INDS08

Some media blocked from covering Xi’s handover anniversary visit to Hong Kong

HONG KONG, June 29 (Reuters) – Journalists from more than seven organisations, including Reuters, have been blocked from covering official ceremonies to mark the 25th anniversary of Hong Kong’s handover from British to Chinese rule that President Xi Jinping is due to attend. A spokesperson for the Hong Kong government said the government was “striking …

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G7 aims to raise $600 billion to counter China’s Belt and Road

US President Joe Biden attends a working lunch with other G7 leaders to discuss shaping the global economy at the Yoga Pavilion, Schloss Elmau in Kuren, Germany, June 26, 2022. Kenny Holston/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register SCHLOSS ELMAU, Germany, June 26 (Reuters) – Group of Seven leaders on …

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Canada-owned Trans Mountain oil pipeline not profitable -budget officer

June 22 (Reuters) – The Canadian government-owned Trans Mountain oil pipeline is no longer profitable after cost over-runs and delays to its expansion project, the country’s parliamentary budget officer (PBO) said on Wednesday. A report from PBO Yves Giroux said the pipeline has a net present value of negative C$600 million (negative $463.03 million), based …

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Exclusive: Inside the hangar at the center of the $1 billion Airbus-Qatar jet dispute

DOHA, June 22 (Reuters) – Two high-tech Airbus A350 jets sit idle with their windows taped and engines covered in a floodlit hangar in the Gulf, hobbled by an international legal dispute between European industrial giant Airbus (AIR.PA) and Qatar’s national carrier. From a distance, the plans might seem like any other long-haul jetliners crowding …

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Rare Yellowstone closure from historic floods spells hardship for ‘gateway’ towns

CODY, Wyo., June 14 (Reuters) – Emergency crews scrambled on Tuesday to reopen roads and restore utilities in rural communities of Montana and Wyoming cut off by historic floods in the first natural disaster to force a summertime closure of Yellowstone National Park in 30 years. Major sections of the park’s northern half are expected …

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The Saudi investment king who no longer rules alone

Saudi wealth fund bought nearly 17% of Prince Alwaleed’s firm Sovereign fund likely to an active investor – sources PIF may benefit from Alwaleed’s investing style – analysts DUBAI, June 15 (Reuters) – The prince who’s the international face of Saudi business may no longer be able to call all the shots. For years, Prince …

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Swiss airports resume flights after air traffic control glitch

Flight departures are displayed in front of check-in counters at Zurich Airport, Switzerland July 10, 2021. REUTERS/Arnd Wiegmann Register now for FREE unlimited access to Reuters.com Register ZURICH, June 15 (Reuters) – Airports in Zurich and Geneva began to ramp up service on Wednesday after a technical problem with the air traffic control system halted …

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