By Philip Pullella, Crispian Balmer and Alvise Armellini ROME (Reuters) -Pope Francis underwent a three-hour operation in a Rome hospital on Wednesday to repair a hernia, which doctors said was successful enough that he should have no limitations on his travels and other activities after he recovers. “He even joked with me about when we …
Surgery on pope was successful, doctors say he can travel Read More »
By David Morgan and Gram Slattery WASHINGTON (Reuters) -The U.S. House of Representatives will postpone all votes until next week, Speaker Kevin McCarthy said on Wednesday, as a conservative revolt paralyzed the Republican Party’s efforts to advance its agenda in Washington. The standoff between U.S. House Speaker Kevin McCarthy and a hardline faction of his …
Conservative revolt puts US House on pause until next week Read More »
By Samuel Indyk and Koh Gui Qing LONDON (Reuters) -Global stocks retreated from a 13-month high on Wednesday and the U.S. dollar drifted lower as attention turned towards next week’s pivotal inflation data and Federal Reserve meeting, where chances of a rate hike continued to ebb. On Wall Street, stocks ceded earlier gains, with the …
Shares recoil from 13-mth high, Turkey’s lira hits record low Read More »
By M. Sriram MUMBAI (Reuters) – A new Indian venture capital firm Peak XV, created after Sequoia Capital retreated from the market, does not expect its existing investors to back out, and will assure startup founders structural changes won’t affect them, its top executive said. Sequoia Capital on Wednesday said it is splitting its businesses …
After Sequoia split, India’s Peak XV says confident of investor backing Read More »
WASHINGTON (Reuters) -Britain wants to put its economic ties with the United States on the same footing as the two countries’ defence and security cooperation to help both counter global threats, Prime Minister Rishi Sunak will tell President Joe Biden this week. Having left the European Union, Britain is seeking to further align itself with …
UK’s Sunak seeks stronger economic ties with U.S. on Washington trip Read More »
By Karen Brettell NEW YORK (Reuters) – The dollar edged higher against the yen on Wednesday as investors awaited U.S. inflation data for May and the Fed’s interest rate decision next week, while the Canadian dollar jumped after the Bank of Canada hiked rates. The U.S. central bank is expected to hold rates steady next …
Dollar edges up against yen as investors wait on inflation data, Fed Read More »
By Brijesh Patel (Reuters) – Gold prices fell 1% on Wednesday, weighed by an uptick in U.S. bond yields, while investors looked forward to inflation data and the Federal Reserve policy meeting next week for more clarity on the U.S. interest rate path. Spot gold was down 1.1% at $1,942.32 per ounce by 2:42 p.m. …
Gold slips 1% as US yields tick higher, focus still on Fed Read More »
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices climbed about 1% on Wednesday as Saudi Arabia’s plans for deep output cuts more than offset demand woes stemming from rising U.S. fuel stocks and weak Chinese export data. Brent crude futures settled 66 cents, or 0.9%, higher at $76.95 a barrel, while U.S. West Texas Intermediate crude …
Oil prices rise as Saudi output cuts outweigh weak demand signals Read More »
By Joseph Ax (Reuters) -North Dakota Governor Doug Burgum entered the 2024 Republican presidential race on Wednesday touting the small town values he would bring to Washington and expanding a crowded field of candidates led by a big city mogul, Donald Trump. Burgum, 66, a former software company executive, is largely unknown beyond his state, …
North Dakota Governor Doug Burgum joins 2024 Republican primary race Read More »
JOHANNESBURG (Reuters) -The South African rand strengthened below 19 to the U.S. dollar for the first time in three weeks on Wednesday, as a weakening greenback and an easing of rolling power cuts boosted the currency. The rand firmed more than 1% at 18.975 to $1, its strongest level since May 16, before retreating to …
South African rand firms below 19 to US dollar as power cuts ease Read More »
