By Michelle Nichols, Nidal al-Mughrabi and Dan Williams UNITED NATIONS/CAIRO/JERUSALEM (Reuters) – The U.N. Security Council approved a toned-down bid to boost humanitarian aid to Gaza on Friday that stopped short of a call for a ceasefire, hours after Israel signalled it was widening its ground offensive in the Palestinian enclave. The U.S., which is …
UN pushes for more aid into Gaza, Israel widens offensive Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S. prices fell in November for the first in more than 3-1/2 years, pushing the annual increase in inflation further below 3%, and boosting financial market expectations of an interest rate cut from the Federal Reserve next March. The report from the Commerce Department on Friday also showed underlying …
By Stephen Culp NEW YORK (Reuters) -U.S. stocks gyrated to a mixed close on Friday as investors headed into the Christmas holiday weekend, having digested cooler-than-expected inflation data which firmed bets for Federal Reserve interest rate cuts in the new year. All three indexes turned less decisive in light trading as the afternoon progressed, after …
S&P 500 ends higher ahead of long holiday weekend Read More »
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes mostly rose while the U.S. dollar dipped to a near five-month low on Friday ahead of the long holiday weekend, with cooler-than-expected U.S. inflation data supporting the view that the Federal Reserve could cut borrowing costs in the new year. The Commerce Department report showed U.S. …
Stocks edge up, dollar eases before long holiday weekend Read More »
FRANKFURT (Reuters) -A new investor lawsuit is claiming more than 700 million euros ($771.40 million) in damages from accounting firm EY for its role in auditing the books of Wirecard before its collapse in 2020, a shareholder group said. The 80,000-page suit represents 13,000 individual and institutional investors and was filed in a Munich court …
Wirecard investor lawsuit against EY filed in Munich Read More »
By Ann Saphir SAN FRANCISCO (Reuters) – The annual rotation on the U.S. Federal Reserve’s interest-rate-setting committee means its 2024 voting members lean slightly more hawkish than the outgoing group from 2023 – but that won’t budge the outlook for a pivot to interest-rate cuts next year. In fact, plenty of analysts make the opposite …
Fed rate cuts firmly in view for 2024, even as rate-setters shift Read More »
(Reuters) -Britain’s Competition Appeal Tribunal has upheld the antitrust watchdog’s findings that U.S.-based walkie-talkie maker Motorola Solutions was overcharging UK emergency services for its radio network Airwave, the Competition and Markets Authority (CMA) said on Friday. The tribunal had dismissed Motorola’s appeal, which claimed the antitrust regulator had erred in assessing the Airwave Network’s profitability …
UK antitrust regulator wins appeal over Motorola’s Airwave network probe Read More »
By Ange Kasongo and Yassin Kombi KINSHASA/BENI (Reuters) -Democratic Republic of Congo on Friday released a few early results from general elections after an unscheduled day-long ballot extension that has prompted some opposition candidates to cry foul and call for a rerun. The provisional results from the few thousand voters in the Congolese diaspora showed …
Congo releases first provisional election results after messy vote Read More »
By Sherin Elizabeth Varghese and Ashitha Shivaprasad (Reuters) – Gold scaled a more than two-week high on Friday, rising for a second week as the dollar and U.S. Treasury yields slipped on rising expectations the Federal Reserve will cut interest rates early next year. Spot gold was up 0.4% at $2,052.69 per ounce as of …
Gold gains as rising Fed rate cut bets boost appeal Read More »
KYIV/WARSAW (Reuters) -Ukraine and Poland said on Friday they were ready to try to resolve “problematic” issues in their relations, suffering especially by a Polish truckers’ blockade of border crossings. The pledge emerged from a meeting in Kyiv between Ukrainian Foreign Minister Dmytro Kuleba and Polish counterpart Radoslaw Sikorski, who was on his first official …
Ukraine and Poland set to work on resolving ‘problematic’ issues Read More »
