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 2022-12-09 19:06 

FX Empire

U.S. senators propose law to boost transparency at regional Fed banks...

By Michael S. Derby (Reuters) Democratic Senator Elizabeth Warren and Republican Senator Pat Toomey have joined together to propose legislation that would make it easier to get information out of the U.S. Federal Reserve's 12 regional banks....

 2022-12-09 19:00 

FX Empire

U.S. confirms another Honda death from faulty air bag...

WASHINGTON (Reuters) U.S. auto safety regulators on Friday said they had confirmed a new crash death from a faulty air bag in a Honda car as they urge owners to get recall repairs completed....

 2022-12-09 18:59 

FX Empire

Trump metal tariffs ruled in breach of global rules by WTO...

BRUSSELS (Reuters) The World Trade Organization ruled on Friday that U.S. tariffs imposed on steel and aluminium imports by former president Donald Trump contravened global trading rules....

 2022-12-09 18:51 

FX Empire

Michigan judge tosses charges against former Gov. Snyder in Flint water crisis, AP reports...

(Reuters) A Michigan judge on Friday dismissed charges against former Governor Rick Snyder in connection with the Flint water crisis, several months after the state Supreme Court ruled grand jury indictments returned in the case were invalid, the Associat...

 2022-12-09 18:51 

FX Empire

White House calls on Bangladesh to investigate reports of pre-election violence...

WASHINGTON (Reuters) The White House on Friday called on the government of Bangladesh to fully investigate reports of violence against journalists and human rights activists ahead of a major political protest, and urged all parties to refrain from violenc...

 2022-12-09 18:51 

FX Empire

Warner Bros TV channel executives leave amid restructuring Deadline...

(Reuters) Two of Warner Bros. Discovery executives leading TV channels left the company as part of ongoing restructuring at the media giant, Hollywood and media news outlet Deadline reported Friday, citing a memo....

 2022-12-09 18:51 

FX Empire

Broadcom faces EU antitrust probe into $61 billion VMware deal sources...

By Foo Yun Chee BRUSSELS (Reuters) U.S. chipmaker Broadcom is set to face a setback in its $61 billion bid for cloud computing company VMware with EU antitrust regulators poised to open a full-scale investigation into the deal, people familiar with the ma...

 2022-12-09 18:49 

FX Empire

Russia bans 200 Canadians in tit-for-tat move...

(Reuters) Russia said on Friday it had summoned Canada's ambassador to the foreign ministry in Moscow in a tit-for-tat move....

 2022-12-09 18:38 

FX Empire

Analysis-Former lawmaker's arrest over suspected coup plot highlights Germany's extremism problem...

By Madeline Chambers and Sarah Marsh BERLIN (Reuters) Until recently, Berlin judge Birgit Malsack-Winkemann was giving speeches in the German parliament. This week she was arrested in a raid as part of a group suspected of plotting to violently overthrow ...

 2022-12-09 18:36 

FX Empire

Gasoline queues return in Venezuela as refineries fail to produce...

By Tibisay Romero and Mircely Guanipa VALENCIA/MARACAY, Venezuela (Reuters) Long lines for motorists at Venezuela's refueling stations are back due to repeated outages at state oil company PDVSA's refineries and a lack of diesel and gasoline impor...

 2022-12-09 18:33 

FX Empire

In U.S. Supreme Court elections case, politicians could win either way...

By Andrew Chung WASHINGTON (Reuters) Though the U.S. Supreme Court appears reluctant to free North Carolina Republican lawmakers from judicial scrutiny as much as they want on voting rules, the restrictions it may allow still could give politicians more p...

 2022-12-09 18:29 

FX Empire

Jana ratchets up pressure on Freshpet, recruits Schmidt to campaign...

By Svea Herbst-Bayliss NEW YORK (Reuters) The activist investor pushing Freshpet Inc to consider selling itself is ratcheting up the pressure on the pet-food company by recruiting industry expert Kurt Schmidt to help with its campaign and possibly serve a...

 2022-12-09 18:06 

FX Empire

Russia says 30 more embassy staff will leave U.S. due to visa restrictions...

MOSCOW (Reuters) Russia's ambassador to the United States, Anatoly Antonov, on Friday said 30 more embassy staff would have to leave the country on Jan. 1 due to visa restrictions, RIA news agency said....

 2022-12-09 18:06 

FX Empire

Soccer-Croatia oust favourites Brazil 4-2 on penalties to reach semi-final...

By Karolos Grohmann AL RAYYAN (Reuters) Croatia battled past tournament favourites Brazil 4-2 on penalties on Friday to reach the World Cup semi-finals following a 1-1 draw over 120 minutes....

 2022-12-09 18:06 

FX Empire

Tod's founder abandons plan to delist company...

MILAN (Reuters) The founding family of Italian luxury shoemaker Tod's said it was ditching a plan to delist the company after its initial buyout failed to meet the required threshold of support....

 2022-12-09 18:06 

FX Empire

Turquoise Hill shareholders approve Rio Tinto's $3.3 billion buyout bid...

(Reuters) Shareholders of Canada's Turquoise Hill on Friday voted in favour of Rio Tinto's $3.3 billion bid to take it private and gain direct control over a giant Mongolian copper mine....

 2022-12-09 18:00 

FX Empire

Big Oil does little to act on climate despite vows, U.S. House panel says...

By Timothy Gardner WASHINGTON (Reuters) Major energy companies are not doing enough to prevent the worst effects climate change despite public promises to fight the problem, a U.S. House panel said about documents released on Friday that it got in a probe...

 2022-12-09 17:51 

FX Empire

French court strikes down watchdog's decision over Russian TV channels...

By Mathieu Rosemain PARIS (Reuters) France's top administrative court ordered the country's broadcasting authority on Friday to review its decision over the distribution of three Russian TV channels by satellite operator Eutelsat, in a win for Rep...

 2022-12-09 17:42 

FX Empire

U.S. household wealth falls for third consecutive quarter...

(Reuters) U.S. household wealth fell by $400 billion in the third quarter as a drop in U.S. stock prices outpaced gains in real estate values, a Federal Reserve report showed on Friday....

 2022-12-09 17:38 

FX Empire

Exclusive-Biden administration drafting executive order to simplify space rules -sources...

By Joey Roulette WASHINGTON (Reuters) U.S. President Joe Biden's administration is drafting an executive order intended to streamline approval for private rocket launches amid a broader effort to bring legal and regulatory clarity for American compani...

 2022-12-09 17:37 

FX Empire

Saudi Arabia wants ties with both China and U.S., says foreign minister...

RIYADH (Reuters) Saudi Arabia's foreign minister said on Thursday after a China-Arab summit hosted by Riyadh that the kingdom wants to cooperate with both the United States and China economic rivals and that while competition was good, polarisation wa...

 2022-12-09 17:36 

FX Empire

Recession drumbeat gets louder as more U.S. CEOs strike mellow note for 2023...

By Medha Singh (Reuters) Corporate America is starting to feel the chill of a looming recession as top executives from companies such as JPMorgan Chase & Co, Walmart Inc and United Airlines paint a grim economic picture for the coming year....

 2022-12-09 17:36 

FX Empire

Greek parliament approves spy operations reforms...

ATHENS (Reuters) Greece's parliament on Friday passed a bill reforming the country's intelligence service (EYP) and banning the sale of spyware as the government tries to mitigate the impact of a phone tapping scandal still under investigation....

 2022-12-09 17:07 

FX Empire

No place for rate-cut talk, says Polish c.banker Tyrowicz...

WARSAW (Reuters) There is currently no place for talk of rate cuts, Polish central banker Joanna Tyrowicz said on Friday, labelling questions about when borrowing costs could start to fall "absurd" under the current circumstances....

 2022-12-09 17:07 

FX Empire

Italy's Snam to pick offshore site for new LNG terminal in early 2023...

MILAN (Reuters) Itay's Snam will choose the offshore site for its new floating storage and regasification unit (FSRU) in the next 100 days, Italy's special commissioner for the project said on Friday, with its initial location already facing a leg...

 2022-12-09 17:06 

FX Empire

Some banks may struggle to pay back ECB loans, says EU watchdog...

By Huw Jones LONDON (Reuters) Some banks in the euro zone could struggle to pay back money borrowed from the European Central Bank as volatile markets make it harder to raise funds, the European Union's banking watchdog said on Friday....

 2022-12-09 17:06 

FX Empire

Biden authorizes new $275 million in military aid for Ukraine White House...

(Reuters) U.S. President Joe Biden on Friday authorized fresh $275 million in military aid for Ukraine, according to a memo released by the White House....

 2022-12-09 17:06 

FX Empire

Russia trying to get ballistic missiles from Iran, says Britain...

By Michelle Nichols UNITED NATIONS (Reuters) Russia is attempting to obtain more weapons from Iran, including hundreds of ballistic missiles, and offering Tehran an unprecedented level of military and technical support in return, Britain's U.N. Ambass...

 2022-12-09 17:06 

FX Empire

Brazil's next defense minister is a political veteran, respected by military...

By Anthony Boadle BRASILIA (Reuters) Jose Mucio, a veteran politician known for his negotiating skills, will be Brazil's next defense minister, tasked with smoothing over relations between the country's military and leftist President-elect Luiz In...

 2022-12-09 17:06 

FX Empire

Analysis-U.S. financial conditions have eased. So far the Fed is okay with it...

By Ann Saphir (Reuters) Over the past six weeks or so, U.S. mortgage rates have fallen, stock prices are up, and yields on corporate debt have dropped, all signs that financial conditions are easing even as the Federal Reserve continues to wage war on 40-...

 2022-12-09 16:51 

FX Empire

Banco BPM repaid 12.5 billion euros of ECB loans source...

MILAN (Reuters) Italy's Banco BPM has repaid on Friday around 12.5 billion euro ($13.2 billion) in loans from the European Central Bank (ECB), a source close to the bank said....

 2022-12-09 16:51 

FX Empire

Norway's Reitan Retail buys 114 Danish stores from Germany's Aldi...

OSLO (Reuters) Norway's Reitan Retail said on Friday it had agreed to buy 114 Danish grocery stores and three distribution centres from German rival Aldi for an undisclosed amount, boosting the Norwegian group's chain of Rema 1000 discount stores....

 2022-12-09 16:51 

FX Empire

Keystone oil spill could tighten U.S. Gulf crude stocks...

By Arathy Somasekhar HOUSTON (Reuters) An oil spill that shut TC Energy's Keystone pipeline in the United States on Wednesday could squeeze crude inventories at the country's primary storage hub and in two main refining regions, the Midwest and Gu...

 2022-12-09 16:51 

FX Empire

Fed discount window borrowing is edging up, but is it a problem?...

By Michael S. Derby NEW YORK (Reuters) Borrowing at a key Federal Reserve facility long associated with providing emergency loans to banks has been edging higher, recently climbing to over $10 billion for the first time in more than two years, a developme...

 2022-12-09 16:47 

FX Empire

Juul agrees to pay $1.2 billion in youth-vaping settlement Bloomberg News...

(Reuters) Juul Labs Inc has agreed to pay $1.2 billion to resolve about 10,000 lawsuits targeting the e-cigarette maker as a major cause of a U.S. youth-vaping epidemic, Bloomberg News reported on Friday, citing people familiar with the matter....

 2022-12-09 16:07 

FX Empire

TotalEnergies stays in Russia's Yamal LNG source...

(Reuters) French oil giant TotalEnergies is not leaving the Yamal LNG project for now, a source familiar with the matter said on Friday, after the company decided to take a $3.7 billion write-off on its stake in Russia's Novatek. Yamal LNG...

 2022-12-09 16:06 

FX Empire

Mexico president says two bidders remaining for Citi's local retail bank...

MEXICO CITY (Reuters) Mexican President Andres Manuel Lopez Obrador said on Friday there are two remaining parties bidding to buy the Mexican retail arm of U.S. banking giant Citigroup ....

 2022-12-09 16:06 

FX Empire

German finance ministry lays out joint EU response to U.S. inflation act...

BERLIN (Reuters) Germany wants a joint European response to the U.S. Inflation Reduction Act that would involve simplifying rules on state support and expanding funding opportunities, according to a German finance ministry document seen by Reuters on Frid...

 2022-12-09 16:06 

FX Empire

Peru president open to early election talks, says not the time to change constitution...

By Marco Aquino LIMA (Reuters) Peru's President Dina Boluarte said on Friday she is willing to discuss early elections with the country's political and civil organizations, but ruled out kick-starting constitutional changes for the time being....

 2022-12-09 16:06 

FX Empire

North Carolina Treasurer calls for BlackRock CEO Fink to resign...

BOSTON (Reuters) North Carolina's state treasurer on Friday called for BlackRock Inc CEO Laurence Fink to resign or be removed from the top asset management firm, "due to his focus on Environmental, Social and Corporate Governance (ESG) initiative...

 2022-12-09 16:06 

FX Empire

Biden to throw support to African Union to become G20 member -Washington Post...

WASHINGTON (Reuters) President Joe Biden next week will announce U.S. support for the African Union's admission to the G20 group of the world's largest economies as a permanent member, The Washington Post reported on Friday....

 2022-12-09 16:02 

FX Empire

Bpost's review shows non-compliance with policies, CEO leaves...

(Reuters) Belgian postal operator Bpost said on Friday that a previously announced review had revealed non-compliance with its policies and indications of non-compliance with applicable laws....

 2022-12-09 15:52 

FX Empire

UniCredit says repaid 29 billion euros of ECB loans...

MILAN (Reuters) Italy's UniCredit said on Friday it had repaid around 29 billion euros ($30.56 billion) in loans from the European Central Bank (ECB), a bank's spokesperson said....

 2022-12-09 15:51 

FX Empire

Slovak government faces crunch no-confidence, budget votes on same day...

(Reuters) Slovakia's minority government faces a crunch day in parliament on Tuesday when lawmakers are due to vote on an opposition no-confidence motion as well as the 2023 budget....

 2022-12-09 15:51 

FX Empire

Soaring current account surplus fails to cover up cracks in Russian economy...

By Alexander Marrow and Darya Korsunskaya...

 2022-12-09 15:51 

FX Empire

Surpluses for battery material cobalt stretch into horizon...

By Pratima Desai LONDON (Reuters) Shrinking demand from battery makers for both consumer electronics and electric vehicles and mounting supplies has altered the landscape for cobalt which is now expected to see many years of surpluses....

 2022-12-09 15:42 

FX Empire

Croatia to buy French air defence system Mistral for 72 million euro...

SARAJEVO (Reuters) Croatia's government on Friday said it would buy French air defence system Mistral for 72 million euros ($75.84 million) as part of the NATO member's efforts to modernise its air force....

 2022-12-09 15:06 

FX Empire

Ukraine should continue to fight, Nobel Peace laureate says...

By Gwladys Fouche and Nerijus Adomaitis OSLO (Reuters) Ukraine should continue to fight Russian troops, the leader of a Ukrainian rights group that won the Nobel Peace Prize said on Friday, adding that any attempt to enter into talks to end the war would ...

 2022-12-09 15:06 

FX Empire

Exclusive-IMF and Ghana expected to reach staff-level agreement by Tuesday sources...

By Cooper Inveen and Christian Akorlie ACCRA (Reuters) The International Monetary Fund (IMF) and Ghana are expected to reach a staff-level agreement on a loan deal by Tuesday at the latest, said three sources with knowledge of the ongoing talks....

 2022-12-09 15:06 

FX Empire

UN Secretary-General calls for investigation on Nigeria forced abortions report...

(Reuters) The United Nations Secretary-General has called for an investigation into allegations of systemic and coerced abortions reportedly perpetrated by the Nigerian army, the U.N spokesman Stephane Dujarric said on Friday....

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