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 2023-01-26 15:07 

FX Empire

IKEA taps Baltics, others for more wood supplies after shunning Russia...

By Anna Ringstrom and Marie Mannes STOCKHOLM (Reuters) IKEA is using more wood from Sweden and the Baltics to make up for not sourcing it from Russia and Belarus which the company has shunned due to Moscow's war in Ukraine, its wood supply boss said...

 2023-01-26 15:07 

FX Empire

Race against the clock for Germany's top Nazi hunter...

By Tilman Blasshofer LUDWIGSBURG, Germany (Reuters) Germany's top Nazi hunter, Thomas Will, is hopeful of securing further convictions over the Holocaust even as the remaining suspects, many now in their late 90s, die....

 2023-01-26 14:52 

FX Empire

Yellen lauds Ford's 100-year history in South Africa, flags more investments...

By Andrea Shalal SILVERTON, South Africa (Reuters) U.S. Treasury Secretary Janet Yellen on Thursday lauded the Ford Motor Co's 100-year history of assembling vehicles in South Africa and underscored Washington's resolve to expand trade ties with c...

 2023-01-26 14:52 

FX Empire

Ethiopia's Abiy on fist visit to Sudan since border clashes...

KHARTOUM (Reuters) Ethiopia's prime minister Abiy Ahmed visited Sudan on Thursday for the first time since border clashes between the neighbours, amid tensions heightened by the filling of a giant hydropower dam....

 2023-01-26 14:52 

FX Empire

Elevator-maker Kone to axe 1,000 jobs, sees recovery in Asia...

By Anne Kauranen HELSINKI (Reuters) Finnish elevator-maker Kone said on Thursday it would slash up to 1,000 jobs globally to cut costs and it expects demand to pick up in its main market China and elsewhere in Asia this year....

 2023-01-26 14:52 

FX Empire

U.S. Treasury, financial watchdogs, companies among FTX creditors, filing shows...

By Noele Illien and Tom Wilson ZURICH/LONDON (Reuters) Financial watchdogs and government agencies from the United States, Japan and Switzerland are among creditors of bankrupt crypto exchange FTX, as well as companies including Airbnb and crypto giant Bi...

 2023-01-26 14:37 

FX Empire

Blinken will travel to Egypt, Israel, West Bank Jan 29-31 -State Department...

WASHINGTON (Reuters) U.S. Secretary of State Antony Blinken will travel to Egypt, Israel, and the West Bank from Sunday to Tuesday, the State Department said....

 2023-01-26 14:37 

FX Empire

Panama not willing to expand First Quantum's copper mine operations...

By Valentine Hilaire MEXICO CITY (Reuters) Panama will not allow Canada's First Quantum to expand the area of its existing copper mining operations, the deputy environment minister told Reuters, stressing the government's opposition to the firm...

 2023-01-26 14:37 

FX Empire

Industry body clarifies what happens when crypto derivatives crash...

By Huw Jones LONDON (Reuters) An industry body set out a global framework on Thursday for trading derivatives linked to cryptoassets to avoid FTX-style collapses sowing confusion over ownership....

 2023-01-26 14:22 

FX Empire

With eyes on FTX bankruptcy, U.S. regulator seeks more due diligence authority...

By Chris Prentice NEW YORK (Reuters) A top official with the U.S. Commodity Futures Trading Commission (CFTC) is pressing lawmakers to give regulators authority to dig into the books of any firm seeking to acquire significant interest in any registered ma...

 2023-01-26 14:22 

FX Empire

U.S. core capital goods orders fall in December...

WASHINGTON (Reuters) New orders for U.S.-made capital goods fell in December, while shipments declined for a second straight month, suggesting that higher borrowing costs were now pressuring manufacturing....

 2023-01-26 14:13 

FX Empire

US Treasury Yields Climb Above 3.5% after GDP Grows More than Expected...

Fourth-quarter gross domestic product rose at a 2.9% annualized pace, according to Commerce Department data....

 2023-01-26 14:07 

FX Empire

Russia outlaws Meduza news site in latest media crackdown...

(Reuters) Russian authorities designated the independent news outlet Meduza an "undesirable organisation" on Thursday, effectively outlawing the site from operating in Russia and banning any Russian from cooperating with Meduza or its journalists....

 2023-01-26 13:52 

FX Empire

Lebanese central bank freezes accounts of money exchanger sanctioned by U.S...

BEIRUT (Reuters) Lebanon's central bank froze all bank accounts belonging to Lebanese currency exchange house CTEX and its owner Hassan Moukaled on Thursday, days after the U.S. Treasury sanctioned them over alleged financial ties to blacklisted group...

 2023-01-26 13:37 

FX Empire

Analysis-Erdogan thrusts NATO expansion issue into Turkey's tense election campaign...

By Huseyin Hayatsever, Birsen Altayli and Jonathan Spicer...

 2023-01-26 13:37 

FX Empire

Senegalese farmer pleads for support as African leaders discuss food security...

By Ngouda Dione and Bate Felix NOTTO GOUYE DIAMA, Senegal (Reuters) As African heads of state gathered in Senegal's capital Dakar for a three-day summit this week to find solutions to food insecurity on the continent, 33-year-old farmer Mor Kabe had a...

 2023-01-26 13:37 

FX Empire

JetBlue Airways expects higher 2023 profit on strong travel demand...

(Reuters) JetBlue Airways Corp forecast full-year adjusted profit above Wall Street estimates on Thursday, aided by a strong rebound in travel demand even as economic worries mount....

 2023-01-26 13:37 

FX Empire

Spain to scrap mandatory masks on public transport on Feb. 7...

MADRID (Reuters) Spain, one of the last countries in Europe to still require people to wear masks on public transport to prevent the spread of COVID-19, will likely lift the obligation on Feb. 7, Health Minister Carolina Darias said on Thursday....

 2023-01-26 13:36 

FX Empire

Mastercard forecasts downbeat revenue growth on economic slowdown...

(Reuters) Mastercard Inc on Thursday reported a better-than-expected profit for the fourth quarter as resilient spending volumes helped the payments company cushion the blow from higher expenses....

 2023-01-26 13:07 

FX Empire

Mobileye expects strong 2023 as customers lap up autonomous driving tech...

(Reuters) -Mobileye Global Inc forecast fiscal 2023 revenue higher than analysts' projections and delivered better-than-expected fourth-quarter earnings, as vehicle makers lapped up its driver-assistance technology....

 2023-01-26 13:07 

FX Empire

More than 160 Afghans die in bitterly cold weather...

KABUL (Reuters) More than 160 people have died from the cold in Afghanistan this month in the worst winter in more than a decade, authorities said on Thursday, as residents described being unable to afford fuel to heat homes in temperatures well below fre...

 2023-01-26 13:07 

FX Empire

Bank of Canada's Q3 loss spurs government to fix central bank equity problem...

By Fergal Smith TORONTO (Reuters) After the Bank of Canada posted its first ever quarterly loss, the federal government plans to introduce legislation enabling the central bank to retain profits rather than remit them to the government, BoC Governor Tiff ...

 2023-01-26 13:01 

FX Empire

Koji Sato, incoming Toyota CEO, must navigate shift to clean energy...

By Sakura Murakami TOKYO (Reuters) Koji Sato, who was named on Thursday as the future CEO of Japan's top automaker Toyota Motor Corp, is an engineer with a background in diesel engines who will be tasked with navigating the company's shift to clea...

 2023-01-26 12:52 

FX Empire

Italy, Albania drug-trafficking network dismantled, says Europol...

BRUSSELS (Reuters) Law enforcement authorities have dismantled a network of drug traffickers in Italy and Albania, Europe's Europol police agency said on Thursday....

 2023-01-26 12:52 

FX Empire

Paris: Franco-Irish citizen held in Iran must be freed immediately and needs medical care...

PARIS (Reuters) Bernard Phelan, a Franco-Irish citizen detained in Iran, must be released immediately and provided access to urgent medical care, the Foreign Ministry in Paris said on Thursday....

 2023-01-26 12:52 

FX Empire

Tissue maker Essity sees bigger energy hit after earnings beat...

By Agata Rybska and Louise Rasmussen (Reuters) -Essity beat fourth-quarter earnings forecasts on Thursday as price increases and government aid offset energy costs at the world's second-biggest maker of consumer tissue....

 2023-01-26 12:37 

FX Empire

U.S. futures edge higher on upbeat Tesla outlook, GDP data awaited...

(Reuters) U.S. stock index futures edged higher on Thursday ahead of economic growth data with the Nasdaq climbing nearly half a percent as Tesla's bullish sales outlook eased worries over the fallout of an economic slowdown on the EV maker....

 2023-01-26 12:37 

FX Empire

Fewer Treasury bills and liquidity questions what to expect from the U.S. refunding...

By Karen Brettell (Reuters) The U.S. Treasury Department next week is likely to announce that it will offer fewer Treasury bills in the second quarter, after hitting its statutory borrowing limit....

 2023-01-26 12:37 

FX Empire

Olympics-Russian athletes could participate in Asian competitions IOC...

BERLIN (Reuters) -Russian and Belarusian athletes could participate in Asian events with the International Olympic Committee looking at options for their return to international competitions....

 2023-01-26 12:37 

FX Empire

Olympics-OCA offers Russian, Belarusian athletes opportunity to compete at Asian Games...

(Reuters) The Olympic Council of Asia (OCA) said on Thursday it has offered to let Russian and Belarusian athletes take part in the Asian Games, a first step towards them competing at the Paris 2024 summer Olympics....

 2023-01-26 12:22 

FX Empire

Grain trader ADM hikes dividend as quarterly profit tops estimate...

(Reuters) Archer-Daniels-Midland Co on Thursday reported upbeat fourth-quarter profit and said it will raise its dividend payments, as the global grains merchant benefited from tight global supply and hefty demand for grain and oilseeds....

 2023-01-26 12:22 

FX Empire

Comcast revenue tops estimates amid cord-cutting, muted broadband growth...

By Helen Coster and Eva Mathews (Reuters) Comcast Corp's fourth-quarter revenue beat Wall Street expectations on Thursday, as the media company saw continued demand at its theme parks and experienced modest gains in broadband subscribers outside of re...

 2023-01-26 12:22 

FX Empire

Turkey says it is "meaningless" to restore NATO dialogue with Sweden, Finland...

ANKARA (Reuters) Turkish Foreign Minister Mevlut Cavusoglu said on Thursday it was "meaningless"; to hold a trilateral meeting with Sweden and Finland to discuss their NATO bids after protests this month in Stockholm....

 2023-01-26 12:22 

FX Empire

American Airlines forecasts higher profit on buoyant travel demand...

(Reuters) American Airlines on Thursday forecast sharply higher profit for the full year and beat estimates for quarterly earnings on buoyant demand for air travel....

 2023-01-26 12:22 

FX Empire

Blackstone's earnings fall 41% as assets sales slump...

By Chibuike Oguh NEW YORK (Reuters) Blackstone Inc said on Thursday its fourth quarter distributable earnings fell 41% year-on-year as the world's largest manager of alternative assets cashed out fewer investments across its key portfolios....

 2023-01-26 12:07 

FX Empire

Northrop Grumman expects strong 2023 revenue as weapon demand surges...

By Mike Stone and Nathan Gomes (Reuters) U.S. defense contractor Northrop Grumman Corp on Thursday forecast full-year sales above Wall Street estimates, as it benefits from strong demand for weapons from countries ramping up their defense spend....

 2023-01-26 12:07 

FX Empire

Southwest Airlines forecasts first-quarter loss on cancellations impact...

By Kannaki Deka (Reuters) Southwest Airlines Co on Thursday warned of a loss in the current quarter, as passengers shunned the carrier in the immediate aftermath of a tech meltdown that forced it to scrap thousands of flights between Christmas and New Yea...

 2023-01-26 12:07 

FX Empire

Holocaust survivor finds refuge from Ukraine war in Poland...

KRAKOW, Poland (Reuters) Iya Rudzitskaya, a 92-year-old Ukrainian Jew, has fled Kyiv twice. First, in 1941, when she was just 10 years old and German bombs started falling on the then Ukrainian Soviet Socialist Republic. The second time came last year, wh...

 2023-01-26 12:07 

FX Empire

California shooting victims: Who died in Monterey Park and Half Moon Bay attacks?...

(Reuters) Back-to-back mass shootings in California have claimed the lives of people who loved to dance at a studio in Monterey Park and farm workers in the coastal community of Half Moon Bay....

 2023-01-26 11:52 

FX Empire

French caterer Elior's shares slide on sales miss...

By Diana Mandia (Reuters) Elior posted a smaller-than-expected rise in first quarter sales on Thursday as the French catering group renegotiates prices with clients, sending its shares 13% lower....

 2023-01-26 11:52 

FX Empire

Holocaust survivors use AI imagery to keep stories alive...

By Rami Amichay BEIT SHEMESH, Israel (Reuters) Ehudith Bracha Serchook narrowly escaped death when her family fled Nazi-allied forces storming the Crimean city of Odesa in 1941, saved only by a lost sandal which made her miss her place on a passenger ship...

 2023-01-26 11:23 

FX Empire

Canada expected to buck trend of big investment banking layoffs...

By Maiya Keidan TORONTO (Reuters) Some of Canada's top investment banks plan to maintain staffing levels to meet client expectations for the same level of coverage through the ups and downs of business cycles, head hunters and industry executives said...

 2023-01-26 11:22 

FX Empire

Court rejects Kurdish party bid to delay closure ruling till after Turkey elections...

ANKARA (Reuters) Turkey's top court rejected on Thursday a request by the pro-Kurdish Peoples' Democratic Party (HDP) to delay until after the country's elections in May a final ruling on a case that could shut the party down over alleged ties...

 2023-01-26 11:22 

FX Empire

Oscar contenders court box-office bounce as drama audiences dwindle...

By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) More movie theaters this weekend will be showing "The Fablemans," "Tar" and "Women Talking," a move to capitalize on the films' Oscar nominations at a time when dramas...

 2023-01-26 11:22 

FX Empire

U.S. inflation roller coaster prompts fresh look at long-ignored money supply...

By Michael S. Derby NEW YORK (Reuters) The amount of money sloshing around the U.S. economy shrank last year for the first time on record, a development that some economists believe bolsters the case for U.S. inflation pressures continuing to abate....

 2023-01-26 11:22 

FX Empire

Dow misses quarterly profit estimates, plans to cut 2,000 jobs...

(Reuters) Chemicals giant Dow Inc on Thursday missed Wall Street estimates for fourth-quarter profit, hurt by higher energy costs, weaker demand and supply chain disruptions and said it would cut about 2,000 jobs globally....

 2023-01-26 11:22 

FX Empire

Exclusive-Renault, Nissan aim to announce deal on reshaped alliance on Feb 6 -sources...

TOKYO/PARIS (Reuters) French car maker Renault and its Japanese partner Nissan Motor aim to formally unveil a deal to reshape their alliance in London on Feb. 6, two sources close to the matter told Reuters on Thursday....

 2023-01-26 11:22 

FX Empire

Marketmind: Parsing the peak, sidestepping a slump...

A look at the day ahead in U.S. and global markets from Mike Dolan....

 2023-01-26 11:07 

FX Empire

Spain's hunting dogs law exposes rural and urban divisions...

By Corina Pons MADRID (Reuters) A draft law aimed at strengthening animal rights in Spain is exposing divisions within the ruling Socialist Party's electoral base amid warnings it risks outlawing hunting with dogs....

 2023-01-26 11:07 

FX Empire

Trump seeks to shift his idling White House campaign back into gear...

By Gram Slattery and Steve Holland WASHINGTON (Reuters) Donald Trump will seek to kick his campaign for the 2024 Republican nomination into gear this weekend, with a pair of campaign stops in key early-voting states more than two months after he announced...

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