By Shashwat Chauhan and Shristi Achar A (Reuters) -Britain’s FTSE 100 edged higher on Monday, supported by gains in defence stocks, while investors awaited U.S. inflation data due later in the week that could offer clues on the future monetary tightening path. The blue-chip FTSE 100 rose 0.8% to 7,947.60, hitting its record closing high, …
FTSE 100 climbs on boost from defence stocks, U.S. CPI data awaited Read More »
(Reuters) – Zambia’s finance minister criticised the prolonged nature of the country’s debt restructuring talks, the Financial Times reported on Monday, after a Chinese call for the World Bank and other multilateral lenders to offer debt relief sparked concern about further delays. In an interview with the newspaper, Situmbeko Musokotwane said that “time is of …
Zambia criticises debt restructuring delays – FT Read More »
JOHANNESBURG (Reuters) -The South African rand strengthened on Monday against a weaker U.S. dollar, after hitting a three-month low earlier in the day amid concerns about persistent power cuts. At 1803 GMT, the rand traded at 17.8400 to the dollar, about 0.3% stronger than its previous close. Earlier in the day, it broke above 18 …
South African rand strengthens against weaker dollar Read More »
By Joseph Ax (Reuters) -Portions of a Georgia special grand jury’s report on Donald Trump’s efforts to overturn the state’s 2020 election should be publicly released, but any recommendations on criminal charges will remain sealed for now, a state judge ruled on Monday. The panel’s findings, which have remained sealed since the final report’s existence …
Georgia judge to release parts of report on Trump’s efforts to overturn election Read More »
LONDON (Reuters) -Workers at an Amazon warehouse in Britain will walk out for seven further days in an escalation of a dispute over pay, their trade union said on Monday. Last month GMB union members at the warehouse in Coventry, central England, staged the first ever strike at the U.S. e-commerce giant’s operations in Britain. …
Amazon workers at UK warehouse set further strike dates Read More »
By Noah Browning LONDON (Reuters) -Oil prices slipped on Monday as investors focused on short-term demand concerns ahead of key U.S. inflation data. Brent crude futures were down 76 cents, or 0.8%, to $85.63 a barrel at 1446 GMT after a 2.2% gain on Friday. U.S. West Texas Intermediate crude was down 69 cents, or …
Oil falls on demand fears as Fed nears ‘make or break moment’ Read More »
By Seher Dareen (Reuters) – Gold prices slipped on Monday due to upticks in the dollar and bond yields, with the spotlight on U.S. January consumer price index data that could steer the Federal Reserve’s rate-hike strategy. Spot gold fell 0.4% to $1,857.50 per ounce by 9:25 a.m. ET (1425 GMT), while U.S. gold futures …
Gold dips on higher dollar, bond yields as U.S. inflation test looms Read More »
By Alun John TOKYO/LONDON (Reuters) – The dollar was testing a five-week high versus major peers on Monday, particularly gaining against the rate-sensitive Japanese yen, as investors’ bets that the Federal Reserve will keep monetary policy tight for longer sent U.S. yields higher. Those expectations will be challenged or underscored by the week’s main event …
Dollar gains on yen as U.S. yields rise ahead of key CPI data Read More »
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) -U.S. military fighter jets on Sunday shot down an octagonal object over Lake Huron, the Pentagon said, the latest incident since a suspected Chinese surveillance balloon put North American security forces on high alert. It was the fourth flying object to be shot down over North America …
U.S. shoots down mysterious object near Canadian border Read More »
By Suban Abdulla LONDON (Reuters) – British employers expect to raise wages for their staff by the most in at least 11 years but the 5% pay deals for workers would still fall well below expected inflation, a survey published on Monday showed. With the Bank of England fearing the surge in inflation could be …
UK firms plan biggest pay rises since 2012 to fill staff gaps Read More »
