MOSCOW (Reuters) -The rouble surged to more than two-week highs on Thursday against the dollar and euro and Russian stocks edged higher, helped by stronger oil prices and an upcoming tax period that usually boosts rouble demand. By 1015 GMT, the rouble was 2% stronger against the dollar at 59.52, its firmest point since Aug….
OMAHA, Neb. (AP) — After Terrence Hersey had a stroke on the way home from his railroad job in 2015, he underwent months of therapy to learn how to put words together in sentences and learn to walk again. He had to relearn how to get in and out of a car and how to…
By Cooper Inveen and Christian Akorlie ACCRA (Reuters) – Ghana’s central bank on Wednesday delivered its biggest rate hike ever, a 300 basis point increase to 22%, at an emergency meeting to address the economy’s rapid deterioration amid crippling inflation. The hike comes just three weeks after it kept its monetary policy rate unchanged at…
MILAN (AP) — Fashion designer Giorgio Armani and dozens of others were forced to flee from their vacation villas overnight as firefighters worked to extinguish the remnants of two wildfires on the Sicilian island of Pantelleria on Thursday. A photo shows flames that appear to encroach on Armani’s villa, but his press office said they…
LONDON (Reuters) – British consumers’ spending on credit and debit cards fell sharply over the past week and other measures of their behaviour were either stable or declined, weekly data collated by the Office for National Statistics showed. Credit and debit card spending – which is based on Bank of England CHAPS interbank payment flows,…
BEIJING (Reuters) – China firmly opposes trade talks between the United States and Taiwan and says it will take all necessary measures to firmly safeguard its sovereignty, security and development interests, the commerce ministry said on Thursday. Taiwan and the U.S. have said they will start trade talks under a new initiative. “One China” policy…
HUALIEN, Taiwan (AP) — The U.S. government will hold trade talks with Taiwan in a sign of support for the island democracy that China claims as its own territory, prompting Beijing to warn Thursday it will take action if necessary to “safeguard its sovereignty.” The announcement of trade talks comes after Beijing fired missiles into…
LVIV, Ukraine (AP) — As a potential power broker, Turkish President Recep Tayyip Erdogan will use his first visit to Ukraine since the war started nearly six months ago to seek ways to expand the export of grain from Europe’s breadbasket to the world’s needy. U.N. Secretary-General António Guterres will use his visit to focus…
NEW YORK (AP) — Stocks edged higher on Wall Street Thursday in another round of choppy trading that has mostly held back major indexes following a weekslong run of gains. The S&P 500 fell 0.3% as of 11:57 a.m. Eastern. The Dow Jones Industrial Average fell 12 points, or less than 0.1%, to 33,964 and…
By Florence Tan (Reuters) -Oil prices were little changed on Thursday as investors grappled with falling stockpiles in the United States, rising output from Russia and worries about a potential global recession. Brent crude futures climbed 15 cents, or 0.2%, to $93.80 a barrel by 0347 GMT. U.S. crude futures gained 4 cents, or 0.1%,…
