By Richard Cowan and Moira Warburton WASHINGTON (Reuters) – U.S. Representative George Santos said on Thursday he would vacate his seat only if he loses the next election, clarifying an earlier statement that he would resign if “142 people” asked him to because of a string of false claims he made about his work and …
U.S. Rep. Santos says he won’t resign, only leave if voted out in next election Read More »
By Maki Shiraki, Gilles Guillaume and David Dolan TOKYO/PARIS (Reuters) – A committee of Nissan’s board is set to meet next week to consider proposals from Renault to address a sticking point in talks to restructure the alliance between the two automakers, two people with knowledge of the matter said. Specifically, Nissan directors will consider …
Exclusive-Nissan to consider Renault proposal on IP safeguards-sources Read More »
By Tim Kelly TOKYO (Reuters) – Before meeting President Joe Biden in Washington D.C., Japanese Prime Minister Fumio Kishida visited Italy, France, Britain and Canada, in part to forge security ties that could help it fend off China, North Korea and Russia. ROUGH NEIGHBOURHOOD In June, Japan’s defence minister at the time, Nobuo Kishi, said …
Explainer-Why Japan is seeking military ties beyond its U.S. ally Read More »
By Mehnaz Yasmin and Carolina Mandl (Reuters) – Citigroup Inc reported a 21% fall in quarterly profit on Friday, missing forecasts, as the bank increased provisions to prepare for a worsening economy and investment banking revenue declined due to a sharp drop in dealmaking activity. Fears of a potential recession prompted Citi to add $640 …
Citigroup misses profit estimates on provision hike, dealmaking slowdown Read More »
By Kanishka Singh WASHINGTON (Reuters) – Robert Hur, who was named special counsel to investigate whether President Joe Biden had improperly handled sensitive government documents, is a former high-ranking Justice Department official with experience in sensitive leak investigations. Tapped for the role by U.S. Attorney General Merrick Garland on Thursday, Hur was the U.S. attorney …
Who is Robert Hur, special counsel on Biden classified document probe? Read More »
By Manya Saini and Lananh Nguyen (Reuters) -Bank of America Corp reported a bigger-than-expected fourth-quarter profit on Friday, helped by a surge in net interest income as the U.S. Federal Reserve raised rates through most of last year. The ‘higher-for-longer’ rate environment to battle decades-high inflation has underpinned profits at consumer banks, with analysts expecting …
Bank of America profit tops estimates as higher rates boost income Read More »
CHIBA, Japan (Reuters) – In an eye-catching bid to show that cars can be clean while appealing to old-school petrolheads, Toyota Motor on Friday showcased zero-emission versions of its 1980s sports range, which still boasts a strong global fan base. At an industry event for customised cars in Chiba, east of Tokyo, the Japanese automaker …
Back to the future: Toyota sets sights on old-car upgrades in zero-emissions drive Read More »
JOHANNESBURG (Reuters) -South Africa’s rand retreated on Friday, losing gains made after U.S. data offered hope inflation was now on a sustained downward trend, potentially allowing the Federal Reserve to slow its policy tightening pace. At 1525 GMT, the rand traded at 16.8300 against the dollar, 0.6% weaker than its previous close. The dollar index, …
South African rand retreats as dollar edges higher Read More »
By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -The Japanese government’s top economic policy panel will invite eight economists, including an expert on the country’s inflation trends, to upcoming special sessions to discuss the monetary-fiscal policy mix, Economy Minister Shigeyuki Goto said on Friday. But the sessions will not draft new policy objectives to replace …
Japan’s economic policy panel won’t craft new accord with BOJ, minister says Read More »
By Rama Venkat and Bharath Rajeswaran BENGALURU (Reuters) – Indian shares closed higher on Friday, logging a weekly gain, boosted by a rise in heavyweight financial and IT stocks, and as easing inflation data raised hopes of a slowdown in rate hikes. The Nifty 50 closed 0.55% higher at 17,956.60 and Sensex rose 0.51% to …
Indian shares log weekly gains as rate worries ease Read More »
