(Reuters) -A U.S. Army sergeant was sentenced to 25 years in a Texas prison on Wednesday for killing a man at a protest against police brutality in 2020, setting the stage for Governor Greg Abbott to make good on a pledge to grant a pardon. Daniel Perry was found guilty last month of shooting to…
LONDON (Reuters) – The cost of insuring against a U.S. default rose to its highest since early 2009 on Thursday, in the latest sign of investor nerves over the debt ceiling standoff. U.S. 5-year sovereign credit default swaps rose to 74 basis points, according to data from S&P Global Market Intelligence, up from 73 basis…
By Sarah Young and Paul Sandle LONDON (Reuters) -British engine maker Rolls-Royce said the new CEO’s plan to boost the company’s profitability was moving “at pace”, and it was on track to meet 2023 forecasts, buoyed by cost savings and the ongoing travel recovery. But shares in the company, which has been one of the…
By Andrew Hay (Reuters) – The prop supplier for “Rust” said the movie’s armorer told him that before the production she bought the same type of ammunition as the live round that killed the cinematographer during filming in 2021, according to sheriff’s office records. Armorer Hannah Gutierrez-Reed is the only person still facing charges in…
FRANKFURT (Reuters) -Euro zone consumers raised their inflation expectations in March for the first time since the autumn, even as the rate of price growth fell and the European Central Bank kept raising interest rates, an ECB survey showed on Thursday. The median respondent in the latest Consumer Expectation Survey saw prices growing by 5.0%…
By Andrea Shalal NIIGATA, Japan (Reuters) – Brazilian Finance Minister Fernando Haddad expressed serious concerns on Thursday that Argentina’s economic challenges and a major drought there could affect the country’s “political destiny” and usher in an extremist government. “We are worried because this situation may affect the political destiny of Argentina,” Haddad told U.S. Treasury…
DUBAI (Reuters) – Abu Dhabi oil giant ADNOC intends to offer 15% of its shares in unit ADNOC Logistics & Services (ADNOC L&S) through an initial public offering (IPO) on the Abu Dhabi stock exchange, the company said on Wednesday. ADNOC will offer about 1.1 billion shares in its maritime logistics services unit, which is expected…
By Kate Lamb LABUAN BAJO, Indonesia (Reuters) -Southeast Asia’s ASEAN grouping will not give up trying to end violence in fellow member Myanmar even though the ruling military there has made no progress on a peace plan it agreed with the bloc two years ago, Indonesia said on Thursday. Frustration has mounted among some members…
By Leika Kihara NIIGATA, Japan (Reuters) – Calm has returned to the global financial system after the recent failure of several U.S. banks, but Group of Seven (G7) finance leaders will communicate closely to respond to any renewed instability, Bank of Japan (BOJ) Governor Kazuo Ueda said on Thursday. Ueda also said there was no…
TOKYO (Reuters) – Japan’s Honda Motor Co on Thursday forecast a 19.1% rise in operating profit for this business year, after it missed analysts’ estimates in the fourth quarter. Japan’s second-biggest automaker forecast full-year operating profit rising to 1.0 trillion yen ($7.40 billion) compared with a 985.62 billion yen average profit expected by 21 analysts….
