By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) -MSCI’s global equity index rose on Wednesday, hitting its highest level in almost two years, backed by positive earnings and economic data in both Europe and the United States as well as optimism China stimulus will support its stock markets. Treasury yields rebounded on Wednesday as …
Stocks climb on positive earnings, economic data; yields rise Read More »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar dropped on Wednesday, taking a breather from recent gains, as investors consolidated positions and looked to economic data this week and the Federal Reserve policy meeting next week for more clues about the start of the easing cycle. The currency, however, cut its losses after data …
US dollar falls ahead of GDP, inflation data; Fed in focus Read More »
By Scott DiSavino NEW YORK (Reuters) – Oil prices edged up about 1% on Wednesday on a bigger-than-expected U.S. crude storage withdrawal, a slump in U.S. crude output, Chinese economic stimulus, geopolitical tensions and a weaker dollar. Brent crude futures rose 49 cents, or 0.6%, to settle at $80.04 a barrel, while U.S. West Texas …
Oil edges up 1% on big US crude withdrawal, China stimulus Read More »
By Nathan Layne, Gram Slattery and James Oliphant MANCHESTER, New Hampshire (Reuters) -Donald Trump cruised to victory in New Hampshire’s Republican presidential contest on Tuesday, marching closer to a November rematch with Democratic President Joe Biden even as his only remaining rival, former U.N. Ambassador Nikki Haley, vowed to soldier on. “This race is far …
Trump cruises in New Hampshire primary election, Haley vows to fight on Read More »
By Gram Slattery, Nathan Layne and James Oliphant MANCHESTER, New Hampshire (Reuters) – Donald Trump didn’t just want to win in New Hampshire, he wanted to beat Nikki Haley so badly that his sole rival for the Republican presidential nomination would drop out before the next competitive contest in South Carolina a month away. The …
Trump furious as he fails to knock out Haley before South Carolina Read More »
By Anushree Ashish Mukherjee (Reuters) – Gold eased on Wednesday after data showed strong U.S. business activity, even as a weakened dollar limited losses, while investors looked ahead to more economic indicators to assess when the Federal Reserve might first cut interest rates. Spot gold was down 0.7% at $2,014.56 per ounce at 2:13 p.m. …
Gold stumbles on strong US data, as traders strap in for more Read More »
By Patrick Werr CAIRO (Reuters) – Egypt’s sovereign wealth fund is finalising a masterplan to revamp Cairo’s historic centre now that government ministries have largely moved to a new capital to the east, and hopes to break ground on the project within months, its chief executive said. The area, modelled on Paris in the 1860s, …
With government relocated, Egypt set to unveil overhaul of downtown Cairo Read More »
By Muvija M LONDON (Reuters) -An Abu Dhabi-backed group has tweaked its takeover plan for Britain’s Telegraph newspaper, prompting another round of government scrutiny and a scolding from a minister over the last-minute changes. Growing alarm over possible foreign meddling in editorial matters at the politically influential, right-leaning title led media minister Lucy Frazer to …
Abu Dhabi-backed firm’s 11th hour tweaks to Telegraph deal draws new UK scrutiny Read More »
By Jody Godoy NEW YORK (Reuters) -British billionaire Joe Lewis pleaded guilty to U.S. insider trading charges on Wednesday after being accused last year of a scheme that prosecutors said was designed to enrich friends and associates, and apologized to a judge for his conduct. Lewis, 86, pleaded guilty to one count of conspiracy to …
British billionaire Joe Lewis pleads guilty to US insider trading charges Read More »
(This Jan. 22 story has been corrected to reflect that a plurality, not a majority of foreign students, come from India, in paragraph 13) By Wa Lone TORONTO (Reuters) – Canada on Monday announced a two-year cap on new international student permits after explosive growth in recent years aggravated the housing shortage. Last year Canada …
Why is Canada capping foreign students and who will be impacted? Read More »
