By Gopal Sharma KATHMANDU (Reuters) – A renowned U.S. mountain guide has achieved the rare Mount Everest region “triple crown” of climbing the Everest, Lhotse and Nuptse peaks in one season, a hiking firm said on Friday, as the season’s death toll on the world’s highest mountain hit 12. Garrett Madison, 44, climbed Lhotse, the…
By Anirban Sen and Karl Plume (Reuters) -Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd, a person familiar with the matter said, in a potential mega deal that would reshape the top tier of global grains merchants. There is no certainty that Viterra, part-owned by Switzerland-based mining and trading…
By Raphael Satter, Zeba Siddiqui and James Pearson (Reuters) -The U.S. State Department warned on Thursday that China was capable of launching cyber attacks against critical infrastructure, including oil and gas pipelines and rail systems, after researchers discovered a Chinese hacking group had been spying on such networks. A multi-nation alert issued Wednesday revealed the…
(Reuters) – The cost of insuring exposure to U.S. government debt dropped on Friday as U.S. President Joe Biden and top congressional Republican Kevin McCarthy were closing in on a deal that would raise the U.S. debt ceiling. The 6-month credit default swap dropped 13 basis points from Thursday’s close to 212 basis points, data…
By Jody Godoy (Reuters) – Bank of America must face cardholder allegations that it bungled its response to unauthorized transactions on unemployment and disability benefits cards in California during the pandemic, a San Diego judge ruled on Thursday. U.S. District Judge Larry Alan Burns said benefits recipients can move forward with a proposed class action…
By Samuel Shen and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – The trademark Chinese patriotism is back at play in markets. As Japan and the United States place fresh curbs on Chinese technology firms, local investors are scooping up shares of those firms and state companies, and reaping handsome rewards. China has for years been guiding money…
By Mike Dolan LONDON (Reuters) – Britain’s interest rate horizon skyrocketed this week on another alarming inflation reading that some fear entrenches the economy as outlier among Western peers – and yet the pound didn’t know whether to laugh or cry. Unlike its dire reaction to UK bond market ructions surrounding last September’s government budget…
(Reuters) – A Mississippi family on Thursday demanded a police officer be dismissed and charged with aggravated assault for shooting an 11-year-old boy when police responded to the child’s own domestic disturbance call at his home. Aderrien Murry, who called police at the request of his mother, was unarmed and following instructions from Indianola officer…
By Gertrude Chavez-Dreyfuss, Saeed Azhar and Davide Barbuscia NEW YORK (Reuters) – Anxiety is increasing in parts of Wall Street that rely on Treasury securities to function, with some traders starting to avoid U.S. government debt that comes due in June and others preparing to deal with securities at risk of default. U.S. President Joe…
By Sarah N. Lynch WASHINGTON (Reuters) – The founder of the far-right militant Oath Keepers Stewart Rhodes was sentenced to 18 years in prison on Thursday for seditious conspiracy, the longest sentence imposed to date over the Jan. 6 U.S. Capitol riot that sought to keep Donald Trump in the White House. U.S. District Judge…
