Aidan Lewis

Cairo

Bureau Chief at Thomson Reuters

Covering Egypt and Sudan @Reuters

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Articles

US declares Biden fuel economy rules exceeded legal authority

1 day ago | today.westlaw.com | Aidan Lewis |David Shepardson |Peter Graff

WASHINGTON (Reuters) -The Transportation Department paved the way for looser U.S fuel economy standards on Friday by declaring that former President Joe Biden's administration exceeded its authority by assuming high uptake of electric vehicles in...
Pound Tiptoes Lower; 40-Y Gilt Auction, BoE Speakers in Focus

4 days ago | gurutrade.com | Amanda Cooper |Aidan Lewis

LONDON, June 3 (Reuters) - The pound trod water on Tuesday, holding mostly steady against the dollar and the euro, ahead of a raft of Bank of England speakers and an auction of long-dated government bonds that may offer a gauge of investor confidence in Britain's finances. Sterling was last down 0.15% against the dollar at $1.352, near last month's more-than three-year highs. The euro was also stable against the pound at 84.45 pence.
German Economy in Q1 Grew Twice as Fast as Initially Expected

2 weeks ago | gurutrade.com | Friederike Heine |Maria Martinez |Maria Martínez |María Martínez |Thomas Seythal |Aidan Lewis

BERLIN, May 23 (Reuters) - The German economy grew significantly more in the first quarter than previously estimated due to good economic developments in March, according to a second estimate published on Friday. The economy grew by 0.4% in the first quarter of 2025 compared with the previous quarter, the statistics office said, revising a preliminary reading of 0.2%. Germany's sluggish economy has not grown at that pace since the third quarter of 2022, when it expanded by 0.6%.
Egypt's Central Bank Expected to Cut Rates by 175 bps

2 weeks ago | gurutrade.com | Patrick Werr |Aidan Lewis

CAIRO, May 19 (Reuters) - Egypt's central bank is expected to lower overnight interest rates by a median of 175 basis points on Thursday, extending a reduction begun in April as inflation remains relatively low, a Reuters poll shows. The median forecast of 16 analysts was for the central bank to cut the deposit rate to 23.25% and the lending rate to 24.25%.
UK strikes EU trade and defence reset in 'new era' for relations

2 weeks ago | today.westlaw.com | Aidan Lewis |Ros Russell |Andrew Heavens |Kate Holton

LONDON/BRUSSELS (Reuters) - Britain agreed the most significant reset of defence and trade ties with the European Union since Brexit on Monday after U.S. President Donald Trump's upending of the global order pushed the two sides to move on from their...
Ataque de Israel atinge casas e hospital em Gaza e deixa ao menos 70 mortos

3 weeks ago | cnnbrasil.com.br | Nidal al-Mughrabi |Aidan Lewis

Ataques militares israelenses mataram pelo menos 70 palestinos em toda a Faixa de Gaza nesta quarta-feira (14), informaram autoridades de saúde locais, em uma escalada significativa dos bombardeios enquanto o presidente dos Estados Unidos, Donald Trump, continua sua visita ao Oriente Médio. Médicos relataram que a maioria das mortes, incluindo mulheres e crianças, resultou de uma série de ataques aéreos israelenses que atingiram várias casas na área de Jabalia, no norte de Gaza.
Roche says Trump's drug price order threatens its $50 billion US investment plans

3 weeks ago | today.westlaw.com | Maggie Fick |Aidan Lewis |Kirsten Donovan |David Goodman

LONDON (Reuters) - U.S. President Donald Trump's executive order on drug pricing threatens Roche's planned $50 billion investment in the United States, the company said on Wednesday.
PBOC to Spur Financing Support for Consumption, Trade

4 weeks ago | gurutrade.com | Kevin Yao |Aidan Lewis |Mark Heinrich

BEIJING, May 9 (Reuters) - China's central bank said on Friday it will spur financial institutions to expand support for consumption and foreign trade amid a protracted trade war with the United States. Beijing stepped up efforts this week to cushion the economic damage caused by the tariff conflict with Washington, announcing a raft of stimulus measures, including interest rate cuts and a major injection of liquidity.
Euro Zone Disinflation on Track, Growth at Risk, ECB's Rehn

4 weeks ago | gurutrade.com | Balazs Koranyi |Aidan Lewis

FRANKFURT, May 9 (Reuters) - The euro zone's fight to bring inflation back to the 2% target is on track but the growth environment is deteriorating, with a global trade war creating a significant risk in the outlook, Finnish central bank chief Olli Rehn said on Friday. "Given the pervasive uncertainty, the Governing Council is maintaining full freedom of action in monetary policy," Rehn told a conference in Helsinki.
Ambani's Reliance pulls trademark application for codename of Pakistan strikes

1 month ago | today.westlaw.com | Aidan Lewis |Arpan Chaturvedi |Aditya Kalra

NEW DELHI (Reuters) -Asia's richest man Mukesh Ambani's film studio has withdrawn an application to trademark the codename for India's military strikes against Pakistan after a public and political uproar on social media against the move.