By Makiko Yamazaki and Maki Shiraki TOKYO (Reuters) -Toyota faces an unprecedented challenge at its annual shareholder meeting on Wednesday, with some pension funds voting against Chairman Akio Toyoda on governance issues, while seeking more disclosures on the Japanese automaker’s climate lobbying. The world’s top car maker has become a target in recent years for …
Toyota to face governance challenge at shareholder meeting Read More »
By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq reached their highest closes in 14 months on Tuesday after data showed consumer prices rose modestly in May, boosting bets that the Federal Reserve will not raise interest rates on Wednesday. Nvidia jumped 3.9%, becoming the first chipmaker to end a …
US stocks end higher as inflation data cements bets on rate hike pause Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices barely rose in May and the annual increase in inflation was the smallest in more than two years, though underlying price pressures remained strong, supporting the view that the Federal Reserve would keep interest rates unchanged on Wednesday while adopting a hawkish posture. The smaller-than-expected rise …
US consumer price increases slow; underlying inflation sticky Read More »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar dropped to a three-week low on Tuesday on news of the smallest annual increase in inflation last month in more than two years, cementing expectations that the Federal Reserve will pause interest rate hikes at its two-day meeting ending on Wednesday. The dollar index slid as …
Dollar skids to three-week low as US inflation data reinforces Fed pause view Read More »
By Herbert Lash NEW YORK (Reuters) – Global shares rallied and the dollar eased on Tuesday after U.S. consumer price data showed inflation barely rose in May, increasing expectations the Federal Reserve will pause hiking interest rates when it concludes a two-day meeting on Wednesday. The annual increase in the consumer price index was the …
Stocks jump, dollar eases as inflation data suggests Fed pause Read More »
By Sam Tobin LONDON (Reuters) – Britain’s biggest private pension scheme on Tuesday asked a London court to block a landmark lawsuit over its alleged failure to devise a credible plan to divest from fossil fuels. The 82 billion-pound ($103 billion) Universities Superannuation Scheme (USS) is facing legal action from two of its members over …
UK pension fund fights appeal in landmark fossil fuels lawsuit Read More »
By Amindeh Blaise Atabong YAOUNDE (Reuters) -Veteran Cameroonian opposition leader John Fru Ndi, who for decades fought to topple long-standing president Paul Biya at the ballot box, has died aged 81, his party said. Fru Ndi, who dominated the opposition in the Central African country for a generation and was arrested and kidnapped for his …
Titan of Cameroon’s opposition politics John Fru Ndi dies at 81 Read More »
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday that official data published earlier in the day showed the labour market was “very tight”, and added that inflation had been slower to fall than the central bank had hoped. Economists expect the BoE to raise its main interest rate to 4.75% from 4.5% …
BoE’s Bailey says data show labour market ‘very tight’ Read More »
By Phil Noble and Sachin Ravikumar NOTTINGHAM (Reuters) -British police said a man had been arrested on suspicion of murder after three people were found dead on the street in the central English city of Nottingham on Tuesday and three were injured after an attempt to run them over with a van. Detectives said they …
UK police arrest murder suspect after three bodies found on Nottingham streets Read More »
JOHANNESBURG (Reuters) – A group of U.S. lawmakers is calling for a U.S.-Africa trade summit planned for later this year to be moved from South Africa in response to what they said was the country’s “deepening military relationship” with Russia. In a letter to U.S. Secretary of State Antony Blinken and other senior officials, they …
US lawmakers call for S.Africa to lose summit over Russia ties Read More »
