By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia gets the new quarter underway with a sense of optimism and momentum buoying world markets on the back of surprisingly strong U.S. economic data and a growing belief that risky assets can withstand ‘higher…
(Reuters) -Barclays is looking to terminate its corporate banking relationship with Odey Asset Management (OAM), the Financial Times reported on Sunday, predominantly due to sexual assault allegations against founder Crispin Odey. The British hedge fund has grappled with redemptions since the FT and Tortoise Media on June 8 jointly reported allegations by 13 women that…
LONDON (Reuters) – Britain’s King Charles will meet U.S. President Joe Biden at Windsor Castle on July 10, a spokesperson for Buckingham Palace said on Sunday. The spokesperson said further details would be released in due course about the meeting which will take place at one of Charles’ residences just outside London. The White House…
By Ted Hesson and Dave Graham WASHINGTON/MEXICO CITY (Reuters) – U.S. and Mexican officials are discussing a new U.S. refugee program for some non-Mexican asylum seekers waiting in Mexico, four sources said, part of President Joe Biden’s attempts to create more legal avenues for migration. The program would likely be open to Cuban, Haitian, Nicaraguan…
(Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to continue their campaign of interest rate rises, Daniel Ivascyn, chief investment officer at the U.S. bond giant, told the Financial Times in an interview published on Sunday. “The more tightening that people feel motivated to…
MEXICO CITY (Reuters) – Mexico’s government on Saturday slammed a tough new state immigration law in Florida spearheaded by Republican Governor and U.S. presidential contender Ron DeSantis, and the country vowed to help protect undocumented Mexicans in that state. DeSantis is seeking the 2024 Republican nomination for president, and his new Florida law, which took…
By Anirudh Saligrama (Reuters) – United Airlines plans to make changes in flight operations to avoid weather-related disruptions ahead of the Fourth of July holiday travel, Chief Executive Officer Scott Kirby said on Saturday. Recent flight disruptions have raised new concerns about whether airlines are ready to handle the summer travel boom during the first…
By Jason Lange WASHINGTON (Reuters) – Gay Republicans criticized as “homophobic” a video posted by Republican presidential candidate Ron DeSantis’ campaign highlighting rival Donald Trump’s past statements in support of gay rights, and the former president declined at a rally on Saturday to respond to the attack. Florida Governor DeSantis’ campaign posted the video on…
By Doyinsola Oladipo and Rajesh Kumar Singh NEW YORK (Reuters) -The number of people traveling by air in the United States for the Fourth of July holiday is expected to surpass pre-COVID levels for the first time in four years, but recent flight disruptions raise fresh questions about airlines’ readiness to handle the summer travel…
By Daria Sito-Sucic SARAJEVO (Reuters) – Bosnia’s international peace overseer, Christian Schmidt, on Saturday annulled two laws that Bosnian Serb parliament had adopted defying the constitution and the terms of a peace deal that ended the Balkan country’s war in the 1990s. Schmidt, who as international High Representative in Bosnia has powers to impose laws…
