Updated - Squid Business

Dollar edges up as market looks to CPI data; Aussie, kiwi rise on China

By Hannah Lang NEW YORK (Reuters) -The dollar was up slightly in skittish trading on Monday as investors awaited U.S. inflation data later this week, while the Australian and New Zealand dollars rallied after China pledged an “appropriately loose” monetary policy next year. While markets have priced in a quarter-point interest-rate cut by the U.S. …

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Boeing to lay off 396 employees in Washington

(Reuters) -U.S. planemaker Boeing is letting 396 employees go at various locations in Washington, a notice on Monday from the state’s Employment Security Department showed. Monday’s notice is a part of wider cuts announced in October that are expected to affect a total of 17,000 Boeing jobs, around 10% of the company’s global workforce, either …

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Israel ‘more optimistic’ on prospects of Gaza hostage deal

By James Mackenzie and Nidal al-Mughrabi JERUSALEM/CAIRO (Reuters) – Israel is now more optimistic about a possible hostage deal in Gaza, Foreign Minister Gideon Saar said on Monday, amid reports that Hamas had asked for lists of all hostages still held by militant groups in the Palestinian enclave. He said indirect negotiations were under way …

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Blinken warns Islamic State will try to re-establish capabilities in Syria

WASHINGTON (Reuters) -U.S. Secretary of State Antony Blinken warned on Monday that Islamic State will try to use this period to re-establish capabilities in Syria, but said the United States is determined not to let that happen. Blinken said Syrians have to choose their future, adding that statements by rebel leaders toward building inclusive governance …

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European countries put Syrian asylum bids on hold after Assad’s fall

By Riham Alkousaa BERLIN (Reuters) -European countries put asylum applications from Syrians on hold until further notice on Monday after rebels seized the Syrian capital and President Bashar al-Assad fled to Russia following 13 years of civil war. The decision, which affects tens of thousands of open claims, reflects the rapidly changing political situation in …

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‘Squid Game’ stars confident South Korea will overcome martial law turmoil

By Jisoo Kim and Daewoung Kim SEOUL (Reuters) – Stars of Netflix’s mega-hit series “Squid Game” on Monday lamented South Korea’s ongoing political turmoil since last week’s shocking martial law order by President Yoon Suk Yeol but said they were confident the country will overcome the crisis. The show’s highly anticipated second season premiered in …

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Taiwan raises alert as China deploys 90 ships in likely exercises

By Yimou Lee, Ben Blanchard TAIPEI (Reuters) -Taiwan raised its alert level on Monday, saying China had reserved airspace and deployed naval and coast guard vessels in what a security source called the first military drills across a broad swathe of the region’s waters. A senior Taiwan security official said China had nearly 90 navy …

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Israel says it will destroy Syria’s heavy strategic weaponry

By Maayan Lubell and Emily Rose JERUSALEM (Reuters) -Israel will step up airstrikes on Syrian stores of advanced weaponry, Israeli officials said on Monday, and keep a “limited” troop presence on the ground, hoping to head off any threat that could emerge in the fallout of president Bashar al-Assad’s overthrow. Israel has watched the upheaval …

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Canadian government to present mini budget on Dec. 16

By Ismail Shakil OTTAWA (Reuters) – The Canadian government will present its fall economic statement on Dec. 16, the finance ministry said on Monday, announcing a date for the budget update that will show the government’s revised deficit estimate. The mid-fiscal-year mini budget will be presented later than usual due to gridlock in parliamentary proceedings, …

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Killing of UnitedHealthcare exec ignites patient anger over insurance

By Stephanie Kelly and Julie Steenhuysen NEW YORK (Reuters) – Jen Watson, a 41-year-old mother in Federal Way, Washington, has worked for years with her doctor to find the right medications to deal with her multiple chronic illnesses, which include epilepsy and fibromyalgia. Her doctor had found some medications that could reduce Watson’s nerve pain, …

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