By Katya Golubkova and Sakura Murakami HIROSHIMA, Japan (Reuters) -The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the evasion of price caps on Russian energy will change the supply situation for crude oil and oil products, the IEA’s Executive Director Fatih Birol said. The G7, the…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The People’s Bank of China is expected to keep key lending rates on hold on Monday, as traders in Asia digest the implications of the G7’s stance on China and the tense and fluid situation in Washington regarding…
(Reuters) – Alberta authorities hope cooler temperatures and showers forecast for the coming week will help firefighters battling blazes in the oil-rich Canadian province, although storms could complicate efforts. Amid hot, dry conditions, forecasters were tracking a front likely to move into the province on Sunday that should bring much-needed relief, including humidity and even…
By Ross Kerber and Simon Jessop (Reuters) – The absence of women from the slate of potential Morgan Stanley CEO successors underscores the importance of cultivating and keeping diverse talent, corporate governance experts say. Morgan Stanley co-presidents Ted Pick and Andy Saperstein, and head of investment management Dan Simkowitz, are the front-runners to succeed James…
CANNES (Reuters) – Lily Gladstone, who grew up on the Blackfeet Indian Reservation and stars in Martin Scorsese’s study of white society’s treachery, said the director was a powerful ally in telling the world what communities like hers had always known. In the film “Killers of the Flower Moon”, which premiered at this year’s Cannes…
By Dan Peleschuk and Jeff Mason HIROSHIMA, Japan (Reuters) -Ukraine’s Volodymyr Zelenskiy on Sunday drew a parallel between the destruction of Bakhmut and the horror of Hiroshima, evoking the symbolism of mass destruction as he wrapped up a surprise appearance at the Group of Seven (G7) summit in Japan. The Ukrainian president’s arrival in Hiroshima…
(Reuters) – Minneapolis Fed President Neel Kashkari said that he could support holding interest rates steady at the central bank’s next meeting in June to give officials more time to assess the effects of past rate increases and the inflation outlook, the Wall Street Journal said on Sunday. “I’m open to the idea that we…
MILAN (Reuters) – Elon Musk’s SpaceX and Unipol Gruppo agreed to join forces to help people hit by flooding in northern Italy connect to the Internet, facilitating rescue operations, the Italian insurer said on Saturday. Torrential rains devastated the eastern side of the Italian region of Emilia-Romagna, killing 14 people, causing billions of euros worth…
HIROSHIMA, Japan (Reuters) – Ukraine’s Volodymyr Zelenskiy on Sunday drew a parallel between the destruction of Bakhmut and the horror of Hiroshima, evoking the symbolism of mass destruction as he wrapped up a surprise appearance at the Group of Seven (G7) summit in Japan. UKRAINE * U.S. President Joe Biden said he had received a…
By Andrea Shalal and Susan Heavey WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday said June 1 remains a “hard deadline” for raising the federal debt limit, with the odds quite low that the government will collect enough revenue to bridge to June 15, when more tax receipts are due. Yellen, speaking on NBC’s…
