By Seher Dareen (Reuters) – Gold prices held steady after touching an eight-month peak on Wednesday as investors positioned themselves ahead of U.S. inflation data that could influence the Federal Reserve’s policy path. Spot gold was steady at $1,877.51 per ounce by 1:40 p.m. ET (1840 GMT). U.S. gold futures settled up 0.1% at $1,878.9. …
Gold off 8-month highs as markets brace for U.S. inflation data Read More »
By Emma Farge BELLINZONA, Switzerland (Reuters) -A woman cried on Wednesday as she testified to a Swiss court that a former Liberian rebel commander had raped her repeatedly during the country’s civil war, on the first day of his appeal to overturn 22 convictions for war crimes. While Alieu Kosiah is appealing the 2021 ruling …
Rape victim testifies in Swiss court as Liberian war criminal appeals conviction Read More »
By Aditi Shah and Praveen Paramasivam GREATER NOIDA, India (Reuters) – Tata Motors plans to expand its electric car portfolio with new models and higher price points, its managing director said on Wednesday, as it looks to cement its lead as the top selling electric vehicle (EV) company in India. The carmaker will also offer …
Tata Motors looks to expand electric car portfolio, add pricier models Read More »
JOHANNESBURG (Reuters) -South African rand firmed on Wednesday, as the dollar weakened on global markets with investors awaiting U.S. consumer price data due tomorrow. At 1535 GMT, the risk-sensitive rand traded at 16.9800 against the dollar, 0.19% stronger than its previous close. The dollar index, which measures the greenback against six major rivals, was last …
S.African rand firms as dollar retreats ahead of U.S. inflation data Read More »
By Philip Pullella and Sonali Paul ROME (Reuters) -Australian Cardinal George Pell, a leading Roman Catholic conservative and former top Vatican official who was acquitted in 2020 of sexual abuse accusations, died on Tuesday at the age of 81, his private secretary said. Fr. Joseph Hamilton told Reuters Pell died in a Rome hospital on …
Australian Cardinal George Pell, acquitted of child sex abuse, dead at 81 Read More »
(This Jan. 10 story has been corrected to show the euro zone 2023 GDP forecast as flat, not 0.5% growth) By David Lawder WASHINGTON (Reuters) – The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate hikes …
World Bank warns global economy could tip into recession in 2023 Read More »
By Rocky Swift TOKYO (Reuters) – Uniqlo parent Fast Retailing Co Ltd on Wednesday said it would raise wages by as much as 40%, a clear sign that Japan’s rock-bottom salaries may be starting to budge after decades of deflation and cost-cutting. The move by the casual clothing giant is likely to heighten focus on …
Uniqlo owner gives Japan Inc a jolt with 40% wage hike Read More »
HONG KONG (Reuters) -Hong Kong and Chinese authorities expressed strong opposition on Wednesday to a meeting between the legal team of Jimmy Lai, the jailed pro-democracy Hong Kong tycoon, and a British minister. Prime Minister Rishi Sunak’s spokesperson told reporters on Tuesday Anne-Marie Trevelyan, a junior foreign office minister, had met his team and said …
Hong Kong authorities condemn UK minister meeting Jimmy Lai legal team Read More »
By Rama Venkat BENGALURU (Reuters) – Indian shares finished a choppy session lower on Wednesday, as traders awaited domestic and U.S. inflation data later this week for cues on central banks’ interest rate-hike plans. The Nifty 50 index was down 0.1% at 17,895.70 at close, while the S&P BSE Sensex declined 0.02% to 60,105.50. Both …
By Jarrett Renshaw MEXICO CITY (Reuters) -President Joe Biden said on Tuesday he was surprised to learn that classified documents were found in a think-tank office he once used and said he and his team are cooperating fully with a review into what happened. Biden told reporters at a joint news conference with the leaders …
Biden ‘surprised’ about finding of classified documents, vows cooperation Read More »
