By Jack Queen (Reuters) – Former U.S. President Donald Trump has been indicted for illegally retaining classified government records at his Florida estate after leaving the White House in 2021 and obstruction of justice. Here is what to expect as the case proceeds. WHAT HAPPENS NEXT? Trump, who on Thursday proclaimed his innocence, is scheduled…
(Reuters) – Lordstown Motors said on Friday it plans to take legal action against investor Foxconn to ensure that the Taiwanese contract manufacturer completes a planned purchase of nearly 10% of the electric vehicle startup’s shares. The company, and its EV peers have been struggling as access to capital tightens from rising interest rates and…
(Reuters) – Lordstown Motors said on Friday it plans to take legal action against investor Foxconn to ensure that the Taiwanese contract manufacturer completes a planned purchase of nearly 10% of the electric vehicle startup’s shares. The company, and its EV peers have been struggling as access to capital tightens from rising interest rates and…
LONDON (Reuters) – WikiLeaks’ founder Julian Assange has lost his latest attempt to fight extradition from Britain to the United States where he is wanted on criminal charges, though he will renew his appeal next week. Assange, 51, is wanted by U.S. authorities on 18 charges relating to WikiLeaks’ release of vast troves of confidential…
RAMALLAH, West Bank (Reuters) – A Palestinian driver was shot dead at an Israeli army checkpoint near Ramallah in the occupied West Bank, Palestinian officials said, after what Israel’s military said was a confrontation between the man and one of the soldiers. In a statement, the military said a man arrived in a stolen vehicle…
ROME (Reuters) – Pope Francis is progressing with his post-operation recovery, the Vatican said on Friday, adding that he was able to get out of bed and do some work from hospital. In a statement, the Vatican spokesman Matteo Bruni said Francis spent “most of the morning in an armchair. This allowed him to read…
By Samuel Indyk LONDON (Reuters) – Investors poured money into cash and bonds in the week to Wednesday, according to data from BofA Global Research, ahead of next week’s pivotal central bank meetings from the Federal Reserve, European Central Bank and the Bank of Japan. Cash funds saw $70.6 billion of inflows, BofA said, citing…
(Reuters) – U.S. stock index futures slipped on Friday, a day after the benchmark S&P 500 marked a 20% rally from lows, while inflation data and U.S. monetary policy decision due next week kept investors on their toes. The S&P 500 has risen 20% from its Oct. 12 closing low, heralding the start of a…
BEIJING (Reuters) -China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year, mainly due a low base of comparison, while consumer inflation is projected to be above 1% by December, the central bank governor said. As rising interests rates and inflation squeeze demand in the United States…
(Reuters) – Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June 7, as concerns over stubbornly high inflation and sluggish economic growth prompted investors to pull back from riskier assets. According to data from Refinitiv Lipper, investors withdrew a net $18.84 billion from global equity funds,…
