WASHINGTON (Reuters) – A bill to avert a partial U.S. government shutdown secured enough votes to pass in the House of Representatives on Thursday, hours after the Senate passed it. Voting was still underway. (Reporting by Makini Brice, Richard Cowan and Kanishka Singh in Washington)
By Jamie McGeever ORLANDO, Florida (Reuters) – The latest readouts on economic and population trends in China are remarkable, highlighting the immense long-term challenges ahead and dragging the growth profile of the world’s second-largest economy back to the insular days of the 1970s. Excluding the pandemic shock of 2020, nominal Chinese GDP growth slowed last …
Column-China flirts with Mao era growth: McGeever Read More »
BRUSSELS (Reuters) -NATO is launching its largest exercise since the Cold War, rehearsing how U.S. troops could reinforce European allies in countries bordering Russia and on the alliance’s eastern flank if a conflict were to flare up with a “near-peer” adversary. Some 90,000 troops are due to join the Steadfast Defender 2024 drills that will …
NATO to hold biggest drills since Cold War with 90,000 troops Read More »
By Noel Randewich and Ankika Biswas (Reuters) -U.S. stocks ended sharply up on Thursday, with the S&P 500 approaching record highs as AI optimism drove gains in Nvidia and other chipmakers. U.S.-listed shares of Taiwan Semiconductor Manufacturing (TSMC) soared nearly 10% after the world’s largest contract semiconductor maker projected 2024 revenue growth of more than …
S&P 500 ends near record high as AI optimism lifts chipmakers Read More »
By Andrew Goudsward, Brad Brooks (Reuters) -Police failed in their response to the 2022 elementary school shooting in Uvalde, Texas, that killed 19 children and two teachers, the U.S. Justice Department concluded on Thursday, saying the victims “deserved better.” The report faulted law enforcement officers for waiting more than an hour to breach the classroom …
Texas school shooting victims ‘deserved better’ from police, US review finds Read More »
By Trevor Hunnicutt, Steve Holland and Krishn Kaushik ABOARD AIR FORCE ONE/WASHINGTON/NEW DELHI (Reuters) -The U.S. launched new strikes against Houthi anti-ship missiles aimed at the Red Sea on Thursday, as growing tensions in the region’s sea lanes disrupted global trade and raised fears of supply bottlenecks that could reignite inflation. The two anti-ship missiles …
US strikes Houthi anti-ship missiles, shipping disruptions grow Read More »
By Manya Saini, Niket Nishant and Lananh Nguyen (Reuters) -Several U.S. banks reported a plunge in fourth-quarter profits on Thursday, hurt by a drop in interest income and charges tied to replenishing a deposit insurance fund. Higher payouts on deposits to retain customers from chasing high-yielding alternatives have resulted in an industry-wide contraction in net …
US bank profits shrink on higher deposit costs, one-time charges Read More »
By Marie-Louise Gumuchian LONDON (Reuters) -Historical drama “Oppenheimer”, one of last year’s highest- earning movies, led nominations for the BAFTAs with 13 nods on Thursday, but the omission of some favourites from Britain’s top movie honours surprised fans. “Oppenheimer”, about the making of the atomic bomb, was followed by sex-charged gothic comedy “Poor Things”, with …
‘Oppenheimer’ leads BAFTA Film Awards nominations Read More »
By Stephen Culp NEW YORK (Reuters) -U.S. stocks rallied on Thursday as robust labor market data offered the latest evidence of U.S. economic strength despite the fact that it could prompt the Federal Reserve hold off on lowering its key policy rate. The Fed’s counterpart, the European Central Bank (ECB) warned in minutes from its …
Wall St ends higher, Treasury yields climb as robust data bolster soft landing bets Read More »
By Jan Lopatka and Radovan Stoklasa BRATISLAVA (Reuters) -Slovakia’s president urged lawmakers on Thursday to reconsider plans to scrap a special prosecution office for high crimes and lower sentences for financial crimes, as tens of thousands protested against moves they see as threats to the rule of law. The government led by four-time Prime Minister …
Slovak president urges lawmakers to rethink criminal law reform, thousands protest Read More »
