By Layli Foroudi and Manuel Ausloos PARIS (Reuters) – Riot police clashed with protesters on Friday evening in Paris as a new demonstration took place against the government’s plans to raise the French state pension age. The growing unrest, which has resulted in a wave of strikes since the start of the year and rubbish …
Police clash with protesters at Paris demonstration against pension overhaul Read More »
By Jacqueline Thomsen WASHINGTON (Reuters) -A new judge took over leadership of the U.S. trial court in Washington on Friday, inheriting oversight of secret proceedings involving special counsel criminal investigations into former President Donald Trump’s retention of classified documents and efforts by him and his allies to undo his 2020 election loss. James “Jeb” Boasberg …
New chief judge in Washington to oversee secret Trump proceedings Read More »
(Reuters) – S&P Global on Friday raised its sovereign rating on Saudi Arabia to “A/A-1”, citing expected reform and diversification plans to boost development of the kingdom’s non-oil sector and shift dependence away from oil. Rival ratings agency Moody’s also said that Saudi Arabia’s plans will support it amid volatile oil price cycles and a …
S&P, Moody’s positive on Saudi Arabia’s non-oil reforms Read More »
By Stephen Culp NEW YORK (Reuters) – Wall Street closed lower on Friday, marking the end of a tumultuous week dominated by an unfolding crisis in the banking sector and the gathering storm clouds of possible recession. All three indexes ended the session deep in negative territory, with financial stocks down the most among the …
Wall Street ends sharply lower on bank contagion fears Read More »
By Richard Cowan WASHINGTON (Reuters) – A Republican U.S. senator’s accusation on Thursday that Treasury Secretary Janet Yellen had lied during a tussle over the future of the Social Security program obscured behind-the-scenes talks between the White House and lawmakers that have been underway for months, according to sources. The war of words came in …
‘That’s a lie’ accusation obscures bipartisan Social Security reform talks -sources Read More »
(Reuters) – Former U.S. President Donald Trump posted to Facebook on Friday, marking his return to the social media platform two years after he was banned. Meta Platforms, which owns Facebook and Instagram, announced on Jan. 25 that it would reinstate Trump’s access to his accounts, saying the public should be allowed to hear from …
By Jeff Mason and Pete Schroeder WASHINGTON (Reuters) -U.S. President Joe Biden on Friday called on Congress to give regulators greater power over the banking sector, including leveraging higher fines for managers, clawing back executives’ compensation and barring officials from failed banks, according to a statement released by the White House. “No one is above …
Biden takes aim at failed bank executives’ pay, asks Congress to act Read More »
By Andy Sullivan WASHINGTON (Reuters) -A Republican proposal to cancel unspent COVID-19 relief money could undercut healthcare for military veterans and pensions for blue-collar workers while doing little to improve the U.S. fiscal picture, a Reuters review of federal spending figures found. The flood of COVID-relief aid — $5.2 trillion in all — that Congress …
Veterans, carpenters and vaccines: What’s at stake if US COVID aid is canceled Read More »
MADRID/BARCELONA (Reuters) – Spain is in the grip of a long-term drought after 36 months of below-average rainfall, with some parts so parched that officials have asked people to cut water use and meteorologists warn of worse to come. Some reservoirs in Catalonia, which surrounds Barcelona, are so low that old constructions like bridges and …
Church tower reemerges from parched reservoir in drought-hit Spain Read More »
By Shashwat Chauhan (Reuters) -Canada’s main stock index fell on Friday, dragged down by losses in financials as fears of a global banking meltdown continued to worry investors, while lower oil prices weighed on energy stocks. At 10:24 a.m. ET (1424 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 197.19 points, or 1.01%, …
Toronto stocks set for second straight weekly fall as financials, energy weigh Read More »
