By Timothy Gardner WASHINGTON (Reuters) – A federal judge has ruled that Tennessee’s law restricting drag performances in public or where children were present was unconstitutional, striking a blow to efforts in U.S. states to regulate LGBTQ conduct. Tennessee Governor Bill Lee in February had signed the bill passed by the state’s assembly that aimed…
By Daniel Trotta (Reuters) – Texas Governor Greg Abbott on Friday signed a bill that bans transgender healthcare including puberty blockers and hormone therapy for minors, making Texas the largest of the 20 states to have outlawed gender-affirming care. Republican lawmakers across the country have promoted similar bills, saying they mistrust the consensus among major…
By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia on Monday named at least 67 current and former staff involved in the leak of confidential government tax plans in an unpublished letter to lawmakers ahead of parliamentary hearings later this week. PwC, one of the world’s “big four” audit and advisory firms, is battling to…
ISTANBUL (Reuters) – Air fares are moderating as capacity returns to the global airline network after the pandemic, Qantas Chief Executive Alan Joyce said on Monday. Airlines have been enjoying high air fares globally as travel rebounds faster than expected. Joyce said Qantas expects to restore its international network to 100% of pre-COVID-19 capacity by…
(Reuters) -The hefty weight of tech megacaps, a suspense-packed OPEC meeting at the weekend and more pain for consumers and businesses Down Under – these are just some of the topics preoccupying markets as they approach the halfway point of 2023. Here’s a look at the week ahead in markets from Kevin Buckland in Tokyo;…
OSLO (Reuters) – Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy Norwegian aquaculture service group Froy, the two companies said in a statement on Monday. GSAM said it had reached a deal to buy a 72% stake in Froy from a unit of salmon farmer Salmar…
By Jessie Pang and Ben Blanchard HONG KONG/TAIPEI (Reuters) – Hong Kong police said they detained 23 people on Sunday for “breaching public peace” and arrested a 53-year-old woman for “obstructing police officers” as authorities ramped up security for the 34th anniversary of the 1989 Tiananmen Square crackdown. Restrictions in Hong Kong have stifled what…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A strong U.S. economy is giving an unexpected boost to the dollar, frustrating bearish investors betting on its decline. The dollar is up 2.5% from its recent low against a basket of currencies and stands near its highest level since March. The nascent rally has defied expectations…
ZURICH(Reuters) – UBS Group takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking crisis, is set to become official as early as June 12, the bank said on Monday. The closing of the tie-up marks the final chapter for the 167-year old institution after years of scandals and missteps…
By Chris Taylor NEW YORK (Reuters) – Consumers facing high asset prices and rising interest rates have a few loan options. None are particularly attractive. Buyers of homes or new cars might be better off waiting. But if you must go ahead, either face taking on a big monthly payment, or stretching out the loan term to…
