By Sarah El Safty, Khalid Abdelaziz and Nafisa Eltahir CAIRO (Reuters) – A war between military factions in Sudan is putting at risk the production of staple crops this year, farmers in several states say, threatening to drive the African nation deeper into hunger and poverty. Reuters spoke to more than a dozen people including…
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador on Monday urged Mexican-Americans not to vote for Texas Governor Greg Abbott in response to Texas putting a barrier of orange buoys in the Rio Grande to stop migrants crossing into the United States. Mexico’s incoming foreign minister, Alicia Barcena, said last week that the barrier…
By Niket Nishant (Reuters) -U.S. mortgage data vendor Black Knight will sell its Optimal Blue business for $700 million, shedding a second unit to soothe regulatory concerns over its proposed buyout by NYSE-owner Intercontinental Exchange. Canadian business software firm Constellation Software will buy the unit, provided ICE closes its takeover, the companies said on Monday,…
By Andrea Shalal WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday the United States was making good progress in bringing inflation down and she did not expect the U.S. economy to enter into a recession. Yellen, speaking to Bloomberg TV from India during a meeting of Group of 20 finance officials, said slower…
MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households climbed to 11.1% in July from 10.2% in June, the central bank said on Monday, just days before it is widely expected to raise its key interest rate from 7.5%. A Reuters poll on Monday suggested the Bank of Russia would hike rates…
By Brendan O’Boyle MEXICO CITY (Reuters) – Mexican authorities on Sunday said they intercepted over 500 migrants in two days in the eastern state of Veracruz as authorities crack down on the transportation of migrants toward the United States in unsafe conditions. Authorities found 206 migrants abandoned in a tractor-trailer on Saturday in the town…
By Samrhitha A (Reuters) – Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports quarterly results on Wednesday, but analysts said it was well positioned due to its solid pipeline of shows and international production crew. Striking Hollywood actors have joined film and television writers on picket lines, forcing…
ZURICH (Reuters) – A Swiss investors’ association is planning to file a lawsuit seeking compensation for former Credit Suisse shareholders, the latest legal action triggered by the bank’s emergency takeover by its cross-town rival UBS. “Due to the large number of inquiries, the Swiss Association for the Protection of Investors (SASV) has decided to coordinate…
HONG KONG (Reuters) – Embattled property developer China Evergrande Group on Monday published its long delayed results for fiscal 2021 and 2022, posting significant losses and big drops in revenue. The world’s most indebted property developer reported a net loss of 476 billion yuan ($66.36 billion) and 105.9 billion yuan ($14.76 billion) for 2021 and…
By Orathai Sriring and Panarat Thepgumpanat BANGKOK (Reuters) -An eight-party alliance seeking to form Thailand’s next government reaffirmed its backing for Pita Limjaroenrat to become prime minister, Pita said on Monday, despite his defeat last week in a parliamentary vote. Pita, leader of the progressive Move Forward party – the surprise winner of a May…
