(Reuters) – The U.S. Supreme Court has issued a number of important rulings during its current term that began last October and is expected to decide its remaining cases by the end of June including disputes involving race-conscious college admissions practices, President Joe Biden’s student debt forgiveness plan and LGBT rights. Here is a look…
(Reuters) -Thyssenkrupp and Industrie De Nora pushed ahead with the planned initial public offering (IPO) of their hydrogen joint venture Thyssenkrupp Nucera on Friday, setting the price range at the lower end of expectations. The IPO will be the first in Germany since February, when shares in web hosting company IONOS debuted in Frankfurt, as…
WASHINGTON (Reuters) – The United States slapped sanctions on Friday on two Russian intelligence officers who attempted to interfere in a local American election as part of Moscow’s “global malign influence operations,” the Treasury Department said. The two officers, Yegor Sergeyevich Popov and Aleksei Borisovich Sukhodolov, both members of Russia’s Federal Security Service, have worked…
(Reuters) – The crew of the Ocean Race’s Team JAJO endured several heart-stopping minutes on their approach to the Strait of Gibraltar on Thursday when their boat came under attack from a pod of orcas. Video footage shows the orcas, also known as killer whales, circling the Dutch yacht, before accelerating towards it, ramming into…
MADRID (Reuters) – Spain’s ombudsman is to investigate the sinking of a dinghy headed to the Canary Islands from Morocco on Wednesday after more than 30 migrants were feared dead. Migration-focused organisations Walking Borders and Alarm Phone criticised Spain and Morocco this week for not intervening earlier to rescue the vessel’s passengers. Spain says all…
By Leah Douglas WASHINGTON (Reuters) – The Biden administration will spend $2.3 billion on food purchases for schools and food banks as the end of pandemic-era aid leads to rising food insecurity, the Department of Agriculture said on Friday. Supplemental food aid for low-income families and schools tied to the COVID-19 pandemic has mostly expired….
By Shreyashi Sanyal, Bansari Mayur Kamdar (Reuters) -European shares dipped on Friday at the end of a central bank policy-packed week that reinforced views that interest rates could stay higher for longer, while shares of Siemens Energy plunged as it withdrew its annual profit outlook. The STOXX 600 index closed 0.3% lower after data showed…
By Ashitha Shivaprasad (Reuters) – Palladium could extend this year’s near 30% price decline as the rapid rise of electric vehicles threatens to hammer demand for the autocatalyst metal at a time broader economic weakness and chart factors are also weighing. Spot palladium hit a four-year low of $1,269.09 an ounce on Thursday, having fallen…
By Granth Vanaik (Reuters) – Carnival is expected to post robust second-quarter revenue growth as new and younger customers, undeterred by high inflation, spend on novel experiences such as cruising. While Americans have cut back on purchasing big-ticket non-essential goods due to soaring costs, protracted confinement to their homes during the pandemic has whet their…
By Libby George LONDON (Reuters) -Foreign investors hoping for a game-changing rate hike from Turkey’s newly appointed central bank chief said Thursday’s disappointing move to a key rate of just 15% could keep some money on the sidelines. The appointment of U.S.-trained banker Hafize Gaye Erkan to lead the bank boosted expectations that it would…
