U.S. accuses five firms in China of supporting Russia’s military

Smoke rises over the remains of a building destroyed by a military strike, as Russia’s attack on Ukraine continues, in Lysychansk, Luhansk region, Ukraine June 17, 2022. REUTERS/Oleksandr Ratushniak/File Photo Register now for FREE unlimited access to Reuters.com register WASHINGTON, June 28 (Reuters) – US President Joe Biden’s administration added five companies in China to … Read more

Tokyo June heatwave worst since 1875 as power supply creaks under strain

TOKYO, June 28 (Reuters) – Japan baked under scorching temperatures for a fourth successive day on Tuesday, as the capital’s heat broke nearly 150-year-old records for June and mandated power supply remained tight enough to raise the spectrum of cuts. The heatwave comes less than two weeks before a national election in which prices, including … Read more

Africa’s dream of feeding China hits hard reality

China aims to boost trade with Africa to help cut deficits African agricultural producers pushing for access to China Even with trade deals, protracted approvals hinder exports THIKA, Kenya, June 28 (Reuters) – Watching workers poke avocados from the treetops in an orchard owned by Kenyan agriculture firm Kakuzi, managing director Chris Flowers reveals in … Read more

China slashes COVID quarantine time for international travellers

BEIJING/SHANGHAI, June 28 (Reuters) – China slashed the quarantine time for inbound travelers by half on Tuesday, in a major easing of COVID-19 curbs that have deterred cross-border travel and resulted in international flights running at just 2% of pre-pandemic levels. Quarantine at centralized facilities has been cut to seven days from 14, and subsequent … Read more

Macron tells Biden that UAE, Saudi can barely raise oil output

GARMISCH-PARTENKIRCHEN, Germany, June 28 (Reuters) – Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he had been told by the UAE’s president. Saudi Arabia and the UAE have been perceived as the only two countries in the Organization of … Read more

Iran applies to join China and Russia in BRICS club

Iran applies to join BRICS Russia says West is failing Argentina also applied to join BRICS – Russia DUBAI/LONDON, June 28 (Reuters) – Iran, which holds the world’s second largest gas reserves, has applied to join the BRICS group of Brazil, Russia, India, China and South Africa that Beijing and Moscow cast as a powerful … Read more

Stocks swing higher as China eases quarantine rules

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying graphs (top) of Nikkei index outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com register HONG KONG, June 28 (Reuters) – Asian shares swung into positive territory … Read more

Rescuers dig for survivors after Russian missiles pound Ukrainian shopping mall

Strike on mall not accidental, Zelenskiy says Russian attack on eastern city kills eight: Ukraine G7 leaders promise nearly $30 bln in new aid for Kyiv KREMENCHUK, Ukraine, June 28 (Reuters) – Firefighters and soldiers searched on Tuesday for survivors in the rubble of a shopping mall in central Ukraine after a Russian missile strike … Read more

Taiwan’s GlobalWafers to invest $5 bln in new silicon wafer plant in Texas

TAIPEI, June 28 (Reuters) – Taiwan’s GlobalWafers Co Ltd (6488.TWO) will spend $5 billion on a new plant in Texas to make silicon wafers used in semiconductors, switching to the United States after a failed European investment. The company said late Monday the new plant, manufacturing 300-millimeter silicon wafers, would start being built later this … Read more

Chlorine gas leak kills at least 10, injures 251 at Jordan port

June 27 (Reuters) – At least 10 people died and 251 were injured in a chlorine gas leak from a storage tank at Jordan’s Aqaba port, officials and state media reported on Monday, as authorities called on residents to shut windows and stay indoors. The leak came after a tank filled with 25 tonnes of … Read more