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By Jayshree P Upadhyay MUMBAI, Sept 4 (Reuters) – India’s markets regulator has started hearing representations as it seeks to recover gains from trades it suspects benefited from prior knowledge of Hindenburg Research’s scathing report about Adani Group, two people with knowledge of the matter said. The Securities and Exchange Board of India (SEBI) in 2024 said U.S.-based Kingdon Capital Management built short positions in Adani-related stocks through a Mauritius-based […]

By Laurie Chen, Solomon Cefai, Trevor Hunnicutt and Lewis Jackson BEIJING/SINGAPORE/WASHINGTON, Sept 4 (Reuters) – Some Chinese rare earth suppliers are declining to ship to the U.S. for fear of repercussions from Beijing, three sources said, underscoring how access to the materials remains an issue for the U.S. weeks before President Xi Jinping visits Washington. U.S. officials have repeatedly asked China to stick to commitments made in Busan and Beijing […]

BANGKOK (AP) — The leader of Myanmar’s military-backed government is visiting Vietnam for talks with its leaders in his latest effort to normalize relations with the Association of Southeast Asian Nations and attract foreign investment. Min Aung Hlaing has stepped up diplomatic engagements since he was sworn in as president in April following an election that critics say was designed to cement the military’s hold on power. Since taking office, […]

COPENHAGEN, Sept 4 (Reuters) – Denmark said on Friday it expects to be ready by the end of 2027 to send migrants without legal residency to a return hub outside the European Union, as five EU countries prepare to finalise plans for such facilities. Immigration and Integration Minister Morten Bodskov will meet counterparts from Germany, Austria, the Netherlands and Greece, known as the “Group of Five”, in Copenhagen on Friday […]

VLADIVOSTOK, Sept 4 (Reuters) – Igor Sechin, chief of Russia’s top oil producer Rosneft, said on Thursday that China, not OPEC, has stabilized global oil markets by reducing crude imports by 5.5 million barrels per day this year. Sechin, the most influential Russian energy manager and a long-standing ally of President Vladimir Putin, was speaking at a Russian – Chinese business forum in the far eastern city of Vladivostok. “This […]

FRANKFURT, Sept 4 (Reuters) – German police reacted to two fresh suspected attempts against the country’s electricity grid, newspaper Bild reported on Friday, heightening the nation’s state of alert after an attempted drone attack at Leipzig airport that Berlin has blamed on Russia. Bild cited local police as saying an attempt had been made to short-circuit a power grid installation in Dormagen, a city in the western state of North […]

By Aditya Kalra NEW DELHI, Sept 4 (Reuters) – India on Friday ordered a Nepali billionaire’s company popular for its Wai Wai noodles to discontinue some products after an investigation found its factory used unhygienic “floor-collected, broken noodles” in making its Indian snacks.  The crackdown is part of an unprecedented food safety drive in India, where federal and state officials are taking strict action against big and small eateries and […]

By Christoph Steitz FRANKFURT, Sept 4 (Reuters) – Shares in Volkswagen were up 7% in early trade in Frankfurt after the supervisory board of Europe’s largest automaker late on Thursday struck a major turnaround agreement that averted an escalation with unions and shareholder Lower Saxony. The deal on the biggest restructuring in the group’s 89-year history includes a further 50,000 job cuts, bringing the group’s total to 100,000, and leaves […]

PARIS, Sept 4 (Reuters) – French Health Minister Stephanie Rist said on Friday that there were around 7,000 excess deaths recorded during the blistering heatwaves that hit the country this summer as of late July, adding that final data will be available in the coming weeks. The country’s health agency had estimated the excess deaths during the period between June 17 and July 2 at 5,764. (Reporting by Inti Landauro, […]