By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine annual inflation was on track to settle within the government’s 2% to 4% target in the fourth quarter after it eased further in April, officials said on Friday, building the case for pausing interest rate hikes. The consumer price index rose 6.6% in …
Philippine inflation slows in April, builds case for a rate pause Read More »
OSLO/ROME (Reuters) – Norway’s sovereign wealth fund, the world’s largest single stock market investor, will vote against Paolo Scaroni becoming chair of the board at utility Enel, adding to a growing revolt over the Italian Treasury’s nomination. The Norway fund joins other Enel shareholders which are opposed to Scaroni’s appointment because of concerns over governance …
Norway fund to vote against Enel chairman candidate Paolo Scaroni Read More »
By Krishn Kaushik GOA, India (Reuters) -India and Pakistan each blamed the other for their frosty relations on Friday and reiterated entrenched diplomatic positions on issues such as Kashmir and terrorism, suggesting no thaw in ties is likely anytime soon. The foreign ministers of the nuclear-armed rivals spoke bitterly at separate press conferences after a …
India and Pakistan trade blame for frosty ties after SCO meeting Read More »
JOHANNESBURG (Reuters) -The South African rand slipped against the dollar on Friday after stronger-than-expected U.S. jobs data signalled that the Federal Reserve could continue with its rate hike cycle. At 1512 GMT, the rand traded at 18.4200 against the dollar, down around 0.7% from its closing level on Thursday. Non-farm payrolls in the United States …
South African rand slips against dollar after stronger US jobs data Read More »
By Zarir Hussain GUWAHATI,India (Reuters) -Authorities in India’s northeastern state of Manipur have evacuated some 20,000 people to camps under army protection to prevent escalation of ethnic violence just days after clashes between tribal and non-tribal groups. There have been incidents of looting and arson in parts of the remote state bordering Myanmar in recent …
Ethnic tensions in India’s northeast forces evacuation of thousands to guarded camps Read More »
By Lawrence White and Iain Withers BIRMINGHAM, England (Reuters) -HSBC soundly defeated a bid to break-up the bank and spin-out its lucrative Asian business at its annual investor meeting in Birmingham in England on Friday, but still faced a rebellion against its board and pay for top bosses. Europe’s biggest bank had faced proposals submitted …
HSBC quashes Ping An-backed protest vote at annual meeting Read More »
By Julia Harte and Joseph Ax (Reuters) -North Carolina’s Republican-controlled legislature passed a bill on Thursday that limits the window for most abortions to 12 weeks, down from 20, which could sharply reduce access to the procedure for millions of women across the U.S. south. The measure now heads to Democratic Governor Roy Cooper, who …
North Carolina’s Republican-led legislature passes 12-week abortion ban Read More »
By Greg Torode, Eduardo Baptista and Tim Kelly HONG KONG (Reuters) – When China sailed one of its two active aircraft carriers, the Shandong, east of Taiwan last month as part of military drills surrounding the island, it was showcasing a capability that it has yet to master and could take years to perfect. As …
China’s aircraft carriers play ‘theatrical’ role but pose little threat yet Read More »
SYDNEY (Reuters) – Australian Prime Minister Anthony Albanese said on Friday he was frustrated for not yet finding a diplomatic fix over the continued detention of Julian Assange and that he remained concerned about the mental health of the WikiLeaks’ founder. “I know it’s frustrating, I share the frustration,” Albanese told ABC television from London …
Australia PM says ‘frustrated’ over continued detention of Julian Assange Read More »
By Lisa Richwine and Danielle Broadway LOS ANGELES (Reuters) -The group representing Hollywood studios fired back on Thursday at claims from striking film and television workers that they have been forced into the “gig economy” because of changes brought by the streaming TV era. Roughly 11,500 members of the Writers Guild of America (WGA) went …
Hollywood studios push back against striking writers’ claim of ‘gig’ workforce Read More »
