Reuters

2022 - 8 - 12

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Brazil's Raizen quarterly profit more than doubles, beats expectations (Reuters)

Brazilian energy company Raizen SA said on Thursday its adjusted net income more than doubled in the fiscal first quarter, beating analysts' estimates.

Breakingviews: Wine IPO is a very rich toast to affluent India (Reuters)

Indians are developing a taste for wine, but it might be a drier than expected year ahead for Sula Vineyards , the country's largest producer and seller of ...

Stock held by entities related to Belgian investment firm Verlinvest will comprise as much as 75% of the deal. Indeed, investors have a growing crowd of overpriced consumer names targeting the wealthy to choose from: about one quarter of the group of 23 including high-end property developer Macrotech (MACE.NS) and online beauty shop Nykaa (NYKA.NS) have come to the market since 2015. Sula is a very rich toast to India’s wealthy. While Indian-made gin and beer occupy more and more space on bar menus in big cities, local wine is not held in the same high regard. The nearly two decade-old company commands over half the $160 million domestic wine market expected to grow 23% annually through to 2025. Register now for FREE unlimited access to Reuters.com

Exclusive: Kazakhstan to start oil sales via Azeri pipeline to bypass ... (Reuters)

Kazakhstan is expected to sell some of its crude oil through Azerbaijan's biggest oil pipeline from September, as the nation seeks alternatives to a route ...

TCO declined to comment. Last month, BP Azerbaijan said it would redirect flows away from the Baku-Supsa pipeline to the larger BTC pipe. Quality is another factor impeding a quick agreement. Combined with BTC flows, the volume would equate to just over 100,000 bpd, or 8% of the CPC flows. Relying on Azerbaijan would allow Kazakhstan to side-step Russian territory. Register now for FREE unlimited access to Reuters.com

Mazda seeks to reduce dependence on Chinese supplies after ... (Reuters)

Japan's Mazda Motor Corp said on Friday it would ask its parts suppliers to increase stockpiles in Japan and produce components outside China after COVID-19 ...

"In our case, we were the first to be affected by the lockdown, as we had been promoting the procurement of parts via China for a while," Mukai said. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com

U.N. humanitarian agencies face record funding gap this year (Reuters)

The money is needed to help around 204 million people worldwide as armed conflict and climate change, such as the war in Ukraine and the drought in the Horn of ...

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Tunisia's military clashes with 'terrorists', two soldiers injured ... (Reuters)

Members of Tunisia's military clashed with "terrorist" elements during a mission in Jebel Salloum, the defence ministry said on Friday.

Former Grenada minister tapped as next U.N. climate chief (Reuters)

The climate resilience minister for the Caribbean island nation of Grenada has been tapped to become the next United Nations climate chief, according to ...

That funding is key to preparing for future climate impacts including extreme temperatures, rising sea levels, more frequent storms and drought. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com

Mali says it has paid all its debt arrears since lifting of sanctions (Reuters)

Mali's Finance Ministry said on Friday the West African nation had honoured all its missed debt payments since the lifting of economic and financial ...

Damjanovic looks to add to scoring record as end draws near (Reuters)

Record-breaking striker Dejan Damjanovic will lead Hong Kong's Kitchee into the knockout rounds of the Asian Champions League next week eager for a final ...

"The most important thing is for Kitchee to qualify, to make one more step. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com

Magnitude 6.1 earthquake strikes Philippine islands region - EMSC (Reuters)

An earthquake of magnitude 6.1 struck the Moro Gulf, Mindanao region in the Philippines on Saturday, the European Mediterranean Seismological Centre (EMSC) ...

Swiss artist sculpts sprawling model castle on dried river bank (Reuters)

Swiss artist Francois Monthoux's annual project to build clay sculptures on the banks of Switzerland's Toleure river has sprawled into a captivating castle ...

Monthoux, a nature lover, says he is sad to see plants dying all around him and "it would be a catastrophe" if an enduring drought meant he could keep going with the project for years. Register now for FREE unlimited access to Reuters.com Register now for FREE unlimited access to Reuters.com

Sunoco subsidiary sues insurer for refusing to cover climate-change ... (Reuters)

Sunoco subsidiary Aloha Petroleum is suing its former liability insurer in federal court in Hawaii, saying the company is shirking its duty to defend Aloha ...

The case is Aloha Petroleum Ltd. v. Lamden said in an email Friday that he’s not aware of any newer decisions. Register now for FREE unlimited access to Reuters.com

Gazprom says it will ship 41.4 million cubic metres of gas to Europe ... (Reuters)

Russia's Gazprom said it was shipping 41.4 million cubic metres (mcm) of gas to Europe via Ukraine on Saturday, TASS news agency cited the gas giant, ...

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