DUBAI (Reuters) – Iran said on Monday removal of U.S. sanctions is Tehran’s red line in nuclear talks with world powers in Vienna to revive a 2015 nuclear deal, an Iranian foreign ministry spokesman told a news conference, adding that talks will resume…
UK house prices rise at slowest pace since June – Halifax
LONDON (Reuters) – British house prices last month grew at their slowest pace since June last year, rising by 0.3% from December, mortgage lender Halifax said on Monday. House prices in January were 9.7% higher than a year earlier, matching December’s …
French group Faurecia aims for sales of over 33 billion euros in 2025
PARIS (Reuters) – French automotive group Faurecia said it would aim for sales of above 33 billion euros ($37.72 billion) in 2025, at an operating profit margin of above 8.5%, as it marked the completion of its takeover of German car parts supplier Hel…
In Philippines election, late dictator’s son aims to restore family pride
By Karen Lema MANILA (Reuters) -As frontrunner in the Philippines’ presidential race, the son of late dictator Ferdinand Marcos appears poised to complete a remarkable rebranding of the family name 36 years after a “people power” uprising ended his fat…
Aurubis confirms 85% quarterly profit rise, raised earnings forecast
HAMBURG (Reuters) – Aurubis AG, Europe’s largest copper producer, on Monday confirmed a rise of about 85% in quarterly profits and repeated increased earnings estimates for its new financial year as high metal prices and strong output boosted results. …
Easing curbs in ‘COVID-zero regions’ could cause 2 million deaths in a year – China study
By David Stanway SHANGHAI (Reuters) -Restoring normal population mobility to “COVID-zero regions” like China will cause some 2 million deaths in a year and the key to controlling the virus is developing vaccines that are better at preventing infection,…
Blinken with Pacific trip aims to reaffirm U.S. focus on Asia
By Humeyra Pamuk and David Brunnstrom WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken will aim with a trip to the Pacific this week to remind the world that Washington’s strategic long-term focus remains with the Asia-Pacific region despi…
Oil falls on positive signals from U.S.-Iran talks
By Laura Sanicola (Reuters) -Oil prices fell from seven-year highs on Monday as concerns over tight supply were offset by signs of progress in nuclear talks between the United States and Iran, which could lead to the removal of U.S. sanctions on Irania…
Dollar, euro ease as rate hike expectations remain high
By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) -The dollar and euro edged down on Monday after a European Central Bank governor dampened a sudden turn last week in market expectations of a quick hike in interest rates that has lifted region…
Credit Suisse faces money laundering charges in trial of Bulgarian cocaine traffickers
By Brenna Hughes Neghaiwi and Silke Koltrowitz ZURICH (Reuters) – Credit Suisse will face charges in a Swiss court on Monday of allowing an alleged Bulgarian cocaine trafficking gang to launder millions of euros, some of it stuffed into suitcases. Swis…