The British government is in advanced talks with Japanese carmaker Nissan about providing it financial support in return for a long-term commitment and investment in its Sunderland plant, five sources with knowledge of the discussions said.
Middle East oil producers face a reckoning. The Iran war exposed the dangers of relying on a single chokepoint for vital oil and gas exports, leaving Gulf governments with a clear strategic imperative: diversify – at all costs.
Chaiyaporn Arunrasamee hunched over his fishing nets, overlooking the waters of the Andaman Sea, where Thailand’s government is proposing an ambitious “Land Bridge” that will ferry goods between ports on opposite sides of the peninsula.
Japan is ready to respond appropriately to exchange-rate moves at any time, the government’s top spokesperson said on Thursday as the yen’s renewed slide tests Tokyo’s resolve to prop up the sagging currency.
Oil prices fell in early trading on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran’s oil, resolving the largest energy supply disruption in history.
Asian stocks were steady and oil prices dipped on Thursday as investors assessed progress toward ending the war in the Middle East after the presidents of the U.S. and Iran signed an interim peace deal, though uncertainties still hovered.
Russia accused Ukraine of conducting a deadly drone strike on a bus carrying Belarusian schoolchildren on Wednesday, an allegation that Ukraine’s military said was “false”.
U.S. President Donald Trump on Wednesday described Chinese President Xi Jinping and Russian President Vladimir Putin as “neutral” during the war with Iran, saying they had not thwarted his efforts to curb Tehran’s nuclear ambitions.