MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador on Thursday pushed back against accusations that the armed forces had hindered an investigation into the 2014 disappearance of 43 student teachers, but vowed to find out what had happened to the youths. Lopez Obrador took office in 2018 promising to clear up the notorious…
By John Irish PARIS (Reuters) – France on Thursday called for the release and restoration of Niger President Mohamed Bazoum after what it said was a “power grab” in a country vital to its remaining military interests in the Sahel region. In recent months France has been forced to redefine the country’s strategy to fight…
By Andrew Chung (Reuters) – Epic Games on Thursday asked the U.S. Supreme Court to allow a lower court ruling to take effect against Apple Inc that could force the iPhone maker to change payment practices in its App Store. Epic, maker of the popular video game “Fortnite,” filed a request asking the nation’s highest…
By Luc Cohen NEW YORK (Reuters) – The decision by U.S. prosecutors on Wednesday to drop a campaign finance charge against Sam Bankman-Fried may keep his trial focused on what the government considers his main crime: stealing billions of dollars from cryptocurrency customers at his now-bankrupt FTX exchange. Bankman-Fried, 31, is fighting to stay out…
By Laura Sanicola (Reuters) -Oil settled higher Thursday, with Brent crude topping $84 a barrel for the first time since April, supported by supply tightness following OPEC+ production cuts and renewed bullishness on the outlook for Chinese demand and global growth. Crude has posted four consecutive weekly gains on an expected tightening of supply because…
WASHINGTON (Reuters) -U.S. regulators unveiled a sweeping overhaul Thursday that would direct banks to set aside billions more in capital to guard against risk. If fully implemented, the proposal would raise capital requirements for large banks by an aggregate 16% from current levels, with the brunt felt by the largest and most complex firms, regulators…
OTTAWA (Reuters) – The White House said on Thursday there was no possibility President Joe Biden would pardon his son Hunter, who is facing charges of failing to pay taxes on more than $1.5 million in income in 2017 and 2018. Asked whether Biden might issue such a pardon, White House spokeswoman Karine Jean-Pierre told…
By Patricia Zengerle WASHINGTON (Reuters) – Twenty-five U.S. Republican lawmakers urged President Joe Biden on Thursday to increase funding for the country’s submarine fleet, citing the recent three-nation AUKUS project to supply Australia with nuclear-powered submarines and concern about China’s increasing military might. “We support the vision of the Australia-United Kingdom-United States (AUKUS) partnership and…
By David Shepardson and Diane Bartz WASHINGTON (Reuters) – The U.S. Senate Commerce Committee approved legislation on Thursday to bar automakers from eliminating AM broadcast radio in new vehicles and require companies like Ticketmaster to put total ticket prices including fees in marketing materials. The committee acted on a number of bills before Congress heads…
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank raised interest rates for the ninth consecutive time on Thursday, but raised the possibility of a pause in September as inflation pressures show tentative signs of easing and recession worries mount. Fighting off a historic surge in prices, the ECB has now lifted…
