By Panarat Thepgumpanat BANGKOK (Reuters) – Thailand’s Move Forward party announced on Monday that it had sufficient votes to form a coalition government but a military-appointed Senate, the party’s position on a royal insult law and a complaint against its leader may stand in the way. Pita Limjareonrat, 42, led the Move Forward party to …
Thailand’s Senate could hold the key for hopeful election winner Read More »
By David Morgan, Jeff Mason and Andy Sullivan WASHINGTON (Reuters) -President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy on Monday prepared for critical debt-ceiling talks, with a little more than two weeks to go before the U.S. government could run short of money to pay its bills. Democratic and Republican staff were …
Biden, House Republicans prepare for critical US debt-ceiling talks Read More »
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Automaker Stellantis has stopped construction at a more-than C$5 billion ($3.7 billion) electric-vehicle battery plant in Canada amid talks with the federal government about its support for the factory. “Effective immediately, all construction related to the battery module production on the Windsor site has stopped,” a spokesperson said, …
Stellantis blocks battery plant construction as more support sought Read More »
By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 and the Dow ended with modest gains on Monday after manufacturing data raised concerns about a slowing U.S. economy that could help bring down inflation amid ongoing debt ceiling negotiations, while a rise in Meta shares helped lift the Nasdaq. The New York Federal Reserve’s …
Dow, S&P edge up as data, debt ceiling curb gains Read More »
(This May 14 story has been refiled to clarify comments were made at a press briefing, not in a statement, in paragraph 5) (Reuters) – South African Finance Minister Enoch Godongwana said his country had resolved a dispute with the U.S. over allegations that Pretoria supplied weapons to Russia, and South Africa is unlikely to …
US unlikely to sanction South Africa in Russia weapons dispute -Bloomberg News Read More »
By Shariq Khan BENGALURU (Reuters) -Oil prices rose a dollar a barrel on Monday after three straight sessions of declines, boosted by the prospect of tightening supplies in Canada and elsewhere, although recession fears kept pressuring the market. Brent crude futures rose $1.06, or 1.4% to settle at $75.23 a barrel. U.S. West Texas Intermediate …
Oil gains over 1%, ends losing streak on tightening supplies Read More »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from a five-week high on Monday, as investors consolidated gains made last week on the greenback and awaited news from Washington on how to address the debt ceiling issue, which could force the U.S. government to default on its debt if not resolved. In emerging …
US dollar retreats from five-week high as debt ceiling stalemate weighs Read More »
By Carien du Plessis and Bhargav Acharya JOHANNESBURG (Reuters) -South Africa’s climate policy body on Monday suggested the government could delay retiring its ageing coal-fired power plants to address electricity shortages and said a power crisis had put the country on track to meet its climate goals anyway. The ruling African National Congress has recommended …
South Africa can keep coal fired plants running longer, climate committee says Read More »
By Khalid Abdelaziz and Nafisa Eltahir DUBAI (Reuters) -The Sudanese army carried out air strikes in the north of the capital Khartoum on Monday, attacking its paramilitary rivals around a hospital that witnesses said was damaged in the bombardment. Intense battles in Khartoum and its sister cities of Bahri and Omdurman have raged despite Saudi …
Air strikes pound Sudan’s capital as conflict enters second month Read More »
JOHANNESBURG (Reuters) -The South African National Defence Force (SANDF) said on Monday that its army chief, Lawrence Mbatha, was in Moscow for a bilateral meeting, where he will visit Russian military academies and hold talks with officials. “It must be noted that South Africa has military-to-military bilateral relations with various countries in the continent and …
S.Africa’s army chief visits Moscow for bilateral talks Read More »
