Italy Picks Certares-led Bid For Exclusive ITA Airways Talks
Italy has picked a group led by U.S. private equity fund Certares, backed by Air France-KLM and Delta Air Lines Inc, for exclusive talks on buying a majority stake in ITA Airways, the Treasury said on Wednesday.
Toyota Triples Planned Investment To $3.8 Billion In U.S. Battery Plant
Toyota Motor Corp will boost its planned investment in a new U.S.
Afghan Taliban, A Year After U.S. Pullout, Seek World's Approval
Afghanistan's Taliban marked the first anniversary of the withdrawal of U.S.-led forces on Wednesday by calling on the international community to "learn" from the experience and accept them as the legitimate government.
Special Report-Insiders Reveal How Erdogan Tamed Turkey's Newsrooms
When President Tayyip Erdogan's son-in-law suddenly quit as finance minister in late 2020, four staff in Turkey's leading newsrooms said they received a clear direction from their managers: don't report this until the government says so.
West Mourns Gorbachev As Peace Champion, Russia Remembers Failures
Mikhail Gorbachev was mourned in the West on Wednesday as a towering statesman who helped to end the Cold War, but his death received a cool response in Russia, engaged in a war with Ukraine to regain some of the power it lost when he presided over the Soviet Union's collapse.
U.S. Labor Day Weekend Travel Volumes Seen Rebounding To Pre-pandemic Levels
The number of people traveling for the U.S. Labor Day holiday weekend is expected to rebound to pre-pandemic levels and possibly set new records in some cases, according to several travel companies.
California Braces For Another Run Of Extreme Heat
A record-breaking heat wave is expected to hit California on Wednesday, bringing temperatures of up to 115 degrees Fahrenheit (46?C) in the state's inland valleys and 100 degrees along the coast over the Labor Day weekend, the National Weather Service (NWS) said.
Volkswagen To Trim Executive Board To Nine Members In Bid To Sharpen Focus - Sources
Volkswagen's supervisory board agreed on Tuesday evening to remove two seats from the carmaker's 12-person management board, three people familiar with the matter said on Wednesday, adding that a decision was not yet finalised.
UK Energy Bill Help Won't Lower Inflation, Statisticians Rule
British government energy bill rebates for households cannot be viewed as lowering inflation, official statisticians said on Wednesday, ruling out the possibility of a modest reduction to rates of price growth that are running at 40-year highs.
Century-old Family Photo Studio Preserves Ghana's History In Black And White
A generation before the Gold Coast became Ghana, local photographer J.K.
Ryanair 'Hopeful' Of Return To Pre-COVID Profit Level This Year
Ryanair is hopeful but not certain of returning to pre-COVID profit levels of over 1 billion euros ($1 billion) this year as travelers trade down to low-cost services, Chief Executive Michael O'Leary told Reuters on Tuesday.
Foreign Business Travel Missing Ingredient For Irish Hotel Recovery - Dalata
Executives at Ireland's large hub of multinational companies are still only going on a small fraction of the foreign business trips they made before the COVID-19 pandemic, the head of the country's largest hotel operator said.
Aid Groups In Pakistan Seek Easing Of Restrictions On Food Imports From India
International aid agencies struggling to help hundreds of thousands of people displaced by deadly floods in Pakistan have asked for the loosening of restrictions on imports of food from Pakistan's old rival India, a Pakistani minister said.
EU To Restrict Travel Rules For Russians, Split On How Far To Go
The EU's foreign policy chief on Wednesday urged bickering nations to settle their differences on restricting travel for Russian citizens, and said Europe must remain united in its defiance of Moscow six months after the invasion of Ukraine.
Japan Regulator To Enhance Bank Surveillance As Foreign Interest Rates Rise
Japan will step up surveillance of banks' risk control as interest rises abroad create latent losses in their foreign bond holdings, reflecting concerns about the impact of U.S.
Thailand Looks To Indian Weddings To Boost Tourism Revenue
Thailand hopes to boost its tourism revenue to between 600 billion-700 billion baht ($16 billion-$19 billion) by year-end, by targeting high-spending groups like Indian wedding parties and honeymooners, a senior tourism official said.
Exclusive-Lula Pushes Brazil-Indonesia-Congo COP Forest Alliance If Elected
Former Brazilian President Luiz Inacio Lula da Silva's aides are reaching out to Indonesia and the Democratic Republic of Congo to form a united front of countries with the most tropical rainforest at this year's U.N.
Ukraine Firefighters Adapt To Working In War Zone
Firefighters in Ukraine used to have the protocols, the experience and the kit to deal with whatever blaze they encountered. When the war with Russia broke out, that all changed.
North Korea's COVID Restrictions Intensify Human Rights Violations - U.N.
North Korea's coronavirus curbs have aggravated the country's human rights violations, a United Nations report said on Thursday, citing extra restrictions on access to information, tighter border security and heightened digital surveillance.
U.S., South Korea Stage Largest Combined Military Drills In Years
Less than 20 miles from the fortified border with North Korea, a combined force of South Korean and U.S.
Ukraine's Kuleba Urges EU To Ban Russian Tourists
The European Union should ban Russian tourists, Ukrainian Foreign Minister Dmytro Kuleba said on Wednesday, urging a step the bloc's foreign ministers gathered in Prague are unlikely to take due to deep divisions on the matter.
Singapore Sees The Rise Of Million-dollar Public Housing
Hundreds of public housing apartments in Singapore, one of the world's most expensive cities, are being sold for over one million Singapore dollars ($716,000) as COVID-related construction delays create a shortage of new units.
FTSE Russell Likely To Add South Korea To Watch List For Debt Index Inclusion -vice Minister
FTSE Russell is likely to add South Korea to a watch list in coming weeks for inclusion in its World Government Bond Index, the country's vice finance minister said on Wednesday, heralding a move that could bring huge inflows of foreign funds.
Analysis-Full Gas Storage No Fix For Europe's Winter Energy Crunch
The European Union is on track to beat targets for filling gas storage, but analysts warn the bigger factor for energy security this winter will be whether countries can slash consumption enough to ensure stored fuel lasts through the coldest months.
UK House Price Surge To End As Cost Of Living Crisis Bites - Reuters Poll
The surge in British house prices will come to an end next year as the cost of living crisis and rising borrowing costs put the brakes on what has been a buoyant market for years, a Reuters poll found.
Exclusive: Crisis-hit Sri Lanka Strikes Staff-level Pact With IMF On Loan - Sources
Sri Lanka and the International Monetary Fund (IMF) have reached a preliminary agreement on an emergency loan to the crisis-hit country and a formal announcement will be made on Thursday, four sources with direct knowledge of the matter said.
Analysis-Scientists Look To Solve Ozone Threat To Africa's Food Security
Plant scientist Felicity Hayes checks on her crops inside one of eight tiny domed greenhouses set against the Welsh hills.
Chile's President Says Mining Sector Tax Reform Up For Debate
Chilean President Gabriel Boric said in a speech late Tuesday that any changes in the country's tax law that would affect the mining sector are still up for discussion, with a vote scheduled in Congress in coming weeks.
This Decade's Oil Boom Is Moving Offshore - Way Offshore
Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canada's Atlantic coast.
Exclusive-Maxis And U Mobile Decline Offer To Take Stakes In Malaysia's 5G Agency -sources
Two of Malaysia's largest mobile carriers do not plan to take stakes in a state-owned 5G agency, three people familiar with the matter told Reuters - a setback that could further delay the country's rollout of 5G technology.