(Reuters) – Ducati’s reigning MotoGP world champion Francesco Bagnaia smashed the circuit lap record to take pole position for the Grand Prix of the Americas in Austin, Texas, on Saturday. The pole was the Italian’s first of the season, and 12th of his career, after starting the previous two races in Portugal and Argentina on…
(Reuters) – Ducati’s reigning MotoGP world champion Francesco Bagnaia smashed the circuit lap record to take pole position for the Grand Prix of the Americas in Austin, Texas, on Saturday. The pole was the Italian’s first of the season, and 12th of his career, after starting the previous two races in Portugal and Argentina on…
QUITO (Reuters) – At least 12 inmates were killed in an Ecuadorian jail amid a new clash between gangs, the SNAI prison agency said on Saturday, in the latest chapter in the South American nation’s prison violence. The confrontation occurred on Friday in the prison known as La Penitenciaría, in the city of Guayaquil,…
By Chiara Elisei LONDON (Reuters) – Some holders of bonds issued by French food retailer Casino are working with financial adviser Perella Weinberg Partners to push for better terms should the company’s planned tie-up with smaller food firm Teract proceed, three sources familiar with the matter said. The investors, who hold some Casino bonds maturing in 2026 and…
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said banks are likely to tighten lending further in the wake of recent bank failures, possibly negating the need for further Federal Reserve rate hikes, according to a CNN interview transcript released on Saturday. Yellen said in the “Fareed Zakaria GPS” interview that policy actions to stem…
WASHINGTON (Reuters) – A Chinese spy balloon that was shot down by the U.S. in February carried solar panels that could generate enough electricity to power a type of radar that can generate images at night and through clouds, the Washington Post reported on Saturday, citing leaked U.S. intelligence documents. The balloon’s surveillance capabilities were…
By Jorgelina do Rosario and Rodrigo Campos WASHINGTON/NEW YORK (Reuters) – Zambia last week gave its bondholders a “concrete proposal” for the restructuring of some $3 billion in eurobonds, the ministry of finance and national planning said on Friday. “We continue to engage actively with our bondholders and proposals are being exchanged,” the ministry told…
By Kai Pfaffenbach SLOVIANSK, Ukraine (Reuters) – Russian missiles hit residential buildings in the eastern Ukrainian city of Sloviansk on Friday, killing 11 people, wounding 21 and reducing parts of apartment blocks to a tangled mess of metal and concrete. Eleven people were killed and 21 wounded, Ukrainian public braodcaster Suspilne reported on Saturday, citing…
(Reuters) – Peru’s gross domestic product (GDP) shrunk 0.63% in February compared with the same month last year, the government’s INEI statistics agency said on Saturday, beating expectations by analysts who forecast a bigger decline. It was a second successive month of decline after the economy began to contract in January following 22 months of…
By Joe Bavier WASHINGTON (Reuters) – Africa is struggling with the triple shock of rising debt burdens, an ongoing food crisis and climate change fallout and needs more help from international institutions and wealthy nations to cope, African finance ministers said on Saturday. Developing African economies were only beginning to recover from the COVID-19 pandemic…
