2025-11-17 00:16
WASHINGTON, Nov 16 (Reuters) - President Donald Trump said on Sunday that Republicans are working on legislation that will impose sanctions on any country doing business with Russia, and he said Iran may get added to that list. "As you know, I suggested it, so any country that does business with Russia will be very severely sanctioned," Trump told reporters. "They may add Iran to that," he added. Sign up here. https://www.reuters.com/world/trump-says-republicans-drafting-bill-sanction-countries-that-trade-with-russia-2025-11-17/
2025-11-17 00:11
LONDON, Nov 17 (Reuters) - Asking prices for British homes have fallen by more than usual for the time of year ahead of finance minister Rachel Reeves' budget next week, a survey published on Monday showed. Average prices for homes put on the market fell by 1.8% in the four weeks to November 8 - the largest drop for the time of year since 2012 - leaving prices 0.5% below their level a year earlier, property website Rightmove said. Sign up here. The highest number of homes available on the market in a decade was also weighing on prices, Rightmove said. Other gauges of Britain's housing market, such as monthly data from the Royal Institution of Chartered Surveyors, have also pointed to a loss of momentum in the run-up to the November 26 budget, which is expected to include tax rises. ($1 = 0.7594 pounds) https://www.reuters.com/world/uk/asking-prices-uk-homes-fall-run-up-budget-rightmove-says-2025-11-17/
2025-11-16 21:41
Nov 16 (Reuters) - Bitcoin, the world's largest cryptocurrency by market value, was down by 1.59% at $93,684 at 4:21 p.m. ET (2121 GMT) on Sunday. Sign up here. https://www.reuters.com/business/bitcoin-falls-nearly-2-93684-2025-11-16/
2025-11-16 20:44
WELLINGTON, Nov 17 (Reuters) - New Zealand late on Sunday welcomed the United States' announcement that it would remove additional tariffs on a range of New Zealand agricultural products, including beef, offal and kiwi fruit, but said it would like to see all the additional U.S. tariffs on New Zealand goods removed. President Donald Trump on Friday removed tariffs he had imposed on more than 200 food products, including beef, amid consumer concerns about rising U.S. grocery prices. The products represent around 25% of New Zealand's exports to the U.S. and are worth roughly NZ$2.21 billion ($1.25 billion) annually, according to the New Zealand government. Sign up here. “The U.S. remains an important trade partner for New Zealand and the decision to lift these tariffs is a step in the right direction and will be welcomed by exporters who have faced months of uncertainty and higher costs,” New Zealand's trade minister, Todd McClay, said in a statement released late on Sunday. He said it was only a partial rollback and the broader reciprocal tariff framework continues to create cost and uncertainty for the country's exporters. McClay said he would continue to make the case that New Zealand's trading relationship with the U.S. is balanced and that the additional reciprocal tariffs on other New Zealand exports should also be removed. ($1 = 1.7612 New Zealand dollars) https://www.reuters.com/world/asia-pacific/nz-welcomes-lifting-us-tariffs-125-billion-exports-2025-11-16/
2025-11-16 18:16
KINSHASA, Nov 16 (Reuters) - Around 30 people were killed at a semi-industrial copper mine in southeastern Congo on Saturday after a bridge collapsed, the country's artisanal mining agency said. An agency official told Reuters there were 49 deaths and 20 people had been taken to hospital in a critical condition as a result of the incident, which occurred on Saturday at the Kalando mining site in Lualaba province. Sign up here. Artisanal mining employs an estimated 1.5 to 2 million people in Congo and supports more than 10 million indirectly. The collapse was "caused by panic, reportedly triggered by gunfire from military personnel securing the site," said Congo's Artisanal and Small-Scale Mining Support and Guidance Service, known by its French acronym SAEMAPE. Miners then "piled on top of each other, causing injuries and death", SAEMAPE added in a statement on Sunday. The Initiative for the Protection of Human Rights called for an independent investigation into the military's role in the deaths, citing reports of clashes between miners and soldiers. A military spokesperson did not immediately respond to a request for comment. Roy Kaumba, the provincial interior minister, said in a televised statement that 32 people had been confirmed dead. Mining accidents are common in unregulated artisanal mines, with dozens of deaths every year at sites where often ill-equipped diggers burrow deep underground. https://www.reuters.com/sustainability/society-equity/around-30-people-killed-congo-copper-mine-incident-officials-say-2025-11-16/
2025-11-16 17:18
Nov 16 (Reuters) - Kuwait has opened the bidding for a new 0.5-gigawatt solar project, aimed at expanding clean power generation in the Gulf state, by inviting pre-qualified consortia to submit proposals. Kuwait's second such tender this year covers the Al Dibdibah Power and Al Shagaya Renewable Energy Phase III, a Zone 2 Solar PV Independent Power Project, the Kuwait Authority for Partnership Projects said on Sunday in the official gazette. Sign up here. It will supply the Ministry of Electricity under a 30-year power purchase agreement, KAPP added. Kuwait has been facing severe power shortages due to rapid population growth, urban expansion, rising temperatures and maintenance delays at some plants, forcing the OPEC member to impose planned power cuts in some areas since last year. Six consortia have been invited to submit bids, including groups led by Jinko Power, Abu Dhabi Future Energy Company PJSC – Masdar, Tianjin Zhonghuan New Energy Co., EDF Renewables SA, ACWA Power, and Swift Current Management Services (SCF). Limak Yatirim Enerji, TotalEnergies Renewables and Kalyon Enerji have qualified as contractors. KAPP said the winning bidder will undertake the project under a contractual framework that includes the development, financing, design, construction and operating of the plant. It will be developed under Kuwait's PPP framework, in which a strategic partner holds 26%–44% of the project company, 50% is offered to Kuwaitis and the rest is retained by the government. Kuwait has recently accelerated its energy project rollout. KAPP opened bids for the first phase of the 1.8-GW Al Khairan power project in September and in August it signed more than $3.27 billion in contracts with ACWA Power and Gulf Investment for Al-Zour North phases 2 and 3. https://www.reuters.com/business/energy/kuwait-invites-bids-new-05-gw-solar-project-latest-tender-2025-11-16/
