By Nidhi Verma NEW DELHI (Reuters) -Two Indian state refiners are seeking to boost imports of Saudi crude oil after the kingdom cut the official selling price of its key export grade for February to the lowest in 27 months, company sources said. Indian Oil Corp, the country’s top refiner, and Bharat Petroleum Corp, are …
Indian refiners set to ask for extra Saudi oil after sharp price cut Read More »
LONDON (Reuters) -Paula Vennells, the former chief executive of Britain’s Post Office, said on Tuesday she would hand back a national honour after mounting public anger over the wrongful conviction of postal staff on her watch. The more than 20-year scandal, one of the biggest miscarriages of justice in British history, has received renewed attention …
Ex-boss of UK Post Office returns honour after convictions scandal Read More »
By Chuck Mikolajczak NEW YORK (Reuters) -The S&P 500 and Dow lost ground and closed lower on Tuesday, pressured by a modest rise in Treasury yields as investors assessed the timing and size of any Federal Reserve interest rate cuts in 2024 ahead of inflation data this week. Expectations the central bank could begin cutting …
Dow, S&P 500 retreat as yields edge up ahead of data, earnings Read More »
By Arafat Barbakh, Simon Lewis and Nidal al-Mughrabi GAZA/TEL AVIV/CAIRO (Reuters) -U.S. Secretary of State Antony Blinken urged Israel on Tuesday to make “hard choices” to normalize relations with more of its neighbours, a new appeal to smooth the path to creating a Palestinian state. Blinken, in his fourth visit to the Middle East since …
US top diplomat urges Israel to make hard choices, work with Palestinians Read More »
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes mostly dipped and Treasury yields edged higher on Tuesday, with investors bracing for key U.S. inflation data this week and the start of fourth-quarter company earnings. Bitcoin rose, then fell, on confusion late on Tuesday afternoon over whether the U.S. Securities and Exchange Commission had approved …
Stocks ease, yields inch up ahead of US inflation data, earnings Read More »
By Daniel Wiessner (Reuters) -The U.S. Department of Labor on Tuesday issued a final rule that will force companies to treat some workers as employees rather than less expensive independent contractors, in a move that has riled business groups and will likely prompt legal challenges. The rule is widely expected to increase labor costs for …
Biden administration issues rule that could curb ‘gig’ work, contracting Read More »
By Nicole Jao NEW YORK (Reuters) -Oil prices climbed around 2% on Tuesday as the Middle East crisis and a Libyan supply outage pared the previous day’s heavy losses. Brent crude futures settled $1.47, or 1.9%, higher at $77.59 a barrel, while U.S. West Texas Intermediate crude (WTI) ended $1.47, or 2.1%, higher at $72.24. …
Oil climbs 2% on Mideast conflict and Libya outage Read More »
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the euro and yen on Tuesday as traders awaited inflation data on Thursday for clues on when the Federal Reserve is likely to cut rates. In cryptocurrencies, bitcoin dipped but remained near its strongest level since April 2022 as anticipation mounted the Securities and …
Dollar gains before inflation data, bitcoin slips Read More »
By Andrew Goudsward, John Kruzel and Andy Sullivan WASHINGTON (Reuters) -A U.S. appeals court on Tuesday questioned Donald Trump’s claims that he is immune from criminal charges for trying to overturn the 2020 election, and the former president threatened to prosecute Joe Biden if he returns to the White House. Trump looked on as his …
Judges skeptical of Trump’s immunity claim in election subversion case Read More »
By Aditi Shah NEW DELHI (Reuters) -Renault wants India to adhere to its regulatory roadmaps after the French automaker incurred unnecessary engineering costs following New Delhi’s decision to not implement a proposal mandating six airbags in cars, the company’s country head said. Â Â Â Renault has less than a 2% share of India’s thriving auto market …
Renault seeks regulatory discipline in India as it plans new investments Read More »
