Updated

Weather threatens Indian winter crops just before harvesting

By Rajendra Jadhav MUMBAI (Reuters) -Untimely rains and hailstorms could damage India’s key winter-sown crops such as wheat, rapeseed and chickpeas just before harvesting begins for plants that have already suffered some heat stress, industry and weather department officials said. India’s weather department has warned key growing states in central, northern, and western regions could …

Weather threatens Indian winter crops just before harvesting Read More »

Garbage piles up in Paris as Macron vows to push through pension reform

By Forrest Crellin and Geert De Clercq PARIS (Reuters) -Garbage piled up in Paris streets and fuel deliveries were blocked from refineries as workers continued rolling strikes against pension reform but President Emmanuel Macron refused to meet with unions and said the reform must go ahead. As debate about the reform continued in the Senate, …

Garbage piles up in Paris as Macron vows to push through pension reform Read More »

Swiss central bank throws financial lifeline to Credit Suisse after shares pummelled

By Noele Illien, John Revill and Tom Sims (Reuters) – Swiss regulators pledged a liquidity lifeline to Credit Suisse in an unprecedented move by a central bank after the flagship Swiss lender’s shares tumbled as much as 30% on Wednesday. In a joint statement, the Swiss financial regulator FINMA and the nation’s central bank sought …

Swiss central bank throws financial lifeline to Credit Suisse after shares pummelled Read More »

Global sell-off resumes after Credit Suisse renews worries; gold rallies

By Chris Prentice and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – Renewed unease gripped world markets on Wednesday as news that Credit Suisse’s largest investor said it could not provide the Swiss bank with more financial assistance sent its shares and broader global equities sliding. U.S. inflation data showed signs of economic weakness and cooling inflation. …

Global sell-off resumes after Credit Suisse renews worries; gold rallies Read More »

As Russia looms, US seeks influence in West Africa’s fight against Islamists

By Cooper Inveen and Edward McAllister DABOYA, Ghana (Reuters) – U.S. commanders leading annual counter-terrorism exercises in West Africa have urged coastal countries to depend on each other to contain a spreading Islamist insurgency, rather than non-Western powers, after Mali last year hired Russian mercenaries. Relations between Russia and the U.S. have become more hostile …

As Russia looms, US seeks influence in West Africa’s fight against Islamists Read More »

Dollar gains in safe-haven buying as Credit Suisse sparks wider banking fears

By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) -The dollar rose on Wednesday on safe-haven buying after Credit Suisse’s stock tumbled following the disclosure of “weaknesses” in its financial reporting that renewed investor concerns that a full-blown global banking crisis may be brewing. European currencies fell sharply against the dollar, with Credit Suisse shares …

Dollar gains in safe-haven buying as Credit Suisse sparks wider banking fears Read More »

Blinken praises Ethiopia on Tigray peace, no return to trade programme yet

By Daphne Psaledakis and Dawit Endeshaw ADDIS ABABA (Reuters) -U.S. Secretary of State Antony Blinken praised Ethiopia on Wednesday for its progress in implementing a peace deal to end the Tigray conflict but stopped short of ushering the country back into a U.S. trade programme. Visiting Ethiopia to repair relations that were strained by the …

Blinken praises Ethiopia on Tigray peace, no return to trade programme yet Read More »

UK launches multi-billion pound package to coax people back to work

By Alistair Smout and Andrew MacAskill LONDON (Reuters) -British finance minister Jeremy Hunt on Wednesday launched a multi-billion pound package aimed at getting people back into work by expanding access to childcare, reforming pensions and overhauling the welfare system. A depleted pool of workers, the result of a combination of factors including a rise in …

UK launches multi-billion pound package to coax people back to work Read More »