By Moira Warburton WASHINGTON (Reuters) – Democratic U.S. Representative Robert Garcia on Tuesday started the process of forcing a vote on a motion to expel Republican George Santos, the congressman from New York facing federal charges of fraud, money laundering and theft of public funds. Two-thirds of the House of Representatives would have to vote…
A look at the day ahead in European and global markets from Ankur Banerjee Nervousness in the market over the looming U.S. debt ceiling deadline prevailed through the Asian hours and will remain the main focus for investors as Europe wakes up. While the talks between U.S. President Joe Biden and top congressional Republican Kevin…
A look at the day ahead in European and global markets from Ankur Banerjee Nervousness in the market over the looming U.S. debt ceiling deadline prevailed through the Asian hours and will remain the main focus for investors as Europe wakes up. While the talks between U.S. President Joe Biden and top congressional Republican Kevin…
TOKYO (Reuters) -Japan’s Prime Minister Fumio Kishida plans to meet with top executives from global semiconductor companies as early as on Thursday to strengthen multilateral cooperation, Chief Cabinet Secretary Hirokazu Matsuno said. “The resilience of the semiconductor supply chain cannot be achieved by a single country, and it is extremely important to work together with…
By Michelle Nichols UNITED NATIONS (Reuters) – The extension of a deal allowing the safe Black Sea export of Ukrainian grain and fertilizers beyond May 18 hangs in the balance after Russia issued a list of demands linked to a related agreement on its own such exports. Here are details on the deals brokered by…
SINGAPORE (Reuters) – None of the Airbus A320neo planes in the Singapore Airlines group with Pratt & Whitney engines are currently grounded over a lack of spares, Leslie Thng, CEO of Scoot, the airline’s low-cost subsidiary, said on Wednesday. The engines have been under scrutiny since Go Airlines (India) Ltd filed for bankruptcy protection this…
By Ankur Banerjee SINGAPORE (Reuters) – Asian shares were subdued on Wednesday and the dollar hovered around a five-week peak as investors remained risk averse, with the U.S. debt ceiling talks and a mixed set of economic data weighing on sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.20% lower, while Australia’s S&P/ASX…
By David Lawder WASHINGTON (Reuters) -The Internal Revenue Service said on Tuesday it would launch a free, government-provided direct tax filing option next year, which could lead to the full-scale launch of an IRS filing system that would compete with private tax preparers. The IRS said in an exploratory report to Congress that 72% of…
By Gleb Garanich and Sergiy Karazy KYIV (Reuters) -Ukraine said on Tuesday it had shot down six Russian Kinzhal missiles in a single night, thwarting a weapon Moscow has touted as a next-generation hypersonic missile that was all but unstoppable. When asked about the Ukrainian claim, Russian Defence Minister Sergei Shoigu dismissed it, the RIA…
By Katya Golubkova and Sudarshan Varadhan TOKYO (Reuters) -Oil prices were little changed on Wednesday as traders remained cautious after a surprise rise in U.S. crude inventories stoked demand concerns on the heels of weaker-than-expected economic data from the United States and China. Brent crude futures slipped 3 cents to $74.88 a barrel. U.S. West…
