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US court halts ruling blocking Obamacare for some preventive healthcare

(Reuters) – A U.S. appeals court has temporarily halted a federal judge’s ruling that struck down the Affordable Care Act’s mandate requiring insurers to cover preventive care, the New York Times reported on Monday. The ruling stems from one of several legal challenges Republicans have brought against the 2010 healthcare law, former President Barack Obama’s …

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Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit by US Virgin Islands

By Tom Hals WILMINGTON, Delaware (Reuters) -The U.S. Virgin Islands has subpoenaed Tesla Inc CEO Elon Musk for documents in its lawsuit accusing JPMorgan Chase & Co of helping enable sexual abuses by late sex offender Jeffrey Epstein. The subpoena, issued on April 28, came to light on Monday in a request by the Virgin …

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Hundreds feared dead after cyclone hits western Myanmar

(Reuters) -Hundreds of people, including Rohingya Muslims, were feared dead after a cyclone struck Myanmar at the weekend, residents and aid groups said on Tuesday, with rescue efforts hampered by damage to infrastructure. Myanmar’s impoverished Rakhine State bore the brunt of Cyclone Mocha, during which winds of up to 210 kph (130 mph) ripped roofs …

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Gold slips as US data, Fedspeak sow doubts on rate cuts

By Deep Kaushik Vakil (Reuters) – Gold fell on Tuesday after U.S. economic data and hawkish remarks from Federal Reserve officials drove bets that interest rate cuts may be delayed, but debt default jitters kept a floor under safe-haven bullion. Spot gold was down 0.7% to $2,005.89 per ounce by 10:30 a.m. EDT (1430 GMT), …

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European airlines call on Brussels to prevent further strike disruption

By Joanna Plucinska LONDON (Reuters) -European airlines are calling on the European Commission to take more action to mitigate the impact of strikes on travel this summer, trade group Airlines for Europe (A4E) said in a statement on Tuesday, with demand for flights set to soar. Strikes have rolled across Europe this year, already causing …

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US urges Mali to investigate, hold accountable those to blame for Moura attack

UNITED NATIONS (Reuters) – The United States on Monday urged Mali’s transition government to pursue an “independent, impartial, efficient, exhaustive, and transparent investigation” to hold accountable those responsible for the likely execution of hundreds of people in one village. “The United States is appalled by the disregard for human life exhibited by elements of the …

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Pilots seek Indian government help to quit Go First

By Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) -Pilots at India’s Go First face delays getting paid due to the airline’s bankruptcy process and want the government to allow them to take up new jobs without serving long notice periods, a group representing the pilots said in a letter seen by Reuters. In the …

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Vietnam approves plan to boost wind, LNG by 2030

By Khanh Vu and Francesco Guarascio HANOI (Reuters) – Vietnam said on Tuesday it has approved a long-awaited power plan for this decade, in a move meant to boost wind energy and gas, while reducing reliance on coal. Known as PDP8, the plan aims to ensuring energy security for the Southeast Asian country while it …

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Financials drag Indian shares lower amid earnings rush

By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares declined on Tuesday, dragged by slide in financials, overlooking favourable domestic inflation data and persistent foreign institutional buying in equities. The Nifty 50 closed 0.61% down to 18,286.50, while the S&P BSE Sensex fell 0.66% to 61,932.47. Ten of the 13 major sectoral indexes declined with high weightage …

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Wall Street advances, Treasury yields rise as debt-ceiling debate rolls along

By Stephen Culp NEW YORK (Reuters) – U.S. stocks slouched to a higher close on Monday, and benchmark Treasury yields rose amid flickering optimism that Washington will get past partisan wrangling and reach a debt ceiling deal. While all three major U.S. stock indexes ended green, market participants appeared to show little conviction as first-quarter …

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