By Michel Rose and Elizabeth Pineau PARIS (Reuters) -French President Emmanuel Macron has thrown himself into what he calls a “catharsis” operation by confronting angry voters in a series of walkabouts, an attempt to regain control of the narrative that could also expose how distant he has become. After weeks of protests against his decision…
By Sabrina Valle and Arunima Kumar HOUSTON (Reuters) – The two largest U.S. oil companies – Exxon Mobil Corp and Chevron Corp – are minting cash from booming oil and gas operations, but are splitting over what to do next. The pair on Friday posted first-quarter results that topped Wall Street forecasts as earnings soared….
By Stephen Culp NEW YORK (Reuters) – U.S. stocks rallied to a higher close on Friday and benchmark Treasury yields dipped at the end of a week marked by strong earnings, wrapping up a solid month with data confirming inflation is cooling, which could allow the Federal Reserve to pause after next week’s expected rate…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar rose on Friday after data showed inflation grew in March, though at a slower pace, keeping the Federal Reserve still firmly on track to raise interest rates at next week’s monetary policy meeting. The yen, meanwhile, fell across the board, after the Bank of Japan…
By Scott DiSavino NEW YORK (Reuters) -Oil prices mostly rose over 2% on Friday after energy firms posted positive earnings and U.S. data showed crude output was declining while fuel demand was growing. On its last day as the front-month, Brent futures for June delivery rose $1.17, or 1.5%, to settle at $79.54 a barrel,…
MADRID (Reuters) – People in Barcelona had to do a double take on Friday when former President Barack Obama, Michelle Obama and film maker Steven Spielberg joined the throngs of tourists to visit some of the city’s main sites – albeit with added security. The trio were in Barcelona to attend a concert by pal…
By Paul Sandle LONDON (Reuters) – Britain’s Competition and Markets Authority (CMA) on Wednesday blocked Microsoft’s $69 billion acquisition of ‘Call of Duty’ maker Activision Blizzard over concerns it would hinder cloud gaming. The ruling was a shock after the regulator had already resolved its concerns about the consoles market, a sector dominated by Sony’s…
(Reuters) – Russia’s forecast of a 2023 budget deficit of no more than 2% of gross domestic product (GDP) remains in force but much depends on oil and gas revenues, Finance Minister Anton Siluanov was quoted as saying on Friday. “So far, these benchmarks are unchanged, but to say that it will be exactly 2%,…
MOSCOW (Reuters) – President Vladimir Putin on Friday said Russia needed to act quickly to counter what he called the West’s “economic aggression”, adding Moscow would expand ties with countries in Eurasia, Africa and Latin America. Russia’s economy has faced multiple challenges this year, including a weaker rouble, lower energy revenues and further isolation as…
LISBON (Reuters) – The number of foreign tourists visiting Portugal surpassed 2.8 million from January through March, making it the best first quarter on record despite high global inflation and interest rates, data from the National Statistics Institute (INE) showed on Friday. Measuring only foreigners staying in Portuguese hotels, the number by far topped 1.8…
