By Arathy Somasekhar HOUSTON(Reuters) – Oil prices fell 1.5% on Wednesday after the U.S. Federal Reserve projected more interest rate hikes this year, worrying markets about demand just hours after government data showed an unexpected, large build in U.S. crude oil stocks. Brent crude futures settled $1.09, or 1.5%, lower at $73.20 a barrel, while …
Oil drops 1.5% as Fed projects more rate hikes this year Read More »
By Jessie Pang HONG KONG (Reuters) – Various versions of the pro-democracy protest anthem “Glory to Hong Kong” were unavailable on Apple’s iTunes Store, Spotify, KKBOX, Facebook and Instagram’s Reels on Wednesday after the government sought an injunction banning the song outright. A Reuters search for the song’s Chinese title on Apple’s iTunes Store and …
Hong Kong protest anthem’s online presence fades as govt seeks total ban Read More »
By Amindeh Blaise Atabong DOUALA (Reuters) -South African mobile operator MTN Group said on Wednesday that its Cameroon operations were threatened by the seizure of its bank accounts in the country as part of a dispute in which it plays no part. MTN Cameroon’s accounts with more than 14 billion CFA francs ($22 million) have …
MTN says asset seizure in Cameroon threatens operations Read More »
LONDON (Reuters) -Lawmakers on Britain’s powerful Treasury Select Committee have written to the Financial Conduct Authority to question the regulator’s supervision of Odey Asset Management (OAM) and its founder Crispin Odey. The letter sent to the FCA on Wednesday, and signed by the committee’s chair Harriett Baldwin, follows allegations of sexual misconduct by OAM’s founder, …
UK lawmakers question FCA supervision of Odey Asset Management Read More »
By Duncan Miriri NAIROBI (Reuters) -Companies from Saudi Arabia bought more than 2.2 million tonnes of carbon credits on Wednesday as the Kenyan capital hosted what organisers have billed as the world’s largest sale of its kind. Demand for carbon offsets, generated through projects such as tree planting or using cleaner cooking fuel, is expected …
Saudi companies buy 2.2 million tonnes of carbon credits in Kenya auction Read More »
(This June 12 story has been refiled to say Republican supporters, not Trump supporters in paragraph 3) By Jason Lange WASHINGTON (Reuters) – A vast majority of Republicans believe federal criminal charges against Donald Trump are politically motivated, according to a Reuters/Ipsos poll completed on Monday that also showed him far ahead of his nearest …
Most Republicans see politics behind Trump indictment -Reuters/Ipsos poll Read More »
By Ngouda Dione THIES, Senegal (Reuters) – In a dusty alleyway in the Senegalese city of Thies, Japanese wrestler Shogo Uozumi lay face-down in the sand after being tossed in the air by an oversized opponent. Uozumi then rose to his feet, dusted himself off and rejoined the surrounding group of wrestlers wearing loincloths. Back …
Japanese wrestler moves to Senegal to master ancient martial art Read More »
By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares advanced for the third consecutive session on Wednesday, aided by a rise in metal stocks on expectations of demand revival in top consumer China, while gains were capped ahead of a rate decision by the U.S. Federal Reserve. The blue-chip Nifty 50 index closed 0.21% higher at 18,755.90, …
Metals, FMCG stocks lift Indian shares ahead of Fed policy decision Read More »
JOHANNESBURG (Reuters) -The South African rand jumped against the dollar on Wednesday, ahead of the U.S. Federal Reserve’s interest rate decision. At 1535 GMT, the rand traded at 18.3025 against the dollar, about 1.8% stronger than its previous close. The dollar was last down 0.56% at 102.72. “The market is holding its breath for the …
South African rand jumps ahead of Fed rate decision Read More »
By Paul Sandle and Clare Jim LONDON/HONG KONG (Reuters) -Vodafone and CK Hutchison unveiled the long-awaited 15 billion pound ($19 billion) merger of their British mobile operations on Wednesday, saying the creation of a new market leader would help drive competition and investment. Expected since the two companies disclosed talks in October, the deal faces …
Vodafone, Hutchison strike $19 billion deal to create UK mobile leader Read More »
