AD HOC EXPORT restrictions on essential medical supplies, especially since the onset of the pandemic early last year, is prompting multiple Indian manufacturers and suppliers of these goods to explore the option of setting up alternate manufacturing bases outside the country to service their customers. Hindustan Syringes and Medical Devices (HMD), the country’s biggest syringe…Continue Reading
The Department of Telecommunications (DoT) has amended the Unified License Agreement asking telecom and Internet service providers as well as all other telecom licensees to maintain commercial and call detail records for at least two years, instead of the current one-year practice. The additional time, sources said, was based on requests from multiple security agencies.…Continue Reading
Students receive gifts from an elephant during a the visit of five elephants in Santa Claus costumes with giant face masks delivering hand sanitizers and promoting a “get vaccinated” message at a primary school, in the historical city of Ayutthaya, Thailand, December 24, 2021. REUTERS/Soe Zeya TunRegister now for FREE unlimited access to Reuters.comAYUTTHAYA, Thailand…Continue Reading
Register now for FREE unlimited access to Reuters.comMOSCOW, Dec 24 (Reuters) – The Russian rouble firmed to a more than one-month high in light trade on Friday but stocks nodded lower, pressured by low appetite for risks and lingering concerns about the geopolitical standoff between Moscow and the West.At 0726 GMT, the rouble was 0.1%…Continue Reading
Register now for FREE unlimited access to Reuters.comDec 24 – Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comEUROPEAN STOCK FUTURES DIP ON CHRISTMAS EVE (0734 GMT)European shares look set to ease slightly after rising this week amid expectations that…Continue Reading
Register now for FREE unlimited access to Reuters.comNEW DELHI, Dec 24 (Reuters) – Asia’s naphtha crack snapped a two-day winning streak on Friday in thin trade, and posted a weekly loss of more than 6% after European inventories jumped by 12%.The crack plunged to $150.63 a tonne from $156.05 in the last session. Singapore markets…Continue Reading
Kenya Central Bank Governor Patrick Njoroge displays the newly designed 1000 Kenyan shilling bank note(L)near the old note, during a news conference at the Central Bank in Nairobi, Kenya, June 3, 2019. REUTERS/Baz RatnerNAIROBI, Dec 24 (Reuters) – Kenya’s shilling was unchanged on Friday, in quiet trade with a lot of participants staying away ahead…Continue Reading
The logo of Gazprom company is seen at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, June 2, 2021. REUTERS/Evgenia NovozheninaMOSCOW, Dec 24 (Reuters) – The board of Russia’s Gazprom has approved signing a memorandum with Linde (LIN.N), and RusKhimAlyans to build a third line at a liquefied natural gas (LNG) plant…Continue Reading
Register now for FREE unlimited access to Reuters.comBANGKOK, Dec 24 (Reuters) – Thailand reported on Friday its first domestic cluster of coronavirus infections from the Omicron variant in Kalasin province in northeastern Thailand, officials said.“From the Kalasin cluster, there are 21 new infections,” said country’s COVID-19 taskforce spokeswoman Apisamai Srirangsan.The infections stem from a couple…Continue Reading
The China Evergrande Centre building sign is seen in Hong Kong, China December 7, 2021. REUTERS/Tyrone SiuRegister now for FREE unlimited access to Reuters.comHONG KONG, Dec 24 (Reuters) – The shareholding of China Evergrande Group’s (3333.HK) chairman in its property services unit has fallen to 58.18% from 60.96% after forced selling of pledged shares by…Continue Reading