Reuters USA

By Doina Chiacu and David Morgan WASHINGTON (Reuters) -U.S. Representative Kevin McCarthy struggled to beat back hard-line conservative opposition and secure enough votes to give him the speakership when the new House of Representatives convenes with a narrow Republican majority on Tuesday. After a poorer-than-expected showing in the November midterm elections, McCarthy’s fellow Republicans have …

Kevin McCarthy struggles for top spot in new Republican-led U.S. Congress Read More »

WASHINGTON (Reuters) – U.S. Capitol Police are prepared for any possible future attacks on Congress, its chief said on Monday ahead of the second anniversary of the deadly Jan. 6, 2021, attack and the dissolution of the congressional panel investigating it. “The current threat climate, particularly against elected officials, will require continued and heightened vigilance,” …

U.S. Capitol Police ready for future attacks as Jan. 6 anniversary looms Read More »

(Reuters) -A problem with a critical air traffic control system that caused flight delays at major airports in Florida on Monday has been fixed, the Federal Aviation Administration (FAA) said. “The computer issue has been resolved. The FAA is working toward safely returning to a normal traffic rate in the Florida airspace,” the U.S. agency …

U.S. FAA says it fixed computer issue that delayed Florida flights Read More »

By Anthony Boadle BRASILIA (Reuters) -Brazilian markets delivered a withering verdict on leftist President Luiz Inacio Lula da Silva’s first full day in office on Monday, after he pledged to prioritize social issues and ordered a budget-busting extension to a fuel tax exemption. Lula’s decision to extend the fuel tax exemption, which will deprive the …

Brazil markets tumble on Lula’s first full day in office Read More »

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Global market trading properly kicks into gear on Tuesday, with the latest insight into how China’s manufacturing sector closed last year likely to set the tone for the day ahead in Asia. China’s Caixin manufacturing purchasing managers index …

Marketmind: China in spotlight as 2023 properly gets going Read More »

BRASILIA (Reuters) – Brazil posted a $62.3 billion trade surplus in 2022, official data showed on Monday, a record in the series started in 1989. In December, the trade surplus was $4.8 billion, said the Development, Industry, Trade and Services ministry. That exceeded the $3 billion surplus forecast in a Reuters poll with economists. The …

Brazil posts record trade surplus of $62.3 billion in 2022 Read More »

PARIS (Reuters) – Malteries Soufflet, a branch of French agribusiness group InVivo, said on Monday it had signed an agreement to take over Belgian malthouse Castle Malting, one of the oldest producers of the beer ingredient in the world. When InVivo announced the takeover of its peer Soufflet late 2021, it said it aimed to …

France’s InVivo to buy one of the world’s oldest malthouses in Belgium Read More »

BRASILIA (Reuters) -Brazil’s new finance minister, Fernando Haddad, said on Monday he would propose a new fiscal anchor in the first half of this year as leftist President Luiz Inacio Lula da Silva’s team works to “restore” public accounts. “We are not here for adventures,” he said, seeking to calm market jitters over the return …

Brazil’s Haddad vows to ‘restore’ public accounts Read More »

JERUSALEM (Reuters) -The Bank of Israel on Monday raised its benchmark interest rate by half a point, the seventh straight meeting at which it has increased rates to try to curb inflation that remains above 5%. The central bank as expected lifted its key rate to a 14-year high of 3.75% from 3.25%. In April, …

Bank of Israel hikes key rate 1/2-point with inflation at 14-year high Read More »

ISTANBUL (Reuters) – The Turkish trade deficit widened 138.4% from the previous year to $110.19 billion in 2022, the Trade Ministry said on Monday, with exports rising 12.9% to $254.2 billion and imports jumping 34.3% to $364.4 billion. In December, the trade deficit widened 52% from a year earlier to $10.381 billion, with exports up …

Turkish 2022 trade deficit leaps 138% to $110.2 billion -ministry Read More »