By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks closed higher on Thursday, extending recent gains as data showing a fall in consumer prices in December bolstered expectations of less aggressive interest rate hikes from the Federal Reserve. U.S consumer prices fell for the first time in more than 2-1/2 years in December, the report …
Wall St ends up as data suggests inflation may be on downward trend Read More »
(Reuters) -Carlyle Group is in discussions with senior Wall Street executives for its top role, according to a Financial Times report on Thursday, citing multiple people familiar with the matter. The private equity firm is considering Citigroup Inc’s chief financial officer Mark Mason and Morgan Stanley’s chief operating officer Jonathan Pruzan as contenders for its …
Carlyle considering senior Wall Street execs for CEO role – FT Read More »
MADRID (Reuters) -Spain’s Supreme Court on Thursday dropped sedition charges against the leader of Catalonia’s failed bid for independence, Carles Puigdemont, after a reform of the country’s penal code abolished the crime. Puigdemont, who is in self-imposed exile in Belgium to avoid prosecution in Spain, still faces charges of disobedience and embezzlement, which carry jail …
Spain’s Supreme Court drops sedition charges against Catalan separatist leader Read More »
MOSCOW (Reuters) – Russia’s Foreign Ministry on Thursday criticised Reuters for spreading what it said was poorly sourced anti-Russian propaganda with a story about a Russian hacking team which targeted three nuclear research laboratories. Reuters on Jan. 6 reported the Russian hacking team, known as Cold River, had targeted three nuclear research laboratories in the …
Russia criticises Reuters story on Russian hackers targeting U.S. nuclear scientists Read More »
By Brendan O’Boyle (Reuters) – At least 40 people have died in clashes between Peruvian security forces and protesters in the Andean country’s worst outbreak of violence in over 20 years, as demonstrators call for systemic political changes and accountability for the deaths. WHAT SPARKED THE PROTESTS? Protests began after Congress removed President Pedro Castillo …
Explainer-Peru protests: What is behind the violence? Read More »
LONDON (Reuters) – More than 70,000 staff at 150 universities across the UK will strike for 18 days between February and March in disputes over pay, working conditions and pensions, the University and College Union (UCU) said on Thursday. “The clock is now ticking for the sector to produce a deal or be hit with …
Over 70,000 university staff in Britain to strike for 18 days over pay Read More »
By Sarah N. Lynch WASHINGTON (Reuters) – U.S. Attorney General Merrick Garland has appointed two different special counsels to independently investigate the handling of classified records by Republican former President Donald Trump and his Democratic successor, President Joe Biden. Jack Smith, a war crimes prosecutor, is investigating whether Trump or his associates improperly retained classified …
By Gabriel Araujo, Paula Laier and Alberto Alerigi SAO PAULO (Reuters) -Shares in Brazilian retailer Americanas SA plummeted more than 75% on Thursday after its chief executive resigned citing the discovery of “accounting inconsistencies” totaling 20 billion reais ($3.9 billion). Outgoing CEO Sergio Rial, who replaced Miguel Gutierrez less than two weeks ago, said in …
Brazil’s Americanas shares plunge 77% after accounting ‘inconsistencies’ found Read More »
By Tommy Wilkes and Ross Kerber (Reuters) – A campaign by U.S. Republican state officials to bar financial institutions from winning business because of their stance on issues like climate change could have cost taxpayers as much as an estimated $708 million in higher interest payments, according to a study backed by environmental activists and …
Anti-ESG drive in U.S. could have cost taxpayers up to $708 million – study Read More »
By Lewis Jackson SYDNEY (Reuters) – Floods and natural disasters that hit all but one Australian state and territory in 2022 cost the economy A$5 billion ($3.48 billion) and stoked inflation according to Treasury estimates which forecast billions more spending in 2023. Australia suffered four major bouts of flooding last year, with global reinsurer Munich …
Australia’s natural disasters bill hits $3.5 billion in 2022, billions more to come Read More »
