REHOBOTH BEACH, Delaware (Reuters) – President Joe Biden said on Saturday he was in the process of making up his mind on easing U.S. tariffs on China and planned to speak with Chinese President Xi Jinping soon. (Reporting by Nandita Bose in Rehoboth Beach, Delaware, and Mike Stone in Washington; Editing by Daniel Wallis)
KYIV, Ukraine (AP) — Poppies, the blood-red flowers that cover the battlefields of Europe’s two world wars, were lain in mourning Saturday on the coffin of yet another dead soldier, this one killed in yet another European war, in Ukraine. The hundreds of mourners for Roman Ratushnyi, 24, included friends who had protested with him…
LONDON (Reuters) – Businesses should do more to reduce prices in the coming months to help Britons struggling with rising inflation, the government’s cost of living tsar said, as a minister warned of the risk of “unrealistic expectations” over pay. Countries worldwide are battling cost-of-living levels not seen in decades, ratcheted up by the reopening…
(Reuters) – RRussia’s state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief executive said, after Western insurers withdrew cover. Western insurers halted insurance cover for Russia’s biggest shipping group when Sovcomflot was hit by sanctions after Moscow sent troops across the border into Ukraine. Sources…
(Reuters) -Bitcoin dropped below $20,000 on Saturday to its lowest level in 18 months, extending its slide as investors pull back from riskier assets amid rising interest rates. The biggest cryptocurrency was down 7.1% to $18,993 at 0906 GMT, having earlier touched $18,732, its lowest since December 2020. It is down about 59% this year,…
(Reuters) – Bitcoin dropped 6.53% to $19,106.37 at 0734 GMT on Saturday, losing $1,334.33 from its previous close. Earlier in the day, it sank as far as $19,047.61, its lowest point since December 2020. Bitcoin is down 59% this year, while ether is down 73%. (Reporting by Jahnavi Nidumolu in Bengaluru; Editing by Andrew Heavens)
FRANKFURT (Reuters) – A U.S. jury found Bayer’s Roundup weedkiller did not cause an Oregon man’s cancer, the German agriculture and pharmaceuticals company said on Saturday, handing the firm its fourth consecutive trial victory over such claims. The verdict, reached on Friday by the Circuit Court of Jackson County, Oregon, is “consistent with the assessments…
By Jonathan Stempel (Reuters) – A lucky, and likely wealthy, person bid more than $19 million to dine with Warren Buffett, in the 21st and final time that the billionaire businessman auctioned a private lunch to benefit a San Francisco charity. The winning bid in the eBay auction that ended on Friday night far surpassed…
By Fabian Cambero SANTIAGO (Reuters) -Chile’s state-owned Codelco, the world’s largest copper producer, agreed on Friday to start the process of closing its troubled Ventanas smelter, the company said. Workers had threatened action, including a strike, if the board did not invest to upgrade the facility after an environmental incident sickened dozens of people. The…
By Marianna Parraga (Reuters) -A 650,000-barrel-cargo of Venezuela’s oil chartered by Italy’s Eni is about to set sail carrying the first export of crude from the U.S.-sanctioned country to Europe in two years, Refinitiv Eikon data showed on Friday. The U.S. State Department sent letters to Eni and Spain’s Repsol in May authorizing them to…
