Author: Reuters

[ad_1] © Reuters. FILE PHOTO: A view of the Port of Bangkok, Thailand, March 25, 2016. Image taken March 25, 2016. REUTERS/Athit Perawongmetha By Kitiphong Thaichareon and Orathai Sriring BANGKOK (Reuters) – Thailand’s customs-based exports contracted for a fifth straight month however by lower than forecast in February, as the worldwide economic system slowed, with shipments anticipated to drop additional within the first half of the 12 months, the Commerce Ministry stated on Thursday. Exports, a key driver of progress, dropped 4.7% in February from a 12 months earlier, higher than a 6.9% fall forecast in a Reuters ballot, and…

[ad_1] © Reuters. FILE PHOTO: Parked vehicles are seen on the Vauxhall plant because the outbreak of the coronavirus illness (COVID-19) continues, in Ellesmere Port, Britain March 16, 2020. REUTERS/Phil Noble (Reuters) – British automotive manufacturing rose 13.1% in February in its first month-to-month improve in three, helped by an easing of supply-chain snags and sturdy output in each home and abroad markets. Britain’s automotive output rose by 8,050 models to 69,707 models vehicles final month, with exports rising 11.5% and home output leaping 20.3%, the Society of Motor Producers and Merchants (SMMT) stated in a press release on Thursday.…

[ad_1] © Reuters. FILE PHOTO: Swiss financial institution UBS CEO Sergio Ermotti addresses a information convention in Zurich, Switzerland February 20, 2020. REUTERS/Arnd Wiegmann By John Revill ZURICH (Reuters) – UBS Group AG (SIX:) has rehired Sergio Ermotti as CEO to steer its large takeover of neighbour Credit score Suisse – a shock transfer to benefit from the Swiss banker’s expertise rebuilding the financial institution after the worldwide monetary disaster. The dealer turned company drawback fixer faces the robust problem of shedding hundreds of workers, reducing again Credit score Suisse’s funding financial institution and reassuring the world’s rich that UBS…

[ad_1] 3/3 © Reuters. U.S. Vice President, Kamala Harris, delivers a speech as she arrives on the Kotoka Worldwide Airport to start her journey to Ghana, Tanzania and Zambia, in Accra, Ghana, March 26, 2023. REUTERS/Francis Kokoroko 2/3 By Francis Kokoroko ACCRA (Reuters) -The USA will present $100 million to Ghana and 4 different West African nations to assist them cope with violent extremism and instability, Vice President Kamala Harris mentioned on Monday throughout a go to to Ghana. Harris was in Accra initially of a week-long, three-nation African tour, the most recent in a sequence of visits by senior…

[ad_1] © Reuters. FILE PHOTO: Smartphone is seen in entrance of Microsoft brand displayed on this illustration taken, July 26, 2021. REUTERS/Dado Ruvic/Illustration/File Photograph (Reuters) -Microsoft Corp has threatened to chop off entry to its internet-search information, which it licenses to rival engines like google, if they don’t cease utilizing it as the idea for their very own synthetic intelligence chat merchandise, Bloomberg Information reported on Friday. The corporate has advised a minimum of two prospects that utilizing its Bing search index – a map of the web that may be scanned in actual time – to feed their AI…

[ad_1] © Reuters. FILE PHOTO: A normal view of skyline buildings, in Hong Kong, China July 13, 2021. REUTERS/Tyrone Siu By Jessie Pang HONG KONG (Reuters) – Hong Kong police on Sunday permitted a small protest march underneath tight restrictions in one of many first demonstrations to be accredited for the reason that enactment of a sweeping nationwide safety legislation in 2020. A number of dozen demonstrators had been required to put on numbered lanyards and had been barred from carrying masks, as police monitored their march in opposition to a proposed land reclamation and garbage processing undertaking. Contributors chanted…

[ad_1] By Idrees Ali and Phil Stewart WASHINGTON (Reuters) -President Joe Biden on Friday warned Iran that america would “act forcefully” to guard People, after the U.S. army carried out air strikes in opposition to Iran-backed forces in retaliation for an assault in Syria. Later, officers stated that one other U.S. service member was wounded on Friday within the newest tit-for-tat strike between Iran-backed forces and U.S. personnel in Syria. That comes on prime of seven casualties on Thursday, which Washington blamed on a drone of Iranian origin, and included an American contractor being killed and 5 U.S. troops and…

[ad_1] 2/2 © Reuters. FILE PHOTO: Deutsche Financial institution brand and reducing inventory graph are seen on this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photograph 2/2 By Amanda Cooper, Sruthi Shankar and Amruta Khandekar (Reuters) – Banking shares fell sharply in Europe on Friday with heavyweights Deutsche Financial institution (ETR:) and UBS Group pummelled by worries that the worst issues within the sector because the 2008 monetary disaster haven’t but been contained. Deutsche Financial institution fell for a 3rd day, sinking greater than 11% after a pointy bounce in the price of insuring the German big’s bonds towards the…

[ad_1] © Reuters. FILE PHOTO: Passersby stroll previous an electrical monitor displaying Japan’s Nikkei share common and up to date actions outdoors a financial institution in Tokyo, Japan, March 22, 2023. REUTERS/Issei Kato By Stella Qiu SYDNEY (Reuters) – Asian shares have been decrease on Friday as lingering banking stability considerations gripped Wall Road, whereas bonds guess the current slew of price hikes by central banks might be among the many final of the cycle, permitting for coverage reduction later within the yr. MSCI’s broadest index of Asia-Pacific shares outdoors Japan fell 0.6%% on Friday, erasing a few of the…

[ad_1] © Reuters. Clients wait in line outdoors a department of the Silicon Valley Financial institution in Wellesley, Massachusetts, U.S., March 13, 2023. REUTERS/Brian Snyder (Reuters) – Buyers stepped cautiously into financial institution shares on Tuesday, emboldened by the rescue of Credit score Suisse, with share costs inching tentatively greater amid persevering with issues about smaller U.S. lenders and additional monetary market ructions. DEVELOPMENTS * Consideration now on this week’s assembly of the U.S. Federal Reserve, with merchants questioning whether or not the central financial institution’s relentless price hikes – blamed by some for sparking the disaster – may be…