JOHANNESBURG (Reuters) -The South African rand weakened on Thursday, as a Reuters poll predicted the central bank would deliver another interest rate hike next week. At 1532 GMT, the rand traded at 17.3400 against the U.S. dollar, 1.14% weaker than its previous close. Eleven of the 20 economists polled by Reuters predicted the South African …
South African rand weakens; central bank seen raising rates next week Read More »
By Noah Browning LONDON (Reuters) – Oil futures rose slightly on Thursday, recouping losses from earlier in the session as an expected rise in Chinese demand and further restrictions on Russian exports suggested market supply will remain tight. Brent crude futures rose 36 cents, or 0.4%, to $85.34 a barrel at 1415 GMT. U.S. West …
By Max Hunder and Madeline Chambers KYIV/BERLIN (Reuters) -The United States and Germany tried on Thursday to resolve a stand-off that has so far prevented the West from sending heavy tanks to Ukraine, as Kyiv pleaded for the weapons help it to turn the tide against Russian forces. U.S. Defense Secretary Lloyd Austin and Germany’s …
U.S., Germany try to resolve differences over tanks for Ukraine Read More »
By Gopal Sharma KATHMANDU (Reuters) – Officials in Nepal said on Wednesday there was no chance of finding any survivors of the country’s deadliest plane crash in 30 years, but workers will continue to search for the remains of the last missing passenger. Rescue teams used drones and rappelled down deep gorges on Tuesday to …
No hope of any survivors in Nepal’s deadliest crash in 30 years, officials say Read More »
By Harry Robertson and Rae Wee LONDON/SINGAPORE (Reuters) – The dollar slipped on Thursday after a raft of data showed the U.S. economy is losing momentum, while the yen rebounded as traders continued to bet the Bank of Japan will shift away from ultra-loose monetary policy. U.S. data released on Wednesday showed retail sales fell …
By Jonathan Stempel (Reuters) – The maker of Pyrex kitchenware agreed to pay a fine and change its marketing practices to settle U.S. claims that it falsely advertised its popular glass measuring cups as “Made in USA” while importing some of them from China. Instant Brands LLC did not admit or deny wrongdoing in Wednesday’s …
Pyrex maker settles over false ‘Made in USA’ claims Read More »
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s export growth slowed sharply in December as China-bound shipments fell for the first time in seven months, stoking fears of further slowdown in the global economy and external demand for Japanese shipments. Exports rose 11.5% year-on-year in December after a gain of 20% in November, marking the slowest …
Slumping China-bound Japanese exports raise fears of global downturn Read More »
By Lizbeth Diaz and Jose Luis Gonzalez CIUDAD JUAREZ/MEXICO CITY (Reuters) – Migrants on Mexico’s northern border on Wednesday began entering the United States using a mobile app designed to facilitate the process of applying for asylum, although several quickly reported difficulties in using the system. This month, the Biden administration said it would broaden …
First migrants cross into U.S. from Mexico using mobile app Read More »
JAKARTA (Reuters) – Germany’s BASF and French miner Eramet are finalising a $2.6 billion partnership deal to invest in a facility in Indonesia to process nickel for use in batteries for electric vehicles, Indonesian officials said. The Indonesian announcement comes as Southeast Asia’s biggest economy has been courting global companies to build facilities to produce …
Indonesia says BASF, Eramet near $2.6 billion deal to process nickel for EV batteries Read More »
PARIS (Reuters) – French President Emmanuel Macron’s government will unveil on Tuesday the details of a pension reform that unions have already said they would take to the streets to oppose. Here is a timeline of past efforts to push through – and oppose – pension reforms in France and what happened: 2020: MACRON GIVES …
French pension reforms and the protests they faced Read More »
