© Reuters. FILE PHOTO: A man wearing a protective face mask, following an outbreak of the coronavirus, talks on his mobile phone in front of a screen showing the Nikkei index outside a brokerage in Tokyo, Japan, February 26, 2020. REUTERS/Athit Perawongmetha/File Ph By Alun John HONG KONG (Reuters) – Asian shares started the week…
(Corrects dateline to Aug 29, no change to story text) BEIJING (Reuters) -China Petroleum & Chemical Corp on Sunday reported a 39.15 billion yuan ($6.05 billion) net profit for the first six months of 2021 on the back of renewed fuel demand and a rebound in oil prices amid a recovery from the impact of…
© Reuters. U.S. President Joe Biden arrives for a virtual briefing with FEMA Administrator Deanne Criswell on preparations for Hurricane Ida at the White House in Washington, U.S., August 28, 2021. REUTERS/Elizabeth Frantz WASHINGTON (Reuters) -U.S. President Joe Biden on Saturday said he has spoken to governors of states in the Gulf of Mexico region…
© Reuters. FILE PHOTO: A copper and cobalt mine run by Sicomines is seen in Kolwezi, Democratic Republic of Congo, May 30, 2015. REUTERS/Aaron Ross/File Photo By Aaron Ross and Karin Strohecker (Reuters) -Democratic Republic of Congo’s government is reviewing its $6 billion “infrastructure-for-minerals” deal with Chinese investors as part of a broader examination of…
© Reuters. FILE PHOTO: A “For Rent” sign is placed in front of a home in Arlington, Virginia, U.S., June 8, 2021. REUTERS/Will Dunham/File Photo WASHINGTON (Reuters) -The Biden administration has written to state and local officials urging that they block unnecessary residential evictions, after the U.S. Supreme Court on Thursday ended a federal moratorium…
2/2 © Reuters. FILE PHOTO: People walk in a commercial street in Havana, Cuba, June 15, 2021. Picture taken on June 15, 2021. REUTERS/Alexandre Meneghini 2/2 By Marc Frank and Anett Rios HAVANA (Reuters) – Cuban entrepreneurs, running businesses ranging from selling dried fruit to repairing bikes and developing software, are scrambling to understand the…
© Reuters. FILE PHOTO: Federal Reserve Chairman Jerome Powell takes his seat to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, U.S., July 15, By Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell on Friday pushed back…
SHANGHAI (Reuters) – China’s central bank increased its short-term fund injection this week by offering the most cash on a net basis in nearly seven months to meet higher cash demand towards the month-end. The People’s Bank of China (PBOC) said it offered 50 billion yuan ($7.71 billion) through seven-day reverse repos into the banking…
© Reuters. FILE PHOTO: The exterior of the White House is seen from the North Lawn in Washington, U.S., August 19, 2021. REUTERS/Cheriss May/File Photo WASHINGTON (Reuters) -The White House said it regretted the Supreme Court’s decision on Thursday to end the Biden administration’s pandemic-related federal moratorium on evictions, and urged states, cities, landlords and…
(Reuters) – U.S. President Joe Biden’s advisers are considering recommending Jerome Powell for a second term as Federal Reserve chair with Lael Brainard as chief regulator, Bloomberg News reported on Thursday, citing people familiar with the matter. Biden is yet to weigh in on Fed personnel decisions and a decision by him is not expected…
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