By Maayan Lubell JERUSALEM (Reuters) – Israeli Prime Benjamin Netanyahu defended on Friday a proposed shakeup of the judiciary but also indicated changes could be made to draft legislation that critics say would damage democracy and the independence of courts. The 73-year-old political veteran, who is on trial for corruption charges that he denies, returned …
Israel’s Netanyahu defends plan to rein in judiciary Read More »
LONDON (Reuters) – Global banks are in the process of cutting over 6,000 jobs as profits at lucrative investment banking units come under pressure from volatility in capital markets and fast-rising interest rates, according to a Reuters tally of reported cuts. Rapidly deteriorating economic conditions have also prompted lenders to build rainy-day funds to brace …
Factbox-Global banks cut jobs as cost pressures mount Read More »
By Nidhi Verma NEW DELHI (Reuters) – India has capped trading margins on the resale of gas produced from deepwater blocks, according to a government order issued on Friday, to cut profiteering by traders and bring down prices. The federal government fixes the ceiling price of gas produced from the deepwater fields as the nation …
India caps trading margin on resale of gas from deep sea fields Read More »
By Jonathan Stempel NEW YORK (Reuters) – The U.S. Department of Justice forcefully rejected Bill Hwang’s claim that it sandbagged him by concealing its plan to charge him with fraud over the collapse of his $36 billion Archegos Capital Management LP. In a Thursday night filing in Manhattan federal court, prosecutors said there was no …
U.S. rejects Bill Hwang’s sandbagging claim in Archegos prosecution Read More »
13 ene (Reuters) – El principal selectivo bursátil español consolidó el viernes su cuarta sesión al alza, impulsado por los indicios de que la inflación se ralentiza. El dato sobre la confianza de los consumidores estadounidenses de que la presión sobre los precios podría empezar a caer también contribuyó al tono positivo. Igualmente, los mercados …
El Ibex cierra en positivo por el buen ánimo sobre la inflación Read More »
BERLIN (Reuters) – German Chancellor Olaf Scholz is under pressure to approve an increase in international military support for Kyiv by allowing the export of Leopard 2 battle tanks to Ukraine. Germany has resisted such a move so far, saying Western tanks should only be supplied to Ukraine if there is agreement among Kyiv’s main …
Explainer-West mulls sending German Leopard 2 tanks to Ukraine Read More »
WASHINGTON (Reuters) – U.S. consumers believe price pressures will ease considerably over the next 12 months, with a survey on Friday showing their one-year inflation outlook falling in January to the lowest level since the spring of 2021. The University of Michigan Surveys of Consumers said the one-year inflation outlook slipped to a preliminary reading …
U.S. consumer inflation expectations fall in January Read More »
WASHINGTON (Reuters) – U.S. President Joe Biden welcomed Japanese Prime Minister Fumio Kishida at the White House on Friday and told him that the United States strongly supports the defense of Japan. In their Oval Office meeting, Biden also thanked Kishida for strong leadership in working closely on technology and economic issues. (Reporting by Andrea …
Biden tells Kishida U.S. strongly supports defense of Japan Read More »
KIRUNA, Sweden (Reuters) – The European Union will assess whether Poland’s latest changes to the judiciary can unlock billions worth of EU aid only when the new law is fully implemented, the head of the European Commission said on Friday. Ursula von der Leyen spoke after the lower chamber of the Polish parliament adopted a …
EU chief says Polish law must be implemented to unlock funds Read More »
By Gabriela Baczynska BRUSSELS (Reuters) -Poland and Lithuania want to lower the price cap on Russian oil, and target Russia’s nuclear sector under new European Union sanctions against Moscow and Minsk for the war in Ukraine, senior diplomats from the two EU countries said on Friday. As the first anniversary of Russia’s invasion nears, Europe …
Poland, Lithuania want lower Russian oil cap, nuclear curbs in new EU sanctions Read More »
