Archive August 2013

Russia escalates dispute with Belarus after CEO’s arrest

Russia escalates dispute with Belarus after CEO’s arrest

Published 30/08/2013

MOSCOW (Reuters) - Russia banned pork imports from Belarus on Friday, stepping up a diplomatic and trade war over the arrest of a Russian businessman [more…]

Analysis: Grand Kenya port plan faces headwinds despite oil finds

Analysis: Grand Kenya port plan faces headwinds despite oil finds

Published 30/08/2013

LAMU, Kenya (Reuters) - A mega-port project on the north Kenyan coast conceived in the 1970s may finally be gaining traction based on commercial oil [more…]

Dollar firm, oil eases as action on Syria looks delayed

Dollar firm, oil eases as action on Syria looks delayed

Published 30/08/2013

LONDON (Reuters) - Upbeat economic data from the United States kept the dollar near a four-week high against major currencies on Friday though oil prices [more…]

Zurich Insurance CFO named Ackermann in suicide note

Zurich Insurance CFO named Ackermann in suicide note

Published 30/08/2013

ZURICH (Reuters) - The finance chief of Zurich Insurance, Pierre Wauthier, named chairman Josef Ackermann in his suicide note, the company confirmed on Friday as [more…]

France says ready to punish Syria despite British no vote

France says ready to punish Syria despite British no vote

Published 30/08/2013

PARIS (Reuters) - France said on Friday it still backed action to punish Syrian President Bashar al-Assad's government for an apparent poison gas attack on [more…]

China urges no U.N. action on Syria before probe completed

China urges no U.N. action on Syria before probe completed

Published 30/08/2013

BEIJING (Reuters) - China said there should be no rush to force U.N. Security Council action against Syria until a probe by U.N. experts into [more…]

Exclusive: Emerging markets planning joint offshore FX intervention – Indian official

Exclusive: Emerging markets planning joint offshore FX intervention – Indian official

Published 30/08/2013

NEW DELHI (Reuters) - India is liaising with other emerging-economy countries on a plan to co-ordinate intervention in offshore currency markets blamed for fuelling a [more…]

Italy names architect Piano, conductor Abbado Life Senators

Italy names architect Piano, conductor Abbado Life Senators

Published 30/08/2013

ROME (Reuters) - Italian architect Renzo Piano, one of the creators of the futuristic Pompidou Centre in Paris, and Claudio Abbado, former director of the [more…]

Indian PM Singh says economy can weather rupee storm

Indian PM Singh says economy can weather rupee storm

Published 30/08/2013

NEW DELHI/MUMBAI (Reuters) - India's prime minister sought to quell talk of currency crisis on Friday, after the rupee plumbed record lows as it notched [more…]

Dollar index steady near 4-week high- better data may help

Published 30/08/2013

LONDON (Reuters) - The dollar held steady near four-week highs versus a basket of currencies on Friday, underpinned by expectations that upbeat U.S. data would [more…]