US dollar rises after days of losses, but weak outlook intact

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar advanced on Wednesday, recovering from two-month lows hit the previous session, as investors lightened their short positions to book profits ahead of the all-important U.S. non-farm payrolls report on Friday. The underlying trend though for the dollar remained tilted to the downside and Wednesday’s U.S. private …

US dollar rises after days of losses, but weak outlook intact Read More »

Husband of ex-Scottish leader Sturgeon quizzed by police in SNP funding probe

By Russell Cheyne and Andrew MacAskill GLASGOW (Reuters) -The husband of former Scottish leader Nicola Sturgeon was held by police on Wednesday as part of an investigation into the funding of the governing pro-independence Scottish National Party before later being released without charge. Police Scotland said a 58-year-old man had been arrested at 0645 GMT …

Husband of ex-Scottish leader Sturgeon quizzed by police in SNP funding probe Read More »

Russia’s Sibur exports LPG to Africa, Middle East and Asia as EU cuts buying

MOSCOW (Reuters) – Sibur, the largest producer and exporter of liquefied petroleum gas (LPG) in Russia, redirected exports to Africa, the Middle East and Asia in the past three months, industry sources said. The European Union imposed an embargo on the import of petroleum products of Russian origin from Feb. 5, but LPG was not …

Russia’s Sibur exports LPG to Africa, Middle East and Asia as EU cuts buying Read More »

Portuguese NGO sues TikTok, says platform ‘profits from children’

LISBON (Reuters) – A Portugal-based European consumer protection group has sued short-video app TikTok for allegedly allowing children aged under 13 to sign up for an account without parental consent and failing to implement measures to protect them. The lawsuit came a day after Britain’s data watchdog said it had fined TikTok 12.7 million pounds …

Portuguese NGO sues TikTok, says platform ‘profits from children’ Read More »

Stellantis unveils Ram EV pickup, to debut late in 2024, at New York auto show

By David Shepardson NEW YORK (Reuters) -Chrysler parent Stellantis NV on Wednesday unveiled its new electric Ram pickup truck, which is poised to debut on the market late in 2024 as a key part of the French-Italian automaker’s strategy to electrify its vehicle lineup. The 2025 model year Ram 1500 REV, introduced at the New …

Stellantis unveils Ram EV pickup, to debut late in 2024, at New York auto show Read More »

India says landslides near hydro projects unrelated to construction

NEW DELHI (Reuters) – Landslides in the Indian Himalayas around hydro power projects were caused mainly by topography, geological conditions and rainfall, the power ministry said on Wednesday, citing a study that ruled out construction as a factor. The government-run Indian Institute of Remote Sensing study of nine sites of state hydropower board NHPC Ltd …

India says landslides near hydro projects unrelated to construction Read More »

Crisis jolts Wall Street bankers already resigned to tough job market

By Tatiana Bautzer NEW YORK (Reuters) -Wall Street bankers face an increasingly gloomy job market after last month’s banking crisis worsened an already bleak outlook for pay and staffing. The failure of two U.S. banks – Silicon Valley Bank and Signature Bank – shook confidence in the industry and prompted government intervention to protect the …

Crisis jolts Wall Street bankers already resigned to tough job market Read More »

India may need some dairy imports despite improving stocks, says official

By C.K. Nayak and Rajendra Jadhav NEW DELHI/MUMBAI (Reuters) – India’s stockpiles of dairy products have recovered in the past two months, though some products could qualify for duty free imports during peak demand season, a senior government official said on Wednesday. Milk prices in the world’s biggest producer have risen at their fastest price …

India may need some dairy imports despite improving stocks, says official Read More »