By Deep Kaushik Vakil (Reuters) – Safe-haven gold touched its highest in one year on Wednesday as recent U.S. economic data fanned fears of a slowdown and spurred bets the Federal Reserve may ease up on rate hikes. Spot gold was steady at $2,020.30 per ounce by 01:46 p.m. EDT (1746 GMT), after rising to …
Gold scales 1-year peak as slowdown worries mount Read More »
By David Shepardson NEW YORK (Reuters) -Chrysler parent Stellantis NV on Wednesday unveiled its new electric Ram pickup truck, which is poised to debut on the market late in 2024 as a key part of the French-Italian automaker’s strategy to electrify its vehicle lineup. The 2025 model year Ram 1500 REV, introduced at the New …
Stellantis unveils Ram EV pickup, to debut late in 2024, at New York auto show Read More »
By Tatiana Bautzer NEW YORK (Reuters) -Wall Street bankers face an increasingly gloomy job market after last month’s banking crisis worsened an already bleak outlook for pay and staffing. The failure of two U.S. banks – Silicon Valley Bank and Signature Bank – shook confidence in the industry and prompted government intervention to protect the …
Crisis jolts Wall Street bankers already resigned to tough job market Read More »
JOHANNESBURG (Reuters) -South African stocks fell on Wednesday after U.S. data showed a decline in job openings, while the rand weakened against the dollar. U.S. job openings data, a measure of labour demand, released on Tuesday dropped to 9.9 million in February – the lowest in almost two years. For every unemployed person in the …
South African stocks, rand fall after U.S. jobs data Read More »
NICOSIA (Reuters) – Food inflation is still intensifying in Europe and may be the key driver of price growth now, European Central Bank chief economist Philip Lane said on Wednesday. “I look at food, where inflation pressure is probably its most intense. And it’s still rising now,” Lane told a university lecture in Cyprus. “I …
Euro zone food inflation still intensifying: ECB’s Lane Read More »
By Pavel Polityuk KYIV (Reuters) – President Volodymyr Zelenskiy thanked Poland for its “historic” help in rallying Western support for Ukraine during a visit to Warsaw and said Ukrainian troops were still fighting for Bakhmut in the east but could withdraw if they risked being cut off. Poland has provided vital weaponry to Kyiv since …
Zelenskiy indicates Ukraine could pull out of Bakhmut if Russians close in Read More »
By Nathan Layne and Rich McKay PALM BEACH, Florida (Reuters) -A subdued former President Donald Trump lashed out on Tuesday at New York prosecutor Alvin Bragg for bringing criminal charges against him and declared himself the victim of election interference without offering evidence. “I never thought anything like this could happen in America,” Trump told …
Trump claims criminal charges driven by politics Read More »
By Michel Rose and Laurie Chen BEIJING (Reuters) -French President Emmanuel Macron said Europe must resist reducing trade and diplomatic ties with China as he began a state visit on Wednesday, seeking to refute any sense there was an “inescapable spiral” of tension between Beijing and the West. Macron said maintaining dialogue with China was …
Ahead of Xi meeting, Macron warns against shunning China Read More »
By Luc Cohen, Jack Queen NEW YORK (Reuters) -The Manhattan District Attorney’s office on Tuesday unveiled charges against Donald Trump over hush money payments to suppress accounts of his alleged extramarital affairs, becoming the first former U.S. president to face criminal charges. Below is an explanation of the charges he faces and his possible defenses: …
What charges does Trump face in New York’s hush money case? Read More »
By Sam Tobin LONDON (Reuters) – Shell Plc is attempting to shield itself from scrutiny over pollution in Nigeria’s oil-producing Niger Delta, lawyers representing more than 13,000 Nigerians argued at London’s High Court on Tuesday, allegations which the company strongly denies. Thousands of members of the Bille and Ogale communities are suing Shell and its …
Nigerians accuse Shell of delay in oil spill London lawsuits Read More »
