TOKYO (Reuters) – Japan’s base salary grew at a 32-year-high pace in October, government data showed on Friday, boosting real wages after two months of decreases and offering statistical support for the prospects of a central bank rate hike this month. The Bank of Japan must scrutinise various data at its Dec. 18-19 rate review, …
Japan Oct wages show 32-year-high base pay growth, positive for BOJ hike Read More »
By Jamie McGeever ORLANDO, Florida (Reuters) -While the dollar has benefited enormously this year from the tech-led wave of U.S. “exceptionalism” that has lifted American growth, productivity, profits and stock prices, the greenback has also gotten a huge helping hand from its crisis-prone rivals. Â Â Â Â Unforeseen political and economic events have drawn investors toward the safety …
By Abhirup Roy, Andrew Hay SAN FRANCISCO (Reuters) -A powerful earthquake of magnitude 7 hit off the coast of a sparsely populated area of northern California on Thursday, prompting coastal towns to evacuate low-lying areas amid a tsunami warning that was later canceled. No deaths or injuries were reported. There were no reports of major …
Strong quake strikes off California, tsunami warning canceled Read More »
By Rich McKay and Luc Cohen NEW YORK (Reuters) -New York police released new photos on Thursday showing the face of the man suspected of gunning down UnitedHealth executive Brian Thompson in Midtown Manhattan, with the shooter still at large nearly 36 hours after authorities launched a citywide manhunt to track him down. Thompson, the …
Killer of UnitedHealth’s Thompson still at large amid manhunt in New York Read More »
NEW YORK (Reuters) – Citigroup on Thursday announced the promotion of 344 executives in 29 countries to managing directors, known as MD, the bank’s higher officer title. A memo sent to all employees by the executive management committee said this year had one of “the largest MD cohorts in our firm’s history.” The committee also …
Citigroup promotes 344 executives to managing directors Read More »
RABAT (Reuters) -The African Development Bank plans to lend Morocco 650 million euros to develop transportation infrastructure for the World Cup in 2030, MAP state news agency quoted the bank’s head as saying on Thursday. Bank President Akinwumi Adesina said financing to develop Morocco’s rail and airport infrastructure for the World Cup would be put …
Morocco to get loan for 2030 World Cup infrastructure Read More »
By Amina Niasse and Manas Mishra NEW YORK (Reuters) – Health insurance companies are reassessing the risks for their top executives after the murder of UnitedHealthcare CEO Brian Thompson on Wednesday in Manhattan, with both UnitedHealth and rival CVS Health removing photos of their leadership teams from their websites after the shooting. UnitedHealthcare, part of …
Healthcare industry rethinks risk after murder of UnitedHealth exec Read More »
By David Shepardson CHICAGO (Reuters) -The head of the Federal Aviation Administration said on Thursday that Boeing has not yet resumed producing 737 MAX airplanes following a machinists strike, but plans to begin later this month. FAA Administrator Mike Whitaker this week met with Boeing CEO Kelly Ortberg and toured Boeing’s 737 plant in Renton, …
FAA administrator says Boeing still not producing MAX planes after strike Read More »
By Andy Sullivan, David Morgan and Richard Cowan WASHINGTON -Billionaire Elon Musk and former presidential candidate Vivek Ramaswamy met on Thursday with Republican lawmakers whose support they will need to win the sweeping spending cuts that President-elect Donald Trump has asked them to find. Trump has named two entrepreneurs to a task force that aims …
Elon Musk brings Trump’s government efficiency push to Capitol Hill Read More »
By Suleiman Al-Khalidi and Timour Azhari AMMAN/BEIRUT (Reuters) -Syrian rebels captured the city of Hama on Thursday, a major victory in a week-old lightning advance across northern Syria and a devastating new blow to President Bashar al-Assad and his Russian and Iranian allies. After years locked behind frozen frontlines, the rebels have burst forth to …
Syrian rebels capture key city of Hama in fresh blow to Assad Read More »
