WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken spoke with Senegal’s President Macky Sall on Wednesday, and the two discussed the political situation and recent unrest in the African country, a State Department spokesperson said. “Blinken expressed his condolences for those killed and injured during the recent violence. The Secretary reiterated the United States’…
By Susan Heavey and David Lawder WASHINGTON (Reuters) -The U.S. economy is strong amid robust consumer spending but some areas are slowing down, U.S. Treasury Secretary Janet Yellen said on Wednesday, adding that she expects continued progress in bringing inflation down over the next two years with a strong labor market. Yellen, in a CNBC…
By Eliana Raszewski BUENOS AIRES (Reuters) – Argentine budget airline Flybondi said on Tuesday it would ground two planes due to an inability to access U.S. dollars needed to pay for services outside the country, underlining the strict capital controls facing many companies. Flight cancellations and delays will affect 5,500 passengers between Wednesday and Friday,…
By Michael Holden and Sam Tobin LONDON (Reuters) -Prince Harry said on Wednesday he would feel a sense of injustice if London’s High Court did not conclude he was a phone-hacking victim, as he completed more than eight hours giving evidence against a British tabloid newspaper group. Harry, King Charles’ younger son, spent a day-and-a-half…
(Reuters) -Chindata Group said on Wednesday that investor Bain Capital has offered to take the Chinese data center operator private in a deal valuing the company at $2.93 billion. Chindata’s shares, which have lost more than a fifth of their value this year, rose about 14% to $7.18 in early trading. Bain Capital’s proposal values…
By Sarah N. Lynch WASHINGTON (Reuters) -Taylor Budowich, a former spokesman for Donald Trump, said on Wednesday he had appeared before a grand jury in Miami to answer questions about the former president’s handling of classified documents after he left the White House. Budowich, who now leads a Trump-allied Super PAC, MAGA Inc, said on…
By David Shepardson WASHINGTON (Reuters) -A group of 19 Republican state attorneys general, oil industry, farming and truck driver groups said Tuesday they had filed legal challenges to the Biden administration decision approving California’s plans to require a rising number of zero-emission heavy-duty trucks as the state pushes to cut pollution. The Environmental Protection Agency…
By Tim Hepher, Joanna Plucinska and Aditi Shah ISTANBUL (Reuters) – Global airlines called on Tuesday for broad co-operation to reach “very tough” emission targets and pledged to release interim climate targets next year as the industry aims for a goal of net-zero by 2050. Aviation, which produces around 2% of the world’s emissions, is…
(This June 6 story has been corrected to say Arrival reduced its headcount by 50% in the first quarter, in paragraph 4) (Reuters) – Arrival said on Tuesday it will convert shareholder hedge fund Antara Capital Master Fund LP’s $20 million loan into equity, a move that would help the British electric-vehicle startup lower its…
By Duncan Miriri (Reuters) -Kenya’s national assembly on Wednesday approved President William Ruto’s pick of economist and senior civil servant, Kamau Thugge, as the next central bank governor. Thugge, who served as the principal secretary, No. 2 official, in the finance ministry until mid-2018, was nominated to the post by Ruto last month after serving…
