By Philbert Girinema and Simon Lewis WASHINGTON/KIGALI (Reuters) -Paul Rusesabagina, who was portrayed as a hero in the film “Hotel Rwanda,” was released from a Rwandan prison on Friday, U.S. officials said, after his sentence was commuted following intense diplomacy by the United States. Â Â Â Rusesabagina, a U.S. permanent resident, was accompanied by a U.S. …
‘Hotel Rwanda’ hero Rusesabagina freed from Rwandan jail Read More »
By Andrea Shalal and Steve Scherer OTTAWA (Reuters) -U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau presented a united front on Friday against authoritarian regimes as Biden visited the Canadian capital days after the leaders of China and Russia held a Moscow summit. Images of Biden and Trudeau standing side by side in …
Biden, Trudeau united against authoritarian regimes after China-Russia summit Read More »
By Sarah N. Lynch WASHINGTON (Reuters) -Evan Corcoran, a lawyer for Donald Trump, appeared on Friday before a federal grand jury looking into Trump’s retention of classified documents following the end of his presidency, testifying only after a U.S. judge rejected Corcoran’s claim that doing so would violate attorney-client privilege. Corcoran’s 3-1/2 hour appearance behind …
Ex-Trump lawyer appears before grand jury as U.S. probes swirl Read More »
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed higher on Friday, marking the end of a tumultuous week as Federal Reserve officials calmed investor fears over a potential liquidity crisis in the banking sector. While all three major U.S. stock indexes started the session sharply lower on the heels of a sell-off among …
Wall Street ends volatile week higher as Fed officials ease bank fears Read More »
By Koh Gui Qing NEW YORK (Reuters) -Global stock markets swooned on Friday as fears about contagion among banks hobbled shares of lenders such as Deutsche Bank, with the flight from risk shoring up the dollar and driving bond yields lower. Market sentiment was hurt by a sell-off in Deutsche shares, which tumbled as much …
World stocks gyrate as bank contagion fears bite Read More »
By Amanda Cooper, Sruthi Shankar and Amruta Khandekar (Reuters) – Shares of Germany’s largest bank Deutsche Bank plunged on Friday as investors fretted that regulators and central banks have yet to contain the worst shock to the sector since the 2008 global financial crisis. Wider indicators of financial market stress were also flashing, with the …
Deutsche Bank tumbles as jittery investors seek safer shores Read More »
By Laura Matthews, Matt Tracy and Stefania Spezzati NEW YORK/LONDON (Reuters) -Some bankers and traders are grappling with how to interact with Credit Suisse across various markets including debt and foreign exchange, with some increasing scrutiny when dealing with the Swiss bank or its products, sources said. On Sunday, UBS offered to pay CHF 3 …
Banks scrutinize Credit Suisse products, interactions after takeover Read More »
By Chris Prentice and Hannah Lang NEW YORK/WASHINGTON (Reuters) -Coinbase debuted on the U.S. stock market on April 14, 2021 – the same day U.S. senators confirmed Gary Gensler to lead the Securities and Exchange Commission (SEC), the country’s top markets regulator. Gensler, who has called the crypto sector a “Wild West” riddled with fraud, …
Analysis-Coinbase, SEC on collision course for ‘existential’ clash over crypto industry Read More »
(Reuters) -Carl Icahn on Friday came down heavily on Illumina Inc, saying its directors demanded extra personal liability insurance against any potential claims related to the acquisition of Grail in 2021 before agreeing to signing off on the deal. In response to Icahn’s claims, Illumina said insurance agreements with its directors were standard and it …
Icahn claims Illumina directors asked for insurance for Grail deal approval Read More »
By Benoit Van Overstraeten and Elizabeth Pineau PARIS (Reuters) -Britain’s King Charles on Friday cancelled a state visit to France next week after social unrest over President Emmanuel Macron’s new pension law erupted into some of the worst street violence seen in years across the country. The postponement – at Macron’s request – will be …
Violent protests in France force postponement of King Charles’ visit Read More »
