By Lawrence Delevingne (Reuters) – As First Republic Bank’s share price fell by double-digits in the aftermath of the collapse of Silicon Valley Bank last month, some people close to the San Francisco-based lender were worried short sellers were exacerbating its travails, according to a source familiar with the situation. Investors who wager shares in …
Heroes or villains: Short sellers’ role in the U.S. bank crisis Read More »
LONDONDERRY, Northern Ireland (Reuters) -A number of masked people attacked a police vehicle with petrol bombs and other objects at a parade opposing the Good Friday peace accord in Londonderry, police said on Monday, a day before U.S. President Joe Biden visits Belfast. A Reuters photograph showed four young people in the mainly Irish nationalist …
Petrol bombs thrown at Northern Irish police on eve of Biden visit Read More »
By Deep Kaushik Vakil (Reuters) – Gold retreated below the key $2,000 level on Monday as the dollar advanced on Friday’s strong U.S. jobs numbers, while traders also positioned for inflation readings this week that could influence interest rate hikes. Spot gold fell nearly 1% to $1,988.88 per ounce by 1:57 p.m. EDT (17:57 GMT), …
Gold falls below $2,000 as US jobs growth lifts dollar Read More »
WASHINGTON (Reuters) – U.S. President Joe Biden said on Monday he plans to run for reelection in 2024 but was not prepared to announce it yet. “I plan on running … but we’re not prepared to announce it yet,” Biden said in an interview with NBC’s “Today” show before the White House Easter Egg Roll. …
President Biden says he will run again in 2024 -NBC Read More »
NEW DELHI (Reuters) – Trade talks between India and Britain have not been suspended and will continue this year, three officials said on Monday, responding to a British newspaper report that said India had “disengaged” from the talks after London failed to condemn Sikh separatists. An official in India’s foreign ministry said progress in the …
India has not suspended trade talks with UK, officials say Read More »
NEW DELHI (Reuters) – The Dalai Lama, the Tibetans’ 87-year-old spiritual leader, apologised on Monday after footage showed him asking a young boy to “suck my tongue” at a public event. “A video clip has been circulating that shows a recent meeting when a young boy asked his Holiness the Dalai Lama if he could …
Dalai Lama apologises after video asking boy to ‘suck my tongue’ Read More »
By Gabriella Borter and Njuwa Maina (Reuters) – Two Tennessee Democrats who were expelled from the Republican-dominated state House of Representatives last week over their participation in a gun control protest said on Sunday that they hoped to soon reclaim their seats. Representatives Justin Jones and Justin Pearson, who joined hundreds of protesters at the …
Tennessee Democratic lawmakers expelled over gun control protest hope to reclaim seats Read More »
TAIPEI (Reuters) -Taiwanese chipmaker TSMC said on Monday it is communicating with Washington about its “guidance” for a law designed to boost U.S. semiconductor manufacturing that has sparked concerns about subsidy criteria. Conditions for subsidies include sharing excess profit with the U.S. government, and industry sources have said the application process itself could expose confidential …
TSMC talking to US about CHIPS Act ‘guidance’ amid subsidy concerns Read More »
(Reuters) – The balancing act between slowing growth and sticky price pressures is top of the agenda ahead of U.S. inflation data and the World Bank and IMF Spring Meetings in Washington. Kazuo Ueda takes over the helm at the Bank of Japan while U.S. bank earnings kick off and Switzerland’s parliament debates the UBS-Credit …
(This April 6 story has been corrected to reflect an IRS clarification that full-time-equivalent hiring figures for FY 2024 are cumulative with FY 2023 figures, not in addition to FY 2023 figures) By David Lawder WASHINGTON (Reuters) – The U.S. Internal Revenue Service plans to hire nearly 20,000 new employees and deploy new technology over …
U.S. IRS to hire nearly 20,000 staff over two years with $80 billion in new funds Read More »
