By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose more than 1% on Thursday, supported by lower U.S. crude stockpiles and a halt to exports from Iraq’s Kurdistan region, which offset pressure from a smaller-than-expected cut to Russian supplies. Brent crude futures rose 99 cents, or 1.3%, to $79.27 a barrel. West Texas Intermediate crude …
Oil rises over 1% on Iraqi supply risks, U.S. crude draw Read More »
By Hussein Waaile, Michael Martina and Ben Blanchard NEW YORK/TAIPEI (Reuters) -The U.S. and Taiwan are closer than ever, Taiwan’s President Tsai Ing-wen told supporters during a stopover in New York that so far, according to Taipei and Washington, has not triggered unusual military actions by China. Tsai arrived in New York on Wednesday on …
US and Taiwan are ‘closer than ever,’ President Tsai says in New York Read More »
By Ayenat Mersie NAIROBI (Reuters) -Protesters threw stones at police in Kenya’s capital and attackers set fire to an office run by the president’s party in a western town on Thursday during a third wave of demonstrations organised by his opponents. Thousands joined marches called by opposition leader Raila Odinga against high living costs and …
Kenya police, crowds clash in third wave of price rise protests Read More »
JOHANNESBURG (Reuters) -South Africa’s rand firmed against the dollar on Thursday after the central bank raised its main interest rate by a higher than forecast 50 basis points to 7.75%. At 1521 GMT, the rand, which flirted with an almost 2 percentage point jump right after the surprise decision, was trading at 17.8600 against the …
South African rand firms after central bank rate surprise Read More »
By James Davey LONDON (Reuters) -British supermarket group Morrisons returned to underlying sales growth in its latest quarter, saying it was benefiting from a push to improve its price competitiveness. Morrisons, owned since 2021 by U.S. private equity firm Clayton, Dubilier & Rice, also said on Thursday it was targeting 700 million pounds ($867 million) …
UK supermarket Morrisons says sales momentum building Read More »
By Bhargav Acharya, Kopano Gumbi and Anait Miridzhanian PRETORIA(Reuters) -South Africa’s central bank surprised markets by raising its main lending rate by a higher than expected 50 basis points to 7.75% on Thursday in a bid to tame inflation. The rate increase was twice the 25 basis point increase expected by the majority of economists …
South Africa surprises with bigger rate hike than forecast Read More »
(This March 29 story has been corrected to say that Azerbaijan opened an embassy in Israel on Wednesday, not Israel in Azerbaijan, in paragraph 8) BAKU (Reuters) – Azerbaijan’s State Security Service said on Wednesday that it was investigating “a terror attack” after a lawmaker with strong anti-Iranian views was shot and wounded at his …
Azerbaijan investigates ‘terror attack’ after lawmaker is shot and wounded Read More »
By Neil Jerome Morales MANILA (Reuters) – Philippine rescuers searched the smouldering ruins of a burnt-out ferry on Thursday for any survivors or more victims of a fire that swept through the inter-island vessel killing 29 people, including a 6-month old baby, authorities said. Investigators have yet to identify the cause of the fire that …
Fire on Philippine ferry kills 29, including children; 225 rescued Read More »
By Michael Martina and Douglas Higginbotham NEW YORK (Reuters) -Taiwan’s President Tsai Ing-wen arrived in New York on a sensitive U.S. stopover on Wednesday, vowing en route not to let external pressure prevent the island from engaging with the world after China threatened retaliation if she met U.S. House Speaker Kevin McCarthy. China, which claims …
Taiwan president starts sensitive U.S. stopover; China warns against meetings Read More »
By David Shepardson WASHINGTON (Reuters) -Senate Energy Committee Chair Joe Manchin said on Wednesday he may go to court after the U.S. Treasury releases guidance later this week on battery sourcing guidance for electric vehicle tax credits. “If it goes off the rails” and violates the intent of the climate legislation approved in August, “I …
Manchin threatens to sue US Treasury over EV tax credit rules Read More »
