By Will Dunham WASHINGTON (Reuters) – Expanding upon the historic first images of black holes, scientists on Wednesday unveiled the first picture showing the violent events unfolding around one of these ravenous cosmic behemoths, including the launching point of a colossal jet of high-energy particles shooting outward into space. The new image was obtained using…
MOSCOW (Reuters) -The United States gave JPMorgan permission to process payments for agricultural exports via the Russian Agricultural Bank, but the arrangement was no substitute for reconnecting the bank to the SWIFT system, two Russian sources told Reuters. Access to the SWIFT payment system for the Russian Agricultural Bank is one of Moscow’s main demands…
By Herbert Lash NEW YORK (Reuters) – The dollar retreated on Wednesday on fresh signs of a U.S. slowdown after orders for core capital goods fell more than expected in March, while the economic outlook for Europe could surprise to the upside and strengthen the euro. The Swedish crown weakened sharply after the country’s central…
By David Milliken LONDON (Reuters) – Britain received a record 46.4 billion pounds ($57.9 billion) in demand from investors at the launch of a new inflation-linked government bond which will mature in March 2045, the United Kingdom Debt Management Office said on Wednesday. However the strong demand came at a price, with the 4.5 billion…
By Tom Sims FRANKFURT (Reuters) – Deutsche Bank is undertaking its biggest management shake-up since 2019, the German bank said on Wednesday as it announced the departure of Christiana Riley, who oversaw its U.S. operations. Riley’s exit to join Santander follows news last week that Deutsche’s co-deputy chief executive Karl von Rohr was also leaving,…
By Philip Pullella (Reuters) – Pope Francis, in a historic move that could lead to more inclusiveness in decision-making in the Roman Catholic Church, will allow women to vote for the first time at a global meeting of bishops in October. In the past, women were allowed to attend the synods, a papal advisory body,…
BUDAPEST (Reuters) – Hungary’s government has infringed the National Bank of Hungary’s (NBH) independence with a decree restricting access to the bank’s discount bill and by extending a cap on large commercial bank deposits until end-June, the European Central Bank said on Wednesday. Hungary’s government last month extended a cap on large commercial bank deposits…
By Dominique Vidalon PARIS (Reuters) -Danone, the world’s largest yoghurt-maker, raised its 2023 outlook on Wednesday after it managed to pass on increased costs through price rises and first-quarter sales growth was the fastest in a decade. Danone, which expects prices to peak this year and also anticipates productivity gains, kept its forecast for a…
By David Ljunggren (Reuters) – President Vladimir Putin on Tuesday signed a decree establishing temporary control of the Russian assets of two foreign energy firms, signaling Moscow could take similar action against other companies if need be. The decree – outlining possible retaliation if Russian assets abroad are seized – showed Moscow had already taken…
By Richa Naidu and Dominique Vidalon LONDON/PARIS (Reuters) -The world’s top consumer goods companies, making everything from instant noodles to soap and ice cream, are paying less for their raw materials and energy, but it may take time before shoppers see significantly lower price tags for household goods. Rising expenses for everything from sunflower oil…
