(Reuters) -Russia’s envoy to talks on reviving Iran’s 2015 nuclear deal said on Friday they had resumed in a “serious” atmosphere even as few expect a breakthrough compromise while Tehran’s …
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By Bansari Mayur Kamdar and Anisha Sircar (Reuters) -European shares fell on Friday after a stronger-than-expected U.S. jobs report ramped up bets of another 75 basis point rate hike by …
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By Liz Hampton (Reuters) -U.S. shale oil producer EOG Resources on Friday said it expects to deliver roughly 4% oil and gas volume growth this year, and hold a similar …
- Financial News
Analysis-Global rice supplies at risk as harsh weather hits top exporters
by Reutersby ReutersBy Naveen Thukral and Rajendra Jadhav SINGAPORE/MUMBAI – Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is threatening to reduce the output of the world’s …
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Russia bans Western investors from selling banking, key energy stakes
by Reutersby Reuters(This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine) MOSCOW – Russia has banned investors from so-called unfriendly countries from selling shares …
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Unusually large U.S. jobs number stokes case for ‘unusually large’ rate hike
by Reutersby ReutersBy Lindsay Dunsmuir (Reuters) – The U.S. Federal Reserve faces renewed pressure to deliver another 75 basis point interest rate hike at its upcoming meeting in September as fresh data …
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Monte dei Paschi enlists more banks for cash call, fights legal challenge
by Reutersby ReutersBy Valentina Za MILAN – State-owned Italian bank Monte dei Paschi di Siena (MPS) said four more banks had agreed to back its upcoming 2.5 billion euro ($2.6 billion) cash …
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Italian election frontrunner wants state lender to take control of TIM
by Reutersby ReutersBy Giuseppe Fonte and Elvira Pollina ROME – The far-right Brothers of Italy party, leading polls ahead of next month’s election, is calling for state lender Cassa Depositi e Prestiti …
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FRANKFURT -Ground staff of Germany’s Lufthansa and management have reached a pay deal after a third round of negotiations, averting further walkouts during the busy summer travel season, labour union …
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By Aditya Kalra and Abhirup Roy NEW DELHI – India aims to tighten rules around the scrutiny of mergers and acquisitions under proposed legislation that could particularly affect global tech …
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By Bansari Mayur Kamdar (Reuters) – Canada’s resource-heavy main stock index fell on Friday and was set to end the week lower, as energy stocks posted steep weekly losses, while …
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Snickers maker apologises for advert suggesting Taiwan is a country
by Reutersby ReutersBEIJING – Mars Wrigley, maker of the Snickers candy bar, apologised on Friday for a Snickers product launch which Chinese social media users said suggested that Taiwan was a country. …
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North Korea marks end of first COVID wave, but risks persist
by Reutersby ReutersBy Hyonhee Shin and Soo-hyang Choi SEOUL – North Korea on Friday said all of its fever patients have recovered, marking the end of its first wave of the coronavirus …
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Canada sheds jobs for second month in a row, central bank seen hiking rates
by Reutersby ReutersBy David Ljunggren OTTAWA -Canada’s economy unexpectedly lost jobs for the second month in a row in July after a year-long boom, but analysts predicted that this would not stop …
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NEW YORK – U.S. job growth surged much more than expected in July and the unemployment rate ticked lower, giving the Federal Reserve enough cushion to stay on its aggressive …
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TOKYO – Japan on Friday took a first step into its research for a green gross domestic product (GDP) measurement that reflects the country’s progress in reducing greenhouse gas emissions …
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KABUL – Hundreds of Afghans carried anti-American banners on Friday to protest against a U.S. drone strike that Washington says killed al Qaeda leader Ayman al-Zawahiri this month. The protests …
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Jury finds Alex Jones must pay $4.1 million for Sandy Hook hoax claims
by Reutersby ReutersBy Jack Queen (Reuters) – U.S. conspiracy theorist Alex Jones should pay parents of a child killed in the 2012 Sandy Hook massacre at least $4.1 million for falsely claiming …
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Instant View: Canada loses 30,600 jobs in July, jobless rate remains at record low 4.9%
by Reutersby ReutersTORONTO – Canada’s economy lost a net 30,600 jobs in July, in both full-time and part-time work, Statistics Canada said on Friday. The jobless rate remained at a record low …
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U.S. summons Chinese ambassador to protest military actions -Kirby
by Reutersby ReutersWASHINGTON – The United States summoned China’s ambassador to the White House to lodge a protest against actions it called irresponsible and at odds with maintaining peace and stability across …
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China actions around Taiwan unjustified, disproportionate and provocative – Blinken
by Reutersby ReutersBy David Brunnstrom PHNOM PENH -China’s military drills around Taiwan in response to the U.S. house speaker’s visit to the self-ruled island is a disproportionate and unjustified escalation, U.S. Secretary …
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Pope meets Russian Orthodox number two ahead of meeting with Patriarch
by Reutersby ReutersBy Philip Pullella (Reuters) – Pope Francis met Bishop Anthony, the second most powerful leader of the Russian Orthodox Church, on Friday ahead of an expected summit next month with …
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Analysis-East Europe’s party is over as double-digit inflation bites
by Reutersby ReutersBy Krisztina Than ESZTERGOM, Hungary – In the weeks that followed Russia’s invasion of Ukraine, western Europe’s big economies began to falter. But further east it was still boom-time thanks …
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Block shares slip after crypto winter dampens quarterly results
by Reutersby Reuters(Reuters) – Shares of Jack Dorsey-led Block Inc, a digital payments firm that has bet big on bitcoin, declined nearly 7% in premarket trading on Friday after the company reported …
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JOHANNESBURG -AngloGold Ashanti’s CEO expects inflationary pressures to ease next year, he said on Friday after the miner joined rivals in reporting a hit to half-year profit and forecast that …