By Laura Sanicola (Reuters) -Oil prices settled higher on Friday, recouping some of this week’s losses on strong U.S. job growth data, but closed the week at their lowest levels …
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- Financial News
U.S. dollar posts broad gains after unexpectedly strong jobs data
by Reutersby ReutersBy Caroline Valetkevitch NEW YORK – The dollar rallied across the board on Friday, notching its biggest daily percentage gain since mid-June against the yen, after a stronger-than-expected U.S. payrolls …
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Biden feels well, still tests positive for COVID-19 – doctor
by Reutersby ReutersWASHINGTON – U.S. President Joe Biden continues to feel “very well” while still testing positive for COVID-19, the White House physician said on Friday. Biden will continue strict isolation measures …
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Meta Platforms agrees to delay closing Within deal given U.S. challenge
by Reutersby ReutersWASHINGTON – Meta Platforms, the parent of Facebook which is making a big play for virtual reality, has agreed to delay closing its deal for Within Unlimited, maker of the …
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Multiple injuries after driver plows through New Mexico parade
by Reutersby ReutersBy Andrew Hay TAOS, N.M. -Fifteen people were injured when a drunken driver plowed through a Native American parade in Gallup, New Mexico, on Thursday night, according to state police …
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By Eliana Raszewski and Lucila Sigal BUENOS AIRES – Asked about Sergio Massa, Argentina’s new “superminister” for the economy, many Argentines perceive him as an opportunistic politician with limitless ambition. …
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Deutsche Bank ex-trader’s conviction thrown out in U.S. Libor-rigging probe
by Reutersby ReutersBy Jonathan Stempel NEW YORK -A U.S. judge on Friday threw out a former Deutsche Bank AG trader’s conviction for conspiring to manipulate the global lending benchmark Libor, after an …
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U.N. report links Malian, ‘white-skinned’ troops to civilian deaths
by Reutersby ReutersBy Michelle Nichols UNITED NATIONS -Malian government troops and “white-skinned soldiers” detained 33 civilians in central Mali in March who were later found shot dead and their bodies burned, sanctions …
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Brazil’s Lula advised to buy back Petrobras refineries – study author
by Reutersby ReutersBy Rafaella Barros (Reuters) -An oil and gas industry study commissioned by the campaign of former President Luiz Inacio Lula da Silva for the October elections will recommend bolstering Petrobras’ …
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Senator wants U.S. agency to address risk of children being struck by SUVs
by Reutersby ReutersBy David Shepardson WASHINGTON -A U.S. senator on Friday asked the National Highway Traffic Safety Administration (NHTSA) to address the risk of unseen children being struck by sport utility vehicles …
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By Rithika Krishna (Reuters) – Canopy Growth Corp posted another core loss on Friday, denting investor hopes that the cannabis producer would turn profitable anytime soon, sending its shares down …
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Trump-backed candidate Lake wins Republican nod for Arizona governor
by Reutersby Reuters(Reuters) – Kari Lake, a former news anchor who has embraced former President Donald Trump’s false claims of voter fraud, has been projected to win the Republican nomination for Arizona …
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Ukraine buries agricultural ‘titan’ killed in missile strike
by Reutersby ReutersKYIV – Orthodox chants of mourning resounded in a packed central Kyiv cathedral on Friday as Ukraine buried an agricultural tycoon with his wife after they were killed in a …
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Big U.S. chicken company, Mountaire, asks contractors to oppose transparency rule
by Reutersby ReutersBy Leah Douglas WASHINGTON – Mountaire Farms, a top U.S. chicken company, is pressuring its contract farmers to oppose a Biden administration proposal aimed at improving their conditions because the …
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Pfizer in advanced talks to buy Global Blood Therapeutics for $5 billion – WSJ
by Reutersby Reuters(Reuters) -Pfizer Inc is in advanced talks to buy drugmaker Global Blood Therapeutics for about $5 billion, the Wall Street Journal reported on Friday, citing people familiar with the matter. …
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Sri Lanka considering restructure of local and sovereign debt – president
by Reutersby ReutersBy Uditha Jayasinghe and Channa Kumara COLOMBO – Sri Lanka is considering a restructure of local and sovereign debt, President Ranil Wickremesinghe said on Friday, as the island nation battles …
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Young Cuban ballplayers dream of U.S. major leagues
by Reutersby ReutersBy Nelson Acosta (Reuters) – Cuban 8-year-old Kevin Kindelan, a hot-handed shortstop for a Central Havana junior league baseball team and teammate and first baseman Leoni Venego, 7, both dream …
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Analysis-Why the banks financing Musk’s Twitter deal are unlikely to be able to help him walk away
by Reutersby ReutersBy Anirban Sen and Greg Roumeliotis (Reuters) – The banks that agreed to finance Elon Musk’s $44 billion acquisition of Twitter Inc have a financial incentive to help the world’s …
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Allianz shells out 140 million euros to shut U.S. fund unit after fraud
by Reutersby ReutersBy Tom Sims and Alexander Hübner FRANKFURT -Allianz spent around 140 million euros ($143.11 million) on restructuring to wind down a U.S. funds unit at the centre of a multi-billion …
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By Shreyashi Sanyal (Reuters) -Britain’s FTSE 100 closed lower on Friday as Wall Street slipped after strong jobs data raised fears about faster U.S. interest rate hikes, but a weakening …
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(Reuters) – Talk of changes to the Bank of England’s powers has revived a debate on whether central banks should be independent of governments and in what way. Central bankers …
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By Tatiana Bautzer SAO PAULO -The Brazilian subsidiary of Credit Suisse Group AG has named Marcello Chilov as its new CEO, the bank said on Friday. Ivan Monteiro, who had …
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Suspect arrested after four people found dead in Nebraska town
by Reutersby ReutersBy Brendan O’Brien (Reuters) -A 42-year-old man was arrested on Friday in connection with the deaths of four people whose bodies were found at two houses in the Nebraska farming …
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Ukraine war making 40 million people go hungry, Africa to bear brunt, says U.S
by Reutersby ReutersDAKAR -The United States’ ambassador to the United Nations Linda Thomas-Greenfield on Friday said Russia’s invasion of Ukraine will cause 40 million people to become food insecure and that sub-Saharan …
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West Virginia man sentenced to 3 years in prison for threatening to kill Fauci
by Reutersby ReutersBy Brendan O’Brien (Reuters) – A federal judge sentenced a West Virginia man to three years in prison for sending intimidating emails to Anthony Fauci, including threats to kill the …