(Reuters) – Former U.S. President Donald Trump said he might not participate in the Republican Party’s first 2024 election primary debate in August and may hold an alternative event, citing his lead in opinion polls and what he claims is the hosting network’s bias against him. In a telephone interview with Reuters, Trump said “possibly…
By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – The Dow and the S&P 500 advanced on Thursday as bank shares rallied after major lenders cleared the Federal Reserve’s annual stress test, while strong economic data stoked expectations of further interest rate hikes from the central bank. Stronger than expected economic data pushed…
TOKYO (Reuters) – Japan’s jobless rate was flat at 2.6% in May from the previous month, government data showed on Friday. The seasonally adjusted unemployment rate also matched economists’ median forecast of 2.6% in a Reuters poll. The jobs-to-applicants ratio slipped to 1.31 from 1.32 in April, separate labour ministry data showed. For a table…
By Arshad Mohammed and Humeyra Pamuk (Reuters) -U.S. Special Envoy for Iran Robert Malley said on Thursday his security clearance is under review, saying that he expects the investigation to end “favorably and soon” and in the meantime he was on leave. “I have been informed that my security clearance is under review. I have…
By Trevor Hunnicutt and Nandita Bose NEW YORK/WASHINGTON (Reuters) -President Joe Biden said it would be a mistake to expand the membership of the U.S. Supreme Court after it struck down race-conscious admission considerations on Thursday but thinks the institution is out of touch with basic American values. The president’s comments came hours after the…
(Reuters) – Circor International said on Thursday that KKR & Co had raised its offer for the industrial machinery maker by $5 to $56 per share in cash, as the investment firm looks to fend off a rival bid from Arcline Investment Management. The new offer includes a ticking fee of $1 per share if…
By Manya Saini and Chibuike Oguh (Reuters) – U.S. bank stocks rose on Thursday after the Federal Reserve’s annual health checks showed lenders could weather an economic slump, easing investor fears after Silicon Valley Bank and two other lenders failed this year. But analysts remained skeptical the strong performance would lead to bigger dividends and…
By Karen Freifeld (Reuters) -The United States and the Netherlands are set to deliver a one-two punch to China’s chipmakers this summer by further restricting sales of chipmaking equipment, part of the countries’ ongoing effort to prevent their technology from being used to strengthen China’s military. While the Dutch are planning to curb certain equipment…
(Reuters) -The abortive mutiny by Russia’s Wagner group last week calls into question the fate of the group’s wide network of military and commercial operations across Europe, the Middle East and Africa. This factbox shows what Wagner is doing and where. UKRAINE Wagner deployed in Ukraine soon after the invasion began early last year and…
By Leika Kihara TOKYO (Reuters) -Japanese authorities are facing renewed pressure to combat a continued yen fall driven by market expectations that the Bank of Japan will keep interest rates ultra-low, even as other central banks tighten monetary policy to curb inflation. Aside from verbal intervention, Japan’s government has several options to stem what it…
