(This March 6 story has been corrected to show the addition of only one unit of BGI Genomics to the list and three total units of BGI Group in paragraph 8) By David Shepardson WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo on Monday named senior White House official Chris Slevin as new chief of …
US Commerce chief names White House official as new chief of staff Read More »
By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) – Global equities rose on Thursday on news that a large group of banks were infusing cash into U.S. lender First Republic Bank and as a lifeline from the Swiss National Bank to Credit Suisse eased fears of a global banking crisis. European and U.S. bond …
Global shares gain as banking sector lifelines bolster confidence Read More »
By Muvija M and Kylie MacLellan LONDON (Reuters) – Britain said on Thursday it would ban TikTok on government phones with immediate effect, a move that follows other Western countries in barring the Chinese-owned video app over security concerns. TikTok has come under increasing scrutiny due to fears that user data from the app owned …
UK bans TikTok on government phones over security concerns Read More »
By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) -The dollar fell and the euro rose on Thursday after the European Central Bank raised interest rates as planned despite market chaos in recent days, in a sign the Federal Reserve also will likely raise rates next week as both stay on track to tame inflation. …
Dollar slips after ECB rate decision, Fed hike seen Read More »
By Ben Makori STOKE-ON-TRENT, England (Reuters) – British pottery makers are continuing a tradition going back centuries by producing tens of thousands of commemorative mugs, plates and teapots to mark the upcoming coronation of King Charles. Charles will be the first British monarch to be crowned for seven decades following the record-breaking reign of his …
Charles’ mugs and plates: Workers busy making pottery fit for a new king Read More »
By Shariq Khan BENGALURU (Reuters) -Oil prices settled 1% higher on Thursday, ending a three-session losing streak, after reports that Saudi Arabia and Russia met to discuss ways to enhance market stability. Brent crude futures rose $1.37, or 1%, to settle at $74.70 a barrel, while the West Texas Intermediate crude futures (WTI) gained 74 …
Oil snaps declining streak as Saudi, Russia meeting calms markets Read More »
By Muvija M and Sachin Ravikumar LONDON (Reuters) -The British government and healthcare unions on Thursday agreed on a pay proposal with a 5% wage increase in the coming year and urged workers to accept it, potentially ending strikes that have disrupted the National Health Service (NHS) for months. The new agreement would cover 1 …
Britain and healthcare unions agree on pay rise proposal after months of strikes Read More »
By Ashitha Shivaprasad (Reuters) – Gold prices edged higher on Thursday, bouncing towards last session’s 1-1/2 month peak as concerns about the banking crisis continue after the European Central Bank hiked interest rates despite the ongoing financial stability risks. Spot gold was up 0.1% at $1,919.31 per ounce by 01:53 p.m. EDT (1753 GMT), after …
Gold prices hold firm as banking worries persist Read More »
By Bate Felix and Ngouda Dione DAKAR (Reuters) -Police fired tear gas at stone-hurling protesters in Senegal’s capital on Thursday ahead of a court case involving a prominent opposition politician that has triggered anger among youth. Demonstrators in Dakar burned tyres and set fire to buses and a large supermarket, the latest outbreak of violence …
Senegal rocked by more unrest as police quell protests Read More »
By Nell Mackenzie and Pablo Mayo Cerqueiro LONDON (Reuters) -Investment managers Bridgewater Associates, Millennium Management and Marshall Wace added to short positions on European banking shares after the collapse of Silicon Valley Bank sparked contagion fears across global banks, according to data from Breakout Point. Hedge funds including Citadel, Wellington Management, Capital Fund Management and …
Bridgewater, Millennium, and Marshall Wace in bearish bet on Europeans banks Read More »
