PARIS (Reuters) – Vacation rentals company Airbnb said on Wednesday that it had noted an “exceptional level” of demand for properties in the greater Paris region, known as Ile-de-France, just a year ahead of next year’s Olympics in the city. Airbnb said searches for properties in the greater Paris region were up by 30% in…
By Amy Tennery WELLINGTON (Reuters) -A second-half goal from co-captain Lindsey Horan allowed the United States to battle back for a 1-1 draw against the Netherlands in a thrilling Women’s World Cup Group E match on Thursday. The fiercely fought re-run of the 2019 final lived up to its billing as the Dutch enjoyed the…
By Joseph Ax (Reuters) – A coalition of booksellers, authors and publishers has sued Texas seeking to block a new state law that bans “sexually explicit” books from public schools. The law, which was passed by the Republican-controlled legislature in May and is set to take effect in September, requires sellers to rate books based…
By Jihoon Lee SEOUL (Reuters) – South Korea’s export decline likely accelerated in July amid persistently weak demand from China, a Reuters survey showed on Thursday, signalling a bumpy road towards recovery. Outbound shipments were expected to extend their run of year-on-year losses to a 10th straight month with a 14.5% fall in July from…
By Davide Barbuscia and David Randall NEW YORK (Reuters) – U.S. bond investors were gauging how to navigate a prolonged period of higher interest rates that some expect to weigh on U.S. growth, after the Federal Reserve on Wednesday left open the possibility of more rate increases and excluded easing financial conditions anytime soon. With…
By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) -The war of words between NatWest and erstwhile customer Nigel Farage has underscored the challenges global banks face in handling clients who could be defined as a politically exposed person, or PEP. Banks are obliged to deny services to individuals subject to international sanctions or…
By Luc Cohen and Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Wednesday tightened Sam Bankman-Fried’s bail conditions by restricting his ability to communicate publicly, and said he will consider jailing him before the trial over the collapse of his FTX cryptocurrency exchange. At a hearing in Manhattan federal court, prosecutors asked U.S….
A look at the day ahead in European and global markets from Brigid Riley Is the most aggressive U.S. hiking cycle in a generation finished? After Wednesday’s 25 basis point hike, markets seem to think so. Traders in Asia cheered a glimpse of the fabled soft landing with Jerome Powell saying the Fed no longer…
By Josh Smith SEOUL (Reuters) – Russia’s defence minister was photographed this week viewing banned North Korean ballistic missiles with leader Kim Jong Un at a military expo in Pyongyang, signalling deeper ties between the two countries as they face off with the United States. As Russia’s isolation over its war in Ukraine has grown,…
BEIJING (Reuters) -China’s industrial profits extended this year’s double-digit pace of declines into a sixth month as waning demand took a toll on companies’ profit margins, bolstering the case for more supportive policy to help the economy. The year-to-date 16.8% fall followed an 18.8% profit decline in January-May, and reinforced a frail economic recovery that…
