By Stephen Culp NEW YORK (Reuters) – Wall Street closed sharply lower on Monday as investors started the holiday-shortened week in a risk-off mood, as rising bond yields weighed on market-leading growth stocks ahead of crucial inflation data. All three…
Analysis-Politics, not substance, seen guiding U.S. and Iran on terror listing
By Arshad Mohammed and Parisa Hafezi (Reuters) – One of the last obstacles to reviving the 2015 Iran nuclear deal – Tehran’s demand to remove its Revolutionary Guards from a U.S. terrorism list – is more an issue of politics than substance, analysts sa…
Hong Kong police arrest veteran journalist for alleged sedition
By Jessie Pang HONG KONG (Reuters) – Hong Kong’s national security police arrested a veteran journalist and former contributing writer with the now-shuttered liberal media outlet Stand News, on Monday for alleged sedition, police and local media said. …
Macron, Le Pen battle out on cost of living in heated runoff campaign
By Michel Rose, Layli Foroudi and John Irish DENAIN, France (Reuters) -Emmanuel Macron and Marine Le Pen traded blows at a distance on Monday over who would best protect French voters’ purchasing power, kicking off a tense fight to win the presidential…
Mexican president wins 90% backing in leadership vote he sought
By Dave Graham MEXICO CITY (Reuters) -Nine out of ten Mexicans voting on Sunday in an unprecedented recall election engineered by President Andres Manuel Lopez Obrador backed him to stay in office, underlining his domination of a polarized political ag…
Explainer-Why did the United States resettle only 12 Ukrainian refugees in March?
By Ted Hesson and Kristina Cooke WASHINGTON (Reuters) – U.S. President Joe Biden said last month that the United States would accept up to 100,000 Ukrainians fleeing Russia’s invasion, but lawmakers and advocates have urged the Democratic president to …
Musk polls followers on converting Twitter HQ to homeless shelter; Bezos likes idea
(Refiles to add dropped letter in headline) (Reuters) – Two of the world’s richest people are pitching in ideas to tackle the issue of homelessness, suggesting that Twitter Inc convert its headquarters to a shelter home. Amazon.com Inc founder Jeff Bez…
Drugmakers pledge speedier European market launches to avert stricter regulation
FRANKFURT (Reuters) – Drugmakers on Monday pledged to speed up the market launch of new drugs in underserved EU member states in a bid to avert stricter regulation by Brussels. European Federation of Pharmaceutical Industries and Associations (EFPIA) s…
War to slash Ukraine’s GDP output by over 45%, World Bank forecasts
WASHINGTON (Reuters) – Ukraine’s economic output will likely contract by a staggering 45.1% this year as Russia’s invasion has shuttered businesses, slashed exports and destroyed productive capacity, the World Bank said on Sunday in a new assessment of…
Explainer-Macron or Le Pen: why it matters for France, the EU and the West
By Michel Rose PARIS (Reuters) – The French will decide on April 24 whether to re-elect pro-business centrist President Emmanuel Macron or blow up decades of mainstream consensus in favour of far-right Marine Le Pen. Here’s what to expect from them on …