HARARE (Reuters) - Zimbabwe will fine businesses using inflated exchange rates as the government battles to maintain the value of its newly introduced gold-backed currency, the Zimbabwe Gold (ZiG).
Any business using an exchange rate higher than the official rate of 13.5 ZiG per U.S. dollar will be liable for a fine of 200,000 ZiG ($14,815), according to a government notice seen by Reuters.
Anyone offering "goods or services at an... (continue reading...)
BEIJING (Reuters) - China's military said it closely monitored and "drove away" USS Halsey that entered the territorial waters of Paracel Islands in the South China Sea on May 10, the Southern Theater Command of the People's Liberation Army said in a statement on Friday.
The U.S. Navy's 7th Fleet did not immediately respond to a request for comment.
(Reporting by Beijing newsroom; Editing by Jacqueline Wong)
(Reuters) - European shares opened at a record high on Friday, led by energy companies and miners, setting the benchmark index for its biggest weekly gain since late January on growing interest rate cut bets in the region.
The pan-European STOXX 600 climbed 0.5% in a broad-based rally, eyeing a 2.8% weekly gain.
Earlier this week, the Bank of England hinted at summer rate cuts and Sweden's Riksbank delivered its first cut since 2016. Last... (continue reading...)
By Dave Graham
ZURICH (Reuters) - An upcoming Ukraine peace summit, ostensibly the most ambitious bid in years by neutral Switzerland to mediate a major conflict, is instead showing how Swiss economic and security interests increasingly align with Western Europe over Russia.
This is the view of both Swiss advocates of closer cooperation with Western powers and nationalist opponents who say Switzerland is abandoning its neutral tradition... (continue reading...)
SHANGHAI (Reuters) - Chinese venture capitalists have warned the country's IPO freeze is starving tech startups of funds by keeping market participants locked into existing investments, undermining Beijing's current push to lift innovation in the economy.
Venture capital firms said at the three-day ChinaVenture Investment Conference in Shanghai that they were struggling to recoup investment through the traditional route of initial public offerings.
... (continue reading...)More Reuters
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Blinken report expected to say Israel is not breaking weapons terms, Axios reports
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Pandemic treaty talks to the wire, likely to miss first deadline, sources say
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence
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Analysis-Why German politicians are facing growing violence