By Yew Lun Tian and David Lawder BEIJING/WASHINGTON (Reuters) -Beijing on Monday urged Washington to show restraint as the U.S. military searched for remnants of what it believes was a Chinese surveillance balloon it shot down over the Atlantic but which China says was a civilian craft that accidentally drifted astray. The balloon drama has …
China urges restraint as U.S. military searches for balloon remnants Read More »
BOSASO (Reuters) -At least 34 people were killed in clashes between soldiers and anti-government fighters in a disputed town in Somalia’s northern breakaway region of Somaliland on Monday, doctors and officials said. The region’s government said on Twitter armed men attacked army bases and state offices in Laascaanood early in the morning. It accused unnamed …
At least 34 killed in Somaliland clashes – medics Read More »
BRASILIA (Reuters) – Private economists now expect Brazil’s central bank to start cutting rates in November rather than September, a bank survey showed on Monday, after policymakers alerted last week that they were looking at holding rates longer than the market expected. The central bank signaled in its policy decision it might hold interest rates …
Brazil interest-rate cuts seen kicking off in Nov, cenbank survey shows Read More »
By Svea Herbst-Bayliss NEW YORK (Reuters) – Silicon Valley law firm Wilson Sonsini Goodrich & Rosati hired a veteran attorney to help lead its shareholder activism practice at a time corporate agitators are flexing their muscle and battling with ever larger companies around the world. Sebastian Alsheimer, a partner at law firm Olshan who has …
U.S. law firm Wilson Sonsini hires Alsheimer from Olshan for activism practice Read More »
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold its key interest rate at 7.5% on Friday but may give a more hawkish signal to the market as inflationary risks become more pronounced, a Reuters poll showed on Monday. Last year, the bank gradually reversed an emergency …
Russia central bank to adopt hawkish tone, keep rate at 7.5% this week: Reuters poll Read More »
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Monday said she saw a path for avoiding a U.S. recession, with inflation coming down significantly and the economy remaining strong, given the strength of the U.S. labor market. “You don’t have a recession when you have 500,000 jobs and the lowest unemployment rate …
Yellen: ‘You don’t have a recession’ when U.S. unemployment at 53-year low Read More »
(Reuters) – Cummins Inc on Monday forecast fiscal 2023 revenue growth between 12% and 17%, anticipating strong demand for its engines used in trucks and other heavy vehicles. The company, which benefited from robust demand for trucks amid a recovery in economic activities and increase in e-commerce deliveries, reported a jump of nearly 9% in …
Cummins sees double-digit revenue growth for fiscal 2023 on engine demand Read More »
BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva will this month restart the federal housing program “Minha Casa, Minha Vida” for lower income people, his chief of staff said on Sunday. Rui Costa said on TV GloboNews that the announcement will be made on Feb. 14 in Bahia state as part of several …
Brazil’s Lula to restart housing program for low-income families Read More »
By Danielle Broadway LOS ANGELES (Reuters) – The biggest names in the music industry gathered in Los Angeles on Sunday for the 65th annual Grammy Awards ceremony. Here is a list of winners in key categories: ALBUM OF THE YEAR “Harry’s House” – Harry Styles RECORD OF THE YEAR “About Damn Time” – Lizzo SONG …
Factbox: Key winners at music industry’s 2023 Grammy Awards Read More »
By Nate Raymond (Reuters) – A federal law prohibiting marijuana users from possessing firearms is unconstitutional, a federal judge in Oklahoma has concluded, citing last year’s U.S. Supreme Court ruling that significantly expanded gun rights. U.S. District Judge Patrick Wyrick, an appointee of former Republican President Donald Trump in Oklahoma City, on Friday dismissed an …
Ban on marijuana users owning guns is unconstitutional, U.S. judge rules Read More »
