By Lucy Raitano LONDON (Reuters) – Investors cut their cash holdings for the first time in eight weeks in the week to Wednesday, while shedding equities and gold, according to a report from BofA Global Research on Friday. Market focus has shifted to inflation and the outlook for monetary tightening in recent weeks as fears …
Investors cut cash holdings as market focus shifts to inflation Read More »
By Daniel Leussink and Maki Shiraki TOKYO (Reuters) -Toyota Motor Corp’s chief executive on Friday gave a stark assessment of the Japanese automaker’s work ahead in China, saying it must move faster as its competition in the world’s biggest auto market surges. Toyota is under pressure in China from local brands such as BYD Co …
Toyota must do more, faster to meet China market expectations – CEO Read More »
MADRID (Reuters) – Spanish military aircraft are on standby and ready to evacuate some 60 Spanish nationals and about 20 civilians from other countries from Sudan’s capital Khartoum amid armed conflict there, Foreign Minister Jose Manuel Albares said on Friday. The unabated fighting that broke out six days ago in Sudan has killed at least …
Spanish planes ready to evacuate foreign civilians from Sudan Read More »
By Matt McKnight and Daniel Trotta BROOMFIELD, Colorado (Reuters) – Colorado-based Biofire Tech is taking orders for a smart gun enabled by facial-recognition technology, the latest development in personalized weapons that can only be fired by verified users. But in a sign of the long, challenging road that smart guns have faced, a prototype twice …
Smart gun operating on facial recognition goes on sale in U.S Read More »
By Bharath Rajeswaran BENGALURU (Reuters) – Indian shares were subdued on Friday, snapping a three-week winning streak, as investors remained cautious after a weak outlook from HCLTech Ltd and ahead of the quarterly earnings of Reliance Industries Ltd, the country’s top firm by market capitalisation. The Nifty 50 closed 0.40 points lower to 17,624.05, while …
Indian shares log weekly losses on risk aversion amid Q4 earnings Read More »
WASHINGTON (Reuters) – U.S. Vice President Kamala Harris planned to visit Miami on Friday, a White House official said, as she announces a $562 million investment in helping communities become more resilient to climate change. The trip coincides with U.S. President Joe Biden’s signing of an executive order that the White House said will direct …
U.S. vice president to visit Miami, announce $562 million climate investment Read More »
(Reuters) – A magnitude 6.0 earthquake struck in the northern Molucca Sea region near Indonesia on Friday, the German Research Centre for Geosciences (GFZ) said. The quake was at a depth of 10 km (6.2 miles), GFZ said. (Reporting by Anusha S; editing by John Stonestreet)
BENGALURU (Reuters) – Indian miner Hindustan Zinc Ltd on Friday reported a nearly 12% fall in March quarter profit, hurt mainly by lower zinc and lead prices and higher expenses. Consolidated net profit fell to 25.83 billion rupees ($314.68 million) in the fourth quarter from 29.28 billion rupees a year earlier. Zinc prices are down …
India’s Hindustan Zinc Q4 profit falls 12% on weaker zinc, lead prices Read More »
GENEVA (Reuters) – The World Health Organization said on Friday that 413 people had been killed and 3,551 injured in Sudan since intense fighting broke out there six days ago. WHO has so far recorded 11 attacks on health facilities in the country and has called for such attacks to cease, spokesperson Margaret Harris said. …
Sudan death toll rises to 413, World Health Organization says Read More »
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy has floated a plan that would pair $4.5 trillion in spending cuts with a $1.5 trillion increase in the U.S. debt ceiling. His proposal does not include some of the more dramatic fiscal ideas floated by Republicans who control the House. Here are some possibilities …
Explainer-Tax cuts, balanced budget: What’s not in Republican McCarthy’s debt plan? Read More »
