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(Reuters) -Apple continued its struggle in the new year on Thursday, plumbing an eight-week low after Piper Sandler handed the tech giant its second downgrade this week on worries about iPhone demand. The rating action knocked Apple shares down 1.4% at $181.6, causing its market value to decline nearly $170 billion so far in the…
NEW YORK (AP) — The Rockefeller Foundation, created with wealth generated from the oil industry more than a century ago, plans to make the fight against climate change central to all of its work, including its operations and investments. In a public letter released Tuesday, foundation president, Dr. Rajiv J. Shah, acknowledged the “irony” that…
(Reuters) – Mexico’s economy grew for the sixth quarter in a row in the first quarter, data from Latin America’s second-largest economy showed on Friday, with growth in line with market expectations. Gross domestic product (GDP) increased 1.0% in the period from the previous three months, statistics agency INEGI said, matching forecasts from economists in…
By Syed Raza Hassan KARACHI, Pakistan (Reuters) -The Pakistani rupee opened slightly stronger on Monday as market participants awaited the announcement of a new finance minister, at a time when the country grapples with economic turmoil worsened by devastating floods. The rupee opened at 239.65 to a dollar and gained around 1% in the opening…
By Brendan Pierson (Reuters) -A U.S. appeals court on Friday temporarily blocked a lower court order that had sharply limited certain Biden administration officials’ and agencies’ contacts with social media companies. The ruling from the New Orleans-based 5th U.S. Circuit Court of Appeals means that the administration is not bound, for now, by a July…
By Daina Beth Solomon CIUDAD JUAREZ, Mexico (Reuters) – Oriana Silva, a 30-year-old Venezuelan mother of two, was so determined to make it to the United States that she entered illegally and was expelled back to Mexico five times in seven months. Now, she is trying another way she hopes will be easier: the U.S….
By Elizabeth Howcroft LONDON (Reuters) – European stock indexes rose slightly in early trading on Monday, supported by hopes that inflation could be past its peak, as markets softened their expectations for future Federal Reserve rate hikes. Liquidity was thin overnight as markets in China, Hong Kong, Singapore, Malaysia, South Korea and Taiwan were closed…
By Kanupriya Kapoor and Ju-min Park SINGAPORE (Reuters) – South Korea’s defence minister said on Saturday that some countries were “ignoring North Korea’s unlawful behaviour”, which he said threatens to weaken U.N. sanctions against its missile and nuclear programmes. China and Russia on Friday ignored a U.S. call for the U.N. Security Council to condemn…
By Dan Williams JERUSALEM (Reuters) – Washington has condemned as terrorism the killing of a Palestinian by suspected Jewish settlers, in sharpened language that appeared to reflect U.S. frustration with surging violence in the occupied West Bank under Israel’s hard-right government. Israeli police detained two settlers in Friday’s incident near Burqa village. According to Palestinians,…
By Tetsushi Kajimoto TOKYO (Reuters) – More than three-quarters of Japanese firms say the yen has declined to point of being detrimental to their business, a Reuters poll found, with almost half of companies expecting a hit to earnings. The results of the Reuters Corporate Survey are one of the clearest signs yet that much…
