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By Rajasik Mukherjee (Reuters) -New Zealand dairy giant Fonterra Co-operative raised its milk price forecast on Monday and said it would go ahead with a potential divestment of its global consumer business and integrated operations in Oceania and Sri Lanka, propelling its shares to a one-week high. Shares of the co-operative group rose as much …

Fonterra raises milk price forecast and confirms plans to exit consumer-facing business Read More »

By Gabriel Araujo and Johan Ahlander STOCKHOLM/RIO DE JANEIRO (Reuters) – Sweden has selected Embraer’s C-390 Millennium as its next military cargo aircraft, while Brazil intends to buy more Gripen fighter jets from Swedish defense company Saab, the European country’s government said. The letter of intent signed on Saturday comes after lengthy talks between the …

Sweden selects Embraer cargo plane, Brazil plans to buy more Saab fighters Read More »

By Charlotte Van Campenhout AMSTERDAM (Reuters) – Dutch Prime Minister Dick Schoof will miss the COP29 climate summit after clashes in Amsterdam this week between Israeli soccer fans and pro-Palestinian protesters as his government investigates if warning signs from Israel were missed. “I will not be going to Azerbaijan next week for the UN Climate …

Dutch PM to skip climate summit during probe into soccer violence Read More »

(Reuters) – Russia is working on a plan to merge state-backed Rosneft Oil with Gazprom Neft and Lukoil, creating the world’s second-biggest crude oil producer, the Wall Street Journal reported on Friday. Talks between executives and government officials took place over the past few months, and a deal may or may not happen, the newspaper …

Russia explores plan to merge Rosneft with Gazprom subsidiary and Lukoil, WSJ reports Read More »

(Reuters) -Microsoft-backed OpenAI’s popular chatbot ChatGPT was back up after an outage affected thousands of users, the company said on Friday. “Issues with ChatGPT have now been resolved,” OpenAI said in a statement on its website. Access was restored to most users by 4:34 p.m. PT (0034 GMT on Saturday), OpenAI said, adding that a …

OpenAI’s ChatGPT back up after brief outage Read More »

(Reuters) -Credit ratings agency Fitch on Friday raised its outlook on Spain to “positive” from “stable”, citing improving structural factors that are likely to bolster the country’s GDP growth potential and resilience against external shocks. “Positive labour market trends boosted by strong net migration and reform, improved competitiveness, and the absence of macro-financial imbalances, underpin …

Fitch moves to ‘positive’ outlook on Spain Read More »