By William Schomberg and David Milliken LONDON (Reuters) -Britain is lagging its peers in the race to spur economic growth and Prime Minister Rishi Sunak must act now to boost green investment, fix a lack of workers and avoid chaos over post-Brexit rules, the head of an employers group said on Monday. The Confederation of …
UK employers urge Sunak to act urgently on growth reforms Read More »
By Jamie McGeever ORLANDO, Fla. (Reuters) -A key part of the U.S. yield curve is the most inverted in decades and for hedge funds, enough is enough. Commodity Futures Trading Commission positioning data show that speculators are placing wagers that the historic gap between 10-year and three-month yields will start to shrink. This is reflected …
Funds bet heavily on U.S. curve steepeners: McGeever Read More »
By Nimesh Vora MUMBAI (Reuters) – The Indian rupee declined against the U.S. currency on Monday, after climbing to a near two-month high at open on dollar purchases by public sector banks likely for the Reserve Bank of India (RBI), traders said. The rupee last traded at 81.39 to the dollar, down from 81.12 in …
Rupee reverses course after reaching two-mth high on RBI intervention Read More »
By Nandita Bose and Matt Spetalnick WASHINGTON (Reuters) -A new search of President Joe Biden’s home in Wilmington, Delaware on Friday by the U.S. Justice Department found six more items, including documents with classification markings, a lawyer for the president said in a statement Saturday night. Some of the classified documents and “surrounding materials” dated …
U.S. Justice Dept found more classified items in Biden home search Read More »
By Tim Reid MONTEREY PARK, Calif. (Reuters) – Since she was a little girl, Li Xia’s dream was to move from China and settle in America. On Saturday night, when she heard the gunfire that killed at least 10 people in her newfound home of Monterey Park, California, that dream was shattered. “In my heart, …
California shooting upends tranquil community: ‘I don’t feel safe’ Read More »
By Nandita Bose WASHINGTON (Reuters) – Democratic Vice President Kamala Harris said abortion rights are under attack across the United States in a speech Sunday marking the 50th anniversary of Roe v. Wade, the Supreme Court decision that had established a right to abortion until it was overturned last year. “The right of every woman …
Harris says abortion rights threatened across United States Read More »
BENGALURU (Reuters) -Indian stocks rose on Monday, after two straight sessions of declines, helped by gains in financial stocks as banks reported strong quarterly results over the weekend. The Nifty 50 index closed 0.50% higher at 18,118.55, while the S&P BSE Sensex rose 0.53% to 60,941.67. Thirty-two of the Nifty 50 constituents advanced while 18 …
Indian shares snap 2-day losing run on strong bank earnings Read More »
By Rajendra Jadhav and Mei Mei Chu MUMBAI/KUALA LUMPUR (Reuters) -India is set to export a record 50 million eggs this month, boosted by sales to Malaysia, where there have been acute shortages as soaring feed prices caused by the Ukraine war forced many small-scale farmers to cut output, industry officials said. Middle Eastern countries, …
Malaysia’s egg shortage sets Indian hatcheries on path for record exports Read More »
By Tim Reid and Jonathan Allen MONTEREY PARK, Calif. (Reuters) -A 72-year-old gunman killed himself when approached by police on Sunday, about 12 hours after he had carried out a Lunar New Year massacre at a dance club that left 10 people dead and another 10 wounded. The gunman tried to carry out another shooting …
California shooting suspect kills himself after Lunar New Year massacre Read More »
By Lisandra Paraguassu BUENOS AIRES (Reuters) – Brazil and Argentina aim for greater economic integration, including the development of a common currency, Brazilian President Luiz Inacio Lula da Silva and Argentine leader Alberto Fernandez said in a joint article they penned. “We intend to overcome the barriers to our exchanges, simplify and modernize the rules …
