By Shristi Achar A (Reuters) – Britain’s internationally focused FTSE 100 briefly hit record high levels on Friday, boosted by gains in energy stocks as well as strength in the dollar after data showed stronger-than-expected U.S. job additions. The commodity-heavy FTSE 100 closed 1.0% higher at 7901.80 points, after touching an all-time level of 7,906.58 …
By James Pearson and Danilo Masoni LONDON/MILAN (Reuters) -A ransomware attack that hit ION Trading UK could take days to fix, leaving scores of brokers unable to process derivatives trades, sources familiar with the matter told Reuters on Thursday. ION Group, the financial data firm’s parent company, said in a statement on its website that …
Ransomware attack on data firm ION could take days to fix -sources Read More »
By Sarita Chaganti Singh, Aditya Kalra and Shivam Patel NEW DELHI (Reuters) – Financial contagion fears spread in India on Friday as the Adani Group’s crisis worsened, with ratings agency Moody’s warning the conglomerate may struggle to raise capital and S&P cutting the outlook on two of its businesses. Chaotic scenes in both houses of …
Adani crisis ignites Indian contagion fears, credit warnings Read More »
By Philip Pullella and Waakhe Simon Wudu JUBA (Reuters) -Pope Francis began a visit to South Sudan on Friday with an impassioned plea to its fractious leaders to turn their backs on the violence, ethnic hatred and corruption that have stopped the world’s youngest country from achieving peace and prosperity. South Sudan broke away from …
Pope implores South Sudan’s leaders to end bloodshed, recriminations Read More »
JOHANNESBURG (Reuters) -The South African rand fell against the dollar on Friday, after the release of a whole-economy survey that showed business activity shrinking in Africa’s most industrialised economy. By 1548 GMT, the rand was trading at 17.4000 against the dollar, down 1.77% from its previous close of 17.0975. S&P Global’s South Africa Purchasing Managers …
South African rand falls after PMI shows business decline Read More »
By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message from their earnings on Thursday: not so fast. Apple Inc, Google parent Alphabet and Amazon.com all posted results for the end-of-year quarter that left a sour taste in investors’ mouths. The reports …
By Tom Balmforth and Dan Peleschuk KYIV (Reuters) -Air raid sirens sounded across Ukraine on Friday as President Volodymyr Zelenskiy hosted European Union leaders to discuss further sanctions on Russia and Ukraine’s prospects of joining the European bloc. The head of the EU’s executive commission and the chairman of the 27 EU national leaders travelled …
Air raid sirens sound in Kyiv during visit by European leaders Read More »
By Anushka Trivedi MUMBAI (Reuters) – The Indian rupee gained on Friday but finished the week down near 82 per U.S. dollar on foreign equity flows likely fuelled by a selloff in Adani Group shares. On Friday, the partially convertible rupee ended up 0.42% at 81.8275 per dollar, having declined up to 82.31, as Indian equities …
Indian rupee up, but marks weekly loss on equity outflow pain Read More »
TOKYO (Reuters) – Japan’s Denso Corp, a leading supplier to Toyota Motor Corp, on Friday slashed its annual operating profit forecast by 12.5% as it warned a chip shortage could cause auto production cuts, missing analysts’ estimates. The company, a major manufacturer of automotive parts and chips, lowered its full-year operating profit forecast to 420 …
Toyota supplier Denso cuts full-year operating profit forecast Read More »
By Ricardo Brito BRASILIA (Reuters) -A Brazilian senator said on Thursday that a close ally of former President Jair Bolsonaro tried to persuade him to join a conspiracy to overturn the far-right leader’s electoral loss last year. Senator Marcos do Val told a news conference that he had been invited to a meeting on Dec. …
Brazil senator says he attended election conspiracy meeting with Bolsonaro Read More »
