By Ankur Banerjee SINGAPORE (Reuters) – The dollar began Monday on a weak note after significant losses last week due to a potentially weakening U.S. labour market, while concerns over a global trade war led investors to safe havens, lifting the yen and the Swiss franc. Markets have been fixated on simmering trade tensions across…
By Portia Crowe (Reuters) – Barrick Gold remains “fully engaged and committed to reaching a mutually beneficial resolution” with Mali to end a dispute over its assets there, its chief operating officer for Africa and the Middle East said in a memo seen by Reuters on Saturday. The Canadian miner and Malian government have been…
By Bo Erickson and Jonathan Allen WASHINGTON (Reuters) – Columbia University’s interim president said the school is working to address the “legitimate concerns” of U.S. President Donald Trump’s administration after $400 million of federal government grants and contracts to the university were canceled over allegations of antisemitism on campus. In an announcement on Friday, the government…
By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis is showing a “good response” to his treatment in hospital for double pneumonia and his overall condition is gradually improving, the Vatican said on Saturday. Francis, 88, has been in Rome’s Gemelli hospital for more than three weeks with a severe respiratory infection that has required continuously…
By Bo Erickson WASHINGTON (Reuters) -Republicans in control of the U.S. House of Representatives unveiled their six-month stopgap government funding bill on Saturday to avoid a potential government shutdown on March 14. The proposal would fund the government through September, the end of the 2025 fiscal year, and mostly maintain levels of spending passed during…
By Shashwat Chauhan and Purvi Agarwal (Reuters) – Latin American markets soared on Wednesday, with Mexico’s peso regaining more of its tariff-driven losses as investors hoped for some relief from U.S. tariffs, while a weaker dollar also provided a lift. In the latest move, U.S. President Donald Trump said he would exempt automakers from the…
(Reuters) – Elon Musk’s satellite company SpaceX said Wednesday its Starlink unit has no intent to take over any Federal Communications Commission telecommunications contract, rejecting media reports. “Starlink is a possible partial fix to an aging system. There is no effort or intent for Starlink to ‘take over’ any existing contract,” SpaceX wrote on X….
By David Shepardson WASHINGTON (Reuters) -Billionaire Elon Musk, who is advising President Donald Trump on plans to radically shrink the U.S. government said Wednesday that the U.S. Postal Service and passenger railroad Amtrak should be privatized. “I think logically we should privatize anything that can reasonably be privatized,” Musk said at a Morgan Stanley conference….
By AJ Vicens and Raphael Satter DETROIT (Reuters) – U.S. authorities have in recent weeks begun releasing seized Chinese-made equipment used for cryptocurrency mining, two industry executives told Reuters. Cryptocurrency miners – basically souped-up computers with advanced chips – compete with one another to solve mathematical puzzles, a process which helps build the blockchains underpinning…
By Medha Singh and Kanchana Chakravarty (Reuters) -Shares of U.S. companies have come under pressure from the latest escalation in Washington’s trade war, with the newest tariffs on Canada and Mexico expected to hit earnings in several sectors, including automakers, retailers and raw materials. President Donald Trump imposed 25% tariffs on imports from Mexico and…
