By Jonathan Stempel NEW YORK (Reuters) – CoinEx agreed to pay $1.8 million and be banned from operating in New York to settle state Attorney General Letitia James’ lawsuit accusing the cryptocurrency exchange of operating illegally because it failed to register with the state. A proposed settlement was filed on Wednesday in a New York…
WASHINGTON (Reuters) – The United States targeted North Korea’s missile development in fresh sanctions, issuing the punitive action after South Korea earlier on Thursday said its neighbor fired two short-range missiles. The South Korean military said North Korea fired two short-range missiles off its east coast on Thursday, less than an hour after Pyongyang warned…
WASHINGTON (Reuters) – Production at U.S. factories almost stalled in May as manufacturing struggled under the weight of higher interest rates, data showed on Thursday. Manufacturing output edged up 0.1% last month, the Federal Reserve said. Data for April was revised slightly lower show production at factories surging 0.9% instead of 1.0% as previously reported….
(Reuters) – Manufacturers in the U.S. Northeast grew more optimistic about the near-term business outlook this month even as current conditions remained mixed across the region. Monthly surveys of goods producers from the Federal Reserve banks of Philadelphia and New York on Thursday both showed the six-month outlook at 15-month highs. Manufacturers in both districts,…
BERLIN (Reuters) -One of two female tourists attacked by an American man near the world-famous Neuschwanstein Castle in southern Germany has died, German police said on Thursday. A 21-year-old woman, who had to be taken to a hospital by helicopter, died overnight from serious injuries she sustained, while her 22-year-old companion was still in hospital,…
By Elizabeth Piper and Kylie MacLellan LONDON (Reuters) -Actor Glenda Jackson, a two-time Oscar winner who later served as a socialist politician in the British parliament for 23 years, has died. She was 87. One of four daughters of a bricklayer and a cleaning lady in northwest England, Jackson never forgot her roots even as…
OTTAWA (Reuters) – Canadian housing starts fell 23% in May compared with the previous month as groundbreaking decreased on multiple unit and single-family detached urban homes, data from the national housing agency showed on Thursday. The seasonally adjusted annualized rate of housing starts fell to 202,494 units from a marginally revised 261,357 units in April,…
OTTAWA (Reuters) – Canadian housing starts fell 23% in May compared with the previous month as groundbreaking decreased on multiple unit and single-family detached urban homes, data from the national housing agency showed on Thursday. The seasonally adjusted annualized rate of housing starts fell to 202,494 units from a marginally revised 261,357 units in April,…
By Cristina Amann INGOLSTADT, Germany (Reuters) -Audi has to speed up development of new models to meet a surge in demand for electric vehicles, especially in China, the German luxury carmaker’s CEO said in an interview with Reuters published on Thursday. “We are in the process of reviewing our entire development process,” Markus Duesmann said….
LONDON (Reuters) – Inflation is easing but major central banks remain hawkish, with a long-awaited pause from the U.S. Federal Reserve this week coming with a warning by the world’s most influential interest rate setter that the tightening cycle may not be over yet. Meanwhile, the European Central Bank on Thursday hiked rates by 25…
