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UK

Norway lifts rates to 2.25%, expects smaller hikes ahead

A view shows the building of Norway’s central bank (Norges Bank) in Oslo, Norway, June 23, 2022. REUTERS/Victoria Klesty Register now for FREE unlimited access to Reuters.com Register Norges Bank hikes by 50 bps to 2.25% Plans thee more hikes of 25 bps each More gradual hikes warranted Sees drop in non-oil GDP next year […]

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Life Style

EXCLUSIVE Investigation into IDB chief supports allegations of relationship with staffer- sources

A man stands next to a screen with the logo of Banco Interamericano de Desarrollo (BID) at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso Register now for FREE unlimited access to Reuters.com Register MEXICO CITY/WASHINGTON, Sept 20 (Reuters) – An independent investigation found evidence that the Inter-American Development Bank’s (IDB) […]

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UK

Norway’s wealth fund tells firms to set net zero emission goals

A general view of the Norwegian central bank, where Norway’s sovereign wealth fund is situated, in Oslo, Norway, March 6, 2018. REUTERS/Gwladys Fouche/File Photo Register now for FREE unlimited access to Reuters.com Register Firms it invests in must cut emissions to net zero by 2050 Plan is in line with the Paris Agreement Follows proposal […]

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UK

Breakingviews – Norway gas lifeline for Europe is the smart move

Oil and gas company Statoil gas processing and CO2 removal platform Sleipner T is pictured in the offshore near the Stavanger, Norway, February 11, 2016. REUTERS/Nerijus Adomaitis/File Photo Register now for FREE unlimited access to Reuters.com Register MILAN, Sept 9 (Reuters Breakingviews) – Cash-rich neighbour Norway may play a part in solving Europe’s gas woes. […]

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World

Top U.S. general urges vigilance as Russia weighs Ukraine setbacks

A Ukrainian serviceman stands at a Polish self-propelled howitzer Krab, amid Russia’s attack on Ukraine in Kharkiv region,Ukraine September 13, 2022. REUTERS/Gleb Garanich Register now for FREE unlimited access to Reuters.com Register A MILITARY BASE IN POLAND, Sept 18 (Reuters) – The top U.S. general cautioned on Sunday it remained unclear how Russia might react […]

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Technology

SEC charges VMware with misleading investors by obscuring financial performance

3D printed clouds and figurines are seen in front of the VMware cloud service logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 12 (Reuters) – The U.S. Securities and Exchange Commission said on Monday it has charged cloud computing company VMware Inc […]

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UK

Norway wealth fund CEO: unprecedented level of turmoil, inflation, geopolitical problems

STAVANGER, Norway, Aug 30 (Reuters) – The chief executive of Norway’s $1.2 trillion sovereign wealth fund said on Tuesday the fund was witnessing more turmoil, accelerating inflation and geopolitical problems than it had ever seen before. Register now for FREE unlimited access to Reuters.com Register Reporting by Nora Buli and Gwladys Fouche, editing by Terje […]

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World

Ukraine hopes for more foreign aid by end of 2022

FILE PHOTO – Ukrainian Prime Minister Denys Shmygal speaks during a news briefing following talks with Polish Prime Minister Mateusz Morawiecki in Kyiv, Ukraine February 1, 2022. REUTERS/Valentyn Ogirenko Register now for FREE unlimited access to Reuters.com Register KYIV, Aug 23 (Reuters) – Ukraine expects a further $12-$16 billion of financial support from foreign partners […]

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Technology

Apple supplier Foxconn to invest $300 mln more in northern Vietnam – media

A motorist passes by a Foxconn office building in Taipei, Taiwan, July 14, 2020. REUTERS/Ann Wang/File Photo Register now for FREE unlimited access to Reuters.com Register HANOI, Aug 20 (Reuters) – Apple supplier Foxconn (2317.TW) has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City (KBC.HM) to expand its facility in […]

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Technology

Caste in California: Tech giants confront ancient Indian hierarchy

OAKLAND, Calif, Aug 15 (Reuters) – America’s tech giants are taking a modern-day crash course in India’s ancient caste system, with Apple (AAPL.O) emerging as an early leader in policies to rid Silicon Valley of a rigid hierarchy that’s segregated Indians for generations. Apple, the world’s biggest listed company, updated its general employee conduct policy […]