By Philip Pullella and Crispian Balmer VATICAN CITY (Reuters) -Pope Francis led the funeral of former Pope Benedict on Thursday, tenderly touching the coffin of his predecessor as he stood supported on a cane before tens of thousands of mourners, with some calling for the late pontiff to be made a saint. Benedict’s death on …
Supporters demand sainthood for Benedict as Pope Francis leads funeral Read More »
WASHINGTON (Reuters) – Inflation is the biggest headwind facing the U.S. economy right now and U.S. Federal Reserve officials “remain determined” to lower it back to the central bank’s 2% target, Atlanta Federal Reserve bank president Raphael Bostic said on Thursday. Inflation “is way too high here in the United States….I and the Federal Open …
Fed’s Bostic: Officials “remain determined” to beat inflation Read More »
(Reuters) – Real estate broker Compass Inc said on Thursday it would cut more jobs to deal with a downturn in the housing market as it set a target of becoming free cash flow positive by the end of the second quarter. Rising mortgage rates have made homes unaffordable for many in the past few …
Real estate broker Compass to cut more jobs to deal with housing downturn Read More »
(Reuters) -U.S. online spending during the 2022 holiday season rose by a better-than-expected 3.5%, a report by Adobe Analytics showed, as retailers used hefty discounts to lure inflation-weary consumers into spending on everything from toys to electronics. Shoppers spent a record $211.7 billion online over the holiday season, which typically starts in November and ends …
Heavy discounts drive record U.S. online holiday spending – report Read More »
By Khanh Vu HANOI (Reuters) -Vietnam’s National Assembly, the country’s lawmaking body, on Thursday voted to dismiss two deputy prime ministers from their posts, a government statement said, in what analysts suspect is a new escalation in an anti-corruption crackdown. There was no explanation of parliament’s decision to remove Pham Binh Minh and Vu Duc …
Vietnam removes two deputy PMs amid anti-corruption drive Read More »
By Nidal al-Mughrabi GAZA (Reuters) – Gaza’s Health Ministry accused Israel on Thursday of delaying the entry of several X-ray machines needed to treat patients in the blockaded Palestinian territory. The ministry, run by the Gaza Strip’s ruling Islamist group Hamas, said requests in the past 14 months for eight different types of X-ray machines …
Gaza says Israel not allowing in enough X-ray machines for medical care Read More »
By Charlie Devereux MADRID (Reuters) – Several bookstores in Spain were selling the much-awaited memoir by Britain’s Prince Harry on Thursday, five days ahead of the book’s official launch date. A Reuters reporter bought a Spanish-language copy of “Spare”, which was due to be published on Jan. 10, at a large bookstore in Madrid. A …
Prince Harry’s book sold ahead of official launch date in Spain Read More »
PARIS (Reuters) -Iran should look at what is going on at home before criticising France, Foreign Minster Catherine Colonna said on Thursday, a day after Paris’ envoy in Tehran was summoned over cartoons published by the French satirical magazine Charlie Hebdo. Ties between France and Iran have deteriorated in recent months as efforts to revive …
No lessons to take from Iran over press, judicial freedoms – France Read More »
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits dropped to a three-month low last week while layoffs fell 43% in December, pointing to tight labor market that could require the Federal Reserve to keep hiking interest rates. Initial claims for state unemployment benefits decreased 19,000 to a seasonally adjusted 204,000 …
U.S. weekly jobless claims at three-month low; layoffs drop in December Read More »
OTTAWA (Reuters) – Canada posted a trade deficit of C$41 million ($30.32 million) in November, driven by lower exports of energy products, with both imports and exports affected by the appreciation of the Canadian dollar, Statistics Canada said on Thursday. Analysts had forecast Canada to post a C$610 million surplus. Exports were down 2.3%, largely …
Canada posts C$41 million Nov trade deficit on lower energy exports Read More »
