By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes rose on Monday with gains in U.S. tech-related shares driving a more than a 2% jump in the Nasdaq, while U.S. oil prices dropped 4% as price cuts by top exporter Saudi Arabia overshadowed Middle East tensions. Shares of Boeing fell 8% and limited gains in …
Stocks rise with tech-related share boost; oil falls on Saudi price cuts Read More »
By Sudipto Ganguly and Ruma Paul DHAKA (Reuters) – Bangladesh Prime Minister Sheikh Hasina swept to a fourth straight term in power, with her party winning almost 75% of the seats in Sunday’s general election that was boycotted by the main opposition and drew a low turnout. The main opposition Bangladesh Nationalist Party (BNP), which …
Bangladesh PM Hasina secures fourth straight term in vote boycotted by main opposition Read More »
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 3% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output that offset supply concerns generated by escalating geopolitical tension in the Middle East. Brent crude settled down $2.64, or 3.4%, at $76.12 a barrel, while U.S. West …
Oil falls over 3% as Saudi price cuts add to demand doubts Read More »
By Karen Brettell NEW YORK (Reuters) -The dollar dropped against the euro and yen on Monday as investors continued to digest last week’s mixed U.S. economic data and looked ahead to a key inflation reading for fresh clues on when the Federal Reserve is likely to begin cutting interest rates. The greenback initially bounced on …
Dollar falls as traders focus on data for Fed policy clues Read More »
By Emma Farge GENEVA (Reuters) -A former Gambian minister under ousted dictator Yahya Jammeh went on trial in Switzerland on Monday for crimes against humanity in a milestone case where a serial rape victim will testify after a multi-decade wait for justice. Former interior minister Ousman Sonko becomes the highest-ranking official to be tried in …
Gambian ex-minister faces rape, torture charges in long-awaited Swiss trial Read More »
WASHINGTON (Reuters) – Republicans in the U.S. House of Representatives will be defending a narrow 220-213 majority in the Nov. 5 elections, but they will face their first electoral test on Feb. 13 when the seat formerly occupied by Republican George Santos is up for grabs. Below are some of the races to watch as …
Factbox-Seven US House of Representatives races to watch in 2024 Read More »
By Anushree Ashish Mukherjee (Reuters) – Gold prices fell to a three-week low on Monday, pressured by elevated Treasury yields as expectations for an imminent Federal Reserve interest rate cut faded, with investors looking ahead to this week’s U.S. inflation data for more clarity. Spot gold was down 0.9% at $2,028.03 per ounce by 2:25 …
Gold retreats to three-week low ahead of US inflation data Read More »
By Shubham Batra and Sruthi Shankar (Reuters) -The UK’s FTSE 100 lagged broader European markets on Monday as energy stocks followed oil prices lower, while investors looked ahead to the start of the earnings reporting period and a slew of economic data this week. The blue-chip FTSE 100 closed up 0.1% and lagged its European …
JOHANNESBURG (Reuters) -South Africa’s rand recovered slightly on Monday after a lacklustre start to the year, ahead of a key U.S. inflation report later in the week. At 1519 GMT, the rand traded at 18.6200 against the dollar, 0.45% stronger than its previous close. A reading on U.S. inflation due on Thursday is expected to …
South African rand recovers slightly after lacklustre start to year Read More »
ABUJA (Reuters) – Nigeria’s president has suspended the minister of humanitarian affairs with immediate effect and asked the corruption watchdog to investigate financial transactions involving her ministry, the president’s spokesperson said on Monday. Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, is the first minister to be suspended, less than six months after …
Nigeria’s Tinubu suspends humanitarian minister facing financial probe Read More »
