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Bosnia to guarantee $700 mln Chinese loan to power utility EPBiH
Under its guarantee terms, the government cited a 20-year loan repayment, including a five-year grace period, and a one-off payment by EPBiH of 47.6 million Bosnian marka ($27.7 million) into a regional guarantee fund.
Air France-KLM shares fall, Dutch pilots threaten to strike
AMSTERDAM/PARIS (Reuters) - Air France-KLM (AIRF.PA) shares fell on Friday in response to the hostile reception from unions to the company’s new boss Benjamin Smith, while the airline’s Dutch pilots threatened to strike over working conditions.FILE PHOTO: The Air France-KLM company logo is seen duri
Germany reaches deal with Greece on sending back migrants
“We have reached an agreement with Greece,” the spokeswoman said, adding that she would not be able to reveal any details before the deal was formally signed.
Greece set to exit bailout, still faces daunting challenges
ATHENS (Reuters) - Greece exits the last of its three bailouts on Aug. 20 and hopes to be able to borrow again in international markets after a nearly nine-year debt crisis that shrank the economy by a quarter and forced it to implement painful austerity measures. FILE PHOTO: Greek parliament emplo
The Philippines' president doesn't want US submarines because he says they'll 'implode' — so he's turning to Russia
The leader of a close US ally is turning to rival Russia for submarines, arguing that if his country were to buy American submarines, they would probably "implode."
Rolling summer blackouts weigh on Libya's struggling traders
A worker manufactures doors and windows of iron inside a workshop in Benghazi, Libya August 7, 2018. REUTERS/Esam Omran Al-Fetori
Actually, tariffs work — look no further than China's booming economy for proof
Some brief history. For the past 25 years, China has implemented every pillar of a protectionist trade agenda.Starting in 1994, Beijing deliberately undervalued its currency against the dollar to make Chinese exports cheaper in the US market. Itraised tariffson a wide range of U.S. goods, including
Netanyahu receives visit from police over corruption allegations
In return, Bezeq's subsidiary news site, Walla, allegedly provided positive Netanyahu coverage. The confidants have turned state witnesses.
Australian court quashes indigenous challenge to Adani mine
SYDNEY, Aug 17 (Reuters) - An Australian court quashed an indigenous group’s bid to block Indian resource conglomerate Adani Enterprises Ltd from developing its controversial Carmichael coalmine on Friday, clearing one of the final legal hurdles to its development.
Walmart asks some beauty suppliers to consider sourcing outside of China
In an email sent to some beauty suppliers on Aug. 7, seen by Reuters, the retailer asks if they have facilities outside China, and if not, whether they would consider investing in them, to broaden their sourcing ability.
Insiders say the press leaks during Google’s all-hands meeting backfired and handed Sergey Brin the moral high ground
Many Google employees were shocked to learn that one of their own was leaking real-time information to reporters during a company all-hands meeting on Thursday.Google managers and employees have a long tradition of not sharing what is said in all-hands meetings, known as TGIFs, but that changed on T
Nigel Farage falsely claimed an 'immigration crisis' had led to 'mass arson' and sex offences in Sweden
Nigel Farage began by saying, "Sweden, I think, has just about the most restricted press in the Western world. It's very difficult to get any objectivity from Swedish press. And certainly no criticism in mainstream Swedish media of government policy."
Why the drop in China's stock market might not reflect its economic reality
China's stock market is in terrible shape, but it may not reflect the state of the Chinese economy.National Economic Council directorLarry Kudlowraised eyebrows Thursday when he said in a Cabinet meeting with PresidentDonald Trumpthat China's economy "looks terrible."But does it really? Most estimat
Austria buys Siemens trains for up to 1.5 billion euros
FILE PHOTO: A TGV high-speed train built by Alstom is seen alongside a Siemens-built ICE high-speed train at Munich railway station, June 16, 2014. REUTERS/Lukas Barth/File Photo
Russia agriculture ministry meets grain exporters on volumes
Traders, including some who were at the meeting, said the ministry will consider curbing 2018/19 exports once they reach 30 million tonnes following a request from meat producing regions, but added no decision had been made about how this might be implemented.
Germany looks at easing immigration laws to fill skilled labor gaps
BERLIN (Reuters) - The German cabinet will soon decide on a proposal to make it easier for skilled workers from outside the European Union to move to Germany to take a job, a paper seen by Reuters shows, as Germany seeks to alleviate chronic labor shortages. Such plans could be sensitive in a count
Turnbull blinks on emissions legislation to stop rebels crossing the floor
If Turnbull had gone ahead with legislation, and enough backbenchers had crossed the floor to defeat the bill, it would have amounted to an effective vote of no confidence in his leadership.
METALS-Copper heads for worst week since early July
** GRAPHIC-2018 asset returns: http://tmsnrt.rs/2jvdmXl(Updates throughout, changes dateline from SINGAPORE) LONDON, Aug 17 (Reuters) - Copper inched lower on Friday, heading for its worst week since early July as strikes, including at the world's largest mine, seemed mostly resolved but a weaker do
Russian ruble weakens again on emerging market jitters
MOSCOW (Reuters) - The Russian ruble fell on Friday, despite rising oil prices, after emerging market currencies were dragged lower by the Turkish lira which slid more than 6 percent against the dollar. FILE PHOTO: A cashier holds new 200 rouble banknotes in a bank in Moscow, Russia November 21, 20
Turkey's industry ministry announces measures for industrials
ANKARA, Aug 17 (Reuters) - Turkey announced on Friday announced a new 16-artile support and measures plan in order to relieve the burden of an ongoing currency crisis on industrials, its Industry and Technology Ministry said.