MOSCOW (Reuters) – Russian and Chinese long-range strategic bombers carried out joint patrols over the Sea of Japan, the East China Sea and the western Pacific Ocean but were at times accompanied by jet fighters from unidentified states, Russia said on Wednesday. Russia’s defence ministry said an air group of Tupolev Tu-95 and Chinese Xian…
By Tim Reid (Reuters) – Former U.S. Vice President Mike Pence formally announced his candidacy for the 2024 Republican presidential nomination on Wednesday, setting him up for a battle with the man he once loyally stood by – former President Donald Trump. Here are some facts about Pence’s life and career: A SOCIAL CONSERVATIVE AND…
(Reuters) – Brown-Forman Corp topped Wall Street estimates for quarterly sales on Wednesday, benefiting from higher prices as well as steady demand for its liquor brands such as Jack Daniel’s whiskey, Woodford Reserve bourbon and el Jimador tequila. Shares of the company rose about 2% in early trading. Spirit makers have raised prices globally as…
By Aditi Shah, Joanna Plucinska and Tim Hepher ISTANBUL (Reuters) – The diversion of a U.S.-built Air India jetliner to Russia with engine problems has thrust industry tensions surrounding Russian airspace into the spotlight – just a day after the head of a major American carrier predicted an almost identical scenario. A global industry meeting…
(This June 6 story has been refiled to change the corporate name to Bittrex Inc from Bittrex Global in paragraph 16) By Jonathan Stempel, Hannah Lang and John McCrank NEW YORK (Reuters) – The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major crypto exchange,…
BELGRADE (Reuters) -Kosovo must give greater autonomy to Serb-majority municipalities in the north of the country if it wants to move closer to joining NATO and the European Union, the U.S. envoy to the Western Balkans said on Wednesday. Violence has flared since Kosovo authorities installed ethnic Albanian mayors in offices in the municipalities after…
By Selena Li HONG KONG/BEIJING (Reuters) -Citigroup’s Jane Fraser said the U.S. bank will continue to expand its Chinese business, China’s new financial regulator said, during her first visit to the country since becoming CEO. As Beijing pushes to attract more foreign capital, the National Financial Regulatory Administration (NFRA) said that Fraser held a meeting…
(Reuters) – U.S. Secretary of State Anthony Blinken is in Saudi Arabia for a much anticipated visit amid frayed ties due to deepening disagreements on everything from Iran policy to regional security issues, oil prices and human rights. The U.S.-Saudi alliance has weathered many storms over the decades, but the relationship remains vital to both:…
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. stock market volatility back at pre-pandemic lows, you’d be forgiven for wondering where the market angst had gone. Wall St’s ‘fear index’, the VIX gauge of implied S&P500 equity volatility, closed below 14 on Tuesday for the first time…
By Mike Dolan LONDON (Reuters) -Even if some yearn for pre-pandemic familiarity after three years of global economic disruption, the euro zone may not want or need to go back there. One of the biggest questions in world markets is just how durable the changes wrought by COVID-19 – and the compounding energy shock that…
