By Karen Brettell NEW YORK (Reuters) – The dollar fell on Thursday after data showed that U.S. jobless claims rose more than expected in the latest week, though the market was generally viewed as consolidating ahead of key inflation data and the Federal Reserve’s interest rate decision next week. The number of Americans filing new…
By Hilary Russ NEW YORK (Reuters) -Starbucks should hire a law firm that is not hostile to labor unions as the coffee chain – under increasing scrutiny for its treatment of unionized employees – begins an outside assessment of its labor practices, four shareholders said in a letter on Thursday. The shareholders, including Trillium Asset…
By Nell Mackenzie and Kirstin Ridley LONDON (Reuters) -Goldman Sachs, JPMorgan and Morgan Stanley are reviewing their prime broking relationships with Odey Asset Management after allegations of sexual misconduct were reported by the Financial Times and Tortoise Media on Thursday, sources familiar with the matter said. The FT reported that 13 women alleged founder and…
By Luc Cohen and Jack Queen NEW YORK (Reuters) -Donald Trump on Thursday asked for a new trial in the civil case brought by E. Jean Carroll, in which a jury in Manhattan last month found the former U.S. president liable for sexually abusing and defaming the writer and awarded her $5 million in damages….
By Philip Pullella ROME (Reuters) -Pope Francis spent a restful first day after abdominal surgery and his post-operative recovery was proceeding as expected, with bloodwork and respiratory levels stable, the Vatican said on Thursday. The 86-year-old pope is on a liquid diet and was well enough to receive communion and make a telephone call, said…
PARIS (Reuters) – The French economy is on course to eke out meagre growth in the second quarter as industrial and service activity picks up, the central bank said on Thursday in its monthly business climate report. The euro zone’s second-biggest economy is set to grow 0.1% in the April through June period from the…
By David Lawder WASHINGTON (Reuters) – The World Bank Group’s new president, Ajay Banga, will visit Peru and Jamaica next week, kicking off a months-long global tour aimed at accelerating the global lender’s evolution to tackle the climate crisis and reinvigorate its development mission, the World Bank said on Thursday. Banga, a former Mastercard CEO…
By Gabrielle Tétrault-Farber and Guy Faulconbridge GENEVA/MOSCOW (Reuters) -Land mines uprooted and dispersed by floodwaters surging downstream from the breached Kakhovka dam in southern Ukraine could pose a grave danger to civilians for decades to come, the Red Cross said on Thursday. The vast Soviet-era Kakhovka dam, under Russian control, burst in the early hours…
WASHINGTON (Reuters) – The International Monetary Fund on Thursday said it expects the global sovereign debt roundtable to make “tangible” progress toward quicker debt restructurings for heavily indebted countries during a series of meetings in coming weeks. IMF spokesperson Julie Kozack confirmed that technical talks would be held on Friday, with a workshop on comparability…
By Emma-Victoria Farr BERLIN (Reuters) – Reality star Kim Kardashian’s arrival at a gathering of the globe’s top deal brokers in Berlin failed to dispel their dark mood as the rising cost of money puts the brakes on the private equity industry. Flanked by bodyguards, Kardashian drew a crowd of hundreds of executives at the…
