MOSCOW/KYIV (Reuters) – Russia accused Ukraine on Wednesday of a failed attempt to assassinate President Vladimir Putin in a drone attack on the Kremlin citadel in Moscow, and threatened to retaliate. Ukrainian President Volodymyr Zelenskiy said Kyiv had nothing to do with the reported overnight incident. “We don’t attack Putin, or Moscow, we fight on…
DUBAI (Reuters) -Iran seized a second oil tanker in a week on Wednesday in Gulf waters, and the U.S. State Department called for its release, in the latest escalation in a series of seizures or attacks on commercial vessels in Gulf waters since 2019. The Bahrain-based Fifth Fleet of the U.S. Navy said the Panama-flagged…
NEW YORK (Reuters) – The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point and signaled it may pause further increases, giving officials time to assess bank failures, how the Washington standoff over the U.S. debt ceiling plays out, the course of inflation. The U.S. central bank lifted it’s benchmark…
DAMASCUS (Reuters) -Iranian President Ebrahim Raisi met counterpart Bashar al-Assad in Damascus on Wednesday in the first visit by an Iranian head of state since Syria’s war began in 2011, underlining close ties as Syrian relations with Arab states thaw. With military and economic support from both Iran and Russia, Assad regained control of most…
By James Oliphant WASHINGTON (Reuters) -Republican Florida Governor Ron DeSantis had counted on a productive state legislative session this spring to turbocharge his coming 2024 presidential bid. Things haven’t quite worked out that way. As the two-month session draws to a close this week, DeSantis is arguably in worse political shape than he was when…
WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Wednesday accused Meta’s Facebook of misleading parents about protections for children and proposed tightening an existing agreement on privacy to include a ban on making money from minors’ data. Specifically, the FTC said Facebook misled parents about how much control they had over who their children…
By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell 4% on Wednesday, extending steep losses from the previous session after the U.S. Federal Reserve raised interest rates and as investors fretted about the economy. Brent futures settled $2.99 lower, or 4%, to $72.33 a barrel, the global benchmark’s lowest close since December 2021. Brent hit…
By John McCrank NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday adopted new disclosure rules for hedge fund and private equity fund advisors aimed at increasing transparency, competition, and efficiency in the $25-trillion marketplace. The rule-making updates Form PF, which was put in place following the financial crisis of 2008-2009 to…
WASHINGTON (Reuters) – Senate Majority Leader Chuck Schumer said senators will consider legislation to bolster the Biden administration’s ability to crackdown on popular video sharing app TikTok as they craft wide-ranging legislation to address Chinese threats. In March, Senators Mark Warner and John Thune joined by 24 other senators proposed the Restrict Act to grant…
COPENHAGEN (Reuters) – Danish brewer Carlsberg has reached a settlement with German authorities and agreed to pay a 50 million-euro ($55 million) fine over the alleged formation of a cartel more than a decade ago. It said it refuted the allegations but had settled in order to focus on its core business of brewing beer….
