(Reuters) – U.S. stock index futures struggled for direction on Friday as investors remained jittery over the health of the banking sector while they weighed the odds of the Federal Reserve pausing its interest rate hikes soon. Wall Street’s main indexes ended higher in the previous session following Treasury Secretary Janet Yellen’s reassurances that measures…
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit in goods widened sharply to a record high in January amid an increase in imports as businesses continued to replenish depleted inventories. The pace of inventory accumulation reported by the Commerce Department on Monday was, however, slower than in recent months. That, together with the…
By Kanishka Singh WASHINGTON (Reuters) – A woman was sentenced to about 22 years in prison on Thursday for sending threatening letters, containing homemade ricin, in September 2020, to then-President Donald Trump at the White House, the U.S. Justice Department said in a statement. Pascale Cecile Veronique Ferrier, 55, a dual citizen of Canada and…
By John Revill ZURICH (Reuters) – Siemens reported better-than-expected revenues for its third quarter on Thursday as a writedown at Siemens Energy pushed the engineering and technology group into the red for the first time in nearly 12 years. The maker of industrial software and trains reported revenues rising 11% to 17.87 billion euros ($18.38…
(Reuters) – Singer-songwriter Neil Young has asked employees of Spotify Technology SA to quit their jobs while urging people to withdraw their money from big American banks, in protests over coronavirus misinformation and climate change. Young, in a statement on his website, criticized the music streaming platform’s chief executive officer, Daniel Ek, saying he was…
HOUSTON (Reuters) – Top U.S. energy companies last year paid out more of their earnings to shareholders than they invested in new oil and gas fields for the first time, according to a report released on Tuesday. The outlook for stronger energy prices has not changed the focus on investor returns from the U.S. industry,…
(Reuters) – Hays Plc’s half-year profit more than quadrupled, helped by a rebound in new hiring in Germany and the UK, with higher demand from technology and Life Sciences sectors, the British recruitment agency said on Thursday. The company added that its finance director Paul Venables has decided to retire on Sept. 30. The British…
By Kanishka Singh WASHINGTON (Reuters) – Suspended Texas Attorney General Ken Paxton will not testify in his upcoming impeachment trial in the state Senate, his lawyer said late on Monday, indicating Paxton would fight efforts that may aim to compel a testimony from him. State legislators impeached Paxton on May 27 on charges including bribery…
By Heekyong Yang SEOUL (Reuters) -North Korea said on Saturday it would consider any interference with its satellite operations a declaration of war and would mobilise its war deterrence if any attack against its strategic assets were imminent. Pyongyang would respond to any U.S. interference in space by eliminating the viability of U.S. spy satellites,…
BRUSSELS (Reuters) – Euro zone producer prices fell a bit more than expected month-on-month in March, data showed on Thursday, pointing to a further slowdown in consumer prices as the European Central Bank is expected to announce yet another interest rate rise. The European Union’s statistics office Eurostat said prices at factory gates in the…
