Economic News

(Reuters) – Sentenced on Monday to 25 years in prison on charges including treason, Vladimir Kara-Murza joined a growing list of Russians who have received long jail terms after speaking out against President Vladimir Putin or the invasion of Ukraine. Here are some of the most

SHANGHAI (Reuters) – China’s auto market, the world’s largest, is accelerating toward an electric future – leaving established global brands stuck in the slow lane.

By Aidan Lewis and Khalid Abdelaziz KHARTOUM (Reuters) – Fighting has erupted in Sudan’s capital Khartoum and at other sites across the country as powerful rival military factions battle for control, increasing the risk of a nationwide civil war.

By Lisa Baertlein LOS ANGELES (Reuters) – California’s bustling seaports, dominated by massive container vessels and soaring cranes, may seem an unlikely setting for investors seeking to capitalize on the “green” revolution.

(Reuters) – Gary Gensler, the chair of the U.S. Securities and Exchange Commission, said that hedge funds and other parts of the shadow banking system need to face greater scrutiny after last month’s upheaval in U.S. government bonds, the Financial Times reported on Saturday.

WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear Novartis Pharmaceuticals Corp’s bid to revive a key patent on its blockbuster multiple sclerosis drug Gilenya that was invalidated amid a legal dispute with China’s HEC Pharm Co Ltd.

LONDON (Reuters) -The British parliament’s Commissioner for Standards opened an investigation into Prime Minister Rishi Sunak earlier this month, according to a list of open inquiries posted on its website on Monday.

(Reuters) – Russian opposition figure Vladimir Kara-Murza was convicted of treason by a Moscow court on Monday and sentenced to 25 years in prison.

By Luc Cohen NEW YORK (Reuters) -A U.S. judge on Monday rejected former President Donald Trump’s request to delay a scheduled April 25 trial over whether he defamed former Elle magazine columnist E. Jean Carroll by denying he raped her.

By Seun Sanni LAGOS (Reuters) – Nigerian aviation employees on Monday blocked roads to the domestic terminal of Lagos airport, slowing traffic and threatening to delay flights as they began a two-day strike in protest over working conditions and wages.

HONG KONG/LONDON (Reuters) – HSBC’s biggest shareholder Ping An is likely to vote in favour of splitting the bank up at its annual investor meeting on May 5, a source familiar with the Chinese insurer’s thinking said on Monday.

WASHINGTON (Reuters) – The wife of Kremlin critic Vladimir Kara-Murza said on Monday that the 25-year prison sentence a Russian court handed him was recognition of the effectiveness of his work and showed that authorities fear him.

DUBLIN (Reuters) – Ryanair does not expect to see major disruption this summer on account of Boeing’s decision to halt deliveries of 737 MAX jets over quality issues, a senior executive told Irish broadcaster RTE on Monday.

(Reuters) – Teck Resources Ltd has been approached by a unit of Vale SA, Anglo American Plc and Freeport-McMoRan Inc to explore deals if a planned split of the company happens, The Globe and Mail reported on Sunday, citing two sources familiar with the discussions.

By Brendan O’Brien (Reuters) – Five people wounded in a late-night shooting at a teenage birthday celebration in rural Alabama remained in a critical condition early on Monday, hospital authorities said.

(Reuters) – Slovakia’s government banned the import of grains and other farm products from Ukraine on Monday, but will keep borders open for transit to third markets, Agriculture Minister Samuel Vlcan said on Monday.

FRANKFURT (Reuters) – Germany’s crude oil imports rose 8.5% in 2022 as Europe’s biggest economy recovered from the COVID-19 pandemic and the bill for its purchases soared as oil prices surged, official data showed on Monday.

UNITED NATIONS (Reuters) – The United Nations Yemen mediator said on Monday there is the most serious opportunity in eight years to make progress toward ending the conflict, but warned that the “tide could still turn unless the parties take bolder steps toward peace.”

BEIJING (Reuters) – China is highly concerned about heightened Israeli-Palestinian conflict and favours the two sides resuming peace talks as soon as possible, Foreign Minister Qin Gang said on Monday.

WASHINGTON (Reuters) – The New York Federal Reserve said on Monday its barometer of manufacturing activity in New York State increased for the first time in five months in April as measures of new orders and shipments surged.