By Reuters Staff MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Friday allegations of rape made against one of his party’s gubernatorial hopefuls appeared to be politically motivated, batting away suggestions that the candidacy be withdrawn. An ethics committee within the ruling National Regeneration Movement (MORENA) has ordered an investigation into the […]
Kennedy Gondwe BBC News, Lusaka President Edgar Lungu has called for increased local control over the ownership of mines in the country. Mining is the backbone of the southern African nation but most mines are owned by foreign firms. Mr Lungu, who is visiting the Copperbelt region, said this must change. “We will ensure to […]
By Soutik Biswas India correspondent In 1996, Michael Jackson played to a packed audience in Mumbai in what was to be his only performance in India. Some 35,000 fans attended the show in a sports arena on the first day of November. Jackson’s 17-song concert in Mumbai (then called Bombay) was part of his 83-show […]
Lion Air plane crash Boeing has agreed to pay $2.5bn (£1.8bn) to settle US criminal charges that it hid information from safety officials about the design of its 737 Max planes. The US Justice Department said the firm chose “profit over candour”, impeding oversight of the planes, which were involved in two deadly crashes. About $500m […]
By Reuters Staff BENGALURU (Reuters) – Growth in India’s dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment, a private survey showed on Wednesday. Asia’s third-largest economy has been gradually recovering from a coronavirus-induced recession but is not expected to return to pre-pandemic […]
By Reuters Staff SHANGHAI (Reuters) – Bitcoin traded above $35,000 for the first time in Asia on Wednesday, rising to a high of $35,879 and extending a rally that has seen the digital currency rise more than 800% since mid-March. The world’s most popular cryptocurrency crossed $20,000 for the first time ever on Dec. 16. […]
By Hyonhee Shin SEOUL (Reuters) – North Korean leader Kim Jong Un said his five-year economic plan had failed to meet its goals “on almost every sector” as he kicked off a congress of the ruling Workers’ Party, state media KCNA reported on Wednesday. The rare political gathering, which Kim last hosted in 2016, has […]
By Estelle Shirbon, Natalie Thomas LONDON (Reuters) – Britain began its third COVID-19 lockdown on Tuesday with the government calling for one last major national effort to defeat the spread of a virus that has infected an estimated one in 50 citizens before mass vaccinations turn the tide. Finance minister Rishi Sunak announced a new package […]
Iran nuclear deal Iran has resumed enriching uranium to 20% purity, in its most significant breach yet of the 2015 nuclear deal with world powers. The global nuclear watchdog confirmed that the process had begun at the underground Fordo plant on Monday. Enriched uranium can be used to make reactor fuel but also nuclear bombs. […]
Tata Group has increased its stake in AirAsia India as it looks to increase its share of India’s airline industry. On Tuesday the company announced it would increase its holdings in the Indian-based joint venture with AirAsia from 51% to 84%. AirAsia, owned by Malaysian tycoon Tony Fernandes, has been scaling back its operations during […]