By Camillus Eboh ABUJA (Reuters) – Nigeria’s suspended central bank governor Godwin Emefiele will appear in a high court in Abuja on Thursday, when he is expected to enter a plea in a 20-count indictment, a government lawyer said on Wednesday. Government lawyers, on Tuesday, said they had filed additional graft charges against the governor,…
By Michael Martina and Jason Lange WASHINGTON (Reuters) – Bipartisan majorities of Americans favor more tariffs on Chinese goods and believe that the United States needs to step up preparations for military threats from the country, according to a new Reuters/Ipsos survey. The two-day poll, which concluded on Tuesday, revealed deep worries among Americans about…
WASHINGTON (Reuters) – U.S. lawmakers from both political parties have urged President Joe Biden and members of his administration to resolve a months-long delay in the transfer of a cargo of oil from a seized Iranian tanker off Texas. The Suez Rajan has been stuck near Galveston about 50 miles (80 km) from Houston since…
WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer on Wednesday said he met with House Speaker Kevin McCarthy a few weeks ago and agreed to a resolution that could extend current federal government spending for a few months. “We agreed we should do a CR … where you just extend the existing funding for…
PRAGUE (Reuters) – The Czech government approved on Wednesday a bill allowing the taxation of large multinational companies which tend to book their profits in countries with a lower tax burden. The bill affects firms whose annual revenues exceeded 750 million euros ($817.05 million) in at least two of the past four years. The aim…
By Josh Smith and Soo-hyang Choi SEOUL (Reuters) – North Korea’s claim on Wednesday that U.S. soldier Travis King fled racism and abuse in America comes as Pyongyang pushes back on Washington’s criticism of the North’s human rights record. North Korea broke nearly a month of silence on King, who is Black, issuing a state…
By Juveria Tabassum (Reuters) -TJX Cos raised its outlook for fiscal 2024 on Wednesday, buoyed by steady sales of its discount apparel and accessories and an uptick in demand for home decor goods. The company’s shares were up as much as 5% after it topped second-quarter revenue and profit expectations. Signs of cooling inflation have…
By Ankika Biswas and Shashwat Chauhan (Reuters) – European shares fell on Wednesday on a drag from banks, as increasing evidence of China’s economy rapidly losing steam kept investors on the edge, while UK stocks came under pressure from rising worries over sticky inflation. The pan-European STOXX 600 closed the day 0.1% lower, after falling…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding surged in July and permits for future construction rose amid an acute shortage of previously owned houses, but mortgage rates climbing back to near two-decade highs could slow the housing market improvement. The sharp rebound in groundbreaking on single-family housing units reported by the Commerce Department…
By Max Hunder and Vitalii Hnidyi KYIV/KUPIANSK, Ukraine (Reuters) -Ukraine announced the recapture of the village of Urozhaine from Russian troops in the southeast on Wednesday, but warned the situation on the northeastern front was deteriorating amid Russian counter-attacks. Urozhaine, on the edge of Donetsk region, is the first village Kyiv says it has retaken…
