Economy

Ukrainian businesses in emerging Europe eye westward expansion

By Michael Kahn and Anna Koper PRAGUE/WARSAW (Reuters) – Ukrainian businesses that set up or expanded in central Europe after Russia’s 2022 invasion are shifting their focus from mainly refugee to local customers as they become more established, with some…

Malaysia, Singapore announce deal on Johor economic zone

By Danial Azhar KUALA LUMPUR (Reuters) – Malaysia and Singapore announced on Tuesday an agreement on a special economic zone in the southern Malaysian state of Johor, aiming to support investment and free up movement of goods and people between…

US cyber watchdog says no indication breach at Treasury hit other federal agencies

By Raphael Satter WASHINGTON (Reuters) – The U.S. cyber watchdog agency CISA said on Monday there was “no indication” the recently reported breach at the U.S. Treasury Department had affected any other federal agency. Late last month the U.S. Treasury…

Indonesia joins BRICS bloc as full member, Brazil says

SAO PAULO (Reuters) -Indonesia will formally join BRICS as a full member, Brazil’s government said on Monday, further expanding the group of major emerging economies that also includes Russia, India, China and South Africa. Indonesia’s foreign ministry said in a…

China’s top diplomat heads to Africa as West’s attention dwindles

BEIJING (Reuters) – China’s top diplomat began his annual New Year tour of Africa on Sunday, maintaining a 35-year-long tradition, to quietly advance Beijing’s already sizeable influence across the resource-rich continent as Europe’s presence wanes and America’s wavers. While global…

Norway PM worried by Musk involvement in politics outside US

OSLO (Reuters) – Norway’s Prime Minister Jonas Gahr Stoere said on Monday that it is worrying that Elon Musk directly involves himself in domestic political issues in countries outside of the United States. “I find it worrying that a man…