIN (Reuters) -A German government spokesman said on Friday that Berlin has current no plans to recognise a Palestinian state because that would undermine any efforts to reach a negotiated two-state solution with Israel. “A negotiated two-state solution remains our goal, even if it seems a long way off today. … The recognition of Palestine …

German government calls recognition of Palestinian state ‘counterproductive’ Read More »

Rupee continues slide on looming US tariffs, posts marginal weekly loss

By Ashwin Manikandan MUMBAI (Reuters) – The Indian rupee weakened further on Friday against a stronger dollar ahead of a speech by Federal Reserve Chair Jerome Powell, capping a volatile week for the Asian currency that has been pressured by U.S. tariff-related uncertainties. The currency closed 0.3% lower on Friday at 87.5300, against its close …

Rupee continues slide on looming US tariffs, posts marginal weekly loss Read More »

India stock benchmarks log weekly gains on tax cut plan; Powell’s speech in focus

By Kashish Tandon (Reuters) -India’s stock benchmarks fell on Friday, as investors were cautious ahead of the U.S. Federal Reserve Chair Jerome Powell’s speech at the annual Jackson Hole symposium, but expectations of tax reforms helped the indexes log weekly gains. The Nifty 50 ended 0.85% lower at 24,870.10 points on the day, while the …

India stock benchmarks log weekly gains on tax cut plan; Powell’s speech in focus Read More »