Economic News

By Aftab Ahmed NEW DELHI (Reuters) -India’s financial crime-fighting agency has opened an investigation into alleged violations of foreign exchange rules by the BBC, a source told Reuters on Thursday, months after tax officials searched the broadcaster’s Mumbai and Delhi offices.

LONDON (Reuters) – Britain’s economy failed to grow as expected in February but a bounce in January was stronger than first thought, official data showed on Thursday.

By Sonia Rolley KINSHASA (Reuters) – Congolese women and children have been raped and subjected to other abuses during a mass expulsion of migrant workers from Angola to Democratic Republic of Congo, a doctor, officials and the United Nations said.

(Reuters) – Swiss fragrance and flavour maker Givaudan on Thursday reported quarterly like-for-like sales above expectations, saying it started the year with good business momentum while maintaining operations and global supply chain at a high level.

MOSCOW (Reuters) – Russia plans to ban shares in defence companies from so-called “unfriendly” countries from being traded on Moscow exchanges, business newspaper Vedomosti reported on Thursday, citing a senior member of the country’s parliament.

(Reuters) – Pakistan will struggle to break out of a cycle of ongoing debt repayments without reform, former Pakistan Prime Minister Imran Khan told the Financial Times in an interview.

By Nick Carey LONDON (Reuters) – Legacy automakers got off to a late start with their commercial electric vans, opening the door for other electric commercial vehicle (ECV) makers to gain a foothold, as the Maxus brand from China’s SAIC Motor Corp has done in Europe.

By Francesco Guarascio HANOI (Reuters) – China is not participating in a United Nations project to survey Asian wet markets and other facilities at high risk of spreading infectious diseases from wild animals to humans, despite long-running talks with Beijing, a UN official told Reuters.

TOKYO (Reuters) – A casino resort project in Osaka, western Japan, is in the final stages of the government’s approval process, Prime Minister Fumio Kishida told reporters on Thursday.

NEW DELHI (Reuters) – A soldier died of a gunshot wound at a military base in India’s northern border state of Punjab, but it was not related to the killing of four soldiers there hours earlier, the Indian army said on Thursday.

(Reuters) – Apple Inc has significantly increased its production of iPhones in India, accounting for almost 7% of its total iPhone production, up from 1% in 2021, Bloomberg News reported on Thursday.

A look at the day ahead in European and global markets from Tom Westbrook

By Chris Taylor NEW YORK (Reuters) – Face it, we could all use a little help with our money. So who better to ask for personal finance advice than a couple of the most powerful chatbots on the planet?

TAIPEI (Reuters) – China’s plan to set up a no-fly zone to the north of Taiwan on April 16 will affect about 33 flights, Taiwan’s official central news agency reported, citing the island’s transport minister, Wang Kwo-tsai.

JAKARTA (Reuters) – The chair of the Association of Southeast Asian Nations (ASEAN) said on Thursday the bloc “strongly condemns” a military air strike this week on a village in Myanmar, which is reported to have killed up to 100 people including civilians.

By Stella Qiu SYDNEY (Reuters) – Australia employment blew past expectations for a second month in March while the jobless rate held near 50-year lows, an unambiguously strong report that suggests the central bank’s tightening campaign may not be over yet.

By Andrea Shalal WASHINGTON (Reuters) – Global creditors, debtor nations and international financial institutions on Wednesday agreed to improve data-sharing, set clearer timetables and take other steps aimed at jumpstarting debt restructuring processes.

By Raphael Satter WASHINGTON (Reuters) – Instant messaging platform Discord said on Wednesday it was cooperating with U.S. law enforcement’s investigation into a leak of secret U.S. documents that has grabbed attention around the world.

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever.

TOKYO (Reuters) – The Japanese government said the emergency evacuation warning it issued and later retracted against residents of the northern island of Hokkaido after a North Korean missile launch on Thursday morning was appropriate and not an error.