(Reuters) – Myanmar’s former leader Aung San Suu Kyi received a four-year jail term on Monday, the first verdict in numerous cases brought against her since she was ousted in a Feb. 1 military coup. Her sentence was later reduced by the military junta leader to two years’ detention in her current location, which has …
Factbox: Legal cases against Myanmar’s Aung San Suu Kyi Read More »
By Arunima Kumar (Reuters) -Oil producer ConocoPhillips said on Monday it expects to return 16% more capital to shareholders next year, and added a new variable return of cash to its plans, underscoring the energy industry’s focus on shareholder returns over spending. Oil and gas companies have either raised their dividends or announced share buybacks, …
ConocoPhillips forecasts 16% rise in 2022 shareholder returns Read More »
WASHINGTON (Reuters) – Six countries including the United States expressed concern on Monday over reports of widespread arrests by Ethiopia of Tigrayan citizens based on ethnicity in connection with the country’s year-old conflict, urging the government to stop acts they said likely violate international law. The United States, Britain, Canada, Australia, Denmark and the Netherlands …
U.S., five other countries urge Ethiopia to cease illegal detentions Read More »
BANGKOK (Reuters) – Myanmar’s deposed leader Aung San Suu Kyi was sentenced on Monday to two years in detention on charges of incitement and breaching coronavirus restrictions in a case her supporters called politically motivated. She was orginally sentenced to four years in prison but the military junta leader reduced it two years’ detention in …
Reactions to conviction, sentencing of Myanmar’s Aung San Suu Kyi Read More »
WASHINGTON (Reuters) -Six countries including the United States expressed concern on Monday over reports of widespread arrests by Ethiopia of Tigrayan citizens based on ethnicity in connection with the country’s year-old conflict, urging the government to stop acts they said likely violate international law. The United States, Britain, Canada, Australia, Denmark and the Netherlands cited …
U.S., five other countries urge Ethiopia to cease illegal detentions Read More »
By Hadeel Al Sayegh, Lisa Barrington and Alexander Cornwell DUBAI (Reuters) – Uber Technologies is in talks with the management of its Middle East unit Careem to bring outside investors into the business, four sources familiar with the matter said. Careem’s ownership structure following the planned investment was not immediately clear, though sources said Uber …
Exclusive-Uber in talks with Mideast unit over outside investment – sources Read More »
LONDON (Reuters) – China, widely seen as an exporter of disinflation for the past two decades, is likely to drive higher inflation in coming years, the chief investment officer of Neuberger Berman said on Monday. “The common prosperity drive may be another driver of inflation,” Eric Knutzen told the annual Reuters Investment Outlook Summit, referring …
China GDP to slow, will become inflation exporter, money managers say Read More »
BERLIN (Reuters) – Germany’s progressive Greens on Monday voted in favour of joining a coalition government with the centre-left Social Democrats (SPD) and the pro-business Free Democrats (FDP), paving the way for Olaf Scholz to become chancellor. A coalition agreement between the three parties that will govern Germany for the next four years foresees large …
Germany’s Greens vote for tie-up to make Scholz chancellor Read More »
By Susanna Twidale LONDON (Reuters) – National Grid’s Electricity System Operator (ESO) is reviewing the way Britain’s power generators are paid to ensure the market remains balanced after several recent high-cost days, it said on Monday. British energy prices have reached record highs this year as global gas prices have soared, forcing multiple British energy …
Britain’s National Grid to review electricity balancing costs Read More »
(Reuters) -U.S.-based hedge fund Engine Capital LP is pushing Kohl’s Corp to consider a sale of the company or separate its e-commerce division to improve its lagging stock price. Engine Capital, which owns about 1% stake in Kohl’s, said on Monday the department store has underperformed both the S&P 500 and other retailers in recent …
Engine Capital pushes Kohl’s to review sale, separate e-commerce business Read More »
