By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose more than 2% on Friday and posted weekly gains of over 8%, as Russia announced plans to reduce oil production next month after the West imposed price caps on the country’s crude and fuel. Brent crude futures rose to settle at $1.89, or 2.2%, to $86.39 …
Oil prices rise over 2% on Russian plan to cut output Read More »
By Seher Dareen (Reuters) – Gold inched higher on Friday while markets awaited next week’s U.S. inflation data that could influence the Federal Reserve’s monetary policy trajectory. Spot gold was up 0.2% to $1,864.10 per ounce by 2:34 p.m. EST (1934 GMT). U.S. gold futures for February delivery settled 0.2% lower at $1,874.50 per ounce. …
Gold inches higher as market looks to U.S. inflation data next week Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S. monthly consumer prices rose in December instead of falling as previously estimated and data for the prior two months was also revised up, which some economists said raised the risk of higher inflation readings in the months ahead. The consumer price index edged up 0.1% in December rather …
Revisions show U.S. consumer prices a bit firmer than previously reported Read More »
By Jayshree P Upadhyay, Sarita Chaganti Singh and Devjyot Ghoshal MUMBAI/NEW DELHI (Reuters) -India’s market regulator is investigating Adani Group’s links to some of the investors in the conglomerate’s aborted $2.5 billion share sale, two sources said, amid growing concern in New Delhi about a U.S. short-seller’s allegations against one of the country’s top industrial …
Exclusive-Indian regulator probes Adani’s links to investors as Modi’s office is briefed Read More »
By James Oliphant TALLAHASSEE, Fla. (Reuters) -When a newly elected Florida legislator endorsed a bill allowing residents to carry a concealed firearm without a permit, he was both demonstrating his fealty to Ron DeSantis and helping to burnish the governor’s conservative credentials for a possible White House run in 2024. State Senator Jay Collins’ support …
DeSantis seeks wins on guns, abortion before facing Trump in 2024 Read More »
WASHINGTON (Reuters) -Former U.S. Vice President Mike Pence and former national security adviser Robert O’Brien have been subpoenaed by the special counsel leading probes into classified documents found at former President Donald Trump’s Mar-a-Lago residence and efforts to overturn the 2020 election result, according to media reports on Thursday. Pence was issued a subpoena by …
Former VP Pence, ex-Trump official subpoenaed in special counsel probes – reports Read More »
By Vin Shahrestani LONDON (Reuters) – When Katie Mulligan baked a beetroot cake for her colleagues at a London advertising agency, she was focused on getting the recipe right rather than whether it was acceptable to bring treats into the office. Â Â Â Â But office cake culture has recently been challenged by the head of Britain’s food …
Office cake culture lives on in Britain despite health warning Read More »
By Amindeh Blaise Atabong YAOUNDE (Reuters) – Equatorial Guinea has quarantined more than 200 people and restricted movement after an unknown illness causing hemorrhagic fever killed at least eight people, Health Minister Mitoha Ondo’o Ayekaba said on Friday as the government races to test samples. The outbreak was reported on Feb. 7, and from preliminary …
Equatorial Guinea quarantines 200 after unknown hemorrhagic fever deaths Read More »
By Sruthi Shankar and Shashwat Chauhan (Reuters) – UK’s FTSE 100 closed lower on Friday as worries of high interest rates overshadowed data showing the British economy narrowly avoided entering a recession in the fourth quarter, while a rise in energy shares limited declines. The blue-chip index shed 0.5%, backing off from record highs hit …
FTSE 100 posts weekly fall as rate hike worries linger Read More »
SEOUL/BEIJING (Reuters) – South Korea plans to resume issuing short-term visas for travellers from China on Saturday after China improved its COVID-19 situation, Seoul officials said on Friday. South Korea suspended issuing short-term visas to Chinese visitors last month after China abruptly ended its “zero-COVID” policy, leading to a wave of infections. Beijing retaliated by …
South Korea lifts visa curbs on Chinese travellers, Beijing considers similar move Read More »
