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 2023-01-25 23:37 

FX Empire

Congressional Budget Office to issue debt limit, budget forecasts on Feb. 15...

By David Lawder WASHINGTON (Reuters) The Congressional Budget Office (CBO) said on Wednesday that it plans to release its 2023 baseline budget and economic forecast on Feb. 15, along with a special report on the federal debt limit situation....

 2023-01-25 23:22 

FX Empire

South Korean economy shrinks in Q4 for first time in 2-1/2 years...

SEOUL (Reuters) South Korea's economy contracted in the final quarter of 2022 for the first time in 2-1/2 years, as a post-pandemic spending spree faded and global trade tumbled, central bank estimates showed on Thursday....

 2023-01-25 23:07 

FX Empire

Exclusive-Dutch officials headed to Washington to talk controls on chipmaking gear sources...

By Michael Martina (Reuters) Dutch and U.S. officials will meet in Washington on Friday to discuss potential new controls on exporting semiconductor manufacturing gear to China, with a deal possible by the end of the month, according to two sources famili...

 2023-01-25 23:07 

FX Empire

Chevron sets $75 billion share buyback program, raises dividend...

By Sabrina Valle (Reuters) -Chevron Corp on Wednesday said it would triple its share buyback program to $75 billion, the oil industry's most ambitious shareholder payouts to date, as high oil and gas prices pad profits....

 2023-01-25 22:53 

FX Empire

California mass shootings show limits of strict state gun laws...

By Joseph Ax and Jonathan Allen (Reuters) In a span of less than 72 hours, a massacre at a Monterey Park dance studio and a killing spree at two farms in Half Moon Bay left California in anguish. One man carried out his attack with...

 2023-01-25 22:52 

FX Empire

Brazil Justice Moraes fines Telegram for not suspending pro-Bolsonaro accounts...

BRASILIA (Reuters) Brazil's Supreme Court Justice Alexandre de Moraes fined on Wednesday messaging app Telegram for not suspending accounts of supporters of former President Jair Bolsonaro....

 2023-01-25 22:52 

FX Empire

Shareholders can sue McDonald's ex-executive in landmark ruling...

By Tom Hals WILMINGTON, Del. (Reuters) Shareholders can sue McDonald Corp's former global chief people officer for the damage they claim he caused to the restaurant chain by allegedly allowing a culture of sexual harassment to flourish, according to a...

 2023-01-25 22:37 

FX Empire

Blast kills at least 50 in north central Nigeria -officials...

By Ardo Hazzad BAUCHI, Nigeria (Reuters) Dozens of cattle herders and bystanders were killed and several injured by a suspected bomb blast in Nigeria's north central region, a state government official and spokesperson of the national cattle breeders ...

 2023-01-25 22:22 

FX Empire

Meta to restore Donald Trump's Facebook, Instagram accounts...

(Reuters) Meta Platforms Inc said on Wednesday it will restore former U.S. President Donald Trump's Facebook and Instagram accounts in the coming weeks, following a two-year suspension after the deadly Jan. 6 Capitol Hill riot....

 2023-01-25 22:22 

FX Empire

Juan Valdez coffee exec gets 3-6 years prison in New York over $900,000 theft...

By Jonathan Stempel NEW YORK (Reuters) A former top executive at the North American operator of Juan Valdez coffee has been sentenced to between three and six years in a New York state prison after stealing more than $900,000 from the company....

 2023-01-25 21:58 

FX Empire

Israel's Netanyahu says contested judicial overhaul would strengthen economy...

JERUSALEM (Reuters) Israeli Prime Minister Benjamin Netanyahu on Wednesday remained steadfast in his stance that a plan by his new right-wing government to overhaul the judiciary, which has come under increasing criticism, would not harm the country's...

 2023-01-25 21:52 

FX Empire

IMF approves $86.9 million extended fund facility for Mauritania...

DAKAR (Reuters) The International Monetary Fund (IMF) has approved a $86.9 million extended fund facility for Mauritania, it said in a statement on Wednesday....

 2023-01-25 21:52 

FX Empire

Marketmind: Gloomy economic signals...

By Jamie McGeever (Reuters) A look at the day ahead in Asian markets from Jamie McGeever....

 2023-01-25 21:37 

FX Empire

U.S. arrests of Cuban, Haitian, Nicaraguan and Venezuelan migrants plummet under new restrictions...

WASHINGTON (Reuters) The number of migrants from Cuba, Haiti, Nicaragua and Venezuela caught crossing the U.S.-Mexico border dropped 97% from December to January following new restrictions by U.S. President Joe Biden that expel them back to Mexico....

 2023-01-25 21:37 

FX Empire

Speed, number of tanks supplied is vital to Ukraine -Zelenskiy...

(Reuters) The key to providing tanks for Ukraine's defence against Russia was speed and sufficient numbers, President Volodymyr Zelenskiy said on Wednesday....

 2023-01-25 21:37 

FX Empire

Kohl's close to naming Tom Kingsbury as permanent CEO NYT...

(Reuters) Department store chain Kohl's Corp is in late-stage talks to name Tom Kingsbury as its permanent chief executive, the New York Times reported on Wednesday, citing two people familiar with the situation....

 2023-01-25 21:37 

FX Empire

IBM to cut 3,900 jobs Bloomberg News...

(Reuters) International Business Machines Corp will cut 3,900 roles, or about 1.5% of its global workforce, its chief financial officer, James Kavanaugh, told Bloomberg News in an interview on Wednesday....

 2023-01-25 21:33 

FX Empire

Top U.N. officials seek to 'water down' bans on women in Afghanistan...

KABUL (Reuters) The U.N. aid chief said on Wednesday the humanitarian community was speaking with Taliban officials to try and gain further exemptions and written guidelines to allow some female aid workers to operate despite a ban women NGO staff....

 2023-01-25 21:22 

FX Empire

Levi Strauss gives upbeat 2023 sales outlook as demand holds up...

(Reuters) Levi Strauss & Co forecast annual sales above Wall Street estimates on Wednesday, in a sign that demand for its jeans is holding up better than feared even as consumers shift to purchase more non-denim and office-friendly clothing....

 2023-01-25 21:22 

FX Empire

IBM reports highest annual revenue growth in a decade...

By Chavi Mehta (Reuters) IBM Corp on Wednesday reported its highest annual revenue growth in a decade and beat Wall Street expectations for the fourth quarter as more businesses looked to optimize their operations and save costs amid an economic downturn....

 2023-01-25 21:22 

FX Empire

Tesla beats quarterly revenue estimates...

(Reuters) Tesla Inc beat analysts' estimate for fourth-quarter revenue on Wednesday, powered by record delivery of electric vehicles during the last three months of 2022....

 2023-01-25 21:08 

FX Empire

U.S. finds Louisiana deliberately kept inmates past release date...

By Kanishka Singh WASHINGTON (Reuters) The Justice Department found Louisiana violated the U.S. Constitution by confining people in its custody past the dates when they were legally entitled to be released, adding state authorities were "deliberately ...

 2023-01-25 21:07 

FX Empire

South Korean consumers' inflation expectations inch up in January...

SEOUL (Reuters) South Korean consumers' inflation expectations inched up in January, with sentiment toward economic conditions and the outlook also improving, a central bank survey showed on Thursday....

 2023-01-25 21:07 

FX Empire

Explainer-Who is behind Hindenburg, the company that is shorting Adani?...

By Carolina Mandl NEW YORK (Reuters) Short-seller Hindenburg Research disclosed on Wednesday short positions in India's Adani Group, citing potential stock manipulation and accounting fraud in a report. The allegations sent bonds and shares in the con...

 2023-01-25 21:07 

FX Empire

Relatives ask U.S. judge to detail Boeing 737 MAX plea deal compliance efforts...

(Reuters) Relatives of people killed in two fatal 737 MAX crashes on Wednesday asked a U.S. judge to require Boeing Co to cooperate with an independent corporate monitor and detail its compliance efforts as part of a 2021 deferred prosecution agreement....

 2023-01-25 20:52 

FX Empire

EXCLUSIVE-Bank of Canada's Macklem says he is 'not even thinking' of cutting rates...

OTTAWA (Reuters) Bank of Canada Governor Tiff Macklem on Wednesday said he was focused on whether interest rates would need to go higher and is not even considering cutting them as part of the fight against inflation....

 2023-01-25 20:52 

FX Empire

Mexico same-store sales up 10.6% in 2022, retail group says...

MEXICO CITY (Reuters) Mexican same-store retail sales rose by 10.6% across 2022 compared to the previous year, as the highest inflation in over two decades sent prices soaring, Mexican retailers' association ANTAD said Wednesday, with sales expected t...

 2023-01-25 20:52 

FX Empire

Colombian cartel leader Otoniel pleads guilty to U.S. drugs charges...

NEW YORK (Reuters) The leader of a prominent Colombian criminal group pleaded guilty on Wednesday to U.S. drug trafficking charges, court records showed....

 2023-01-25 20:52 

FX Empire

Factbox-The U.S. Treasury's tools to avoid breaching debt limit...

WASHINGTON (Reuters) As a battle between Republicans and Democrats over raising the federal debt ceiling unfolds, the U.S. Treasury has begun using extraordinary cash management measures to keep the U.S. government from breaching the $31.4 trillion borrow...

 2023-01-25 20:22 

FX Empire

OAS backs Peru's embattled president as protests continue...

(Reuters) The Organization of American States' permanent council expressed its "full support" for Peruvian President Dina Boluarte on Wednesday, as the country struggles with anti-government protests that have left dozens dead over the past mo...

 2023-01-25 20:22 

FX Empire

Magnitude 5.7 earthquake strikes western Sichuan, China region -EMSC...

(Reuters) An earthquake of magnitude 5.7 struck western Sichuan, China region, the European Mediterranean Seismological Centre (EMSC) reported on Thursday....

 2023-01-25 20:09 

FX Empire

Analysis-U.S. corporate bond rally stumbles on 'Goldilocks' skepticism...

By Davide Barbuscia and Matt Tracy (Reuters) A New Year rally in U.S. corporate bonds has started to lose some momentum, as some investors become skeptical of recent optimism about a 'Goldilocks' economic scenario of slowing inflation against a ba...

 2023-01-25 20:07 

FX Empire

Ecuador accuses 28 local election candidates of possible crime links...

QUITO (Reuters) Ecuador's government on Wednesday accused 28 candidates in local elections in cities across the country of having possible ties to drug trafficking and illegal mining in a report submitted to prosecutors, Interior Minister Juan Zapata ...

 2023-01-25 20:07 

FX Empire

Haiti's police cannot beat gangs without international force U.N....

By Michelle Nichols UNITED NATIONS (Reuters) Haiti's police will not win a fight against criminal gangs without more international support, including the key deployment of a rapid action force, the United Nations envoy to the impoverished Caribbean co...

 2023-01-25 20:07 

FX Empire

Lebanon's Mikati says divisions in judiciary may have "dangerous consequences" if not resolved...

(Reuters) Lebanon caretaker prime minister Najib Mikati says the divisions in the judiciary body may have "dangerous consequences" if the concerned people themselves do not work to resolve this dilemma wisely, a statement from Mikati's office ...

 2023-01-25 19:52 

FX Empire

At least 1 dead, 4 injured by man wielding samurai sword in southern Spain church -El Mundo...

MADRID (Reuters) At least one person was killed and four were injured by a man wielding a samurai sword in a church in southern Spain, El Mundo newspaper reported on Wednesday, citing police....

 2023-01-25 19:52 

FX Empire

Juul in deal talks with three tobacco giants WSJ...

(Reuters) -E-cigarette maker Juul Labs Inc is in early talks with three tobacco giants for a potential sale, strategic investment, licensing or distribution deal, the Wall Street Journal reported on Wednesday, citing people familiar with the matter....

 2023-01-25 19:52 

FX Empire

Chicago high-rise fire leaves one dead, eight injured...

By Brendan O'Brien CHICAGO (Reuters) A fast-moving fire on Wednesday spread to nine floors of a high-rise apartment building on Chicago's South Side, killing one person and injuring eight, including a firefighter, officials said....

 2023-01-25 19:52 

FX Empire

Factbox-Georgia on his mind: Donald Trump troubled by more legal woes...

(Reuters) Donald Trump could learn soon whether he or any associates will be charged or cleared of wrongdoing in a Georgia probe into his efforts to overturn his 2020 election defeat, one of a series of legal threats looming over the Republican former U.S...

 2023-01-25 19:37 

FX Empire

Iranian chess player who competed without hijab meets with Spanish PM...

MADRID (Reuters) An Iranian chess player who defected to Spain after she competed without a hijab and was warned not to return to her country met with Spanish Prime Minister Pedro Sanchez in Madrid on Wednesday....

 2023-01-25 19:37 

FX Empire

Splits emerge as U.S. House Republicans demand Biden negotiate on debt limit...

By David Morgan WASHINGTON (Reuters) Republicans who control the U.S. House of Representatives are divided over how hard a line to take on the debt ceiling, but were united on Wednesday in demanding that Democratic President Joe Biden agree to negotiate o...

 2023-01-25 19:22 

FX Empire

Disbarred South Carolina lawyer faces trial in deaths of wife, son...

(Reuters) Opening statements were set to begin on Wednesday in the trial of a now-disbarred South Carolina attorney charged with murdering his wife and son in a complex and grisly case that has drawn international attention....

 2023-01-25 19:22 

FX Empire

Divided U.S. House members spar over national security committee seats...

By Patricia Zengerle WASHINGTON (Reuters) Members of the U.S. House of Representatives traded jabs on Wednesday over Republican Speaker Kevin McCarthy's decision to remove three Democrats from the intelligence and foreign affairs committees, two years...

 2023-01-25 19:22 

FX Empire

News Corp investors cheer Murdoch's decision to scrap tie-up with Fox...

By Dawn Chmielewski, Svea Herbst-Bayliss and Milana Vinn...

 2023-01-25 19:10 

FX Empire

Updated COVID vaccines prevented illness from latest variants -CDC...

(Reuters) Pfizer Inc/BioNTech SE's and Moderna's updated bivalent COVID-19 vaccines helped prevent symptomatic infections from the XBB-related subvariants of Omicron, according to an analysis from the U.S. Centers for Disease Control and Preventio...

 2023-01-25 19:08 

FX Empire

Virginia school warned before 6-year-old shot teacher, lawyer says...

By Tyler Clifford (Reuters) Authorities at a Virginia school were warned three times that a first grader had a gun before he shot and wounded his teacher, her lawyer said on Wednesday, as the board prepared to vote on whether to oust the superintendent ov...

 2023-01-25 19:07 

FX Empire

Trinidad offers to pay for Venezuelan gas with humanitarian supplies...

By Curtis Williams PORT OF SPAIN (Reuters) Trinidad and Tobago would pay Venezuela for natural gas produced at an offshore development with humanitarian supplies like food and medicine, Prime Minister Keith Rowley said, to comply with a U.S. license prohi...

 2023-01-25 19:04 

FX Empire

Kenyan court convicts Venezuelan diplomat for envoy's murder...

NAIROBI (Reuters) A Kenyan court on Wednesday found a Venezuelan diplomat guilty of murdering the Latin American nation's acting ambassador a decade ago at her home in an upmarket Nairobi neighbourhood....

 2023-01-25 19:01 

FX Empire

Suspect in Half Moon Bay shooting rampage due in court...

By Alexandra Ulmer HALF MOON BAY, Calif. (Reuters) The man accused of shooting and killing seven farm workers near San Francisco in the latest of two back-to-back gun rampages in California that claimed 18 lives overall was due in court on Wednesday for h...

 2023-01-25 18:52 

FX Empire

U.S. crude stocks highest since June 2021 as fuel demand falls -EIA...

By Laura Sanicola (Reuters) U.S. crude inventories rose last week as demand for fuels tapered off, and while the increase was less than expected, crude stocks reached the highest level since June 2021, the Energy Information Administration (EIA) said on W...

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