By Clara Denina and Muhammed Husain LONDON (Reuters) – Glencore Plc on Tuesday modified its $22.5 billion all-share takeover bid for Teck Resources Ltd’s to include up to $8.2 billion in cash, but Teck’s board called it “largely unchanged” and analysts said it will need to rise further still. Glencore’s play for Vancouver-based Teck comes …
Glencore offers cash to Teck shareholders in play for deal support Read More »
By Steve Holland and Conor Humphries BELFAST (Reuters) -U.S. President Joe Biden was welcomed to Northern Ireland by British Prime Minister Rishi Sunak on Tuesday as he flew in for a brief visit to mark the 25th anniversary of a peace deal that largely ended 30 years of bloodshed. Biden, who is fiercely proud of …
Biden arrives in Northern Ireland to mark peace deal anniversary Read More »
By Herbert Lash NEW YORK (Reuters) – A gauge of global stocks rose and bond yields edged higher on Tuesday as traders anticipate interest rates will soon peak even as the market bets that the U.S. Federal Reserve will tighten monetary policy further in May to tame inflation. Gold climbed back up above the key …
NAIROBI (Reuters) -Several people in Ethiopia’s Amhara region were shot on Tuesday during a sixth day of demonstrations against federal government plans to integrate local defence forces into the police and national army, a local official and a hospital worker said. Amhara, the second biggest of Ethiopia’s 11 regions, has been convulsed by days of …
Violent clashes in Ethiopia’s Amhara as unrest deepens Read More »
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose about 2% on Tuesday on hopes that the Federal Reserve might ease up on its policy tightening after a key U.S. inflation report this week, though concerns remain over Chinese demand. Brent crude futures settled up $1.43, or 1.7%, to $85.61 a barrel. U.S. West …
Oil rises about 2% with U.S. and China inflation in focus Read More »
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday as investors waited on inflation data for further signs of whether price pressures are ebbing and what it means for further Federal Reserve interest rate hikes. Consumer price data on Wednesday is expected to show headline inflation rose by 0.2% in March, while …
Dollar dips ahead of inflation data due Wednesday Read More »
By Deep Kaushik Vakil (Reuters) – Gold climbed back up above the key $2,000 level on Tuesday as the dollar came off last session’s peak, while traders hunkered down for Wednesday’s U.S. inflation data for cues on future interest rate hikes. Spot gold rose 0.8% to $2,005.79 per ounce by 2:00 p.m. EDT (1800 GMT) …
Gold climbs as dollar pauses ahead of US inflation data Read More »
By Sachin Ravikumar LONDON (Reuters) -Junior doctors in Britain began a four-day strike over pay on Tuesday that is likely to cause unprecedented disruption to the state-funded National Health Service (NHS), prompting the government to warn of a risk to patient safety. Tens of thousands of junior doctors — qualified physicians who make up nearly …
Britain braces for ‘unparalleled’ disruption from doctors’ strike Read More »
By Aditya Kalra NEW DELHI (Reuters) – A group of Indian startups has asked a court to suspend Alphabet Inc Google’s new in-app billing fee system until the country’s antitrust body investigates the U.S. firm for alleged non-compliance with its directives, a legal filing showed. The Alliance of Digital India Foundation (ADIF) last month asked …
Indian startups go to court to stop Google’s new in-app billing system Read More »
JOHANNESBURG (Reuters) -The South African rand gained against the dollar on Tuesday as the U.S. currency fell ahead of inflation data, which could provide some clues on the monetary policy trajectory of the Federal Reserve. At 1556 GMT, the rand traded at 18.3825 against the dollar, 0.58% stronger than its previous close. The dollar index, …
South African rand gains as dollar slips ahead of U.S. inflation data Read More »
