WASHINGTON (Reuters) -U.S. President Joe Biden on Friday welcomed data that showed the U.S. economy created the most jobs in seven months in March but warned Americans that the progress on the economy could be reversed if the coronavirus surges through the country again.“We still have a long way to go,” Biden told reporters.Nonfarm payrolls…
PARIS (Reuters) – Easter at Paris’s Charles de Gaulle airport typically starts two weeks early as extra staff are trained to cope with one of the busiest weekends of the year. On Friday, an eerie calm pervaded Europe’s largest airport as France slides back into lockdown.A woman makes her way in the departures area of…
© Reuters. U.S. President Biden holds Cabinet meeting at the White House in Washington WASHINGTON (Reuters) – Two top White House aides will host a meeting on the resiliency of the U.S. supply chain amid a broader policy review on the issue, an official said on Thursday. White House press secretary Jen Psaki said the…
No results matched your search Economy9 hours ago (Apr 01, 2021 09:50PM ET) © Reuters. FILE PHOTO: A currency dealer walks past electronic boards showing the Korea Composite Stock Price Index (KOSPI) and the exchange rate between the U.S. dollar and South Korean won at a dealing room of a bank, in Seoul By Alwyn…
SINGAPORE (Reuters) – Stung by the collapse of Asia’s top independent oil trading firm, some global banks have teamed up to seek the personal assets of the family behind Hin Leong Trading, which has left creditors on the hook for billions of dollars.FILE PHOTO: O.K. Lim, founder of oil trading group Hin Leong, speaks during…
BANGKOK, April 2 (Reuters) – Thailand’s central bank will begin testing use of its retail digital currency for the general public in the second quarter of next year before fully implementing it over the next 3-5 years, an assistant governor said on Friday.The retail central bank digital currency (retail CBDC) is aimed at providing access…
FILE PHOTO: Economist Adewale “Wally” Adeyemo speaks during his Senate Finance Committee nomination hearing to be Deputy Secretary of the Treasury in the Dirksen Senate Office Building, in Washington, D.C., U.S., February 23, 2021. Greg Nash/Pool via REUTERS/File PhotoWASHINGTON (Reuters) – U.S. Deputy Treasury Secretary Wally Adeyemo on Thursday kicked off a review of U.S.…
(Reuters) – Oil and gas producer Pioneer Natural Resources said on Thursday it would acquire privately-held DoublePoint Energy in a deal valued at about $6.4 billion, as it looks to strengthen its position in the Permian Basin.Pioneer said the acquired acreage is primarily undrilled and increases its acreage position to more than one million net…
Dylan Carlson’s three-run homer highlighted a six-run first inning, and Paul Goldschmidt had four hits as the visiting St. Louis Cardinals recorded an 11-6 season-opening win over the Cincinnati Reds on a chilly Thursday.Nolan Arenado had two hits with an RBI in his team debut and Tyler O’Neill belted a two-run shot as the Cardinals…
TOKYO (Reuters) – The dollar steadied on Friday ahead of data from the United States that is expected to show an increase in job creation and a lower unemployment rate for March, highlighting a steady recovery from the pandemic in the world’s largest economy.FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken…
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