By Karen Brettell NEW YORK (Reuters) – The dollar rose on Thursday against the euro after the European Central Bank eased its pace of rate hikes, a day after the Federal Reserve hiked rates by 25 basis points and indicated that it may pause further increases. The ECB’s 25-basis-point increase was the smallest since it …
By Seher Dareen (Reuters) – Gold made another run toward record highs on Thursday as U.S. banking concerns accelerated a flight to the safe-haven asset and sustained its stellar rally driven by bets for a pause in U.S. rate hikes. Spot gold was up 0.3% at $2,045.79 per ounce by 1:40 p.m. EDT (1740 GMT) …
Gold flirts with all-time highs as banking concerns deepen Read More »
By Tanvi Mehta NEW DELHI (Reuters) -Dozens of pilots, many from crisis-hit Go First, flocked to a Tata group hotel near Delhi on Thursday for walk-in interviews with the conglomerate’s Air India airline. Go First’s announcement on Tuesday that it had filed for bankruptcy as demand for post-pandemic air travel in the world’s most populous …
Disheartened Go First pilots rush to Air India’s jobs drive Read More »
By Jennifer Rigby and Emma Farge LONDON (Reuters) -A panel of global health experts will meet on Thursday to decide if COVID-19 is still an emergency under the World Health Organization’s rules, a status that helps maintain international focus on the pandemic. The WHO first gave COVID its highest level of alert on Jan. 30, …
WHO experts to weigh whether world ready to end COVID emergency Read More »
By Arathy Somasekhar HOUSTON (Reuters) -The head of East Timor’s national oil company said he expects a decision by November on whether to pipe natural gas from its offshore Greater Sunrise project to the Southeast Asia island or to Australia for liquefaction and export. Production at the new field could start around 2030, Antonio De …
Timor Gap CEO expects Great Sunrise gas project decision by November Read More »
BEIJING (Reuters) – China’s Toronto consulate-general said on Thursday that a report of consular officers “coercing” a Canadian lawmaker and his family have “no factual basis and is purely baseless”, adding that Canadian media and politicians have ulterior motives. “We express strong dissatisfaction and firm opposition to this,” the consulate-general spokesperson said in a statement, …
China says claims of officials ‘coercing’ Canadian lawmaker, relatives are false Read More »
BENGALURU (Reuters) – India’s United Breweries Ltd reported a 94.03% slide in fourth-quarter profit on Thursday, hurt by higher raw material costs. The liquor maker, partly owned by the Dutch brewer Heineken, said its standalone profit fell to 97.3 million rupees ($1.19 million) in the three months ended March 31, from 1.63 billion rupees a …
India’s United Breweries posts slump in Q4 profit on higher input costs Read More »
MOSCOW (Reuters) – Russia is expected to increase seaborne oil exports from its western ports this month to a four-year high to meet Asian demand for low-priced oil, two sources familiar with the loading plans from the ports said. Weaker global prices mean Russian oil trades below $60 per barrel, the price cap level imposed …
Russian oil companies ramp up May exports to meet Asian demand Read More »
By Jibran Ahmad PESHAWAR, Pakistan (Reuters) -Islamist militants killed six Pakistani soldiers in an exchange of fire with the military in a northwestern tribal district bordering Afghanistan, the army said on Thursday. The Pakistani Taliban, also known as Tehreek-e-Taliban Pakistan (TTP), an umbrella group of several Sunni Muslim militant groups, claimed responsibility. Prime Minister Shehbaz …
Islamist militants in Pakistan kill six soldiers near Afghan border Read More »
By Zarir Hussain and Krishn Kaushik GUWAHATI, India (Reuters) – Soldiers of the Indian Army held flag marches and evacuated thousands of civilians amid a dawn-to-dusk curfew to quell violence between tribal and non-tribal groups in the remote northeastern state of Manipur, officials said on Thursday. Violence initially broke out during a protest march on …
Indian army steps in to quell violence in northeastern state of Manipur Read More »
