By Matt McKnight OLYMPIA, Wash. (Reuters) – In the middle of a serene forest four miles from Washington state’s capital Olympia sits a vintage rotary phone. It is not connected to a telephone line and looks out of place. But it has become a literal lifeline for people to speak words out loud to lost…
NEW DELHI (Reuters) -India has imposed a limit on the amount of wheat stocks traders can hold in an effort to bring down prices, food secretary Sanjeev Chopra told reporters on Monday. The world’s second biggest wheat producer will also provide 1.5 million tonnes of wheat to bulk consumers such as flour millers, as part…
By Karen Freifeld (Reuters) -The Biden administration on Monday added 43 entities to an export control list, including Frontier Services Group Ltd, a security and aviation company previously run by Erik Prince, for training Chinese military pilots and other activities that threaten U.S. national security. The Test Flying Academy of South Africa, a flight school…
WASHINGTON (Reuters) – A White House meeting between Joe Biden and NATO Secretary-General Jens Stoltenberg that had been set to take place on Monday has been rescheduled to Tuesday, the White House said, after announcing the U.S. president would undergo an unscheduled root canal. (Reporting by Trevor Hunnicutt; writing by Rami Ayyub; editing by Tim…
By Renju Jose SYDNEY (Reuters) -A man was charged with dangerous driving on Monday after at least 10 wedding guests were killed when the bus they were travelling in crashed at a roundabout in Australia’s worst bus accident in almost 30 years, police said. Twenty-five people were injured in the accident around 11:30 p.m. (1330…
(Reuters) – Biogen’s shares rose 2% on Monday as a unanimous backing of its Alzheimer’s drug by the U.S. health regulator’s advisers strengthened the case for a traditional approval with no major new safety warnings. The Food and Drug Administration’s advisory panel unanimously agreed that a late-stage trial of the drug Leqembi, developed with partner…
By Paritosh Bansal (Reuters) -‘De-risk, not decouple’ are the new buzzwords for Western policy toward China, drawing skepticism from Beijing about whether there is any difference between the two. For businesses caught in the middle, the semantics are beside the point. As tensions between Western allies and Beijing ratchet up over a litany of disputes,…
LONDON (Reuters) – Morgan Stanley has become the latest Wall Street bank to turn bullish on local emerging market bonds, though its strategists said they remained wary of developing economies’ currencies in the face of a dollar that is set to remain strong. “We upgrade our stance on EM local currency bonds to bullish, where…
ZURICH (Reuters) – UBS followed up the announcement it had closed the takeover of stricken rival Credit Suisse on Monday with a raft of management changes. Here are the highlights: OUT Leaving the company: * Credit Suisse General Counsel Markus Diethelm. The bank appeared to be more willing to settle legal matters during his tenure…
(Reuters) – A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. It’s a big week for markets with interest rate decisions from the three major central banks coming one after another. And one take away from last week’s surprise rate increases in Canada and Australia, is not to take anything…
