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Our future depends on us being able to have hard conversations about energy policy. But what Labor has shown so far in government is a refusal to make difficult decisions and a holier-than-thou approach to nuclear power.The cost-of-living issues talked about at length before the election have shirtfronted us in the aft...
Energy & Natural Resources
The following is a transcript of an interview with House Intelligence Committee chair Rep, Mike Turner, Republican of Ohio, that aired on Dec. 3, 2023. MARGARET BRENNAN: Chair of the House Intelligence Committee, Congressman Mike Turner. REP. MIKE TURNER: Good morning, Margaret. MARGARET BRENNAN: Good to have you here....
Middle East Business & Economics
SCOTTISH Liberal Democrats will focus on Scotland's ferry problems as they campaign in the Highlands this weekend in a bid to win back the Westminster seat currently held by Ian Blackford. The party is seeking at the next general election, expected in 2024, to retake Ross, Skye and Lochaber which was held by former par...
United Kingdom Business & Economics
U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comSINGAPORE, Aug 18 (Reuters) - The dollar was on the front foot on Thursday after minutes from the Federal Reserve's July meeting pointed to U.S. interest rates stayi...
Interest Rates
The United States aims to boost cooperation with African nations as President Joe Biden hosts dozens of regional leaders at the second US-Africa Leaders Summit this week in Washington, DC. Beginning on Tuesday, the three-day summit will focus on key challenges, including the climate crisis, good governance, food securi...
Africa Business & Economics
SINGAPORE, Sept 21 (Reuters) - A quadrillion yen is lying idle with Japanese households, ready to be shipped overseas when yields abroad turn more attractive, and that moment could arrive as soon as this week.Later on Wednesday, the Federal Reserve will be raising rates again and by as much as a full percentage point. ...
Forex Trading & Speculation
NEW YORK, Nov 4 (Reuters) - Turkey should tighten monetary policy and give its central bank more independence, a mission from the International Monetary Fund (IMF) said on Friday."To address (Turkey's) challenges, the mission recommended early policy rate hikes accompanied by moves to strengthen the central bank's inde...
Inflation
Australia's largest ports operator is set to keep its sites closed for days as it recovers from a cyber-attack, according to government officials. Operations at its container terminals in Melbourne, Sydney, Brisbane and Perth have been suspended since Friday. DP World Australia manages around 40% of goods entering and ...
Australia Business & Economics
WASHINGTON — The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three decades — and signaling more large rate increases to come that would raise the risk of another recession.The move the Fed announced ...
Interest Rates
The contract for Clyde and Hebrides ferry services could be awarded to current operators CalMac without a competitive tendering process. The Scottish government is to explore exempting the services from tender, saying CalMac would need to ensure improvements across the network. A due diligence process has been launched...
United Kingdom Business & Economics
People wait in a queue after receiving tokens to buy petrol due to fuel shortage, amid the country's economic crisis, in Colombo, Sri Lanka, June 27, 2022. REUTERS/Dinuka LiyanawatteRegister now for FREE unlimited access to Reuters.comCOLOMBO, June 28 (Reuters) - Sri Lanka will allow companies from oil-producing countr...
Asia Business & Economics
Subscribe to Here’s the Deal, our politics newsletter for analysis you won’t find anywhere else. Thank you. Please check your inbox to confirm. Malak Harb, Associated Press Malak Harb, Associated Press Leave your feedback DUBAI, United Arab Emirates (AP) — As leaders, officials and activists descend on Dubai for United...
Middle East Business & Economics
ISTANBUL, Oct 18 (Reuters) - The Turkish Central Bank said on Tuesday it raised the securities maintenance ratio required for foreign exchange deposits to 5% from 3% and that further steps as part of its "liraization strategy" will be taken this year and in 2023.The central bank started to promote the conversion from f...
Forex Trading & Speculation
In two weeks, more than 40 African heads of state, U.S. and African business leaders, civil society leaders, media, and members of the African Diaspora will converge on Washington, D.C., for the U.S. Africa Leaders Summit (ALS). This is only the second time that an American president has invested the political capital ...
Africa Business & Economics
Jesse Watters: The problem with reparations Jesse Watters discusses President Biden’s $55 billion dollar plan that will provide Africa with solar panels and the problems with a potential reparations plan in the U.S. on ‘Jesse Watters Primetime.’Fox News host Jesse Watters points out that President Biden's plan to send ...
Africa Business & Economics
Murrawah Johnson was on the phone with a solicitor, preparing for a historic court case, when she suddenly went into labour. The 28-year-old Wirdi woman had been fighting a David-and-Goliath-type battle against a Clive Palmer-owned project for Australia’s largest thermal coal mine in the Galilee basin. Johnson was not ...
Australia Business & Economics
Prime Minister Anthony Albanese has said he would support a public holiday if the Australian women’s soccer team, the Matildas, win the FIFA Women’s World Cup. The New South Wales Premier, Chris Minns, has said he would support the idea, telling 2GB that a Women’s World Cup win would be life-changing for the state’s hi...
Australia Business & Economics
Double your support for intelligent, in-depth, trustworthy journalism. Tia Goldenberg, Associated Press Tia Goldenberg, Associated Press Leave your feedback TEL AVIV, Israel (AP) — Seconds after Palestinian gunmen began shooting up a busy Jerusalem bus stop last week, Yuval Castleman raced toward the scene and opened f...
Middle East Business & Economics
MoneyWatch June 15, 2022 / 2:02 PM / MoneyWatch Biden administration takes on rising inflation Biden administration's economic team works to curb rising inflation 06:33 The Federal Reserve said on Wednesday that it is raising its benchmark interest rate by three-quarters of a percentage point, the sharpest hike since 1...
Inflation
FILE PHOTO - Vehicles drive in front of the MetLife Inc. building in Manhattan, New York, U.S., December 7, 2021. REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.comAug 3 (Reuters) - U.S. insurer MetLife Inc (MET.N) reported a 22% fall in quarterly profit on Wednesday as weaker investment returns ...
Banking & Finance
Millions more Brits can now live and work in Australia after the age limit for working holiday visas went up to 35. The age limit has been extended from 30 for all British citizens meaning 16 million adults are now eligible. Popular with backpacker tourists, the changes are a key part of the free trade agreement struck...
Australia Business & Economics
Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/IllustrationRegister now for FREE unlimited access to Reuters.comHONG KONG, Sept 22 (Reuters Breakingviews) - The Japanese government has grudgingly responded to the ...
Forex Trading & Speculation
The headquarters of the African Development Bank (AfDB) are pictured in Abidjan, Ivory Coast, September 16, 2016. Picture taken September 16, 2016. REUTERS/Luc GnagoRegister now for FREE unlimited access to Reuters.comMARRAKECH, Morocco, July 19 (Reuters) - African countries need to leverage more private funds to meet ...
Africa Business & Economics
Today, Canada’s Immigration Minister Sean Fraser announced additional measures aimed at attracting more global tech talent to Canada. These measures comprise the launch of what Fraser and Immigration, Refugees and Citizenship Canada (IRCC) are referring to as Canada’s first-ever Tech Talent Strategy. IRCC will improve ...
Workforce / Labor
CoinCorner, a global leader in Bitcoin and Lightning Network services, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to facilitate Bitcoin transactions in The United Arab Emirates (UAE).“Apart from individuals, a large number of companies are ready to embrace Bitco...
Middle East Business & Economics
| June 13, 2022 09:39 AM  | Updated Jun 13, 2022, 04:14 PM Stocks plunged into bear market territory on Monday as investors increasingly worry that a recession or stagflation is on the horizon. The S&P 500 fell nearly 3.9% at close to enter a bear market. A bear market is when an index drops to below 20% from a recent ...
Stocks Trading & Speculation
- Former Egyptian Foreign Affairs Minister Nabil Fahmy told CNBC that the U.S. is "losing a tremendous amount of credibility in the Arab world." - Hundreds of Palestinians anxiously hope to make the journey to Egypt via the Rafah crossing, the only exit point out of the Gaza Strip. The current conflict in Gaza should p...
Middle East Business & Economics
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, United States. REUTERS/Yuri GripasJOHANNESBURG, Oct 21 (Reuters) - The International Monetary Fund said on Friday that it had reached a staff-level agreement with Malawi for up to $88.3 million in emergency financing, as...
Africa Business & Economics
A person walks past a grocery store in Manhattan, New York City, U.S., March 28, 2022. REUTERS/Andrew Kelly/File PhotoRegister now for FREE unlimited access to Reuters.comWASHINGTON, June 14 (Reuters) - U.S. small-business confidence edged down in May as worries about high inflation persisted, according to a survey on ...
Inflation
With the planet warming at an unsustainable rate, two large Bay Area oil refineries are switching to liquid biofuels production — a seemingly cleaner alternative than fossil fuels. But those plans instead have run afoul of environmental groups that have filed lawsuits to bring the transition to a halt. If successful, t...
Renewable Energy
Immigration Minister Sean Fraser on Tuesday said Canada is going after so-called “digital nomads” in STEM fields amid a “global race” for high-skilled workers — and at the same time, rolling out plans to help temporary foreign workers develop more skills while they work in Canada. Speaking at the Collision Conference i...
Workforce / Labor
Some Australian rural communities suffer worse internet access than some “poor villages” in Africa, which is impeding decarbonisation and efficient production in regional Australia, the economist Ross Garnaut has said. “Connectivity in the modern world is very important to efficient decarbonisation, but also to efficie...
Australia Business & Economics
Labor will seek to avert a damaging internal split over the Israel-Palestine conflict by hardening its language on the Palestinian territories, with the federal government to officially refer to Israel’s settlements in the West Bank as “illegal” and the territories as “occupied”. Foreign Minister Penny Wong announced t...
Australia Business & Economics
Oct 11 (Reuters) - The dollar loomed large over fragile financial markets on Tuesday, with worries about rising interest rates, global growth and geopolitical tensions unsettling investors, while the yen was testing levels that have prompted official intervention.The yen hit 145.80 per dollar overnight, just 10 pips sh...
Forex Trading & Speculation
Greens leader Adam Bandt has refused to stand in front of the Australian flag during a press conference, arguing it is “hurtful” to Indigenous people and that the country has "work to do" combatting racism.Adam Bandt has refused to stand in front of the Australian flag, saying the country has “work to do” on racism.ABC...
Australia Business & Economics
Trader on the floor of the NYSE, June 7, 2022.Source: NYSEStocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve's signal that its battle with inflation could result in much higher interest rates and a recession.The sell-off Friday was global, in a week where th...
Interest Rates
Australian Prime Minister Anthony Albanese travels Monday to the United States for a four-day visit, hoping to make progress on the AUKUS nuclear submarine deal. Australia’s formal security ties with the United States date to the early 1950s. Prime Minister Anthony Albanese told reporters in Canberra Monday that “the a...
Australia Business & Economics
The latest employment figures show inflation taking a record bite out of regular pay and an unexpected jump in the jobless rate at a time when people are seeking to better shield themselves from the cost of living crisis.The Office for National Statistics (ONS) reported that real wages - a measure of regular wage growt...
Inflation
CIE Automotive India Q2 Review - Miss On Revenue, But Strong Europe Margin Dilutes The Pain: Motilal Oswal Turns net cash in Q2, margin target at 18-19% for the India business. BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset...
India Business & Economics
WASHINGTON/LONDON/BEIRUT, Dec 5 (Reuters) - Facing a soaring death toll from Israel's renewed offensive in southern Gaza, the Biden administration is trying to pressure its ally to minimize civilian deaths while stopping well short of the kind of measures that might force it to listen, such as threatening to restrict m...
Middle East Business & Economics
Oct 19 (Reuters) - IBM Corp (IBM.N) beat quarterly earnings estimates on Wednesday and said it expects to exceed full-year revenue growth targets as robust demand for the company's digital services helps cushion the blow from a strong dollar.The IT software and services provider has been focusing on the so-called "hybr...
Forex Trading & Speculation
Before Australians last voted in a referendum on First Nations people in 1967, Uncle Bob Anderson set up a table and chair at a tram stop in central Brisbane. From his rail-side office, he’d tell anyone who would stop and listen that Australia counted its horses, cows, sheep and goats, but not its Indigenous people. “M...
Australia Business & Economics
SYDNEY, Sept 25 (Reuters) - Support for a referendum to constitutionally recognise Australia's Indigenous people slipped further, with the landmark proposal set to fail in a national vote roughly three weeks away, two opinion polls showed on Monday. Support for a "Voice to Parliament", an Indigenous committee to advise...
Australia Business & Economics
SYDNEY, Oct 6 (Reuters) - The dollar fought for a footing in choppy trade on Thursday, with support from upbeat U.S. data and hawkish policymaker comments, while the prospect of higher energy prices helped exporters' currencies and weighed on those of importers.The dollar rose 1% on the euro and 1.3% on sterling overni...
Forex Trading & Speculation
NEWYou can now listen to Fox News articles! PAWLEYS ISLAND, S.C. – Republican Rep. Tom Rice says his vote to impeach then-President Donald Trump "was the conservative vote.""I told you I was going to protect the Constitution. I meant what I said, and I upheld my oath, even when it’s hard," the five-term representative ...
Unemployment
The huge blue and red hull of the SCF Primorye came into port at Vadinar, western Gujarat, India, earlier this month. The 84,000-tonne oil tanker, built in 2009 and sailing under the Liberian flag, had arrived from the port at Ust-Luga, a settlement in Russia near the border with Estonia.Until 2017, the Vadinar oil ref...
Asia Business & Economics
President Biden said the U.S. was in relatively good standing to overcome inflation President Biden appeared to get defensive when asked during a Thursday interview if his energy policies were to blame for inflation.  In his first interview with The Associated Press, the president – running contrary to what many econom...
Inflation
U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/Register now for FREE unlimited access to Reuters.comSINGAPORE, Aug 10 (Reuters) - Major currencies held steady on Wednesday with traders reluctant to place large bets ahead...
Forex Trading & Speculation
JERUSALEM, Dec 4 (Reuters) - Israeli authorities are investigating claims by U.S. researchers that some investors may have known in advance of a Hamas plan to attack Israel on Oct. 7 and used that information to profit from Israeli securities. Research by law professors Robert Jackson Jr from New York University and Jo...
Stocks Trading & Speculation
Optus chief executive officer Kelly Bayer Rosmarin has resigned in the wake of November 8's nationwide outage. Key points: - Kelly Bayer Rosmarin says she has resigned after "some personal reflection" - She leaves the Optus CEO role after a major cyber attack in 2022 and November 8's nationwide outage - Optus's parent ...
Australia Business & Economics
BEIJING, Sept 30 (Reuters) - China's foreign exchange regulator named and shamed 10 banks that had assisted illegal capital outflows, vowing to crack down on fake forex transactions in authorities' latest effort to stabilise the sliding yuan.The State Administration of Foreign Exchange (SAFE) listed 10 "typical" cases ...
Forex Trading & Speculation
Media caption, Komla Dumor's former colleagues reflect on the late broadcaster's talentThe BBC is seeking a rising star of African journalism for the BBC News Komla Dumor Award, now in its eighth year. Journalists from across Africa are invited to apply for the award, which aims to uncover and promote fresh talent from...
Africa Business & Economics
Oct 11 (Reuters) - The dollar hit multi-year highs on Tuesday against the risk-sensitive Aussie and Kiwi dollars and the yen hovered near the level that prompted intervention as worries about rising interest rates and geopolitical tensions unsettled investors.Strong U.S. labour data and an expectation of inflation figu...
Forex Trading & Speculation
SummaryTruss had defended policy, markets worried about costFinance minister Kwarteng now says it was distractionKwarteng to bring forward debt-cutting planCut in highest tax rate was small part of overall planLawmakers express alarm over government judgementBIRMINGHAM, England, Oct 3 (Reuters) - British Prime Minister...
United Kingdom Business & Economics
U.S. dollar banknotes are displayed in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comSummaryDollar at lowest level since mid-June against yenAussie dollar upEuro also gains as dollar fallsNEW YORK, Aug 1 (Reuters) - The U.S. do...
Forex Trading & Speculation
President Biden’s bet on a rapid rebound from the coronavirus recession may have backfired.  The president and his top economic officials rallied Democrats around a $1.9 trillion stimulus bill in March 2021, urging Congress not to repeat the mistakes of the Great Recession and cut off support for the economy too soon. ...
Inflation
AP Photo/Evan Vucci President Joe Biden speaks in the Roosevelt Room of the White House in Washington. The Biden administration is hosting a summit this week that brings together leaders of 49 African countries, as well as heads of the African Union, to collaborate on key policy across climate change, security and trad...
Africa Business & Economics
A customer hands Indian currency notes to an attendant at a fuel station in Mumbai, India, August 13, 2018. REUTERS/Francis MascarenhasRegister now for FREE unlimited access to Reuters.comMUMBAI, Aug 12 (Reuters) - The Indian rupee opened marginally lower to the U.S. currency on Friday, as traders awaited the retail in...
Forex Trading & Speculation
ADDING FUEL TO THE FLAMES Fake supporters welcome climate change denialist to Africa Energy Week in Cape Town American fossil fuel advocate Alex Epstein on Tuesday spoke at Africa Energy Week, held in Cape Town, where he was greeted by a crowd of ‘supporters’ who had no idea who he was. In what is shaping up to be the ...
Energy & Natural Resources
Stocks To Buy This Diwali - Reliance Industries, Dr. Reddy's, United Spirits And More By HDFC Securities Here are the 10 picks for Samvat 2080 handpicked by us BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and res...
Stocks Trading & Speculation
U.S. researchers claim 'informed traders' profited massively from October 7 attack Professor Joshua Mitts of Columbia and Robert J. Jackson Jr. of NYU found odd transactions focused on downturn of Israeli companies prior to Hamas-led attack "Informed traders" knew about the Hamas-led October 7 attack on Israel, before ...
Stocks Trading & Speculation
BERLIN -- U.N. Secretary-General António Guterres warned Tuesday of a “dangerous disconnect” between what scientists and citizens are demanding to curb climate change, and what governments are actually doing about it.Guterres said global greenhouse gas emissions need to drop by 45% this decade, but are currently foreca...
Energy & Natural Resources
“The 360” shows you diverse perspectives on the day’s top stories and debates.What’s happeningHumans have pumped so much carbon into the air that climate experts now believe even a dramatic reduction in fossil fuel emissions won’t be enough. They say we’ll also have to remove some of the carbon that’s already in the at...
Energy & Natural Resources
Lib Dem leader has by-election in his sights in question on rural fuel duty relief Liberal Democrat leader Sir Ed Davey seemed to have the upcoming by-election in Tiverton and Honiton in his sights when he asked his question."Millions of families across our country are suffering because of the cost of living emergency,...
United Kingdom Business & Economics
LONDON, Oct 24 (Reuters) - Former British finance minister Rishi Sunak will be Britain's next prime minister after his rivals quit the race, which analysts said had relieved some of the nervousness around the outlook for the UK economy, boosting domestic markets.The 42-year old will become the country's third prime min...
United Kingdom Business & Economics
President Joe Biden speaks during an interview with the Associated Press in the Oval Office of the White House, Thursday, June 16, 2022, in Washington.Evan Vucci | APPresident Joe Biden told The Associated Press on Thursday that the American people are "really, really down" after a tumultuous two years with the coronav...
Inflation
U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-WonRegister now for FREE unlimited access to Reuters.comNEW YORK, Aug 19 (Reuters) - Speculators' net long positioning on the U.S. dollar rose in the latest week, while net shorts on the euro increased, ...
Forex Trading & Speculation
Education union call for full funding of public schools by 2028 Caitlin Cassidy A national campaign to fully fund public schools within the next five years is being launched by the Australian Education Union (AEU) today on the lawns of Parliament House. The AEU’s For Every Child campaign wants the federal government to...
Australia Business & Economics
Register now for FREE unlimited access to Reuters.comLONDON, Sept 26 (Reuters) - Sterling skidded to an all-time low against the dollar before recovering on Monday, as investors waited to see if the Bank of England will intervene to calm concerns over government plans that could stretch the country's finances to their ...
United Kingdom Business & Economics
Ross is former special assistant to President Barack Obama in charge of the Middle East, is the counselor at the Washington Institute for Near East Policy and also teaches at Georgetown University’s Center for Jewish Civilization. He has worked on Mideast peace across six decades for both Democratic and Republican Pres...
Middle East Business & Economics
Chief executive of Lower Gulf operations had faced a secret ballot on his leadership A partner at a rival Big Four firm says KPMG’s Middle East business is made up of ‘fiefdoms controlled by individual partners’. KPMG would not comment on the specific claims © imageBROKER/Alamy  Receive free KPMG International Cooperat...
Middle East Business & Economics
When Taha Amin-Ismail Khalifeh dialed into a conference call with his Israeli employer last month, the Palestinian hotel worker expected a briefing on how the Israel-Hamas war was affecting business. Instead, he and 40 others were laid off. Khalifeh, who lives in the West Bank, had worked as a housekeeper in the hotel ...
Unemployment
Yuri Cortez/AFP via Getty Images toggle caption Israeli men, armed with U.S.-made M16 automatic assault rifles, walk in a shopping center in Jerusalem on Oct. 25, amid the ongoing battles in the Gaza Strip between Israel and Hamas. Yuri Cortez/AFP via Getty Images Israeli men, armed with U.S.-made M16 automatic assault...
Middle East Business & Economics
Nigerian naira notes are seen in this picture illustration. REUTERS/Afolabi Sotunde/IllustrationRegister now for FREE unlimited access to Reuters.comABUJA, July 29 (Reuters) - Nigeria's central bank is concerned about the value of the naira and is making deliberate efforts to avert a further downward slide in the curre...
Forex Trading & Speculation
05:53 - Source: CNN Summers: We have to be prepared for a recession CNN  —  The White House maintained on Monday that Americans are well equipped to deal with current economic hurdles – including US stocks plunging into a bear market – because of President Joe Biden’s efforts in office. When asked the White House’s rea...
Inflation
NEW YORK, Nov 4 (Reuters) - U.S. employers hired more workers than expected in October, but a rise in the unemployment rate to 3.7% suggested some loosening in labor market conditions, which would allow the Federal Reserve to shift towards smaller interest rates increases starting in December.Nonfarm payrolls increased...
Unemployment
Mass migration, rising sea levels, dwindling water supplies, crop failures and increased conflict are the biggest threats to Australia’s national security due to climate change, experts say, as the Albanese government delays releasing an intelligence report into the dangers facing the country. Retired Australian Army M...
Australia Business & Economics
UK 'disappointed' EU has launched legal action over NI Protocol Away from the Commons, the prime minister's spokesman has been reacting to the EU launching legal action against the UK. Brussels has taken the move due to the UK publishing legislation to override parts of the Northern Ireland Protocol.Boris Johnson's spo...
United Kingdom Business & Economics
Bharti Airtel Shares Gain After Nigeria Suspends Telecom Excise Nigerian President Bola Tinubu suspended taxes that were introduced two months ago on telecommunications services. Shares of Bharti Airtel Ltd. advanced on Friday after Nigeria suspended its excise on telecom services. Nigerian President Bola Tinubu suspen...
Africa Business & Economics
Bank of England intervenes in bond marketThe Bank of England says it will intervene in bond markets to try and stabilise them, after the recent selloff. It will start buying long-dated gilts from today to “restore orderly market conditions” and stave off a “material risk to UK financial stability”. Here’s the full stat...
United Kingdom Business & Economics
A Euro banknote is displayed on U.S. Dollar banknotes in this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comSummaryCompaniesEuro falls to below 1.02 for the first time since 2002U.S. dollar index rises to new 20-year highSwiss Franc reaches a ...
Forex Trading & Speculation
Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo/File PhotoRegister now for FREE unlimited access to Reuters.comTOKYO, Sept 8 (Reuters) - The dollar resumed its rise in Asia on Thursday after...
Forex Trading & Speculation
Climate and environment groups have criticised comments by the new resources minister, Madeleine King, in support of new gas development, saying it is inconsistent with what climate science says is required to limit global heating.In an interview with the Sydney Morning Herald, King said new gas fields such as Santos’ ...
Energy & Natural Resources
Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/IllustrationRegister now for FREE unlimited access to Reuters.comHONG KONG, Sept 22 (Reuters Breakingviews) - The Japanese government has grudgingly responded to the ...
Forex Trading & Speculation
Chemours has offered a novel argument in defense of one of its toxic PFAS chemicals, known as GenX: that the compound, which causes cancer and other health effects in lab animals and was released by the company into the drinking water of hundreds of thousands of people, is necessary for the fight against climate change...
Energy & Natural Resources
SummaryCompaniesCo lifts FY core profit forecast to over 1.73 bln eurosSees margin on core profit around 35% this yearAdjusted EBITDA rose 17% in Q3, above forecastsShipments to China region rose 73% in July-SeptMILAN, Nov 2 (Reuters) - Ferrari (RACE.MI) said it was confident about its prospects for this year and the n...
Europe Business & Economics
Ajanta Pharma Shares Hit Record High After Q1 Profit Beats Estimates The pharmaceutical company's first-quarter net profit rose 19% YoY to Rs 208 crore beating Bloomberg estimate of Rs 150 crore. Shares of Ajanta Pharma Ltd. surged over 7% to hit a record high after its first-quarter profit beat analysts' estimates. Th...
Stocks Trading & Speculation
Australians have resoundingly rejected a proposal to recognise Aboriginal people in the country’s constitution and establish a body to advise parliament on Indigenous issues. Saturday’s voice to parliament referendum failed, with the defeat clear shortly after polls closed. To succeed, the yes campaign – advocating for...
Australia Business & Economics
Australian PM Anthony Albanese and Chinese President Xi Jinping will soon sit down for a drought-breaking bilateral meeting in Beijing. Mr Albanese, who landed in Shanghai on Saturday, is the first Australian leader to visit China since 2016. The visit is seen as a key moment in thawing relations, after a string of tra...
Australia Business & Economics
JTA — The premier of New South Wales, the Australian state that is home to Sydney, apologized to the Jewish community on Wednesday as they reeled from a pro-Palestinian protest that included “gas the Jews” and “f— the Jews” chants. Chris Minns said in a statement that his local government had tried to “create a place a...
Australia Business & Economics
A logo of Turkey's Central Bank is pictured at the entrance of its headquarters in Ankara, Turkey October 15, 2021. REUTERS/Cagla GurdoganRegister now for FREE unlimited access to Reuters.comISTANBUL, Sept 1 (Reuters) - The Turkish central bank's net international reserves fell $1.26 billion to $12.62 billion in the we...
Forex Trading & Speculation
Standing in line to try to buy food, Rekha Begum is distraught. Like many others in Bangladesh, she is struggling to find affordable daily essentials like rice, lentils and onions. "I went to two other places, but they told me they don't have supplies. Then I came here and stood at the end of the queue," said Begum, 60...
Inflation
NEW YORK, Nov 10 (Reuters) - U.S. consumer prices increased less than expected in October and underlying inflation appeared to have peaked, which would allow the Federal Reserve to dial back its hefty interest rate hikes.The consumer price index rose 0.4% last month after climbing by the same margin in September, the L...
Inflation
The Reserve Bank governor, Philip Lowe, has warned Australians to be prepared for higher interest rates, saying inflation will likely reach 7% by the end of the year and it must be brought under control.In his first public appearance since the RBA raised the cash rate by a larger than expected 50 basis points at last w...
Interest Rates
Thousands of people have rallied in cities and towns across Australia to back a campaign to recognise the country’s Indigenous people in the constitution in advance of a referendum later this year. The gatherings on Sunday, organised by the Yes23 campaign, were part of a nationwide “day of action” to rally the public a...
Australia Business & Economics
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Thursday, Oct. 29, 2020.Kiyoshi Ota | Bloomberg | Getty ImagesShares in the Asia-Pacific are poised to rally Monday after U.S. stocks soared on Friday following a Wall Street Journal report that some Fed officials are conce...
Asia Business & Economics
A giant digital sign is seen at Facebook's corporate headquarters campus in Menlo Park, California, on October 23, 2019.Josh Edelson | AFP | Getty ImagesTechnology hub Menlo Park, California, home to Meta, is teaming up with Brooklyn, New York-based BlocPower in a new form of public-private partnership to electrify tho...
Renewable Energy
Christians being confirmed or baptised in the Oxford diocese will henceforth be asked to commit to protecting the environment as part of the church’s formal liturgy.The addition to the ceremonies is supported by the Right Rev Steven Croft, bishop of Oxford, and asks people being baptised or confirmed to “strive to safe...
Renewable Energy
Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation, now raging at a four-decade high and defying the Fed’s efforts so far to tame it.Increasingly, it seems, doing so might require the one painful thing the Fed has sought to avoid: A recession.A worse-than-expected inflation report...
Inflation
The British Army is using solar panels made by companies claimed to have a "very high" exposure to forced labour in China, the BBC can reveal. The production of solar panels in the Xinjiang region has been linked to the alleged exploitation of Uyghur Muslims. The British Army is investing £200m in solar panels across ...
Renewable Energy