ROME (Reuters) – Pope Francis is progressing with his post-operation recovery, the Vatican said on Friday, adding that he was able to get out of bed and do some work from hospital. In a statement, the Vatican spokesman Matteo Bruni said Francis spent “most of the morning in an armchair. This allowed him to read…
BEIJING (Reuters) -China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year, mainly due a low base of comparison, while consumer inflation is projected to be above 1% by December, the central bank governor said. As rising interests rates and inflation squeeze demand in the United States…
A look at the day ahead in U.S. and global markets from Mike Dolan As S&P500 stocks clock their highest close of the year, marking a technical 20% ‘bull market’ from October’s low, disinflation signals around the world may help calm G3 central bankers meeting next week. Much like the winter euro zone recession that…
By Gram Slattery WASHINGTON (Reuters) – A surprise Supreme Court ruling on Thursday has handed Democrats a potential boost in the 2024 congressional race by calling into question the constitutionality of Republican-drawn electoral districts throughout the U.S. South. In the 5-4 decision, the court ruled in favor of Black voters who challenged a Republican-drawn electoral…
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court has granted an unexpected reprieve to a landmark law barring racial discrimination in voting after rolling back its protections over the past decade, but more challenges to the Voting Rights Act seem certain based on actions by Republican legislators in numerous states. Conservative Justices John…
By Brad Brooks (Reuters) – FBI agents on Thursday arrested a real estate developer at the center of allegations that have led to the impeachment of Texas Attorney General Ken Paxton, according to jail records. Nate Paul was booked into the Travis County jail in Austin after his arrest, according to the jail’s online inmate…
ZURICH (Reuters) – The Swiss government has signed an agreement with UBS to cover up to 9 billion Swiss francs ($10.01 billion) in losses from its emergency takeover of Credit Suisse, the finance ministry said on Friday. “To make the takeover possible, the government granted UBS a guarantee for any losses incurred in the liquidation…
By Nell Mackenzie LONDON (Reuters) – Odey Asset Management “does not recognise the picture of the firm that has been painted” by allegations of sexual misconduct by Crispin Odey published by media on Thursday, it told investors in a letter seen by Reuters. The letter, dated June 8 and signed by Peter Martin, the company’s…
VIENNA (Reuters) – Water from the reservoir of a breached Ukrainian dam is still being pumped to the Zaporizhzhia nuclear power plant to cool reactors and other areas, though levels are at values earlier thought to make it impossible, the U.N. atomic watchdog said on Thursday. The plant, occupied by Russia since the early days…
By Gabrielle Tétrault-Farber ANNECY, France (Reuters) -Four toddlers and two pensioners were stabbed in a knife attack in the tranquil French mountain town of Annecy on Thursday and the government said the suspected assailant was a Syrian refugee. A video of the attack, taken by a bystander and verified by Reuters, showed the assailant jump…
