By Gabriella Borter (Reuters) – Around the world, the story of the missing Titanic submersible and its rescue operation’s race against time has been riveting onlookers. People have been glued to their television screens, fascinated by maritime experts detailing the hurdles for rescue efforts in a vast expanse of sea. They have been watching their…
WASHINGTON (Reuters) -The U.S. State Department on Wednesday announced a new visa restriction policy targeting foreign government officials and agents who assist fugitives in evading the U.S. justice system. The Fallon Smart policy is named after a 15-year-old who was killed in a hit-and-run incident in Oregon in 2016, U.S. Secretary of State Antony Blinken…
By David Shepardson WASHINGTON (Reuters) – A U.S. Senate panel on Wednesday invited PGA Tour Commissioner Jay Monahan, Saudi Arabia’s Public Investment Fund Governor Yasir Al-Rumayyan and LIV Golf CEO Greg Norman to testify at a July 11 hearing. Democratic U.S. Senator Richard Blumenthal, who chairs the Permanent Subcommittee on Investigations, and the panel’s top…
By Kanishka Singh WASHINGTON (Reuters) – The Group of Seven countries affirmed their unity and stressed the need for close coordination in dealing with China, the U.S. State Department said on Wednesday after Secretary of State Antony Blinken met with G7 representatives in London. “The G7 noted the importance of close coordination on the PRC…
By Kanishka Singh WASHINGTON (Reuters) – Rights advocates in Washington demanded that President Joe Biden publicly call out what they described as India’s deteriorating human rights record, saying the U.S. approach of raising the issue in private with Prime Minister Narendra Modi has been a failure. In a press briefing on Wednesday, activists and academics…
By Alden Bentley (Reuters) – A look at the day ahead in Asian markets from Alden Bentley, Breaking News Editor for Finance & Markets, Americas. The week’s main attraction, Fed Chair Jerome Powell’s testimony before the U.S. House Financial Services Committee, came and went without rearranging the pieces on the table much. The Japanese yen…
By Shariq Khan BENGALURU (Reuters) -Oil prices gained a dollar a barrel on Wednesday as U.S. corn and soybean prices raced to multi-month highs, raising expectations that crop shortfalls around the globe could lower biofuels blending and increase oil demand. Brent futures rose $1.22, or 1.6%, to settle at $77.12 a barrel, while the U.S….
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell on Wednesday as Federal Reserve Chair Jerome Powell said the fight to lower inflation still has a “long way” to go, while grains prices jumped on worries about crop shortfalls around the globe. The U.S. dollar was lower and Treasury yields were little changed….
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell against a basket of currencies on Wednesday after Federal Reserve Chair Jerome Powell’s comments on the central bank’s ongoing fight to lower inflation failed to live up to the more hawkish market expectations. Powell told lawmakers the fight against inflation still “has a long…
By Simon Jessop LONDON (Reuters) – Payments company Mastercard on Wednesday launched a global project to recycle credit and debit cards as part of a plan to save the billions of cards in circulation across the industry from landfill. Initially partnering with British lender HSBC Holdings Plc in eight branches in Britain, Mastercard said banks…
