By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Senior officials from the United States, Europe and Britain met on Thursday with financial institutions to brief them on efforts by Russia to evade Western sanctions imposed over its invasion of Ukraine, a senior U.S. Treasury official told reporters. The firms – from the United States,…
By Andrea Shalal and David Lawder WASHINGTON (Reuters) -International Monetary Fund Managing Director Kristalina Georgieva on Thursday warned policymakers against the danger of a new Cold War as they ramp up efforts to secure their industrial supply chains amid geopolitical tensions between major powers. “The question is, can we be more determined to enhance security…
(Reuters) – A raging industrial fire in eastern Indiana is expected to be almost entirely extinguished by Thursday evening or Friday morning, officials said, after days of thick smoke shut down schools and forced hundreds of residents to evacuate. The blaze at a plastics recycling facility in Richmond, Indiana, a city of 35,000 about 70…
CAIRO (Reuters) -Egypt and the International Monetary Fund have yet to agree on a date for the initial review under a $3 billion financial package signed in December, an IMF official said on Thursday, a sign the lender may be growing frustrated by Cairo’s lack of reforms. The IMF in December approved a $3 billion…
(Reuters) -Twitter-owner Elon Musk said on Thursday users of the social media platform will be able to offer their followers subscriptions to content, including long-form text and hours-long video. Users offering the subscription, a feature they can access through the “Monetization” tab in settings, will get all the money subscribers pay apart from the charges…
By Kopano Gumbi and Tannur Anders JOHANNESBURG (Reuters) -South Africa needs to urgently fix energy, transport and security challenges if it is to reverse souring investor sentiment, executives said on Thursday as President Cyril Ramaphosa targets 2 trillion rand ($111 billion) in new investments over the next five years. Executives were speaking at the South…
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Thursday said Donald Trump’s defamation trial over whether he raped a writer in the mid-1990s will begin as scheduled on April 25, rejecting the former president’s bid for a delay but letting him learn more about how his accuser is paying her legal bills….
By Blake Brittain (Reuters) – Alphabet’s Google received a mixed ruling on Thursday from a San Francisco federal judge in a patent lawsuit brought by Sonos Inc over wireless audio technology, failing to invalidate all of the patents before a trial but narrowing Sonos’ claims. The case, set for trial May 8, is part of…
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended sharply higher on Thursday as economic data showed cooling inflation and a loosening labor market, fueling optimism that the Federal Reserve could be nearing the end of its aggressive interest rate hike cycle. All three major U.S. stock indexes surged more than 1%, with interest…
(Reuters) -Credit Suisse Group AG has hired BlackRock Inc to help sell a portfolio of structured bonds for the Swiss bank, Bloomberg News reported on Thursday. BlackRock’s Financial Markets Advisory group has been selling off securities over the last two weeks, including pieces of collateralized loan obligations, commercial mortgage bonds and niche asset-backed debt, Bloomberg…
