STRESA, Italy (Reuters) - U.S. Treasury Secretary Janet Yellen said on Thursday that G7 finance ministers will discuss their concerns about China's excess industrial capacity and potential responses, adding that without policy changes in Beijing their economies will be hit with a flood of cheap Chinese goods.
"This week will be a key opportunity to discuss how China’s macroeconomic imbalances and industrial overcapacity can affect our economies,"... (continue reading...)
MOSCOW (Reuters) - The Kremlin said on Thursday said President Vladimir Putin had not had any contact with Donald Trump, after the former U.S. president said he would use his ties with Putin to get Wall Street reporter Evan Gershkovich freed from a Russian prison.
Trump wrote on his social media platform Truth Social that this would happen soon after the November election in the United States, when he is seeking to defeat President Joe Biden and return... (continue reading...)
BRUSSELS (Reuters) - Oreo maker Mondelez International was fined 337.5 million euros ($365.72 million) by EU antitrust regulators on Thursday for impeding cross-border trade of chocolate, biscuits and coffee products between EU countries.
The European Commission said Mondelez had abused its dominant position in breach of EU antitrust laws.
"Mondelez's illegal practices prevented retailers from being able to freely source products in... (continue reading...)
By Jarrett Renshaw
(Reuters) - U.S. President Joe Biden and Kenyan President William Ruto will announce on Thursday investments in green energy and health manufacturing in the east African nation and a plan to reduce its debt burden, a senior U.S. administration official said.
Ruto arrived in the U.S. on Wednesday as part of three-day state visit that includes bilateral talks with Biden on Thursday followed by a lavish state dinner in... (continue reading...)
By David Shepardson
WASHINGTON (Reuters) - The US Commerce Department said on Thursday it plans to grant $75 million to Absolics for constructing a 120,000-square-foot facility in Georgia that will supply advanced materials to the country's semiconductor industry.
The planned award to the semiconductor packaging provider, an affliate of SKC Co, which in turn is part of South Korea's second-largest conglomerate SK Group, is to come from... (continue reading...)
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Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
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Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
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Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
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Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
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Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
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Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
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Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
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Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
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Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
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Rishi Sunak and Keir Starmer hit campaign trail as UK election race begins
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Rishi Sunak and Keir Starmer to hit campaign trail as UK election race begins
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