By Bharath Rajeswaran BENGALURU (Reuters) -Indian shares snapped a nine-day winning streak after Infosys tumbled over 9% and sparked a selloff in IT stocks, following the country’s No. 2 IT services exporter’s weak quarterly results and forecast. The Nifty 50 closed 0.68% lower at 17,706.85. IST, while the S&P BSE Sensex lost 0.86% to 59,910.75. …
Indian shares snap 9-day winning streak as Infosys leads IT tumble Read More »
By Helen Coster WILMINGTON, Delaware (Reuters) -The start of Dominion Voting Systems’ $1.6 billion defamation trial against Fox has been pushed back by a day, the judge said on Sunday, with a source familiar with the matter saying the media giant was pursuing settlement talks. The source, who was not authorized to speak publicly, told …
Fox defamation trial delayed, network pursues settlement talks Read More »
By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) – Sudan’s army appeared to gain the upper hand on Sunday in a bloody power struggle with rival paramilitary forces, pounding their bases with air strikes, said witnesses. At least 97 civilians had been killed and 365 injured since the fighting in Sudan started, said one doctor’s …
Sudan’s army pounds paramilitary bases with air strikes in power struggle Read More »
By Cheney Orr and Julia Harte DADEVILLE, Alabama (Reuters) -At least four people were killed and 28 wounded in a shooting that erupted during a late-night “Sweet 16” birthday celebration at a dance studio in the small town of Dadeville, Alabama, state police and local news media said on Sunday. Some of the injured were …
Four dead in Alabama ‘Sweet 16’ birthday party shooting Read More »
By Michael Erman (Reuters) -Merck & Co said on Sunday it will buy Prometheus Biosciences Inc for about $10.8 billion, picking up a promising experimental treatment for ulcerative colitis and Crohn’s disease and building up its presence in immunology. Merck will pay $200 per share for the California-based biotechnology company that specializes in treatments for …
Merck to build out immunology presence with $11 billion Prometheus deal Read More »
By Katya Golubkova and Yuka Obayashi SAPPORO, Japan (Reuters) -The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development and move toward a quicker phase-out of fossil fuels. But they stopped short of endorsing a 2030 deadline for …
G7 ministers set big new targets for solar and wind capacity Read More »
BEIJING (Reuters) -China’s new home prices rose in March at the fastest pace in 21 months, official data showed on Saturday, suggesting the market is out of the doldrums amid a flurry of support policies, but there is uncertainty on the strength of the momentum. New home prices in March edged up 0.5% month-on-month after …
China March new home prices rise at fastest pace in 21 months Read More »
By Ellen Zhang and David Kirton GUANGZHOU (Reuters) -Chinese exporters exhibiting their products at the country’s largest trade fair said the weak global economy was hurting their businesses, with many freezing investments and some cutting labour costs in response. The subdued mood at the Canton Fair in the southern city of Guangzhou suggests China’s unexpected …
At China’s largest trade fair, exporters worry about world economy Read More »
By David Morgan WASHINGTON (Reuters) – U.S. House Republicans will try to agree on a plan to lift the federal $31.4 trillion debt ceiling and cut government spending when Congress returns this week, after being stymied for months by Democratic President Joe Biden’s demands they do so without conditions. House of Representatives Speaker Kevin McCarthy …
House Republicans chart new strategy to pressure Biden, Democrats Read More »
CAIRO (Reuters) – The United Nations’ World Food Programme (WFP) said on Sunday it had temporarily halted all operations in Sudan after three of its employees were killed in clashes between the Sudanese army and the paramilitary Rapid Support Forces (RSF) a day earlier. “While we review the evolving security situation, we are forced to …
World Food Programme halts operations in Sudan after 3 employees killed Read More »
