By Huw Jones LONDON (Reuters) – Stock exchanges and asset managers have squared off ahead of European Union negotiations this week over how much information investors should be given to find the best deals on Europe’s fragmented stock markets. The European Parliament and EU states begin negotiations on Tuesday on finalising reform of the bloc’s…
UNITED NATIONS (Reuters) -The United States and more than 40 other countries said in a joint statement on Monday that they were deeply concerned over Russia’s detainment of a Wall Street Journal reporter and protested Moscow’s “efforts to limit and intimidate the media.” They also said in the statement, read to reporters at the United…
By Humeyra Pamuk and Patricia Zengerle (Reuters) – U.S. President Joe Biden’s administration notified Congress on Monday of the planned sale to Turkey of avionics software upgrades for its current fleet of F-16 fighter aircraft, a deal valued at up to $259 million. The deal, first reported by Reuters earlier on Monday, moves ahead with…
By Davide Barbuscia NEW YORK (Reuters) – Tighter lending conditions after recent bank failures will likely drive the U.S. economy into a shallow recession in the second half of this year, bolstering the case for a gradual increase in exposure to long-term bonds in anticipation of a decline in interest rates, a Vanguard executive said…
DUBAI (Reuters) -Saudi Arabia on Monday released 104 detainees to Yemen, the International Committee of the Red Cross and a Saudi-led coalition said, in a unilateral move that follows simultaneous detainee exchanges between Yemen’s warring parties. The military coalition, which intervened in Yemen in 2015 after the Iran-aligned Houthis ousted the government from the capital…
By Michael S. Derby (Reuters) – Contrary to how many Federal Reserve officials have tended to focus on longer-run inflation expectations data as a tool to divine real world price pressures, a Cleveland Fed report released on Monday said shorter-run expectations may be the more important factor to watch right now. In the present environment…
By Michael S. Derby (Reuters) – Contrary to how many Federal Reserve officials have tended to focus on longer-run inflation expectations data as a tool to divine real world price pressures, a Cleveland Fed report released on Monday said shorter-run expectations may be the more important factor to watch right now. In the present environment…
(Reuters) -Russian opposition figure Vladimir Kara-Murza was convicted of treason by a Moscow court on Monday and sentenced to 25 years in prison. WHO IS HE? Kara-Murza, 41, is a historian, journalist and opposition politician who holds Russian and British passports and studied in England at Cambridge University. He was a close associate of Boris…
By Andrew Osborn MOSCOW (Reuters) -Kremlin critic Vladimir Kara-Murza was jailed for 25 years by a Moscow court on Monday, the harshest sentence of its kind since Russia invaded Ukraine, after being convicted of treason and other offences in a trial he said was politically-motivated. Kara-Murza, 41, a father of three and an opposition politician…
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) – The dollar rose on Monday after New York state factory activity in April increased for the first time in five months, helping bolster expectations the Federal Reserve will raise interest rates in May. Also bolstering the dollar was a report showing confidence among U.S. single-family…
