Israel’s bulky pager fooled Hezbollah
Business

Israel’s bulky pager fooled Hezbollah

An invisible detonator and wafer-thin plastic explosives turned batteries into bombs BEIRUT, Oct 16 (Reuters) – The batteries inside the weaponised pagers that arrived in Lebanon at the start of the year, part of an Israeli plot to decimate Hezbollah, had powerfully deceptive features and an Achilles’ heel. The agents who built the pagers designed […]

Jailed Malaysian ex-PM Najib needs “proper” medical care, says daughter
Business

Jailed Malaysian ex-PM Najib needs “proper” medical care, says daughter

© Reuters. FILE PHOTO: Former Malaysian Prime Minister Najib Razak speaks during a news conference at the Federal Court in Putrajaya, Malaysia August 18, 2022. REUTERS/Hasnoor Hussain/File Photo KUALA LUMPUR (Reuters) – The daughter of former Malaysian Prime Minister Najib Razak on Monday called for “proper” medical care for her jailed father, three weeks into… […]

Ukraine’s Zelenskiy to speak with IMF chief on Tuesday -sources
Business

Ukraine’s Zelenskiy to speak with IMF chief on Tuesday -sources

© Reuters. FILE PHOTO – IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity, at the Vatican, February 5, 2020. REUTERS/Remo Casilli WASHINGTON (Reuters) – Ukrainian President Volodymyr Zelenskiy will speak with International Monetary Fund Managing Director Kristalina Georgieva on Tuesday, two sources familiar with the plan told… […]

Fed set for another 75-basis-point rate hike; early pivot unlikely: Reuters poll
Business

Fed set for another 75-basis-point rate hike; early pivot unlikely: Reuters poll

Please try another search Economy 5 hours ago (Sep 12, 2022 08:11PM ET) © Reuters. Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) – The Federal Reserve will deliver another 75-basis-point interest rate hike next week and likely hold its policy… […]

Focus: Air travel boom creates crosswinds for air cargo
Business

Focus: Air travel boom creates crosswinds for air cargo

Aug 18 (Reuters) – Air cargo enjoyed record demand when COVID-19 closed borders and snarled supply chains. Now, it is reeling from overcapacity and tumbling freight rates as the freight boom makes a hard landing.Consumers who had the means to spend the lockdown shopping online for goods needing to be delivered, diverting budgets from restaurants… […]

Ethiopian Airlines to manufacture parts in venture with Boeing
Business

Ethiopian Airlines to manufacture parts in venture with Boeing

An Ethiopia’s Airlines Boeing 737 Max 8 plane to take off on a demonstration trip to resume flights from the Bole International Airport in Addis Ababa, Ethiopia February 1, 2022. REUTERS/Tiksa Negeri Acquire Licensing RightsNAIROBI, Aug 18 (Reuters) – Ethiopian Airlines will start manufacturing aircraft parts in a venture with Boeing (BA.N) at an initial… […]

Australian wine industry faces hangover from China’s high tariffs
Business

Australian wine industry faces hangover from China’s high tariffs

Bottles of Australian wine are seen at a store selling imported wine in Beijing, China November 27, 2020. REUTERS/Florence Lo/File Photo Acquire Licensing RightsSYDNEY, Aug 18 (Reuters) – Australia’s wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and export bottlenecks during the COVID-19… […]

Chocolate makers’ prospects sour as cocoa prices spike
Business

Chocolate makers’ prospects sour as cocoa prices spike

LONDON/NEW YORK, Aug 18 (Reuters) – Chocolate makers like Hershey (HSY.N) and Mondelez (MDLZ.O) face tougher trading conditions over the next year as they attempt to pass on soaring cocoa costs to cash-strapped consumers who are cutting back.The industry has enjoyed bumper profits over the past couple of years as demand for chocolate held up… […]

China’s EV makers face cost and consumer challenges to conquer Europe
Business

China’s EV makers face cost and consumer challenges to conquer Europe

Chinese EV makers growing market share in Europe, target moreChinese brands unlikely to be able to sell as cheaply as at homeImport costs and low brand recognition pose challengesBERLIN, Aug 18 (Reuters) – China’s electric vehicle (EV) makers, which have raced past foreign rivals to top sales rankings at home, are arriving in Europe –… […]