By Jonathan Stempel NEW YORK (Reuters) -A Washington, D.C., appeals court on Thursday declined to shield Donald Trump from the first of two civil defamation lawsuits by E. Jean Carroll, a writer who said the former U.S. president raped her nearly three decades ago. The district’s highest local court, the Court of Appeals, said it …
No shield for Trump in rape accuser’s case as court declines to rule Read More »
By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said he expects the global economy to rebound after a period of slowdown which will help keep domestic wages rising, maintaining the bank’s upbeat economic outlook. But Ueda said he told his G20 counterparts the central bank intends to keep monetary policy ultra-loose since …
New BOJ chief Ueda sticks to upbeat view on wages, global economy Read More »
CAIRO (Reuters) -Egypt and the International Monetary Fund have yet to agree on a date for the initial review under a $3 billion financial package signed in December, an IMF official said on Thursday, a sign the lender may be growing frustrated by Cairo’s lack of reforms. The IMF in December approved a $3 billion …
IMF says yet to agree date with Egypt for programme review Read More »
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher on Thursday as economic data showed cooling inflation and a loosening labor market, fueling optimism that the Federal Reserve could be nearing the end of its aggressive interest rate hike cycle. All three major U.S. stock indexes surged more than 1%, with interest …
Wall St rallies to higher close as inflation data feeds Fed pause hopes Read More »
By Karen Freifeld NEW YORK (Reuters) – Former U.S. President Donald Trump returned to New York to answer questions under oath on Thursday in a $250 million business fraud lawsuit brought against him by the state attorney general. Â Â But the questioning took place behind closed doors, and Trump’s appearance for the civil case did …
Trump spends day in New York under questioning in state civil fraud case Read More »
By Helen Coster (Reuters) -Opening statements are due on Monday in Dominion Voting Systems’ $1.6 billion defamation lawsuit against Fox News over the network’s airing of false claims that the company’s machines were used to rig the 2020 U.S. presidential election. Delaware Superior Court Judge Eric Davis, presiding over the case in Wilmington, conducted jury …
Dominion’s $1.6 billion suit against Fox set to start Monday Read More »
DUBLIN (Reuters) – Ireland’s data regulator has one month to make an order on blocking Facebook’s transatlantic data flows, European Union regulators said on Thursday. EU regulators led by Ireland’s Data Protection Commissioner (DPC) Helen Dixon have been finalising a ban on the legal tool used by Facebook to transfer European user data because of …
Irish regulator has month to make order on EU-US Facebook data transfers Read More »
By Huw Jones LONDON (Reuters) -London Stock Exchange Group has teamed up with Global Futures and Options (GFO-X) to offer Britain’s first regulated trading and clearing in bitcoin index futures and options derivatives, the companies said on Thursday. Britain, which aims to become a global hub for crypto technology, launched a public consultation earlier this …
LSEG teams with digital trading platform to offer bitcoin futures and options Read More »
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) – A gauge of global stocks rallied and bond yields were steady on Thursday after moderating U.S. producer prices and a jump in weekly jobless claims bolstered bets that the Federal Reserve may soon pause its hiking of interest rates to tame high inflation. Gold hit …
Stocks gain, gold jumps as Fed rate hike pause seen Read More »
By Shariq Khan BENGALURU (Reuters) -Oil prices fell a dollar a barrel on Thursday, as an OPEC report stoked summer demand worries and traders took profits after benchmarks scaled multi-month highs in the previous session. Brent crude fell $1.24, or 1.4%, to settle at $86.09 a barrel, only the second time this month that the …
Oil drops 1% after scaling multi-month highs on OPEC’s demand warning Read More »
